Summit Hotel Properties, Inc. (INN)

Market Cap	848.14M
Revenue (ttm)	736.29M
Net Income (ttm)	7.66M
Shares Out	124.36M
EPS (ttm)	0.07
PE Ratio	94.24
Forward PE	n/a
Dividend	$0.32 (4.69%)
Ex-Dividend Date	Nov 15, 2024

Volume	1,197,018
Open	6.59
Previous Close	6.69
Day's Range	6.59 - 6.92
52-Week Range	5.66 - 7.22
Beta	2.06
Analysts	Hold
Price Target	n/a
Earnings Date	Nov 4, 2024

About INN

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.

• Industry: REIT - Hotel & Motel
• Sector: Real Estate
• IPO Date: Feb 9, 2011
• Employees: 78
• Stock Exchange: NYSE
• Ticker Symbol: INN
• Website: https://www.shpreit.com

Financial Performance

In 2023, Summit Hotel Properties's revenue was $736.13 million, an increase of 8.94% compared to the previous year's $675.70 million. Losses were -$27.99 million, 65.3% more than in 2022.