SHO at a glance
Sunstone Hotel Investors, Inc. (SHO, SEC CIK 1295810) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on August 11, 2026 and Form 4 insider filings as recently as June 24, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Sunstone Hotel Investors, Inc. (SHO) reported revenue of $960.1 million (up 6.0% from FY2024) and net income of $8.2 million. Diluted EPS was $0.04.
- As of June 30, 2026, 32 institutional investment managers tracked by SignalX reported holding Sunstone Hotel Investors, Inc. (SHO) shares worth $1.4 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Springer Robert C on June 24, 2026 of 89,631 shares at $11.62 per share.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $960.1M
- +6.0% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 32 funds
- $1.4B · +1 vs prior quarter
- Latest 8-K
- Aug 11, 2026
- Item 8.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: REIT investing in hotel properties, focusing on value-add through capital investment, repositioning, asset management, and leasing to a TRS for qualifying REIT income
- Portfolio size steady at 14 hotels as of Dec 31, 2025, managed by multiple major third-party operators including Marriott (6 hotels) and Hyatt (3 hotels)
- Strategic portfolio recycling approach emphasized for growth and per-share net asset value enhancement
- Investment in hotel properties at $2.77B, down from $2.86B in prior year reflecting asset rotation; common shares outstanding fell ~5.6%, from 200.8M to 189.7M reflecting share repurchases
- No impairment of hotel assets recorded in 2025 despite challenging fair value judgments, highlighting resilience in asset valuations
Management Discussion & Analysis
- Revenue $960.1M, up 6.0% YoY: room $582.7M (+4.2%), food & beverage $278.7M (+8.8%), other operating $98.8M (+9.1%)
- Operating expenses $884.4M up 6.9%, operating margin approx. 7.9% vs 8.7% in 2024 (calculated: (960.1-884.4)/960.1 vs (905.8-827.2)/905.8)
- Best performing segment: Two Renovation Hotels room revenue up $15.6M with 80.1% RevPAR growth; worst: Hilton New Orleans St. Charles sold for $47.0M, $5.7M room revenue loss
- Cash flow uses: share repurchases of 11.6M common shares at $8.83 avg price, $323.9M repurchase authorization remaining; no dividend or capex figures specified
- Outlook risks: continued decline in government-related travel expected in 2026, inflation and economic uncertainties could affect demand and operating costs
AI summary of the SHO 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Q2 revenue $277.1M, up 6.7% YoY from $259.8M
- Room revenue $168.3M, up 7.8%; Comparable Portfolio RevPAR $260.27, up 4.3%
- Net income $26.0M, up 141.6%; operating margin 12.3% vs 11.7% YoY
- Best performer Andaz Miami Beach, adding $7.6M room revenue; weakest Hilton San Diego Bayfront, lower room revenue from group demand and renovations
- Wailea storm impacts: $0.6M repair costs, $1.6M asset write-off, $2.4M insurance recoveries, and $1.2M business-interruption proceeds
Risk Factors
- No material changes from December 31, 2025 10-K risk factors
- Carried-forward risks remain the principal disclosure because no new quarterly risk was identified
- Capital-allocation risk: $32.3 million repurchased during the quarter, reducing available authorization to $438.9 million
- Financing risk: future repurchases constrained by capital needs and financing-agreement restrictions
- No new regulatory, legal, operational, competitive, market, liquidity, debt-maturity, currency, or concentration risk disclosed
AI summary of the SHO 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 8.01: Other Events
- New ATM equity program authorizes up to $300 million of common-stock sales, creating meaningful future dilution risk
- Prior March 2023 ATM terminated with $300 million unsold capacity, replaced rather than added to available program capacity
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results covered the quarter ended June 30, 2026
- Press release and supplemental financial information furnished as Exhibits 99.1 and 99.2
Item EX-99.1: Item EX-99.1
- Q2 net income attributable to common stockholders $26.0M, or $0.14 per diluted share, versus $6.8M and $0.03
- RevPAR rose 9.3% to $263.61, while Adjusted EBITDAre increased 5.5% to $76.7M
Item 7.01: Regulation FD Disclosure
- Hyatt Regency San Francisco sale to Blackstone affiliates for $279 million gross consideration
