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INN

Summit Hotel Properties NYSE:INN Stock Report

Last Price

US$7.00

Market Cap

US$856.5m

7D

-6.7%

1Y

-29.6%

Updated

28 Sep, 2022

Data

Company Financials +
INN fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance0/6
Financial Health1/6
Dividends2/6

INN Stock Overview

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry.

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$7.00
52 Week HighUS$10.94
52 Week LowUS$6.68
Beta1.96
1 Month Change-14.11%
3 Month Change-3.71%
1 Year Change-29.58%
3 Year Change-38.60%
5 Year Change-55.39%
Change since IPO-27.76%

Recent News & Updates

Aug 15

Summit Hotel goes ex-dividend tomorrow

Summit Hotel (NYSE:INN) had declared $0.04/share quarterly dividend, having reinstated the quarterly dividends after a temporary suspension. Forward yield 1.79% Payable Aug. 31; for shareholders of record Aug. 17; ex-div Aug. 16. See INN Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

INNUS REITsUS Market
7D-6.7%-4.5%-2.0%
1Y-29.6%-19.2%-20.3%

Return vs Industry: INN underperformed the US REITs industry which returned -20.4% over the past year.

Return vs Market: INN underperformed the US Market which returned -22.1% over the past year.

Price Volatility

Is INN's price volatile compared to industry and market?
INN volatility
INN Average Weekly Movement5.5%
REITs Industry Average Movement3.9%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: INN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: INN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200463Jon Stannerhttps://www.shpreit.com

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Company's portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 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$856.54m
Earnings (TTM)-US$30.67m
Revenue (TTM)US$542.67m

1.4x

P/S Ratio

-24.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INN income statement (TTM)
RevenueUS$542.67m
Cost of RevenueUS$291.70m
Gross ProfitUS$250.96m
Other ExpensesUS$281.64m
Earnings-US$30.67m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 03, 2022

Earnings per share (EPS)-0.29
Gross Margin46.25%
Net Profit Margin-5.65%
Debt/Equity Ratio102.7%

How did INN perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

61%

Payout Ratio