Summit Hotel Properties (INN) Stock Price, News & Analysis

Company Overview

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded lodging properties with efficient operating models primarily in the upscale segment of the lodging industry. As of November 1, 2023, the Company's portfolio consisted of 101 assets, 57 of which are wholly owned, with a total of 15,035 guestrooms located in 24 states.

Key Stats

• Today's Range: $4.24 to $4.52
• 50-Day Range: $3.75 to $5.68
• 52-Week Range: $3.57 to $7.22
• Volume: 1.22 million shs
• Average Volume: 841,590 shs
• Market Capitalization: $505.56 million
• P/E Ratio: 450.50
• Dividend Yield: 7.10%
• Price Target: $5.00
• Consensus Rating: Hold

Summit Hotel Properties Stock Analysis - MarketRank™

Summit Hotel Properties scored higher than 78% of companies evaluated by MarketBeat, and ranked 354th out of 909 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Summit Hotel Properties has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Summit Hotel Properties has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 2.27%

Earnings Growth

Earnings for Summit Hotel Properties are expected to grow by 2.27% in the coming year, from $0.88 to $0.90 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Summit Hotel Properties is 450.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.74.

Price to Earnings Ratio vs. Sector

The P/E ratio of Summit Hotel Properties is 450.50, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.68.

Price to Earnings Growth Ratio

Summit Hotel Properties has a PEG Ratio of 1.54. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Summit Hotel Properties has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.51% of the outstanding shares of Summit Hotel Properties have been sold short.

Short Interest Ratio / Days to Cover

Summit Hotel Properties has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Summit Hotel Properties has recently increased by 3.96%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Summit Hotel Properties is a leading dividend payer. It pays a dividend yield of 7.64%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Summit Hotel Properties has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of Summit Hotel Properties is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Summit Hotel Properties will have a dividend payout ratio of 35.56% next year. This indicates that Summit Hotel Properties will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -2.81

Percentage of Shares Shorted

3.51% of the outstanding shares of Summit Hotel Properties have been sold short.

Short Interest Ratio / Days to Cover

Summit Hotel Properties has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Summit Hotel Properties has recently increased by 3.96%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.33

News Sentiment

Summit Hotel Properties has a news sentiment score of 1.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.12 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Summit Hotel Properties this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for INN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Summit Hotel Properties insiders have bought more of their company's stock than they have sold. Specifically, they have bought $75,167.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 3.83% of the stock of Summit Hotel Properties is held by insiders.

Percentage Held by Institutions

96.47% of the stock of Summit Hotel Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

INN Stock Analysis - Frequently Asked Questions

How have INN shares performed this year?

Summit Hotel Properties' stock was trading at $6.85 on January 1st, 2025. Since then, INN stock has decreased by 34.2% and is now trading at $4.5050.
View the best growth stocks for 2025 here.

How were Summit Hotel Properties' earnings last quarter?

Summit Hotel Properties, Inc. (NYSE:INN) announced its quarterly earnings data on Wednesday, April, 30th. The real estate investment trust reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.01. The real estate investment trust had revenue of $184.48 million for the quarter, compared to the consensus estimate of $184.93 million. Summit Hotel Properties had a trailing twelve-month return on equity of 1.87% and a net margin of 3.41%.
Read the conference call transcript.

Who are Summit Hotel Properties' major shareholders?

Top institutional investors of Summit Hotel Properties include Vanguard Group Inc. (13.67%), Jennison Associates LLC (6.14%), Nuveen LLC (2.74%) and Victory Capital Management Inc. (2.25%). Insiders that own company stock include Jonathan P Stanner, Thomas W Storey, Hope S Taitz and Mehulkumar Bhikhubhai Patel.
View institutional ownership trends.

How do I buy shares of Summit Hotel Properties?

Shares of INN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Summit Hotel Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Summit Hotel Properties investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Home Depot (HD), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD) and Visa (V).

Company Calendar

• Record date for 2/28 Dividend: 2/14/2025
• Ex-Dividend for 2/28 Dividend: 2/14/2025
• Dividend Payable: 2/28/2025
• Last Earnings: 4/30/2025
• Record date for 5/30 Dividend: 5/16/2025
• Ex-Dividend for 5/30 Dividend: 5/16/2025
• Today: 5/27/2025
• Dividend Payable: 5/30/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:INN
• CIK: 1497645
• Web: www.shpreit.com
• Phone: (512) 538-2300
• Fax: 512-538-2333
• Employees: 70
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.00
• High Stock Price Target: $5.00
• Low Stock Price Target: $5.00
• Potential Upside/Downside: +11.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.16
• Trailing P/E Ratio: 450.50
• Forward P/E Ratio: 5.12
• P/E Growth: 1.54
• Net Income: -$12.11 million
• Net Margins: 3.41%
• Pretax Margin: 2.82%
• Return on Equity: 1.87%
• Return on Assets: 0.86%

Debt

• Debt-to-Equity Ratio: 1.01
• Current Ratio: 0.78
• Quick Ratio: 0.78

Sales & Book Value

• Annual Sales: $728.12 million
• Price / Sales: 0.69
• Cash Flow: $0.95 per share
• Price / Cash Flow: 4.75
• Book Value: $12.52 per share
• Price / Book: 0.36

Miscellaneous

• Outstanding Shares: 112,221,000
• Free Float: 104,764,000
• Market Cap: $505.56 million
• Optionable: Optionable
• Beta: 1.62