Sunstone raises 2026 outlook as Q2 net income rises to $26.0 million
Sunstone Hotel Investors reported second-quarter 2026 net income attributable to common stockholders of $26.0 million, or $0.14 per diluted share, up from $6.8 million, or $0.03, a year earlier. The company raised its full-year 2026 outlook, citing stronger leisure demand and its July 30, 2026 sale of Hyatt Regency San Francisco, which also funded stock repurchases.
Key points
- Q2 2026 net income attributable to common stockholders was $26.0 million, or $0.14 per diluted share, versus $6.8 million, or $0.03, in Q2 2025.
- Current full-year 2026 net income guidance is $79 million to $89 million, versus $34 million to $48 million before adjustments for the Hyatt Regency San Francisco sale.
- Full-year 2026 Adjusted FFO per diluted share guidance is $0.93 to $0.98, up from an adjusted prior range of $0.86 to $0.94.
- The company sold the 821-room Hyatt Regency San Francisco on July 30, 2026 for a gross price of $279 million and declared a $0.09 common dividend payable October 15, 2026.
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.