Sunstone Hotel Investors (NYSE:SHO) Stock Crosses Above 200-Day Moving Average – Here’s Why

Sunstone Hotel Investors, Inc. (NYSE:SHO) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.30 and traded as high as $10.45. Sunstone Hotel Investors shares last traded at $10.3910, with a volume of 2,073,728 shares traded.

Wall Street Analyst Weigh In

SHO has been the subject of a number of analyst reports. Wall Street Zen upgraded Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Sunstone Hotel Investors in a research report on Wednesday, January 21st. Truist Financial lifted their target price on Sunstone Hotel Investors from $10.00 to $11.00 and gave the stock a “hold” rating in a research report on Thursday, March 26th. Citigroup lifted their target price on Sunstone Hotel Investors from $9.50 to $10.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Zacks Research upgraded Sunstone Hotel Investors from a “strong sell” rating to a “hold” rating in a research report on Friday, April 17th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $10.00.

Sunstone Hotel Investors Price Performance

The company has a debt-to-equity ratio of 0.58, a current ratio of 3.42 and a quick ratio of 3.42. The firm has a fifty day moving average of $9.51 and a two-hundred day moving average of $9.30. The stock has a market capitalization of $1.94 billion, a P/E ratio of 94.47, a P/E/G ratio of 2.38 and a beta of 0.96.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. The firm had revenue of $259.71 million during the quarter, compared to the consensus estimate of $244.30 million. Sunstone Hotel Investors had a return on equity of 2.27% and a net margin of 3.84%.The firm’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.21 earnings per share. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. On average, analysts predict that Sunstone Hotel Investors, Inc. will post 0.91 EPS for the current year.

Sunstone Hotel Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Tuesday, June 30th. Sunstone Hotel Investors’s payout ratio is presently 327.27%.

Institutional Trading of Sunstone Hotel Investors

Institutional investors and hedge funds have recently made changes to their positions in the company. Amundi raised its holdings in Sunstone Hotel Investors by 29.8% in the first quarter. Amundi now owns 132,464 shares of the real estate investment trust’s stock worth $1,194,000 after purchasing an additional 30,384 shares in the last quarter. California State Teachers Retirement System raised its holdings in Sunstone Hotel Investors by 33.1% in the first quarter. California State Teachers Retirement System now owns 228,623 shares of the real estate investment trust’s stock worth $2,060,000 after purchasing an additional 56,837 shares in the last quarter. Royal Bank of Canada raised its holdings in Sunstone Hotel Investors by 1.2% in the first quarter. Royal Bank of Canada now owns 103,294 shares of the real estate investment trust’s stock worth $931,000 after purchasing an additional 1,204 shares in the last quarter. Quantinno Capital Management LP raised its holdings in Sunstone Hotel Investors by 109.5% in the first quarter. Quantinno Capital Management LP now owns 61,399 shares of the real estate investment trust’s stock worth $553,000 after purchasing an additional 32,087 shares in the last quarter. Finally, SummitTX Capital L.P. bought a new position in Sunstone Hotel Investors in the first quarter worth about $911,000. 99.37% of the stock is currently 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.