Last $14.36 USD
Change Today +0.35 / 2.50%
Volume 1.6M
SHO On Other Exchanges
Symbol
Exchange
New York
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As of 6:40 PM 10/20/14 All times are local (Market data is delayed by at least 15 minutes).

sunstone hotel investors inc (SHO) Snapshot

Open
$13.99
Previous Close
$14.01
Day High
$14.36
Day Low
$13.99
52 Week High
06/9/14 - $15.39
52 Week Low
02/5/14 - $12.33
Market Cap
2.9B
Average Volume 10 Days
1.9M
EPS TTM
$0.23
Shares Outstanding
205.4M
EX-Date
09/26/14
P/E TM
62.4x
Dividend
$0.20
Dividend Yield
1.39%
Current Stock Chart for SUNSTONE HOTEL INVESTORS INC (SHO)

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sunstone hotel investors inc (SHO) Details

Sunstone Hotel Investors, Inc. operates as a real estate investment trust. The firm engages in the acquisition, ownership, asset management, renovation, and sale of luxury, upper upscale, and upscale full-service hotels in the United States. Its portfolio also includes mid-scale hotels. Sunstone Hotel Investors was founded in 1995 and is based in Aliso Viejo, California.

76 Employees
Last Reported Date: 02/25/14
Founded in 1995

sunstone hotel investors inc (SHO) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $613.5K
President and Director
Total Annual Compensation: $414.1K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $323.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $404.3K
Chief Investment Officer and Senior Vice Pres...
Total Annual Compensation: $309.4K
Compensation as of Fiscal Year 2013.

sunstone hotel investors inc (SHO) Key Developments

Sunstone Hotel Investors Inc. Presents at BMO 9th Annual North American Real Estate Conference, Sep-15-2014

Sunstone Hotel Investors Inc. Presents at BMO 9th Annual North American Real Estate Conference, Sep-15-2014 . Venue: Four Seasons Hotel, Chicago, Illinois, United States.

Sunstone Hotel Investors Inc. Declares Dividends on Common Stock and Preferred Stock, Payable on or Before October 15, 2014

Sunstone Hotel Investors Inc. announced that its Board of Directors declared a cash dividend of $0.05 per share payable to its common stockholders. The company's Board of Directors also declared a cash dividend of $0.50 per share payable to its Series D cumulative redeemable preferred stockholders. The dividends will be paid on or before October 15, 2014 to common and preferred stockholders of record on September 30, 2014.

Sunstone Hotel Investors Inc. Reports Unaudited Consolidated Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter Ending September 30, 2014; Revises Earnings Guidance for the Year Ending December 31, 2014

Sunstone Hotel Investors Inc. reported unaudited consolidated earnings and operating results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenue of $300,852,000, operating income of $55,886,000, income before income taxes and discontinued operations of $38,446,000, income available to common stockholders of $39,265,000 or $0.22 per basic and diluted share against total revenue of $234,638,000, operating income of $36,622,000, income before income taxes and discontinued operations of $20,138,000, income available to common stockholders of $15,139,000 or $0.09 per basic and diluted share a year ago. Income from continuing operations were $38,336,000 or $0.19 per basic and diluted share against $20,009,000 or $0.09 per basic and diluted share a year ago. EBITDA was $97,928,000 against $67,892,000 a year ago. FFO was $74,409,000 against $50,734,000 a year ago. Adjusted EBITDA was $94,452,000 against $70,276,000 a year ago. Adjusted FFO available to common stockholders was $72.163 million or $0.41 per diluted share against $48.720 million or $0.31 per diluted share a year ago. For the six months, the company reported total revenue of $544,335,000, operating income of $70,181,000, income before income taxes and discontinued operations of $35,174,000, income available to common stockholders of $31,254,000 or $0.17 per basic and diluted share against total revenue of $429,559,000, operating income of $40,190,000, income before income taxes and discontinued operations of $6,811,000, income available to common stockholders of $32,719,000 or $0.21 per basic and diluted share a year ago. Income from continuing operations were $34,840,000 or $0.14 per basic and diluted share against $525,000 or $0.10 basic and diluted loss per share a year ago. EBITDA was $147,968,000 against $153,223,000 a year ago. FFO was $106,114,000 against $61,008,000 a year ago. Adjusted EBITDA was $143,826,000 against $108,711,000 a year ago. Adjusted FFO available to common stockholders was $99.8 million or $0.58 per diluted share against $62.732 million or $0.39 per diluted share a year ago. For the quarter, the company reported comparable hotel RevPAR of $171.69, comparable hotel occupancy of 86.6% and comparable hotel ADR of $198.26 against comparable hotel RevPAR of $161.74, comparable hotel occupancy of 84.4% and comparable hotel ADR of $191.63 a year ago. For the six months, the company reported comparable Hotel RevPAR of $153.95, comparable hotel occupancy of 82.2% and comparable hotel ADR of $187.29 against comparable hotel RevPAR of $143.59, comparable hotel occupancy of 79.1% and comparable hotel ADR of $181.53 a year ago. The company provided earnings guidance for the third quarter ending September 30, 2014. The company expects net income of $26.3 million to $29.3 million, adjusted EBITDA of $83.4 million to $86.4 million, adjusted FFO available to common stockholders of $61.1 million to $64.1 million or $0.30 per diluted share to $0.32 per diluted share. Depreciation and amortization expected to be $40.050 million. Interest expense expected to be $17.000 million. The company revised earnings guidance for the year ending December 31, 2014, the company expects net income of $73 million to $84 million against previous guidance of $66 million to $81 million, adjusted EBITDA of $296 million to $307 million against previous guidance of $281 million to $296 million, adjusted FFO available to common stockholders of $211 million to $222 million or $1.09 per diluted share against previous guidance of $196 million to $211 million or $1.07 per diluted share. Depreciation and amortization expected to be $156.2 million. Interest expense expected to be $69.5 million.

 

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SHO

Industry Average

Valuation SHO Industry Range
Price/Earnings 61.4x
Price/Sales 2.5x
Price/Book 1.4x
Price/Cash Flow 14.3x
TEV/Sales 0.9x
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