Sunstone Hotel Investors (SHO) to Release Quarterly Earnings on Friday

Sunstone Hotel Investors (NYSE:SHO) is anticipated to release its earnings data before the market opens on Friday, February 21st. Analysts expect Sunstone Hotel Investors to post earnings of $0.14 per share and revenue of $211.17 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Sunstone Hotel Investors Trading Down 0.6 %

Shares of SHO stock opened at $11.38 on Thursday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.98 and a quick ratio of 2.98. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 14.97, a PEG ratio of 3.77 and a beta of 1.20. The stock has a 50 day simple moving average of $11.68 and a 200-day simple moving average of $10.85. Sunstone Hotel Investors has a 1-year low of $9.39 and a 1-year high of $12.41.

Analysts Set New Price Targets

A number of research firms have weighed in on SHO. Jefferies Financial Group upped their price objective on shares of Sunstone Hotel Investors from $10.00 to $12.00 and gave the stock a “hold” rating in a research report on Thursday, January 2nd. 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 for the company in a research report on Tuesday. Finally, Morgan Stanley reissued an “underweight” rating and set a $10.00 target price on shares of Sunstone Hotel Investors in a report on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Sunstone Hotel Investors presently has a consensus rating of “Hold” and an average 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.