Sunstone Hotel Investors Inc (NYSE: SHO) is -1.21% lower on its value in year-to-date trading and has touched a low of $8.98 and a high of $11.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SHO stock was last observed hovering at around $10.58 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $10.60, the stock is 3.17% and 4.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.95 million and changing 0.19% at the moment leaves the stock 0.86% off its SMA200. SHO registered 14.11% gain for a year compared to 6-month loss of -4.85%. The firm has a 50-day simple moving average (SMA 50) of $10.1796 and a 200-day simple moving average (SMA200) of $10.5141.
The stock witnessed a 3.72% gain in the last 1 month and extending the period to 3 months gives it a 1.34%, and is -1.40% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.95% over the week and 1.96% over the month.
Sunstone Hotel Investors Inc (SHO) has around 40 employees, a market worth around $2.16B and $931.57M in sales. Current P/E ratio is 12.94 and Fwd P/E is 37.33. Profit margin for the company is 18.00%. Distance from 52-week low is 18.03% and -8.54% from its 52-week high. The company has generated returns on investments over the last 12 months (5.60%).
with sales reaching $234.85M over the same period.The EPS is expected to shrink by -75.31% this year, but quarterly earnings will post -5.50% year-over-year. Quarterly sales are estimated to shrink -5.20% in year-over-year returns.
Sunstone Hotel Investors Inc (SHO) Top Institutional Holders
360.0 institutions hold shares in Sunstone Hotel Investors Inc (SHO), with institutional investors hold 102.08% of the company’s shares. The shares outstanding are 203.48M, and float is at 201.04M with Short Float at 8.05%. Institutions hold 100.94% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 37.32 million shares valued at $390.38 million. The investor’s holdings represent 18.4184% of the SHO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 31.65 million shares valued at $331.06 million to account for 15.6198 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.03 million shares representing 5.9371% and valued at over $126.9 million, while RUSH ISLAND MANAGEMENT, LP holds 4.7692 of the shares totaling 9.66 million with a market value of $101.09 million.
Sunstone Hotel Investors Inc (SHO) Insider Activity
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