Robert W. Baird analyst Michael Bellisario maintained a Hold rating on Sunstone Hotel (NYSE:SHO) Investors on Thursday, setting a price target of $13, which is approximately 10.17% above the present share price of $11.8.
Bellisario expects Sunstone Hotel Investors to post earnings per share (EPS) of -$0.16 for the third quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Hold rating of shares in Sunstone Hotel, with an average price target of $12.29.
The analysts price targets range from a high of $14 to a low of $10.5.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $117.21 million and a net profit of -$19.94 million. The company's market cap is $2.58 billion.
According to TipRanks.com, Robert W. Baird analyst Michael Bellisario is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.4% and a 58.56% success rate.
Sunstone Hotel Investors, Inc. is a real estate investment trust, which engages in the acquisition, ownership, asset management and renovation of hotels and resorts. It operates under the following brands: Marriott, Hilton, and Hyatt. The company was founded by Robert A. Alter in 1985 and is headquartered in Aliso Viejo, CA.