NYSE:INN Summit Hotel Properties (INN) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (Ad) Free INN Stock Alerts $6.36 +0.11 (+1.76%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$6.27▼$6.3950-Day Range$6.13▼$6.6852-Week Range$5.31▼$7.26Volume614,311 shsAverage Volume643,033 shsMarket Capitalization$684.81 millionP/E RatioN/ADividend Yield3.77%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Summit Hotel Properties alerts: Email Address Summit Hotel Properties MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy6.05% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.81Upright™ Environmental ScoreNews Sentiment0.41Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth11.90%From $0.84 to $0.94 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.20 out of 5 starsFinance Sector608th out of 856 stocksReal Estate Investment Trusts Industry126th out of 181 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Summit Hotel Properties. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.05% of the float of Summit Hotel Properties has been sold short.Short Interest Ratio / Days to CoverSummit Hotel Properties has a short interest ratio ("days to cover") of 8.1.Change versus previous monthShort interest in Summit Hotel Properties has recently decreased by 6.23%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipSummit Hotel Properties is a leading dividend payer. It pays a dividend yield of 3.83%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSummit Hotel Properties has only been increasing its dividend for 1 years.Dividend SustainabilityBased on earnings estimates, Summit Hotel Properties will have a dividend payout ratio of 25.53% next year. This indicates that Summit Hotel Properties will be able to sustain or increase its dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSummit Hotel Properties has received a -2.67% net impact score from Upright. Summit Hotel Properties uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Real estate funds investing in hotels" product. See details.Environmental SustainabilityThe Environmental Impact score for Summit Hotel Properties is -2.81. Previous Next 1.9 News and Social Media Coverage News SentimentSummit Hotel Properties has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Summit Hotel Properties this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for INN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Summit Hotel Properties insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.37% of the stock of Summit Hotel Properties is held by insiders.Percentage Held by Institutions96.47% of the stock of Summit Hotel Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Summit Hotel Properties are expected to grow by 11.90% in the coming year, from $0.84 to $0.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Summit Hotel Properties is -23.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Summit Hotel Properties is -23.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSummit Hotel Properties has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry About Summit Hotel Properties Stock (NYSE: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 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.Read More INN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INN Stock News HeadlinesApril 24, 2024 | americanbankingnews.comSummit Hotel Properties (INN) to Release Earnings on WednesdayApril 18, 2024 | americanbankingnews.comShort Interest in Summit Hotel Properties, Inc. (NYSE:INN) Decreases By 6.2%April 24, 2024 | Wall Street Star (Ad)This Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.April 16, 2024 | americanbankingnews.comSummit Hotel Properties (NYSE:INN) Stock Crosses Above 200 Day Moving Average of $6.35April 15, 2024 | msn.comWhat it costs to stay a night at California's hottest new hotelApril 14, 2024 | msn.comPRA, RLC collaborate to elevate PH retirement livingApril 12, 2024 | msn.comThis ski pass will get you unlimited skiing at top resorts through 2025April 12, 2024 | msn.com5 Hotels For The Sober CuriousApril 24, 2024 | Wall Street Star (Ad)This Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.April 8, 2024 | prnewswire.comSHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Summit Hotel Properties, Inc. (NYSE: INN)April 6, 2024 | msn.comNeed lodging for eclipse day? Odds of finding hotel rooms in Greater Akron astronomicalApril 4, 2024 | msn.comJemal finalizes purchase of Roycroft Inn in East AuroraApril 4, 2024 | finance.yahoo.comINN: Rating decreased to a HOLDApril 3, 2024 | bizjournals.comDeveloper seeks rezoning for hotel at Huntersville office park near Birkdale VillageApril 3, 2024 | yahoo.comFormer Baymont hotel in north Champaign changes handsApril 1, 2024 | finance.yahoo.comInnocan Pharma Reports Full Year 2023 Results with Revenues up Nearly 6X to $13.7MMarch 29, 2024 | usatoday.comGulfstream Hotel finally changes hands. What's next for this historic Lake Worth Beach property?March 28, 2024 | bizjournals.com$21M investment will bring new hotel to LeedsMarch 27, 2024 | finance.yahoo.comSUMMIT HOTEL PROPERTIES ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE DATEMarch 27, 2024 | finance.yahoo.comSUMMIT HOTEL PROPERTIES ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE DATEMarch 25, 2024 | finance.yahoo.comInnocan Pharma paves its way to LPT-CBD Chemistry, Manufacturing and Controls (CMC), key milestones for FDA approval.March 23, 2024 | money.usnews.comSummit Hotel Properties IncMarch 16, 2024 | finance.yahoo.comINN Apr 2024 5.000 putMarch 14, 2024 | finance.yahoo.comInnocan Pharma Announces Closing of Private Placement for Gross Proceeds of Approximately C$2 MillionMarch 13, 2024 | forbes.comTuro’s CFO Explains How They Grew Revenues 88% In 2 YearsMarch 6, 2024 | finance.yahoo.comInnocan