Sunstone Hotel Investors (NYSE:SHO) Given New $10.00 Price Target at Wells Fargo & Company

Sunstone Hotel Investors (NYSE:SHO) had its target price decreased by Wells Fargo & Company from $11.00 to $10.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 9.35% from the stock’s current price.

SHO has been the topic of a number of other research reports. Wall Street Zen upgraded shares of Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Zacks Research lowered shares of Sunstone Hotel Investors from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Sunstone Hotel Investors in a research note on Wednesday, January 21st. Finally, Robert W. Baird reiterated a “neutral” rating and set a $10.00 price target on shares of Sunstone Hotel Investors in a report on Monday, January 12th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Sunstone Hotel Investors has an average rating of “Hold” and an average target price of $9.25.

Sunstone Hotel Investors Trading Up 0.4%

Shares of Sunstone Hotel Investors stock traded up $0.04 on Tuesday, reaching $9.15. The company had a trading volume of 105,222 shares, compared to its average volume of 2,014,384. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 228.68, a P/E/G ratio of 2.44 and a beta of 0.97. 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 firm’s 50-day moving average price is $9.18 and its two-hundred day moving average price is $9.24. Sunstone Hotel Investors has a 1 year low of $7.45 and a 1 year high of $10.27.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings results on Friday, February 27th. The real estate investment trust reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. The company 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 quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.16 EPS. Sunstone Hotel Investors has set its FY 2026 guidance at 0.810-0.940 EPS. As a group, research analysts predict that Sunstone Hotel Investors will post 0.79 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SHO. Squarepoint Ops LLC purchased a new position in shares of Sunstone Hotel Investors during the second quarter worth approximately $1,997,000. Tributary Capital Management LLC boosted its holdings in shares of Sunstone Hotel Investors by 92.4% in the third quarter. Tributary Capital Management LLC now owns 2,691,706 shares of the real estate investment trust’s stock valued at $25,221,000 after purchasing an additional 1,292,691 shares during the period. Westwood Holdings Group Inc. boosted its holdings in shares of Sunstone Hotel Investors by 10.7% in the second quarter. Westwood Holdings Group Inc. now owns 3,961,174 shares of the real estate investment trust’s stock valued at $34,383,000 after purchasing an additional 384,277 shares during the period. Norges Bank bought a new position in Sunstone Hotel Investors in the second quarter worth approximately $2,143,000. Finally, Davis Selected Advisers grew its stake in Sunstone Hotel Investors by 13.5% in the third quarter. Davis Selected Advisers now owns 1,311,800 shares of the real estate investment trust’s stock worth $12,292,000 after purchasing an additional 156,320 shares in the last quarter. Hedge funds and other institutional investors 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.