Wells Fargo Reiterates Buy Rating for Sunstone Hotel Investors
Wells Fargo maintains its buy rating on Sunstone Hotel Investors with a $13 price target, a 12.95% upside from the current price.
Key Points
- Wells Fargo reiterated its buy rating on Sunstone Hotel Investors, Inc. (NYSE:SHO) with a $13 price target on June 24, 2026.
- Wells Fargo's $13 price target implies 12.95% upside from Sunstone Hotel Investors, Inc.'s ($SHO) current $11.51 share price.
- Sunstone Hotel Investors has a market cap of $2.16 billion, a P/E ratio of 105.45, and a 52-week range of $8.48 to $12.07.
- Notable insider transactions include President and CIO Robert Springer selling 89,631 shares on June 24, 2026.
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Wells Fargo reiterated its buy rating for Sunstone Hotel Investors, Inc. (NYSE:SHO) on June 24, 2026, maintaining a price target of $13. Analyst Cooper Clark led the coverage, signaling continued confidence in the company's prospects.
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Sunstone Hotel Investors, Inc. Stock Up 1.6%
Shares of NYSE:SHO traded near $11.68 on Friday. Sunstone Hotel Investors, a real estate investment trust (REIT) in the hotel and motel sector, has a market cap of approximately $2.16 billion. The company sports a P/E ratio of 105.45 and a forward P/E of 59.49, indicating expectations of future earnings growth. Its beta of 0.994 suggests the stock's volatility is close to the market average. Over the past year, the stock has traded between $8.48 and $12.07, with a 50-day moving average of $10.64 and a 200-day moving average of $9.58.
$SHO price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Sunstone Hotel Investors reported revenue of about $985.8 million, growing by 11% year-over-year. The company achieved a net margin of 3.84% and a return on equity of 1.90%. Earnings per share stood at $0.11. The next earnings report is expected on May 5, 2026.
Dividend
The company offers an annual dividend rate of $0.36, yielding 3.1% based on current prices. The dividend payout ratio is approximately 327.27%, reflecting its commitment to returning value to shareholders.
Insider Buying and Selling at Sunstone Hotel Investors, Inc.
On June 24, 2026, Robert Springer, the President and CIO of Sunstone Hotel Investors, sold 89,631 shares. Earlier, on May 1, 2026, several insiders, including Kristina Leslie and Blake Baird, each purchased 22,872 shares, demonstrating varied insider activity.
Analysts Set New Price Targets
On June 24, 2026, Wells Fargo maintained its buy rating with a $13 price target. Earlier, on June 1, 2026, Wells Fargo had set a $12 target. Citigroup also maintained a hold rating with a $10 target on May 6, 2026. The consensus among analysts is a buy recommendation, with a mean target price of $11 based on 12 analyst opinions.
About Sunstone Hotel Investors
Sunstone Hotel Investors, Inc. is a lodging real estate investment trust based in Aliso Viejo, California. It owns 14 hotels with a total of 7,000 rooms, primarily under nationally recognized brands. Led by CEO Bryan Albert Giglia, the company focuses on acquiring, owning, and selling strategically located hotel and resort properties to maximize stakeholder value.
Bottom Line
Sunstone Hotel Investors continues to attract attention from analysts, with Wells Fargo reiterating its buy rating and setting a $13 target. The company's steady performance and strategic real estate investments make it a stock to watch. As always, remember that analyst ratings and 13F filings look backward and may not reflect current conditions.
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