Summit Hotel Properties, Inc.

NYSE:INN.PRF Stock Report

Market Cap: US$848.1m

Summit Hotel Properties Past Earnings Performance

Past criteria checks 2/6

Summit Hotel Properties has been growing earnings at an average annual rate of 9.2%, while the Hotel and Resort REITs industry saw earnings growing at 27.5% annually. Revenues have been growing at an average rate of 16.6% per year. Summit Hotel Properties's return on equity is 1.2%, and it has net margins of 1%.

Key information

9.2%

Earnings growth rate

9.3%

EPS growth rate

Hotel and Resort REITs Industry Growth-8.6%
Revenue growth rate16.6%
Return on equity1.2%
Net Margin1.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Summit Hotel Properties makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:INN.PRF Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 247368480
30 Jun 247416490
31 Mar 24742-25500
31 Dec 23736-28500
30 Sep 23731-23490
30 Jun 23727-18470
31 Mar 23716-10450
31 Dec 22676-17460
30 Sep 22610-20470
30 Jun 22543-31430
31 Mar 22446-61390
31 Dec 21362-84340
30 Sep 21303-115350
30 Jun 21245-142340
31 Mar 21184-174320
31 Dec 20234-158320
30 Sep 20320-106290
30 Jun 20401-60320
31 Mar 2051939370
31 Dec 1954968400
30 Sep 1954864390
30 Jun 1955790390
31 Mar 1956679390
31 Dec 1856771400
30 Sep 1856771410
30 Jun 1856155410
31 Mar 1853851400
31 Dec 1751579380
30 Sep 1749480340
30 Jun 1747684300
31 Mar 1747472250
31 Dec 1647487380
30 Sep 16474164190
30 Jun 16480151180
31 Mar 16474146180
31 Dec 15463108180
30 Sep 1545328190
30 Jun 1543718200
31 Mar 1542211200
31 Dec 144034200
30 Sep 14382-4170
30 Jun 14355-5150
31 Mar 14329-8130
31 Dec 13299-8130

Quality Earnings: INN.PRF has a large one-off gain of $14.8M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: INN.PRF became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: INN.PRF's earnings have grown by 9.2% per year over the past 5 years.

Accelerating Growth: INN.PRF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: INN.PRF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hotel and Resort REITs industry (-4.5%).

Return on Equity

High ROE: INN.PRF's Return on Equity (1.2%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:57
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Summit Hotel Properties, Inc. is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael BellisarioBaird
Mark LutenskiBMO Capital Markets U.S. (Historical)
Dany AsadBofA Global Research