Financials Sunstone Hotel Investors, Inc.

Equities

SHO

US8678921011

Specialized REITs

Market Closed - Nyse 04:00:01 2024-05-10 pm EDT 5-day change 1st Jan Change
10.26 USD -0.97% Intraday chart for Sunstone Hotel Investors, Inc. +0.69% -4.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,130 2,443 2,573 2,032 2,204 2,090 - -
Enterprise Value (EV) 1 3,284 2,835 3,062 2,744 2,593 2,772 2,687 2,090
P/E ratio 25.8 x -5.87 x 196 x 28.4 x 11.5 x 43.6 x 33.7 x -
Yield 5.32% 0.44% - 1.04% 2.8% 3.31% 3.05% 1.95%
Capitalization / Revenue 2.81 x 9.12 x 5.05 x 2.23 x 2.23 x 2.2 x 2.08 x -
EV / Revenue 2.95 x 10.6 x 6.01 x 3.01 x 2.63 x 2.92 x 2.67 x -
EV / EBITDA 10.3 x -32.2 x 45.6 x 11.7 x 9.84 x 11.1 x 9.96 x -
EV / FCF 16.8 x -16.9 x -86.8 x 34 x 92 x 25.4 x 14.9 x -
FCF Yield 5.94% -5.93% -1.15% 2.94% 1.09% 3.94% 6.73% -
Price to Book 1.22 x 1.19 x 1.17 x 0.97 x 1.01 x 0.97 x 0.88 x -
Nbr of stocks (in thousands) 224,855 215,636 219,334 210,400 205,444 203,674 - -
Reference price 2 13.92 11.33 11.73 9.660 10.73 10.26 10.26 10.26
Announcement Date 2/18/20 2/11/21 2/22/22 2/22/23 2/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,115 267.9 509.2 912.1 986.5 950 1,005 -
EBITDA 1 320.2 -88.15 67.21 233.8 263.4 250 269.9 -
EBIT 1 162.1 -393.9 -88.12 95.88 118.7 105.4 122.3 -
Operating Margin 14.53% -147.03% -17.31% 10.51% 12.03% 11.1% 12.17% -
Earnings before Tax (EBT) 1 142.6 -403.9 33.1 91.12 211.3 65.57 81.51 -
Net income 1 122.9 -417.5 13.66 73.04 192.7 51.1 68.13 -
Net margin 11.02% -155.85% 2.68% 8.01% 19.54% 5.38% 6.78% -
EPS 2 0.5400 -1.930 0.0600 0.3400 0.9300 0.2351 0.3043 -
Free Cash Flow 1 195 -168.1 -35.29 80.81 28.18 109.2 181 -
FCF margin 17.48% -62.76% -6.93% 8.86% 2.86% 11.49% 18% -
FCF Conversion (EBITDA) 60.88% - - 34.57% 10.69% 43.66% 67.05% -
FCF Conversion (Net income) 158.63% - - 110.63% 14.62% 213.61% 265.61% -
Dividend per Share 2 0.7400 0.0500 - 0.1000 0.3000 0.3400 0.3128 0.2000
Announcement Date 2/18/20 2/11/21 2/22/22 2/22/23 2/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 173.9 172.3 251.3 244.3 244.1 243.4 276.1 247.7 219.2 217.2 249.5 237.7 233.9 236.4 253.3
EBITDA 1 31.18 27.16 73.99 63.85 68.78 60.03 85.06 63.71 54.65 54.51 73.98 62.83 60.3 60.09 80.49
EBIT 1 -6.566 -6.773 43.52 29.97 29.16 24.79 48.45 26.83 18.59 17.26 34.13 24.92 21.33 21.55 41.53
Operating Margin -3.78% -3.93% 17.32% 12.27% 11.94% 10.18% 17.55% 10.83% 8.48% 7.95% 13.68% 10.48% 9.12% 9.12% 16.4%
Earnings before Tax (EBT) 1 138.3 15.26 37.72 20.2 17.95 21.44 43.88 16.16 129.8 12.18 20.44 17.64 12.39 10.63 31.86
Net income 1 134.6 10.22 31.58 17.14 14.11 17.32 39.31 12.33 123.8 9.352 22.85 12.16 10.13 8.147 28.15
Net margin 77.43% 5.93% 12.57% 7.01% 5.78% 7.11% 14.24% 4.98% 56.45% 4.31% 9.16% 5.12% 4.33% 3.45% 11.11%
EPS 2 0.6100 0.0500 0.1500 0.0800 0.0700 0.0800 0.1900 0.0600 0.6000 0.0500 0.0789 0.0661 0.0414 - -
Dividend per Share 2 - - - 0.0500 0.0500 0.0500 - 0.0700 0.1300 - 0.0900 0.0900 0.0900 0.0800 0.0800
Announcement Date 2/22/22 5/4/22 8/3/22 11/8/22 2/22/23 5/5/23 8/4/23 11/7/23 2/23/24 5/6/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 154 392 489 711 388 682 598
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) 0.4815 x -4.447 x 7.275 x 3.043 x 1.473 x 2.729 x 2.214 x
Free Cash Flow 1 195 -168 -35.3 80.8 28.2 109 181
ROE (net income / shareholders' equity) 4.69% -18.1% -6.54% 3.41% 9.07% 2.94% 4.05%
ROA (Net income/ Total Assets) 3.11% -12.1% -4.61% 2.39% 6.18% 1.85% 2.71%
Assets 1 3,952 3,452 -296.5 3,062 3,116 2,767 2,516
Book Value Per Share 2 11.40 9.500 10.00 9.960 10.60 10.60 11.70
Cash Flow per Share 2 1.290 -0.5400 0.1300 0.9800 0.9600 0.9000 0.8800
Capex 1 96 51.4 63.7 129 110 148 97.8
Capex / Sales 8.6% 19.2% 12.5% 14.1% 11.16% 15.54% 9.72%
Announcement Date 2/18/20 2/11/21 2/22/22 2/22/23 2/23/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
14
Last Close Price
10.26 USD
Average target price
11 USD
Spread / Average Target
+7.21%
Consensus
  1. Stock Market
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  4. Financials Sunstone Hotel Investors, Inc.
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