Pharma's LPT-CBD Has the Potential to Support a new Therapeutic Venue for Neurological Disorders According to Recent StudyMarch 5, 2024 | seekingalpha.comSummit Hotel Properties Offers 7.4% On Its Preferred SharesSee More Headlines Receive INN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Summit Hotel Properties and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/03/2022Ex-Dividend for 2/29 Dividend2/14/2024Dividend Payable2/29/2024Today4/24/2024Next Earnings (Confirmed)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustrySpecialized REITs Current SymbolNYSE:INN CUSIP86608210 CIK1497645 Webwww.shpreit.com Phone(512) 538-2300Fax512-538-2333Employees78Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($0.27) Trailing P/E RatioN/A Forward P/E Ratio7.58 P/E GrowthN/ANet Income$-12,110,000.00 Net Margins-1.56% Pretax Margin-3.44% Return on Equity-0.83% Return on Assets-0.38% Debt Debt-to-Equity Ratio1.06 Current Ratio0.80 Quick Ratio0.80 Sales & Book Value Annual Sales$736.13 million Price / Sales0.93 Cash Flow$1.42 per share Price / Cash Flow4.49 Book Value$12.52 per share Price / Book0.51Miscellaneous Outstanding Shares107,593,000Free Float103,967,000Market Cap$684.83 million OptionableOptionable Beta1.94 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Jonathan P. Stanner (Age 42)President, CEO & Director Comp: $1.97MMr. William H. Conkling (Age 48)Executive VP & CFO Comp: $1.05MMr. Paul Ruiz CPA (Age 57)Senior VP & Chief Accounting Officer Comp: $579.2kMr. Christopher Russell Eng (Age 53)Chief Risk Officer, Executive VP, General Counsel & Secretary Comp: $837.2kMr. Adam WudelSenior VP of Finance & Capital MarketsKey CompetitorsDiversified Healthcare TrustNASDAQ:DHCUniversal Health Realty Income TrustNYSE:UHTChatham Lodging TrustNYSE:CLDTService Properties TrustNASDAQ:SVCLTC PropertiesNYSE:LTCView All CompetitorsInstitutional OwnershipQuadrature Capital LtdBought 13,797 shares on 3/25/2024Ownership: 0.013%PNC Financial Services Group Inc.Sold 31,934 shares on 3/22/2024Ownership: 0.013%Vanguard Group Inc.Sold 216,319 shares on 3/11/2024Ownership: 13.655%Fisher Asset Management LLCSold 95,534 shares on 3/5/2024Ownership: 0.496%H 2 Credit Manager LPBought 83,700 shares on 2/14/2024Ownership: 4.658%View All Institutional Transactions INN Stock Analysis - Frequently Asked Questions Should I buy or sell Summit Hotel Properties stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Summit Hotel Properties in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" INN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INN, but not buy additional shares or sell existing shares. View INN analyst ratings or view top-rated stocks. How have INN shares performed in 2024? Summit Hotel Properties' stock was trading at $6.72 on January 1st, 2024. Since then, INN stock has decreased by 5.3% and is now trading at $6.3650. View the best growth stocks for 2024 here. Are investors shorting Summit Hotel Properties? Summit Hotel Properties saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 6,320,000 shares, a decline of 6.2% from the March 15th total of 6,740,000 shares. Based on an average daily trading volume, of 780,700 shares, the days-to-cover ratio is currently 8.1 days. Approximately 6.1% of the company's shares are sold short. View Summit Hotel Properties' Short Interest. When is Summit Hotel Properties' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our INN earnings forecast. How can I listen to Summit Hotel Properties' earnings call? Summit Hotel Properties will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Summit Hotel Properties' earnings last quarter? Summit Hotel Properties, Inc. (NYSE:INN) issued its quarterly earnings data on Tuesday, May, 3rd. The real estate investment trust reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.16 by $0.28. Summit Hotel Properties had a negative net margin of 1.56% and a negative trailing twelve-month return on equity of 0.83%. During the same period last year, the business posted ($0.07) EPS. How often does Summit Hotel Properties pay dividends? What is the dividend yield for Summit Hotel Properties? Summit Hotel Properties announced a quarterly dividend on Thursday, January 25th. Stockholders of record on Thursday, February 15th will be paid a dividend of $0.06 per share on Thursday, February 29th. This represents a $0.24 annualized dividend and a dividend yield of 3.77%. The ex-dividend date is Wednesday, February 14th. Read our dividend analysis for INN. Is Summit Hotel Properties a good dividend stock? Summit Hotel Properties (NYSE:INN) pays an annual dividend of $0.24 per share and currently has a dividend yield of 3.83%. Read our dividend analysis for INN. What ETFs hold Summit Hotel Properties' stock? ETFs with the largest weight of Summit Hotel Properties (NYSE:INN) stock in their portfolio include Invesco Real Assets ESG ETF (IVRA), Nuveen Short-Term REIT ETF (NURE) and Kelly Hotel & Lodging Sector ETF (HOTL).Intelligent Real Estate ETF (PRVT). What guidance has Summit Hotel Properties issued on next quarter's earnings? Summit Hotel Properties issued an update on its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of 0.900-1.000 for the period, compared to the consensus estimate of 0.880. The company issued revenue guidance of -. What is Daniel P. Hansen's approval rating as Summit Hotel Properties' CEO? 4 employees have rated Summit Hotel Properties Chief Executive Officer Daniel P. Hansen on Glassdoor.com. Daniel P. Hansen has an approval rating of 67% among the company's employees. 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), Boeing (BA) and Walt Disney (DIS). How do I buy shares of Summit Hotel Properties? Shares of INN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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