NYSE:INN Summit Hotel Properties (INN) Stock Price, News & Analysis $6.12 +0.20 (+3.38%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$5.98▼$6.1750-Day Range$5.67▼$6.1652-Week Range$5.31▼$6.98Volume899,890 shsAverage Volume723,078 shsMarket Capitalization$662.12 millionP/E RatioN/ADividend Yield5.23%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Summit Hotel Properties alerts: Email Address Summit Hotel Properties MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish5.15% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.81Upright™ Environmental ScoreNews Sentiment0.17Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth7.95%From $0.88 to $0.95 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.30 out of 5 starsFinance Sector608th out of 898 stocksReal Estate Investment Trusts Industry120th out of 181 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Summit Hotel Properties.Read more about Summit Hotel Properties' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.15% of the float of Summit Hotel Properties has been sold short.Short Interest Ratio / Days to CoverSummit Hotel Properties has a short interest ratio ("days to cover") of 8.1.Change versus previous monthShort interest in Summit Hotel Properties has recently decreased by 1.46%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipSummit Hotel Properties is a leading dividend payer. It pays a dividend yield of 5.40%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSummit Hotel Properties does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Summit Hotel Properties will have a dividend payout ratio of 33.68% next year. This indicates that Summit Hotel Properties will be able to sustain or increase its dividend.Read more about Summit Hotel Properties' dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSummit Hotel Properties has received a -2.67% net impact score from Upright. Summit Hotel Properties uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Real estate funds investing in hotels" product. See details.Environmental SustainabilityThe Environmental Impact score for Summit Hotel Properties is -2.81. Previous Next 2.9 News and Social Media Coverage News SentimentSummit Hotel Properties has a news sentiment score of 0.17. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Summit Hotel Properties this week, compared to 2 articles on an average week.Search Interest2 people have searched for INN on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Summit Hotel Properties to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Summit Hotel Properties insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.37% of the stock of Summit Hotel Properties is held by insiders.Percentage Held by Institutions96.47% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Summit Hotel Properties are expected to grow by 7.95% in the coming year, from $0.88 to $0.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Summit Hotel Properties is -25.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Summit Hotel Properties is -25.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSummit Hotel Properties has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Summit Hotel Properties' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."Click here to see why Wall Street is in PANIC mode >>> About Summit Hotel Properties Stock (NYSE:INN)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.Read More INN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INN Stock News HeadlinesJuly 27 at 1:36 AM | americanbankingnews.comSummit Hotel Properties (INN) to Release Quarterly Earnings on MondayJuly 26 at 10:39 AM | msn.comSummit Hotel raises dividend by 33% to $0.08July 27, 2024 | Crypto 101 Media (Ad)Next opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has led to a massive bull run in the year after it happens. That means we're in the "golden window" right now…July 25 at 5:04 PM | prnewswire.comSUMMIT HOTEL PROPERTIES DECLARES SECOND QUARTER 2024 DIVIDENDSJuly 23, 2024 | bizjournals.com107-room hotel part of Somers development proposalJuly 21, 2024 | msn.comPlans for New Hotel Near Shiloh Road Presented to College Township Planning CommissionJune 24, 2024 | prnewswire.comSUMMIT HOTEL PROPERTIES ANNOUNCES SECOND QUARTER 2024 EARNINGS RELEASE DATEMay 28, 2024 | msn.comPark City Lodging: Luxury, Comfort, Adventure – All Within ReachJuly 27, 2024 | Crypto 101 Media (Ad)Next opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has led to a massive bull run in the year after it happens. That means we're in the "golden window" right now…May 27, 2024 | msn.comThe four dreamy Welsh villages named as among Britain's 'greatest'May 27, 2024 | finance.yahoo.comInnocan Pharma Reports First Quarter 2024 Results with Revenue Growth of over 4X to $6.8 MillionMay 21, 2024 | finance.yahoo.comFDA Has Granted Innocan Pharma a Meeting