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

Shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) have earned an average rating of “Hold” from the eight research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $11.43.

Several brokerages have commented on SHO. Weiss Ratings upgraded Sunstone Hotel Investors from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Evercore set a $13.00 target price on Sunstone Hotel Investors in a report on Monday. Zacks Research cut Sunstone Hotel Investors from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. Wall Street Zen cut Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, JPMorgan Chase & Co. increased their price target on shares of Sunstone Hotel Investors from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Wednesday, October 21st.

Sunstone Hotel Investors Trading Up 0.9%

NYSE:SHO opened at $12.62 on Thursday. Sunstone Hotel Investors has a 1 year low of $8.69 and a 1 year high of $12.78. The stock’s fifty day moving average price is $11.36 and its two-hundred day moving average price is $10.48. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.84 and a quick ratio of 3.84. The company has a market cap of $2.35 billion, a P/E ratio of 57.39, a P/E/G ratio of 2.94 and a beta of 1.00.

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

Sunstone Hotel Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.36 annualized dividend and a yield of 2.9%. Sunstone Hotel Investors’s payout ratio is currently 163.64%.

Institutional Trading of Sunstone Hotel Investors

A number of hedge funds and other institutional investors have recently bought and sold shares of SHO. Bank of America Corp DE purchased a new position in shares of Sunstone Hotel Investors during the 2nd quarter valued at $71,074,000. Readystate Asset Management LP bought a new position in shares of Sunstone Hotel Investors in the second quarter worth $1,337,000. Jupiter Topco LLC bought a new position in shares of Sunstone Hotel Investors in the second quarter worth $1,067,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Sunstone Hotel Investors in the second quarter worth $1,822,000. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Sunstone Hotel Investors in the second quarter worth $1,112,000. Institutional investors own 99.37% of the company’s stock.

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.