With 2.06 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.48 million shares. The 52-week range on SHO shows that it touched its highest point at $12.41 and its lowest point at $7.45 during that stretch. It currently has a 1-year price target of $9.82. With its current market cap of 1.64 billion, SHO has annualized dividend of $0.36 while the current yield stands at 4.41%. Beta for the stock currently stands at 1.28.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SHO was down-trending over the past week, with a drop of -2.04%, but this was up by 2.13% over a month. Three-month performance dropped to -25.18% while six-month performance fell -19.35%. The stock lost -19.82% in the past year, while it has lost -31.00% so far this year. A look at the trailing 12-month EPS for SHO yields 0.10 with Next year EPS estimates of 0.20. For the next quarter, that number is 0.10. This implies an EPS growth rate of 14.43% for this year and 25.72% for next year. EPS is expected to grow by 10.72% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -24.01%.
Float and Shares Shorts:
At present, 200.37 million SHO shares are outstanding with a float of 198.61 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SHO since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.13347 being high and $0.12533 being low. For SHO, this leads to a yearly average estimate of $0.12859. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
