Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Independent Director Mehulkumar Patel was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • May 03
Summit Hotel Properties, Inc. Provides Earnings Guidance for the Year 2026 Summit Hotel Properties, Inc. provided earnings guidance for the year 2026. For the year, the company expects net loss to be in the range of $32,900,000 to $18,400,000. Annonce • Apr 24
Summit Hotel Properties Declares cash Dividend for the first quarter ended March 31, 2026, Payable on May 29, 2026 Summit Hotel Properties, Inc. announced that its Board of Directors has authorized, and the Company has declared, a cash dividend for the first quarter ended March 31, 2026, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's first quarter common dividend represents an annualized dividend yield of 6.8 percent based on the closing price of shares of the common stock on April 22, 2026. The dividends are payable on May 29, 2026, to holders of record as of May 15, 2026. Annonce • Mar 26
Summit Hotel Properties, Inc. to Report Q1, 2026 Results on Apr 30, 2026 Summit Hotel Properties, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 30, 2026 Annonce • Feb 23
Summit Hotel Properties, Inc., Annual General Meeting, May 20, 2026 Summit Hotel Properties, Inc., Annual General Meeting, May 20, 2026. Location: hampton inn & suites austin downtown, 200 san jacinto boulevard, austin 78701, texas United States Annonce • Jan 23
Summit Hotel Properties Declares Fourth Quarter 2025 Dividend, Payable on February 27, 2026 Summit Hotel Properties, Inc. announced that its Board of Directors has authorized, and the Company has declared, a cash dividend for the fourth quarter ended December 31, 2025, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's fourth quarter common dividend represents an annualized dividend yield of 6.6% based on the closing price of shares of the common stock on January 21, 2026. The dividend is payable on February 27, 2026, to holders of record as of February 13, 2026. Annonce • Jan 13
Summit Hotel Properties, Inc. to Report Q4, 2025 Results on Feb 25, 2026 Summit Hotel Properties, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 25, 2026 Annonce • Nov 06
An undisclosed buyer acquired Courtyard Kansas City Country Club Plaza from Summit Hotel Properties, Inc. (NYSE:INN) for $19 million. An undisclosed buyer acquired Courtyard Kansas City Country Club Plaza from Summit Hotel Properties, Inc. (NYSE:INN) for $19 million in October, 2025. In a related transaction, an undisclosed buyer acquired Courtyard Amarillo Downtown from Summit Hotel Properties, Inc. (NYSE:INN) for $20 million.
An undisclosed buyer completed the acquisition of Courtyard Kansas City Country Club Plaza from Summit Hotel Properties, Inc. (NYSE:INN) in October, 2025. Annonce • Sep 24
Summit Hotel Properties, Inc. to Report Q3, 2025 Results on Nov 04, 2025 Summit Hotel Properties, Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025 Annonce • Aug 02
Summit Hotel Properties, Inc. Declares Cash Dividend for the Second Quarter Ended June 30, 2025, Payable on August 29, 2025 Summit Hotel Properties, Inc. announced that its Board of Directors has authorized, and the Company has declared, a cash dividend for the second quarter ended June 30, 2025, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's second quarter common dividend represents an annualized dividend yield of 6.1% based on the closing price of shares of the common stock on July 31, 2025. The dividends are payable on August 29, 2025, to holders of record as of August 15, 2025. Annonce • Jun 25
Summit Hotel Properties, Inc. to Report Q2, 2025 Results on Aug 05, 2025 Summit Hotel Properties, Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Aug 05, 2025 Annonce • Apr 25
Summit Hotel Properties, Inc. Declares Cash Dividend for the First Quarter Ended March 31, 2025, Payable on May 30, 2025 Summit Hotel Properties, Inc. announced that its Board of Directors has authorized, and the Company has declared, a cash dividend for the first quarter ended March 31, 2025, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's first quarter common dividend represents an annualized dividend yield of 8.2% based on the closing price of shares of the common stock on April 23, 2025. The dividends are payable on May 30, 2025, to holders of record as of May 16, 2025. Annonce • Mar 27
Summit Hotel Properties, Inc. to Report Q1, 2025 Results on Apr 30, 2025 Summit Hotel Properties, Inc. announced that they will report Q1, 2025 results After-Market on Apr 30, 2025 Annonce • Feb 21
Summit Hotel Properties, Inc., Annual General Meeting, May 21, 2025 Summit Hotel Properties, Inc., Annual General Meeting, May 21, 2025. Location: 440 seabreeze boulevard, fort lauderdale, florida 33316, florida United States Annonce • Jan 24
Summit Hotel Properties, Inc. Declares Cash Dividend for the Fourth Quarter Ended December 31, 2024, Payable on February 28, 2025 Summit Hotel Properties, Inc. announced that its Board of Directors has authorized, and the Company has declared, a cash dividend for the fourth quarter ended December 31, 2024, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The dividends are payable on February 28, 2025, to holders of record as of February 14, 2025. Annonce • Jan 10
Summit Hotel Properties, Inc. to Report Q4, 2024 Results on Feb 24, 2025 Summit Hotel Properties, Inc. announced that they will report Q4, 2024 results After-Market on Feb 24, 2025 Board Change • Dec 30
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Mehulkumar Patel was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 11
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 15 November 2024. Payment date: 29 November 2024. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (5.4%). Annonce • Nov 08
Piramco Inc. acquired Four Points by Sheraton in San Francisco from Summit Hotel Properties, Inc. (NYSE:INN) for $17.7 million. Piramco Inc. acquired Four Points by Sheraton in San Francisco from Summit Hotel Properties, Inc. (NYSE:INN) for $17.7 million on November 7, 2024.
