Sunstone Hotel Investors (NYSE:SHO) Upgraded by Zacks Research to Strong-Buy Rating

Sunstone Hotel Investors (NYSE:SHO) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Several other research firms also recently commented on SHO. Truist Financial raised their price objective on Sunstone Hotel Investors from $10.00 to $11.00 and gave the stock a “hold” rating in a report on Thursday, March 26th. LADENBURG THALM/SH SH began coverage on Sunstone Hotel Investors in a report on Thursday, March 26th. They issued a “hold” rating and a $10.00 price objective on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Sunstone Hotel Investors in a report on Wednesday, January 21st. Wall Street Zen raised Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Wells Fargo & Company cut their target price on Sunstone Hotel Investors from $11.00 to $10.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 24th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $10.00.

Sunstone Hotel Investors Stock Down 1.2%

Shares of NYSE:SHO opened at $10.27 on Monday. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 93.40, a PEG ratio of 2.44 and a beta of 0.96. The stock has a fifty day simple moving average of $9.52 and a two-hundred day simple moving average of $9.31. Sunstone Hotel Investors has a 12-month low of $8.43 and a 12-month high of $10.57. The company has a current ratio of 3.42, a quick ratio of 3.42 and a debt-to-equity ratio of 0.58.

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC purchased a new stake in Sunstone Hotel Investors in the 4th quarter worth approximately $26,000. North Star Investment Management Corp. acquired a new stake in Sunstone Hotel Investors in the 1st quarter worth $27,000. Hantz Financial Services Inc. boosted its position in shares of Sunstone Hotel Investors by 62.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 4,884 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 1,876 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in 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 purchasing an additional 1,135 shares during the last quarter. Finally, FIL Ltd lifted its holdings in Sunstone Hotel Investors by 57.2% during the 4th quarter. FIL Ltd now owns 9,010 shares of the real estate investment trust’s stock valued at $81,000 after purchasing an additional 3,280 shares during the last quarter. Institutional investors and hedge funds own 99.37% of the company’s stock.

Sunstone Hotel Investors Company Profile

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.