Sunstone Hotel Investors Inc

Zacks.com featured Ternium, CBOE Global Markets, Tutor Perini, Sunstone Hotel Investors, and Casey's General Stores as low-leverage stock picks amid a widespread tech sell-off. The article notes that Wall Street finished June 24, 2026, on a mixed note as investors rotated out of high-flying technology stocks, causing the Nasdaq and S&P 500 to pull back while the Dow edged higher. Against this volatile backdrop, Zacks recommends fiscally conservative companies with low debt-to-equity ratios, highlighting Ternium's 220.6% earnings per ADS improvement to $1.09 in the first quarter of 2026, CBOE's launch of its new prediction markets suite, Tutor Perini's $114 million contract for the Jones Hall Project, Sunstone Hotel Investors' agreement to sell the Hyatt Regency San Francisco for $279 million, and Casey's General Stores' new three-year strategic plan to add at least 400 stores. All five stocks carry favorable Zacks Ranks, with Ternium, CBOE, Sunstone, and Casey's holding a Zacks Rank #1 and Tutor Perini a Zacks Rank #2.

Sunstone Hotel Investors has signed a definitive agreement to sell the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate for $279 million, or $340,000 per room. The price represents 21.4 times hotel adjusted EBITDAre and a 3.5% cap rate on net operating income for the trailing 12 months ended May 31, 2026. Sunstone has already allocated roughly $70 million of the proceeds to repurchase 4.4 million common shares at an average of $9.24 each and 1.4 million combined shares of Series H and Series I preferred stock at an average of $20.37 per share. The transaction is expected to close in late July or early August, and the company is evaluating options for the remaining proceeds to maximize risk-adjusted returns for shareholders.