Sunstone Hotel Investors (SHO) 12.86 $SHO
Sunstone Hotel Investors Schedules Second Quarter 2016 Earnings Release and Conference Call
PR Newswire - Fri Jul 01, 5:50AM CDT
Sunstone Hotel Investors, Inc. (the "Company"
(NYSE: SHO) announced that it will report financial results for the second quarter 2016 on Monday, August 8, 2016 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, August 9, 2016 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).
SHO: 12.86 (+0.24)
Sunstone Hotel Investors Declares Dividend On Series F Preferred Stock
PR Newswire - Mon Jun 06, 3:30PM CDT
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone" (NYSE: SHO) today announced that its Board of Directors has declared a cash dividend of $0.2016 per share payable to its Series F cumulative redeemable preferred stockholders. The Series F preferred stock dividend reflects the time period of May 17, 2016 to June 30, 2016. The dividend will be paid on July 15, 2016 to stockholders of record as of June 30, 2016.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors Sells The Leasehold Interest In The 203-Room Sheraton Cerritos For $42.0 Million
PR Newswire - Wed May 11, 5:50AM CDT
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone" (NYSE: SHO) today announced that it has sold (the "Sale" the leasehold interest in the 203-room Sheraton Cerritos (the "Hotel" for a contractual price of $42.0 million (or approximately $206,900 per key). The contractual gross sale price of $42.0 million represents a 10.5x multiple on 2015 Hotel Adjusted EBITDA of $4.0 million, and a 8.2% capitalization rate on 2015 Hotel net operating income. The transaction resulted in an estimated net book gain of approximately $17.5 million to $18.5 million, and is expected to increase 2016 taxable income by approximately $16.0 million to $17.0 million.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors, Inc. Prices Public Offering of 6.45% Series F Cumulative Redeemable Preferred Stock
PR Newswire - Tue May 10, 8:00AM CDT
Sunstone Hotel Investors, Inc. (NYSE: SHO) (the "Company" announced today that it has priced an underwritten public offering of 3,000,000 shares of its 6.45% Series F Cumulative Redeemable Preferred Stock (the "Series F Preferred Shares" for gross proceeds of $75 million.
SHO: 12.86 (+0.24)
Sunstone Hotel reports 1Q results
Automated Insights - Mon May 02, 5:37PM CDT
ALISO VIEJO, Calif. (AP) _ Sunstone Hotel Investors Inc. (SHO) on Monday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors Reports Results For First Quarter 2016
PR Newswire - Mon May 02, 4:10PM CDT
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone" (NYSE: SHO) today announced results for the first quarter ended March 31, 2016.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors Announces Changes To The Board Of Directors
PR Newswire - Fri Apr 29, 5:50AM CDT
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone" (NYSE: SHO) today announced that W. Blake Baird and Murray J. McCabe have been elected to the Company's Board of Directors. In addition, Lewis N. Wolff, a Director since 2004, did not stand for reelection and has retired from the Board. These changes are effective as of April 28, 2016 and have expanded the Board to nine members, including eight independent Directors.
CXP: 21.96 (-0.02), SHO: 12.86 (+0.24), TRNO: 25.81 (-0.03), MATX: 33.97 (+0.46), PLD: 49.87 (-0.04), MS: 27.32 (+0.86)
Sunstone Hotel Investors Up 15.7% Since SmarTrend Uptrend Call (SHO)
Comtex SmarTrend(R) - Fri Apr 01, 1:51PM CDT
SmarTrend identified an Uptrend for Sunstone Hotel Investors (NYSE:SHO) on January 28th, 2016 at $11.62. In approximately 2 months, Sunstone Hotel Investors has returned 15.71% as of today's recent price of $13.44.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors Schedules First Quarter 2016 Earnings Release and Conference Call
PR Newswire - Wed Mar 30, 5:45AM CDT
Sunstone Hotel Investors, Inc. (the "Company" (NYSE: SHO) announced that it will report financial results for the first quarter 2016 on Monday, May 2, 2016 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, May 3, 2016 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).
SHO: 12.86 (+0.24)
Downgrade Alert for Sunstone Hotel Investors (SHO)
Comtex SmarTrend(R) - Tue Mar 22, 3:18AM CDT
Sunstone Hotel Investors (NYSE:SHO) was downgraded from Buy to Hold at Evercore ISI today. The stock closed yesterday at $13.43 on volume of 2.5 million shares, below average daily volume of 2.7 million. In the past 52 weeks, shares of Sunstone Hotel Investors have traded between a low of $9.53 and a high of $17.46 and closed yesterday at $13.43, which is 41% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.7%.
