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Market Cap 652.34M P/E - EPS this Y 155.60% Ern Qtrly Grth 816.20%
Income 6.46M Forward P/E 10.12 EPS next Y -140.00% 50D Avg Chg -7.00%
Sales 741.3M PEG - EPS past 5Y -6.31% 200D Avg Chg -16.00%
Dividend 2.00% Price/Book 0.69 EPS next 5Y - 52W High Chg -33.00%
Recommedations 2.80 Quick Ratio 0.99 Shares Outstanding 108.34M 52W Low Chg 1.00%
Insider Own 3.03% ROA 1.80% Shares Float 105M Beta 2.05
Inst Own 91.59% ROE 1.01% Shares Shorted/Prior 4.93M/3.88M Price 6.07
Gross Margin 45.58% Profit Margin 3.40% Avg. Volume 827,874 Target Price 8.00
Oper. Margin 14.37% Earnings Date Nov 4 Volume 933,083 Change -4.41%
About Summit Hotel Properties, Inc.

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 November 1, 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.

Summit Hotel Properties, Inc. News
11/20/24 Innocan Pharma Reports Third Quarter 2024 Financial Results
11/14/24 How To Put $100 In Your Retirement Fund Each Month With Summit Hotel Properties Stock
11/11/24 Innocan to Direct Full Focus on Following Positive FDA Engagement and Significant Potential Market Demand
11/06/24 Summit Hotel Properties Inc (INN) Q3 2024 Earnings Call Highlights: Navigating Challenges and ...
11/06/24 Q3 2024 Summit Hotel Properties Inc Earnings Call
11/04/24 Summit Hotel Properties (INN) Q3 FFO and Revenues Beat Estimates
11/04/24 Summit Hotel Properties: Q3 Earnings Snapshot
11/04/24 SUMMIT HOTEL PROPERTIES REPORTS THIRD QUARTER 2024 RESULTS
10/24/24 SUMMIT HOTEL PROPERTIES DECLARES THIRD QUARTER 2024 DIVIDENDS
08:30 AM Innocan Pharma to Present at the 2024 ThinkEquity Conference
10/16/24 Innocan Pharma to Participate at the ThinkEquity 2024 Investor Conference in New York Also Announces Relaunch of Updated Website for Enhanced Investor Experience
10/11/24 Innocan Pharma's LPT-CBD Shows Long-Term Success in Relieving Osteoarthritis Pain in Dogs
10/10/24 Summit Hotel Properties (INN) Shows Fast-paced Momentum But Is Still a Bargain Stock
10/09/24 Innocan Pharma Celebrates Dr. Joseph Pergolizzi's Recognition Among Stanford University's List of the Top 2% Most-Cited Scientists Worldwide
10/07/24 Summit Hotel Properties, Inc. (INN) Hit a 52 Week High, Can the Run Continue?
10/03/24 Are Investors Undervaluing Summit Hotel Properties (INN) Right Now?
09/23/24 SUMMIT HOTEL PROPERTIES ANNOUNCES THIRD QUARTER 2024 EARNINGS RELEASE DATE
09/11/24 SUMMIT HOTEL PROPERTIES PUBLISHES 2024 CORPORATE RESPONSIBILITY REPORT
09/03/24 Innocan Pharma Advances Liposomal CBD with Positive Response from FDA Following Successful Pre-IND Meeting
08/29/24 Innocan Pharma Announces Closing of Private Placement and Grant of Stock Options
INN Chatroom

User Image NVDAMillionaire Posted - 3 days ago

$INN Summit Hotel Properties (INN): Delivering Consistent Profitability Amidst Industry Headwinds https://beyondspx.com/latest/INN

User Image ChristaBoarts Posted - 09/26/24

$INN is benefiting from the resurgence in hospitality, with its focus on upscale hotels catering to both business and leisure travelers. Powered by FAAS.

