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

Sunstone Hotel Investors (NYSE:SHO) issued its earnings results on Friday. The real estate investment trust reported $0.16 EPS for the quarter, topping analysts’ consensus estimates 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 Stock Down 2.6 %

NYSE SHO traded down $0.30 on Friday, hitting $11.01. 601,879 shares of the stock were exchanged, compared to its average volume of 1,983,523. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.44. 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 market cap of $2.21 billion, a PE ratio of 14.44, a PEG ratio of 4.55 and a beta of 1.20. The company has a 50-day moving average price of $11.67 and a 200-day moving average price of $10.85.

Wall Street Analysts Forecast Growth

SHO has been the topic of a number of analyst reports. Morgan Stanley reaffirmed an “underweight” rating and set a $10.00 target price on shares of Sunstone Hotel Investors in a research note on Tuesday, January 14th. Jefferies Financial Group boosted 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 note on Thursday, January 2nd. Finally, Wells Fargo & Company reduced their price target on shares of Sunstone Hotel Investors from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.71.

About Sunstone Hotel Investors

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.