SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2026
Sunstone Hotel Investors reported Q3 2026 net income attributable to common stockholders of $38.7 million ($0.21/diluted share) versus a $2.9 million loss a year earlier, with portfolio RevPAR up 11.4% to $235.22. Adjusted EBITDAre rose 8.8% to $54.5 million and Adjusted FFO per diluted share jumped 17.6% to $0.20, driven by broad-based demand strength and recent investments. Management raised full-year 2026 guidance, lifting Adjusted FFO per share to $1.00-$1.03 from $0.93-$0.98 and RevPAR growth to 9.5%-10.5%, and the Board authorized a $0.09 quarterly common dividend.
Key figures
- Eps
- 0.21
- Revenue
- 233718000
- Guidance
- FY26 Adjusted FFO/share raised to $1.00-$1.03 from $0.93-$0.98; Net income to $92M-$97M from $79M-$89M; RevPAR growth to 9.5%-10.5% from 7.0%-9.0%
- Revenue Yoy
- 1.9%
- Adr
- $323.55
- Cash
- $317.9 million (incl. $81.4M restricted)
- Revpar
- $235.22, +11.4% YoY
- Dividend
- $0.09 per common share
- Occupancy
- 72.7%
- Total debt
- $955.0 million at 5.22% weighted average rate
- Total revpar
- $394.97, +10.5% YoY
- Ytd buybacks
- $196.9 million of common and preferred stock repurchased YTD through Nov 5, 2026
- Affo per share
- $0.20, +17.6%
- Adjusted ebitda
- $54.5M, +8.8%
- Buyback remaining
- $310.6 million
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.