Sunstone Hotel Investors, Inc. (SHO) To Go Ex-Dividend on June 30th

Sunstone Hotel Investors, Inc. (NYSE:SHO) announced a quarterly dividend on Monday, May 4th. Investors of record on Tuesday, June 30th will be given a dividend of 0.09 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, June 30th.

Sunstone Hotel Investors has increased its dividend by an average of 0.5%annually over the last three years and has increased its dividend every year for the last 2 years. Sunstone Hotel Investors has a payout ratio of 189.5% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Sunstone Hotel Investors to earn $0.94 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 38.3%.

Sunstone Hotel Investors Stock Performance

Shares of SHO stock opened at $10.02 on Wednesday. Sunstone Hotel Investors has a 12 month low of $8.14 and a 12 month high of $10.27. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.94 and a quick ratio of 2.94. The firm has a market capitalization of $1.90 billion, a P/E ratio of 250.59, a P/E/G ratio of 2.76 and a beta of 0.96. The company’s fifty day moving average price is $9.36 and its two-hundred day moving average price is $9.23.

Sunstone Hotel Investors (NYSE:SHO) last announced its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. Sunstone Hotel Investors had a return on equity of 1.44% and a net margin of 2.56%.The company had revenue of $259.71 million during the quarter, compared to the consensus estimate of $244.30 million. During the same period last year, the firm earned $0.21 earnings per share. The company’s revenue was up 10.9% on a year-over-year basis. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. On average, research analysts anticipate that Sunstone Hotel Investors will post 0.89 earnings per share for the current fiscal year.

About Sunstone Hotel Investors

Sunstone Hotel Investors, Inc (NYSE:SHO) is a publicly traded real estate investment trust (REIT) focused on acquiring, owning and asset‐managing upper‐upscale extended‐stay and premium‐branded hotel properties in the United States. The company’s business model centers on generating stable, long‐term cash flows through franchise agreements and third‐party management contracts with established hotel operators.

As of the most recent reporting period, Sunstone’s portfolio includes approximately 97 hotels and nearly 25,000 guest rooms across 19 states, with concentrations in major metropolitan and select high‐growth secondary markets.