Shares of Sunstone Hotel Investors (NYSE:SHO) have received an average rating of “Hold” from the twelve analysts that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $15.92.
Several analysts recently issued reports on SHO shares. Boenning Scattergood upgraded shares of Sunstone Hotel Investors from a “neutral” rating to an “outperform” rating in a research report on Wednesday, February 21st. Raymond James Financial reiterated a “market perform” rating on shares of Sunstone Hotel Investors in a research report on Monday, January 8th. Wells Fargo reiterated a “market perform” rating and set a $17.50 price target on shares of Sunstone Hotel Investors in a research report on Tuesday, December 19th. B. Riley set a $16.00 price target on shares of Sunstone Hotel Investors and gave the stock a “hold” rating in a research report on Monday, February 12th. Finally, Robert W. Baird set a $17.00 price target on shares of Sunstone Hotel Investors and gave the stock a “hold” rating in a research report on Wednesday, February 14th.
Shares of NYSE SHO traded down $0.17 during trading hours on Thursday, hitting $14.83. 2,197,940 shares of the stock were exchanged, compared to its average volume of 1,998,728. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $3,341.53, a price-to-earnings ratio of 12.16, a P/E/G ratio of 2.64 and a beta of 1.06. Sunstone Hotel Investors has a 1-year low of $14.09 and a 1-year high of $17.46.
Sunstone Hotel Investors (NYSE:SHO) last posted its quarterly earnings results on Monday, February 12th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.19). The firm had revenue of $290.19 million for the quarter, compared to analyst estimates of $284.59 million. Sunstone Hotel Investors had a return on equity of 5.56% and a net margin of 12.53%. The business’s revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.29 EPS. equities research analysts forecast that Sunstone Hotel Investors will post 1.12 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Friday, March 30th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Wednesday, March 28th. Sunstone Hotel Investors’s payout ratio is 16.39%.
Large investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC bought a new position in Sunstone Hotel Investors in the 4th quarter valued at approximately $155,000. Lourd Capital LLC bought a new position in Sunstone Hotel Investors in the 4th quarter valued at approximately $204,000. Koch Industries Inc. bought a new position in Sunstone Hotel Investors in the 4th quarter valued at approximately $212,000. Zeke Capital Advisors LLC bought a new position in Sunstone Hotel Investors in the 4th quarter valued at approximately $232,000. Finally, Xact Kapitalforvaltning AB bought a new position in Sunstone Hotel Investors in the 4th quarter valued at approximately $289,000.
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Sunstone Hotel Investors Company Profile
Sunstone Hotel Investors, Inc is a lodging real estate investment trust ("REIT") that as of February 12, 2018 has interests in 25 hotels comprised of 12,450 rooms. Sunstone's hotels are primarily in the urban and resort upper upscale segment and are predominantly operated under nationally recognized brands, such as Marriott, Hilton and Hyatt.
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