Summit Hotel Properties, Inc.

NYSE:INN Stock Report

Market Cap: US$814.6m

Summit Hotel Properties Management

Management criteria checks 3/4

Summit Hotel Properties' CEO is Jon Stanner, appointed in Jan 2021, has a tenure of 4.08 years. total yearly compensation is $5.65M, comprised of 12.4% salary and 87.6% bonuses, including company stock and options. directly owns 1.32% of the company’s shares, worth $10.72M. The average tenure of the management team and the board of directors is 7.5 years and 9.1 years respectively.

Key information

Jon Stanner

Chief executive officer

US$5.7m

Total compensation

CEO salary percentage12.4%
CEO tenure4.1yrs
CEO ownership1.3%
Management average tenure7.5yrs
Board average tenure9.1yrs

Recent management updates

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

CEO Compensation Analysis

How has Jon Stanner's remuneration changed compared to Summit Hotel Properties's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$8m

Jun 30 2024n/an/a

US$6m

Mar 31 2024n/an/a

-US$25m

Dec 31 2023US$6mUS$700k

-US$28m

Sep 30 2023n/an/a

-US$23m

Jun 30 2023n/an/a

-US$18m

Mar 31 2023n/an/a

-US$10m

Dec 31 2022US$5mUS$700k

-US$17m

Sep 30 2022n/an/a

-US$20m

Jun 30 2022n/an/a

-US$31m

Mar 31 2022n/an/a

-US$61m

Dec 31 2021US$5mUS$592k

-US$84m

Sep 30 2021n/an/a

-US$115m

Jun 30 2021n/an/a

-US$142m

Mar 31 2021n/an/a

-US$174m

Dec 31 2020US$2mUS$433k

-US$158m

Sep 30 2020n/an/a

-US$106m

Jun 30 2020n/an/a

-US$60m

Mar 31 2020n/an/a

US$39m

Dec 31 2019US$2mUS$450k

US$68m

Sep 30 2019n/an/a

US$64m

Jun 30 2019n/an/a

US$90m

Mar 31 2019n/an/a

US$79m

Dec 31 2018US$2mUS$425k

US$71m

Compensation vs Market: Jon's total compensation ($USD5.65M) is above average for companies of similar size in the US market ($USD3.22M).

Compensation vs Earnings: Jon's compensation has been consistent with company performance over the past year.

CEO

Jon Stanner (43 yo)

4.1yrs

Tenure

US$5,652,211

Compensation

Mr. Jonathan P. Stanner, also known as Jon, serves as a Director at RI Port Hillsboro JV BR 152, LLC and RI Port River JV BR 151, LLC. He serves as a Director at HG San Jose Jv BR 150, LLC. He has been Dir...

Leadership Team

NamePositionTenureCompensationOwnership
Jonathan Stanner
President4.1yrsUS$5.65m1.32%
$ 10.7m
William Conkling
Executive VP & CFO3.8yrsUS$2.37m0.47%
$ 3.9m
Paul Ruiz
Senior VP & Chief Accounting Officer10.8yrsUS$1.16m0.26%
$ 2.1m
Christopher Eng
Chief Risk Officer14.7yrsUS$1.40m0.29%
$ 2.3m
Adam Wudel
Senior VP of Finance & Capital Marketsno datano datano data

7.5yrs

Average Tenure

50.5yo

Average Age

Experienced Management: INN's management team is seasoned and experienced (7.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jonathan Stanner
President4.1yrsUS$5.65m1.32%
$ 10.7m
Kenneth Kay
Independent Director10.6yrsUS$202.81k0.11%
$ 882.3k
Jeffrey Jones
Independent Non-Executive Chairman10.6yrsUS$305.31k0.11%
$ 882.3k
Thomas Storey
Independent Director14yrsUS$185.31k0.17%
$ 1.4m
Bjorn R. Hanson
Independent Director14yrsUS$187.81k0.12%
$ 983.1k
Hope Taitz
Independent Director7.6yrsUS$197.81k0.092%
$ 746.4k
Mehulkumar Patel
Independent Director3.1yrsUS$167.81k0.48%
$ 3.9m
Amina Porter
Independent Director3.8yrsUS$185.31k0.052%
$ 421.7k

9.1yrs

Average Tenure

61yo

Average Age

Experienced Board: INN's board of directors are considered experienced (9.1 years average tenure).

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