Latest On Summit Hotel Properties, Inc (INN):
| Date/Time | Type | Description | Signal | Details |
|---|---|---|---|---|
| 2024-08-16 05:47 EST | Dividend | A dividend of $0.08 has been announced on Jul 25, 2024. It will be paid Aug 30, 2024 with an ex-dividend date of Aug 16, 2024. | Neutral |  |
| 2024-05-16 05:48 EST | Dividend | A dividend of $0.08 has been announced on May 1, 2024. It will be paid May 31, 2024 with an ex-dividend date of May 16, 2024. | Neutral | |
| 2024-02-14 04:51 EST | Dividend | A dividend of $0.06 has been announced on Jan 25, 2024. It will be paid Feb 29, 2024 with an ex-dividend date of Feb 14, 2024. | Neutral | |
| 2023-11-15 04:47 EST | Dividend | A dividend of $0.06 has been announced on Oct 26, 2023. It will be paid Nov 30, 2023 with an ex-dividend date of Nov 15, 2023. | Neutral | |
| 2023-08-16 05:47 EST | Dividend | A dividend of $0.06 has been announced on Jul 27, 2023. It will be paid Aug 31, 2023 with an ex-dividend date of Aug 16, 2023. | Neutral | |
About Summit Hotel Properties, Inc (INN):
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 November 3, 2020, the Company's portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.
General
- Name Summit Hotel Properties, Inc
- Symbol INN
- Type Common Stock
- Exchange NYSE
- Currency USD
- Country USA
- SectorReal Estate
- IndustryREIT-Hotel & Motel
- Full Time Employees 46
- Fiscal Year EndDecember
- IPO Date2011-02-09
- Gic SectorReal Estate
- Gic GroupReal Estate
- Gic IndustryEquity Real Estate Investment Trusts (REITs)
- Gic SubIndustryHotel & Resort REITs
- Web URLhttp://www.shpreit.com
Valuation
- Trailing PE 14.05
- Price/Sales (Trailing 12 Mt.) 4.52
- Price/Book (Most Recent Quarter) 1.09
- Enterprise Value Revenue 9.25
- Enterprise Value EBITDA 429.44
Financials
- Most Recent Quarter 2020-12-31
- Current Year EPS Estimate -$0.92
- Next Year EPS Estimate -$0.04
- Profit Margin -61%
- Operating Margin -46%
- Return on Assets -3%
- Return on Equity -13%
- Revenue 234.46 million
- Earnings Per Share $0.38
- Revenue Per Share $2.25
- Gross Profit 78.76 million
- Quarterly Earnings Growth -63.9%
Highlights
- Market Capitalization 1.18 billion
- EBITDA 1.61 million
- PE Ratio 109.4
- Analyst Target Price $11.75
- Book Value Per Share $9.35
Share Statistics
- Shares Outstanding 105.71 million
- Shares Float 102.41 million
- % Held by Insiders 247%
- % Held by Institutions 94.08%
- Shares Short 4.94 million
- Shares Short Prior Month 5.56 million
- Short Ratio 3.04
- Short % of Float 7%
- Short % of Shares Outstanding 5%
Technicals
- Beta 2.48
- 52 Week High $11.32
- 52 Week Low $3.05
- 50 Day Moving Average 9.86
- 200 Day Moving Average 7.89
Dividends
- Forward Annual Dividend Yield 19.67%
- Dividend Date 2020-02-28
- ExDividend Date 2020-02-13
- Dividend Per Share $0.18
- Dividend Yield 4.06%
Summit Hotel Properties, Inc (INN) Dividend Calendar:
Summit Hotel Properties, Inc pays an annual dividend of $N/A per share, with a dividend yield of 4.06%.
INN's last dividend payment was made to shareholders on February 28, 2020.
Summit Hotel Properties, Inc (INN) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
Summit Hotel Properties, Inc (INN) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
| Date |
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| Research Development |
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| Selling General Administrative |
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Cash Flow:
| Date |
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| Investments |
| Change to Liabilities |
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| Net Borrowings |
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| Change to Operating Activities |
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| Change to Inventory |
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Balance Sheet:
| Date |
|---|
| Total Liabailities |
| Total Stockholder Equity |
| Other Current Liabilities |
| Total Assets |
| Common Stock |
| Other Current Assets |
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| Long Term Debt |
| Inventory |
| Accounts Payable |
Summit Hotel Properties, Inc (INN) Chart:
Summit Hotel Properties, Inc (INN) News:
Below you will find a list of latest news for Summit Hotel Properties, Inc (INN) from major news sources. You can filter the results to only show news from a specific source.
