Sunstone Hotel Invts (NYSE:SHO) Stock

Sunstone Hotel Invts

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. Sunstone's sole source of income is hotel revenue from its hotel ownership segment.

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Guidance

Sunstone Hotel Investors Expects FY25 Adjusted FFO Per Share Of $0.86 - $0.98, Est $0.97

Sunstone Hotel Invts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.14 by 14.29 percent. This is a 15.79 percent decrease over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $214.77 million which beat the analyst consensus estimate of $211.17 million by 1.70 percent. This is a 2.03 percent decrease over sales of $219.22 million the same period last year.

Earnings Beats

Sunstone Hotel Invts Q4 2024 Adjusted FFO Per Share $0.16 Beats $0.14 Estimate, Sales $214.77M Beat $211.17M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Brady (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRC#NYSE">BRC</a>) is estimated to report quarterly earnings at $1.03 per share on revenue of $359.20 million. 
• SES AI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SES#NYSE">SES</a>) is projected to report quarterly earnings at $0.20 per share on revenue of $361.90 million. 
• Atmus Filtration Techs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATMU#NYSE">ATMU</a>) is likely to report quarterly earnings at $0.53 per share on revenue of $399.24 million. 
• AdvanSix (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASIX#NYSE">ASIX</a>) is expected to report quarterly loss at $0.37 per share on revenue of $377.15 million. 
• Vipshop Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIPS#NYSE">VIPS</a>) is likely to report quarterly earnings at $0.72 per share on revenue of $4.42 billion. 
• Arbor Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABR#NYSE">ABR</a>) is projected to report quarterly earnings at $0.39 per share on revenue of $86.28 million. 
• Oil States International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OIS#NYSE">OIS</a>) is expected to report quarterly earnings at $0.05 per share on revenue of $173.33 million. 
• United States Cellular (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USM#NYSE">USM</a>) is estimated to report quarterly earnings at $1.70 per share on revenue of $964.70 million. 
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• Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) is projected to report quarterly earnings at $1.11 per share on revenue of $239.96 million. 
• Federal Agricultural (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGM#NYSE">AGM</a>) is expected to report quarterly earnings at $4.17 per share on revenue of $92.81 million. 
• Uniti Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UNIT#NASDAQ">UNIT</a>) is projected to report quarterly earnings at $0.33 per share on revenue of $295.37 million. 
• Sunstone Hotel Invts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) is estimated to report quarterly earnings at $0.14 per share on revenue of $215.79 million. 
• TXNM Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXNM#NYSE">TXNM</a>) is likely to report quarterly earnings at $0.30 per share on revenue of $496.05 million. 
<h3>Companies Reporting After The Bell</h3>
• Hawaiian Electric Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HE#NYSE">HE</a>) is expected to report quarterly earnings at $0.34 per share on revenue of $1.16 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For February 21, 2025

Analysts' ratings for Sunstone Hotel Invts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Sunstone Hotel Invts, revealing an average target of $11.75, a high estimate of $13.00, and a low estimate of $10.00. Surpassing the previous average price target of $11.00, the current average has increased by 6.82%.
<img src="https://www.benzinga.com/files/images/story/2025/1739916237_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The standing of Sunstone Hotel Invts among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$12.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Stephen Grambling</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Underweight</td>
<td>$10.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>David Katz</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$12.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$13.00</td>
<td>$11.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sunstone Hotel Invts. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sunstone Hotel Invts compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Sunstone Hotel Invts's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Sunstone Hotel Invts's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SHO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Sunstone Hotel Invts analyst ratings.</a>
<h2>Get to Know Sunstone Hotel Invts Better</h2>
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. Sunstone's sole source of income is hotel revenue from its hotel ownership segment.
<h3>Sunstone Hotel Invts: Financial Performance Dissected</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Decline in Revenue: Over the 3 months period, Sunstone Hotel Invts faced challenges, resulting in a decline of approximately -8.6% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Sunstone Hotel Invts's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -0.33%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Sunstone Hotel Invts's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.04% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.02%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Sunstone Hotel Invts's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.45.
<h2>Analyst Ratings: What Are They?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Forecasting The Future: 4 Analyst Projections For Sunstone Hotel Invts

Wells Fargo analyst Dori Kesten maintains Sunstone Hotel Invts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) with a Equal-Weight and lowers the price target from $13 to $12.

