Sunstone Hotel Investors, Inc. (NYSE:SHO) to Issue $0.09 Quarterly Dividend

Sunstone Hotel Investors, Inc. (NYSE:SHO) declared a quarterly dividend on Thursday, February 26th. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.09 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Tuesday, March 31st.

Sunstone Hotel Investors has increased its dividend payment by an average of 0.5%per year over the last three years and has increased its dividend every year for the last 2 years. Sunstone Hotel Investors has a dividend payout ratio of 189.5% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Sunstone Hotel Investors to earn $0.97 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 37.1%.

Sunstone Hotel Investors Stock Performance

SHO stock opened at $8.96 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.94 and a quick ratio of 2.94. Sunstone Hotel Investors has a 1-year low of $7.45 and a 1-year high of $10.27. The business has a 50-day moving average price of $9.18 and a 200 day moving average price of $9.23. The company has a market capitalization of $1.69 billion, a P/E ratio of 223.93, a PEG ratio of 2.46 and a beta of 0.97.

Sunstone Hotel Investors (NYSE:SHO) last announced its quarterly earnings results on Friday, February 27th. The real estate investment trust reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. The firm had revenue of $236.97 million during the quarter, compared to analysts’ expectations of $226.18 million. Sunstone Hotel Investors had a net margin of 2.56% and a return on equity of 1.44%. The company’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.16 EPS. Sunstone Hotel Investors has set its FY 2026 guidance at 0.810-0.940 EPS. As a group, equities research analysts forecast that Sunstone Hotel Investors will post 0.79 EPS for the current fiscal year.

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.