Evercore cuts Sunstone Hotel Investors stock rating to In Line

Published on 10/28/2026 at 05:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Evercore changed its view on October 26, 2026. Sunstone Hotel Investors stock keeps a USD 13.00 target before its November 6, 2026 results are due.

Ratings and results dates

Evercore set a USD 13.00 target after its October 26, 2026 rating change.
Second-quarter revenue reached USD 277.11 million against USD 266.67 million expected.
Sunstone Hotel Investors scheduled its third-quarter results for November 6, 2026.

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Sunstone Hotel Investors (ISIN US8678921011) was downgraded by Evercore ISI from Outperform to In Line on October 26, 2026, with a USD 13.00 price target, according to Markets Insider. The rating change arrived ahead of Sunstone's scheduled third-quarter results.

Three milestones shape the setup

Sunstone's recent operating record gives the rating change a clear financial backdrop. On June 23, 2026, the company announced an agreement to sell Hyatt Regency San Francisco for USD 279.00 million, as listed in its Sunstone Hotel Investors release archive. On August 6, 2026, second-quarter revenue reached USD 277.11 million, above the USD 266.67 million consensus estimate, while earnings per share came to USD 0.14 versus USD 0.08 expected, according to MarketBeat. On October 26, 2026, Evercore's change became the latest of the three milestones, leaving the USD 13.00 target unchanged.

What does the target imply?

The target sits 1.80 percent above the last NYSE close of USD 12.77 on October 27, 2026 at 4:00 p.m. ET. That narrow spread makes the upcoming report more important than the target itself, because investors will be looking for evidence that room demand and pricing can support the earnings improvement already visible in the second-quarter figures. MarketBeat reported full-year 2026 earnings guidance of USD 0.93 to USD 0.98 per share and a 5.30 percent net margin in its October 27, 2026 report.

Next results date

The next substantiated event is Sunstone's third-quarter 2026 earnings release and conference call on November 6, 2026, a date listed in the company's September 18, 2026 release archive. The company operates as a hotel-focused real estate investment trust, so the report should connect operating performance with asset sales and capital allocation.

Stock context before results

The last NYSE close was USD 12.77 on October 27, 2026, while the 52-week range was USD 8.69 to USD 12.78 as of that date. Sunstone Hotel Investors therefore finished the latest completed session 0.01 below its cited 52-week high, leaving the Evercore downgrade and the November reporting date as the clearest near-term reference points. The further course of trading is shown by the continuously updated real-time quote of Sunstone Hotel Investors stock.