Analysts Set Sunstone Hotel Investors, Inc. (NYSE:SHO) Price Target at $10.67

Sunstone Hotel Investors, Inc. (NYSE:SHO) has been assigned an average rating of “Hold” from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $10.6667.

A number of research analysts have issued reports on SHO shares. JPMorgan Chase & Co. lifted their price objective 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 lowered 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. Weiss Ratings upgraded shares of Sunstone Hotel Investors from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Finally, Wall Street Zen downgraded shares of Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a report on Saturday, August 8th.

Sunstone Hotel Investors Stock Performance

NYSE:SHO opened at $10.88 on Wednesday. Sunstone Hotel Investors has a 12-month low of $8.69 and a 12-month high of $12.07. 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 firm has a market capitalization of $2.02 billion, a PE ratio of 49.43, a price-to-earnings-growth ratio of 2.62 and a beta of 0.97. The firm has a 50-day moving average price of $11.32 and a 200 day moving average price of $10.54.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates 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 for 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. Research analysts anticipate that Sunstone Hotel Investors will post 0.97 earnings per share for the current fiscal year.

Sunstone Hotel Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.09 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.3%. Sunstone Hotel Investors’s payout ratio is 163.64%.

Insider Activity at Sunstone Hotel Investors

In related news, insider Robert Springer sold 89,631 shares of the stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $11.62, for a total transaction of $1,041,512.22. Following the sale, the insider directly owned 573,743 shares in the company, valued at $6,666,893.66. This represents a 13.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.40% of the stock is owned by insiders.

Hedge Funds Weigh In On Sunstone Hotel Investors

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC acquired a new stake in shares of Sunstone Hotel Investors in the fourth quarter valued at $26,000. North Star Investment Management Corp. acquired a new position in Sunstone Hotel Investors during the 1st quarter worth about $27,000. FIL Ltd lifted its position in Sunstone Hotel Investors by 57.2% during the 4th quarter. FIL Ltd now owns 9,010 shares of the real estate investment trust’s stock worth $81,000 after buying an additional 3,280 shares in the last quarter. Cerity Partners LLC bought a new stake in Sunstone Hotel Investors during the 2nd quarter worth about $88,000. Finally, Sequoia Financial Advisors LLC bought a new stake in Sunstone Hotel Investors during the 1st quarter worth about $91,000. Institutional investors and hedge funds own 99.37% of the company’s stock.

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.