Sunstone Hotel Investors Key Executives

This section highlights Sunstone Hotel Investors's key executives, including their titles and compensation details.

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Sunstone Hotel Investors Earnings

This section highlights Sunstone Hotel Investors's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 05, 2025
Time: Before Market
Est. EPS: $0.19
Status: Unconfirmed

Last Earnings Results

Date: February 21, 2025
EPS: $0.16
Est. EPS: $0.14
Revenue: $214.77M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2024 2025-02-21 $0.14 $0.16
Read Transcript Q3 2024 2024-11-12 $- $0.18
Read Transcript Q2 2024 2024-08-07 $0.27 $0.28
Read Transcript Q1 2024 2024-05-06 $0.16 $0.18
Read Transcript Q4 2023 2024-02-23 $0.10 $0.19
Read Transcript Q3 2023 2023-11-07 $0.20 $0.23
Read Transcript Q2 2023 2023-08-04 $0.31 $0.33
Read Transcript Q1 2023 2023-05-05 $0.17 $0.21

Sunstone Hotel Investors, Inc. (SHO)

Sunstone Hotel Investors, Inc. is a lodging real estate investment trust (REIT) that as of the date of this release has interests in 19 hotels comprised of 9,997 rooms. Sunstone's business is to acquire, own, asset manage and renovate or reposition hotels considered to be Long-Term Relevant Real Estate®, the majority of which are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt.

