| Sunstone Hotel Investors: Series H Preferred Equity Has Significant Duration Risk |
Sunstone Hotel Investors, Inc. is a hotel REIT specializing in upscale hotels, with a $1.7 billion equity capitalization and a unique capital structure. The Series H preferred equity, paying a 6.125% coupon, is a permanent form of capital with high duration and credit spread risk. The REIT's clean balance sheet, with significant liquidity and no property-level debt, makes Series H an attractive, albeit sensitive, investment. |
seekingalpha.com |
2025-05-06 22:26:30 |
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| Sunstone Hotel Investors, Inc. (SHO) Q1 2025 Earnings Call Transcript |
Sunstone Hotel Investors, Inc. (NYSE:SHO ) Q1 2025 Earnings Conference Call May 6, 2025 10:30 AM ET Company Participants Aaron Reyes - CFO & EVP Bryan Giglia - CEO & Director Robert Springer - President & Chief Investment Officer Conference Call Participants David Katz - Jefferies Dany Asad - Bank of America Merrill Lynch Duane Pfennigwerth - Evercore ISI Michael Bellisario - Baird Smedes Rose - Citi Chris Woronka - Deutsche Bank Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Sunstone Hotel Investors First Quarter 2025 Earnings Call. |
seekingalpha.com |
2025-05-06 20:14:05 |
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| Sunstone Hotel (SHO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates |
Although the revenue and EPS for Sunstone Hotel (SHO) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-05-06 14:36:04 |
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| Sunstone Hotel Investors (SHO) Tops Q1 FFO Estimates |
Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.21 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to FFO of $0.18 per share a year ago. |
zacks.com |
2025-05-06 13:41:04 |
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| SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FIRST QUARTER 2025 |
Opens Andaz Miami Beach After Transformational Renovation Completes Additional Share Repurchases ALISO VIEJO, Calif. , May 6, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the first quarter ended March 31, 2025. |
prnewswire.com |
2025-05-06 11:30:00 |
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| We Are Buying REIT Preferred Stocks Part 2: Summit Hotel Or Sunstone Hotel Preferreds? |
Recent improvements in spreads make REIT preferred stocks attractive, focusing on those offering yields above 6.5%, particularly Summit Hotel Properties and Sunstone Hotel Investors. INN and SHO are both lodging REITs with similar structures and yields, but SHO has stronger financial metrics and a better credit score. SHO's preferreds offer similar returns to INN's but with significantly lower credit risk, making SHO a more favorable investment. |
seekingalpha.com |
2025-04-02 17:41:14 |
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| SUNSTONE HOTEL INVESTORS SCHEDULES FIRST QUARTER 2025 EARNINGS RELEASE AND CONFERENCE CALL |
ALISO VIEJO, Calif. , March 31, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the first quarter 2025 on Tuesday, May 6, 2025, before the market opens. |
prnewswire.com |
2025-03-31 12:00:00 |
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| Sunstone Hotel: Consider Its Preferreds If You're Banking On A Recovery |
Sunstone Hotel Investors' common and preferred stocks have lost significant market value, presenting a potential buying opportunity despite macroeconomic headwinds. Sunstone's preferred shares, specifically H and I series, offer attractive yields of in and around 7.20% with arguably limited call and spread risk. The REIT's financials showed a decline in 2024 net income. However, new facility transformations and a deceleration in U.S. disinflation might result in stabilised fundamental performance. |
seekingalpha.com |
2025-03-30 12:25:58 |
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| DRH or SHO: Which Is the Better Value Stock Right Now? |
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with DiamondRock Hospitality (DRH) and Sunstone Hotel Investors (SHO). But which of these two stocks is more attractive to value investors? |
zacks.com |
2025-03-04 14:45:53 |
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| Credit Scoring Of Sunstone Hotel Investors Confirms Our Purchase Of The Preferred Shares |
Sunstone Hotel Investors received a Baa2 to Baa3 equivalent credit score, reflecting its financial strength despite operating in the riskier hotel industry. SHO's balance sheet metrics are comparable to high-rated REIT Agree Realty, but SHO offers a 1.3% higher yield on preferred shares. Moody's rates SHO lower due to the hotel industry's perceived higher risk and cyclical nature, despite stable revenue and operating expenses. |
seekingalpha.com |
2025-03-03 20:25:00 |
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| Sunstone Hotel Investors, Inc. (SHO) Q4 2024 Earnings Call Transcript |
Sunstone Hotel Investors, Inc. (NYSE:SHO ) Q4 2024 Earnings Conference Call February 21, 2025 1:00 PM ET Company Participants Aaron Reyes - CFO Bryan Giglia - CEO Robert Springer - President and Chief Investment Officer Conference Call Participants Duane Pfennigwerth - Evercore ISI Smedes Rose - Citi Dori Kesten - Wells Fargo Michael Bellisario - Baird Chris Darling - Green Street Chris Woronka - Deutsche Bank Floris van Dijkum - Compass Point Patrick Scholes - Truist Securities Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Sunstone Hotel Investors Fourth Quarter Earnings Call. |
seekingalpha.com |
2025-02-21 23:27:31 |
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| SHO: The Preferred Stocks' 7.3% Yield Outshines The FFO Yield |
