Sunstone Hotel Investors (NYSE:SHO) Announces Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Sunstone Hotel Investors (NYSE:SHO) released its quarterly earnings results on Friday. The real estate investment trust reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02, Zacks reports. Sunstone Hotel Investors had a net margin of 18.61% and a return on equity of 9.04%. Sunstone Hotel Investors updated its FY 2025 guidance to 0.860-0.980 EPS.

Sunstone Hotel Investors Price Performance

NYSE SHO traded down $0.30 during trading hours on Friday, reaching $11.01. The company’s stock had a trading volume of 601,879 shares, compared to its average volume of 1,983,523. The stock has a market cap of $2.21 billion, a PE ratio of 14.44, a PEG ratio of 4.55 and a beta of 1.20. Sunstone Hotel Investors has a fifty-two week low of $9.39 and a fifty-two week high of $12.41. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.98 and a current ratio of 2.98. The company’s 50-day moving average is $11.67 and its two-hundred day moving average is $10.85.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Jefferies Financial Group upped their price target on shares of Sunstone Hotel Investors from $10.00 to $12.00 and gave the company a “hold” rating in a research report on Thursday, January 2nd. Wells Fargo & Company cut their price objective on shares of Sunstone Hotel Investors from $13.00 to $12.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, Morgan Stanley restated an “underweight” rating and set a $10.00 price objective on shares of Sunstone Hotel Investors in a research report on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.71.

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.