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NYSE:INN

Summit Hotel Properties Stock Forecast, Price & News

$5.61
-0.06 (-1.06 %)
(As of 10/27/2020 09:59 AM ET)
Add
Compare
Today's Range
$5.58
Now: $5.61
$5.69
50-Day Range
$4.78
MA: $5.45
$6.08
52-Week Range
$2.32
Now: $5.61
$12.59
Volume4,993 shs
Average Volume1.22 million shs
Market Capitalization$592.96 million
P/E RatioN/A
Dividend YieldN/A
Beta2.06
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 April 18, 2019, the Company's portfolio consisted of 69 hotels with a total of 10,714 guestrooms located in 24 states.
Read More
Summit Hotel Properties logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.69 out of 5 stars

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP86608210
Phone512-538-2300
Employees57

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$549.35 million
Cash Flow$1.90 per share
Book Value$11.82 per share

Profitability

Net Income$82.61 million

Miscellaneous

Market Cap$592.96 million
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$5.61
-0.06 (-1.06 %)
(As of 10/27/2020 09:59 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. Since then, INN shares have decreased by 13.0% and is now trading at $5.67.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Summit Hotel Properties?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Hotel Properties in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Summit Hotel Properties
.

When is Summit Hotel Properties' next earnings date?

Summit Hotel Properties is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Summit Hotel Properties
.

How were Summit Hotel Properties' earnings last quarter?

Summit Hotel Properties Inc (NYSE:INN) announced its quarterly earnings data on Wednesday, August, 5th. The real estate investment trust reported ($0.52) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.21) by $0.31. Summit Hotel Properties had a negative net margin of 11.20% and a negative return on equity of 3.78%.
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. Investors of record on Friday, February 14th will be paid a dividend of $0.18 per share on Friday, February 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 12.70%. 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?

6 analysts have issued 1-year target prices for Summit Hotel Properties' stock. Their forecasts range from $7.00 to $13.50. On average, they expect Summit Hotel Properties' stock price to reach $9.33 in the next twelve months. This suggests a possible upside of 64.6% from the stock's current price.
View analysts' price targets for Summit Hotel Properties
.

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 50)
  • Mr. Jonathan P. Stanner, Exec. VP, CFO & Treasurer (Age 38)
  • Mr. Craig J. Aniszewski, Exec. VP & COO (Age 56)
  • Mr. Paul Ruiz, Sr. VP & Chief Accounting Officer
  • Mr. Christopher Russell Eng, Chief Risk Officer, Exec. VP, Gen. Counsel & Sec. (Age 48)

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 variety of institutional and retail investors. Top institutional investors include LSV Asset Management (2.42%), Peregrine Capital Management LLC (0.84%), Grace & White Inc. NY (0.79%), Nisa Investment Advisors LLC (0.10%), Louisiana State Employees Retirement System (0.05%) and Spirit of America Management Corp NY (0.02%). 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 LSV Asset Management.
View insider buying and selling activity for Summit Hotel Properties
.

Which institutional investors are buying Summit Hotel Properties stock?

INN stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Louisiana State Employees Retirement System, Nisa Investment Advisors LLC, Spirit of America Management Corp NY, and Grace & White Inc. NY.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Summit Hotel Properties' stock price today?

One share of INN stock can currently be purchased for approximately $5.67.

How big of a company is Summit Hotel Properties?

Summit Hotel Properties has a market capitalization of $599.30 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 57 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 10/27/2020 by MarketBeat.com Staff

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