Price Target

Wells Fargo Maintains Equal-Weight on Sunstone Hotel Invts, Lowers Price Target to $12

Morgan Stanley analyst Stephen Grambling downgrades Sunstone Hotel Invts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) from Equal-Weight to Underweight and maintains the price target from $10 to $10.

Downgrades

Morgan Stanley Downgrades Sunstone Hotel Invts to Underweight, Maintains Price Target to $10

Jefferies analyst David Katz maintains Sunstone Hotel Invts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) with a Hold and raises the price target from $10 to $12.

Jefferies Maintains Hold on Sunstone Hotel Invts, Raises Price Target to $12

As of Dec. 16, 2024, three stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
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<h3 class="wp-block-heading">CBL &amp; Associates Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>)</h3>
<ul>
<li>On Nov. 11, CBL &amp; Associates posted an increase in quarterly EPS. &#8220;The overall environment for the shopping center industry remains positive,&#8221; said CBL&#8217;s chief executive officer, Stephen D. Lebovitz. The company's shares gained around 14% over the past month and has a <a href="https://www.benzinga.com/quote/CBL">52-week high of $32.20</a>.</li>
<li>RSI Value: 70.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>CBL Price Action: Shares of CBL gained 0.3% to close at $31.44 on Friday.</li>
</ul>
<h3 class="wp-block-heading">Macerich Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAC#NYSE">MAC</a>)</h3>
<ul>
<li>On Dec. 11, Piper Sandler analyst Alexander Goldfarb maintained Macerich with an Underweight and raised the price target from $14 to $17. The company's stock gained around 11% over the past month and <a href="https://www.benzinga.com/quote/MAC">has a 52-week high</a> of $22.27.</li>
<li>RSI Value: 70.59</li>
<li>MAC Price Action: Shares of Macerich closed at $21.50 on Friday.</li>
</ul>
<h3 class="wp-block-heading">Sunstone Hotel Investors Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>)</h3>
<ul>
<li>On Dec. 9, Wells Fargo analyst Dori Kesten maintained Sunstone Hotel Investors with an Equal-Weight and raised the price target from $11 to $13. The company's stock gained around 21% over the past month and has a <a href="https://www.benzinga.com/quote/SHO">52-week high</a> of $12.35.</li>
<li>RSI Value: 77.04</li>
<li>SHO Price Action: Shares of Sunstone Hotel Investors closed at $12.21 on Friday.</li>
</ul>
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Wells Fargo analyst Dori Kesten maintains Sunstone Hotel Invts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) with a Equal-Weight and raises the price target from $11 to $13.

Wells Fargo Maintains Equal-Weight on Sunstone Hotel Invts, Raises Price Target to $13

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<li>BingEx Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLX#NASDAQ">FLX</a>) rose 9.3% to $8.48.</li>
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<li>Zeta Global Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) surged 6.6% to $25.60.</li>
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Sunstone Hotel Invts Q3 Sales $226.392M vs $230.154M Estimate

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Earnings Scheduled For November 12, 2024

