(USD) | Dec 2023 | Q/Q |
---|---|---|
Revenue | 219.2MM | -11% |
Operating Income | 129.8MM | - |
Operating Expenses | 200.6MM | -9% |
Net Income | 127MM | - |
G&A | 7.4MM | +4% |
Marketing | 3.8MM | -5% |
Amortization | 29.1MM | -12% |
Interest Expense | 16.8MM | +41% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The heavy selling pressure might have exhausted for Sunstone Hotel (SHO) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
SHO vs. STAG: Which Stock Is the Better Value Option?
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that its upcoming 2024 Annual Meeting of Stockholders (the "Annual Meeting") will now be held at the Company's headquarters at 15 Enterprise, Suite 200, Aliso Viejo, California 92656. The Annual Meeting will be held at the originally scheduled date and time on Friday, May 3, 2024 at 8:00 a.m., Pacific Time.
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it has entered into a definitive agreement with an affiliate of Hyatt Hotels Corporation to acquire the fee-simple interest in the 630-room Hyatt Regency San Antonio Riverwalk (the "Hotel"). The exceptionally well-located Hotel is situated directly between San Antonio's famous Riverwalk and the Alamo, the two most visited tourist sites in Texas. The acquisition includes nearly two acres of riverfront land and
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the first quarter 2024 on Monday, May 6, 2024, before the market opens. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time).
ESRT vs. SHO: Which Stock Is the Better Value Option?
ESRT vs. SHO: Which Stock Is the Better Value Option?
After three difficult years beginning with the onset of the COVID-19 pandemic, hotel real estate investment trusts (REITs) are headed to better times. Earnings are improving and hotels have been slowly but surely increasing dividends that were either cut or suspended in 2020. Hotel REITs, like many other REIT subsectors, touched 2023 lows at the end of October. But since then, many in the hotel subsector have been on fire, with total gains among several of them between 25% and 50%. This week, se
Sunstone Hotel Investors, Inc. (NYSE:SHO) Q4 2023 Earnings Call Transcript February 23, 2024 Sunstone Hotel Investors, Inc. beats earnings expectations. Reported EPS is $0.623, expectations were $0.16. Sunstone Hotel Investors, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good […]
Q4 2023 Sunstone Hotel Investors Inc Earnings Call