Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
Market Cap 652.34M P/E - EPS this Y 25.90% Ern Qtrly Grth -
Income -27.99M Forward P/E 10.12 EPS next Y 10.00% 50D Avg Chg -7.00%
Sales 736.13M 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 0.92 Shares Outstanding 107.59M 52W Low Chg 1.00%
Insider Own 2.94% ROA 1.59% Shares Float 104.36M Beta 1.96
Inst Own 94.14% ROE -1.97% Shares Shorted/Prior 6.20M/6.74M Price 6.07
Gross Margin 45.05% Profit Margin -1.29% Avg. Volume 827,874 Target Price 7.50
Oper. Margin 9.63% Earnings Date May 1 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
04/22/24 Innocan Pharma Initiates FDA Approval Process for Liposome Injection Therapy for Chronic Pain
04/01/24 Innocan Pharma Reports Full Year 2023 Results with Revenues up Nearly 6X to $13.7M
04:00 PM SUMMIT HOTEL PROPERTIES ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE DATE
03/25/24 Innocan Pharma paves its way to LPT-CBD Chemistry, Manufacturing and Controls (CMC), key milestones for FDA approval.
03/14/24 Innocan Pharma Announces Closing of Private Placement for Gross Proceeds of Approximately C$2 Million
03/05/24 Innocan Pharma's LPT-CBD Has the Potential to Support a new Therapeutic Venue for Neurological Disorders According to Recent Study
03/01/24 Summit Hotel Properties, Inc. (NYSE:INN) Q4 2023 Earnings Call Transcript
03/01/24 Q4 2023 Summit Hotel Properties Inc Earnings Call
02/28/24 Summit Hotel Properties (INN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
02/28/24 SUMMIT HOTEL PROPERTIES REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
06:55 PM Innovative Industrial Properties (IIPR) Q4 FFO and Revenues Surpass Estimates
04:00 PM Innocan Pharma Announces Study Findings that LPT-CBD maintains its prolonged release in Rabbits
09:15 AM Gear Up for Summit Hotel Properties (INN) Q4 Earnings: Wall Street Estimates for Key Metrics
02/23/24 Summit Hotel Properties Announces 2024 Annual Meeting of Stockholders
02/20/24 Innocan Pharma to participate in the White Label World Expo on February 27-28th, 2024
02/08/24 COPT Defense (CDP) Q4 FFO and Revenues Beat Estimates
02/05/24 Are Investors Undervaluing Summit Hotel Properties (INN) Right Now?
02/01/24 Zacks.com featured highlights include First Bank, CEMEX, Costamare, ASE Technology and Summit Hotel Properties
01/31/24 Pick These 5 Bargain Stocks With Enticing EV-to-EBITDA Ratios
01/30/24 Are Investors Undervaluing Brandywine Realty Trust (BDN) Right Now?
INN Chatroom

User Image TickerDD_com Posted - 2 weeks 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 - 4 weeks ago

$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 - 1 month ago

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

User Image GeorgeAH Posted - 1 month ago

$INN

User Image StockInvest_us Posted - 1 month 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 - 2 months ago

$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 - 2 months ago

Moving PM $INN $COGT $SNTG 👀👀👀

User Image StockAutomatePro Posted - 3 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 🔏

User Image cctranscripts Posted - 3 months ago

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

User Image Stock_Titan Posted - 3 months ago

$INN SUMMIT HOTEL PROPERTIES ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 EARNINGS RELEASE DATE https://www.stocktitan.net/news/INN/summit-hotel-properties-announces-fourth-quarter-and-full-year-2023-u2g6t70z446k.html

User Image ChristianFaye Posted - 12/31/23

$DRH short interest is 18-20% Thats 5-7x normal short squeeze will send this to $11+ I'm paired against a short on overvalued, overleveraged peers like $BHR $PEB $AHT and $INN

User Image Primordial Posted - 3 months ago

$ARBB $INN Only really traded ARBB and that was real slow after the AM push. IINN missed the offering, surprised they actually did one in RTH since that has become so rare now. Oh well hope we have some good ones tomorrow!

User Image tickeron Posted - 3 months ago

A.I.dvisor made a bullish call on $INN, netting in a 10.66% gain over 1 month https://srnk.us/go/4951929

User Image Profitrip Posted - 3 months ago

$INN vwap $2 ish scalp

User Image ChartMill Posted - 4 months ago

$INN is expected to show a small growth in Revenue. In the coming 5 years, the Revenue will grow by 4.62% yearly. https://www.chartmill.com/stock/quote/INN/fundamental-analysis?key=b65b28ef-7629-4cc9-b363-406d7aabbd13&utm_source=GROWTH&utm_medium=stocktwits&utm_campaign=FA&utm_content=INN

User Image Lumenaire Posted - 4 months ago

$LUMN Pamp IT NERDS! Up 15% $INN $CPRX #ROTN

User Image stockilluminati Posted - 11/27/23

$INN https://www.stockilluminati.com/inn/news.php - Summit Hotel Properties: A Lot Of Debt

User Image shortvolumes Posted - 5 months ago

2023-11-22 Short sale volume (not short interest) for $INN is 90%. http://shortvolumes.com/?t=INN via @shortvolumes

User Image shortvolumes Posted - 5 months ago

The short sale volume (not short interest) for $INN on 2023-11-17 is 38%. http://shortvolumes.com/?t=INN via @shortvolumes

User Image tickeron Posted - 5 months ago

A.I.dvisor made a bullish call on $INN, netting in a 9.81% gain over 1 month https://srnk.us/go/4913565

User Image StockAutomatePro Posted - 5 months ago

$INN The chart is pointing towards a potential rise in the stock price. We alerted the BUY signal at $5.7 and we were able to close this one with profit at $6.38 📊

User Image dividendinvestorbyeagle Posted - 5 months ago

$INN close increased > 10% (Summit Hotel Properties Inc) https://www.dividendinvestor.com/dividend-news/?symbol=inn http://dlvr.it/SyMPWr

User Image dividendinvestorbyeagle Posted - 5 months ago

$INN close increased > 10% (Summit Hotel Properties Inc) https://www.dividendinvestor.com/dividend-news/?symbol=inn http://dlvr.it/SyMLWh

User Image cctranscripts Posted - 5 months ago

Interesting remarks presented as to $INN latest transcript https://conferencecalltranscripts.com/summary/?id=532946&pr=true

User Image Last10K Posted - 5 months ago

Last10K highlighted 54 positive and negative remarks in the $INN 10-Q filed today. See them in the Quarterly Report: https://last10k.com/sec-filings/INN/0001497645-23-000058.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=sentiment&utm_term=inn

User Image Last10K Posted - 5 months ago

$INN just filed a 10-Q Quarterly Report with 6 financial statements and 71 disclosures: https://last10k.com/sec-filings/inn/0001497645-23-000058.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=10KQ2040F&utm_term=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