Sunstone Hotel Investors Inc (NYSE: SHO) is 2.11% higher on its value in year-to-date trading and has touched a low of $9.39 and a high of $12.41 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SHO stock was last observed hovering at around $11.79 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $12.09, the stock is 0.17% and 8.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.2 million and changing 2.54% at the moment leaves the stock 14.80% off its SMA200. SHO registered 11.43% gain for a year compared to 6-month gain of 19.00%. The firm has a 50-day simple moving average (SMA 50) of $11.1308 and a 200-day simple moving average (SMA200) of $10.5259.
The stock witnessed a 0.33% loss in the last 1 month and extending the period to 3 months gives it a 15.47%, and is 0.92% up 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 2.27% over the week and 1.92% over the month.
Sunstone Hotel Investors Inc (SHO) has around 40 employees, a market worth around $2.46B and $910.26M in sales. Current P/E ratio is 15.99 and Fwd P/E is 51.38. Profit margin for the company is 16.99%. Distance from 52-week low is 28.75% and -2.58% from its 52-week high. The company has generated returns on investments over the last 12 months (5.37%).
The EPS is expected to shrink by -85.82% this year.
Sunstone Hotel Investors Inc (SHO) Top Institutional Holders
354.0 institutions hold shares in Sunstone Hotel Investors Inc (SHO), with institutional investors hold 102.77% of the company’s shares. The shares outstanding are 200.92M, and float is at 198.45M with Short Float at 6.35%. Institutions hold 101.61% 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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