Welcome to our dedicated page for Sunstone Hotel Inv news (Ticker: SHO), a resource for investors and traders seeking the latest updates and insights on Sunstone Hotel Inv stock.
Sunstone Hotel Investors, Inc. reports news as a lodging real estate investment trust focused on acquiring, actively owning and disposing of well-located hotel and resort real estate. Company updates commonly address portfolio operating metrics such as RevPAR, average daily rate and occupancy, along with Adjusted EBITDAre, Adjusted FFO and net income for its hotel ownership business.
Recurring announcements also cover capital allocation and balance-sheet activity, including common and preferred stock repurchases, dividends and tax treatment of distributions. Other company developments include credit facility amendments, capital recycling commentary, hotel portfolio performance in resort and urban markets, and governance updates involving the board of directors and executive structure.
Sunstone Hotel Investors (NYSE:SHO), a lodging real estate investment trust (REIT), has scheduled its third quarter 2025 earnings release for Friday, November 7, 2025, before market opening. The company will host its quarterly conference call the same day at 11:00 a.m. Eastern Time.
Investors can access the live webcast through the company's Investor Relations website at sunstonehotels.com, or join via phone at 1-800-715-9871 using Conference ID 1026321. A transcript of the call will be archived on the website for future reference.
Sunstone Hotel Investors (NYSE:SHO) reported Q2 2025 results with mixed performance. Net income decreased to $10.8 million from $26.1 million year-over-year, while Total Portfolio RevPAR increased 2.2% to $241.22. The company completed the sale of Hilton New Orleans St. Charles for $47.0 million and continued its share repurchase program, buying back $100 million worth of shares at an average price of $8.83 in 2025.
The company revised its 2025 guidance downward, now expecting RevPAR growth of 3-5%, down from previous 4-7%, citing weaker leisure demand in Maui, slower ramp-up at Andaz Miami Beach, and subdued government business in Washington, DC. Adjusted EBITDAre guidance was lowered to $226-240 million, and the company declared a quarterly dividend of $0.09 per share.
Sunstone Hotel Investors (NYSE: SHO), a lodging real estate investment trust (REIT), has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results on Wednesday, August 6, 2025, before market opening, followed by a conference call at 11:00 a.m. Eastern Time.
Stakeholders can access the conference call through multiple channels: via webcast through the company's Investor Relations website at www.sunstonehotels.com, or by dialing 1-800-715-9871 (Conference ID: 1026321). A transcript of the call will be archived on the company's website for future reference.
[]Sunstone Hotel Investors (NYSE: SHO) has scheduled its first quarter 2025 financial results announcement for Tuesday, May 6, 2025, before market opening. The company will host a conference call on the same day at 10:30 a.m. Eastern Time (7:30 a.m. Pacific Time).
Stakeholders can access the live webcast through the Investor Relations section of Sunstone's website. Alternatively, interested parties may participate via phone by dialing 1-800-715-9871 with Conference ID 1026321. A transcript of the call will be archived on the company's website.
Sunstone Hotel Investors, a lodging Real Estate Investment Trust (REIT), focuses on creating long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate.
Sunstone Hotel Investors (NYSE: SHO) reported its Q4 and full-year 2024 results, showing mixed performance. Q4 net income decreased to $0.8 million from $127.0 million in Q4 2023, while comparable RevPAR declined 1.1% to $199.07. Full-year net income was $43.3 million, down from $206.7 million in 2023.
The company completed several strategic initiatives in 2024, including the acquisition of the Hyatt Regency San Antonio Riverwalk, the renovation and rebranding of Marriott Long Beach Downtown, and substantial progress on converting The Confidante Miami Beach to Andaz Miami Beach. During 2024, SHO repurchased 2.7 million shares at an average price of $9.83 per share, totaling $27.2 million.
As of December 31, 2024, Sunstone maintained a strong balance sheet with $180.3 million in cash and cash equivalents, $2.9 billion in hotel property investments, and total debt of $845.0 million. The company plans to invest $80-100 million in its portfolio in 2025.
Sunstone Hotel Investors (NYSE: SHO) has announced the tax treatment of its 2024 distributions for common and preferred stockholders. For common stock (SHO), quarterly dividends were $0.07 per share in Q1, increasing to $0.09 per share for Q2-Q4. The Q4 dividend payable on January 15, 2025, will be split for tax purposes: 33.33% ($0.03) taxable in 2024 and 66.67% ($0.06) taxable in 2025.
For preferred stockholders, Series H (SHO PR H) maintained consistent quarterly distributions of $0.382813 per share, while Series I (SHO PR I) distributed $0.356250 per share quarterly. All distributions qualify as Section 199A dividends, except for the portion of the common stock's Q4 dividend taxable in 2025.
Sunstone Hotel Investors (NYSE: SHO) has announced its schedule for the release of fourth quarter and full year 2024 financial results, set for Friday, February 21, 2025, before market opening. The company will host a conference call with management on the same day at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).
Investors can access the live webcast through the Investor Relations section of Sunstone's website, with a transcript to be archived online. Alternatively, interested parties can participate via phone by dialing 1-800-715-9871 using Conference ID 1026321.
Sunstone operates as a lodging real estate investment trust (REIT), focusing on creating long-term stakeholder value through acquisition, active ownership, and disposition of well-located hotel and resort real estate.
Sunstone Hotel Investors (NYSE: SHO) reported Q3 2024 results showing a net income decrease to $3.2 million from $15.6 million year-over-year. Comparable RevPAR decreased 1.3% to $207.56, with ADR at $301.69 and occupancy at 68.8%. Adjusted EBITDAre decreased 15.9% to $53.6 million, while Adjusted FFO per diluted share fell 21.7% to $0.18.
The company repurchased 2.3M shares at an average price of $9.79 since Q3 start. They secured a new $100M term loan and updated the Andaz Miami Beach project completion to February 2025. Full-year 2024 guidance was revised downward, with net income now expected between $31-41M and Adjusted EBITDAre between $220-230M.