Equities research analysts expect Sunstone Hotel Investors Inc (NYSE:SHO) to announce earnings per share of $0.23 for the current quarter, Zacks Investment Research reports. Six analysts have issued estimates for Sunstone Hotel Investors’ earnings, with the lowest EPS estimate coming in at $0.19 and the highest estimate coming in at $0.25. Sunstone Hotel Investors posted earnings of $0.24 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 4.2%. The business is scheduled to report its next quarterly earnings results on Tuesday, May 1st.

On average, analysts expect that Sunstone Hotel Investors will report full-year earnings of $1.20 per share for the current financial year, with EPS estimates ranging from $1.11 to $1.24. For the next year, analysts anticipate that the company will report earnings of $1.22 per share, with EPS estimates ranging from $1.15 to $1.29. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Sunstone Hotel Investors.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings results on Monday, February 12th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.19). The firm had revenue of $290.19 million for the quarter, compared to the consensus estimate of $284.59 million. Sunstone Hotel Investors had a net margin of 12.53% and a return on equity of 5.52%. The company’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.29 earnings per share.

A number of equities research analysts have issued reports on SHO shares. Boenning Scattergood restated a “hold” rating on shares of Sunstone Hotel Investors in a research note on Wednesday. Raymond James Financial restated a “market perform” rating on shares of Sunstone Hotel Investors in a research note on Monday, January 8th. JPMorgan Chase & Co. boosted their price target on Sunstone Hotel Investors from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Wednesday, November 1st. Robert W. Baird set a $17.00 price target on Sunstone Hotel Investors and gave the company a “hold” rating in a research note on Monday, October 23rd. Finally, B. Riley restated a “neutral” rating on shares of Sunstone Hotel Investors in a research note on Wednesday, November 1st. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the stock. Sunstone Hotel Investors currently has a consensus rating of “Hold” and an average price target of $16.06.

In related news, CFO Bryan Albert Giglia sold 18,426 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $16.73, for a total transaction of $308,266.98. Following the completion of the transaction, the chief financial officer now directly owns 229,833 shares in the company, valued at approximately $3,845,106.09. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.84% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Nisa Investment Advisors LLC purchased a new position in Sunstone Hotel Investors in the 4th quarter worth approximately $155,000. Lourd Capital LLC purchased a new position in Sunstone Hotel Investors in the 4th quarter worth approximately $204,000. Koch Industries Inc. purchased a new position in Sunstone Hotel Investors in the 4th quarter worth approximately $212,000. GSA Capital Partners LLP purchased a new position in Sunstone Hotel Investors in the 2nd quarter worth approximately $243,000. Finally, Breton Hill Capital Ltd. lifted its holdings in Sunstone Hotel Investors by 27.5% in the 3rd quarter. Breton Hill Capital Ltd. now owns 16,700 shares of the real estate investment trust’s stock worth $268,000 after purchasing an additional 3,600 shares in the last quarter.

Shares of Sunstone Hotel Investors (NYSE SHO) opened at $15.77 on Wednesday. The stock has a market capitalization of $3,560.08, a PE ratio of 26.28, a price-to-earnings-growth ratio of 2.63 and a beta of 1.05. Sunstone Hotel Investors has a 52 week low of $14.15 and a 52 week high of $17.46. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.75 and a current ratio of 4.76.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Friday, March 30th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.27%. Sunstone Hotel Investors’s dividend payout ratio (DPR) is presently 386.67%.

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Sunstone Hotel Investors Company Profile

Sunstone Hotel Investors, Inc operates as a self-managed and self-administered real estate investment trust (REIT). The Company’s primary business is to acquire, own, asset manage and renovate primarily urban and resort upper upscale hotels in the United States. The Company operates through hotel ownership segment.

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Earnings History and Estimates for Sunstone Hotel Investors (NYSE:SHO)

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