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Sunstone Hotel Investors, Inc. 8-K Report: Key Financial Insights Revealed

$SHO
Form 8-K
Filed on: 2025-02-21
Source
Sunstone Hotel Investors, Inc. 8-K Report: Key Financial Insights Revealed

Based on the provided section of the financial report for Sunstone Hotel Investors, Inc. (CIK: 0001295810), here are the key insights and information extracted:

  1. Company Identification:
  • Name: Sunstone Hotel Investors, Inc.
  • CIK: 0001295810
  • Address: 15 Enterprise Suite 200, Aliso Viejo, CA 92656
  • Phone: 949-330-4000
  1. Filing Details:
  • Filing Type: 8-K
  • Filing Date: February 18, 2025
  • SEC File Number: 001-32319
  • EIN: 20-1296886
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.01
    • Ticker Symbol: SHO (listed on NYSE)
  • Preferred Stocks:
    • Series H Cumulative Redeemable Preferred Stock:
    • Par Value: $0.01
    • Ticker Symbol: SHO.PRH (listed on NYSE)
    • Series I Cumulative Redeemable Preferred Stock:
    • Par Value: $0.01
    • Ticker Symbol: SHO.PRI (listed on NYSE)
  1. Reporting Period:
  • The report covers a specific period defined as February 18, 2025, to February 18, 2025, indicating it is likely a single-day report or an event that occurred on that date.
  1. Stock Classification:
  • The filing makes distinctions between different classes of stock as per US-GAAP:
    • Series H Preferred Stock
    • Common Stock
    • Series I Preferred Stock
  1. Regulatory Compliance:
  • The report follows the XBRL (eXtensible Business Reporting Language) format, indicating compliance with modern financial reporting standards as required by the SEC.

Insights:

  • The filing is a timely report that may indicate a significant event or change in the company's financial status or operations, given the nature of 8-K filings which are used to report unscheduled material events.
  • The presence of multiple classes of stock (common and preferred) suggests a structured approach to capital management, potentially indicating strategies for attracting different types of investors.
  • The specific mention of preferred stocks suggests that they may be an important component of the company's capital structure, possibly providing insights into dividend obligations and investor preferences.

Overall, this report appears to reflect a stable corporate structure with a focus on preferred stock offerings, which may appeal to income-focused investors.