Sunstone Hotel Investors Inc (NYSE: SHO) is -2.87% lower 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 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 $11.78 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $11.50, the stock is -4.23% and 1.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.24 million and changing -2.38% at the moment leaves the stock 9.02% off its SMA200. SHO registered 5.89% gain for a year compared to 6-month gain of 8.80%. The firm has a 50-day simple moving average (SMA 50) of $11.2716 and a 200-day simple moving average (SMA200) of $10.5458.
The stock witnessed a -6.05% loss in the last 1 month and extending the period to 3 months gives it a 12.41%, and is -2.46% 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 2.29% over the week and 1.91% over the month.
Sunstone Hotel Investors Inc (SHO) has around 40 employees, a market worth around $2.31B and $910.26M in sales. Current P/E ratio is 15.21 and Fwd P/E is 48.87. Profit margin for the company is 16.99%. Distance from 52-week low is 22.47% and -7.33% from its 52-week high. The company has generated returns on investments over the last 12 months (5.37%).
with sales reaching $215.6M over the same period.The EPS is expected to shrink by -85.82% this year, but quarterly earnings will post -8.22% year-over-year. Quarterly sales are estimated to shrink -1.65% in year-over-year returns.
Sunstone Hotel Investors Inc (SHO) Top Institutional Holders
354.0 institutions hold shares in Sunstone Hotel Investors Inc (SHO), with institutional investors hold 102.78% of the company’s shares. The shares outstanding are 200.92M, and float is at 198.45M with Short Float at 5.23%. Institutions hold 101.62% 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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