Sunstone Hotel Investors Inc SHO Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Mar 07, 2024 (filed on Mar 11, 2024)

Insider Name:

Giglia Bryan Albert

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-3,369

Price:

$11.21
Mar 07, 2024 (filed on Mar 11, 2024)

Insider Name:

Springer Robert C

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-3,369

Price:

$11.21
Feb 15, 2024 (filed on Feb 20, 2024)

Insider Name:

Ostapovicz Christopher Gerard

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-19,111

Price:

$11.02
Feb 15, 2024 (filed on Feb 20, 2024)

Insider Name:

Giglia Bryan Albert

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-41,023

Price:

$11.02
Feb 15, 2024 (filed on Feb 20, 2024)

Insider Name:

Reyes Aaron Robert

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-13,224

Price:

$11.02
Feb 15, 2024 (filed on Feb 20, 2024)

Insider Name:

Klein David M

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-20,296

Price:

$11.02
Feb 15, 2024 (filed on Feb 20, 2024)

Insider Name:

Springer Robert C

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-34,194

Price:

$11.02
Feb 12, 2024 (filed on Feb 14, 2024)

Insider Name:

Ostapovicz Christopher Gerard

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

19,823

Price:

--
Feb 12, 2024 (filed on Feb 14, 2024)

Insider Name:

Giglia Bryan Albert

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

55,970

Price:

--
Feb 12, 2024 (filed on Feb 14, 2024)

Insider Name:

Reyes Aaron Robert

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

22,155

Price:

--

Filings by filing date

Mar 07, 2024 (filed on Mar 11, 2024)

Insider Name:

Giglia Bryan Albert

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-3,369

Price:

$11.21
Mar 07, 2024 (filed on Mar 11, 2024)

Insider Name:

Springer Robert C

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-3,369

Price:

$11.21
Feb 15, 2024 (filed on Feb 20, 2024)

Insider Name:

Ostapovicz Christopher Gerard

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-19,111

Price:

$11.02
Feb 15, 2024 (filed on Feb 20, 2024)

Insider Name:

Giglia Bryan Albert

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-41,023

Price:

$11.02
Feb 15, 2024 (filed on Feb 20, 2024)

Insider Name:

Reyes Aaron Robert

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-13,224

Price:

$11.02
Feb 15, 2024 (filed on Feb 20, 2024)

Insider Name:

Klein David M

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-20,296

Price:

$11.02
Feb 15, 2024 (filed on Feb 20, 2024)

Insider Name:

Springer Robert C

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-34,194

Price:

$11.02
Feb 12, 2024 (filed on Feb 14, 2024)

Insider Name:

Ostapovicz Christopher Gerard

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

19,823

Price:

--
Feb 12, 2024 (filed on Feb 14, 2024)

Insider Name:

Giglia Bryan Albert

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

55,970

Price:

--
Feb 12, 2024 (filed on Feb 14, 2024)

Insider Name:

Reyes Aaron Robert

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

22,155

Price:

--

News

Biz Brief

Sector: N/A	Industry: N/A

See Regulatory Filings on SEC

Company Contact

Address:	15 Enterprise, Suite 200 ALISO VIEJO CA 92656
Tel:	N/A
Website:	https://www.sunstonehotels.com
IR:	See website

Key People

Robert C. Springer President, Chief Investment Officer	Bryan Albert Giglia Chief Executive Officer	Aaron R. Reyes Chief Financial Officer, Executive Vice President
Christopher G. Ostapovicz Chief Operating Officer, Executive Vice President	David M. Klein Executive Vice President, General Counsel

Business Overview

Sunstone Hotel Investors, Inc. is a real estate investment trust. The Company owns approximately 14 hotels, comprised of 6,675 rooms, located in six states and in Washington, DC. The Company's portfolio consists of luxury hotels located in convention, resort destinations and urban markets. It is the owner of Long-Term Relevant Real Estate (LTRR) in the lodging industry, specifically hotels in urban and resort destination locations. The Company's hotels are operated by third-party managers under long-term management agreements with TRS Lessee or its subsidiaries. It is operated by third-party managers under long-term management agreements with the TRS Lessee or its subsidiaries. Its third-party managers include subsidiaries of Marriott International, Inc.; managers of six of the Company's hotels; Hyatt Hotels Corporation, manager of two of its hotels; and Four Seasons Hotels Limited, Highgate Hotels L.P. and an affiliate, Hilton Worldwide, and Interstate Hotels & Resorts, Inc.

Financial Overview

For the fiscal year ended 31 December 2023, Sunstone Hotel Investors Inc revenues increased 8% to $986.5M. Net income applicable to common stockholders increased from $72.6M to $191.7M. Revenues reflect Occupancy - % Renaissance Washington increase of 42% to 70.4%, ADR- Hyatt Regency San Francisco increase of 13% to $302, FFO per Share (Diluted) increase of 17% to $0.95, Room increase of 7% to $619.3M.

Employees:	40 as of Feb 23, 2024

Reporting Currency:	U.S. Dollars
Enterprise value:	$2,812M as of Dec 31, 2023
Annual revenue (TTM):	$986.48M as of Dec 31, 2023
EBITDA (TTM):	$246.02M as of Dec 31, 2023
Net annual income (TTM):	$191.73M as of Dec 31, 2023
Free cash flow (TTM):	$138.31M as of Dec 31, 2023
Net Debt Last Fiscal Year:	$388.16M as of Dec 31, 2023
Shares outstanding:	203,694,178 as of Mar 6, 2024
Index Membership:	S&P 600 Small Cap
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization