sunstone hotel investors, inc. (nyse:sho) is a lodging real estate investment trust (reit) that invests in hotels primarily in the upper-upscale segment operated under nationally recognized brands such as marriott, hyatt, hilton, starwood and fairmont.
![Sunstone Hotel Investors logo](https://files.capedge.com/8-K/0001558370-20-000872/ex-99d1g001.jpg)
Company profile
Ticker
SHO, SHO-PH, SHO-PI
Exchange
Website
CEO
John Arabia
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Boston 1927 Lessee, Inc. • Boston 1927 Owner, LLC • Calistoga Vines, LLC • Calistoga Vines Lessee, Inc. • Golden Palms, LLC • Golden Palms Lessee, Inc. • Grateful Red, LLC • Gumbo Alley, LLC • Jenolia RIP, LLC • Key West 2016, LLC ...
IRS number
201296886
SHO stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
6 May 24
8-K
Sunstone Hotel Investors Reports Results for First Quarter 2024
6 May 24
DEFA14A
Additional proxy soliciting materials
11 Apr 24
ARS
2023 FY
Annual report to shareholders
20 Mar 24
DEFA14A
Additional proxy soliciting materials
20 Mar 24
DEF 14A
Definitive proxy
20 Mar 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Sunstone Hotel Investors Reports Results for Fourth Quarter and Full Year 2023
23 Feb 24
8-K
Sunstone Hotel Investors Declares Fourth Quarter Dividend on Common Stock
6 Dec 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
Transcripts
SHO
Earnings call transcript
2024 Q1
6 May 24
SHO
Earnings call transcript
2023 Q4
23 Feb 24
SHO
Earnings call transcript
2023 Q3
7 Nov 23
SHO
Earnings call transcript
2023 Q2
4 Aug 23
SHO
Earnings call transcript
2023 Q2
4 Aug 23
SHO
Earnings call transcript
2023 Q1
5 May 23
SHO
Earnings call transcript
2022 Q4
22 Feb 23
SHO
Earnings call transcript
2022 Q3
8 Nov 22
SHO
Earnings call transcript
2022 Q2
4 Aug 22
SHO
Earnings call transcript
2022 Q1
8 May 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 471.00 mm | 471.00 mm | 471.00 mm | 471.00 mm | 471.00 mm | 471.00 mm |
Cash burn (monthly) | 7.57 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 29.26 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 441.73 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 58.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
93.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 228 |
Opened positions | 202 |
Closed positions | 2 |
Increased positions | 11 |
Reduced positions | 11 |
13F shares | Current |
---|---|
Total value | 2.01 tn |
Total shares | 190.10 mm |
Total puts | 1.10 k |
Total calls | 34.40 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 37.82 mm | $421.35 bn |
Vanguard | 32.33 mm | $360.11 bn |
STT State Street | 12.46 mm | $139.65 bn |
Northwood Liquid Management | 9.44 mm | $105.13 bn |
BX Blackstone | 8.65 mm | $96.31 bn |
BEN Franklin Resources | 6.39 mm | $71.24 bn |
Geode Capital Management | 4.97 mm | $55.42 bn |
JPM JPMorgan Chase & Co. | 3.92 mm | $43.71 bn |
BK Bank Of New York Mellon | 3.46 mm | $38.55 bn |
LGEN Legal & General | 3.32 mm | $37.02 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 May 24 | Baird W Blake | Common Stock | Grant | Acquire A | No | No | 0 | 9,906 | 0.00 | 82,955 |
3 May 24 | Digilio Monica S | Common Stock | Grant | Acquire A | No | No | 0 | 9,906 | 0.00 | 50,568 |
3 May 24 | Batinovich Andrew | Common Stock | Grant | Acquire A | No | No | 0 | 9,906 | 0.00 | 126,503 |
3 May 24 | McCabe Murray J. | Common Stock | Grant | Acquire A | No | No | 0 | 9,906 | 0.00 | 95,897 |
3 May 24 | Leslie Kristina M | Common Stock | Grant | Acquire A | No | No | 0 | 9,906 | 0.00 | 38,098 |
News
A Glimpse Into The Expert Outlook On Sunstone Hotel Invts Through 4 Analysts
10 Jul 24
Wolfe Research Upgrades Sunstone Hotel Invts to Outperform, Announces $12 Price Target
10 Jul 24
4 Analysts Have This To Say About Sunstone Hotel Invts
30 May 24
Truist Securities Maintains Hold on Sunstone Hotel Invts, Lowers Price Target to $12
30 May 24
Baird Upgrades Sunstone Hotel Invts to Outperform, Raises Price Target to $12
28 May 24