Sunstone Hotel Investors, Inc. (NYSE:SHO) Shares Will Pay Quarterly Dividend of $0.09

Sunstone Hotel Investors, Inc. (NYSE:SHO) announced a quarterly dividend on Thursday, November 5th. Shareholders of record on Thursday, December 31st will be paid a dividend of $0.09 per share by the real estate investment trust on Friday, January 15th. This represents a $0.36 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, December 31st.

Sunstone Hotel Investors has increased its dividend payment by an average of 0.5% per year over the last three years and has raised its dividend annually for the last 2 consecutive years. Sunstone Hotel Investors has a dividend 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. Analysts expect Sunstone Hotel Investors to earn $1.01 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 35.6%.

Sunstone Hotel Investors Stock Performance

NYSE SHO traded up $0.14 during trading hours on Friday, hitting $12.49. The company had a trading volume of 2,746,545 shares, compared to its average volume of 2,272,661. Sunstone Hotel Investors has a fifty-two week low of $8.69 and a fifty-two week high of $13.08. The firm has a market cap of $2.32 billion, a P/E ratio of 56.77, a price-to-earnings-growth ratio of 2.28 and a beta of 0.99. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 0.59. The business has a fifty day simple moving average of $11.61 and a 200-day simple moving average of $10.62.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings results on Friday, November 6th. The real estate investment trust reported $0.20 EPS for the quarter, topping the consensus estimate of $0.03 by $0.17. Sunstone Hotel Investors had a net margin of 5.30% and a return on equity of 3.21%. The business had revenue of $233.72 million during the quarter, compared to analyst estimates of $222.89 million. Sunstone Hotel Investors has set its FY 2026 guidance at 1.000-1.030 EPS. Equities analysts predict that Sunstone Hotel Investors will post 0.99 EPS for the current year.

Sunstone Hotel Investors Company Profile

Sunstone Hotel Investors, Inc (NYSE: SHO) is a real estate investment trust that owns and manages hotels in the United States. The company focuses primarily on upscale and upper-upscale properties located in major business, convention, and leisure destinations.

Sunstone’s portfolio includes full-service hotels operated under well-known hospitality brands as well as independent properties. Its hotels provide accommodations, restaurants and bars, meeting and event facilities, fitness amenities, and other services designed for business and leisure travelers.

The company has historically pursued ownership of institutional-quality lodging assets in markets with strong travel demand, including coastal gateway cities and popular resort and urban destinations.