Real Estate REIT - Hotel & Motel

$9.86

Stock Price

$1.98B

Market Cap

36

Employees

Irvine, CA

Location

Financial Statements

Access annual & quarterly financial statements for Sunstone Hotel Investors, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $905.81M $985.98M $912.05M $509.15M $267.91M
Cost of Revenue $- $509.52M $448.56M $290.97M $251.69M
Gross Profit $905.81M $476.46M $463.50M $218.18M $16.22M
Gross Profit Ratio 100.00% 48.30% 50.82% 42.90% 6.05%
Research and Development Expenses $- $- $0 $0 $-2
General and Administrative Expenses $- $- $148.58M $111.68M $78.00M
Selling and Marketing Expenses $52.18M $51.96M $46.98M $31.16M $23.74M
Selling General and Administrative Expenses $52.18M $51.96M $195.56M $142.84M $101.74M
Other Expenses $775.04M $425.00M $168.59M $160.78M $161.42M
Operating Expenses $827.22M $476.96M $364.15M $303.62M $263.17M
Cost and Expenses $827.22M $740.76M $812.71M $594.59M $514.85M
Interest Income $13.72M $7.83M $5.24M $3.40M $2.84M
Interest Expense $47.62M $48.98M $32.01M $31.24M $53.31M
Depreciation and Amortization $124.51M $127.06M $808.91M $586.68M $519.59M
EBITDA $118.74M $387.31M $249.23M $43.24M $-107.06M
EBITDA Ratio 13.11% 39.28% 25.33% 8.49% -39.96%
Operating Income $78.59M $245.22M $104.59M $-85.44M $-244.11M
Operating Income Ratio 8.68% 24.87% 11.47% -16.78% -91.12%
Total Other Income Expenses Net $-36.43M $-33.95M $-4.75M $121.23M $-294.02M
Income Before Tax $42.16M $211.27M $91.12M $33.10M $-403.92M
Income Before Tax Ratio 4.65% 21.43% 9.99% 6.50% -150.77%
Income Tax Expense $-1.10M $4.56M $359.00K $109.00K $6.59M
Net Income $43.26M $206.71M $87.29M $34.30M $-410.51M
Net Income Ratio 4.78% 20.96% 9.57% 6.74% -153.23%
EPS $0.21 $0.93 $0.34 $0.16 $-1.90
EPS Diluted $0.21 $0.93 $0.34 $0.16 $-1.90
Weighted Average Shares Outstanding 201.74M 205.59M 212.61M 216.30M 215.93M
Weighted Average Shares Outstanding Diluted 202.64M 205.87M 212.65M 216.30M 215.93M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $214.77M $226.39M $247.48M $217.17M $219.22M $247.70M $276.11M $243.44M $244.14M $244.31M $251.28M $172.31M $173.89M $167.42M $117.21M $50.63M $37.36M $28.91M $10.42M $191.21M
Cost of Revenue $- $52.10M $120.44M $117.65M $176.82M $130.99M $129.78M $122.03M $117.51M $133.36M $115.62M $93.92M $94.75M $91.72M $64.86M $39.63M $44.36M $49.63M $37.83M $119.87M
Gross Profit $214.77M $174.29M $127.04M $99.52M $42.40M $116.71M $146.33M $121.41M $126.64M $110.95M $135.66M $78.39M $79.13M $75.70M $52.34M $11.00M $-7.00M $-20.72M $-27.40M $71.34M
Gross Profit Ratio 100.00% 77.00% 51.30% 45.80% 19.30% 47.10% 53.00% 49.90% 51.90% 45.40% 54.00% 45.50% 45.50% 45.20% 44.70% 21.70% -18.73% -71.68% -262.86% 37.31%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $- $- $36.29M $35.14M $35.01M $36.15M $40.25M $40.24M $37.94M $36.91M $39.11M $34.62M $31.44M $37.05M $25.53M $17.65M $8.48M $16.11M $17.17M $36.24M
Selling and Marketing Expenses $13.85M $13.22M $12.97M $12.13M $12.27M $12.77M $13.90M $13.02M $12.56M $12.32M $11.62M $10.47M $10.36M $8.88M $7.04M $4.88M $3.29M $3.90M $4.09M $12.46M
Selling General and Administrative Expenses $13.85M $13.22M $49.26M $47.27M $12.27M $12.77M $54.15M $53.27M $50.50M $49.24M $50.73M $45.10M $41.80M $45.94M $32.58M $22.53M $11.77M $20.00M $21.26M $48.70M
Other Expenses $191.53M $144.67M $77.78M $137.52M $-23.81M $154.20M $155.62M $43.35M $43.51M $31.75M $41.41M $40.07M $42.23M $42.93M $39.71M $35.91M $37.56M $37.84M $38.10M $47.92M
Operating Expenses $205.38M $157.89M $127.04M $82.26M $23.81M $89.89M $97.88M $96.62M $94.01M $80.99M $92.14M $85.17M $84.03M $88.87M $72.28M $58.44M $49.33M $57.84M $59.37M $96.62M
Cost and Expenses $205.38M $209.99M $240.78M $199.91M $200.64M $220.87M $227.66M $218.65M $211.51M $214.35M $207.76M $179.09M $178.78M $180.59M $137.15M $98.07M $93.69M $107.48M $97.19M $216.49M
Interest Income $2.41M $2.35M $2.95M $7.50M $789.00K $2.69M $4.64M $541.00K $476.00K $309.00K $1.14M $4.38M $13.00K $618.00K $730.00K $- $85.00K $139.00K $306.00K $2.31M
Interest Expense $10.15M $15.24M $12.14M $12.31M $13.17M $12.62M $9.22M $13.79M $11.72M $8.72M $6.29M $4.40M $7.20M $7.86M $8.04M $8.03M $10.11M $12.74M $12.95M $17.51M
Depreciation and Amortization $32.67M $31.69M $31.11M $29.04M $29.14M $33.19M $32.40M $32.34M $32.39M $31.75M $30.88M $31.35M $32.60M $32.59M $32.73M $30.77M $32.76M $33.01M $34.54M $36.75M
EBITDA $43.64M $49.70M $66.66M $47.60M $47.72M $61.48M $84.56M $57.67M $65.50M $61.76M $74.50M $62.82M $37.71M $26.34M $12.79M $-16.67M $-14.83M $-44.80M $-52.45M $-149.95M
EBITDA Ratio 20.32% 21.95% 26.94% 24.43% 21.77% 25.01% 30.96% 23.69% 26.83% 25.15% 29.80% 16.42% 15.94% 11.53% 10.91% -32.92% -62.86% -157.12% -498.11% 7.20%
