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Sunstone Hotel Investors, Inc. SHO

Listed / Traded Lodging & Resorts NYSE Mgmt:

Sunstone Hotel Investors, Inc. functions as a real estate investment trust (REIT) focused on the hospitality sector. As of the current date, its holdings include interests in 19 hotel properties, which collectively offer 9,997 guest rooms. Sunstone's primary business activities involve the acquisition, ownership, strategic asset management, and either refurbishment or repositioning of hotels it designates as "Long-Term Relevant Real Estate®." A considerable number of these establishments are operated under prominent national brands like Marriott, Hilton, and Hyatt.

This overview is background from company filings and may not reflect the latest quarter — the figures above are the current data, and the SEC filings are the primary source.

Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.

Snapshot

Price
$11.79
Market cap
$2.20B
Enterprise value
$3.05B
Dividend yieldi
3.05%
Annual dividendi
$0.36
Frequency
Quarterly
FFO / sharei
$0.26 · Q1 2026
Adjusted FFO / sharei
$0.27 · Q1 2026
Net debt / EBITDAi
3.81x · GAAP est.
Op. cash flow / sharei
$0.94
Price / OCFi
12.60
Payout (% of OCF)i
38.49%
Debt / book capitali
33.27%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / Adjusted FFO / leverage are from the Q1 2026 earnings release (filed 2026-05-05) — 8-K, EX-99.1 ✓ Verified to filing.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

$10,000 invested

848shares (~$11.79 each)
$305est. dividends / year
$25≈ per month
3.05%current yield

Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.

Model SHO yourself — any amount, shares, per-payment & a multi-year DRIP projection →

Balance sheet (latest FY: 2025)

Total debt
$925.43M
Cash
$109.19M
Net debt / EBITDAi
3.81x
Debt / book capitali
33.27%
Total assets
$3.03B
Total equity
$1.94B
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $960.13M $24.57M $134.51M $212.26M $181.76M
2024 $905.81M $43.26M $124.51M $214.29M $170.38M
2023 $986.48M $206.71M $127.06M $387.31M $198.13M
2022 $912.05M $87.29M $126.40M $249.23M $209.38M
2021 $509.15M $34.30M $128.68M $193.51M $28.37M
2020 $267.91M $-404.69M $137.05M $-216.68M $-116.70M

Dividends

Recent regular dividends per share (special distributions excluded), oldest → newest.

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-302026-06-302026-07-15 2026-05-04$0.09Quarterly
2026-03-312026-03-312026-04-15 2026-02-26$0.09Quarterly
2025-12-312025-12-312026-01-15 2025-11-06$0.09Quarterly
2025-09-302025-09-302025-10-15 2025-08-05$0.09Quarterly
2025-06-302025-06-302025-07-15 2025-05-05$0.09Quarterly
2025-03-312025-03-312025-04-15 2025-02-21$0.09Quarterly
2024-12-312024-12-312025-01-15 2024-11-12$0.09Quarterly
2024-09-302024-09-302024-10-15 2024-08-07$0.09Quarterly
2024-06-282024-06-282024-07-15 2024-05-06$0.09Quarterly
2024-03-272024-03-282024-04-15 2024-02-22$0.07Semi-Annual
2023-12-282023-12-292024-01-16 2023-12-06$0.13Special
2023-09-282023-09-292023-10-16 2023-08-03$0.07Quarterly
2023-06-292023-06-302023-07-17 2023-05-04$0.05Quarterly
2023-03-302023-03-312023-04-17 2023-02-21$0.05Quarterly
2022-12-292022-12-302023-01-17 2022-11-07$0.05Quarterly
2022-09-292022-09-302022-10-17 2022-08-02$0.05Irregular
2020-03-302020-03-312020-04-15 2020-02-17$0.05Quarterly
2019-12-302019-12-312020-01-15 2019-12-10$0.59Quarterly
2019-09-272019-09-302019-10-15 2019-08-01$0.05Quarterly
2019-06-272019-06-282019-07-15 2019-05-06$0.05Quarterly
2019-03-282019-03-292019-04-15 2019-02-11$0.05Semi-Annual
2018-12-282018-12-312019-01-15 2018-11-05$0.54Quarterly
2018-09-272018-09-282018-10-15 2018-07-30$0.05Quarterly
2018-06-282018-06-292018-07-16 2018-05-03$0.05Quarterly

Coverage (payout of operating cash flow): 38.49%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Recent news — SHO

Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.

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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

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