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

Summit Hotel Properties (NYSE:INN) Frequently Asked Questions

Is Summit Hotel Properties a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Summit Hotel Properties in the last year. There are currently 2 sell ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Summit Hotel Properties stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INN, but not buy additional shares or sell existing shares.
View analyst ratings for Summit Hotel Properties or view top-rated stocks.

Are investors shorting Summit Hotel Properties?

Summit Hotel Properties saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,740,000 shares, a drop of 16.8% from the April 30th total of 5,700,000 shares. Based on an average trading volume of 863,300 shares, the days-to-cover ratio is presently 5.5 days. Approximately 4.6% of the company's shares are short sold.
View Summit Hotel Properties' Short Interest.

When is Summit Hotel Properties' next earnings date?

Summit Hotel Properties is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Summit Hotel Properties.

How were Summit Hotel Properties' earnings last quarter?

Summit Hotel Properties, Inc. (NYSE:INN) issued its quarterly earnings data on Tuesday, May, 3rd. The real estate investment trust reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by $0.28. Summit Hotel Properties had a negative trailing twelve-month return on equity of 3.59% and a negative net margin of 9.56%. During the same period in the previous year, the firm posted ($0.07) earnings per share.
View Summit Hotel Properties' earnings history.

What price target have analysts set for INN?

5 brokerages have issued 12-month target prices for Summit Hotel Properties' shares. Their forecasts range from $10.50 to $12.00. On average, they expect Summit Hotel Properties' share price to reach $11.30 in the next year. This suggests a possible upside of 28.6% from the stock's current price.
View analysts' price targets for Summit Hotel Properties or view top-rated stocks among Wall Street analysts.

Who are Summit Hotel Properties' key executives?

Summit Hotel Properties' management team includes the following people:

• Mr. Jonathan P. Stanner, Pres, CEO & Director (Age 41, Pay $1.86M)
• Mr. William H. Conkling, Exec. VP & CFO
• Mr. Paul Ruiz, Sr. VP & Chief Accounting Officer (Age 56, Pay $618.2k)
• Mr. Christopher Russell Eng, Chief Risk Officer, Exec. VP, Gen. Counsel & Sec. (Age 51, Pay $911.6k)
• Mr. Adam Wudel, Sr. VP of Fin. & Capital Markets

What is Daniel P. Hansen's approval rating as Summit Hotel Properties' CEO?

4 employees have rated Summit Hotel Properties CEO Daniel P. Hansen on Glassdoor.com. Daniel P. Hansen has an approval rating of 67% among Summit Hotel Properties' employees.

Who are some of Summit Hotel Properties' key competitors?

Some companies that are related to Summit Hotel Properties include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Extra Space Storage (EXR), Ventas (VTR), Medical Properties Trust (MPW), CubeSmart (CUBE), Life Storage (LSI), Omega Healthcare Investors (OHI), Rayonier (RYN), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR), PotlatchDeltic (PCH) and EPR Properties (EPR).
View all of INN's competitors.

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 Pfizer (PFE), Southwest Airlines (LUV), Delta Air Lines (DAL), Ford Motor (F), Ladder Capital (LADR), AT&T (T), Two Harbors Investment (TWO), Alibaba Group (BABA), Boeing (BA) and Walt Disney (DIS).

What is Summit Hotel Properties' stock symbol?

Summit Hotel Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "INN."

Who are Summit Hotel Properties' major shareholders?

Summit Hotel Properties' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.77%), State Street Corp (6.50%), Jennison Associates LLC (5.08%), GW&K Investment Management LLC (3.35%), Victory Capital Management Inc. (1.96%) and Charles Schwab Investment Management Inc. (1.75%). 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 major investors are selling Summit Hotel Properties stock?

INN stock was sold by a variety of institutional investors in the last quarter, including H 2 Credit Manager LP, Hill Winds Capital LP, Goldman Sachs Group Inc., JLP Asset Management LLC, Lincluden Management Ltd., Russell Investments Group Ltd., Dimensional Fund Advisors LP, and State of New Jersey Common Pension Fund D. Company insiders that have sold Summit Hotel Properties company stock in the last year include Craig J Aniszewski, and Daniel P Hansen.
View insider buying and selling activity for Summit Hotel Properties or view top insider-selling stocks.

Which major investors are buying Summit Hotel Properties stock?

INN stock was purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, State Street Corp, Vanguard Group Inc., Qube Research & Technologies Ltd, Systematic Financial Management LP, Renaissance Technologies LLC, GW&K Investment Management LLC, and Dupont Capital Management Corp.
View insider buying and selling activity for Summit Hotel Properties or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Summit Hotel Properties' stock price today?

One share of INN stock can currently be purchased for approximately $8.79.

How much money does Summit Hotel Properties make?

Summit Hotel Properties has a market capitalization of $938.99 million and generates $361.93 million in revenue each year. The real estate investment trust earns $-65.57 million in net income (profit) each year or ($0.58) on an earnings per share basis.

How many employees does Summit Hotel Properties have?

Summit Hotel Properties employs 63 workers across the globe.

What is Summit Hotel Properties' official website?

The official website for Summit Hotel Properties is 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, via email at [email protected], or via fax at 512-538-2333.