Operating Income $9.39M $16.40M $66.66M $17.26M $18.59M $26.83M $48.45M $25.33M $33.10M $29.71M $44.01M $-3.07M $145.69M $-13.16M $-19.94M $-47.44M $-56.33M $-78.57M $-86.77M $-25.28M
Operating Income Ratio 4.37% 7.24% 26.94% 7.95% 8.48% 10.83% 17.55% 10.40% 13.56% 12.16% 17.51% -1.78% 83.78% -7.86% -17.01% -93.69% -150.77% -271.76% -832.39% -13.22%
Total Other Income Expenses Net $-8.57M $-13.63M $19.70M $-35.42M $111.74M $-43.85M $-36.47M $-3.34M $-14.68M $-9.77M $-5.80M $-9.83M $100.63M $-7.92M $-7.96M $-7.81M $-24.54M $-12.62M $-12.64M $-130.57M
Income Before Tax $819.00K $2.77M $26.40M $12.18M $129.78M $16.16M $43.88M $21.45M $17.95M $20.20M $37.72M $15.26M $138.34M $-22.10M $-27.89M $-55.24M $-39.37M $-91.19M $-117.51M $-155.85M
Income Before Tax Ratio 0.38% 1.22% 10.67% 5.61% 59.20% 6.52% 15.89% 8.81% 7.35% 8.27% 15.01% 8.86% 79.56% -13.20% -23.80% -109.11% -105.37% -315.43% -1127.32% -81.51%
Income Tax Expense $-17.00K $-483.00K $255.00K $-855.00K $2.80M $602.00K $803.00K $358.00K $485.00K $-290.00K $28.00K $136.00K $18.00K $25.00K $23.00K $43.00K $15.00K $-83.00K $-12.00K $6.67M
Net Income $836.00K $3.25M $26.14M $13.04M $126.98M $12.26M $43.08M $21.09M $17.46M $17.03M $31.31M $13.99M $134.55M $-23.06M $-27.32M $-53.31M $-38.00M $-89.29M $-115.34M $-162.06M
Net Income Ratio 0.39% 1.44% 10.56% 6.00% 57.92% 4.95% 15.60% 8.66% 7.15% 6.97% 12.46% 8.12% 77.38% -13.77% -23.31% -105.29% -101.71% -308.86% -1106.47% -84.75%
EPS $0.00 $0.00 $0.11 $0.06 $0.60 $0.06 $0.19 $0.08 $0.07 $0.08 $0.15 $0.06 $0.61 $-0.11 $-0.13 $-0.25 $-0.18 $-0.42 $-0.54 $-0.73
EPS Diluted $0.00 $0.00 $0.11 $0.06 $0.60 $0.06 $0.19 $0.08 $0.07 $0.08 $0.15 $0.06 $0.61 $-0.11 $-0.13 $-0.25 $-0.18 $-0.42 $-0.54 $-0.73
Weighted Average Shares Outstanding 200.19M 201.40M 202.76M 202.63M 203.61M 205.57M 206.18M 207.03M 209.10M 211.01M 213.18M 217.27M 217.87M 217.71M 215.11M 214.44M 214.26M 214.26M 214.22M 221.04M
Weighted Average Shares Outstanding Diluted 200.19M 201.40M 203.46M 202.96M 203.83M 205.78M 206.83M 207.28M 209.11M 211.29M 213.18M 217.27M 217.87M 217.71M 215.11M 214.44M 214.26M 214.26M 214.22M 221.04M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $107.20M $426.40M $101.22M $120.48M $368.41M
Short Term Investments $- $- $268.00K $3.00K $-
Cash and Short Term Investments $107.20M $426.40M $101.22M $120.48M $368.41M
Net Receivables $34.11M $31.21M $42.09M $28.73M $8.57M
Inventory $- $- $55.98M $118.54M $47.73M
Other Current Assets $- $93.68M $70.65M $132.88M $58.17M
Total Current Assets $141.31M $551.29M $213.97M $282.10M $435.14M
Property Plant Equipment Net $10.73M $15.88M $15.03M $23.16M $72.28M
Goodwill $- $- $- $- $-
Intangible Assets $930.00K $930.00K $42.69M $42.70M $20.41M
Goodwill and Intangible Assets $930.00K $930.00K $42.69M $42.70M $20.41M
Long Term Investments $- $- $-3.08B $-3.04B $-2.99B
Tax Assets $- $- $3.08B $3.04B $2.99B
Other Non-Current Assets $2.86B $2.59B $2.81B $2.69B $2.46B
Total Non-Current Assets $2.87B $2.61B $2.87B $2.76B $2.55B
Other Assets $94.06M $-9.07M $- $- $-
Total Assets $3.11B $3.15B $3.08B $3.04B $2.99B
Account Payables $52.72M $48.41M $73.73M $47.70M $18.79M
Short Term Debt $- $74.05M $220.00M $20.69M $7.29M
Tax Payables $10.09M $2.86M $7.50M $12.59M $10.13M
Deferred Revenue $1.43M $2.71M $44.22M $33.75M $13.34M
Other Current Liabilities $30.41M $37.63M $14.99M $61.02M $54.58M
Total Current Liabilities $94.65M $165.66M $380.89M $175.76M $90.79M
Long Term Debt $12.02M $757.24M $827.04M $615.35M $788.05M
Deferred Revenue Non-Current $- $48.14M $8.81M $6.60M $7.91M
Deferred Tax Liabilities Non-Current $- $- $14.36M $-6.60M $-7.91M
Other Non-Current Liabilities $978.58M $11.63M $-210.07M $10.17M $9.58M
Total Non-Current Liabilities $990.60M $817.02M $616.97M $625.52M $805.54M
Other Liabilities $-82.63M $- $- $- $-
Total Liabilities $1.00B $982.68M $997.86M $801.27M $896.34M
Preferred Stock $66.25M $281.25M $281.25M $281.25M $190.00M
Common Stock $2.01M $2.04M $2.09M $2.19M $2.16M
Retained Earnings $-574.94M $-533.06M $1.04B $948.06M $913.77M
Accumulated Other Comprehensive Income Loss $- $-0 $0 $-715.96M $-729.62M
Other Total Stockholders Equity $2.61B $2.42B $2.47B $2.40B $2.40B
Total Stockholders Equity $2.10B $2.17B $2.08B $2.20B $2.05B
Total Equity $2.10B $2.17B $2.76B $2.24B $2.09B
Total Liabilities and Stockholders Equity $3.11B $3.15B $3.08B $3.04B $2.99B
Minority Interest $- $- $674.49M $40.81M $40.73M
Total Liabilities and Total Equity $3.11B $3.15B $3.08B $3.04B $2.99B
Total Investments $- $417.00K $268.00K $3.00K $-2.99B
Total Debt $12.02M $831.29M $827.04M $634.55M $790.31M
Net Debt $-95.18M $404.89M $725.82M $514.07M $421.91M


