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

Sunstone Hotel Investors, Inc. (NYSE:SHO) declared a quarterly dividend on Wednesday, August 5th. Investors of record on Wednesday, September 30th will be given a dividend of 0.09 per share by the real estate investment trust on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, September 30th.

Sunstone Hotel Investors has raised its dividend payment by an average of 0.5%per year over the last three years and has raised 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 $0.98 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 36.7%.

Sunstone Hotel Investors Price Performance

Shares of NYSE SHO opened at $11.30 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.42 and a quick ratio of 3.42. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 102.70, a price-to-earnings-growth ratio of 2.52 and a beta of 0.97. The stock’s 50-day moving average is $11.54 and its two-hundred day moving average is $10.21. Sunstone Hotel Investors has a 1-year low of $8.61 and a 1-year high of $12.07.

Sunstone Hotel Investors (NYSE:SHO) last announced its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.06. Sunstone Hotel Investors had a return on equity of 2.27% and a net margin of 3.84%.The business had revenue of $277.11 million during the quarter, compared to the consensus estimate of $266.67 million. Sunstone Hotel Investors has set its FY 2026 guidance at 0.930-0.980 EPS. Analysts forecast that Sunstone Hotel Investors will post 0.91 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on SHO shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Sunstone Hotel Investors in a report on Friday, July 10th. JPMorgan Chase & Co. increased their target price on Sunstone Hotel Investors from $9.00 to $10.00 and gave the company an “underweight” rating in a report on Tuesday, July 21st. Zacks Research downgraded Sunstone Hotel Investors from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. Citigroup increased their price objective on Sunstone Hotel Investors from $9.50 to $10.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen raised Sunstone Hotel Investors from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Sunstone Hotel Investors presently has a consensus rating of “Hold” and an average target price of $10.67.

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.