Sunstone Hotel Investors (NYSE:SHO) - Stock Price, News & Analysis

SHO Stock Overview

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

Rewards

Trading at 5.2% below our estimate of its fair value

Earnings grew by 130.7% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 58.6% 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$1.8b

RLJ Lodging Trust

NYSE:RLJ

US$1.6b

Park Hotels & Resorts

NYSE:PK

US$3.3b

Xenia Hotels & Resorts

NYSE:XHR

US$1.6b

Price History & Performance

Summary of all time highs, changes and price drops for Sunstone Hotel Investors
Historical stock prices
Current Share Price	US$10.36
52 Week High	US$11.59
52 Week Low	US$8.61
Beta	1.22
1 Month Change	-6.58%
3 Month Change	-3.63%
1 Year Change	0%
3 Year Change	-15.70%
5 Year Change	-28.55%
Change since IPO	-39.06%

Recent updates

Sunstone Hotel: The 7% Yielding Preferred Shares Are Still Interesting

Feb 24

Sunstone Hotel Investors: Should You Buy The 2.76% Commons Dividend Yield?

Dec 09

Sunstone Hotel Investors: I'm Still A Buyer Of The 7.5% Yielding Preferred Shares

Aug 08

Sunstone Hotel GAAP FFO of $0.30 beats by $0.07, revenue of $251.28M beats by $27.15M

Aug 03

Sunstone Hotel Investors completes $850M amended and restated credit agreement

Jul 27

Sunstone Hotel Investors to replace Vonage in S&P SmallCap 600

Jul 19

Sunstone Hotel Investors: An Important Revision

Mar 06

Sunstone Hotel Investors Will Weather The Storm Thanks To Its Robust Balance Sheet

Dec 01

Analysts Are More Bearish On Sunstone Hotel Investors, Inc. (NYSE:SHO) Than They Used To Be

Feb 17

Shareholder Returns

	SHO	US Hotel and Resort REITs	US Market
7D	3.1%	0.2%	2.7%
1Y	0%	5.1%	26.0%

Return vs Industry: SHO underperformed the US Hotel and Resort REITs industry which returned 3.2% over the past year.

Return vs Market: SHO underperformed the US Market which returned 25% over the past year.

Price Volatility

Is SHO's price volatile compared to industry and market?
SHO volatility
SHO Average Weekly Movement	2.8%
Hotel and Resort REITs Industry Average Movement	3.8%
Market Average Movement	6.1%
10% most volatile stocks in US Market	16.5%
10% least volatile stocks in US Market	3.0%

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

Volatility Over Time: SHO'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?
SHO fundamental statistics
Market cap	US$2.10b
Earnings (TTM)	US$183.79m
Revenue (TTM)	US$959.70m

11.5x

P/E Ratio

2.2x

P/S Ratio

Is SHO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHO income statement (TTM)
Revenue	US$959.70m
Cost of Revenue	US$527.69m
Gross Profit	US$432.01m
Other Expenses	US$248.22m
Earnings	US$183.79m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.90
Gross Margin	45.01%
Net Profit Margin	19.15%
Debt/Equity Ratio	37.7%

How did SHO perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

41%

Payout Ratio

Does SHO pay a reliable dividends?

See SHO dividend history and benchmarks

When do you need to buy SHO by to receive an upcoming dividend?
Sunstone Hotel Investors dividend dates
Ex Dividend Date	Jun 28 2024
Dividend Pay Date	Jul 15 2024
Days until Ex dividend	48 days
Days until Dividend pay date	65 days

Does SHO pay a reliable dividends?

See SHO dividend history and benchmarks

SHO Stock Overview

Rewards

Risk Analysis

Sunstone Hotel Investors, Inc. Competitors

NYSE:DRH

US$1.8b

NYSE:RLJ

US$1.6b

NYSE:PK

US$3.3b

NYSE:XHR

US$1.6b

Price History & Performance

Recent News & Updates

First quarter dividend of US$0.09 announced

Sunstone Hotel Investors, Inc. Revises Earnings Guidance for the Year 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

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

Recent updates

First quarter dividend of US$0.09 announced

Sunstone Hotel Investors, Inc. Revises Earnings Guidance for the Year 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

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

Consensus EPS estimates increase by 13%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Sunstone Hotel: The 7% Yielding Preferred Shares Are Still Interesting

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: Should You Buy The 2.76% Commons Dividend 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

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

New major risk - Revenue and earnings growth

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

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: I'm Still A Buyer Of The 7.5% Yielding Preferred Shares

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

Second quarter 2023 earnings: EPS exceeds analyst expectations

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

Consensus EPS estimates increase by 23%

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 Q4 2022 Earnings Preview

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: EPS and revenues exceed analyst expectations

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

Sunstone Hotel Q3 2022 Earnings Preview

Sunstone Hotel resumes dividend, goes ex-dividend tomorrow

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

Upcoming dividend of US$0.05 per share

Sunstone Hotel occupancy, ADR, RevPAR slide in August vs. July

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

Sunstone Hotel gains after Blackstone takes stake in 13-F filing

Consensus EPS estimates increase by 21%

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

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

Sunstone Hotel GAAP FFO of $0.30 beats by $0.07, revenue of $251.28M beats by $27.15M

Sunstone Hotel Investors completes $850M amended and restated credit agreement

Sunstone Hotel Investors to replace Vonage in S&P SmallCap 600

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.

Consensus EPS estimates increase by 72%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

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.