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $107.20M $115.54M $159.15M $400.68M $493.70M $113.77M $107.85M $96.39M $101.22M $117.59M $107.33M $214.91M $120.48M $179.49M $162.90M $320.27M $368.41M $461.29M $540.42M $847.45M
Short Term Investments $- $- $2.25M $2.06M $- $3.62M $2.15M $17.00K $268.00K $- $5.00K $11.00K $3.00K $- $- $- $2.46B $- $- $2.76B
Cash and Short Term Investments $107.20M $115.54M $234.00M $400.68M $493.70M $113.77M $107.85M $96.39M $101.22M $117.59M $107.33M $214.91M $120.48M $179.49M $162.90M $320.27M $368.41M $461.29M $540.42M $847.45M
Net Receivables $34.11M $34.11M $37.79M $36.69M $31.21M $28.65M $48.04M $41.98M $42.09M $45.75M $42.15M $35.35M $28.73M $28.35M $25.04M $13.16M $8.57M $4.62M $4.45M $23.13M
Inventory $- $- $9.90M $9.38M $9.19M $8.43M $55.67M $49.12M $55.98M $50.25M $45.61M $39.48M $118.54M $55.88M $47.49M $44.98M $47.73M $42.35M $122.64M $53.48M
Other Current Assets $- $- $9.20M $84.63M $75.42M $330.75M $70.94M $69.62M $70.65M $64.63M $59.75M $57.62M $132.88M $74.39M $54.90M $56.42M $58.17M $56.85M $130.67M $67.68M
Total Current Assets $141.31M $149.65M $290.90M $531.39M $542.21M $482.04M $226.82M $207.98M $213.97M $227.97M $209.23M $307.87M $282.10M $282.23M $242.84M $389.85M $435.14M $522.76M $675.54M $938.26M
Property Plant Equipment Net $10.73M $11.85M $13.21M $14.56M $15.88M $17.20M $15.00M $16.10M $15.03M $22.98M $24.27M $25.53M $23.16M $75.07M $76.64M $71.01M $72.28M $86.04M $87.27M $88.48M
Goodwill $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Intangible Assets $930.00K $930.00K $930.00K $930.00K $930.00K $930.00K $930.00K $930.00K $42.69M $928.00K $905.00K $- $42.70M $- $- $- $20.41M $- $- $-
Goodwill and Intangible Assets $930.00K $930.00K $930.00K $930.00K $930.00K $930.00K $930.00K $930.00K $42.69M $928.00K $905.00K $- $42.70M $- $- $- $20.41M $- $- $-
Long Term Investments $- $- $- $2.06M $417.00K $3.62M $2.15M $30.00K $- $- $- $- $- $- $- $- $- $1.00K $6.00K $-
Tax Assets $- $- $- $-2.06M $2.57B $-3.62M $-2.15M $-30.00K $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Assets $2.86B $2.85B $2.84B $2.60B $21.92M $2.59B $2.84B $2.85B $2.81B $2.86B $2.85B $2.62B $2.69B $2.68B $2.70B $2.46B $2.46B $2.64B $2.66B $2.77B
Total Non-Current Assets $2.87B $2.87B $2.86B $2.61B $2.61B $2.61B $2.86B $2.87B $2.87B $2.88B $2.88B $2.64B $2.76B $2.75B $2.77B $2.53B $2.55B $2.72B $2.75B $2.86B
Other Assets $94.06M $100.79M $2.25M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $3.11B $3.12B $3.15B $3.14B $3.15B $3.09B $3.09B $3.07B $3.08B $3.11B $3.09B $2.95B $3.04B $3.03B $3.02B $2.92B $2.99B $3.25B $3.42B $3.80B
Account Payables $52.72M $63.64M $57.10M $48.08M $48.41M $60.85M $13.43M $21.07M $73.73M $25.04M $41.03M $55.90M $47.70M $48.74M $18.20M $15.80M $18.79M $21.92M $20.71M $7.94M
Short Term Debt $- $575.00M $5.91M $575.00M $74.05M $- $6.81M $226.75M $220.00M $7.77M $7.24M $109.74M $20.69M $87.40M $7.68M $7.40M $7.29M $193.07M $193.65M $87.01M
Tax Payables $10.09M $15.25M $11.82M $76.00K $2.86M $- $10.58M $11.20M $7.50M $14.54M $10.77M $7.97M $12.59M $16.80M $14.68M $9.83M $10.13M $13.97M $12.32M $11.84M
Deferred Revenue $1.43M $1.75M $2.07M $2.38M $2.71M $22.53M $44.09M $51.29M $44.22M $44.67M $41.32M $49.43M $33.75M $31.43M $26.17M $14.58M $13.34M $12.85M $13.75M $13.90M
Other Current Liabilities $30.41M $25.79M $101.97M $22.72M $37.63M $50.91M $116.09M $121.92M $14.99M $120.55M $92.84M $26.85M $61.02M $35.56M $73.17M $51.22M $54.58M $58.82M $59.21M $79.43M
Total Current Liabilities $94.65M $681.44M $176.79M $645.80M $160.09M $673.78M $146.91M $380.94M $380.89M $167.89M $151.89M $249.89M $175.76M $219.92M $113.72M $84.24M $90.79M $287.77M $285.89M $186.22M
Long Term Debt $12.02M $252.15M $822.70M $750.60M $757.24M $830.44M $827.03M $605.73M $827.04M $829.26M $822.17M $485.83M $615.35M $699.98M $788.85M $786.14M $788.05M $805.05M $892.45M $1.25B
Deferred Revenue Non-Current $- $- $- $64.03M $2.71M $51.01M $9.06M $10.11M $8.81M $7.08M $6.37M $6.45M $6.60M $9.11M $6.38M $6.77M $7.91M $7.25M $5.50M $5.41M
Deferred Tax Liabilities Non-Current $- $- $- $10.15M $-69.31M $12.98M $-9.06M $- $- $- $- $- $-6.60M $2.27M $4.13M $-6.77M $-7.91M $8.83M $9.37M $9.16M
Other Non-Current Liabilities $978.58M $58.16M $-14.69M $-425.74M $17.20M $-554.09M $2.08M $3.99M $-210.07M $2.50M $2.75M $2.70M $10.17M $3.12M $3.10M $7.91M $9.58M $9.83M $10.50M $10.25M
Total Non-Current Liabilities $990.60M $310.31M $808.01M $335.00M $822.59M $327.36M $838.18M $619.84M $616.97M $838.83M $831.29M $494.97M $625.52M $712.21M $798.33M $800.82M $805.54M $830.96M $917.82M $1.28B
Other Liabilities $-82.63M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $1.00B $991.75M $984.81M $980.80M $982.68M $1.00B $985.09M $1.00B $997.86M $1.01B $983.18M $744.86M $801.27M $932.13M $912.06M $885.06M $896.34M $1.12B $1.20B $1.46B
