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.
Undervalued average dividend payer.
Share Price & News
How has Summit Hotel Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: INN underperformed the US REITs industry which returned 14.9% over the past year.
Return vs Market: INN underperformed the US Market which returned 20.3% over the past year.
Price Volatility Vs. Market
How volatile is Summit Hotel Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould You Worry About Summit Hotel Properties, Inc.'s (NYSE:INN) CEO Pay?
1 month ago | Simply Wall StHave Insiders Been Selling Summit Hotel Properties, Inc. (NYSE:INN) Shares?
1 month ago | Simply Wall StWith A Return On Equity Of 6.6%, Has Summit Hotel Properties, Inc.'s (NYSE:INN) Management Done Well?
Is Summit Hotel Properties undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: INN ($11.31) is trading below our estimate of fair value ($19.65)
Significantly Below Fair Value: INN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: INN is good value based on its PE Ratio (18.3x) compared to the REITs industry average (36.3x).
PE vs Market: INN is good value based on its PE Ratio (18.3x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: INN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: INN is good value based on its PB Ratio (1x) compared to the US REITs industry average (2.1x).
How is Summit Hotel Properties forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INN's earnings are forecast to decline over the next 3 years (-46.4% per year).
Earnings vs Market: INN's earnings are forecast to decline over the next 3 years (-46.4% per year).
High Growth Earnings: INN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: INN's revenue (2.9% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: INN's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INN's Return on Equity is forecast to be low in 3 years time (4.2%).
How has Summit Hotel Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INN has a large one-off gain of $36.0M impacting its September 30 2019 financial results.
Growing Profit Margin: INN's current net profit margins (11.7%) are lower than last year (12.5%).
Past Earnings Growth Analysis
Earnings Trend: INN has become profitable over the past 5 years, growing earnings by 11.5% per year.
Accelerating Growth: INN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: INN had negative earnings growth (-9.9%) over the past year, making it difficult to compare to the REITs industry average (6.9%).
Return on Equity
High ROE: INN's Return on Equity (6.6%) is considered low.
Return on Assets
Return on Capital Employed
How is Summit Hotel Properties's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: INN has a high level of physical assets or inventory.
Debt Coverage by Assets: INN's debt is not covered by short term assets (assets are 0.2x debt).
Financial Institutions Analysis
Asset Level: INN's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if INN has a sufficient allowance for bad loans.
Low Risk Liabilities: INN reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if INN has an acceptable proportion of non-loan assets held.
Low Risk Deposits: INN has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if INN has an appropriate level of bad loans.
What is Summit Hotel Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: INN's dividend (6.37%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: INN's dividend (6.37%) is in the top 25% of dividend payers in the US market (3.73%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, INN has been paying a dividend for less than 10 years.
Growing Dividend: INN's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (59.3%), INN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: INN's dividends in 3 years are forecast to be thoroughly covered by earnings (0.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Hansen (50yo)
Mr. Daniel P. Hansen, also known as Dan, is the Chief Executive Officer and President at Hotel Properties, Inc. since June 2010 and serves as its Chairman of the Board since January 18, 2017. Mr. Hansen ha ...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD4.40M) is about average for companies of similar size in the US market ($USD3.82M).
Compensation vs Earnings: Dan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive VP||1.9yrs||US$1.77m||0.20% $2.4m|
|Executive VP & COO||9.7yrs||US$1.98m||0.38% $4.6m|
|Senior VP & Chief Accounting Officer||5.8yrs||US$807.00k||0.10% $1.2m|
|Chief Risk Officer||9.7yrs||US$1.16m||0.13% $1.6m|
|SVP - Finance & Capital Markets||0yrs||no data||no data|
Experienced Management: INN's management team is seasoned and experienced (9.7 years average tenure).
|Independent Director||5.6yrs||US$183.18k||0.040% $489.6k|
|Lead Independent Director||3.1yrs||US$205.68k||0.040% $489.6k|
|Independent Director||9yrs||US$168.18k||0.11% $1.3m|
|Independent Director||9yrs||US$178.18k||0.053% $644.3k|
|Independent Director||2.6yrs||US$170.68k||0.018% $223.9k|
Experienced Board: INN's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Summit Hotel Properties, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Summit Hotel Properties, Inc.
- Ticker: INN
- Exchange: NYSE
- Founded: 2004
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Implied Market Cap: US$1.211b
- Market Cap: US$1.189b
- Shares outstanding: 105.38m
- Website: https://www.shpreit.com
Number of Employees
- Summit Hotel Properties, Inc.
- 13215 Bee Cave Parkway
- Suite B-300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|INN||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Feb 2011|
|SDP||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 2011|
|INN.PRD||NYSE (New York Stock Exchange)||RED PFD SER D||US||USD||Jun 2016|
|INN.PRE||NYSE (New York Stock Exchange)||6.250% CUM PFD E||US||USD||Nov 2017|
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 5, 2019, the Company's portfolio consisted of 74 hotels, 69 of which were wholly-owned, with a total of 11,513 guestrooms located in 24 states.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 02:07|
|End of Day Share Price||2020/02/19 00:00|
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 here.