Sunstone Hotel Investors (NYSE:SHO) is set to release its earnings data before the market opens on Monday, November 5th. Analysts expect Sunstone Hotel Investors to post earnings of $0.29 per share for the quarter.

Sunstone Hotel Investors (NYSE:SHO) last posted its quarterly earnings results on Monday, July 30th. The real estate investment trust reported $0.20 EPS for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.16). The business had revenue of $317.40 million for the quarter, compared to the consensus estimate of $317.54 million. Sunstone Hotel Investors had a net margin of 10.08% and a return on equity of 4.26%. Sunstone Hotel Investors’s revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.38 earnings per share. On average, analysts expect Sunstone Hotel Investors to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE:SHO opened at $14.09 on Monday. The company has a current ratio of 5.62, a quick ratio of 5.61 and a debt-to-equity ratio of 0.40. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of 11.55, a price-to-earnings-growth ratio of 2.71 and a beta of 1.02. Sunstone Hotel Investors has a 52 week low of $13.67 and a 52 week high of $17.60.

The company also recently announced a quarterly dividend, which was paid on Monday, October 15th. Stockholders of record on Friday, September 28th were issued a $0.05 dividend. The ex-dividend date was Thursday, September 27th. This represents a $0.20 annualized dividend and a dividend yield of 1.42%. Sunstone Hotel Investors’s dividend payout ratio (DPR) is 16.39%.

Separately, Zacks Investment Research raised Sunstone Hotel Investors from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a report on Saturday, July 21st. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $16.94.

About Sunstone Hotel Investors

Sunstone Hotel Investors, Inc is a lodging real estate investment trust ("REIT") that as of July 30, 2018 has interests in 24 hotels comprised of 12,046 rooms. Sunstone's primary business is to acquire, own, asset manage and renovate hotels considered to be Long-Term Relevant Real Estate, the majority of which are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt.

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Earnings History for Sunstone Hotel Investors (NYSE:SHO)

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