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.
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.
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.
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.
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.
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.
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.
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?
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.
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%.
Bargain Hunting: 3 Stocks to Scoop Up During the Dip in May
Wall Street has a timeless piece of investment wisdom to “buy low, sell high,” which is particularly relevant in today's volatile market environment. Despite the recent surge in the main equity indices, not all stocks have participated in the rally, presenting a unique opportunity for savvy investors.
