Sunstone Hotel Investors (SHO) Projected to Post Earnings on Friday

Sunstone Hotel Investors (NYSE:SHO - Get Free Report) is projected to post its quarterly earnings results before the market opens on Friday, February 21st. Analysts expect Sunstone Hotel Investors to post earnings of $0.14 per share and revenue of $211.17 million for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

Sunstone Hotel Investors Price Performance

NYSE SHO traded up $0.07 during mid-day trading on Monday, hitting $11.20. The stock had a trading volume of 947,604 shares, compared to its average volume of 1,983,473. The firm's 50 day moving average is $11.72 and its 200 day moving average is $10.84. Sunstone Hotel Investors has a twelve month low of $9.39 and a twelve month high of $12.41. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.98 and a quick ratio of 2.98. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 14.73, a PEG ratio of 3.78 and a beta of 1.20.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Wells Fargo & Company increased their price objective on Sunstone Hotel Investors from $11.00 to $13.00 and gave the company an "equal weight" rating in a research note on Monday, December 9th. Jefferies Financial Group increased their price objective on Sunstone Hotel Investors from $10.00 to $12.00 and gave the company a "hold" rating in a research note on Thursday, January 2nd. Finally, Morgan Stanley reaffirmed an "underweight" rating and issued a $10.00 target price on shares of Sunstone Hotel Investors in a research note on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $11.86.

About Sunstone Hotel Investors

Sunstone Hotel Investors, Inc is a lodging real estate investment trust ("REIT") that as of the date of this release owns 14 hotels comprised of 6,675 rooms, the majority of which are operated under nationally recognized brands. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate.