Sunstone Hotel Investors (NYSE:SHO) Now Covered by LADENBURG THALM/SH SH

LADENBURG THALM/SH SH initiated coverage on shares of Sunstone Hotel Investors (NYSE:SHO) in a research note issued on Thursday,Benzinga reports. The firm set a “neutral” rating and a $10.00 price target on the real estate investment trust’s stock. LADENBURG THALM/SH SH’s target price would indicate a potential upside of 6.33% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Robert W. Baird reissued a “neutral” rating and issued a $10.00 price objective on shares of Sunstone Hotel Investors in a research note on Monday, January 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Sunstone Hotel Investors in a research note on Wednesday, January 21st. Truist Financial lifted their price target on Sunstone Hotel Investors from $10.00 to $11.00 and gave the company a “hold” rating in a report on Thursday. Zacks Research cut shares of Sunstone Hotel Investors from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 14th. Finally, Wells Fargo & Company lowered their price target on shares of Sunstone Hotel Investors from $11.00 to $10.00 and set an “overweight” rating for the company in a report on Tuesday. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $9.44.

Sunstone Hotel Investors Price Performance

Shares of NYSE:SHO traded up $0.15 during trading on Thursday, reaching $9.41. The stock had a trading volume of 117,718 shares, compared to its average volume of 1,985,095. Sunstone Hotel Investors has a 52 week low of $7.45 and a 52 week high of $10.27. The business’s 50-day moving average price is $9.18 and its 200 day moving average price is $9.23. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.94 and a quick ratio of 2.94. The stock has a market capitalization of $1.78 billion, a PE ratio of 235.18, a P/E/G ratio of 2.50 and a beta of 0.97.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings results on Friday, February 27th. The real estate investment trust reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. The business had revenue of $236.97 million for the quarter, compared to analyst estimates of $226.18 million. Sunstone Hotel Investors had a return on equity of 1.44% and a net margin of 2.56%.Sunstone Hotel Investors’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period 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 analysts predict that Sunstone Hotel Investors will post 0.79 earnings per share for the current year.

Institutional Trading of Sunstone Hotel Investors

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp lifted its position in Sunstone Hotel Investors by 4.9% during the 2nd quarter. State Street Corp now owns 12,179,383 shares of the real estate investment trust’s stock valued at $106,784,000 after purchasing an additional 571,619 shares during the period. Bank of America Corp DE grew its position in shares of Sunstone Hotel Investors by 7.1% during the 3rd quarter. Bank of America Corp DE now owns 7,753,798 shares of the real estate investment trust’s stock worth $72,653,000 after buying an additional 513,641 shares during the period. Alyeska Investment Group L.P. raised its stake in shares of Sunstone Hotel Investors by 86.8% during the fourth quarter. Alyeska Investment Group L.P. now owns 5,369,789 shares of the real estate investment trust’s stock worth $48,006,000 after buying an additional 2,495,914 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Sunstone Hotel Investors during the second quarter worth approximately $41,332,000. Finally, Woodline Partners LP acquired a new position in Sunstone Hotel Investors in the third quarter valued at approximately $44,295,000. 99.37% of the stock is owned by institutional investors.

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.