Stocks Consumer discretionary SHO
NYSE · Consumer discretionarySunstone Hotel Investors, Inc. (SHO)
Sunstone Hotel Investors, Inc. brought in $1B of revenue over the twelve months to September 30, 2026, up 7.4% from a year earlier. Net income was $83.4M, a net margin of 8.3%. Operating cash flow minus capital spending left $78.7M of free cash flow in fiscal 2025. At September 30, 2026 it held $236.5M in cash against $944M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 6, 2026.
Key facts about Sunstone Hotel Investors, Inc.
- Net worth
- Sunstone Hotel Investors, Inc. has a market value (market cap) of $2.4B at the latest share price, and shareholders' equity of $1.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $960.1M (+6.0% year on year), with net income of $8.2M. Over the 12 months to September 30, 2026: revenue $1B, net income $83.4M.
- Cash flow
- In fiscal 2025 operations brought in $181.8M of cash; after $103M of capital spending, free cash flow was $78.7M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 6, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Sunstone Hotel Investors, Inc.'s next report is expected around February 26, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Sunstone Hotel Investors, Inc. declared dividends of $0.36 per share in fiscal 2025, a yield of 2.82% at the current price.
What Sunstone Hotel Investors, Inc. does
Sunstone Hotel Investors, Inc. is registered with the SEC under industry code SIC 7011 (Hotels & Motels). Its shares trade on NYSE under the ticker SHO.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $960.1M | $8.2M | $0.04 | $78.7M |
| 2024 | $905.8M | $27.8M | $0.14 | $13M |
| 2023 | $986.5M | $191.7M | $0.93 | $88M |
| 2022 | $912.1M | $72.6M | $0.34 | $80.8M |
| 2021 | $509.2M | $13.6M | $0.06 | -$35.3M |
| 2020 | $267.9M | -$417.6M | -$1.93 | -$168.1M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where SHO ranks in Consumer discretionary
Dividends
Sunstone Hotel Investors, Inc. declared $0.36 per share in fiscal 2025. At the current price that is a yield of 2.82%. It paid out $86.4M in cash dividends, 1,052% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.36 | $86.4M | 1,052% |
| 2024 | $0.34 | $91M | 328% |
| 2023 | $0.30 | $59.8M | 31% |
| 2022 | $0.10 | $24.8M | 34% |
| 2021 | n/a | $13.7M | 101% |
| 2020 | $0.05 | $156.3M | n/a |
Latest SEC filings
What Sunstone Hotel Investors, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 1.9% to $233.7M versus the same quarter last year; diluted EPS $0.21 versus -$0.02.
- November 6, 2026
- October 30, 2026Passive stake changed SCHEDULE 13G/A
- August 11, 2026Other event 8-K
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 6.7% to $277.1M versus the same quarter last year; diluted EPS $0.14 versus $0.03.
- August 6, 2026Passive stake changed SCHEDULE 13G/A
- August 6, 2026
- August 3, 2026Passive stake changed SCHEDULE 13G/A
- June 23, 2026
- June 1, 2026
What is SHO worth? A DCF from its reported cash flow
Insider trades
What the people running Sunstone Hotel Investors, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| June 24, 2026 | Springer Robert CPRESIDENT AND CIO | Sold | 89,631 | $1M |
| May 1, 2026 | Batinovich AndrewDirector | Received as pay | 12,234 | - |
| May 1, 2026 | Batinovich AndrewDirector | Received as pay | 9,574 | - |
| May 1, 2026 | Pasquale Douglas MDirector | Received as payindirect | 18,617 | - |
| May 1, 2026 | Pasquale Douglas MDirector | Received as pay | 14,894 | - |
| May 1, 2026 | Baird W BlakeDirector | Received as pay | 12,234 | - |
| May 1, 2026 | Baird W BlakeDirector | Received as pay | 10,638 | - |
| May 1, 2026 | Barnello Michael DDirector | Received as pay | 12,234 | - |
Who owns SHO
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 10.22% | February 5, 2026 |
| Vanguard Capital Management13G, passive | 5.34% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 274 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 35,116,958 | +2,131,345 |
| Vanguard Portfolio Management LLC | 19,735,550 | +323,511 |
| State Street Corp | 10,740,243 | -66,522 |
| Blackstone Inc. | 8,580,000 | -65,000 |
| Vanguard Capital Management LLC | 8,358,012 | -202,820 |
| Bank of America Corp | 6,207,364 | -3,892,174 |
| Geode Capital Management, LLC | 5,195,704 | +137,447 |
| Woodline Partners LP | 4,624,593 | +1,076,418 |
| Prudential Financial Inc | 4,532,827 | -100,722 |
| Nuveen, LLC | 4,271,276 | +3,121,338 |
| Charles Schwab Investment Management Inc | 4,214,590 | -64,054 |
| Citadel Advisors LLC | 4,122,371 | +1,659,824 |
| Jpmorgan Chase & Co | 3,797,012 | +208,909 |
| Goldman Sachs Group Inc | 3,729,729 | +2,562,023 |
| Qube Research & Technologies Ltd | 3,115,099 | +3,046,960 |
| Adage Capital Partners GP, L.L.C. | 3,100,000 | 0 |
| Legal & General Group Plc | 2,891,965 | +13,565 |
| Northern Trust Corp | 2,776,507 | +137,638 |
| Arrowstreet Capital, Limited Partnership | 2,654,502 | +1,895,517 |
| Cbre Investment Management Listed Real Assets LLC | 2,648,664 | -1,313,040 |
Insiders
12 insiders reported holding 2,828,694 shares in total, about $36.1M at the last price.
| Holder | Shares |
|---|---|
| Giglia Bryan AlbertCHIEF EXECUTIVE OFFICER, Director | 786,416 |
| Springer Robert CPRESIDENT AND CIO | 573,743 |
| Pasquale Douglas MDirector | 377,014362,120 held indirectly |
| Klein David MGENERAL COUNSEL | 237,725 |
| Batinovich AndrewDirector | 161,904 |
| Reyes Aaron RobertCHIEF FINANCIAL OFFICER | 146,977 |
| McCabe Murray J.Director | 130,235 |
| Baird W BlakeDirector | 119,420 |
| Digilio Monica SDirector | 87,033 |
| Leslie Kristina MDirector | 74,563 |
Questions about SHO
What does Sunstone Hotel Investors, Inc. do?
Sunstone Hotel Investors, Inc. is a company in the Consumer discretionary sector, listed on NYSE as SHO. Its shares trade on NYSE under the ticker SHO.
What is Sunstone Hotel Investors, Inc.'s net worth?
Sunstone Hotel Investors, Inc. has a market value (market cap) of $2.4B at the latest share price, and shareholders' equity of $1.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Sunstone Hotel Investors, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $83.4M on revenue of $1B, a net margin of 8.3%.
How much revenue does Sunstone Hotel Investors, Inc. make?
Over the twelve months to September 30, 2026 Sunstone Hotel Investors, Inc. reported revenue of $1B. That is 7.4% more than a year earlier.
When did Sunstone Hotel Investors, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 6, 2026. It covers the period to September 30, 2026.
When is Sunstone Hotel Investors, Inc.'s next earnings report?
Sunstone Hotel Investors, Inc.'s next report is expected around February 26, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Sunstone Hotel Investors, Inc. pay a dividend?
Yes. Sunstone Hotel Investors, Inc. declared dividends of $0.36 per share in fiscal 2025, a yield of 2.82% at the current price.
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Where the numbers come from
Financial figures are the values Sunstone Hotel Investors, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.