Sunstone Hotel Investors, Inc. (NYSE:SHO) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) have been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat reports. Five analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $10.8333.

A number of brokerages recently commented on SHO. Citigroup increased their price target on shares of Sunstone Hotel Investors from $9.50 to $10.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Sunstone Hotel Investors in a research note on Friday, July 10th. Zacks Research upgraded Sunstone Hotel Investors from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. LADENBURG THALM/SH SH began coverage on shares of Sunstone Hotel Investors in a research report on Thursday, March 26th. They issued a “hold” rating and a $10.00 price target for the company. Finally, Wall Street Zen raised shares of Sunstone Hotel Investors from a “hold” rating to a “buy” rating in a report on Saturday.

Insider Buying and Selling at Sunstone Hotel Investors

In related news, insider Robert C. Springer sold 89,631 shares of the firm’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $11.62, for a total transaction of $1,041,512.22. Following the completion of the transaction, the insider owned 573,743 shares of the company’s stock, valued at $6,666,893.66. This trade represents a 13.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Sunstone Hotel Investors

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Sunstone Hotel Investors by 27.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,274 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 1,135 shares during the last quarter. California State Teachers Retirement System raised its position in Sunstone Hotel Investors by 0.7% in the 2nd quarter. California State Teachers Retirement System now owns 178,604 shares of the real estate investment trust’s stock valued at $1,550,000 after purchasing an additional 1,170 shares in the last quarter. Royal Bank of Canada raised its position in Sunstone Hotel Investors by 1.2% in the 1st quarter. Royal Bank of Canada now owns 103,294 shares of the real estate investment trust’s stock valued at $931,000 after purchasing an additional 1,204 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Sunstone Hotel Investors by 1.6% in the 1st quarter. AQR Capital Management LLC now owns 83,864 shares of the real estate investment trust’s stock valued at $789,000 after buying an additional 1,307 shares during the period. Finally, Heritage Family Offices LLP boosted its stake in shares of Sunstone Hotel Investors by 9.9% in the 4th quarter. Heritage Family Offices LLP now owns 21,473 shares of the real estate investment trust’s stock valued at $192,000 after buying an additional 1,938 shares during the period. 99.37% of the stock is owned by institutional investors and hedge funds.

Sunstone Hotel Investors Trading Up 0.5%

Shares of SHO opened at $11.79 on Tuesday. The company’s fifty day moving average is $11.23 and its 200 day moving average is $9.99. Sunstone Hotel Investors has a fifty-two week low of $8.48 and a fifty-two week high of $12.07. The stock has a market capitalization of $2.20 billion, a PE ratio of 107.15, a P/E/G ratio of 2.62 and a beta of 0.97. The company has a debt-to-equity ratio of 0.58, a quick ratio of 3.42 and a current ratio of 3.42.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.27 EPS for the quarter, beating the consensus estimate of $0.22 by $0.05. Sunstone Hotel Investors had a net margin of 3.84% and a return on equity of 2.27%. The business had revenue of $259.71 million during the quarter, compared to analyst estimates of $244.29 million. During the same quarter last year, the business earned $0.21 earnings per share. Sunstone Hotel Investors’s quarterly revenue was up 10.9% compared to the same quarter last year. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. Sell-side analysts expect that Sunstone Hotel Investors will post 0.91 earnings per share for the current fiscal year.

Sunstone Hotel Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 30th. Sunstone Hotel Investors’s dividend payout ratio is 327.27%.

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.