Summit Hotel Properties, Inc. (INN)

NYSE: INN · Real-Time Price · USD
4.310
+0.180 (4.36%)
May 8, 2025, 4:00 PM - Market closed
4.36%
Market Cap 527.07M
Revenue (ttm) 728.12M
Net Income (ttm) 22.57M
Shares Out 122.29M
EPS (ttm) 0.20
PE Ratio 21.26
Forward PE n/a
Dividend $0.32 (7.43%)
Ex-Dividend Date May 16, 2025
Volume 711,687
Open 4.200
Previous Close 4.130
Day's Range 4.175 - 4.380
52-Week Range 3.570 - 7.220
Beta 1.61
Analysts n/a
Price Target n/a
Earnings Date Apr 30, 2025

About INN

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded lodging facilities with efficient operating models primarily in the upscale segment of the lodging industry. As of February 24, 2025, the Company's portfolio consisted of 97 assets, 53 of which are wholly owned, with a total of 14,553 guestrooms located in 25 states. [Read more]

Sector Real Estate
IPO Date Feb 9, 2011
Employees 85
Stock Exchange NYSE
Ticker Symbol INN
Full Company Profile

Financial Performance

Financial Statements

News

REIT Replay: REIT Share Prices Rise With Broader Market In Week Ended May 2

The Dow Jones Equity All REIT index closed the recent week up 3.31%, compared with a 2.92% increase for the S&P 500 and a 3.00% gain for the Dow Jones Industrial Average. The self-storage REIT index j...

2 days ago - Seeking Alpha

Summit Hotel Properties, Inc. (INN) Q1 2025 Earnings Call Transcript

Summit Hotel Properties, Inc. (NYSE:INN) Q1 2025 Earnings Conference Call May 1, 2025 9:00 AM ET Company Participants Kevin Milota - Senior Vice President, Corporate Finance Jonathan Stanner - Presid...

7 days ago - Seeking Alpha

SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2025 RESULTS

Same Store RevPAR Increased 1.5% Completed $275 Million Delayed Draw Term Loan Financing; Proceeds to Fund February 2026 Convertible Notes Maturity $50 Million Share Repurchase Program Authorized AUST...

8 days ago - PRNewsWire

SUMMIT HOTEL PROPERTIES DECLARES FIRST QUARTER 2025 DIVIDENDS

AUSTIN, Texas , April 24, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a ca...

14 days ago - PRNewsWire

Top 3 Real Estate Stocks That May Explode In Q2

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: DEALXP
22 days ago - Benzinga

REIT Replay: U.S. REIT Share Prices Plummet Following Trump's Tariff Announcements

Share prices for US equity real estate investment trusts plummeted alongside the broader stock market following President Donald Trump's tariff announcements on April 2. All Dow Jones US real estate s...

4 weeks ago - Seeking Alpha

Cash COWs: 11 High-Yield REITs

Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-...

5 weeks ago - Seeking Alpha

We Are Buying REIT Preferred Stocks Part 2: Summit Hotel Or Sunstone Hotel Preferreds?

Recent improvements in spreads make REIT preferred stocks attractive, focusing on those offering yields above 6.5%, particularly Summit Hotel Properties and Sunstone Hotel Investors. INN and SHO are b...

Other symbols: SHO
5 weeks ago - Seeking Alpha

SUMMIT HOTEL PROPERTIES COMPLETES $275 MILLION DELAYED DRAW TERM LOAN FINANCING

AUSTIN, Texas , March 31, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has successfully closed on a new $275 million senior unsecured term loa...

5 weeks ago - PRNewsWire

SUMMIT HOTEL PROPERTIES ANNOUNCES FIRST QUARTER 2025 EARNINGS RELEASE DATE

AUSTIN, Texas , March 26, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the first quarter of 2025 on Wednesda...

6 weeks ago - PRNewsWire

Summit Hotel Properties, Inc. (INN) Q4 2024 Earnings Call Transcript

Summit Hotel Properties, Inc. (NYSE:INN) Q4 2024 Earnings Call Transcript February 25, 2025 9:00 AM ET Company Participants Jon Stanner - President, CEO & Director Trey Conkling - Executive VP & CFO ...

