Sunstone Hotel Investors (NYSE:SHO) Stock Rating Lowered by Zacks Research

Sunstone Hotel Investors (NYSE:SHO) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

SHO has been the subject of several other research reports. Truist Financial increased their target price on shares of Sunstone Hotel Investors from $10.00 to $11.00 and gave the stock a “hold” rating in a research note on Thursday, March 26th. JPMorgan Chase & Co. upped their price objective on shares of Sunstone Hotel Investors from $9.00 to $10.00 and gave the stock an “underweight” rating in a report on Tuesday. Wall Street Zen raised shares of Sunstone Hotel Investors from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sunstone Hotel Investors in a report on Friday, July 10th. Finally, Citigroup lifted their target price on shares of Sunstone Hotel Investors from $9.50 to $10.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $10.71.

Sunstone Hotel Investors Stock Performance

Shares of Sunstone Hotel Investors stock opened at $11.74 on Thursday. Sunstone Hotel Investors has a 52 week low of $8.48 and a 52 week high of $12.07. The business’s fifty day simple moving average is $11.35 and its 200-day simple moving average is $10.06. The firm has a market cap of $2.19 billion, a PE ratio of 106.78, a price-to-earnings-growth ratio of 2.57 and a beta of 0.97. The company has a quick ratio of 3.42, a current ratio of 3.42 and a debt-to-equity ratio of 0.58.

Sunstone Hotel Investors (NYSE:SHO) last issued its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The firm had revenue of $259.71 million during the quarter, compared to the consensus estimate of $244.29 million. Sunstone Hotel Investors had a return on equity of 2.27% and a net margin of 3.84%.The company’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period last year, the company earned $0.21 EPS. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. Equities analysts forecast that Sunstone Hotel Investors will post 0.89 earnings per share for the current year.

Insider Buying and Selling

In other Sunstone Hotel Investors news, insider Robert C. Springer sold 89,631 shares of the company’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $11.62, for a total transaction of $1,041,512.22. Following the sale, the insider owned 573,743 shares in the company, valued at $6,666,893.66. This represents a 13.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.40% of the stock is owned by insiders.

Hedge Funds Weigh In On Sunstone Hotel Investors

Institutional investors and hedge funds have recently made changes to their positions in the stock. Kestra Advisory Services LLC purchased a new stake in shares of Sunstone Hotel Investors during the fourth quarter worth approximately $26,000. North Star Investment Management Corp. purchased a new position in Sunstone Hotel Investors in the first quarter worth approximately $27,000. Mirae Asset Global Investments Co. Ltd. grew 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 worth $47,000 after acquiring an additional 1,135 shares in the last quarter. FIL Ltd grew 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 worth $81,000 after acquiring an additional 3,280 shares in the last quarter. Finally, Cerity Partners LLC purchased a new stake in shares of Sunstone Hotel Investors in the 2nd quarter valued at approximately $88,000. 99.37% of the stock is owned by institutional investors and hedge funds.

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.