Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
INN

INN - Summit Hotel Properties Inc Stock Price, Fair Value and News

5.90USD-0.04 (-0.67%)Market Closed

Market Summary

INN
USD5.90-0.04
Market Closed
-0.67%

INN Alerts

  • Big jump in Earnings (Y/Y)

INN Stock Price

View Fullscreen

INN RSI Chart

INN Valuation

Market Cap

638.3M

Price/Earnings (Trailing)

-27.38

Price/Sales (Trailing)

0.86

EV/EBITDA

9.28

Price/Free Cashflow

4.26

INN Price/Sales (Trailing)

INN Profitability

Operating Margin

56.11%

EBT Margin

-2.67%

Return on Equity

-2.57%

Return on Assets

-0.79%

Free Cashflow Yield

23.46%

INN Fundamentals

INN Revenue

Revenue (TTM)

741.9M

Rev. Growth (Yr)

3.16%

Rev. Growth (Qtr)

6.03%

INN Earnings

Earnings (TTM)

-23.3M

Earnings Growth (Yr)

243.81%

Earnings Growth (Qtr)

113.32%

Breaking Down INN Revenue

Last 7 days

-3.3%

Last 30 days

-3.7%

Last 90 days

-4.8%

Trailing 12 Months

-10.3%

How does INN drawdown profile look like?

INN Financial Health

Debt/Equity

1.6

Debt/Cashflow

0.1

INN Investor Care

Dividend Yield

3.73%

Dividend/Share (TTM)

0.22

Shares Dilution (1Y)

0.67%

Diluted EPS (TTM)

-0.24

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024741.9M000
2023716.2M727.5M731.0M736.1M
2022445.9M542.7M610.2M675.7M
2021183.9M245.0M303.3M361.9M
2020518.8M401.3M320.0M234.5M
2019566.0M556.7M548.1M549.3M
2018537.6M560.8M566.5M567.3M
2017473.8M475.7M494.0M515.4M
2016473.9M480.4M473.7M473.9M
2015421.6M436.7M452.6M463.5M
2014328.8M355.2M382.3M403.5M
2013187.5M227.0M266.1M299.0M
2012144.4M147.1M150.2M161.7M
2011124.2M115.3M110.8M106.4M
20100123.7M126.1M128.6M
2009000121.2M

Tracking the Latest Insider Buys and Sells of Summit Hotel Properties Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 28, 2024
kay kenneth j
acquired
-
-
18,213
-
May 28, 2024
storey thomas w.
acquired
-
-
18,213
-
May 28, 2024
hanson bjorn r.l.
acquired
-
-
18,213
-
May 28, 2024
jones jeffrey w
acquired
-
-
18,213
-
May 28, 2024
patel mehulkumar bhikhubhai
acquired
-
-
18,213
-
May 28, 2024
belouizdad amina
acquired
-
-
18,213
-
May 28, 2024
taitz hope s
acquired
-
-
18,213
-
May 20, 2024
conkling william higgins
sold (taxes)
-
-
-19,262
evp & chief financial officer
Mar 22, 2024
ruiz paul
sold (taxes)
-
-
-9,735
svp & chief accounting officer

1–10 of 50

Which funds bought or sold INN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
unchanged
-
-971
8,228
-%
Jun 06, 2024
WESTWOOD HOLDINGS GROUP INC
unchanged
-
-55,000
1,705,000
0.01%
Jun 04, 2024
DekaBank Deutsche Girozentrale
reduced
-20.99
-51,000
143,000
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-7,000
226,000
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.24
-62,392
698,178
-%
May 16, 2024
COMERICA BANK
reduced
-9.11
-40,050
294,968
-%
May 16, 2024
Pineridge Advisors LLC
sold off
-100
-208
-
-%
May 16, 2024
JANE STREET GROUP, LLC
sold off
-100
-643,843
-
-%
May 15, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-0.57
-38,164
999,975
-%
May 15, 2024
D. E. Shaw & Co., Inc.
reduced
-37.33
-750,066
1,159,090
-%

1–10 of 46

Are Funds Buying or Selling INN?

