Sunstone Hotel Investors (NYSE:SHO) Releases FY 2025 Earnings Guidance

Sunstone Hotel Investors (NYSE:SHO) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 0.800-0.870 for the period, compared to the consensus earnings per share estimate of 0.370. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities analysts recently issued reports on SHO shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Sunstone Hotel Investors in a research note on Wednesday, October 8th. Truist Financial lowered their price objective on Sunstone Hotel Investors from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, September 3rd. Wells Fargo & Company upgraded Sunstone Hotel Investors to a “hold” rating in a research note on Friday, October 3rd. Evercore ISI boosted their target price on Sunstone Hotel Investors from $10.00 to $11.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Finally, Wall Street Zen upgraded shares of Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Sunstone Hotel Investors presently has a consensus rating of “Hold” and an average target price of $8.93.

Sunstone Hotel Investors Stock Up 2.4%

Shares of SHO stock opened at $9.31 on Friday. The company has a current ratio of 2.73, a quick ratio of 2.73 and a debt-to-equity ratio of 0.51. Sunstone Hotel Investors has a 12 month low of $7.45 and a 12 month high of $12.41. The stock has a market cap of $1.77 billion, a P/E ratio of 465.48, a P/E/G ratio of 5.32 and a beta of 1.28. The company has a 50 day simple moving average of $9.34 and a two-hundred day simple moving average of $9.00.

Sunstone Hotel Investors (NYSE:SHO) last issued its quarterly earnings data on Friday, November 7th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.17. Sunstone Hotel Investors had a net margin of 2.15% and a return on equity of 1.12%. Sunstone Hotel Investors has set its FY 2025 guidance at 0.800-0.870 EPS. On average, research analysts expect that Sunstone Hotel Investors will post 0.79 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SHO. Balyasny Asset Management L.P. bought a new position in shares of Sunstone Hotel Investors during the 2nd quarter valued at approximately $41,332,000. Goldman Sachs Group Inc. boosted its position in shares of Sunstone Hotel Investors by 132.6% in the first quarter. Goldman Sachs Group Inc. now owns 2,787,519 shares of the real estate investment trust’s stock worth $26,231,000 after purchasing an additional 1,589,258 shares during the period. Bank of America Corp DE increased its stake in shares of Sunstone Hotel Investors by 13.6% in the second quarter. Bank of America Corp DE now owns 7,240,157 shares of the real estate investment trust’s stock worth $62,845,000 after purchasing an additional 867,137 shares in the last quarter. Lighthouse Investment Partners LLC raised its position in shares of Sunstone Hotel Investors by 247.3% during the 2nd quarter. Lighthouse Investment Partners LLC now owns 868,204 shares of the real estate investment trust’s stock valued at $7,536,000 after purchasing an additional 618,204 shares during the period. Finally, State Street Corp lifted its stake in shares of Sunstone Hotel Investors by 4.9% during the 2nd quarter. State Street Corp now owns 12,179,383 shares of the real estate investment trust’s stock valued at $106,784,000 after buying an additional 571,619 shares in the last quarter. Institutional investors own 99.37% of the company’s stock.

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.