Sunstone Hotel Investors (SHO) Expected to Announce Earnings on Tuesday

Sunstone Hotel Investors (NYSE:SHO) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $243.34 million for the quarter. Sunstone Hotel Investors has set its FY 2025 guidance at 0.860-0.980 EPS.

Sunstone Hotel Investors (NYSE:SHO) last issued its earnings results on Friday, February 21st. The real estate investment trust reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. Sunstone Hotel Investors had a net margin of 18.61% and a return on equity of 9.04%. The company had revenue of $214.77 million for the quarter, compared to analyst estimates of $211.17 million. On average, analysts expect Sunstone Hotel Investors to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Sunstone Hotel Investors Trading Up 1.1 %

Shares of SHO opened at $8.33 on Tuesday. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.44. The firm’s 50-day moving average is $9.32 and its two-hundred day moving average is $10.55. Sunstone Hotel Investors has a twelve month low of $7.45 and a twelve month high of $12.41. The firm has a market capitalization of $1.68 billion, a P/E ratio of 10.96, a PEG ratio of 4.52 and a beta of 1.16.

Sunstone Hotel Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.36 annualized dividend and a yield of 4.32%. Sunstone Hotel Investors’s payout ratio is currently 257.14%.

Analyst Ratings Changes

Several research firms have recently commented on SHO. Morgan Stanley lowered their price target on shares of Sunstone Hotel Investors from $9.00 to $7.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 22nd. Wells Fargo & Company lowered their price target on shares of Sunstone Hotel Investors from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 18th. Jefferies Financial Group lowered their price target on shares of Sunstone Hotel Investors from $12.00 to $8.00 and set a “hold” rating on the stock in a research report on Wednesday, April 9th. Evercore ISI lowered their price target on shares of Sunstone Hotel Investors from $12.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday. Finally, Truist Financial lowered their price target on shares of Sunstone Hotel Investors from $12.00 to $11.00 and set a “hold” rating on the stock in a research report on Friday, March 21st. Two research analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Sunstone Hotel Investors currently has an average rating of “Hold” and an average price target of $10.50.

About Sunstone Hotel Investors

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.