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Sunstone Hotel Investors Inc (NYSE: SHO) closed the day trading at $11.49 up 0.79% from the previous closing price of $11.40. In other words, the price has increased by $0.79 from its previous closing price. On the day, 1.2 million shares were traded. SHO stock price reached its highest trading level at $11.605 during the session, while it also had its lowest trading level at $11.41.
Ratios:
For a better understanding of SHO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 101.07. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.36.
On September 13, 2024, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight but kept the price unchanged to $10.50.
Wolfe Research Upgraded its Peer Perform to Outperform on July 10, 2024, while the target price for the stock was maintained at $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHO now has a Market Capitalization of 2308352256 and an Enterprise Value of 3302293248. As of this moment, Sunstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.20, and their Forward P/E ratio for the next fiscal year is 46.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 3.628 whereas that against EBITDA is 15.818.
Stock Price History:
The Beta on a monthly basis for SHO is 1.21, which has changed by 0.057513952 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, SHO has reached a high of $12.41, while it has fallen to a 52-week low of $9.39. The 50-Day Moving Average of the stock is -0.67%, while the 200-Day Moving Average is calculated to be 8.54%.
Shares Statistics:
Over the past 3-months, SHO traded about 2.80M shares per day on average, while over the past 10 days, SHO traded about 1944030 shares per day. A total of 200.92M shares are outstanding, with a floating share count of 198.45M. Insiders hold about 1.22% of the company’s shares, while institutions hold 99.86% stake in the company. Shares short for SHO as of 1736899200 were 8973742 with a Short Ratio of 3.21, compared to 1734048000 on 12610370. Therefore, it implies a Short% of Shares Outstanding of 8973742 and a Short% of Float of 6.9699995.
Dividends & Splits
SHO’s forward annual dividend rate is 0.34, up from 0.32 a year ago. Against a Trailing Annual Dividend Yield of 0.028070176The stock’s 5-year Average Dividend Yield is 5.84.