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Summit Hotel Properties NYSE:INN Stock Report

Last Price

US$6.08

Market Cap

US$758.6m

7D

-6.6%

1Y

-2.4%

Updated

20 Nov, 2024

Data

Company Financials +

Summit Hotel Properties, Inc.

NYSE:INN Stock Report

Market Cap: US$758.6m

INN Stock Overview

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. More details

INN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends4/6

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$6.08
52 Week HighUS$7.22
52 Week LowUS$5.66
Beta2.05
11 Month Change-5.15%
3 Month Change-9.52%
1 Year Change-2.41%
33 Year Change-35.32%
5 Year Change-50.25%
Change since IPO-37.25%

Recent News & Updates

Recent updates

Summit Hotel Properties: Swapping A 6.96% Yield For A 7.44% Yield

Oct 25

Summit Hotel Properties: I Am Still Long The 7.4% Preferred Shares

May 26

Summit Hotel Properties Offers 7.4% On Its Preferred Shares

Mar 05

Summit Hotel: Collect 8.4% Yield On The Preferred Stock

Dec 10

Summit Hotel Properties: A Lot Of Debt

Nov 27

Summit Hotel Properties: Well-Covered Dividends; Attractive Valuation

Aug 09

Summit Hotel Properties: Post-Pandemic Recovery Continues

May 26

Summit Hotel declares $0.3906 dividend

Jan 26

Summit Hotel declares $0.3906 dividend

Oct 28

Summit Hotel goes ex-dividend tomorrow

Aug 15

Summit Hotel FFO of $0.27 misses by $0.02, revenue of $183.2M beats by $13.47M

Aug 02

I'm Adding To My 6.5% Yielding Preferred Securities Of Summit Hotel Properties

Feb 23

Summit Hotel joint venture to acquire Steamboat Springs hotel for $33M

Jun 07

Summit Hotel FFO beats by $0.01, misses on revenue

May 04

Summit Hotel Properties (NYSE:INN) Share Prices Have Dropped 30% In The Last Three Years

Feb 19
Summit Hotel Properties (NYSE:INN) Share Prices Have Dropped 30% In The Last Three Years

Summit Hotel Properties climbs amid short squeeze enthusiasm

Feb 01

Shareholder Returns

INNUS Hotel and Resort REITsUS Market
7D-6.6%-3.4%-1.0%
1Y-2.4%0.4%30.3%

Return vs Industry: INN underperformed the US Hotel and Resort REITs industry which returned 0.9% over the past year.

Return vs Market: INN underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is INN's price volatile compared to industry and market?
INN volatility
INN Average Weekly Movement4.4%
Hotel and Resort REITs Industry Average Movement4.3%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: INN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: INN's weekly volatility (4%) 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 fundamental statistics
Market capUS$758.60m
Earnings (TTM)US$7.66m
Revenue (TTM)US$736.29m

86.1x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
INN income statement (TTM)
RevenueUS$736.29m
Cost of RevenueUS$403.31m
Gross ProfitUS$332.97m
Other ExpensesUS$325.31m
EarningsUS$7.66m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.071
Gross Margin45.22%
Net Profit Margin1.04%
Debt/Equity Ratio97.3%

How did INN perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

32%

Payout Ratio

Does INN pay a reliable dividends?

See INN dividend history and benchmarks
When do you need to buy INN by to receive an upcoming dividend?
Summit Hotel Properties dividend dates
Ex Dividend DateNov 15 2024
Dividend Pay DateNov 29 2024
Days until Ex dividend6 days
Days until Dividend pay date8 days

Does INN pay a reliable dividends?

See INN dividend history and benchmarks