NYSE:INN - Summit Hotel Properties Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $11.78 +0.08 (+0.68 %) (As of 02/22/2019 10:13 AM ET)Previous Close$11.70Today's Range$11.71 - $11.7952-Week Range$9.29 - $15.61Volume2,817 shsAverage Volume517,189 shsMarket Capitalization$1.23 billionP/E Ratio8.75Dividend Yield6.20%Beta1.45 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Summit Hotel Properties, Inc. 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 October 30, 2018, the Company's portfolio consisted of 77 hotels with a total of 11,659 guestrooms located in 26 states. 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Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:INN Previous Symbol CUSIP86608210 CIK1497645 Webwww.shpreit.com Phone512-538-2300Debt Debt-to-Equity Ratio0.80 Current Ratio1.52 Quick Ratio1.52Price-To-Earnings Trailing P/E Ratio8.75 Forward P/E Ratio9.35 P/E GrowthN/A Sales & Book Value Annual Sales$515.38 million Price / Sales2.39 Cash Flow$1.8207 per share Price / Cash Flow6.47 Book Value$12.25 per share Price / Book0.96Profitability EPS (Most Recent Fiscal Year)$1.34 Net Income$99.21 million Net Margins16.76% Return on Equity7.79% Return on Assets4.26%Miscellaneous Employees49 Outstanding Shares104,760,000Market Cap$1.23 billion Next Earnings Date2/26/2019 (Confirmed) OptionableOptionable Summit Hotel Properties (NYSE:INN) Frequently Asked Questions What is Summit Hotel Properties' stock symbol? Summit Hotel Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "INN." How often does Summit Hotel Properties pay dividends? What is the dividend yield for Summit Hotel Properties? Summit Hotel Properties announced a quarterly dividend on Monday, February 4th. Investors of record on Thursday, February 14th will be given a dividend of $0.18 per share on Thursday, February 28th. This represents a $0.72 dividend on an annualized basis and a yield of 6.11%. The ex-dividend date is Wednesday, February 13th. View Summit Hotel Properties' Dividend History. How were Summit Hotel Properties' earnings last quarter? Summit Hotel Properties Inc (NYSE:INN) posted its quarterly earnings data on Tuesday, October, 30th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.35 by $0.02. The real estate investment trust had revenue of $142.34 million for the quarter, compared to the consensus estimate of $141.18 million. Summit Hotel Properties had a net margin of 16.76% and a return on equity of 7.79%. The firm's revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.35 EPS. View Summit Hotel Properties' Earnings History. When is Summit Hotel Properties' next earnings date? Summit Hotel Properties is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Summit Hotel Properties. How can I listen to Summit Hotel Properties' earnings call? Summit Hotel Properties will be holding an earnings conference call on Wednesday, February 27th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8779308101. What price target have analysts set for INN? 7 analysts have issued twelve-month price objectives for Summit Hotel Properties' shares. Their predictions range from $13.00 to $17.00. On average, they anticipate Summit Hotel Properties' share price to reach $15.00 in the next twelve months. This suggests a possible upside of 27.3% from the stock's current price. View Analyst Price Targets for Summit Hotel Properties. What is the consensus analysts' recommendation for Summit Hotel Properties? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Hotel Properties in the last year. There are currently 1 sell rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Summit Hotel Properties. Has Summit Hotel Properties been receiving favorable news coverage? Press coverage about INN stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Summit Hotel Properties earned a coverage optimism score of 1.0 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the next few days. Who are some of Summit Hotel Properties' key competitors? Some companies that are related to Summit Hotel Properties include Highwoods Properties (HIW), Life Storage (LSI), Hospitality Properties Trust (HPT), Ryman Hospitality Properties (RHP), First Industrial Realty Trust (FR), AmeriCold Realty Trust (COLD), Blackstone Mortgage Trust (BXMT), Healthcare Realty Trust (HR), PS Business Parks (PSB), Cousins Properties (CUZ), Equity Commonwealth (EQC), CoreSite Realty (COR), Eastgroup Properties (EGP), Apple Hospitality REIT (APLE) and Rayonier (RYN). What other stocks do shareholders of Summit Hotel Properties own? Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Hotel Properties investors own include Ford Motor (F), New Residential Investment (NRZ), Vereit (VER), Blackstone Group (BX), Energy Transfer LP Unit (ET), Hersha Hospitality Trust (HT), Kimco Realty (KIM), Stag Industrial (STAG), Starwood Property Trust (STWD) and Two Harbors Investment (TWO). Who are Summit Hotel Properties' key executives? Summit Hotel Properties' management team includes the folowing people: Mr. Daniel P. Hansen, Chairman, Pres & CEO (Age 50)Mr. Jonathan P. Stanner, Exec. VP, CFO & Chief Investment Officer (Age 37)Mr. Craig J. Aniszewski, Exec. VP & COO (Age 56)Mr. Christopher Russell Eng, Chief Risk Officer, Exec. VP, Gen. Counsel & Sec. (Age 48)Mr. Paul Ruiz, Sr. VP & Chief Accounting Officer Who are Summit Hotel Properties' major shareholders? Summit Hotel Properties' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (18.41%), Nuveen Asset Management LLC (5.98%), Macquarie Group Ltd. (3.44%), LSV Asset Management (2.93%), Jennison Associates LLC (2.55%) and Northern Trust Corp (2.43%). Company insiders that own Summit Hotel Properties stock include Craig J Aniszewski and Daniel P Hansen. View Institutional Ownership Trends for Summit Hotel Properties. Which institutional investors are selling Summit Hotel Properties stock? INN stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, LPL Financial LLC, Bank of America Corp DE, Millennium Management LLC, Duff & Phelps Investment Management Co., Northern Trust Corp, SG Americas Securities LLC and Virginia Retirement Systems ET AL. View Insider Buying and Selling for Summit Hotel Properties. Which institutional investors are buying Summit Hotel Properties stock? INN stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Oregon Public Employees Retirement Fund, GWM Advisors LLC, Two Sigma Investments LP, Grace & White Inc. NY, Prudential Financial Inc., Geode Capital Management LLC and Bank of New York Mellon Corp. Company insiders that have bought Summit Hotel Properties stock in the last two years include Craig J Aniszewski and Daniel P Hansen. View Insider Buying and Selling for Summit Hotel Properties. How do I buy shares of Summit Hotel Properties? Shares of INN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Summit Hotel Properties' stock price today? One share of INN stock can currently be purchased for approximately $11.78. How big of a company is Summit Hotel Properties? Summit Hotel Properties has a market capitalization of $1.23 billion and generates $515.38 million in revenue each year. The real estate investment trust earns $99.21 million in net income (profit) each year or $1.34 on an earnings per share basis. Summit Hotel Properties employs 49 workers across the globe. What is Summit Hotel Properties' official website? The official website for Summit Hotel Properties is http://www.shpreit.com. How can I contact Summit Hotel Properties? Summit Hotel Properties' mailing address is 13215 Bee Cave Parkway SuiteB-300, Austin TX, 78738. The real estate investment trust can be reached via phone at 512-538-2300 or via email at [email protected] MarketBeat Community Rating for Summit Hotel Properties (NYSE INN)Community Ranking: 2.8 out of 5 ( )Outperform Votes: 358 (Vote Outperform)Underperform Votes: 281 (Vote Underperform)Total Votes: 639MarketBeat's community ratings are surveys of what our community members think about Summit Hotel Properties and other stocks. Vote "Outperform" if you believe INN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INN will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 2/22/2019 by MarketBeat.com StaffFeatured Article: Dividend Stocks - Are They Right For You?