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%.
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.