Sunstone Hotel Investors, Inc. which can be found using ticker (SHO) have now 12 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 11.5 and 9 and has a mean target at $10.08. Now with the previous closing price of $9.64 this now indicates there is a potential upside of 4.6%. The 50 day MA is $9.94 and the 200 day MA is $10.39. The total market capitalization for the company now stands at $2,022m. You can visit the company’s website by visiting: https://www.sunstonehotels.com
The potential market cap would be $2,114m 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 owns 15 hotels comprised of 7,735 rooms, the majority of which are operated under nationally recognized brands. Sunstone’s strategy is to create long-term stakeholder value through the acquisition, active ownership and disposition of hotels considered to be Long-Term Relevant Real Estate.
The company has a dividend yield of 2.06% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 28.56, revenue per share of 4.29 and a 2.04% return on assets.