Sunstone Hotel Investors Inc. (SHO) is a relatively safe Hotel REIT due to its strong financials, including a 400% asset coverage ratio and no secured debt. SHO's preferred stocks offer a 7.3% yield, outperforming common stock's expected 8% FFO yield, making them a better risk-adjusted investment. SHO's preferred stocks have narrowed their spread to the 20-year Treasury, suggesting potential for higher credit ratings and narrower spreads in the future. |
seekingalpha.com |
2025-02-21 19:27:40 |
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| Sunstone Hotel (SHO) Reports Q4 Earnings: What Key Metrics Have to Say |
The headline numbers for Sunstone Hotel (SHO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-02-21 12:30:37 |
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| Sunstone Hotel Investors (SHO) Beats Q4 FFO and Revenue Estimates |
Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to FFO of $0.19 per share a year ago. |
zacks.com |
2025-02-21 11:40:28 |
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| SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2024 |
ALISO VIEJO, Calif. , Feb. 21, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the fourth quarter and full year ended December 31, 2024. |
prnewswire.com |
2025-02-21 09:30:00 |
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| Unveiling Sunstone Hotel (SHO) Q4 Outlook: Wall Street Estimates for Key Metrics |
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Sunstone Hotel (SHO), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024. |
zacks.com |
2025-02-17 12:20:58 |
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| SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2024 DIVIDENDS |
ALISO VIEJO, Calif. , Jan. 30, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced the following tax treatment of the 2024 distributions to holders of the Company's common stock and Series H and Series I preferred stock. |
prnewswire.com |
2025-01-30 18:15:00 |
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| The State Of REITs: January 2025 Edition |
The REIT sector took a beating in December with an average total return of -6.85% but still finished in the black for full year 2024 (+3.70%). Small cap (-5.98%) and mid cap REITs (-6.62%) outperformed large caps (-7.43%) and micro caps (-8.63%) in December. Only 9.68% of REIT securities had a positive total return in December. 55.63% had a positive total return for all of 2024. |
seekingalpha.com |
2025-01-23 01:19:28 |
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| SUNSTONE HOTEL INVESTORS SCHEDULES FOURTH QUARTER AND FULL YEAR 2024 EARNINGS RELEASE AND CONFERENCE CALL |
ALISO VIEJO, Calif. , Jan. 13, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the fourth quarter and full year 2024 on Friday, February 21, 2025, before the market opens. |
prnewswire.com |
2025-01-13 18:15:00 |
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| PINE or SHO: Which Is the Better Value Stock Right Now? |
Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Alpine Income (PINE) and Sunstone Hotel Investors (SHO). But which of these two companies is the best option for those looking for undervalued stocks? |
zacks.com |
2024-12-24 14:41:11 |
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| Top 3 Real Estate Stocks That May Plunge This Month |
As of Dec. 16, 2024, three stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. |
benzinga.com |
2024-12-16 11:20:51 |
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| Sunstone Hotel Investors, Inc. (SHO) Q3 2024 Earnings Call Transcript |
Sunstone Hotel Investors, Inc. (NYSE:SHO ) Q3 2024 Earnings Conference Call November 12, 2024 12:00 PM ET Company Participants Aaron Reyes – Chief Financial Officer Bryan Giglia – Chief Executive Officer Robert Springer – President and Chief Investment Officer Conference Call Participants Michael Bellisario – Baird Dori Kesten – Wells Fargo Keegan Carl – Wolfe Research Smedes Rose – Citi Duane Pfennigwerth – Evercore ISI David Katz – Jefferies Chris Darling – Green Street Stephen Grambling – Morgan Stanley Chris Woronka – Deutsche Bank Floris van Dijkum – Compass Point Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Sunstone Hotel Investors Third Quarter 2024 Earnings Call. |
seekingalpha.com |
2024-11-12 18:32:28 |
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| Sunstone Hotel (SHO) Reports Q3 Earnings: What Key Metrics Have to Say |
While the top- and bottom-line numbers for Sunstone Hotel (SHO) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2024-11-12 13:00:41 |
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| Sunstone Hotel Investors (SHO) Misses Q3 FFO Estimates |
Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.18 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to FFO of $0.23 per share a year ago. |
zacks.com |
2024-11-12 11:56:10 |
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| SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2024 |
Refinances Only 2024 Maturity ALISO VIEJO, Calif. , Nov. 12, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the third quarter ended September 30, 2024. |
prnewswire.com |
2024-11-12 09:30:00 |
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| Stay Ahead of the Game With Sunstone Hotel (SHO) Q3 Earnings: Wall Street's Insights on Key Metrics |
Beyond analysts' top -and-bottom-line estimates for Sunstone Hotel (SHO), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024. |
zacks.com |
2024-11-07 12:21:07 |
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| Sunstone Hotel Investors: 6.74% Preferred Shares Are Losing Appeal |
