Sunstone Hotel Investors Inc (NYSE: SHO) on November 20, 2023, started off the session at the price of $9.98, soaring 0.10% from the previous trading day. During the day, the shares moved up to $9.98 and dropped to $9.85 before settling in for the closing price of $9.93. Within the past 52 weeks, SHO’s price has moved between $8.60 and $11.38.
Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 17.30%. The company achieved an average annual earnings per share of -0.74%. With a float of $203.31 million, this company’s outstanding shares have now reached $209.32 million.
Considering the fact that the conglomerate employs 40 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +21.82, operating margin of +11.31, and the pretax margin is +9.99.
Sunstone Hotel Investors Inc (SHO) Insider Activity
Observing investor behavior towards REIT – Hotel & Motel industry stocks is more important than anything else. The insider ownership of Sunstone Hotel Investors Inc is 1.04%, while institutional ownership is 106.71%.
Sunstone Hotel Investors Inc (SHO) Earnings and Forecasts
This company achieved a net margin of +9.52 while generating a return on equity of 4.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 15.70 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.90% during the next five years compared to -9.48% drop over the previous five years of trading.
Sunstone Hotel Investors Inc (NYSE: SHO) Trading Performance Indicators
Sunstone Hotel Investors Inc (SHO) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.02. Likewise, its price to free cash flow for the trailing twelve months is 16.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.40, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.23 in one year’s time.
Technical Analysis of Sunstone Hotel Investors Inc (SHO)
Compared to the last year’s volume of 2.26 million, its volume of 2.79 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 80.19%. Additionally, its Average True Range was 0.24.
During the past 100 days, Sunstone Hotel Investors Inc’s (SHO) raw stochastic average was set at 63.64%, which indicates a significant decrease from 88.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.55% in the past 14 days, which was higher than the 25.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.40, while its 200-day Moving Average is $9.74. Nevertheless, the first resistance level for the watch stands at $10.00 in the near term. At $10.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.13. If the price goes on to break the first support level at $9.87, it is likely to go to the next support level at $9.79. Should the price break the second support level, the third support level stands at $9.74.
Sunstone Hotel Investors Inc (NYSE: SHO) Key Stats
Market capitalization of the company is 2.04 billion based on 205,444K outstanding shares. Right now, sales total 912,050 K and income totals 87,290 K. The company made 247,700 K in profit during its latest quarter, and 15,560 K in sales during its previous quarter.