Preferred Stock $66.25M $281.25M $281.25M $281.25M $281.25M $281.25M $281.25M $281.25M $281.25M $281.25M $281.25M $281.25M $281.25M $281.25M $256.25M $190.00M $190.00M $190.00M $190.00M $190.00M
Common Stock $2.01M $2.01M $2.03M $2.04M $2.04M $2.06M $2.07M $2.07M $2.09M $2.12M $2.12M $2.16M $2.19M $2.19M $2.19M $2.16M $2.16M $2.16M $2.16M $2.15M
Retained Earnings $-574.94M $-552.99M $-534.12M $-538.08M $-533.06M $-630.27M $1.10B $1.06B $1.04B $1.02B $997.40M $962.05M $948.06M $810.08M $833.13M $860.45M $913.77M $951.76M $1.04B $1.16B
Accumulated Other Comprehensive Income Loss $- $- $- $-66.25M $-66.25M $-66.25M $-66.25M $-657.11M $0 $-667.64M $-674.17M $-705.74M $-715.96M $-850.60M $-13.35M $-12.98M $-12.62M $-12.25M $-11.88M $-11.52M
Other Total Stockholders Equity $2.61B $2.39B $2.42B $2.42B $2.42B $2.43B $2.45B $2.05B $2.47B $2.14B $2.17B $2.33B $2.40B $2.67B $2.61B $2.51B $2.40B $2.32B $2.14B $944.68M
Total Stockholders Equity $2.10B $2.12B $2.16B $2.16B $2.17B $2.09B $2.10B $2.07B $2.08B $2.10B $2.10B $2.17B $2.20B $2.06B $2.06B $1.99B $2.05B $2.09B $2.18B $2.29B
Total Equity $2.10B $2.12B $2.16B $2.16B $2.17B $2.09B $2.10B $2.07B $2.08B $2.10B $2.10B $2.21B $2.24B $2.10B $2.10B $2.03B $2.09B $2.13B $2.22B $2.34B
Total Liabilities and Stockholders Equity $3.11B $3.12B $3.15B $3.14B $3.15B $3.09B $3.09B $3.07B $3.08B $3.11B $3.09B $2.95B $3.04B $3.03B $3.02B $2.92B $2.99B $3.25B $3.42B $3.80B
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $41.94M $40.81M $40.47M $39.54M $40.13M $40.73M $40.30M $42.11M $43.77M
Total Liabilities and Total Equity $3.11B $3.12B $3.15B $3.14B $3.15B $3.09B $3.09B $3.07B $3.08B $3.11B $3.09B $2.95B $3.04B $3.03B $3.02B $2.92B $2.99B $3.25B $3.42B $3.80B
Total Investments $- $- $2.25M $2.06M $417.00K $3.62M $2.15M $47.00K $268.00K $- $5.00K $11.00K $3.00K $- $- $- $2.46B $1.00K $6.00K $2.76B
Total Debt $12.02M $827.15M $828.61M $830.00M $831.29M $832.59M $829.10M $827.78M $827.04M $831.35M $823.82M $595.57M $634.55M $785.11M $787.05M $788.43M $790.31M $993.15M $1.08B $1.33B
Net Debt $-95.18M $711.61M $669.46M $429.32M $337.60M $718.82M $721.25M $731.39M $725.82M $713.76M $716.49M $380.67M $514.07M $605.62M $624.15M $468.16M $421.91M $531.86M $540.79M $486.24M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $206.71M $206.71M $90.77M $32.99M $-410.51M
Depreciation and Amortization $124.51M $127.06M $126.33M $128.68M $137.05M
Deferred Income Tax $- $- $- $-149.38M $7.42M
Stock Based Compensation $10.46M $10.78M $10.89M $12.79M $9.58M
Change in Working Capital $- $-12.20M $3.05M $3.76M $25.01M
Accounts Receivables $10.61M $10.61M $-12.74M $-20.52M $26.83M
Inventory $- $- $- $3.92M $-4.62M
Accounts Payables $-20.84M $-20.84M $11.07M $21.70M $4.07M
Other Working Capital $- $-1.97M $4.71M $-1.34M $-1.26M
Other Non Cash Items $-143.54M $-134.21M $-21.66M $-480.00K $114.75M
Net Cash Provided by Operating Activities $198.13M $198.13M $209.38M $28.37M $-116.70M
Investments in Property Plant and Equipment $- $- $-128.58M $-63.66M $-102.00K
Acquisitions Net $- $- $-104.26M $1.38M $2.32M
Purchases of Investments $- $- $-299.00K $-80.00K $-111.00K
Sales Maturities of Investments $- $- $232.84M $4.00M $-2.32M
Other Investing Activities $258.08M $258.08M $-165.42M $-181.32M $114.00M
Net Cash Used for Investing Activities $258.08M $258.08M $-165.72M $-239.69M $113.79M
Debt Repayment $- $2.91M $204.70M $-79.88M $-154.10M
Common Stock Issued $- $- $- $38.44M $-
Common Stock Repurchased $-31.40M $-59.75M $-111.79M $-4.88M $-107.89M
Dividends Paid $-90.97M $-59.83M $-24.82M $-13.69M $-156.27M
Other Financing Activities $24.84M $-3.06M $-117.26M $17.91M $-27.66M
Net Cash Used Provided by Financing Activities $-97.52M $-119.72M $-49.17M $-42.10M $-445.92M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $336.49M $336.49M $-5.51M $-253.42M $-448.83M
Cash at End of Period $493.70M $493.70M $157.21M $162.72M $416.14M
Cash at Beginning of Period $157.21M $157.21M $162.72M $416.14M $864.97M
Operating Cash Flow $198.13M $198.13M $209.38M $28.37M $-116.70M
Capital Expenditure $- $- $-128.58M $-63.66M $-102.00K
Free Cash Flow $198.13M $198.13M $80.81M $-35.29M $-116.81M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $836.00K $3.25M $26.14M $13.04M $126.98M $15.56M $43.08M $21.09M $17.46M $20.49M $37.69M $15.12M $138.32M $-22.12M $-27.92M $-55.29M $-39.38M $-91.11M $-117.50M $-162.52M
Depreciation and Amortization $32.67M $31.69M $31.11M $29.04M $29.14M $33.17M $32.38M $32.32M $32.38M $31.73M $30.88M $31.35M $32.60M $32.59M $32.73M $30.77M $32.76M $33.01M $34.54M $36.75M
Deferred Income Tax $- $- $- $- $-74.64M $104.00K $117.00K $- $290.00K $-290.00K $- $- $-150.42M $1.13M $23.00K $-136.00K $-26.91M $-41.00K $18.15M $7.42M