Welltower, Inc. WELL&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/well#NYSE">WELL</a>) is slated to report <a href="https://www.zacks.com/stock/research/WELL/earnings-calendar?icid=quote-stock_overview-quote_nav_tracking-zcom-left_subnav_quote_navbar-earnings_dates_announcements">third-quarter 2024 results</a> on Oct. 28, after market close. The quarterly results are likely to reflect year-over-year growth in revenues and funds from operations (FFO) per share.
In the last reported quarter, this Toledo, OH-based healthcare real estate investment trust (REIT) witnessed a normalized FFO per share of $1.05, beating the Zacks Consensus Estimate by 5%. Results reflected a rise in revenues on a year-over-year basis. The total portfolio same-store net operating income (SSNOI) increased year over year, driven by SSNOI growth in the senior housing operating (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sho#NYSE">SHO</a>) portfolio.
Over the preceding four quarters, Welltower&#39;s FFO per share beat the Zacks Consensus Estimate on each occasion, the average beat being 4.49%. The graph below depicts this surprise history:
<div class="chart_embed">
<h3>Welltower Inc. Price and EPS Surprise</h3>
<a href="https://www.zacks.com/stock/chart/WELL/price-eps-surprise?icid=chart-WELL-price-eps-surprise"><img alt="Welltower Inc. Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/26/1729610764.png" style="height:301px; width:624px" title="" /> </a>
<a href="https://www.zacks.com/stock/chart/WELL/price-eps-surprise?icid=chart-WELL-price-eps-surprise">Welltower Inc. price-eps-surprise</a> | <a href="https://www.zacks.com/stock/quote/WELL?icid=chart-WELL-price-eps-surprise">Welltower Inc. Quote</a>
</div>
<h3>Factors At Play</h3>
Welltower owns a diversified portfolio in the healthcare real estate industry in the major, high-growth markets of the United States, Canada, and the U.K.
During the third quarter, the company&#39;s SHO portfolio is likely to have continued to benefit from an aging U.S. population and a rise in healthcare expenditure by this age cohort, which is usually on the higher end compared with the general population. In addition, muted new supply is expected to have provided a favorable operating environment for the SHO portfolio.
Further, Welltower&#39;s long-term leases with its healthcare management companies or operators are anticipated to have led to stable revenue generation, boosting its top line.
The Zacks Consensus Estimate for third-quarter resident fees and services is pegged at $1.44 billion, indicating an increase from the year-ago quarter&#39;s $1.2 billion. The consensus mark for quarterly rental income stands at $411.4 million, implying a rise from $384.5 million in the year-ago period.
The Zacks Consensus Estimate for quarterly total revenues is pegged at $1.95 billion, suggesting a rise of 17.3% from the prior-year period&#39;s reported number.
We expect WELL to have continued with its investment and development activities during the quarter, supported by its solid balance sheet position and capital-recycling efforts.
However, high interest expenses are likely to have been a spoilsport for Healthpeak during the to-be-reported quarter.
WELL&#39;s activities during the quarter were inadequate to garner analysts&#39; confidence. The Zacks Consensus Estimate for third-quarter FFO per share has remained unrevised at $1.04 over the past month. However, the figure suggests an increase of 13% from the year-ago reported number.
<h2>What Our Quantitative Model Predicts</h2>
Our proven model does not conclusively predict a likely beat in terms of FFO per share for Welltower this season. The combination of a positive <a href="https://www.zacks.com/earnings/earnings-surprise-predictions/">Earnings ESP</a> and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an FFO beat, which is not the case here.
Welltower currently has an Earnings ESP of 0.00% and carries a Zacks Rank of 2. You can uncover the best stocks to buy or sell before they&#39;re reported with our <a href="https://www.zacks.com/premium/esp-buy?adid=zp_article_espfilter&amp;icid=zpi_article_espfilter">Earnings ESP Filter</a>.
<h3>Other Stocks That Warrant A&nbsp;Look</h3>
Here are two other stocks from the broader REIT sector &mdash; Extra Space Storage EXR and Ventas VTR &mdash; you may want to consider as our model shows that these, too, have the right combination of elements to report a surprise this quarter.
Extra Space Storage, scheduled to report quarterly numbers on Oct. 29, has an Earnings ESP of +0.67% and carries a Zacks Rank of 3.
Ventas, slated to release quarterly numbers on Oct. 30, has an Earnings ESP of +0.97% and carries a Zacks Rank of 2 at present.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
<h2>Infrastructure Stock Boom To Sweep America</h2>
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It&#39;s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is &quot;Will you get into the right stocks early when their growth potential is greatest?&quot;
<a href="https://www.zacks.com/stock/news/2355232/welltower-stock-to-report-q3-earnings-what-s-in-the-cards?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2355232">To read this article on Zacks.com click here.</a>

Welltower Stock To Report Q3 Earnings: What's In The Cards?

Based on the business that has been disrupted at the Hotel as a result of the labor activity, the Company anticipates that full-year 2024 total portfolio RevPAR growth will be 125 to 150 basis points lower, Adjusted EBITDAre will be $11 million to $13 million lower and Adjusted FFO Attributable to Common Stockholders per Diluted Share will be approximately $0.06 lower than the 2024 outlook as presented in the Company's second quarter earnings release. Approximately $6 million to $7 million of the total estimated Adjusted EBITDAre impact relates to business that was disrupted in the third quarter, with the remainder related to business that has been cancelled for the fourth quarter. The Company expects a portion of the group events that have been cancelled will be rebooked at the Hotel for a future period.
The estimated impact on the Company's prior full-year 2024 outlook is based only upon business that has been disrupted at the Hotel as a result of the labor activity and the Company expects to provide an updated 2024 outlook, including any changes in expectations for the remainder of its portfolio, as part of its third quarter earnings release on November 12, 2024.

