Sunstone Hotel Investors
About: Sunstone Hotel Investors Inc is a real estate investment trust that acquires, owns, manages, and renovates the full-service hotel and select-service hotel properties across various states in the United States. Its firm's portfolio consists upper upscale and luxury hotels located in convention, resort destination and urban markets. Its majority of the hotels operate under a brand owned by Marriott, Hilton, Hyatt, Four Seasons or Montage. It operates geographically in Califiornia which generates the majority of its revenue; Florida; and Hawaii. The company's sole source of income is hotel revenue from its hotel ownership segment.
Employees: 36
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
1,267% more call options, than puts
Call options by funds: $246K | Put options by funds: $18K
42% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 26
19% more capital invested
Capital invested by funds: $2.05B [Q3] → $2.44B (+$389M) [Q4]
4.82% more ownership
Funds ownership: 97.62% [Q3] → 102.44% (+4.82%) [Q4]
3% more funds holding
Funds holding: 231 [Q3] → 239 (+8) [Q4]
5% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 85
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7
16%
downside
Avg. target
$9.60
15%
upside
High target
$12
44%
upside
5 analyst ratings
0 positive
0%
4 neutral
80%
1 negative
20%
Evercore ISI Group Duane Pfenningwerth 0 / 0 met price target | 20%upside $10 | In-Line Maintained | 28 Apr 2025 |
Morgan Stanley Stephen Grambling 45% 1-year accuracy 15 / 33 met price target | 16%downside $7 | Underweight Maintained | 22 Apr 2025 |
Jefferies David Katz 25% 1-year accuracy 7 / 28 met price target | 4%downside $8 | Hold Maintained | 9 Apr 2025 |
Truist Securities Patrick Scholes 42% 1-year accuracy 31 / 74 met price target | 32%upside $11 | Hold Maintained | 21 Mar 2025 |
Wells Fargo Dori Kesten 19% 1-year accuracy 6 / 32 met price target | 44%upside $12 | Equal-Weight Maintained | 18 Feb 2025 |
Financial journalist opinion
Positive
Seeking Alpha
4 weeks ago
We Are Buying REIT Preferred Stocks Part 2: Summit Hotel Or Sunstone Hotel Preferreds?
Recent improvements in spreads make REIT preferred stocks attractive, focusing on those offering yields above 6.5%, particularly Summit Hotel Properties and Sunstone Hotel Investors. INN and SHO are both lodging REITs with similar structures and yields, but SHO has stronger financial metrics and a better credit score. SHO's preferreds offer similar returns to INN's but with significantly lower credit risk, making SHO a more favorable investment.
Neutral
PRNewsWire
1 month ago
SUNSTONE HOTEL INVESTORS SCHEDULES FIRST QUARTER 2025 EARNINGS RELEASE AND CONFERENCE CALL
ALISO VIEJO, Calif. , March 31, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the first quarter 2025 on Tuesday, May 6, 2025, before the market opens.
Positive
Seeking Alpha
1 month ago
Sunstone Hotel: Consider Its Preferreds If You're Banking On A Recovery
Sunstone Hotel Investors' common and preferred stocks have lost significant market value, presenting a potential buying opportunity despite macroeconomic headwinds. Sunstone's preferred shares, specifically H and I series, offer attractive yields of in and around 7.20% with arguably limited call and spread risk. The REIT's financials showed a decline in 2024 net income. However, new facility transformations and a deceleration in U.S. disinflation might result in stabilised fundamental performance.
Positive
Zacks Investment Research
1 month ago
DRH or SHO: Which Is the Better Value Stock Right Now?
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with DiamondRock Hospitality (DRH) and Sunstone Hotel Investors (SHO). But which of these two stocks is more attractive to value investors?
Positive
Seeking Alpha
1 month ago
Credit Scoring Of Sunstone Hotel Investors Confirms Our Purchase Of The Preferred Shares
Sunstone Hotel Investors received a Baa2 to Baa3 equivalent credit score, reflecting its financial strength despite operating in the riskier hotel industry. SHO's balance sheet metrics are comparable to high-rated REIT Agree Realty, but SHO offers a 1.3% higher yield on preferred shares. Moody's rates SHO lower due to the hotel industry's perceived higher risk and cyclical nature, despite stable revenue and operating expenses.
Neutral
Seeking Alpha
2 months ago
Sunstone Hotel Investors, Inc. (SHO) Q4 2024 Earnings Call Transcript
Sunstone Hotel Investors, Inc. (NYSE:SHO ) Q4 2024 Earnings Conference Call February 21, 2025 1:00 PM ET Company Participants Aaron Reyes - CFO Bryan Giglia - CEO Robert Springer - President and Chief Investment Officer Conference Call Participants Duane Pfennigwerth - Evercore ISI Smedes Rose - Citi Dori Kesten - Wells Fargo Michael Bellisario - Baird Chris Darling - Green Street Chris Woronka - Deutsche Bank Floris van Dijkum - Compass Point Patrick Scholes - Truist Securities Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Sunstone Hotel Investors Fourth Quarter Earnings Call.
Positive
Seeking Alpha
2 months ago
SHO: The Preferred Stocks' 7.3% Yield Outshines The FFO Yield
Sunstone Hotel Investors Inc. (SHO) is a relatively safe Hotel REIT due to its strong financials, including a 400% asset coverage ratio and no secured debt. SHO's preferred stocks offer a 7.3% yield, outperforming common stock's expected 8% FFO yield, making them a better risk-adjusted investment. SHO's preferred stocks have narrowed their spread to the 20-year Treasury, suggesting potential for higher credit ratings and narrower spreads in the future.
Positive
Zacks Investment Research
2 months ago
Sunstone Hotel (SHO) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Sunstone Hotel (SHO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
2 months ago
Sunstone Hotel Investors (SHO) Beats Q4 FFO and Revenue Estimates
Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to FFO of $0.19 per share a year ago.
Neutral
PRNewsWire
2 months ago
SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2024
ALISO VIEJO, Calif. , Feb. 21, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the fourth quarter and full year ended December 31, 2024.
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