SHO: 12.86 (+0.24)
Uptrend Call Working As Sunstone Hotel Investors Stock Rises 18.0% (SHO)
Comtex SmarTrend(R) - Mon Mar 07, 5:19PM CST
SmarTrend identified an Uptrend for Sunstone Hotel Investors (NYSE:SHO) on January 28th, 2016 at $11.62. In approximately 1 month, Sunstone Hotel Investors has returned 17.95% as of today's recent price of $13.70.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors, Inc. Announces the Redemption of 8.0% Series D Cumulative Redeemable Preferred Stock
PR Newswire - Fri Mar 04, 8:05AM CST
Sunstone Hotel Investors, Inc. (the "Company" (NYSE: SHO) announced today that it intends to redeem all of its issued and outstanding 8.0% Series D Cumulative Redeemable Preferred Stock (the "Series D Shares". All of the 4,600,000 issued and outstanding Series D Shares will be redeemed. Series D Shares held through the Depository Trust Company will be redeemed in accordance with the applicable procedures of the Depository Trust Company.
SHO: 12.86 (+0.24)
3 Reasons Airbnb Won't Destroy Hotel REITs
Dave Koppenheffer, The Motley Fool - Motley Fool - Fri Feb 05, 12:08PM CST
If you're willing to bet against the herd, there's a big opportunity brewing in the hotel industry. The rise of Airbnb, from a little-known website that allows people to list and rent their homes into a global brand with a current value of $25...
SHO: 12.86 (+0.24), PEB: 28.40 (+0.91), LHO: 25.47 (+0.61)
Sunstone Hotel Investors Announces Results Of Fourth Quarter Dividend Election And 2015 Dividend Income Tax Treatment
PR Newswire - Fri Jan 29, 3:30PM CST
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone" (NYSE: SHO) announced today the results of its stockholders' elections relating to its fourth quarter dividend of $1.26 per common share, payable on January 29, 2016 to record holders on December 31, 2015, and the 2015 tax treatment of its common stock and Series D preferred stock dividends.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors Has Returned 18.1% Since SmarTrend Recommendation (SHO)
Comtex SmarTrend(R) - Mon Jan 25, 11:55AM CST
SmarTrend identified a Downtrend for Sunstone Hotel Investors (NYSE:SHO) on December 10th, 2015 at $13.57. In approximately 2 months, Sunstone Hotel Investors has returned 18.05% as of today's recent price of $11.12.
SHO: 12.86 (+0.24)
Upgrade Alert for Sunstone Hotel Investors (SHO)
Comtex SmarTrend(R) - Tue Jan 19, 7:09AM CST
Sunstone Hotel Investors (NYSE:SHO) was upgraded from Hold to Buy at Evercore ISI today. The stock closed yesterday at $10.32 on volume of 2.9 million shares, below average daily volume of 3.2 million. Sunstone Hotel Investors, Inc. is a hospitality and lodging real estate investment trust that owns primarily upper scale and upscale hotels in the United States. The Company's hotels are operated under brand names franchised or licensed from others, such as Marriott, Hilton, InterContinental, Hyatt, Starwood, Carlson, and Wyndham.
