Sunstone Hotel Investors Inc (SHO) concluded trading on Wednesday at a closing price of $12.05, with 5.57 million shares of worth about $67.06 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 19.31% during that period and on December 18, 2024 the price saw a loss of about -2.67%. Currently the company’s common shares owned by public are about 200.92M shares, out of which, 198.45M shares are available for trading.
Stock saw a price change of -1.47% in past 5 days and over the past one month there was a price change of 19.90%. Year-to-date (YTD), SHO shares are showing a performance of 12.30% which increased to 14.09% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.39 but also hit the highest price of $12.41 during that period. The average intraday trading volume for Sunstone Hotel Investors Inc shares is 2.79 million. The stock is currently trading 4.69% above its 20-day simple moving average (SMA20), while that difference is up 11.55% for SMA50 and it goes to 14.90% higher than SMA200.
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Sunstone Hotel Investors Inc (NYSE: SHO) currently have 200.92M outstanding shares and institutions hold larger chunk of about 99.95% of that.
The stock has a current market capitalization of $2.42B and its 3Y-monthly beta is at 1.24. PE ratio of stock for trailing 12 months is 15.94, while it has posted earnings per share of $0.76 in the same period. Its PEG reads 5.50 while making debt-to-equity ratio of 0.39. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SHO, volatility over the week remained 1.82% while standing at 2.21% over the month.
Stock’s fiscal year EPS is expected to drop by -85.82% while it is estimated to increase by 80.00% in next year. EPS is likely to grow at an annualized rate of 2.90% for next 5-years, compared to annual growth of -2.30% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on September 13, 2024 offering an Equal weight rating for the stock and assigned a target price of $10.50 to it. Coverage by Wolfe Research stated Sunstone Hotel Investors Inc (SHO) stock as an Outperform in their note to investors on July 10, 2024, suggesting a price target of $12 for the stock. On May 28, 2024, Robert W. Baird Upgrade their recommendations, while on May 07, 2024, Compass Point Upgrade their ratings for the stock with a price target of $12. Stock get a Neutral rating from JP Morgan on December 14, 2023.
