Sunstone Hotel Investors, Inc. with ticker code (SHO) now have 12 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 11.5 and 9 with the average target price sitting at $10.25. Given that the stocks previous close was at $9.04 this would indicate that there is a potential upside of 13.4%. The day 50 moving average is $10.27 and the 200 day MA is $10.43. The market capitalization for the company is $1,893m. Company Website: https://www.sunstonehotels.com
The potential market cap would be $2,146m based on the market consensus.
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.
The company has a dividend yield of 2.25% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 26.74, revenue per share of 4.29 and a 2.04% return on assets.