Are funds buying INN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own INN
No. of Funds

Unveiling Summit Hotel Properties Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
prudential financial inc
4.91%
0
SC 13G/A
Feb 13, 2024
vanguard group inc
13.66%
14,691,296
SC 13G/A
Feb 08, 2024
jennison associates llc
4.6%
4,977,915
SC 13G/A
Jan 30, 2024
state street corp
6.51%
6,999,270
SC 13G/A
Jan 25, 2024
jpmorgan chase & co
5.8%
6,656,890
SC 13G/A
Jan 25, 2024
jpmorgan chase & co
5.8%
6,656,890
SC 13G/A
Jan 19, 2024
blackrock inc.
19.6%
21,046,483
SC 13G/A
Feb 13, 2023
prudential financial inc
6.53%
0
SC 13G
Feb 10, 2023
state street corp
6.62%
7,078,138
SC 13G/A
Feb 09, 2023
vanguard group inc
14.27%
15,253,705
SC 13G/A

Recent SEC filings of Summit Hotel Properties Inc

View All Filings
Date Filed Form Type Document
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
S-8
Employee Benefits Plan
May 23, 2024
8-K
Current Report
May 20, 2024
4
Insider Trading

Peers (Alternatives to Summit Hotel Properties Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
91.9B
11.2B
5.24% 2.77%
46.55
8.2
3.63% 50.79%
43.4B
6.8B
-1.22% -12.74%
31.11
6.33
-2.39% -16.60%
28.4B
2.8B
1.25% 5.15%
29.76
10.13
5.72% -6.46%
20.5B
3.0B
-5.57% -3.95%
104.32
6.93
10.44% -73.79%
13.0B
-
-1.83% 1.67%
30.71
7.99
8.93% 11.87%
11.4B
1.4B
3.16% 1.31%
30.21
8.32
10.48% -2.04%
MID-CAP
9.6B
3.3B
-4.28% 13.06%
50.09
2.91
4.82% -75.15%
8.4B
1.2B
-0.66% 7.93%
35.42
7.34
5.48% -38.69%
3.7B
913.7M
3.69% 121.78%
-7.19
4.03
1.13% -307.54%
3.2B
878.0M
-10.06% 32.26%
-9.36
3.65
2.35% -290.39%
SMALL-CAP
1.3B
444.1M
-3.19% 12.21%
19.4
3
3.54% 8.91%
1.2B
198.2M
-1.84% -4.41%
-7.32
6.02
-43.33% -308.08%
1.1B
650.2M
-0.28% -6.01%
36.04
1.7
27.93% 140.31%
551.0M
285.4M
-3.05% -40.32%
-4.32
1.93
11.05% 83.70%
445.3M
277.2M
-1.41% -17.47%
-54.3
1.61
25.89% 94.64%

Summit Hotel Properties Inc News

Latest updates
Yahoo Finance14 hours ago
Yahoo Sport Australia11 Jun 202404:44 am
PR Newswire01 May 202407:00 am

