Sunstone Hotel Investors (NYSE:SHO – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.930-0.980 for the period, compared to the consensus earnings per share estimate of 0.910. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Several research firms have weighed in on SHO. JPMorgan Chase & Co. increased their price objective on Sunstone Hotel Investors from $9.00 to $10.00 and gave the stock an “underweight” rating in a report on Tuesday, July 21st. Wall Street Zen raised Sunstone Hotel Investors from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Citigroup upped their target price on Sunstone Hotel Investors from $9.50 to $10.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sunstone Hotel Investors in a research note on Friday, July 10th. Finally, Wells Fargo & Company upgraded shares of Sunstone Hotel Investors to a “strong-buy” rating in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $10.67.
Read Our Latest Stock Analysis on SHO
Sunstone Hotel Investors Stock Down 1.9%
Sunstone Hotel Investors (NYSE:SHO – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.25). Sunstone Hotel Investors had a return on equity of 2.27% and a net margin of 3.84%.The business had revenue of $277.11 million during the quarter, compared to the consensus estimate of $266.67 million. Sunstone Hotel Investors has set its FY 2026 guidance at 0.930-0.980 EPS. On average, equities analysts expect that Sunstone Hotel Investors will post 0.91 earnings per share for the current fiscal year.
Insider Activity
In other news, insider Robert C. Springer sold 89,631 shares of Sunstone Hotel Investors stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $11.62, for a total transaction of $1,041,512.22. Following the completion of the transaction, the insider directly owned 573,743 shares in the company, valued at approximately $6,666,893.66. This trade represents a 13.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.40% of the company’s stock.
Hedge Funds Weigh In On Sunstone Hotel Investors
Several institutional investors and hedge funds have recently modified their holdings of the stock. Balyasny Asset Management L.P. purchased a new position in Sunstone Hotel Investors in the 2nd quarter worth approximately $41,332,000. Woodline Partners LP bought a new stake in shares of Sunstone Hotel Investors in the 3rd quarter worth $44,295,000. Alyeska Investment Group L.P. increased its holdings in shares of Sunstone Hotel Investors by 86.8% in the 4th quarter. Alyeska Investment Group L.P. now owns 5,369,789 shares of the real estate investment trust’s stock worth $48,006,000 after purchasing an additional 2,495,914 shares in the last quarter. Goldman Sachs Group Inc. raised its stake 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 last quarter. Finally, Bank of America Corp DE raised 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 during the last quarter. 99.37% of the stock is currently owned by institutional investors.
About Sunstone Hotel Investors
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.
Further Reading
- Five stocks we like better than Sunstone Hotel Investors
- Amprius Technologies Validates Growth Trajectory With Q2 Earnings—What Comes Next?
- Boeing’s Comeback Is Building Momentum—Is It Real?
- Blueprint for a Banking Fortress: Circle Redraws the Map
- Bed Bath & Beyond Renovates: The Neighborhood Blueprint
Receive News & Ratings for Sunstone Hotel Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunstone Hotel Investors and related companies with MarketBeat.com's FREE daily email newsletter.