Sunstone Hotel Investors RevPAR Growth To Drop 125-150 Basis Points In 2024 Due To Labor Disruptions, Adjusted EBITDAre Decrease By $11M-$13M, Adjusted FFO Down $0.06 Per Share; $6M-$7M Loss From Q3 Disruptions

Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) today provided an update on recent operating activity for the third quarter and the estimated resulting impact on its previously provided full-year 2024 outlook.
Operations Update
The Company's operations for July and August 2024 were consistent with its prior expectations and reflect continued strength in group activity, an acceleration in business travel and an anticipated market-wide moderation in leisure demand in Maui. During the first two months of the quarter, the Company generated growth in total portfolio RevPAR and Total RevPAR, excluding The Confidante Miami Beach, of 2.4% and 6.3%, respectively, and Adjusted EBITDAre of approximately $37 million, which was in-line with the full-year 2024 outlook as presented in the Company's second quarter earnings release provided on August 7, 2024.

Sunstone Hotel Investors Announces During The First Two Months Of The Quarter, The Company Generated Growth In Total Portfolio RevPAR And Total RevPAR, Excluding The Confidante Miami Beach, Of 2.4% And 6.3%, Respectively, And Adjusted EBITDAre Of ~$37M, In-Line With The FY24 Outlook

Wells Fargo analyst Dori Kesten upgrades Sunstone Hotel Invts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) from Underweight to Equal-Weight and announces $10.5 price target.

Upgrades

Wells Fargo Upgrades Sunstone Hotel Invts to Equal-Weight, Announces $10.5 Price Target

Sunstone Hotel Investors Narrows FY24 Adjusted FFO Per Share Outlook From $0.84 - $0.94 To $0.85 - $0.90, Est $0.90

Sunstone Hotel Investors Says Recovery In Maui Has Been Slower, Which Has Led To Lower Revenue Growth And Earnings Expectations, Primarily In Q3

Sunstone Hotel Invts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) reported quarterly earnings of $0.28 per share which beat the analyst consensus estimate of $0.27 by 3.7 percent. The company reported quarterly sales of $247.481 million which missed the analyst consensus estimate of $249.657 million by 0.87 percent. This is a 10.37 percent decrease over sales of $276.112 million the same period last year.

Earnings Misses

Sunstone Hotel Invts Q2 2024 FFO $0.28 Beats $0.27 Estimate, Sales $247.481M Miss $249.657M Estimate

In the last three months, 4 analysts have published ratings on Sunstone Hotel Invts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>), offering a diverse range of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Sunstone Hotel Invts and provided 12-month price targets. The average target is $12.0, accompanied by a high estimate of $12.00 and a low estimate of $12.00. Marking an increase of 5.91%, the current average surpasses the previous average price target of $11.33. 
<img src="https://www.benzinga.com/files/images/story/2024/1720612832_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Sunstone Hotel Invts among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Keegan Carl</td>
<td>Wolfe Research</td>
<td>Announces</td>
<td>Outperform</td>
<td>$12.00</td>
<td>-</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$12.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Michael Bellisario</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$12.00</td>
<td>$11.00</td>
</tr>
<tr>
<td>Floris Van Dijkum</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Neutral</td>
<td>$12.00</td>
<td>$10.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Sunstone Hotel Invts. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sunstone Hotel Invts compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Sunstone Hotel Invts's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Sunstone Hotel Invts's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/SHO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Sunstone Hotel Invts analyst ratings.</a>
<h2>About Sunstone Hotel Invts</h2>
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. Sunstone's sole source of income is hotel revenue from its hotel ownership segment.
<h3>Sunstone Hotel Invts: Delving into Financials</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Decline in Revenue: Over the 3 months period, Sunstone Hotel Invts faced challenges, resulting in a decline of approximately -10.79% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Sunstone Hotel Invts's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 4.28%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Sunstone Hotel Invts's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 0.49%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Sunstone Hotel Invts's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.3% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Sunstone Hotel Invts's debt-to-equity ratio is below the industry average. With a ratio of 0.44, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Basics of Analyst Ratings</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On Sunstone Hotel Invts Through 4 Analysts

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SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR SECOND QUARTER 2024

SUNSTONE HOTEL INVESTORS SCHEDULES THIRD QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

SUNSTONE HOTEL INVESTORS PROVIDES OPERATIONS UPDATE

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2024

SUNSTONE HOTEL INVESTORS SCHEDULES FOURTH QUARTER AND FULL YEAR 2024 EARNINGS RELEASE AND CONFERENCE CALL

SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2024 DIVIDENDS

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2024

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