Summit Hotel Properties Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue6.0%18817718219418217217818314210711187.0058.0048.0052.0025.00108134134143139
Costs and Expenses-6.9%16517716517116416516116114110810698.0083.0083.0079.0068.00114122114119120
  S&GA Expenses13.8%8.007.008.009.008.007.007.008.009.0011.006.007.006.006.005.005.005.006.006.006.006.00
EBITDA Margin2.1%0.29*0.29*0.30*0.30*0.33*0.33*0.33*0.33*0.26*0.23*0.16*0.07*---------
Interest Expenses-0.2%22.0022.0022.0022.0021.0019.0018.0015.0013.0011.0011.0011.0011.0011.0011.0011.0011.0011.009.0010.0011.00
Income Taxes-80.5%0.001.001.001.00-0.50-1.040.006.00-2.000.001.000.000.00-0.21-0.13-0.252.000.00-0.021.000.00
Earnings Before Taxes115.1%3.00-20.15-4.412.00-2.44-13.12-0.8330.00-10.97-10.51-3.54-20.29-32.77-44.92-35.91-52.79-14.259.0012.0050.0013.00
EBT Margin22.3%-0.03*-0.03*-0.03*-0.02*0.02*0.01*0.01*0.01*-0.10*-0.19*-0.33*-0.55*---------
Net Income113.3%3.00-21.27-5.771.00-1.97-12.08-1.0423.00-8.97-11.01-4.24-20.57-31.36-43.05-34.55-50.42-15.329.0012.0049.0013.00
Net Income Margin17.7%-0.03*-0.04*-0.03*-0.02*0.01*0.00*0.00*0.00*-0.10*-0.19*-0.33*-0.53*---------
Free Cashflow-7.6%28.0030.0044.0047.0032.0034.0049.0061.0026.0016.0035.0018.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.7%2,9612,9393,0153,0343,0283,0223,0763,1253,1072,2652,2482,2312,2212,2332,2752,3812,4232,3562,1492,1232,230
    Cash Equivalents67.7%63.0038.0055.0058.0061.0062.0073.0011082.0064.0085.0078.0047.0039.0057.0014316070.0076.0076.0071.00
Liabilities1.5%1,5661,5431,5701,5711,5851,5641,5951,6391,5851,1581,1491,1661,2201,1811,1791,2491,2361,1129529261,052
  Long Term Debt1.5%1,4521,4311,4451,4511,4671,4521,4681,5241,4821,0701,0571,0791,1401,0951,0841,1591,1351,01684482926.00
Shareholder's Equity-0.4%9089119421,4121,3931,4081,4311,4351,4711,1071,1001,0661,0011,0521,0961,1321,1871,2431,1971,1971,178
  Retained Earnings-2.5%-348-339-316-304-297-288-271-267-275-262-247-236-214-179-132-93.99-39.87-2.2811.0022.00-4.24
  Additional Paid-In Capital0.1%1,2401,2391,2371,2351,2321,2321,2311,2301,2301,2251,2211,1951,1761,1971,1961,1941,1921,1911,1901,1881,186
Shares Outstanding0.6%108108108108107107107107107106106106---------
Minority Interest0.3%436435453463446448455470-159-----------
Float----683---759---962---612---1,183-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-7.6%28,15030,47444,11347,04832,00633,93448,77861,39825,50515,76235,45917,997-3,167-20,661-560-28,1377,30628,86444,31445,06030,240
  Share Based Compensation1.0%1,8481,8291,8672,5781,4681,3761,2302,1423,6984,8201,8922,4001,5691,5181,5171,9661,4751,4531,4501,9641,352
Cashflow From Investing43.3%-9,986-17,623-23,605-35,322-25,408-33,108-22,64150,054-284,818-22,364-39,338-6,299-6,243-3,355-6,320-8,315-12,720-238,963-49,629116,744-10,316
Cashflow From Financing120.3%6,419-31,658-24,342-13,1483,425-30,263-80,952-80,625277,60218,37510,87819,08617,9026,305-79,72519,80095,445204,0225,363-156,881-21,541
  Dividend Payments0%7,3497,3497,3497,3434,9044,8745,174--------------
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