Stock Based Compensation $2.08M $2.43M $3.18M $2.77M $2.51M $2.51M $3.33M $2.43M $2.23M $2.23M $2.85M $3.58M $2.21M $3.17M $4.66M $2.75M $2.07M $2.24M $3.06M $2.21M
Change in Working Capital $-4.32M $5.02M $-5.92M $-4.66M $-9.94M $11.14M $-12.40M $-1.00M $2.80M $2.74M $6.21M $-8.71M $-2.25M $9.03M $13.99M $-17.01M $2.02M $3.40M $28.43M $-8.84M
Accounts Receivables $-154.00K $3.38M $2.17M $-5.57M $3.13M $9.68M $-2.47M $264.00K $3.54M $-4.13M $-6.22M $-5.93M $-274.00K $-3.47M $-12.16M $-4.61M $-3.35M $-221.00K $18.64M $11.76M
Inventory $- $- $- $- $-5.13M $-1.26M $6.39M $- $- $- $- $- $1.58M $-377.00K $-709.00K $-869.00K $4.56M $-5.47M $4.40M $-8.11M
Accounts Payables $-6.93M $6.31M $-13.35M $7.32M $-16.99M $2.73M $-16.30M $9.72M $243.00K $3.77M $3.74M $3.32M $-1.70M $13.21M $18.65M $-8.46M $1.14M $9.42M $5.73M $-12.23M
Other Working Capital $2.77M $-4.67M $5.26M $-11.00K $3.91M $-13.00K $-17.00K $-10.98M $-979.00K $3.11M $8.68M $-6.09M $-1.86M $-335.00K $8.21M $-3.06M $-337.00K $-330.00K $-332.00K $-261.00K
Other Non Cash Items $-768.00K $4.22M $282.00K $-1.30M $-44.66M $-729.00K $-6.76M $-7.59M $4.52M $2.14M $-124.00K $-28.20M $-493.00K $-1.46M $767.00K $735.00K $44.00K $130.00K $913.00K $122.46M
Net Cash Provided by Operating Activities $30.49M $46.61M $54.79M $38.48M $29.39M $61.75M $59.74M $47.25M $59.69M $59.05M $77.50M $13.15M $19.97M $22.33M $24.25M $-38.17M $-29.40M $-52.38M $-32.40M $-2.52M
Investments in Property Plant and Equipment $- $- $- $-27.66M $-36.19M $-24.73M $-26.75M $-22.47M $-31.04M $-34.92M $-32.32M $-30.30M $-21.75M $-25.12M $-10.26M $-6.53M $52.00K $-52.00K $- $-
Acquisitions Net $- $- $- $- $299.00K $- $-299.00K $- $-2.91M $- $-101.35M $- $- $- $- $1.38M $- $- $- $-
Purchases of Investments $- $- $- $- $- $- $- $- $-299.00K $- $-231.96M $-546.00K $80.00K $-80.00K $-195.65M $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $-10.00M $10.00M $- $- $33.95M $- $365.63M $- $4.00M $- $- $- $- $- $- $-
Other Investing Activities $-47.02M $-41.41M $-270.18M $-27.66M $364.49M $3.72M $299.00K $-22.47M $-31.04M $-34.92M $-263.82M $164.36M $1.83M $-29.09M $-205.91M $-6.53M $82.43M $62.16M $-16.94M $-13.86M
Net Cash Used for Investing Activities $-47.02M $-41.41M $-270.18M $-27.66M $318.30M $-11.00M $-26.75M $-22.47M $-31.34M $-34.92M $-263.82M $164.36M $1.91M $-29.16M $-205.91M $-6.53M $82.48M $62.11M $-16.94M $-13.86M
Debt Repayment $27.56M $-541.00K $-535.00K $-537.00K $-532.00K $-518.00K $4.49M $-524.00K $-511.00K $11.20M $229.51M $-35.50M $-77.42M $-819.00K $-810.00K $-832.00K $-109.55M $-89.27M $-251.72M $298.10M
Common Stock Issued $- $- $- $- $- $- $- $- $- $- $- $- $215.00M $96.66M $- $- $- $- $- $-
Common Stock Repurchased $-944.00K $-23.61M $-3.62M $-3.22M $-20.88M $-14.04M $-2.85M $-21.97M $-21.80M $-8.67M $-34.52M $-46.82M $197.29M $-75.00M $- $-3.52M $3.99M $- $- $-107.89M
Dividends Paid $-21.27M $-22.48M $-17.44M $-29.77M $-17.58M $-14.71M $-13.56M $-13.98M $-13.77M $-4.36M $-3.19M $-3.51M $-2.95M $-2.78M $-4.76M $-3.21M $-3.21M $-3.21M $-13.98M $-135.87M
Other Financing Activities $-1.10M $- $- $- $- $- $-3.06M $- $-2.91M $-7.40M $-106.94M $- $-397.00K $21.66M $-4.73M $1.38M $-27.82M $- $500.00K $-2.00M
Net Cash Used Provided by Financing Activities $4.25M $-46.64M $-21.60M $-33.52M $-38.99M $-29.27M $-14.68M $-36.48M $-38.98M $-9.23M $84.87M $-85.83M $-80.77M $18.06M $26.78M $-6.18M $-140.58M $-92.48M $-265.20M $52.34M
Effect of Forex Changes on Cash $- $- $- $- $-150.09M $-20.74M $-17.34M $- $- $- $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $-12.28M $-41.44M $-236.99M $-22.70M $308.70M $21.48M $18.01M $-11.71M $-10.63M $14.90M $-101.45M $91.67M $-58.89M $11.22M $-154.87M $-50.88M $-87.50M $-82.75M $-314.55M $35.96M
Cash at End of Period $180.28M $192.56M $234.00M $471.00M $493.70M $185.00M $163.51M $145.50M $157.21M $167.84M $152.94M $254.39M $162.72M $221.61M $210.39M $365.26M $416.14M $503.63M $586.38M $900.93M
Cash at Beginning of Period $192.56M $234.00M $471.00M $493.70M $185.00M $163.51M $145.50M $157.21M $167.84M $152.94M $254.39M $162.72M $221.61M $210.39M $365.26M $416.14M $503.63M $586.38M $900.93M $864.97M
Operating Cash Flow $30.49M $46.61M $54.79M $38.48M $29.39M $61.75M $59.74M $47.25M $59.69M $59.05M $77.50M $13.15M $19.97M $22.33M $24.25M $-38.17M $-29.40M $-52.38M $-32.40M $-2.52M
Capital Expenditure $- $- $- $-27.66M $-36.19M $-24.73M $-26.75M $-22.47M $-31.04M $-34.92M $-32.32M $-30.30M $-21.75M $-25.12M $-10.26M $-6.53M $52.00K $-52.00K $- $-
Free Cash Flow $30.49M $46.61M $54.79M $10.82M $-6.80M $37.03M $32.99M $24.77M $28.65M $24.13M $45.18M $-17.15M $-1.79M $-2.80M $13.99M $-44.70M $-29.35M $-52.43M $-32.40M $-2.52M

