Headlines about Sunstone Hotel Investors (NYSE:SHO) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sunstone Hotel Investors earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 45.8599605231044 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of research analysts have recently commented on the stock. Zacks Investment Research raised shares of Sunstone Hotel Investors from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research report on Wednesday, July 11th. Barclays upped their price target on shares of Sunstone Hotel Investors from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Friday, June 1st. Jefferies Financial Group began coverage on shares of Sunstone Hotel Investors in a report on Thursday, May 31st. They issued a “hold” rating and a $17.00 price target on the stock. Wells Fargo & Co reaffirmed a “hold” rating on shares of Sunstone Hotel Investors in a report on Friday, June 1st. Finally, ValuEngine cut shares of Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a report on Saturday, June 2nd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $16.94.
Shares of SHO opened at $16.66 on Friday. Sunstone Hotel Investors has a 52-week low of $14.09 and a 52-week high of $17.60. The company has a debt-to-equity ratio of 0.40, a current ratio of 5.62 and a quick ratio of 5.61. The stock has a market capitalization of $3.77 billion, a P/E ratio of 14.23, a P/E/G ratio of 3.17 and a beta of 1.03.
Sunstone Hotel Investors (NYSE:SHO) last issued its quarterly earnings results on Monday, July 30th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.16). Sunstone Hotel Investors had a net margin of 10.08% and a return on equity of 4.26%. The business had revenue of $317.40 million during the quarter, compared to analyst estimates of $317.54 million. During the same period in the previous year, the company posted $0.38 earnings per share. Sunstone Hotel Investors’s revenue was down .4% compared to the same quarter last year. equities research analysts expect that Sunstone Hotel Investors will post 1.13 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, October 15th. Stockholders of record on Friday, September 28th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, September 27th. Sunstone Hotel Investors’s dividend payout ratio (DPR) is 16.39%.
Sunstone Hotel Investors Company Profile
Sunstone Hotel Investors, Inc is a lodging real estate investment trust ("REIT") that as of July 30, 2018 has interests in 24 hotels comprised of 12,046 rooms. Sunstone's primary business is to acquire, own, asset manage and renovate hotels considered to be Long-Term Relevant Real Estate, the majority of which are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt.
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