INN Income Statement

2024-03-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Total revenues$ 188,142$ 182,383
Expenses:  
Property taxes, insurance and other14,28514,724
Depreciation and amortization36,79936,908
Corporate general and administrative8,3118,005
Recoveries of credit losses0(250)
Total expenses164,728164,181
Gain on disposal of assets, net750
Operating income23,48918,202
Other income (expense):  
Interest expense(21,582)(20,909)
Interest income458306
Other income (loss), net685(41)
Total other expense, net(20,439)(20,644)
Income (loss) from continuing operations before income taxes3,050(2,442)
Income tax (expense) benefit (Note 13)(217)472
Net income (loss)2,833(1,970)
Less - (Income) loss attributable to non-controlling interests(322)1,369
Net income (loss) attributable to Summit Hotel Properties, Inc. before preferred dividends and distributions2,511(601)
Less - Distributions to and accretion of redeemable non-controlling interests(657)(657)
Less - Preferred dividends(3,970)(3,970)
Net loss attributable to common stockholders, basic(2,116)(5,228)
Net loss attributable to common stockholders, diluted$ (2,116)$ (5,228)
Loss per share:  
Basic (in dollars per share)$ (0.02)$ (0.05)
Diluted (in dollars per share)$ (0.02)$ (0.05)
Weighted-average common shares outstanding:  
Basic (in shares)105,720105,312
Diluted (in shares)105,720105,312
Room  
Revenues:  
Total revenues$ 167,431$ 163,089
Expenses:  
Cost of goods and services sold35,97335,909
Food and beverage  
Revenues:  
Total revenues10,83310,630
Expenses:  
Cost of goods and services sold8,2027,955
Other  
Revenues:  
Total revenues9,8788,664
Expenses:  
Cost of goods and services sold56,26156,125
Management fees  
Expenses:  
Cost of goods and services sold$ 4,897$ 4,805

INN Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Investments in lodging property, net$ 2,715,009$ 2,729,049
Investment in lodging property under development2,3641,451
Assets held for sale, net64,01973,740
Cash and cash equivalents63,43537,837
Restricted cash8,9169,931
Right-of-use assets, net34,24434,814
Trade receivables, net27,98521,348
Prepaid expenses and other17,1838,865
Deferred charges, net6,4956,659
Other assets21,18215,554
Total assets2,960,8322,939,248
Liabilities:  
Debt, net of debt issuance costs1,452,0021,430,668
Lease liabilities, net25,41325,842
Accounts payable7,3034,827
Accrued expenses and other81,71981,215
Total liabilities1,566,4371,542,552
Commitments and contingencies (Note 11)00
Redeemable non-controlling interests50,21950,219
Preferred stock, $0.01 par value per share, 100,000,000 shares authorized:  
Common stock, $0.01 par value per share, 500,000,000 shares authorized, 108,198,141 and 107,593,373 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively1,0821,076
Additional paid-in capital1,239,9051,238,896
Accumulated other comprehensive income14,96910,967
Accumulated deficit and distributions in excess of retained earnings(348,302)(339,848)
Total stockholders’ equity907,758911,195
Non-controlling interests436,418435,282
Total equity1,344,1761,346,477
Total liabilities, redeemable non-controlling interests and equity2,960,8322,939,248
6.25% Series E Preferred Stock  
Preferred stock, $0.01 par value per share, 100,000,000 shares authorized:  
Preferred stock6464
5.875% Series F Preferred Stock  
Preferred stock, $0.01 par value per share, 100,000,000 shares authorized:  
Preferred stock$ 40$ 40
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 August 2, 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.
 CEO
 WEBSITEshpreit.com
 INDUSTRYREIT Mortgage
 EMPLOYEES74

Summit Hotel Properties Inc Frequently Asked Questions


What is the ticker symbol for Summit Hotel Properties Inc? What does INN stand for in stocks?

INN is the stock ticker symbol of Summit Hotel Properties Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Summit Hotel Properties Inc (INN)?

As of Thu Jun 13 2024, market cap of Summit Hotel Properties Inc is 638.33 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of INN stock?

You can check INN's fair value in chart for subscribers.

What is the fair value of INN stock?

You can check INN's fair value in chart for subscribers. The fair value of Summit Hotel Properties Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Summit Hotel Properties Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for INN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Summit Hotel Properties Inc a good stock to buy?

The fair value guage provides a quick view whether INN is over valued or under valued. Whether Summit Hotel Properties Inc is cheap or expensive depends on the assumptions which impact Summit Hotel Properties Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for INN.

What is Summit Hotel Properties Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Jun 13 2024, INN's PE ratio (Price to Earnings) is -27.38 and Price to Sales (PS) ratio is 0.86. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. INN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Summit Hotel Properties Inc's stock?

In the past 10 years, Summit Hotel Properties Inc has provided -0.027 (multiply by 100 for percentage) rate of return.