Date for LPT-CBD for Chronic PainMay 20, 2024 | prnewswire.comSHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Summit Hotel Properties, Inc. (NYSE: INN)May 9, 2024 | finance.yahoo.comInnocan Pharma Reports Breakthrough in a Pre-Clinical Trial: Liposomal-CBD Injection Restores Mobility to an Amputee Female DonkeyMay 3, 2024 | finance.yahoo.comSummit Hotel Properties Inc (INN) Q1 2024 Earnings Call Transcript Highlights: Robust Growth ...May 2, 2024 | msn.comSummit Hotel raises quarterly dividend by 33.3% to $0.08/shareMay 1, 2024 | investorplace.comINN Stock Earnings: Summit Hotel Properties Beats EPS, Beats Revenue for Q1 2024May 1, 2024 | markets.businessinsider.comWhat Wall Street expects from Summit Hotel Properties's earningsSee More Headlines Receive INN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Summit Hotel Properties and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Ex-Dividend for 5/31 Dividend5/16/2024Dividend Payable5/31/2024Today7/26/2024Next Earnings (Confirmed)7/29/2024Ex-Dividend for 8/30 Dividend8/16/2024Dividend Payable8/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustrySpecialized REITs Current SymbolNYSE:INN CUSIP86608210 CIK1497645 Webwww.shpreit.com Phone(512) 538-2300Fax512-538-2333Employees70Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($0.24) Trailing P/E RatioN/A Forward P/E Ratio6.95 P/E GrowthN/ANet Income$-12,110,000.00 Net Margins-1.04% Pretax Margin-2.67% Return on Equity-0.56% Return on Assets-0.26% Debt Debt-to-Equity Ratio1.08 Current Ratio1.13 Quick Ratio1.13 Sales & Book Value Annual Sales$736.13 million Price / Sales0.90 Cash Flow$1.41 per share Price / Cash Flow4.33 Book Value$12.52 per share Price / Book0.49Miscellaneous Outstanding Shares108,190,000Free Float104,546,000Market Cap$662.12 million OptionableOptionable Beta2.03 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Jonathan P. Stanner (Age 43)President, CEO & Director Comp: $1.75MMr. William H. Conkling (Age 48)Executive VP & CFO Comp: $945.91kMr. Paul Ruiz CPA (Age 57)Senior VP & Chief Accounting Officer Comp: $591.8kMr. Christopher Russell Eng (Age 53)Chief Risk Officer, Executive VP, General Counsel & Secretary Comp: $807kMr. Adam WudelSenior VP of Finance & Capital MarketsKey CompetitorsThe GEO GroupNYSE:GEOSunstone Hotel InvestorsNYSE:SHODiamondRock HospitalityNYSE:DRHPebblebrook Hotel TrustNYSE:PEBCoreCivicNYSE:CXWView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 1,949 shares on 7/26/2024Ownership: 0.843%Spirit of America Management Corp NYSold 3,000 shares on 7/25/2024Ownership: 0.006%Sumitomo Mitsui Trust Holdings Inc.Sold 3,077 shares on 7/19/2024Ownership: 0.115%DekaBank Deutsche GirozentraleSold 5,952 shares on 6/4/2024Ownership: 0.021%Comerica BankSold 4,544 shares on 5/17/2024Ownership: 0.042%View All Institutional Transactions INN Stock Analysis - Frequently Asked Questions How have INN shares performed this year? Summit Hotel Properties' stock was trading at $6.72 at the start of the year. Since then, INN shares have decreased by 8.9% and is now trading at $6.12. View the best growth stocks for 2024 here. How were Summit Hotel Properties' earnings last quarter? Summit Hotel Properties, Inc. (NYSE:INN) posted its earnings results on Wednesday, May, 1st. The real estate investment trust reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.18 by $0.20. The real estate investment trust earned $188.14 million during the quarter, compared to analyst estimates of $181.40 million. Summit Hotel Properties had a negative trailing twelve-month return on equity of 0.56% and a negative net margin of 1.04%. What is Daniel P. Hansen's approval rating as Summit Hotel Properties' CEO? 4 employees have rated Summit Hotel Properties Chief Executive Officer Daniel P. Hansen on Glassdoor.com. Daniel P. Hansen has an approval rating of 67% among the company's employees. Who are Summit Hotel Properties' major shareholders? Summit Hotel Properties' top institutional shareholders include Bank of New York Mellon Corp (0.84%), Sumitomo Mitsui Trust Holdings Inc. (0.12%) and Spirit of America Management Corp NY (0.01%). Insiders that own company stock include Jonathan P Stanner, Craig J Aniszewski, Hope S Taitz, Mehulkumar Bhikhubhai Patel and Daniel P Hansen. 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. Compare Top Brokerages Here. 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 Pfizer (PFE), Southwest Airlines (LUV), Delta Air Lines (DAL), Ford Motor (F), Ladder Capital (LADR), AT&T (T) and Two Harbors Investment (TWO). This page (NYSE:INN) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredGet out of cash before the Fed's next meeting"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all...Stansberry Research | SponsoredNext opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". 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