Sunstone Hotel Investors (DB:UF2) - Stock Price, News & Analysis

UF2 Stock Overview

UF2 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	3/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (11.2x) is below the German market (17.2x)

Earnings grew by 164.1% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 58.5% per year for the next 3 years

Unstable dividend track record

Large one-off items impacting financial results

Sunstone Hotel Investors, Inc. Competitors

DiamondRock Hospitality

NYSE:DRH

US$1.9b

GSW Immobilien

DB:GIB

€5.0b

RLJ Lodging Trust

NYSE:RLJ

US$1.8b

Park Hotels & Resorts

NYSE:PK

US$3.5b

Price History & Performance

Summary of all time highs, changes and price drops for Sunstone Hotel Investors
Historical stock prices
Current Share Price	US$9.80
52 Week High	US$10.50
52 Week Low	US$7.90
Beta	1.22
1 Month Change	-1.51%
3 Month Change	0.51%
1 Year Change	15.29%
3 Year Change	-9.26%
5 Year Change	-23.58%
Change since IPO	-24.32%

Recent updates

Shareholder Returns

	UF2	DE Hotel and Resort REITs	DE Market
7D	3.7%	0%	0%
1Y	15.3%	0%	0%

Return vs Industry: UF2 exceeded the German Hotel and Resort REITs industry which returned -11.7% over the past year.

Return vs Market: UF2 exceeded the German Market which returned -0.3% over the past year.

Price Volatility

Is UF2's price volatile compared to industry and market?
UF2 volatility
UF2 Average Weekly Movement	3.2%
Hotel and Resort REITs Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in DE Market	0%
10% least volatile stocks in DE Market	0%

Stable Share Price: UF2 has not had significant price volatility in the past 3 months.

Volatility Over Time: UF2's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1995	40	Bryan Giglia	www.sunstonehotels.com

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.

Sunstone Hotel Investors, Inc. Fundamentals Summary

How do Sunstone Hotel Investors's earnings and revenue compare to its market cap?
UF2 fundamental statistics
Market cap	€2.00b
Earnings (TTM)	€179.11m
Revenue (TTM)	€921.10m

11.2x

P/E Ratio

2.2x

P/S Ratio

Is UF2 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UF2 income statement (TTM)
Revenue	US$985.98m
Cost of Revenue	US$537.15m
Gross Profit	US$448.84m
Other Expenses	US$257.11m
Earnings	US$191.73m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 06, 2024

Earnings per share (EPS)	0.94
Gross Margin	45.52%
Net Profit Margin	19.45%
Debt/Equity Ratio	37.6%

How did UF2 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

31%

Payout Ratio

UF2 Stock Overview

Rewards

Risk Analysis

Sunstone Hotel Investors, Inc. Competitors

NYSE:DRH

US$1.9b

DB:GIB

€5.0b

NYSE:RLJ

US$1.8b

NYSE:PK

US$3.5b

Price History & Performance

Recent News & Updates

Sunstone Hotel Investors, Inc. (NYSE:SHO) agreed to acquire Hyatt Regency San Antonio Riverwalk Hotel from Hyatt Hotels Corporation (NYSE:H) for $220 million.

Sunstone Hotel Investors, Inc. to Report Q1, 2024 Results on May 06, 2024

Sunstone Hotel Investors, Inc., Annual General Meeting, May 03, 2024

Upcoming dividend of US$0.07 per share

Fourth quarter dividend of US$0.07 announced

Full year 2023 earnings released: FFO per share: US$0.9 (vs US$0.82 in FY 2022)

Recent updates

Sunstone Hotel Investors, Inc. (NYSE:SHO) agreed to acquire Hyatt Regency San Antonio Riverwalk Hotel from Hyatt Hotels Corporation (NYSE:H) for $220 million.

Sunstone Hotel Investors, Inc. to Report Q1, 2024 Results on May 06, 2024

Sunstone Hotel Investors, Inc., Annual General Meeting, May 03, 2024

Upcoming dividend of US$0.07 per share

Fourth quarter dividend of US$0.07 announced

Full year 2023 earnings released: FFO per share: US$0.9 (vs US$0.82 in FY 2022)

Sunstone Hotel Investors, Inc. Provides Earnings Guidance for the Year Ended December 31, 2024

Upcoming dividend of US$0.13 per share at 2.6% yield

Sunstone Hotel Investors, Inc. Declares Fourth Quarter Dividend on Common Stock, Payable on January 16, 2024

Sunstone Hotel Investors Declares Additional Dividend, Payable on January 16, 2024

Sunstone Hotel Investors, Inc. Provides Earnings Guidance for the Fourth Quarter of 2023

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: FFO per share: US$0.2 (vs US$0.23 in 3Q 2022)

An unknown buyer acquired RP/HH Park Plaza, Limited Partnership from Sunstone Hotel Investors, Inc. (NYSE:SHO) for approximately $370 million.