Piramco Inc. completed the acquisition of Four Points by Sheraton in San Francisco from Summit Hotel Properties, Inc. (NYSE:INN) for $17.7 million on November 7, 2024. Reported Earnings • Nov 05
Third quarter 2024 earnings released: US$0.04 loss per share (vs US$0.051 loss in 3Q 2023) Third quarter 2024 results: US$0.04 loss per share (improved from US$0.051 loss in 3Q 2023). Revenue: US$176.8m (down 2.8% from 3Q 2023). Net loss: US$4.27m (loss narrowed 21% from 3Q 2023). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Declared Dividend • Oct 28
Second quarter dividend of US$0.08 announced Shareholders will receive a dividend of US$0.08. Ex-date: 15th November 2024 Payment date: 29th November 2024 Dividend yield will be 4.9%, which is higher than the industry average of 3.8%. Annonce • Oct 25
Summit Hotel Properties, Inc. Declares Dividend for the Third Quarter Ended September 30, 2024, Payable on November 29, 2024 Summit Hotel Properties, Inc. announced that its Board of Directors has authorized, and the Company has declared, a cash dividend for the third quarter ended September 30, 2024, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's third quarter common dividend represents an annualized dividend yield of 5.2 percent based on the closing price of shares of the common stock on October 23, 2024. The dividends are payable on November 29, 2024, to holders of record as of November 15, 2024. Annonce • Sep 24
Summit Hotel Properties, Inc. to Report Q3, 2024 Results on Nov 04, 2024 Summit Hotel Properties, Inc. announced that they will report Q3, 2024 results After-Market on Nov 04, 2024 Upcoming Dividend • Aug 12
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 16 August 2024. Payment date: 30 August 2024. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.0%). New Risk • Jul 30
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 60% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings are forecast to decline by an average of 60% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Declared Dividend • Jul 29
First quarter dividend of US$0.08 announced Shareholders will receive a dividend of US$0.08. Ex-date: 16th August 2024 Payment date: 30th August 2024 Dividend yield will be 4.7%, which is higher than the industry average of 3.8%. Annonce • Jul 26
Summit Hotel Properties, Inc. Declares Cash Dividend for the Second Quarter Ended June 30, 2024, Payable on August 30, 2024 Summit Hotel Properties, Inc. announced that its Board of Directors has authorized, and the Company has declared, a cash dividend for the second quarter ended June 30, 2024, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's second quarter common dividend represents an annualized dividend yield of 5.4% based on the closing price of shares of the common stock on July 24, 2024. The dividends are payable on August 30, 2024, to holders of record as of August 16, 2024. Annonce • Jun 25
Summit Hotel Properties, Inc. to Report Q2, 2024 Results on Jul 29, 2024 Summit Hotel Properties, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jul 29, 2024 Breakeven Date Change • Jun 05
Forecast to breakeven in 2026 The 5 analysts covering Summit Hotel Properties expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 26% per year to 2025. The company is expected to make a profit of US$1.85m in 2026. Average annual earnings growth of 52% is required to achieve expected profit on schedule. Board Change • Jun 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Mehulkumar Patel was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 06
First quarter dividend of US$0.08 announced Shareholders will receive a dividend of US$0.08. Ex-date: 16th May 2024 Payment date: 31st May 2024 Dividend yield will be 4.3%, which is higher than the industry average of 3.8%. Reported Earnings • May 02
First quarter 2024 earnings released: US$0.02 loss per share (vs US$0.05 loss in 1Q 2023) First quarter 2024 results: US$0.02 loss per share (improved from US$0.05 loss in 1Q 2023). Revenue: US$188.1m (up 3.2% from 1Q 2023). Net loss: US$2.12m (loss narrowed 60% from 1Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Annonce • Mar 27
Summit Hotel Properties, Inc. to Report Q1, 2024 Results on May 01, 2024 Summit Hotel Properties, Inc. announced that they will report Q1, 2024 results After-Market on May 01, 2024 Reported Earnings • Feb 29
Full year 2023 earnings released: US$0.27 loss per share (vs US$0.16 loss in FY 2022) Full year 2023 results: US$0.27 loss per share (further deteriorated from US$0.16 loss in FY 2022). Revenue: US$736.1m (up 8.9% from FY 2022). Net loss: US$28.0m (loss widened 65% from FY 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Annonce • Feb 24
