SHO · Sunstone Hotel Investors, Inc.
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. SHO beat Q2 expectations with strong RevPAR growth and raised full-year guidance, while also completing the sale of the Hyatt Regency San Francisco and redeploying proceeds into accretive share repurchases.
- + Raised full-year 2026 RevPAR growth guidance to 7.0%-9.0% (up 175 bps) and Adjusted EBITDAre to $245-$255 million (up $8 million at midpoint)
- + Sold Hyatt Regency San Francisco for $279 million at nearly 20x trailing EBITDA, unlocking private market value
- − Comparable hotel EBITDA margins compressed 100 bps as expense growth of 4.4% outpaced revenue gains
- − Hilton San Diego Bayfront total RevPAR declined 8.4% due to weaker group demand and meeting space renovation
- − Full-year capex guidance raised to $105-$115 million due to incremental Wailea storm restoration work
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDAre non-GAAP | $251.06M | Trailing 12 Months Ended June 30, 2026 | — |
| Adjusted FFO attributable to common stockholders non-GAAP | $179.78M | Trailing 12 Months Ended June 30, 2026 | — |
| Adjusted FFO attributable to common stockholders per diluted share non-GAAP | $0.58 | Six Months Ended June 30, 2026 | — |
| Andaz Miami Beach ADR | $470.45 | the second quarter of 2026 filing | — |
| Andaz Miami Beach occupancy | 72.1% | the second quarter of 2026 filing | — |
| Andaz Miami Beach RevPAR | $339.19 | the second quarter of 2026 filing | — |
| Average Daily Rate | $339.71 | Q2 2026 | — |
| Comparable Adjusted EBITDAre non-GAAP | $71.61M | Quarter Ended June 30, 2026 | — |
| Comparable Adjusted FFO attributable to common stockholders per diluted share non-GAAP | $0.29 | Q2 2026 | — |
| Comparable Portfolio ADR | $334.54 | Three Months Ended June 30, 2026 filing | — |
| Comparable Portfolio Occupancy | 77.8% | Three Months Ended June 30, 2026 filing | — |
| Comparable Portfolio RevPAR | $260.27 | Three Months Ended June 30, 2026 filing | — |
| Current Portfolio Hotel Adjusted EBITDAre non-GAAP | $248.18M | Trailing 12 Months Ended June 30, 2026 | — |
| Current Portfolio Hotel Adjusted EBITDAre Margin non-GAAP | 30.2% | Q2 2026 | — |
| Current Portfolio RevPAR | $263 | Q2 2026 | — |
| EBITDAre non-GAAP | $241.87M | Trailing 12 Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income 53.12M
+136.55M Depreciation and amortization
+50.18M Interest expense
+390K Income tax provision (benefit), net
+1.64M Impairment and other losses
= EBITDAre 241.87M
|
|||
| FFO attributable to common stockholders non-GAAP | $179.03M | Trailing 12 Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income 53.12M
-10.9M Preferred stock dividends, net of gain on repurchases
+135.17M Real estate depreciation and amortization
+1.64M Impairment and other losses
= FFO attributable to common stockholders 179.03M
|
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| FFO attributable to common stockholders per diluted share non-GAAP | $0.59 | Six Months Ended June 30, 2026 | — |
| Hotel Adjusted EBITDAre Margin, excluding Andaz Miami Beach non-GAAP | 28.3% | Six Months Ended June 30, 2026 | — |
| Hotel Adjusted EBITDAre, excluding Andaz Miami Beach non-GAAP | $142.69M | Six Months Ended June 30, 2026 | — |
| Hotels owned | 13 | As of August 6, 2026 | — |
| Occupancy | 77.6% | Q2 2026 | — |
| RevPAR | $263.61 | Q2 2026 | — |
| Rooms owned | 6,178 | As of August 6, 2026 | — |
| Total Portfolio ADR | $340 | Q2 2026 | — |
| Total Portfolio Hotel Adjusted EBITDAre non-GAAP | $151.97M | Six Months Ended June 30, 2026 | — |
| Total Portfolio Hotel Adjusted EBITDAre Margin non-GAAP | 28.3% | Six Months Ended June 30, 2026 | — |
| Total RevPAR | $434 | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Hotel & Motel — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SHO
this stock
Sunstone Hotel Investors, Inc.
|
$2.08B | +27.4% | -3.8% | — | 8.4% |
|
HST
Host Hotels & Resorts, Inc.
|
$15.36B | +27.2% | -0.8% | 15.0 | 6.0% |
|
RHP
Ryman Hospitality Properties, Inc.
|
$7.67B | +28.6% | +3.1% | 29.6 | 4.6% |
|
APLE
Apple Hospitality REIT, Inc.
|
$3.83B | +39.3% | +19.0% | 21.9 | 7.0% |
|
PK
Park Hotels & Resorts Inc.
|
$3.11B | +48.5% | +2.3% | — | 17.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SHO | +1.8% | +3.5% | +19.0% | +1.6% | +27.4% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | +2.0% | +3.9% | +6.8% | +0.7% | +14.5% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.