SHO: 12.86 (+0.24)
Shares of SHO Down 23.9% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Fri Jan 15, 9:17PM CST
SmarTrend identified a Downtrend for Sunstone Hotel Investors (NYSE:SHO) on December 10th, 2015 at $13.57. In approximately 1 month, Sunstone Hotel Investors has returned 23.95% as of today's recent price of $10.32.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors Down 13.2% Since SmarTrend Downtrend Call (SHO)
Comtex SmarTrend(R) - Fri Jan 08, 2:37PM CST
SmarTrend identified a Downtrend for Sunstone Hotel Investors (NYSE:SHO) on December 10th, 2015 at $13.57. In approximately 4 weeks, Sunstone Hotel Investors has returned 13.15% as of today's recent price of $11.79.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors Schedules Second Quarter 2016 Earnings Release and Conference Call
PR Newswire - Fri Jul 01, 5:50AM CDT
Sunstone Hotel Investors, Inc. (the "Company"
(NYSE: SHO) announced that it will report financial results for the second quarter 2016 on Monday, August 8, 2016 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, August 9, 2016 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). SHO: 12.86 (+0.24)
Sunstone Hotel Investors Declares Dividend On Series F Preferred Stock
PR Newswire - Mon Jun 06, 3:30PM CDT
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone"
(NYSE: SHO) today announced that its Board of Directors has declared a cash dividend of $0.2016 per share payable to its Series F cumulative redeemable preferred stockholders. The Series F preferred stock dividend reflects the time period of May 17, 2016 to June 30, 2016. The dividend will be paid on July 15, 2016 to stockholders of record as of June 30, 2016. SHO: 12.86 (+0.24)
Sunstone Hotel Investors Sells The Leasehold Interest In The 203-Room Sheraton Cerritos For $42.0 Million
PR Newswire - Wed May 11, 5:50AM CDT
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone"
(NYSE: SHO) today announced that it has sold (the "Sale" the leasehold interest in the 203-room Sheraton Cerritos (the "Hotel" for a contractual price of $42.0 million (or approximately $206,900 per key). The contractual gross sale price of $42.0 million represents a 10.5x multiple on 2015 Hotel Adjusted EBITDA of $4.0 million, and a 8.2% capitalization rate on 2015 Hotel net operating income. The transaction resulted in an estimated net book gain of approximately $17.5 million to $18.5 million, and is expected to increase 2016 taxable income by approximately $16.0 million to $17.0 million. SHO: 12.86 (+0.24)
Sunstone Hotel Investors, Inc. Prices Public Offering of 6.45% Series F Cumulative Redeemable Preferred Stock
PR Newswire - Tue May 10, 8:00AM CDT
Sunstone Hotel Investors, Inc. (NYSE: SHO) (the "Company"
announced today that it has priced an underwritten public offering of 3,000,000 shares of its 6.45% Series F Cumulative Redeemable Preferred Stock (the "Series F Preferred Shares" for gross proceeds of $75 million. SHO: 12.86 (+0.24)
Sunstone Hotel reports 1Q results
Automated Insights - Mon May 02, 5:37PM CDT
ALISO VIEJO, Calif. (AP) _ Sunstone Hotel Investors Inc. (SHO) on Monday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors Reports Results For First Quarter 2016
PR Newswire - Mon May 02, 4:10PM CDT
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone"
(NYSE: SHO) today announced results for the first quarter ended March 31, 2016. SHO: 12.86 (+0.24)
Sunstone Hotel Investors Announces Changes To The Board Of Directors
PR Newswire - Fri Apr 29, 5:50AM CDT
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone"
(NYSE: SHO) today announced that W. Blake Baird and Murray J. McCabe have been elected to the Company's Board of Directors. In addition, Lewis N. Wolff, a Director since 2004, did not stand for reelection and has retired from the Board. These changes are effective as of April 28, 2016 and have expanded the Board to nine members, including eight independent Directors. CXP: 21.96 (-0.02), SHO: 12.86 (+0.24), TRNO: 25.81 (-0.03), MATX: 33.97 (+0.46), PLD: 49.87 (-0.04), MS: 27.32 (+0.86)
Sunstone Hotel Investors Up 15.7% Since SmarTrend Uptrend Call (SHO)
Comtex SmarTrend(R) - Fri Apr 01, 1:51PM CDT
SmarTrend identified an Uptrend for Sunstone Hotel Investors (NYSE:SHO) on January 28th, 2016 at $11.62. In approximately 2 months, Sunstone Hotel Investors has returned 15.71% as of today's recent price of $13.44.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors Schedules First Quarter 2016 Earnings Release and Conference Call
PR Newswire - Wed Mar 30, 5:45AM CDT
Sunstone Hotel Investors, Inc. (the "Company"
(NYSE: SHO) announced that it will report financial results for the first quarter 2016 on Monday, May 2, 2016 after the market closes. Management will hold its quarterly conference call the next day, on Tuesday, May 3, 2016 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). SHO: 12.86 (+0.24)
Downgrade Alert for Sunstone Hotel Investors (SHO)
Comtex SmarTrend(R) - Tue Mar 22, 3:18AM CDT
Sunstone Hotel Investors (NYSE:SHO) was downgraded from Buy to Hold at Evercore ISI today. The stock closed yesterday at $13.43 on volume of 2.5 million shares, below average daily volume of 2.7 million. In the past 52 weeks, shares of Sunstone Hotel Investors have traded between a low of $9.53 and a high of $17.46 and closed yesterday at $13.43, which is 41% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.7%.
