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Summit Hotel Properties, Inc. (INN)

Stock Price: $5.91 USD 0.16 (2.70%)
Updated Oct 23, 2020 10:51 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 625.18M
Revenue (ttm) 401.29M
Net Income (ttm) -44.96M
Shares Out 105.70M
EPS (ttm) -0.58
PE Ratio n/a
Forward PE n/a
Dividend $0.72
Dividend Yield 12.19%

Stock Quote

Trading Day Oct 23, 2020
Last Price $5.91
Previous Close $5.75
Change ($) 0.16
Change (%) 2.70%
Day's Open 5.82
Day's Range 5.77 - 5.95
Day's Volume 154,633
52-Week Range 2.32 - 12.59

More Stats

Market Cap 625.18M
Enterprise Value 1.66B
Earnings Date (est) Nov 3, 2020
Ex-Dividend Date n/a
Shares Outstanding 105.70M
Float 103.09M
EPS (basic) -0.58
EPS (diluted) -0.58
FCF / Share -2.58
Dividend $0.72
Dividend Yield 12.19%
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 1.90M
Short Ratio 2.20
Short % of Float 1.84%
Beta 2.08
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 1.56
PB Ratio 0.52
Revenue 401.29M
Operating Income -8.52M
Net Income -44.96M
Free Cash Flow -268.58M
Net Cash -1.04B
Net Cash / Share -9.78
Gross Margin 64.88%
Operating Margin -2.12%
Profit Margin -14.90%
FCF Margin -66.93%
ROA -0.42%
ROE -4.16%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 3
Overweight 3
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$7.75*
(31.24% upside)
Low
7.00
Current: $5.91
High
8.00
Target: 7.75
*Average 12-month price target from 6 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 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 August 5, 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.