News
SHO
--
0.00%
--
Wells Fargo Maintains Overweight on Sunstone Hotel Invts, Raises Price Target to $11
Wells Fargo maintains Sunstone Hotel Invts (NYSE:SHO) with a Overweight and raises the price target from $9.75 to $11.
Benzinga · 11/16 17:23
Sunstone Hotel Investors, Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / November 6, 2020 / Sunstone Hotel Investors, Inc.
ACCESSWIRE · 11/06 15:45
Sunstone Hotel Investors Q3 Adj. FFO $(0.26) Down From $0.29 YoY, Sales $28.91M Miss $51.45M Estimate
Sunstone Hotel Investors (NYSE:SHO) reported quarterly losses of $(0.26) per share. This is a 189.66 percent decrease over earnings of $0.29 per share from the same period last year. The company reported quarterly sales
Benzinga · 11/05 22:48
Sunstone Hotel FFO misses by $0.03, misses on revenue
Sunstone Hotel (SHO): Q3 FFO of -$0.26 misses by $0.03.Revenue of $28.91M (-89.7% Y/Y) misses by $22.8M.19 Hotel Portfolio RevPAR decreased 91.5% to $17.58; Six Hotel Portfolio RevPAR open for the entirety of the third
Seekingalpha · 11/05 22:16
Sunstone Hotel Investors Reports Results For Third Quarter 2020
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today announced results for the third quarter ended September 30, 2020.
PR Newswire · 11/05 21:15
Sunstone Hotel Investors Schedules Third Quarter 2020 Earnings Release and Conference Call
PR Newswire · 10/05 21:15
Hotel REITs: Winter's Coming
"No vacancy" becomes "no occupancy." Hotel REITs - along with the global leisure and tourism industry - have been decimated by the coronavirus pandemic, plunging more than 50% this year.Following a record year for the industry in 2019, hotels REITs reported occupancy rates below 20% in Q2. Occupancy has recovered to roughly 45% by late summer, but winter is coming.Every hotel REIT has slashed its dividend in an effort to stay afloat, as 40-50% occupancy is needed to "keep the lights on." Suburban-focused and leisure-oriented properties have outperformed urban hotels.Perhaps a more "pure play" on the success of a vaccine than even the pharmaceuticals themselves, a significant "second-wave" of the pandemic would be likely catastrophic for equity holders.While leisure demand should bounce back relatively quickly when the pandemic subsides, business and group demand may take up to a half-decade or longer to fully recover.
Seekingalpha · 09/30 13:00
Park Hotels & Resorts a standout in BofA's deep dive into hotel reits
Bank of America lowers Choice Hotels International (CHH) to an Underperform from Neutral. BofA on CHH: "Management has executed and CHH’s franchised/leisure model led to relatively low levels of volatility in
Seekingalpha · 09/29 11:29
Despite recent shoots, BofA says lodging demand has a long road back
Its most recent look at hotel demand has BofA seeing steady recent improvement in revenue per available room - but also seeing a fall slowdown that has it cutting estimates
Seekingalpha · 08/20 22:51
Deutsche Bank Maintains Hold on Sunstone Hotel Invts, Lowers Price Target to $9
Deutsche Bank maintains Sunstone Hotel Invts (NYSE:SHO) with a Hold and lowers the price target from $10 to $9.
Benzinga · 08/05 11:53
Deutsche Bank Maintains Hold on Sunstone Hotel Invts, Lowers Price Target to $9
Deutsche Bank maintains Sunstone Hotel Invts (NYSE:SHO) with a Hold and lowers the price target from $10 to $9.
Benzinga · 08/05 11:53
Host Hotels gains as much as 11% after takeover chatter
Host Hotels & Resorts (NYSE:HST) jumps as much as 11% after chatter that Blackstone (BX -0.3%) may want to buy out the lodging REIT. Attributed to comments
seekingalpha · 08/04 19:23
Sunstone Hotel Investors (SHO) Reports Q2 Loss, Misses Revenue Estimates
Sunstone Hotel (SHO) delivered FFO and revenue surprises of -14.82% and -55.94%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Zacks · 08/04 13:25
Sunstone Hotel Investors Reports Results for Second Quarter 2020
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today announced results for the second quarter ended June 30, 2020.
PR Newswire · 08/04 12:00
Sunstone Hotel Investors upgraded to equal weight at Morgan Stanley
marketwatch.com · 07/29 10:56
Wells Fargo Maintains Overweight on Sunstone Hotel Invts, Lowers Price Target to $9
Wells Fargo maintains Sunstone Hotel Invts (NYSE:SHO) with a Overweight and lowers the price target from $12 to $9.
Benzinga · 07/22 16:10
Sunstone Hotel Investors Schedules Second Quarter 2020 Earnings Release and Conference Call
Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the second quarter 2020 on Tuesday, August 4, 2020, before the market opens. Management will hold its quarterly conference call the same day at 12:00 p.m. Eastern Ti
PR Newswire · 07/10 12:00
Sunstone Hotel (SHO) Sells Renaissance Harborplace for $80M
Zacks · 07/09 16:52
Hotel REITs: Dividend Cut Bloodbath
Seeking Alpha - Article · 07/09 16:00
SunStone Hotel sells Renaissance Harborplace for $80M
Seeking Alpha - Article · 07/08 11:38
Webull provides a variety of real-time SHO stock news. You can receive the latest news about Sunstone Hotel through multiple platforms. This information may help you make smarter investment decisions.
About SHO
Sunstone Hotel Investors, Inc. operates as a self-managed and self-administered real estate investment trust (REIT). The Company's primary business is to acquire, own, asset manage and renovate primarily urban and resort upper upscale hotels in the United States. The Company operates through hotel ownership segment. The Company owns primarily urban and resort upper upscale hotels in the United States. The Company’s hotels are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt. The Company has interest in 19 hotels, including 9,988 rooms. The Company's hotels are located in gateway markets, such as Boston, New York, Washington, District of Columbia (DC)/Baltimore, Chicago, Orlando, New Orleans, San Francisco, Los Angeles, Orange County and San Diego.
More