Sunstone Hotel Investors Dividends

Explore Sunstone Hotel Investors's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

3.81%

Dividend Payout Ratio

210.27%

Dividend Paid & Capex Coverage Ratio

2.18x

Sunstone Hotel Investors Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.09 $0.09 March 31, 2025 March 31, 2025 April 15, 2025 February 21, 2025
$0.09 $0.09 December 31, 2024 December 31, 2024 January 15, 2025 November 12, 2024
$0.09 $0.09 September 30, 2024 September 30, 2024 October 15, 2024 August 07, 2024
$0.09 $0.09 June 28, 2024 June 28, 2024 July 15, 2024 May 06, 2024
$0.07 $0.07 March 27, 2024 March 28, 2024 April 15, 2024 February 22, 2024
$0.13 $0.13 December 28, 2023 December 29, 2023 January 16, 2024 December 06, 2023
$0.07 $0.07 September 28, 2023 September 29, 2023 October 16, 2023 August 03, 2023
$0.05 $0.05 June 29, 2023 June 30, 2023 July 17, 2023 May 04, 2023
$0.05 $0.05 March 30, 2023 March 31, 2023 April 17, 2023 February 21, 2023
$0.05 $0.05 December 29, 2022 December 30, 2022 January 17, 2023 November 07, 2022
$0.05 $0.05 September 29, 2022 September 30, 2022 October 17, 2022 August 02, 2022
$0.05 $0.05 March 30, 2020 March 31, 2020 April 15, 2020 February 17, 2020
$0.59 $0.59 December 30, 2019 December 31, 2019 January 15, 2020 December 10, 2019
$0.05 $0.05 September 27, 2019 September 30, 2019 October 15, 2019 August 01, 2019
$0.05 $0.05 June 27, 2019 June 28, 2019 July 15, 2019 May 06, 2019
$0.05 $0.05 March 28, 2019 March 29, 2019 April 15, 2019 February 11, 2019
$0.54 $0.54 December 28, 2018 December 31, 2018 January 15, 2019 November 05, 2018
$0.05 $0.05 September 27, 2018 September 28, 2018 October 15, 2018 July 30, 2018
$0.05 $0.05 June 28, 2018 June 29, 2018 July 16, 2018 May 03, 2018
$0.05 $0.05 March 28, 2018 March 30, 2018 April 16, 2018 February 09, 2018

Sunstone Hotel Investors News

Read the latest news about Sunstone Hotel Investors, including recent articles, headlines, and updates.

DRH or SHO: Which Is the Better Value Stock Right Now?

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with DiamondRock Hospitality (DRH) and Sunstone Hotel Investors (SHO). But which of these two stocks is more attractive to value investors?

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Credit Scoring Of Sunstone Hotel Investors Confirms Our Purchase Of The Preferred Shares

Sunstone Hotel Investors received a Baa2 to Baa3 equivalent credit score, reflecting its financial strength despite operating in the riskier hotel industry. SHO's balance sheet metrics are comparable to high-rated REIT Agree Realty, but SHO offers a 1.3% higher yield on preferred shares. Moody's rates SHO lower due to the hotel industry's perceived higher risk and cyclical nature, despite stable revenue and operating expenses.

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Sunstone Hotel Investors, Inc. (SHO) Q4 2024 Earnings Call Transcript

Sunstone Hotel Investors, Inc. (NYSE:SHO ) Q4 2024 Earnings Conference Call February 21, 2025 1:00 PM ET Company Participants Aaron Reyes - CFO Bryan Giglia - CEO Robert Springer - President and Chief Investment Officer Conference Call Participants Duane Pfennigwerth - Evercore ISI Smedes Rose - Citi Dori Kesten - Wells Fargo Michael Bellisario - Baird Chris Darling - Green Street Chris Woronka - Deutsche Bank Floris van Dijkum - Compass Point Patrick Scholes - Truist Securities Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Sunstone Hotel Investors Fourth Quarter Earnings Call.

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SHO: The Preferred Stocks' 7.3% Yield Outshines The FFO Yield

Sunstone Hotel Investors Inc. (SHO) is a relatively safe Hotel REIT due to its strong financials, including a 400% asset coverage ratio and no secured debt. SHO's preferred stocks offer a 7.3% yield, outperforming common stock's expected 8% FFO yield, making them a better risk-adjusted investment. SHO's preferred stocks have narrowed their spread to the 20-year Treasury, suggesting potential for higher credit ratings and narrower spreads in the future.

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Sunstone Hotel (SHO) Reports Q4 Earnings: What Key Metrics Have to Say

The headline numbers for Sunstone Hotel (SHO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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Sunstone Hotel Investors (SHO) Beats Q4 FFO and Revenue Estimates

Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to FFO of $0.19 per share a year ago.

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

ALISO VIEJO, Calif. , Feb. 21, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the fourth quarter and full year ended December 31, 2024.

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Unveiling Sunstone Hotel (SHO) Q4 Outlook: Wall Street Estimates for Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Sunstone Hotel (SHO), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.