Summit Hotel Properties, Inc., Annual General Meeting, May 22, 2024 Summit Hotel Properties, Inc., Annual General Meeting, May 22, 2024, at 08:00 Central Standard Time. Location: Hampton Inn & Suites located at 200 San Jacinto Boulevard Texas 78701 Austin Texas United States Upcoming Dividend • Feb 07
Upcoming dividend of US$0.06 per share at 3.7% yield Eligible shareholders must have bought the stock before 14 February 2024. Payment date: 29 February 2024. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (4.9%). Declared Dividend • Jan 29
Third quarter dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 14th February 2024 Payment date: 29th February 2024 Dividend yield will be 3.6%, which is about the same as the industry average. Annonce • Jan 26
Summit Hotel Properties, Inc. Declares Cash Dividend for the Fourth Quarter Ended December 31, 2023, Payable on February 29, 2024 Summit Hotel Properties, Inc. announced that its Board of Directors has authorized, and the Company has declared, a cash dividend for the fourth quarter ended December 31, 2023, of $0.06 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's fourth quarter common dividend represents an annualized dividend yield of 3.6% based on the closing price of shares of the common stock on January 24, 2024. The dividend is payable on February 29, 2024, to holders of record as of February 15, 2024. Annonce • Jan 05
Summit Hotel Properties, Inc. to Report Q4, 2023 Results on Feb 28, 2024 Summit Hotel Properties, Inc. announced that they will report Q4, 2023 results After-Market on Feb 28, 2024 Upcoming Dividend • Nov 08
Upcoming dividend of US$0.06 per share at 3.9% yield Eligible shareholders must have bought the stock before 15 November 2023. Payment date: 30 November 2023. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.7%). Annonce • Nov 03
An unknown buyer agreed to acquire Hyatt Place Baltimore / Owings Mills from Summit Hotel Properties, Inc. (NYSE:INN) for $8.3 million. An unknown buyer agreed to acquire Hyatt Place Baltimore / Owings Mills from Summit Hotel Properties, Inc. (NYSE:INN) for $8.3 million on November 1, 2023. The purchase price for the transaction represents a 4.6 percent capitalization rate based on net operating income after a 4 percent FF&E reserve for the trailing 12 months ended September 30, 2023. The Company expects to forego future near-term required capital expenditures at the hotel as a result of the sale, which would reduce the all-in capitalization rate to approximately 2.9 percent. The buyer's earnest money is non-refundable as of November 1, 2023, however the Company can make no assurances that it will be able to complete the sale transaction based on the current contractual terms or at all. Transaction is expected to close in the fourth quarter of 2023. Reported Earnings • Nov 03
Third quarter 2023 earnings released: US$51.47 loss per share (vs US$0.005 loss in 3Q 2022) Third quarter 2023 results: US$51.47 loss per share (further deteriorated from US$0.005 loss in 3Q 2022). Revenue: US$181.8m (up 2.0% from 3Q 2022). Net loss: US$5.44m (loss widened US$4.92m from 3Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annonce • Oct 27
Summit Hotel Properties, Inc. Declares Third Quarter 2023 Dividend, Payable on November 30, 2023 Summit Hotel Properties, Inc. announced that its Board of Directors has authorized, and the Company has declared, a cash dividend for the third quarter ended September 30, 2023, of $0.06 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's third quarter common dividend represents an annualized dividend yield of 4.3% based on the closing price of shares of the common stock on October 25, 2023. The dividend is payable on November 30, 2023, to holders of record as of November 16, 2023. Breakeven Date Change • Oct 07
No longer forecast to breakeven The 4 analysts covering Summit Hotel Properties no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$1.54m in 2025. New consensus forecast suggests the company will make a loss of US$6.35m in 2025. Annonce • Sep 27
Summit Hotel Properties, Inc. to Report Q3, 2023 Results on Nov 01, 2023 Summit Hotel Properties, Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 01, 2023 Upcoming Dividend • Aug 09
Upcoming dividend of US$0.06 per share at 4.1% yield Eligible shareholders must have bought the stock before 16 August 2023. Payment date: 31 August 2023. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (4.4%). Annonce • Aug 04
Summit Hotel Properties, Inc. (NYSE:INN) and GIC Private Limited acquired The Nordic Lodge Hotel for $13.7 million. Summit Hotel Properties, Inc. (NYSE:INN) and GIC Private Limited acquired The Nordic Lodge Hotel for $13.7 million on June 23, 2023. The Company estimates The Nordic Lodge Hotel to yield between a 10 percent and 10.5 percent capitalization rate based on the full year estimated 2023 net operating income prior to any potential synergies related to common ownership with the Residence Inn Steamboat. The Company funded its 51% interest in the joint venture acquisition using a portion of the net proceeds generated from the recently completed four-hotel portfolio sale and cash on hand.Summit Hotel Properties, Inc. (NYSE:INN) and GIC Private Limited completed the acquisition of The Nordic Lodge Hotel on June 23, 2023. Reported Earnings • Aug 03