No recent news available
Summit Hotel Properties, Inc (INN) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Latest INN Trades:
Summit Hotel Properties, Inc (INN) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
| Date | Form Type | View |
|---|---|---|
| 2020-11-03 | 8-K (Current report) | |
| 2020-11-03 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-08-05 | 8-K (Current report) | |
| 2020-08-05 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-06-24 | 8-K (Current report) | |
| 2020-06-24 | 8-K (Current report) | |
| 2020-05-15 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-15 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-15 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-15 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-15 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-14 | 8-K (Current report) | |
| 2020-05-12 | 8-K (Current report) | |
| 2020-05-11 | 8-K (Current report) | |
| 2020-05-11 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-04-22 | 8-K (Current report) | |
| 2020-04-15 | DEFA14A (Additional definitive proxy soliciting materials and Rule 14(a)(12) material) | |
| 2020-04-01 | DEFA14A (Additional definitive proxy soliciting materials and Rule 14(a)(12) material) | |
| 2020-04-01 | DEF 14A (Other definitive proxy statements) | |
| 2020-03-26 | 8-K (Current report) | |
Summit Hotel Properties, Inc (INN) Insider Transactions:
Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Summit Hotel Properties, Inc (INN). Company insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
Insider Ownership: 247%
Institutional Ownership: 9408%
| Transaction Date | Insider Name | Insider Title | Type | Shares Number | Shares Price | Total Transaction | Shares Held After Transaction | Link |
|---|---|---|---|---|---|---|---|---|
| 2020-05-14 | Thomas W. Storey | Director | Buy | 18,762.00 | 131,817.00 | | ||
| 2020-05-14 | Hope S Taitz | Director | Buy | 18,762.00 | 38,209.00 | | ||
| 2020-05-14 | JEFFREY W JONES | Director | Buy | 18,762.00 | 61,292.00 | | ||
| 2020-05-14 | Kenneth J Kay | Director | Buy | 18,762.00 | 61,292.00 | | ||
| 2020-05-14 | Bjorn R.L. Hanson | Director | Buy | 18,762.00 | 74,720.00 | | ||
| 2020-03-23 | PAUL RUIZ | SVP & Chief Accounting Officer | Sell | 7,581.00 | 136,935.00 | | ||
| 2020-03-23 | Christopher R. Eng | EVP, General Counsel & CRO | Sell | 15,161.00 | 166,904.00 | | ||
| 2020-03-23 | Jonathan P Stanner | EVP & Chief Financial Officer | Sell | 30,322.00 | 285,524.00 | | ||
| 2020-03-23 | Craig J Aniszewski | EVP and COO | Sell | 37,903.00 | 348,090.00 | | ||
| 2020-03-23 | Daniel P Hansen | Chairman, President and CEO | Sell | 90,967.00 | 995,744.00 | | ||
| 2020-03-09 | Daniel P Hansen | Chairman, President and CEO | Buy | 180,258.00 | 1,116,037.00 | | ||
| 2020-03-09 | PAUL RUIZ | SVP & Chief Accounting Officer | Buy | 17,167.00 | 121,992.00 | | ||
| 2020-03-09 | PAUL RUIZ | SVP & Chief Accounting Officer | Buy | 25,751.00 | 147,743.00 | | ||
| 2020-03-09 | Christopher R. Eng | EVP, Gen. Counsel, CRO & SEC | Buy | 19,313.00 | 157,926.00 | | ||
| 2020-03-09 | Christopher R. Eng | EVP, Gen. Counsel, CRO & SEC | Buy | 28,970.00 | 186,896.00 | | ||
| 2020-03-09 | Jonathan P Stanner | EVP & Chief Financial Officer | Buy | 47,210.00 | 255,371.00 | | ||
| 2020-03-09 | Jonathan P Stanner | EVP & Chief Financial Officer | Buy | 70,815.00 | 326,186.00 | | ||
| 2020-03-09 | Craig J Aniszewski | EVP and COO | Buy | 47,210.00 | 445,123.00 | | ||
| 2020-03-09 | Craig J Aniszewski | EVP and COO | Buy | 70,815.00 | 515,938.00 | | ||
| 2020-03-09 | Daniel P Hansen | Chairman, President and CEO | Buy | 120,172.00 | 935,779.00 | |