- Implied valuation approximately $340,000 per key across 821 rooms
Item EX-99.1: Item EX-99.1
- Definitive agreement to sell 821-room Hyatt Regency San Francisco to Blackstone-affiliated funds for $279 million
- Valuation implies $340,000 per key, 21.4x trailing Hotel Adjusted EBITDAre, and 3.5% cap rate
AI summaries of SHO 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for SHO
Don't miss the next SHO filing
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- Fund moves. Which tracked funds opened, added or cut SHO, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Springer Robert C | Sell | Jun 24, 2026 | 89,631 | $11.62 |
| PASQUALE DOUGLAS M | A | May 1, 2026 | 18,617 | - |
| Digilio Monica S | A | May 1, 2026 | 10,638 | - |
| BAIRD W BLAKE | A | May 1, 2026 | 12,234 | - |
| BATINOVICH ANDREW | A | May 1, 2026 | 9,574 | - |
| Digilio Monica S | A | May 1, 2026 | 12,234 | - |
| PASQUALE DOUGLAS M | A | May 1, 2026 | 14,894 | - |
| Leslie Kristina M | A | May 1, 2026 | 12,234 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|
| Profitability | ||||
| Revenue | $986.5M | $905.8M | $960.1M | |
| Net Income | $191.7M | $27.8M | $8.2M | |
| Net Margin | 19.4% | 3.1% | 0.9% | |
| Balance Sheet | ||||
| Total Assets | $3.1B | $3.1B | $3.0B | |
| Equity | $2.2B | $2.1B | $1.9B | |
| ROE | 8.8% | 1.3% | 0.4% | |
| Per Share | ||||
| EPS | $0.93 | $0.14 | $0.04 | |
| Cash Flow | ||||
| Operating CF | $198.1M | $170.4M | $181.8M | |
Source: XBRL data in Sunstone Hotel Investors, Inc. (SHO)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate SHO share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 32 | $1.40B |
| Q1 2026 | 31 | $1.09B |
| Q4 2025 | 28 | $1.07B |
| Q3 2025 | 27 | $1.18B |
| Q2 2025 | 29 | $1.09B |
| Q1 2025 | 26 | $927.6M |
| Q4 2024 | 24 | $988.7M |
| Q3 2024 | 23 | $420.0M |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 220 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
SHO filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Aug 11, 2026 | - | Analysis | - |
| 8-K | Aug 6, 2026 | - | Analysis | - |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Jun 24, 2026 | - | - | - |
| 8-K | Jun 23, 2026 | - | Analysis | - |
| 8-K | Jun 1, 2026 | - | Analysis | |
| SC 13G | May 14, 2026 | - | - | |
| 10-Q | May 5, 2026 | Mar 31, 2026 | Analysis | |
| 4 | May 5, 2026 | - | - | - |
| 4 | May 5, 2026 | - | - | - |
| 4 | May 5, 2026 | - | - | - |
| 4 | May 5, 2026 | - | - | - |
| 8-K | May 5, 2026 | - | Analysis | - |
| 4 | May 5, 2026 | - | - | - |
| 4 | May 5, 2026 | - | - | - |
| 4 | May 5, 2026 | - | - | - |
| 4 | May 5, 2026 | - | - | - |
| SC 13G | Apr 30, 2026 | - | - | |
| 4 | Mar 10, 2026 | - | - | - |
| 4 | Mar 10, 2026 | - | - | - |
| 8-K | Feb 27, 2026 | - | Analysis | - |
| 10-K | Feb 27, 2026 | Dec 31, 2025 | Analysis | |
| 4 | Feb 13, 2026 | - | - | |
| 4 | Feb 13, 2026 | - | - | |
| 4 | Feb 13, 2026 | - | - |
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SHO SEC filings: frequently asked questions
Which institutions hold SHO stock?
As of June 30, 2026, the largest Sunstone Hotel Investors, Inc. (SHO) holders among the 13F filers tracked by SignalX were BlackRock ($402.1 million), Vanguard Portfolio Management LLC ($226.0 million), State Street Corp ($123.9 million), Blackstone Group ($98.2 million), Vanguard Capital Management LLC ($95.7 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was SHO's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Sunstone Hotel Investors, Inc. (SHO) reported revenue of $960.1 million (up 6.0% from FY2024) and net income of $8.2 million. Diluted EPS was $0.04. The figures come from the XBRL data in the 10-K.
What did SHO report in its latest 8-K?
Sunstone Hotel Investors, Inc. (SHO) filed an 8-K on August 11, 2026 reporting Item 8.01 (Other Events). New ATM equity program authorizes up to $300 million of common-stock sales, creating meaningful future dilution risk.
What are the latest SHO SEC filings?
Sunstone Hotel Investors, Inc. (SHO) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on August 11, 2026 and a Form 4 insider filing on June 24, 2026.
What is SHO's SEC CIK number?
Sunstone Hotel Investors, Inc. (SHO)'s SEC Central Index Key (CIK) is 1295810. EDGAR lists every SHO filing under that number.
Ask anything about SHO
The research agent reads SHO's filings, financials, insider trades and 13F holders, then answers with sources.