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.
IPO Year: 2004
Exchange: NYSE
Website: sunstonehotels.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/16/2025 | $10.00 | In-line → Outperform | Evercore ISI |
| 4/30/2025 | $10.00 | Underperform → Buy | BofA Securities |
| 1/14/2025 | $10.00 | Equal-Weight → Underweight | Morgan Stanley |
| 9/13/2024 | $10.50 | Underweight → Equal Weight | Wells Fargo |
| 7/10/2024 | $12.00 | Peer Perform → Outperform | Wolfe Research |
| 5/28/2024 | $11.00 → $12.00 | Neutral → Outperform | Robert W. Baird |
| 5/7/2024 | $10.00 → $12.00 | Sell → Neutral | Compass Point |
| 12/14/2023 | $9.00 → $10.00 | Underweight → Neutral | JP Morgan |
| 12/8/2023 | $10.00 → $9.50 | Equal Weight → Underweight | Wells Fargo |
| 9/28/2023 | Peer Perform | Wolfe Research |
4 - Sunstone Hotel Investors, Inc. (0001295810) (Issuer)
4 - Sunstone Hotel Investors, Inc. (0001295810) (Issuer)
4 - Sunstone Hotel Investors, Inc. (0001295810) (Issuer)
4 - Sunstone Hotel Investors, Inc. (0001295810) (Issuer)
4 - Sunstone Hotel Investors, Inc. (0001295810) (Issuer)
4 - Sunstone Hotel Investors, Inc. (0001295810) (Issuer)
4 - Sunstone Hotel Investors, Inc. (0001295810) (Issuer)
4 - Sunstone Hotel Investors, Inc. (0001295810) (Issuer)
4 - Sunstone Hotel Investors, Inc. (0001295810) (Issuer)
4 - Sunstone Hotel Investors, Inc. (0001295810) (Issuer)
S-8 - Sunstone Hotel Investors, Inc. (0001295810) (Filer)
10-Q - Sunstone Hotel Investors, Inc. (0001295810) (Filer)
8-K - Sunstone Hotel Investors, Inc. (0001295810) (Filer)
DEFA14A - Sunstone Hotel Investors, Inc. (0001295810) (Filer)
DEFA14A - Sunstone Hotel Investors, Inc. (0001295810) (Filer)
DEF 14A - Sunstone Hotel Investors, Inc. (0001295810) (Filer)
10-K - Sunstone Hotel Investors, Inc. (0001295810) (Filer)
8-K - Sunstone Hotel Investors, Inc. (0001295810) (Filer)
8-K - Sunstone Hotel Investors, Inc. (0001295810) (Filer)
10-Q - Sunstone Hotel Investors, Inc. (0001295810) (Filer)
SC 13G/A - Sunstone Hotel Investors, Inc. (0001295810) (Subject)
SC 13G/A - Sunstone Hotel Investors, Inc. (0001295810) (Subject)
SC 13G/A - Sunstone Hotel Investors, Inc. (0001295810) (Subject)
SC 13G/A - Sunstone Hotel Investors, Inc. (0001295810) (Subject)
SC 13G - Sunstone Hotel Investors, Inc. (0001295810) (Subject)
SC 13G/A - Sunstone Hotel Investors, Inc. (0001295810) (Subject)
SC 13G/A - Sunstone Hotel Investors, Inc. (0001295810) (Subject)
SC 13G/A - Sunstone Hotel Investors, Inc. (0001295810) (Subject)
SC 13G - Sunstone Hotel Investors, Inc. (0001295810) (Subject)
SC 13G/A - Sunstone Hotel Investors, Inc. (0001295810) (Subject)
Opens Andaz Miami Beach After Transformational RenovationCompletes Additional Share Repurchases ALISO VIEJO, Calif., May 6, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE:SHO) today announced results for the first quarter ended March 31, 2025. First Quarter 2025 Operational Results (as compared to First Quarter 2024): Net Income: Net income was $5.3 million as compared to $13.0 million.Total Portfolio RevPAR: Total Portfolio RevPARan increased 2.2% to $221.63. The average daily rate was $316.16 and occupancy was 70.1%. Excluding Andaz Miami Beach due to its transformational renovation, RevPAR increased 3.8%.Adjusted EBITDAre: Adjusted EBITDAre increa
ALISO VIEJO, Calif., March 31, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE:SHO) announced that it will report financial results for the first quarter 2025 on Tuesday, May 6, 2025, before the market opens. Management will hold its quarterly conference call the same day, at 10:30 a.m. Eastern Time (7:30 a.m. Pacific Time). A live webcast of the call will be available through the Investor Relations section of the Company's website at www.sunstonehotels.com. A transcript of the call will also be archived on the website. Alternatively, interested parties may dial 1-800-715-9871 and reference Conference ID 1026321 to listen to the live call. About Sunst
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. Fourth Quarter 2024 Operational Results (as compared to Fourth Quarter 2023): Net Income: Net income was $0.8 million as compared to $127.0 million. Excluding the gain on the hotel sold during the fourth quarter 2023, net income would have been $3.2 million.Comparable RevPAR: Comparable RevPAR decreased 1.1% to $199.07. The average daily rate was $304.85 and occupancy was 65.3%. Excluding The Confidante Miami Beach as it transitions to Andaz Miami Beach, RevPAR increased 1.0%. Excludin
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. Record Date Payable Date Total Distribution Per Share Taxable in 2024 Ordinary Dividends Section 199A Dividends Taxable in 2025 Common Stock - Ticker Symbol: SHO / CUSIP: 867892101 3/28/2024 4/15/2024 $0.070000 $0.070000 $0.070000 $0.070000 $0.000000 6/28/2024 7/15/2024 $0.090000 $0.090000 $0.090000 $0.090000 $0.000000 9/30/2024 10/15/2024 $0.090000 $0.090000 $0.090000 $0.090000 $0.000000 12/31/2024 1/15/2025 $0.090000 $
