Summit Hotel Properties, Inc. (INN)
| Market Cap | 667.70M |
| Revenue (ttm) | 728.12M |
| Net Income (ttm) | 22.57M |
| Shares Out | 122.29M |
| EPS (ttm) | 0.20 |
| PE Ratio | 26.93 |
| Forward PE | n/a |
| Dividend | $0.32 (5.86%) |
| Ex-Dividend Date | May 16, 2025 |
| Volume | 758,319 |
| Open | 5.40 |
| Previous Close | 5.35 |
| Day's Range | 5.36 - 5.49 |
| 52-Week Range | 3.57 - 7.22 |
| Beta | 1.65 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 5, 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 April 30, 2025, the Company's portfolio consisted of 97 assets, 53 of which are wholly owned, with a total of 14,555 guestrooms located in 25 states. [Read more]
Financial Performance
Financial StatementsNews
NAV Monitor: U.S. Equity REITs Trade At Higher Discount To NAV In June
Publicly listed US equity REITs ended June at a median 19.1% discount to their consensus NAV per share estimates, according to S&P Global Market Intelligence data. The hotel sector traded at the large...
SUMMIT HOTEL PROPERTIES ANNOUNCES SECOND QUARTER 2025 EARNINGS RELEASE DATE
AUSTIN, Texas , June 24, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the second quarter of 2025 on Tuesday,...
Summit Hotel Properties: High Yield And Healthy Balance Sheet Make This A Buy
With a forward dividend yield of close to 7%, Summit Hotel Properties has a high dividend yield at present. This dividend is comfortably covered by the company's earnings, which leaves the room for po...
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...
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...
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...
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...
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.
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...
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-...
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...
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...
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...
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 ...
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 ...
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...
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...
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 ...
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...
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...
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 ...
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...
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...
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...
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, ...