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Sunstone Hotel Investors, Inc. - $SHO STOCK NEWS

Welcome to our dedicated page for Sunstone Hotel Investors news (Ticker: $SHO), a resource for investors and traders seeking the latest updates and insights on Sunstone Hotel Investors stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sunstone Hotel Investors's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sunstone Hotel Investors's position in the market.

Rhea-AI Summary
Sunstone Hotel Investors, Inc. will report Q3 2023 financial results on November 7, 2023, before the market opens. A live webcast of the quarterly conference call will be available on the company's website. Interested parties may also listen to the call by dialing 1-888-330-3573.
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Rhea-AI Summary
Sunstone Hotel Investors, Inc. (SHO) announces an increase in quarterly dividend and reports Q2 2023 operational results, with net income at $43.1 million, a 3.6% increase in Comparable RevPAR to $245.91, and 15.0% increase in Adjusted EBITDAre to $85.1 million. The company's CEO, Bryan A. Giglia, highlights the profitability of the portfolio and the ongoing recovery in urban markets. The Board of Directors has increased the quarterly common dividend to $0.07 per share, reflecting the normalized taxable income.
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Sunstone Hotel Investors, Inc.

NYSE:SHO

SHO Rankings

SHO Stock Data

2.15B
190.46M
1.09%
101.86%
5.11%
Lessors of Nonresidential Buildings (except Miniwarehouses)
Real Estate and Rental and Leasing
Link
United States of America
ALISO VIEJO

About SHO

sunstone hotel investors, inc. (nyse:sho) is a lodging real estate investment trust (reit) that invests in hotels primarily in the upper-upscale segment operated under nationally recognized brands such as marriott, hyatt, hilton, starwood and fairmont.