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Summit Hotel Properties NYSE:INN.PRE Stock Report

Last Price

US$21.10

Market Cap

US$759.0m

7D

0.8%

1Y

10.5%

Updated

18 Apr, 2024

Data

Company Financials +

Summit Hotel Properties, Inc.

NYSE:INN.PRE Stock Report

Market Cap: US$759.0m

INN.PRE Stock Overview

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded lodging properties with efficient operating models primarily in the upscale segment of the lodging industry.

INN.PRE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends3/6

Summit Hotel Properties, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Summit Hotel Properties
Historical stock prices
Current Share PriceUS$21.10
52 Week HighUS$22.48
52 Week LowUS$17.03
Beta1.96
1 Month Change-0.19%
3 Month Change-0.99%
1 Year Change10.49%
3 Year Change-16.86%
5 Year Change-10.86%
Change since IPO-15.77%

Recent News & Updates

Recent updates

Shareholder Returns

INN.PREUS Hotel and Resort REITsUS Market
7D0.8%-7.0%-3.7%
1Y10.5%10.1%20.5%

Return vs Industry: INN.PRE matched the US Hotel and Resort REITs industry which returned 10.1% over the past year.

Return vs Market: INN.PRE underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is INN.PRE's price volatile compared to industry and market?
INN.PRE volatility
INN.PRE Average Weekly Movement2.7%
Hotel and Resort REITs Industry Average Movement4.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: INN.PRE has not had significant price volatility in the past 3 months.

Volatility Over Time: INN.PRE's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201078Jon Stannerwww.shpreit.com

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded lodging properties with efficient operating models primarily in the upscale segment of the lodging industry. As of November 1, 2023, the Company's portfolio consisted of 101 assets, 57 of which are wholly owned, with a total of 15,035 guestrooms located in 24 states.

Summit Hotel Properties, Inc. Fundamentals Summary

How do Summit Hotel Properties's earnings and revenue compare to its market cap?
INN.PRE fundamental statistics
Market capUS$759.03m
Earnings (TTM)-US$27.99m
Revenue (TTM)US$736.13m

0.9x

P/S Ratio

-23.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
INN.PRE income statement (TTM)
RevenueUS$736.13m
Cost of RevenueUS$404.49m
Gross ProfitUS$331.64m
Other ExpensesUS$359.63m
Earnings-US$27.99m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)-0.26
Gross Margin45.05%
Net Profit Margin-3.80%
Debt/Equity Ratio102.4%

How did INN.PRE perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

30%

Payout Ratio
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