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. Management will hold its quarterly conference call the same day, at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). A live webcast of the call will be available through the Investor Relations section of the Company's website at www.sunstonehotels.com. A transcript of the call will also be archived on the website. Alternatively, interested parties may dial 1-800-715-9871 and reference Conference ID 1026321 to listen to the liv
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. Third Quarter 2024 Operational Results (as compared to Third Quarter 2023): Net Income: Net income was $3.2 million as compared to $15.6 million.Comparable RevPAR: Comparable RevPAR decreased 1.3% to $207.56. The average daily rate was $301.69 and occupancy was 68.8%. Excluding The Confidante Miami Beach as it transitions to Andaz Miami Beach, RevPAR decreased 0.1%. Excluding The Confidante Miami Beach and the Hilton San Diego Bayfront, which was negatively impacted by
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. 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
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. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). A live webcast of the call will be available through the Investor Relations section of the Company's website at www.sunstonehotels.com. A transcript of the call will also be archived on the website. Alternatively, interested parties may dial 1-800-715-9871 and reference Conference ID 1026321 to listen to the live call. About
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. Second Quarter 2024 Operational Results (as compared to Second Quarter 2023): Net Income: Net income was $26.1 million as compared to $43.1 million.Comparable RevPAR: Comparable RevPAR decreased 2.0% to $232.59. The average daily rate was $322.60 and occupancy was 72.1%. Excluding The Confidante Miami Beach as it transitions to Andaz Miami Beach, RevPAR increased 0.4%. Excluding The Confidante Miami Beach and the Marriott Long Beach Downtown, which was also under renovation in the second quarter of 2024,
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. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). A live webcast of the call will be available through the Investor Relations section of the Company's website at www.sunstonehotels.com. A transcript of the call will also be archived on the website. Alternatively, interested parties may dial 1-800-715-9871 and reference Conference ID 1026321 to listen to the live call. About
Opens Andaz Miami Beach After Transformational RenovationCompletes Additional Share Repurchases ALISO VIEJO, Calif., May 6, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE:SHO) today announced results for the first quarter ended March 31, 2025. First Quarter 2025 Operational Results (as compared to First Quarter 2024): Net Income: Net income was $5.3 million as compared to $13.0 million.Total Portfolio RevPAR: Total Portfolio RevPARan increased 2.2% to $221.63. The average daily rate was $316.16 and occupancy was 70.1%. Excluding Andaz Miami Beach due to its transformational renovation, RevPAR increased 3.8%.Adjusted EBITDAre: Adjusted EBITDAre increa
ALISO VIEJO, Calif., March 31, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE:SHO) announced that it will report financial results for the first quarter 2025 on Tuesday, May 6, 2025, before the market opens. Management will hold its quarterly conference call the same day, at 10:30 a.m. Eastern Time (7:30 a.m. Pacific Time). A live webcast of the call will be available through the Investor Relations section of the Company's website at www.sunstonehotels.com. A transcript of the call will also be archived on the website. Alternatively, interested parties may dial 1-800-715-9871 and reference Conference ID 1026321 to listen to the live call. About Sunst
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. Fourth Quarter 2024 Operational Results (as compared to Fourth Quarter 2023): Net Income: Net income was $0.8 million as compared to $127.0 million. Excluding the gain on the hotel sold during the fourth quarter 2023, net income would have been $3.2 million.Comparable RevPAR: Comparable RevPAR decreased 1.1% to $199.07. The average daily rate was $304.85 and occupancy was 65.3%. Excluding The Confidante Miami Beach as it transitions to Andaz Miami Beach, RevPAR increased 1.0%. Excludin
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. Record Date Payable Date Total Distribution Per Share Taxable in 2024 Ordinary Dividends Section 199A Dividends Taxable in 2025 Common Stock - Ticker Symbol: SHO / CUSIP: 867892101 3/28/2024 4/15/2024 $0.070000 $0.070000 $0.070000 $0.070000 $0.000000 6/28/2024 7/15/2024 $0.090000 $0.090000 $0.090000 $0.090000 $0.000000 9/30/2024 10/15/2024 $0.090000 $0.090000 $0.090000 $0.090000 $0.000000 12/31/2024 1/15/2025 $0.090000 $
