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NYSE:INN

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

Summit Hotel Properties logo
$4.36 +0.23 (+5.57%)
Closing price 05/2/2025 03:59 PM Eastern
Extended Trading
$4.49 +0.13 (+2.87%)
As of 04:26 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Summit Hotel Properties Stock (NYSE:INN)

Key Stats

Today's Range
$4.19
$4.38
50-Day Range
$3.75
$6.63
52-Week Range
$3.57
$7.22
Volume
1.96 million shs
Average Volume
792,678 shs
Market Capitalization
$485.63 million
P/E Ratio
436.00
Dividend Yield
7.34%
Price Target
$5.00
Consensus Rating
Hold

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.

Summit Hotel Properties Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
65th Percentile Overall Score

INN MarketRank™: 

Summit Hotel Properties scored higher than 65% of companies evaluated by MarketBeat, and ranked 762nd out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about Summit Hotel Properties' stock forecast and price target.
  • 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 436.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.01.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Summit Hotel Properties is 436.00, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.28.

  • 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 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.60% of the float of Summit Hotel Properties has been sold short.
  • Short Interest Ratio / Days to Cover

    Summit Hotel Properties has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Summit Hotel Properties has recently increased by 9.22%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Summit Hotel Properties is a leading dividend payer. It pays a dividend yield of 7.86%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Summit Hotel Properties does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Summit Hotel Properties is 177.78%. 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.

  • Read more about Summit Hotel Properties' dividend.
  • Percentage of Shares Shorted

    3.60% of the float of Summit Hotel Properties has been sold short.
  • Short Interest Ratio / Days to Cover

    Summit Hotel Properties has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Summit Hotel Properties has recently increased by 9.22%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Summit Hotel Properties has a news sentiment score of 0.78. 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 lower news sentiment than the 0.94 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for Summit Hotel Properties this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Summit Hotel Properties insiders have not sold or bought any 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.

  • Read more about Summit Hotel Properties' insider trading history.
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INN Stock News Headlines

Summit Hotel Properties (NYSE:INN) Upgraded at Bank of America
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Summit Hotel Properties Reports Q1 2025 Earnings
See More Headlines

INN Stock Analysis - Frequently Asked Questions

Summit Hotel Properties' stock was trading at $6.85 at the beginning of the year. Since then, INN shares have decreased by 36.4% and is now trading at $4.36.
View the best growth stocks for 2025 here
.

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, beating 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 analyst estimates of $184.93 million. Summit Hotel Properties had a net margin of 3.41% and a trailing twelve-month return on equity of 1.87%.
Read the conference call transcript
.

Top institutional investors of Summit Hotel Properties include Victory Capital Management Inc. (2.25%), Bank of New York Mellon Corp (0.77%), Principal Financial Group Inc. (0.48%) and Rhumbline Advisers (0.29%). Insiders that own company stock include Jonathan P Stanner, Hope S Taitz and Mehulkumar Bhikhubhai Patel.
View institutional ownership trends
.

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.

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
Today
5/05/2025
Record date for 5/30 Dividend
5/16/2025
Ex-Dividend for 5/30 Dividend
5/16/2025
Dividend Payable
5/30/2025
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
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
+14.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Trailing P/E Ratio
436.00
Forward P/E Ratio
4.95
P/E Growth
1.54
Net Income
$-12,110,000.00
Pretax Margin
2.82%

Debt

Sales & Book Value

Annual Sales
$731.78 million
Cash Flow
$0.92 per share
Price / Cash Flow
4.75
Book Value
$12.52 per share
Price / Book
0.35

Miscellaneous

Free Float
104,764,000
Market Cap
$485.63 million
Optionable
Optionable
Beta
1.78

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This page (NYSE:INN) was last updated on 5/5/2025 by MarketBeat.com Staff
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