Summit Hotel Properties, Inc. (INN)
Stock Price:
$5.41 USD
0.35 (6.92%)
Updated Aug 4, 2020 4:00 PM EDT - Market closed
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 |
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 549 | 567 | 515 | 474 | 463 | 403 | 299 | 162 | 106 | 136 |
| Revenue Growth | -3.16% | 10.07% | 8.74% | 2.26% | 14.87% | 34.96% | 84.88% | 51.99% | -21.56% | - |
| Gross Profit | 260 | 269 | 245 | 227 | 168 | 142 | 101 | 51.26 | 32.40 | 69.46 |
| Operating Income | 119 | 125 | 127 | 132 | 80.01 | 48.71 | 35.10 | 7.33 | 3.94 | 5.64 |
| Net Income | 82.61 | 90.92 | 99.21 | 108 | 124 | 20.87 | 5.88 | -1.08 | -2.94 | -20.92 |
| Shares Outstanding | 104 | 104 | 99.41 | 86.87 | 85.92 | 85.24 | 70.33 | 33.72 | 27.28 | 1.86 |
| Earnings Per Share | 0.65 | 0.68 | 0.79 | 1.00 | 1.24 | 0.05 | -0.12 | -0.17 | -0.12 | -11,251.00 |
| EPS Growth | -4.41% | -13.92% | -21% | -19.35% | 2380% | - | - | - | - | - |
| Dividend Per Share | 0.72 | 0.72 | 0.67 | 0.55 | 0.47 | 0.46 | 0.45 | 0.45 | 0.28 | - |
| Dividend Growth | 0% | 6.98% | 23.49% | 16.45% | 1.3% | 2.21% | 0% | 60.28% | - | - |
| Operating Cash Flow | 148 | 162 | 148 | 137 | 132 | 102 | 72.44 | 34.70 | 24.15 | 10.42 |
| Capital Expenditures | -342 | -151 | -647 | -287 | -280 | -221 | -498 | -257 | -83.53 | -2.77 |
| Free Cash Flow | -193 | 10.61 | -499 | -150 | -148 | -118 | -426 | -222 | -59.39 | 7.65 |
| Cash & Equivalents | 69.83 | 72.56 | 66.01 | 59.58 | 52.40 | 72.98 | 85.20 | 17.60 | 12.00 | 9.91 |
| Total Debt | 1,036 | 959 | 868 | 652 | 672 | 627 | 436 | 313 | 217 | 420 |
| Net Cash / Debt | -966 | -886 | -802 | -593 | -619 | -554 | -350 | -295 | -205 | -411 |
| Assets | 2,356 | 2,222 | 2,210 | 1,719 | 1,575 | 1,459 | 1,294 | 811 | 554 | 493 |
| Liabilities | 1,112 | 1,030 | 932 | 705 | 718 | 674 | 472 | 337 | 235 | 433 |
| Book Value | 1,174 | 1,190 | 1,275 | 1,010 | 853 | 780 | 810 | 437 | 278 | 61.47 |
Numbers in millions USD, except per-share numbers.
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.