Sunstone Hotel Investors, Inc. (NYSE:SHO) Stock Has Consensus Price Target of $11.17

Shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) have earned a consensus rating of “Hold” from the eight ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $11.17.

Several brokerages have recently issued reports on SHO. Weiss Ratings raised Sunstone Hotel Investors from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Wall Street Zen cut Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Zacks Research downgraded shares of Sunstone Hotel Investors from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. Wells Fargo & Company upgraded shares of Sunstone Hotel Investors to a “strong-buy” rating in a research report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Sunstone Hotel Investors from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Wednesday.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Fifth Third Wealth Advisors LLC purchased a new stake in Sunstone Hotel Investors in the 3rd quarter worth about $509,000. Sterling Capital Management LLC raised its stake in Sunstone Hotel Investors by 187.2% in the 3rd quarter. Sterling Capital Management LLC now owns 5,115 shares of the real estate investment trust’s stock valued at $57,000 after acquiring an additional 3,334 shares during the period. Nisa Investment Advisors LLC lifted its holdings in Sunstone Hotel Investors by 55.7% during the third quarter. Nisa Investment Advisors LLC now owns 27,711 shares of the real estate investment trust’s stock valued at $313,000 after purchasing an additional 9,915 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Sunstone Hotel Investors by 30.9% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 52,014 shares of the real estate investment trust’s stock valued at $583,000 after purchasing an additional 12,269 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC bought a new position in Sunstone Hotel Investors in the 3rd quarter worth approximately $169,000. 99.37% of the stock is owned by institutional investors.

Sunstone Hotel Investors Price Performance

Shares of NYSE SHO opened at $12.51 on Thursday. The company has a market capitalization of $2.33 billion, a PE ratio of 56.86, a PEG ratio of 2.94 and a beta of 1.00. 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 stock’s 50 day moving average price is $11.32 and its 200-day moving average price is $11.04. Sunstone Hotel Investors has a twelve month low of $8.69 and a twelve month high of $12.78.

Sunstone Hotel Investors (NYSE:SHO) last issued its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.06. The company had revenue of $277.11 million during the quarter, compared to the consensus estimate of $266.67 million. Sunstone Hotel Investors had a return on equity of 3.21% and a net margin of 5.30%. Sunstone Hotel Investors has set its FY 2026 guidance at 0.930-0.980 EPS. On average, equities analysts anticipate that Sunstone Hotel Investors will post 0.98 EPS for the current year.

Sunstone Hotel Investors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Wednesday, September 30th. Sunstone Hotel Investors’s payout ratio is presently 163.64%.

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.