SHO: 12.86 (+0.24)
Uptrend Call Working As Sunstone Hotel Investors Stock Rises 18.0% (SHO)
Comtex SmarTrend(R) - Mon Mar 07, 5:19PM CST
SmarTrend identified an Uptrend for Sunstone Hotel Investors (NYSE:SHO) on January 28th, 2016 at $11.62. In approximately 1 month, Sunstone Hotel Investors has returned 17.95% as of today's recent price of $13.70.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors, Inc. Announces the Redemption of 8.0% Series D Cumulative Redeemable Preferred Stock
PR Newswire - Fri Mar 04, 8:05AM CST
Sunstone Hotel Investors, Inc. (the "Company"
(NYSE: SHO) announced today that it intends to redeem all of its issued and outstanding 8.0% Series D Cumulative Redeemable Preferred Stock (the "Series D Shares". All of the 4,600,000 issued and outstanding Series D Shares will be redeemed. Series D Shares held through the Depository Trust Company will be redeemed in accordance with the applicable procedures of the Depository Trust Company. SHO: 12.86 (+0.24)
3 Reasons Airbnb Won't Destroy Hotel REITs
Dave Koppenheffer, The Motley Fool - Motley Fool - Fri Feb 05, 12:08PM CST
If you're willing to bet against the herd, there's a big opportunity brewing in the hotel industry. The rise of Airbnb, from a little-known website that allows people to list and rent their homes into a global brand with a current value of $25...
SHO: 12.86 (+0.24), PEB: 28.40 (+0.91), LHO: 25.47 (+0.61)
Sunstone Hotel Investors Announces Results Of Fourth Quarter Dividend Election And 2015 Dividend Income Tax Treatment
PR Newswire - Fri Jan 29, 3:30PM CST
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone"
(NYSE: SHO) announced today the results of its stockholders' elections relating to its fourth quarter dividend of $1.26 per common share, payable on January 29, 2016 to record holders on December 31, 2015, and the 2015 tax treatment of its common stock and Series D preferred stock dividends. SHO: 12.86 (+0.24)
Sunstone Hotel Investors Has Returned 18.1% Since SmarTrend Recommendation (SHO)
Comtex SmarTrend(R) - Mon Jan 25, 11:55AM CST
SmarTrend identified a Downtrend for Sunstone Hotel Investors (NYSE:SHO) on December 10th, 2015 at $13.57. In approximately 2 months, Sunstone Hotel Investors has returned 18.05% as of today's recent price of $11.12.
SHO: 12.86 (+0.24)
Upgrade Alert for Sunstone Hotel Investors (SHO)
Comtex SmarTrend(R) - Tue Jan 19, 7:09AM CST
Sunstone Hotel Investors (NYSE:SHO) was upgraded from Hold to Buy at Evercore ISI today. The stock closed yesterday at $10.32 on volume of 2.9 million shares, below average daily volume of 3.2 million. Sunstone Hotel Investors, Inc. is a hospitality and lodging real estate investment trust that owns primarily upper scale and upscale hotels in the United States. The Company's hotels are operated under brand names franchised or licensed from others, such as Marriott, Hilton, InterContinental, Hyatt, Starwood, Carlson, and Wyndham.
SHO: 12.86 (+0.24)
Shares of SHO Down 23.9% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Fri Jan 15, 9:17PM CST
SmarTrend identified a Downtrend for Sunstone Hotel Investors (NYSE:SHO) on December 10th, 2015 at $13.57. In approximately 1 month, Sunstone Hotel Investors has returned 23.95% as of today's recent price of $10.32.
SHO: 12.86 (+0.24)
Sunstone Hotel Investors Down 13.2% Since SmarTrend Downtrend Call (SHO)
Comtex SmarTrend(R) - Fri Jan 08, 2:37PM CST
SmarTrend identified a Downtrend for Sunstone Hotel Investors (NYSE:SHO) on December 10th, 2015 at $13.57. In approximately 4 weeks, Sunstone Hotel Investors has returned 13.15% as of today's recent price of $11.79.
SHO: 12.86 (+0.24)