User Image Stock_Titan Posted - 09/23/24

$INN SUMMIT HOTEL PROPERTIES ANNOUNCES THIRD QUARTER 2024 EARNINGS RELEASE DATE https://www.stocktitan.net/news/INN/summit-hotel-properties-announces-third-quarter-2024-earnings-1lbnggqqb5p7.html

User Image Canada_2021 Posted - 08/26/24

$INN it’s moving up

User Image StockInvest_us Posted - 3 months ago

Signal alert: $INN - Overbought Trend Short (Overvalued) https://stockinvest.us/l/xbILi71Q73

User Image StockInvest_us Posted - 3 months ago

Signal alert: $INN - Overbought Trend Short (Overvalued) https://stockinvest.us/l/3X3uDG7p0s

User Image StockInvest_us Posted - 3 months ago

Signal alert: $INN - Double Top https://stockinvest.us/l/fZomo0dPUn

User Image StockInvest_us Posted - 3 months ago

Signal alert: $INN - Double Top https://stockinvest.us/l/wz6nysnDwQ

User Image DonCorleone77 Posted - 07/29/24

$INN Summit Hotel Properties sees FY24 adjusted FFO 91c-99c, consensus 93c Sees FY24 Pro Forma RevPAR Growth 1.00%-2.50%. The Company is revising its FY24 outlook to reflect a moderating RevPAR growth environment, particularly around peak summer travel periods as leisure trends continue to normalize. The revised Adjusted EBITDAre range incorporates a high-end that has been tightened and a slight decrease to the midpoint of the range as continued successful profitability initiatives and reduced expense growth have helped offset lower revenue growth expectations. The Adjusted FFO and Adjusted FFO per share ranges have been tightened with midpoints maintained. The FY24 outlook is based on 96 lodging assets currently owned, 54 of which were wholly owned as of July 29. The updated outlook incorporates all transaction activity closed to date and there are no additional acquisitions, dispositions, or capital markets activities assumed in the Company's FY24 outlook beyond the transactions already completed.

User Image DonCorleone77 Posted - 07/29/24

$INN Summit Hotel Properties reports Q2 adjusted FFO 29c, consensus 26c Reports Q2 revenue $193.90M, consensus $193.91M. Same Store RevPAR increased 3.3% to $132.59 compared to last year. Same store ADR increased 0.9% to $170.53 and same store occupancy increased 2.4% to 77.8%.

User Image epsguid Posted - 07/29/24

$INN reported earnings of $0.29, consensus was $0.26 via @eWhispers #epsbeat http://eps.sh/d/inn

User Image Stock_Titan Posted - 07/29/24

$INN SUMMIT HOTEL PROPERTIES REPORTS SECOND QUARTER 2024 RESULTS https://www.stocktitan.net/news/INN/summit-hotel-properties-reports-second-quarter-2024-499820gzcpa9.html

User Image StockInvest_us Posted - 4 months ago

Signal alert: $INN - PivotPoint bottom https://stockinvest.us/l/xoOCD2It0y

User Image Stock_Titan Posted - 06/24/24

$INN SUMMIT HOTEL PROPERTIES ANNOUNCES SECOND QUARTER 2024 EARNINGS RELEASE DATE https://www.stocktitan.net/news/INN/summit-hotel-properties-announces-second-quarter-2024-earnings-hfg94sq44uao.html

User Image Avocado_smash Posted - 6 months ago

Ex dividend week of 05/13: (5) $JUVF $INN $SJM $SB $FIDS

User Image epsguid Posted - 6 months ago

$INN reported earnings of $0.24, consensus was $0.18 via @eWhispers #epsbeat http://eps.sh/d/inn

User Image Stock_Titan Posted - 6 months ago

$INN SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2024 RESULTS https://www.stocktitan.net/news/INN/summit-hotel-properties-reports-first-quarter-2024-ci684xk4b2p2.html

User Image TickerDD_com Posted - 7 months ago

From 4/1/2024, looking back across 22 Month-Ends for INN, Percentage Change of Average Monthly Price had More Negatives (55%) while Percentage Change of Average Monthly Volume had More Positives (95%) $INN #INN #INNStock #TickerDD https://www.youtube.com/watch?v=9gItwOWGheo

