Sunstone Hotel Investors Inc (NYSE: SHO) is -3.17% 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 $10.23 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $10.39, the stock is -0.24% and 2.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.42 million and changing 1.56% at the moment leaves the stock -0.96% off its SMA200. SHO registered 10.31% gain for a year compared to 6-month loss of -4.68%. The firm has a 50-day simple moving average (SMA 50) of $10.1564 and a 200-day simple moving average (SMA200) of $10.49075.
The stock witnessed a 3.49% gain in the last 1 month and extending the period to 3 months gives it a -1.89%, and is -0.76% 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 2.85% over the week and 2.21% over the month.
Sunstone Hotel Investors Inc (SHO) has around 40 employees, a market worth around $2.11B and $931.57M in sales. Current P/E ratio is 12.68 and Fwd P/E is 37.11. Profit margin for the company is 18.00%. Distance from 52-week low is 15.69% and -10.35% from its 52-week high. The company has generated returns on investments over the last 12 months (5.60%).
with sales reaching $234.35M over the same period.The EPS is expected to shrink by -77.09% this year, but quarterly earnings will post -5.80% year-over-year. Quarterly sales are estimated to shrink -5.40% in year-over-year returns.
Sunstone Hotel Investors Inc (SHO) Top Institutional Holders
356.0 institutions hold shares in Sunstone Hotel Investors Inc (SHO), with institutional investors hold 101.83% of the company’s shares. The shares outstanding are 203.48M, and float is at 201.13M with Short Float at 5.29%. Institutions hold 100.70% 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
#####
