Sunstone Hotel Investors (NYSE:SHO) Announces Earnings Results

Sunstone Hotel Investors (NYSE:SHO) issued its quarterly earnings results on Friday. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02, Zacks reports. The business had revenue of $214.77 million for the quarter, compared to analyst estimates of $211.17 million. Sunstone Hotel Investors had a net margin of 18.61% and a return on equity of 9.04%. Sunstone Hotel Investors updated its FY 2025 guidance to 0.860-0.980 EPS.

Sunstone Hotel Investors Stock Performance

Shares of NYSE SHO opened at $10.64 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.98 and a current ratio of 2.98. The company has a market capitalization of $2.14 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 4.52 and a beta of 1.20. Sunstone Hotel Investors has a 1 year low of $9.39 and a 1 year high of $12.41. The company’s fifty day moving average price is $11.63 and its 200 day moving average price is $10.87.

Analyst Ratings Changes

SHO has been the topic of several recent research reports. Wells Fargo & Company dropped their price objective on shares of Sunstone Hotel Investors from $13.00 to $12.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 18th. Jefferies Financial Group upped their price objective on shares of Sunstone Hotel Investors from $10.00 to $12.00 and gave the company a “hold” rating in a report on Thursday, January 2nd. Finally, Morgan Stanley reaffirmed an “underweight” rating and issued a $10.00 price objective on shares of Sunstone Hotel Investors in a report on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Sunstone Hotel Investors presently has a consensus rating of “Hold” and an average price target of $11.71.

Sunstone Hotel Investors Company Profile

Sunstone Hotel Investors, Inc is a lodging real estate investment trust ("REIT") that as of the date of this release owns 14 hotels comprised of 6,675 rooms, the majority of which are operated under nationally recognized brands. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate.