Added to YB: 2025-12-23
Pitch date: 2025-11-04
SHO-PI [bullish]
Sunstone Hotel Investors, Inc.
+5.5%
current return
Author Info
No bio for this author
Company Info
Sunstone Hotel Investors, Inc. is a lodging real estate investment trust. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate.
Market Cap
$1.7B
Pitch Price
$8.89
Price Target
39.30 (+319%)
Dividend
4.10%
EV/EBITDA
12.81
P/E
914.21
EV/Sales
2.93
Sector
Hotel and Resort REITs
Category
special_situation
Sunstone Hotel Investors, Inc. - $SHO-PI
SHO-PI: REIT pref w/ 7%+ yield, 20-30% upside in sale scenario. $4bn portfolio of 14 premium hotels, activist Tarsadia demanding sale/threatening proxy fight. Board previously resisted but timing now ripe. Prefs cash out at par in privatization (+20-25% current price). Low 25% leverage, 61% common equity cushion vs peers. 50%+ sale probability next 12mo not priced in.
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