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. Management will hold its quarterly conference call the same day, at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). A live webcast of the call will be available through the Investor Relations section of the Company's website at www.sunstonehotels.com. A transcript of the call will also be archived on the website. Alternatively, interested parties may dial 1-800-715-9871 and reference Conference ID 1026321 to listen to the liv
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. Third Quarter 2024 Operational Results (as compared to Third Quarter 2023): Net Income: Net income was $3.2 million as compared to $15.6 million.Comparable RevPAR: Comparable RevPAR decreased 1.3% to $207.56. The average daily rate was $301.69 and occupancy was 68.8%. Excluding The Confidante Miami Beach as it transitions to Andaz Miami Beach, RevPAR decreased 0.1%. Excluding The Confidante Miami Beach and the Hilton San Diego Bayfront, which was negatively impacted by
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. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). A live webcast of the call will be available through the Investor Relations section of the Company's website at www.sunstonehotels.com. A transcript of the call will also be archived on the website. Alternatively, interested parties may dial 1-800-715-9871 and reference Conference ID 1026321 to listen to the live call. About
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. Second Quarter 2024 Operational Results (as compared to Second Quarter 2023): Net Income: Net income was $26.1 million as compared to $43.1 million.Comparable RevPAR: Comparable RevPAR decreased 2.0% to $232.59. The average daily rate was $322.60 and occupancy was 72.1%. Excluding The Confidante Miami Beach as it transitions to Andaz Miami Beach, RevPAR increased 0.4%. Excluding The Confidante Miami Beach and the Marriott Long Beach Downtown, which was also under renovation in the second quarter of 2024,
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. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). A live webcast of the call will be available through the Investor Relations section of the Company's website at www.sunstonehotels.com. A transcript of the call will also be archived on the website. Alternatively, interested parties may dial 1-800-715-9871 and reference Conference ID 1026321 to listen to the live call. About
ALISO VIEJO, Calif., April 2, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE:SHO) announced that it will report financial results for the first quarter 2024 on Monday, May 6, 2024, before the market opens. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). A live webcast of the call will be available through the Investor Relations section of the Company's website at www.sunstonehotels.com. A transcript of the call will also be archived on the website. Alternatively, interested parties may dial 1-800-715-9871 and reference Conference ID 1026321 to listen to the live call. About Sunston
Evercore ISI upgraded Sunstone Hotel from In-line to Outperform and set a new price target of $10.00
BofA Securities upgraded Sunstone Hotel from Underperform to Buy and set a new price target of $10.00
Morgan Stanley downgraded Sunstone Hotel from Equal-Weight to Underweight and set a new price target of $10.00
Wells Fargo upgraded Sunstone Hotel from Underweight to Equal Weight and set a new price target of $10.50
Wolfe Research upgraded Sunstone Hotel from Peer Perform to Outperform and set a new price target of $12.00
Robert W. Baird upgraded Sunstone Hotel from Neutral to Outperform and set a new price target of $12.00 from $11.00 previously
Compass Point upgraded Sunstone Hotel from Sell to Neutral and set a new price target of $12.00 from $10.00 previously
JP Morgan upgraded Sunstone Hotel from Underweight to Neutral and set a new price target of $10.00 from $9.00 previously
Wells Fargo downgraded Sunstone Hotel from Equal Weight to Underweight and set a new price target of $9.50 from $10.00 previously
Wolfe Research initiated coverage of Sunstone Hotel with a rating of Peer Perform
IRVINE, Calif., Sept. 2, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE:SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today announced the appointment of Douglas M. Pasquale, current Chairman of the Sunstone Board, as the Company's interim Chief Executive Officer, effective immediately. This appointment follows a mutual agreement to separate between the Board of Directors and John Arabia, who will leave his role as President & Chief Executive Officer and has resigned as a Director of the Company effective immediately. These actions were not related to any matter regarding the Company's financial condition, reported fina