2 months ago - Seeking Alpha

SUMMIT HOTEL PROPERTIES REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS

Full Year Operating Income Increases to $103.5 million Full Year Adjusted EBITDAre Grows to $192.2 million; AFFO increases 5.6% to $0.96 per share Completed Over $200 Million of Accretive Transaction ...

2 months ago - PRNewsWire

Summit Hotel Properties Announces 2025 Annual Meeting of Stockholders

AUSTIN, Texas , Feb. 20, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that its 2025 Annual Meeting of Stockholders will be held Wednesday, May 21, 202...

2 months ago - PRNewsWire

SUMMIT HOTEL PROPERTIES DECLARES FOURTH QUARTER 2024 DIVIDENDS

AUSTIN, Texas , Jan. 23, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cas...

3 months ago - PRNewsWire

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

I focus on preferred shares of Summit Hotel Properties, which offer a senior position in the capital stack and cumulative dividends, despite market volatility. Summit Hotel Properties reported strong ...

3 months ago - Seeking Alpha

SUMMIT HOTEL PROPERTIES ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 EARNINGS RELEASE DATE

AUSTIN, Texas , Jan. 9, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the fourth quarter and full year of 202...

4 months ago - PRNewsWire

Summit Hotel Properties Announces Pending Acquisition of Two-Hotel Portfolio for $96 Million Through GIC Joint Venture

AUSTIN, Texas , Dec. 10, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), through its joint venture with GIC, today announced that it is under contract to acquire the 25...

5 months ago - PRNewsWire

Summit Hotel Properties, Inc. (INN) Q3 2024 Earnings Call Transcript

Summit Hotel Properties, Inc. (NYSE:INN) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Adam Wudel - EVP of Corporate Development Jon Stanner - President and Chief ...

6 months ago - Seeking Alpha

SUMMIT HOTEL PROPERTIES REPORTS THIRD QUARTER 2024 RESULTS

Four Points San Francisco Airport Hotel Sold for $17.7 Million Subsequent to Quarter-End AUSTIN, Texas , Nov. 4, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today a...

6 months ago - PRNewsWire

Summit Hotel Properties: Swapping A 6.96% Yield For A 7.44% Yield

I find Summit Hotel Properties' preferred shares attractive due to their strong dividend coverage and relatively stable risk profile despite the hospitality sector's volatility. The REIT's AFFO of $66...

6 months ago - Seeking Alpha

SUMMIT HOTEL PROPERTIES DECLARES THIRD QUARTER 2024 DIVIDENDS

AUSTIN, Texas , Oct. 24, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cas...

7 months ago - PRNewsWire

SUMMIT HOTEL PROPERTIES ANNOUNCES THIRD QUARTER 2024 EARNINGS RELEASE DATE

AUSTIN, Texas , Sept. 23, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the third quarter of 2024 on Monday, ...

8 months ago - PRNewsWire

Summit Hotel Properties: Fed Easing And Undemanding Valuation Trump Reduced Outlook

Summit Hotel Properties is a lodging REIT with 62% exposure to the Sun Belt region. 95% of hotels operate under the Marriott, Hyatt, and Hilton brands. So far in 2024 the REIT has lagged the Vanguard ...

8 months ago - Seeking Alpha

SUMMIT HOTEL PROPERTIES PUBLISHES 2024 CORPORATE RESPONSIBILITY REPORT

AUSTIN, Texas , Sept. 11, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced the publication of its annual Corporate Responsibility Report, which presents t...

8 months ago - PRNewsWire

Summit Hotel Properties, Inc. (INN) Q2 2024 Earnings Call Transcript

Summit Hotel Properties, Inc. (NYSE:INN) Q2 2024 Earnings Call July 30, 2024 9:00 AM ET Company Participants Adam Wudel - Senior Vice President, Finance, Capital Markets and Treasurer Jon Stanner - P...

10 months ago - Seeking Alpha