User Image Stock_Titan Posted - 03/26/24

$INN SUMMIT HOTEL PROPERTIES ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE DATE https://www.stocktitan.net/news/INN/summit-hotel-properties-announces-first-quarter-2024-earnings-w47kp6fg2m9t.html

User Image StockInvest_us Posted - 8 months ago

Signal alert: $INN - Double Bottom https://stockinvest.us/l/wYVabtZoTH

User Image GeorgeAH Posted - 8 months ago

$INN

User Image StockInvest_us Posted - 8 months ago

Signal alert: $INN - Double Bottom https://stockinvest.us/l/lFYXrYhLer

User Image epsguid Posted - 02/28/24

$INN reported earnings of $0.22, consensus was $0.19 via @eWhispers #epsbeat http://eps.sh/d/inn

User Image DonCorleone77 Posted - 02/28/24

$INN Summit Hotel Properties sees 2024 adjusted FFO 90c-$1.00, consensus 92c

User Image DonCorleone77 Posted - 02/28/24

$INN Summit Hotel Properties reports Q4 adjusted FFO 22c, consensus 21c Reports Q4 revenue $177.43M, consensus $176.54M. "We are proud of the company's many successes in 2023, led by RevPAR growth of 6.6% which outpaced the overall industry by approximately 170 basis points and was primarily driven by the strong performance of our urban hotels...The improved performance of our portfolio and our ongoing efforts to prudently allocate capital allowed us to increase our common dividend by 50% during the year," said CEO Jonathan Stanner. "... Most recently, our new $200M term loan financing replaced our last remaining meaningful tranche of debt scheduled to mature in 2025. As a result, we have no significant debt maturities until 2026, nearly $400M of liquidity, a weighted average cost of debt of approximately 4.75% and, inclusive of attractively priced interest rate swaps and preferred equity, approximately 80% of our balance sheet has fixed interest rates...."

User Image Stock_Titan Posted - 02/28/24

$INN SUMMIT HOTEL PROPERTIES REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS https://www.stocktitan.net/news/INN/summit-hotel-properties-reports-fourth-quarter-and-full-year-2023-at0rugr0k3pg.html

User Image Stock_Titan Posted - 02/23/24

$INN Summit Hotel Properties Announces 2024 Annual Meeting of Stockholders https://www.stocktitan.net/news/INN/summit-hotel-properties-announces-2024-annual-meeting-of-u4gtd6ugyfls.html

User Image gerbey Posted - 9 months ago

Moving PM $INN $COGT $SNTG πŸ‘€πŸ‘€πŸ‘€

User Image StockAutomatePro Posted - 10 months ago

$INN Stock may be in for a substantial increase based on the chart. We alerted the BUY signal at $6.44 and we were able to close this one with profit at $6.78 πŸ”

User Image cctranscripts Posted - 10 months ago

BlackRock, Inc. just provided an update on share ownership of Summit Hotel Properties https://www.conferencecalltranscripts.org/summary/?id=12879979 $INN

Analyst Ratings
Wolfe Research Peer Perform Jan 10, 24
Raymond James Outperform Mar 29, 23
Baird Neutral Jan 12, 23
Deutsche Bank Buy Oct 25, 22
Capital One Equal-Weight Sep 15, 22
Keybanc Sector Weight Jul 14, 22
Keybanc Overweight Jan 13, 22
B of A Securities Underperform Sep 27, 21
Raymond James Outperform Aug 13, 21
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Stanner Jonathan P President, CEO & Dir.. President, CEO & Director Mar 16 Buy 6.90 21,870 150,903 1,217,705 03/20/23
Taitz Hope S Director Director Mar 16 Buy 6.89 5,000 34,450 64,965 03/20/23
Patel Mehulkumar Bhikhubhai Director Director Nov 23 Sell 8.41 3,000 25,230 11,899 11/28/22
Hansen Daniel P Executive Chairman Executive Chairman Nov 04 Sell 10.57 200,000 2,114,000 153,590 11/08/21
Aniszewski Craig J EVP and COO EVP and COO Aug 13 Sell 9.1 45,000 409,500 486,538 08/13/21