28-Mar-2024
Sunstone Hotel Investors 6.125 Cumulative Redeemable Pref Shs Series H declares $0.3828 dividend
Seeking Alpha News (Tue, 26-Mar 12:25 PM ET)
Sunstone Hotel Investors, Inc. 5.70% CUM PFD I declares $0.3562 dividend
Seeking Alpha News (Tue, 26-Mar 12:23 PM ET)
Sunstone Hotel goes ex-dividend tomorrow
Seeking Alpha News (Tue, 26-Mar 12:20 PM ET)
SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2023
PRNewswire (Fri, 23-Feb 7:30 AM ET)
SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2023 DIVIDENDS
PRNewswire (Thu, 25-Jan 4:15 PM ET)
SUNSTONE HOTEL INVESTORS SCHEDULES FOURTH QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL
PRNewswire (Wed, 3-Jan 4:41 PM ET)
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.
Sunstone Hotel Invts trades on the NYSE stock market under the symbol SHO.
As of March 28, 2024, SHO stock price climbed to $11.14 with 2,219,308 million shares trading.
SHO has a beta of 0.87, meaning it tends to be less sensitive to market movements. SHO has a correlation of 0.18 to the broad based SPY ETF.
SHO has a market cap of $2.27 billion. This is considered a Mid Cap stock.
In the last 3 years, SHO stock traded as high as $13.91 and as low as $8.60.
The top ETF exchange traded funds that SHO belongs to (by Net Assets): IJR, VNQ, VTI, VB, IWM.
SHO has underperformed the market in the last year with a price return of +27.3% while the SPY ETF gained +33.6%. SHO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.0% and +0.8%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
SHO support price is $10.98 and resistance is $11.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SHO stock will trade within this expected range on the day.