Sunstone Hotel Investors' preferred shares are attractive due to a robust balance sheet and excellent dividend coverage, despite a recent AFFO guidance reduction. The preferred dividends are well-covered, with less than 10% of adjusted AFFO needed, ensuring financial stability even with seasonality impacts. Series H preferred shares offer a higher current yield (6.74%) compared to Series I (6.65%), making them slightly more attractive, though both are 'hold' at best. |
seekingalpha.com |
2024-10-28 12:30:00 |
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| SUNSTONE HOTEL INVESTORS PROVIDES OPERATIONS UPDATE |
ALISO VIEJO, Calif. , Oct. 10, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today provided an update on recent operating activity for the third quarter and the estimated resulting impact on its previously provided full-year 2024 outlook. |
prnewswire.com |
2024-10-10 20:15:00 |
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| SUNSTONE HOTEL INVESTORS SCHEDULES THIRD QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL |
ALISO VIEJO, Calif. , Sept. 30, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the third quarter 2024 on Tuesday, November 12, 2024, before the market opens. |
prnewswire.com |
2024-09-30 20:15:00 |
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| Sunstone Hotel Investors, Inc. (SHO) Q2 2024 Earnings Call Transcript |
Sunstone Hotel Investors, Inc. (NYSE:SHO ) Q2 2024 Earnings Conference Call August 7, 2024 12:00 PM ET Company Participants Aaron Reyes - Chief Financial Officer Bryan Giglia - Chief Executive Officer Robert Springer - President and Chief Investment Officer Chris Ostapovicz - Chief Operating Officer Conference Call Participants Michael Bellisario - Baird Dori Kesten - Wells Fargo Duane Pfennigwerth - Evercore ISI Smedes Rose - Citi David Katz - Jefferies Chris Darling - Green Street Chris Woronka - Deutsche Bank Floris Van Dijkum - Compass Point Operator Good morning, ladies and gentlemen and thank you for standing by. Welcome to the Sunstone Hotel Investors Second Quarter 2024 Earnings Call. |
seekingalpha.com |
2024-08-07 20:55:28 |
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| Sunstone Hotel (SHO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates |
While the top- and bottom-line numbers for Sunstone Hotel (SHO) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2024-08-07 14:36:34 |
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| Sunstone Hotel Investors (SHO) Beats Q2 FFO Estimates |
Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.28 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to FFO of $0.33 per share a year ago. |
zacks.com |
2024-08-07 13:40:17 |
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| SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR SECOND QUARTER 2024 |
ALISO VIEJO, Calif. , Aug. 7, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the second quarter ended June 30, 2024. |
prnewswire.com |
2024-08-07 11:30:00 |
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| SHO vs. GLPI: Which Stock Is the Better Value Option? |
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Sunstone Hotel Investors (SHO) and Gaming and Leisure Properties (GLPI). But which of these two stocks offers value investors a better bang for their buck right now? |
zacks.com |
2024-07-15 16:47:31 |
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| The Dangers Of High Yield Preferreds |
Some high yield preferreds offer stable double-digit yields and potential for capital gains, trading at discounts to par value. Preferreds are paid through dividends, liquidation preference, and redemption, but sit below debt in the capital stack, making them riskier than bonds. Risks include lack of equity cushion, business volatility, and bad actor risk, highlighting the importance of thorough research and caution when investing in preferreds. |
seekingalpha.com |
2024-07-05 20:09:05 |
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| Sunstone Hotel: Better Wait For A Better Price |
Sunstone manages a high-quality hotel portfolio located in coastal markets. It has good growth prospects and very low leverage, but also a low dividend yield. The valuation is not very attractive, which presents a significant risk for investors. |
seekingalpha.com |
2024-07-04 05:19:27 |
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| SUNSTONE HOTEL INVESTORS SCHEDULES SECOND QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL |
ALISO VIEJO, Calif. , June 24, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the second quarter 2024 on Wednesday, August 7, 2024, before the market opens. |
prnewswire.com |
2024-06-24 20:15:00 |
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| 7 Travel Stocks to Buy as a Summer Surge Sees Record Trips |
Despite talk of the “revenge travel” trend cooling down, recent headlines strongly suggest that travel demand is coming back with a vengeance. Or, at the very least, holding steady at elevated levels. |
investorplace.com |
2024-06-17 14:22:44 |
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| Sunstone Hotel Investors: 7.2%-Yielding Preferred Shares Offer Great Risk/Reward |
The Sunstone Hotel Investors, Inc. preferred share price of the Series H has come down from a Q1 spike. Sunstone Hotel Investors reported a net income of $13M in Q1, with a decrease in AFFO per share compared to previous years. Sunstone's redevelopment plan and capital expenditures may cause short-term pain but are expected to result in long-term gains. The anticipated preferred dividend payout ratio is just under 8%. |
seekingalpha.com |
2024-06-08 15:40:00 |
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