Second quarter 2023 earnings released: US$0.007 loss per share (vs US$0.075 profit in 2Q 2022) Second quarter 2023 results: US$0.007 loss per share (down from US$0.075 profit in 2Q 2022). Revenue: US$194.5m (up 6.1% from 2Q 2022). Net loss: US$753.0k (down 110% from profit in 2Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annonce • Jul 28
Summit Hotel Properties Declares Second Quarter 2023 Common Stock Dividend, Payable on August 31, 2023 Summit Hotel Properties, Inc. announced that its Board of Directors has authorized, and the Company has declared, a cash dividend for the second quarter ended June 30, 2023, of $0.06 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The dividends are payable on August 31, 2023, to holders of record as of August 17, 2023. Annonce • Jun 22
Summit Hotel Properties, Inc. to Report Q2, 2023 Results on Aug 02, 2023 Summit Hotel Properties, Inc. announced that they will report Q2, 2023 results After-Market on Aug 02, 2023 Breakeven Date Change • Jun 08
Forecast breakeven date pushed back to 2025 The 4 analysts covering Summit Hotel Properties previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 67% per year to 2024. The company is expected to make a profit of US$3.19m in 2025. Average annual earnings growth of 83% is required to achieve expected profit on schedule. Annonce • Jun 07
An unknown buyer acquired four-hotel portfolio from Summit Hotel Properties, Inc. (NYSE:INN). An unknown buyer agreed to acquire a four-hotel portfolio from Summit Hotel Properties, Inc. (NYSE:INN) for $28.1 million on February 27, 2023. In a related transaction, Summit Hotel Properties agreed to dispose a Two-Hotel Portfolio and a vacant land parcel. The deal is expected to close in the second quarter of 2023.An unknown buyer acquired four-hotel portfolio from Summit Hotel Properties, Inc. (NYSE:INN) on June 5, 2023. Upcoming Dividend • May 09
Upcoming dividend of US$0.06 per share at 3.6% yield Eligible shareholders must have bought the stock before 16 May 2023. Payment date: 31 May 2023. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.8%). Reported Earnings • May 05
First quarter 2023 earnings released: US$0.05 loss per share (vs US$0.12 loss in 1Q 2022) First quarter 2023 results: US$0.05 loss per share (improved from US$0.12 loss in 1Q 2022). Revenue: US$182.4m (up 29% from 1Q 2022). Net loss: US$5.23m (loss narrowed 58% from 1Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 21
President recently bought €142k worth of stock On the 16th of March, Jonathan Stanner bought around 22k shares on-market at roughly €6.50 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jonathan's only on-market trade for the last 12 months. Buying Opportunity • Mar 11
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €8.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Mar 03
Full year 2022 earnings released: US$0.11 loss per share (vs US$0.80 loss in FY 2021) Full year 2022 results: US$0.11 loss per share (improved from US$0.80 loss in FY 2021). Revenue: US$675.7m (up 87% from FY 2021). Net loss: US$11.9m (loss narrowed 86% from FY 2021). Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Buying Opportunity • Feb 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 8.6%. The fair value is estimated to be €9.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 20% in a year. Earnings is forecast to grow by 79% in the next year. Upcoming Dividend • Feb 06
Upcoming dividend of US$0.04 per share at 1.9% yield Eligible shareholders must have bought the stock before 13 February 2023. Payment date: 28 February 2023. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.7%). Buying Opportunity • Feb 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.2%. The fair value is estimated to be €9.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Annonce • Jan 27
Summit Hotel Properties, Inc. Declares Cash Dividend for the Fourth Quarter Ended December 31, 2022, Payable on February 28, 2023 Summit Hotel Properties, Inc. announced that its Board of Directors has authorized, and the Company has declared, a cash dividend for the fourth quarter ended December 31, 2022, of $0.04 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The dividend is payable on February 28, 2023, to holders of record as of February 14, 2023. Annonce • Jan 11
