Sunstone Hotel Investors Inc (NYSE:SHO) – B. Riley cut their Q1 2018 EPS estimates for Sunstone Hotel Investors in a research note issued to investors on Wednesday. B. Riley analyst B. Maher now forecasts that the real estate investment trust will post earnings per share of $0.19 for the quarter, down from their prior forecast of $0.25. B. Riley currently has a “Hold” rating and a $16.00 price objective on the stock. B. Riley also issued estimates for Sunstone Hotel Investors’ Q2 2018 earnings at $0.36 EPS, Q3 2018 earnings at $0.30 EPS, FY2018 earnings at $1.13 EPS, Q1 2019 earnings at $0.21 EPS, Q2 2019 earnings at $0.37 EPS, Q3 2019 earnings at $0.31 EPS, Q4 2019 earnings at $0.28 EPS, FY2019 earnings at $1.17 EPS and FY2020 earnings at $1.21 EPS.

SHO has been the topic of a number of other reports. Zacks Investment Research raised shares of Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Boenning Scattergood reissued a “hold” rating on shares of Sunstone Hotel Investors in a research report on Wednesday, November 1st. JPMorgan Chase & Co. increased their price objective on shares of Sunstone Hotel Investors from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Wednesday, November 1st. Raymond James Financial reissued a “market perform” rating on shares of Sunstone Hotel Investors in a research report on Monday, January 8th. Finally, Wells Fargo & Co reissued a “market perform” rating and issued a $17.50 price objective on shares of Sunstone Hotel Investors in a research report on Tuesday, December 19th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $15.94.

Shares of Sunstone Hotel Investors (NYSE:SHO) opened at $15.75 on Thursday. 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 current ratio of 4.76 and a quick ratio of 4.75. The company has a market cap of $3,553.32, a P/E ratio of 13.03, a price-to-earnings-growth ratio of 2.83 and a beta of 1.05.

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

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

In related news, CFO Bryan Albert Giglia sold 18,426 shares of the stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $16.73, for a total value of $308,266.98. Following the transaction, the chief financial officer now directly owns 229,833 shares of the company’s stock, valued at approximately $3,845,106.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.84% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of SHO. Nisa Investment Advisors LLC purchased a new position in shares of Sunstone Hotel Investors in the 4th quarter valued at $155,000. Lourd Capital LLC purchased a new position in shares of Sunstone Hotel Investors in the 4th quarter valued at $204,000. Koch Industries Inc. purchased a new position in shares of Sunstone Hotel Investors in the 4th quarter valued at $212,000. Zeke Capital Advisors LLC purchased a new position in shares of Sunstone Hotel Investors in the 4th quarter valued at $232,000. Finally, GSA Capital Partners LLP purchased a new position in shares of Sunstone Hotel Investors in the 2nd quarter valued at $243,000.

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About Sunstone Hotel Investors

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.

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

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