INN 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.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
Summit Hotel Properties, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.07 |
| 52 Week High | US$7.26 |
| 52 Week Low | US$5.31 |
| Beta | 1.96 |
| 1 Month Change | -3.96% |
| 3 Month Change | -10.21% |
| 1 Year Change | -2.25% |
| 3 Year Change | -42.02% |
| 5 Year Change | -50.61% |
| Change since IPO | -37.36% |
Recent News & Updates
Recent updates
Summit Hotel Properties Offers 7.4% On Its Preferred Shares
Mar 05Summit Hotel: Collect 8.4% Yield On The Preferred Stock
Dec 10Summit Hotel Properties: A Lot Of Debt
Nov 27Summit Hotel Properties: Well-Covered Dividends; Attractive Valuation
Aug 09Summit Hotel Properties: Post-Pandemic Recovery Continues
May 26Summit Hotel declares $0.3906 dividend
Jan 26Summit Hotel declares $0.3906 dividend
Oct 28Summit Hotel goes ex-dividend tomorrow
Aug 15Summit Hotel FFO of $0.27 misses by $0.02, revenue of $183.2M beats by $13.47M
Aug 02I'm Adding To My 6.5% Yielding Preferred Securities Of Summit Hotel Properties
Feb 23Summit Hotel joint venture to acquire Steamboat Springs hotel for $33M
Jun 07Summit Hotel FFO beats by $0.01, misses on revenue
May 04Summit Hotel Properties (NYSE:INN) Share Prices Have Dropped 30% In The Last Three Years
Feb 19
Summit Hotel Properties climbs amid short squeeze enthusiasm
Feb 01Summit Hotel Properties prices 1.50% convertible senior notes due 2026
Jan 08Summit Hotel launches public offering of convertible senior notes due 2026
Jan 06Summit Hotel: Check-INN To This Select Service Hotel REIT
Dec 26Summit Hotel Properties initiates leadership transition
Dec 17Shareholder Returns
| INN | US Hotel and Resort REITs | US Market | |
|---|---|---|---|
| 7D | -1.1% | 1.8% | 1.0% |
| 1Y | -2.3% | 13.9% | 21.9% |
Return vs Industry: INN underperformed the US Hotel and Resort REITs industry which returned 16.7% over the past year.
Return vs Market: INN underperformed the US Market which returned 24.9% over the past year.
Price Volatility
| INN volatility | |
|---|---|
| INN Average Weekly Movement | 4.1% |
| Hotel and Resort REITs Industry Average Movement | 3.8% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: INN has not had significant price volatility in the past 3 months.
Volatility Over Time: INN's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | 78 | Jon Stanner | www.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
| INN fundamental statistics | |
|---|---|
| Market cap | US$753.09m |
| Earnings (TTM) | -US$27.99m |
| Revenue (TTM) | US$736.13m |
0.9x
P/S Ratio-23.3x
P/E RatioIs INN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| INN income statement (TTM) | |
|---|---|
| Revenue | US$736.13m |
| Cost of Revenue | US$404.49m |
| Gross Profit | US$331.64m |
| Other Expenses | US$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 Margin | 45.05% |
| Net Profit Margin | -3.80% |
| Debt/Equity Ratio | 102.4% |
How did INN perform over the long term?
See historical performance and comparison