Summit Hotel Properties, Inc. to Report Q4, 2022 Results on Feb 27, 2023 Summit Hotel Properties, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2023 Upcoming Dividend • Nov 08
Upcoming dividend of US$0.04 per share Eligible shareholders must have bought the stock before 15 November 2022. Payment date: 30 November 2022. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (5.5%). Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$0.001 (vs US$0.10 loss in 3Q 2021) Third quarter 2022 results: EPS: US$0.001 (up from US$0.10 loss in 3Q 2021). Revenue: US$178.3m (up 61% from 3Q 2021). Net income: US$139.0k (up US$11.1m from 3Q 2021). Profit margin: 0.1% (up from net loss in 3Q 2021). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Aug 09
Upcoming dividend of US$0.04 per share Eligible shareholders must have bought the stock before 16 August 2022. Payment date: 31 August 2022. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (4.6%). Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: US$0.11 (vs US$0.21 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.11 (up from US$0.21 loss in 2Q 2021). Revenue: US$183.2m (up 112% from 2Q 2021). Net income: US$11.9m (up US$34.3m from 2Q 2021). Profit margin: 6.5% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 27% while the industry in Germany is not expected to grow. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 25
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: US$0.80 loss per share (up from US$1.52 loss in FY 2020). Revenue: US$361.9m (up 54% from FY 2020). Net loss: US$83.7m (loss narrowed 47% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 58% while thereits industry in Germany is not expected to grow. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 05
Third quarter 2021 earnings released: US$0.043 loss per share (vs US$0.37 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$110.7m (up 111% from 3Q 2020). Net loss: US$4.50m (loss narrowed 88% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Aug 15
Executive Chairman recently sold €2.7m worth of stock On the 11th of August, Daniel Hansen sold around 350k shares on-market at roughly €7.70 per share. This was the largest sale by an insider in the last 3 months. This was Daniel's only on-market trade for the last 12 months. Reported Earnings • Aug 04
Second quarter 2021 earnings released: US$0.21 loss per share (vs US$0.52 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$86.5m (up 240% from 2Q 2020). Net loss: US$22.4m (loss narrowed 59% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • May 06
First quarter 2021 earnings released: US$0.34 loss per share (vs US$0.18 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$57.9m (down 47% from 1Q 2020). Net loss: US$35.1m (loss widened 84% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 25
Full year 2020 earnings released: US$1.52 loss per share (vs US$0.65 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$234.5m (down 57% from FY 2019). Net loss: US$158.2m (down 335% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 81% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 25
Revenue misses expectations Revenue missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 43%, compared to a 45% growth forecast for the REITs industry in Germany. Is New 90 Day High Low • Feb 18
New 90-day high: €8.30 The company is up 25% from its price of €6.65 on 19 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.92 per share. Is New 90 Day High Low • Dec 10
New 90-day high: €7.80 The company is up 72% from its price of €4.54 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €42.05 per share. Is New 90 Day High Low • Nov 10
New 90-day high: €6.45 The company is up 19% from its price of €5.40 on 11 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €48.48 per share. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue misses expectations Revenue missed analyst estimates by 0.03%. Over the next year, revenue is forecast to grow 1.2%, compared to a 113% growth forecast for the REITs industry in Germany. Reported Earnings • Nov 07
Third quarter 2020 earnings released: US$0.37 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: US$52.4m (down 61% from 3Q 2019). Net loss: US$38.3m (down US$46.0m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 05
Third quarter 2020 earnings released: US$0.37 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: US$52.4m (down 61% from 3Q 2019). Net loss: US$38.3m (down US$46.0m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 05
Revenue misses expectations Revenue missed analyst estimates by 0.03%. Over the next year, revenue is forecast to grow 2.7%, compared to a 119% growth forecast for the REITs industry in Germany. Is New 90 Day High Low • Sep 25
New 90-day low: €4.18 The company is down 16% from its price of €5.00 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €36.79 per share.