Summit Hotel Properties, Inc. (INN)
| Market Cap | 916.50M |
| Revenue (ttm) | 320.01M |
| Net Income (ttm) | -105.88M |
| Shares Out | 104.20M |
| EPS (ttm) | -1.02 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.72 |
| Dividend Yield | 8.14% |
| Trading Day | January 15 |
| Last Price | $8.85 |
| Previous Close | $8.77 |
| Change ($) | 0.08 |
| Change (%) | 0.91% |
| Day's Open | 8.69 |
| Day's Range | 8.61 - 8.92 |
| Day's Volume | 1,495,926 |
| 52-Week Range | 2.61 - 11.93 |
AUSTIN, Texas, Jan. 12, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has closed its previously announced underwritten public offering ...
AUSTIN, Texas, Jan. 8, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced the pricing on January 7, 2021 of an underwritten public offering of $250,...
AUSTIN, Texas, Jan. 6, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has launched an underwritten public offering of $200,000,000 aggre...
Summit Hotel has seen strong improvements to its operating metrics since the depths of the pandemic. It's now profitable at the hotel property level, and I see a path to overall profitability ...
AUSTIN, Texas, Dec. 17, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that Dan Hansen, Chairman, President and Chief Executive Officer will tra...
Investors seeking exposure from REITs should consider those with big retail and travel and leisure footprints, while avoiding these names. The post 3 REITs to Pass On For Now appeared first on...
AUSTIN, Texas, Nov. 17, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has published its annual Corporate Responsibility Report for 2019...
Summit Hotel Properties, Inc. (INN) CEO Dan Hansen on Q3 2020 Results - Earnings Call Transcript
Summit Hotel Properties, Inc.'s (INN) CEO Dan Hansen On Q3 2020 Results - Quick Version Earnings Call Transcript
Summit Hotel Properties (INN) delivered FFO and revenue surprises of 23.08% and -0.17%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the...
Shares of Summit Hotel Properties (NYSE:INN) moved higher by 0.17% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were down 132.26% year ov...
AUSTIN, Texas, Nov. 3, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the third quarter ended September 30, 2020. "We were encourag...
AUSTIN, Texas, Oct. 30, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared...
AUSTIN, Texas, Oct. 1, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the third quarter of 2020 on Tue...
Summit Hotel Properties, Inc. (INN) CEO Dan Hansen on Q2 2020 Results - Earnings Call Transcript
AUSTIN, Texas, Aug. 5, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc.
AUSTIN, Texas, July 29, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared...
AUSTIN, Texas, July 13, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the second quarter of 2020 on W...
Summit Hotel had a challenging Q1 2020 as its revenues and AFFO declined sharply from last year.
Summit Hotel Properties (INN) CEO Dan Hansen on Q1 2020 Results - Earnings Call Transcript
Summit Hotel Properties (INN) delivered FFO and revenue surprises of -23.53% and -1.93%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the st...
Shares of cruise operators and hotel chains were sharply lower Thursday, as investors digested news of a temporary ban on flights from Europe and after Carnival Corp. said its Princess Cruises...
Summit Hotel Properties, Inc. (INN) CEO Daniel Hansen on Q4 2019 Results - Earnings Call Transcript
Summit Hotel Properties (INN) delivered FFO and revenue surprises of 0.00% and 4.00%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the st...
Summit Hotel Properties, Inc. (INN) CEO Dan Hansen on Q3 2019 Results - Earnings Call Transcript
Summit Hotel Properties (INN) delivered FFO and revenue surprises of 0.00% and 0.04%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the s...
In 2018, Summit Hotel’s management team found a significant amount of new opportunities. That’s why I believe that investors will appreciate taking a look at this name.
A stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.
A stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
Summit Hotel Properties, Inc. (INN) CEO Dan Hansen on Q2 2019 Results - Earnings Call Transcript
Summit Hotel Properties (INN) delivered FFO and revenue surprises of 2.78% and 0.53%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Summit Hotel Properties, Inc. (INN) CEO Dan Hansen on Q1 2019 Results - Earnings Call Transcript
Summit Hotel Properties (INN) delivered FFO and revenue surprises of 6.90% and 2.22%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
About INN
Summit Hotel Properties 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 November 3, 2020, the Company's portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.
| Industry REIT-Hotel & Motel | IPO Date Feb 9, 2011 |
| CEO Daniel P. Hansen | Employees 59 |
| Stock Exchange NYSE | Ticker Symbol INN |
Financial Performance
In 2019, INN's revenue was $549.35 million, a decrease of -3.16% compared to the previous year's $567.27 million. Earnings were $82.61 million, a decrease of -9.14%.
Analyst Forecasts
According to 6 analysts, the average rating for INN stock is "Strong Buy." The 12-month stock price forecast is 9.92, which is an increase of 12.09% from the latest price.