An unknown buyer acquired RP/HH Park Plaza, Limited Partnership from Sunstone Hotel Investors, Inc. (NYSE:SHO) for approximately $370 million.

Sunstone Hotel Investors, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Upcoming dividend of US$0.07 per share at 3.1% yield

Sunstone Hotel Investors, Inc. Declares Cash Dividend, Payable on October 16, 2023

Second quarter 2023 earnings released: EPS: US$0.19 (vs US$0.15 in 2Q 2022)

Sunstone Hotel Investors, Inc. to Report Q2, 2023 Results on Aug 04, 2023

Upcoming dividend of US$0.05 per share at 2.0% yield

Sunstone Hotel Investors, Inc. Declares Cash Dividend, Payable on July 17, 2023

First quarter 2023 earnings released: EPS: US$0.042 (vs US$0.047 in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.34 (vs US$0.063 in FY 2021)

Sunstone Hotel Investors, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Upcoming dividend of US$0.05 per share

Third quarter 2022 earnings released: EPS: US$0.081 (vs US$0.14 loss in 3Q 2021)

Sunstone Hotel Investors, Inc. Declares Cash Dividend, Payable on January 17, 2023

Sunstone Hotel Investors, Inc. to Report Q3, 2022 Results on Nov 08, 2022

Upcoming dividend of US$0.05 per share

Sunstone Hotel Investors, Inc. Announces Douglas Pasquale as its Executive Chairman Through September 1, 2022

Second quarter 2022 earnings released: FFO per share: US$0.3 (vs US$0.018 loss in 2Q 2021)

Sunstone Hotel Investors, Inc. Declares Cash Dividend on Cash Dividend on Common Stock, Payable on October 17, 2022

Sunstone Hotel Investors, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Sunstone Hotel Investors, Inc. to Report Q2, 2021 Results on Aug 03, 2022

Investor sentiment deteriorated over the past week

Sunstone Hotel Investors, Inc. (NYSE:SHO) completed the acquisition of The Confidante Miami Beach from Hyatt Hotels Corporation (NYSE:H).

Sunstone Hotel Investors, Inc. (NYSE:SHO) entered into a definitive agreement to acquire remaining 25% stake in One Park Boulevard, LLC from Park Hotels & Resorts Inc. (NYSE:PK) for approximately $160 million.

First quarter 2022 earnings released: FFO: US$171.3m per share (vs US$0.13 loss in 1Q 2021)

Sunstone Hotel Investors, Inc. (NYSE:SHO) entered into a definitive agreement to acquire The Confidante Miami Beach from Hyatt Hotels Corporation (NYSE:H) for approximately $230 million.

Sunstone Hotel Investors, Inc. (NYSE:SHO) entered into a definitive agreement to acquire The Confidante Miami Beach from Hyatt Hotels Corporation (NYSE:H) for approximately $230 million.

Sunstone Hotel Investors, Inc. to Report Q1, 2022 Results on May 04, 2022

Sunstone Hotel Investors, Inc. Announces Executive Changes

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Sunstone Hotel Investors, Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2021

Key Executive recently bought €102k worth of stock

Third quarter 2021 earnings released: US$0.14 loss per share (vs US$0.43 loss in 3Q 2020)

President, CEO & Director John Arabia has left the company

Second quarter 2021 earnings released: US$0.018 FFO loss per share (vs US$0.30 loss in 2Q 2020)

Sunstone Hotel Investors, Inc. (NYSE:SHO) agreed to acquire Hotel in West Coast for approximately $200 million.

Executive VP recently sold €272k worth of stock

First quarter 2021 earnings released: US$0.13 FFO loss per share (vs US$0.075 loss in 1Q 2020)

Independent Director has left the company

Independent Director has left the company

Sunstone Hotel Investors, Inc. (NYSE:SHO) acquired Montage Healdsburg Hotel from Ohana Real Estate Investors LLC for approximately $270 million.

Sunstone Hotel Investors, Inc. Acquires the 130-Room Montage Healdsburg Resort

Independent Director recently sold €223k worth of stock

Sunstone Hotel Investors, Inc., Annual General Meeting, Apr 29, 2021

Sunstone Hotel Investors, Inc. Announces Board Changes