Sunstone Hotel Investors (NYSE:SHO) Stock Breaks Above Two Hundred Day Moving Average – Should You Sell?

Sunstone Hotel Investors, Inc. (NYSE:SHO) shares crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $10.87 and traded as high as $11.66. Sunstone Hotel Investors shares last traded at $11.6540, with a volume of 1,563,703 shares traded.

Analyst Ratings Changes

SHO has been the topic of a number of analyst reports. JPMorgan Chase & Co. upped their price target on Sunstone Hotel Investors from $9.00 to $10.00 and gave the company an “underweight” rating in a research report on Tuesday, July 21st. Wells Fargo & Company upgraded Sunstone Hotel Investors to a “strong-buy” rating in a report on Thursday, July 23rd. Weiss Ratings raised shares of Sunstone Hotel Investors from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Zacks Research lowered shares of Sunstone Hotel Investors from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. Finally, Truist Financial raised their price target on shares of Sunstone Hotel Investors from $11.00 to $13.00 and gave the stock a “hold” rating in a report on Thursday, September 10th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $11.00.

Sunstone Hotel Investors Stock Up 3.1%

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 cap of $2.21 billion, a P/E ratio of 53.92, a PEG ratio of 2.76 and a beta of 1.00. The stock’s 50-day simple moving average is $11.14 and its 200 day simple moving average is $10.89.

Sunstone Hotel Investors (NYSE:SHO) last issued its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.06. The firm had revenue of $277.11 million during the quarter, compared to the consensus estimate of $266.67 million. Sunstone Hotel Investors had a return on equity of 3.21% and a net margin of 5.30%. Sunstone Hotel Investors has set its FY 2026 guidance at 0.930-0.980 EPS. As a group, research analysts forecast that Sunstone Hotel Investors, Inc. will post 0.97 EPS for the current fiscal year.

Sunstone Hotel Investors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Wednesday, September 30th. Sunstone Hotel Investors’s payout ratio is presently 163.64%.

Hedge Funds Weigh In On Sunstone Hotel Investors

Several institutional investors have recently added to or reduced their stakes in the business. Fortitude Family Office LLC bought a new stake in Sunstone Hotel Investors in the third quarter valued at $47,000. Sax Wealth Advisors LLC acquired a new position in shares of Sunstone Hotel Investors during the third quarter valued at about $127,000. Farther Finance Advisors LLC boosted its position in shares of Sunstone Hotel Investors by 4,189.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,938 shares of the real estate investment trust’s stock worth $123,000 after purchasing an additional 10,683 shares in the last quarter. Engineers Gate Manager LP bought a new position in shares of Sunstone Hotel Investors during the 2nd quarter worth about $2,809,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Sunstone Hotel Investors during the 2nd quarter worth about $136,000. 99.37% of the stock is owned by institutional investors and hedge funds.

Sunstone Hotel Investors Company Profile

Sunstone Hotel Investors, Inc is a real estate investment trust (REIT) that owns, acquires, renovates and manages hotels in the United States. The company focuses primarily on upscale and upper-upscale lodging properties located in major urban, coastal and resort destinations.

Its portfolio includes independent and branded hotels serving business and leisure travelers. Properties may operate under well-known hospitality brands or as independent hotels, and typically offer guest rooms, meeting and event facilities, restaurants, bars, spas and other hospitality services.