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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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Summit Hotel Properties Stock Forecast, Price & News

+0.08 (+0.91 %)
(As of 01/15/2021 12:00 AM ET)
Today's Range
Now: $8.85
50-Day Range
MA: $9.10
52-Week Range
Now: $8.85
Volume1.50 million shs
Average Volume2.24 million shs
Market Capitalization$935.52 million
P/E RatioN/A
Dividend YieldN/A
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 November 3, 2020, the Company's portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.
Summit Hotel Properties logo


Overall MarketRank

1.42 out of 5 stars

Finance Sector

700th out of 1,705 stocks

Real Estate Investment Trusts Industry

163rd out of 260 stocks

Analyst Opinion: 1.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs



Sales & Book Value

Annual Sales$549.35 million
Cash Flow$1.80 per share
Book Value$11.82 per share


Net Income$82.61 million


Market Cap$935.52 million
Next Earnings Date2/23/2021 (Estimated)
+0.08 (+0.91 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Summit Hotel Properties (NYSE:INN) Frequently Asked Questions

How has Summit Hotel Properties' stock price been impacted by Coronavirus (COVID-19)?

Summit Hotel Properties' stock was trading at $6.52 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, INN stock has increased by 35.7% and is now trading at $8.85.
View which stocks have been most impacted by COVID-19

Is Summit Hotel Properties a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Hotel Properties in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Summit Hotel Properties stock.
View analyst ratings for Summit Hotel Properties
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Summit Hotel Properties?

Wall Street analysts have given Summit Hotel Properties a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Summit Hotel Properties wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Summit Hotel Properties' next earnings date?

Summit Hotel Properties is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Summit Hotel Properties

How were Summit Hotel Properties' earnings last quarter?

Summit Hotel Properties, Inc. (NYSE:INN) posted its quarterly earnings data on Tuesday, November, 3rd. The real estate investment trust reported ($0.37) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.40) by $0.03. Summit Hotel Properties had a negative net margin of 28.45% and a negative return on equity of 7.82%.
View Summit Hotel Properties' earnings history

How often does Summit Hotel Properties pay dividends? What is the dividend yield for Summit Hotel Properties?

Summit Hotel Properties declared a quarterly dividend on Friday, January 31st. Stockholders of record on Friday, February 14th will be given a dividend of $0.18 per share on Friday, February 28th. This represents a $0.72 annualized dividend and a dividend yield of 8.14%. The ex-dividend date of this dividend is Thursday, February 13th.
View Summit Hotel Properties' dividend history

What price target have analysts set for INN?

4 equities research analysts have issued 12-month target prices for Summit Hotel Properties' shares. Their forecasts range from $7.00 to $9.50. On average, they expect Summit Hotel Properties' share price to reach $7.88 in the next year. This suggests that the stock has a possible downside of 11.0%.
View analysts' price targets for Summit Hotel Properties
or view Wall Street analyst' top-rated stocks.

Are investors shorting Summit Hotel Properties?

Summit Hotel Properties saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 2,130,000 shares, an increase of 24.6% from the December 15th total of 1,710,000 shares. Based on an average daily trading volume, of 885,800 shares, the short-interest ratio is currently 2.4 days. Currently, 2.1% of the company's shares are sold short.
View Summit Hotel Properties' Short Interest

Who are some of Summit Hotel Properties' key 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), The Boeing (BA) and The Walt Disney (DIS).

Who are Summit Hotel Properties' key executives?

Summit Hotel Properties' management team includes the following people:
  • Mr. Daniel P. Hansen, Chairman, Pres & CEO (Age 51, Pay $2.06M)
  • Mr. Jonathan P. Stanner, Exec. VP, CFO & Treasurer (Age 39, Pay $1.06M)
  • Mr. Craig J. Aniszewski, Exec. VP & COO (Age 57, Pay $1.03M)
  • Mr. Paul Ruiz, Sr. VP & Chief Accounting Officer
  • Mr. Christopher Russell Eng, Chief Risk Officer, Exec. VP, Gen. Counsel & Sec. (Age 49, Pay $876.7k)
  • Mr. Adam Wudel, SVP - Fin. & Capital Markets

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 shareholders include State of Alaska Department of Revenue (0.11%) and First Citizens Bank & Trust Co. (0.02%).
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 State of Alaska Department of Revenue, and First Citizens Bank & Trust Co..
View insider buying and selling activity for Summit Hotel Properties
or view top insider-selling 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.

What is Summit Hotel Properties' stock price today?

One share of INN stock can currently be purchased for approximately $8.85.

How big of a company is Summit Hotel Properties?

Summit Hotel Properties has a market capitalization of $935.52 million and generates $549.35 million in revenue each year. The real estate investment trust earns $82.61 million in net income (profit) each year or $1.25 on an earnings per share basis. Summit Hotel Properties employs 59 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 or via email at [email protected]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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