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Summit Hotel Properties, Inc. (INN)

Stock Price: $5.41 USD 0.35 (6.92%)
Updated Aug 4, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 572.42M
Revenue (ttm) 518.78M
Net Income (ttm) 54.41M
Shares Out 105.60M
EPS (ttm) 0.38
PE Ratio 14.24
Forward PE n/a
Dividend $0.72
Dividend Yield 13.31%

Stock Quote

Trading Day Aug 4, 2020
Last Price $5.41
Previous Close $5.06
Change ($) 0.35
Change (%) 6.92%
Day's Open 5.03
Day's Range 5.03 - 5.41
Day's Volume 856,904
52-Week Range 2.32 - 12.59

More Stats

Market Cap 572.42M
Enterprise Value 1.57B
Earnings Date (est) Aug 5, 2020
Ex-Dividend Date n/a
Shares Outstanding 105.60M
Float 103.00M
EPS (basic) 0.37
EPS (diluted) 0.38
FCF / Share -1.98
Dividend $0.72
Dividend Yield 13.31%
Earnings Yield 7.02%
FCF Yield n/a
Payout Ratio 194.60%
Shares Short 3.62M
Short Ratio 2.64
Short % of Float 5.22%
Beta 2.11
PE Ratio 14.24
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 1.10
PB Ratio 0.50
Revenue 518.78M
Operating Income 93.80M
Net Income 54.41M
Free Cash Flow -205.91M
Net Cash -994.54M
Net Cash / Share -9.40
Gross Margin 50.19%
Operating Margin 18.08%
Profit Margin 7.60%
FCF Margin -39.69%
ROA 1.43%
ROE 4.50%
ROIC 3.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (7)

Buy 4
Overweight 3
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$7.64*
(41.22% upside)
Low
7.00
Current: $5.41
High
8.00
Target: 7.64
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue549567515474463403299162106136
Revenue Growth-3.16%10.07%8.74%2.26%14.87%34.96%84.88%51.99%-21.56%-
Gross Profit26026924522716814210151.2632.4069.46
Operating Income11912512713280.0148.7135.107.333.945.64
Net Income82.6190.9299.2110812420.875.88-1.08-2.94-20.92
Shares Outstanding10410499.4186.8785.9285.2470.3333.7227.281.86
Earnings Per Share0.650.680.791.001.240.05-0.12-0.17-0.12-11,251.00
EPS Growth-4.41%-13.92%-21%-19.35%2380%-----
Dividend Per Share0.720.720.670.550.470.460.450.450.28-
Dividend Growth0%6.98%23.49%16.45%1.3%2.21%0%60.28%--
Operating Cash Flow14816214813713210272.4434.7024.1510.42
Capital Expenditures-342-151-647-287-280-221-498-257-83.53-2.77
Free Cash Flow-19310.61-499-150-148-118-426-222-59.397.65
Cash & Equivalents69.8372.5666.0159.5852.4072.9885.2017.6012.009.91
Total Debt1,036959868652672627436313217420
Net Cash / Debt-966-886-802-593-619-554-350-295-205-411
Assets2,3562,2222,2101,7191,5751,4591,294811554493
Liabilities1,1121,030932705718674472337235433
Book Value1,1741,1901,2751,01085378081043727861.47
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Summit Hotel Properties, Inc.
Country United States
Employees 59
CEO Daniel P. Hansen

Stock Information

Ticker Symbol INN
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Hotel & Motel
Unique Identifier NYSE: INN
IPO Date February 9, 2011

Description

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 May 11, 2020, the Company's portfolio consisted of 72 hotels, 67 of which were wholly owned, with a total of 11,288 guestrooms located in 23 states.