Sunstone Hotel Investors (NYSE:SHO) Raised to Buy at Wall Street Zen

Sunstone Hotel Investors (NYSE:SHO) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

SHO has been the topic of several other research reports. LADENBURG THALM/SH SH assumed coverage on shares of Sunstone Hotel Investors in a report on Thursday, March 26th. They issued a “hold” rating and a $10.00 target price on the stock. Citigroup upped their price target on shares of Sunstone Hotel Investors from $9.50 to $10.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sunstone Hotel Investors in a research report on Friday, July 10th. Truist Financial raised their price target on Sunstone Hotel Investors from $10.00 to $11.00 and gave the company a “hold” rating in a research report on Thursday, March 26th. Finally, Wells Fargo & Company lifted their price objective on Sunstone Hotel Investors from $12.00 to $13.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Sunstone Hotel Investors has a consensus rating of “Moderate Buy” and an average price target of $10.83.

Sunstone Hotel Investors Trading Up 0.0%

Shares of SHO stock opened at $11.73 on Friday. Sunstone Hotel Investors has a 12 month low of $8.48 and a 12 month high of $12.07. The company has a quick ratio of 3.42, a current ratio of 3.42 and a debt-to-equity ratio of 0.58. The business’s 50 day moving average is $11.20 and its two-hundred day moving average is $9.97. The company has a market cap of $2.19 billion, a PE ratio of 106.69, a price-to-earnings-growth ratio of 2.62 and a beta of 0.97.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.05. The company had revenue of $259.71 million for the quarter, compared to analyst estimates of $244.29 million. Sunstone Hotel Investors had a net margin of 3.84% and a return on equity of 2.27%. The company’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.21 earnings per share. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. Equities analysts predict that Sunstone Hotel Investors will post 0.91 EPS for the current year.

Insiders Place Their Bets

In related news, insider Robert C. Springer sold 89,631 shares of Sunstone Hotel Investors stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $11.62, for a total transaction of $1,041,512.22. Following the sale, the insider directly owned 573,743 shares of the company’s stock, valued at $6,666,893.66. This trade represents a 13.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Sunstone Hotel Investors

Several large investors have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in Sunstone Hotel Investors by 27.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,274 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 1,135 shares during the period. California State Teachers Retirement System raised its stake in shares of Sunstone Hotel Investors by 0.7% in the 2nd quarter. California State Teachers Retirement System now owns 178,604 shares of the real estate investment trust’s stock valued at $1,550,000 after purchasing an additional 1,170 shares during the period. Royal Bank of Canada raised its stake in shares of Sunstone Hotel Investors by 1.2% in the 1st quarter. Royal Bank of Canada now owns 103,294 shares of the real estate investment trust’s stock valued at $931,000 after purchasing an additional 1,204 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Sunstone Hotel Investors by 1.6% in the first quarter. AQR Capital Management LLC now owns 83,864 shares of the real estate investment trust’s stock valued at $789,000 after purchasing an additional 1,307 shares in the last quarter. Finally, Heritage Family Offices LLP lifted its holdings in shares of Sunstone Hotel Investors by 9.9% in the fourth quarter. Heritage Family Offices LLP now owns 21,473 shares of the real estate investment trust’s stock valued at $192,000 after purchasing an additional 1,938 shares in the last quarter. Institutional investors and hedge funds own 99.37% of the company’s stock.

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.