Wall Street Loves This Lodging Stock That Grew Its Dividend 207% Last Year
The big Park Hotels dividend hike last year is sure to attract the attention of income investors, even though the payout has been variable over the years.
Headquartered in Aliso Viejo, CA Fiscal year ends December NYSE: SHO sunstonehotels.com
Sunstone Hotel Investors, Inc. (NYSE: SHO) is a lodging real estate investment trust (REIT) that owns 13 hotels comprising 6,178 rooms, all operated under nationally recognized brands including Hilton, Marriott, Hyatt, Montage, and Four Seasons. The company's strategy centers on creating long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate across the United States. Its portfolio spans California, Florida, Hawaii, Washington D.C., Texas, Louisiana, Massachusetts, and Oregon, with properties positioned in high-barrier-to-entry markets serving leisure, group, and corporate demand segments. Updated
The big Park Hotels dividend hike last year is sure to attract the attention of income investors, even though the payout has been variable over the years.
Thursday's top analyst upgrades and downgrades included Adobe, Apple, Conagra Brands, CrowdStrike, Fortinet, IBM, Mobileye Global, Morgan Stanley, Oatly, Oracle, PayPal, Seagate Technology, Shopify and Williams Companies.
Sunstone Hotel Investors, Inc. (NYSE: SHO) is a lodging real estate investment trust (REIT) that owns 13 hotels comprising 6,178 rooms, all operated under nationally recognized brands including Hilton, Marriott, Hyatt, Montage, and Four Seasons.
The Wall Street consensus 12-month price target for SHO is $11.96.