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Summit Hotel Properties NYSE:INN Stock Report

Last Price

US$6.76

Market Cap

US$814.6m

7D

0%

1Y

2.6%

Updated

06 Feb, 2025

Data

Company Financials +

Summit Hotel Properties, Inc.

NYSE:INN Stock Report

Market Cap: US$814.6m

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

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Summit Hotel Properties, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Summit Hotel Properties
Historical stock prices
Current Share PriceUS$6.76
52 Week HighUS$7.22
52 Week LowUS$5.66
Beta2.02
1 Month Change2.42%
3 Month Change3.21%
1 Year Change2.58%
3 Year Change-31.85%
5 Year Change-41.57%
Change since IPO-30.24%

Recent News & Updates

Summit Hotel Properties: 7.6% Preferred Dividend Yield Offers Nice Diversification

Jan 17

Recent updates

Summit Hotel Properties: 7.6% Preferred Dividend Yield Offers Nice Diversification

Jan 17

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

Shareholder Returns

INNUS Hotel and Resort REITsUS Market
7D0%-1.6%0.6%
1Y2.6%-11.6%22.4%

Return vs Industry: INN exceeded the US Hotel and Resort REITs industry which returned -11.6% over the past year.

Return vs Market: INN underperformed the US Market which returned 22.4% over the past year.

Price Volatility

Is INN's price volatile compared to industry and market?
INN volatility
INN Average Weekly Movement3.8%
Hotel and Resort REITs Industry Average Movement4.2%
Market Average Movement6.4%
10% most volatile stocks in US Market18.8%
10% least volatile stocks in US Market3.2%

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$814.56m
Earnings (TTM)US$7.66m
Revenue (TTM)US$736.29m

95.7x

P/E Ratio

1.0x

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

Feb 24, 2025

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

4.7%

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 DateFeb 14 2025
Dividend Pay DateFeb 28 2025
Days until Ex dividend7 days
Days until Dividend pay date21 days

Does INN pay a reliable dividends?

See INN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 03:29
End of Day Share Price 2025/02/06 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.

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 Github.

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