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SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2024 DIVIDENDS

ALISO VIEJO, Calif. , Jan. 30, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced the following tax treatment of the 2024 distributions to holders of the Company's common stock and Series H and Series I preferred stock.

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The State Of REITs: January 2025 Edition

The REIT sector took a beating in December with an average total return of -6.85% but still finished in the black for full year 2024 (+3.70%). Small cap (-5.98%) and mid cap REITs (-6.62%) outperformed large caps (-7.43%) and micro caps (-8.63%) in December. Only 9.68% of REIT securities had a positive total return in December. 55.63% had a positive total return for all of 2024.

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

ALISO VIEJO, Calif. , Jan. 13, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the fourth quarter and full year 2024 on Friday, February 21, 2025, before the market opens.

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PINE or SHO: Which Is the Better Value Stock Right Now?

Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Alpine Income (PINE) and Sunstone Hotel Investors (SHO). But which of these two companies is the best option for those looking for undervalued stocks?

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Top 3 Real Estate Stocks That May Plunge This Month

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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Sunstone Hotel Investors, Inc. (SHO) Q3 2024 Earnings Call Transcript

Sunstone Hotel Investors, Inc. (NYSE:SHO ) Q3 2024 Earnings Conference Call November 12, 2024 12:00 PM ET Company Participants Aaron Reyes – Chief Financial Officer Bryan Giglia – Chief Executive Officer Robert Springer – President and Chief Investment Officer Conference Call Participants Michael Bellisario – Baird Dori Kesten – Wells Fargo Keegan Carl – Wolfe Research Smedes Rose – Citi Duane Pfennigwerth – Evercore ISI David Katz – Jefferies Chris Darling – Green Street Stephen Grambling – Morgan Stanley Chris Woronka – Deutsche Bank Floris van Dijkum – Compass Point Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Sunstone Hotel Investors Third Quarter 2024 Earnings Call.

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Sunstone Hotel (SHO) Reports Q3 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Sunstone Hotel (SHO) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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Sunstone Hotel Investors (SHO) Misses Q3 FFO Estimates

Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.18 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to FFO of $0.23 per share a year ago.

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SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2024

Refinances Only 2024 Maturity ALISO VIEJO, Calif. , Nov. 12, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the third quarter ended September 30, 2024.

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Stay Ahead of the Game With Sunstone Hotel (SHO) Q3 Earnings: Wall Street's Insights on Key Metrics

Beyond analysts' top -and-bottom-line estimates for Sunstone Hotel (SHO), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.

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Sunstone Hotel Investors: 6.74% Preferred Shares Are Losing Appeal

Sunstone Hotel Investors' preferred shares are attractive due to a robust balance sheet and excellent dividend coverage, despite a recent AFFO guidance reduction. The preferred dividends are well-covered, with less than 10% of adjusted AFFO needed, ensuring financial stability even with seasonality impacts. Series H preferred shares offer a higher current yield (6.74%) compared to Series I (6.65%), making them slightly more attractive, though both are 'hold' at best.

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SUNSTONE HOTEL INVESTORS PROVIDES OPERATIONS UPDATE

ALISO VIEJO, Calif. , Oct. 10, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) 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.

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

ALISO VIEJO, Calif. , Sept. 30, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the third quarter 2024 on Tuesday, November 12, 2024, before the market opens.

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Sunstone Hotel Investors, Inc. (SHO) Q2 2024 Earnings Call Transcript

Sunstone Hotel Investors, Inc. (NYSE:SHO ) Q2 2024 Earnings Conference Call August 7, 2024 12:00 PM ET Company Participants Aaron Reyes - Chief Financial Officer Bryan Giglia - Chief Executive Officer Robert Springer - President and Chief Investment Officer Chris Ostapovicz - Chief Operating Officer Conference Call Participants Michael Bellisario - Baird Dori Kesten - Wells Fargo Duane Pfennigwerth - Evercore ISI Smedes Rose - Citi David Katz - Jefferies Chris Darling - Green Street Chris Woronka - Deutsche Bank Floris Van Dijkum - Compass Point Operator Good morning, ladies and gentlemen and thank you for standing by. Welcome to the Sunstone Hotel Investors Second Quarter 2024 Earnings Call.

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Sunstone Hotel (SHO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Sunstone Hotel (SHO) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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Sunstone Hotel Investors (SHO) Beats Q2 FFO Estimates

Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.28 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to FFO of $0.33 per share a year ago.

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SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR SECOND QUARTER 2024

ALISO VIEJO, Calif. , Aug. 7, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the second quarter ended June 30, 2024.

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SHO vs. GLPI: Which Stock Is the Better Value Option?

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Sunstone Hotel Investors (SHO) and Gaming and Leisure Properties (GLPI). But which of these two stocks offers value investors a better bang for their buck right now?

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The Dangers Of High Yield Preferreds

Some high yield preferreds offer stable double-digit yields and potential for capital gains, trading at discounts to par value. Preferreds are paid through dividends, liquidation preference, and redemption, but sit below debt in the capital stack, making them riskier than bonds. Risks include lack of equity cushion, business volatility, and bad actor risk, highlighting the importance of thorough research and caution when investing in preferreds.

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Sunstone Hotel: Better Wait For A Better Price

Sunstone manages a high-quality hotel portfolio located in coastal markets. It has good growth prospects and very low leverage, but also a low dividend yield. The valuation is not very attractive, which presents a significant risk for investors.

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

ALISO VIEJO, Calif. , June 24, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the second quarter 2024 on Wednesday, August 7, 2024, before the market opens.

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7 Travel Stocks to Buy as a Summer Surge Sees Record Trips

Despite talk of the “revenge travel” trend cooling down, recent headlines strongly suggest that travel demand is coming back with a vengeance. Or, at the very least, holding steady at elevated levels.

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