Streetbeat News

INN

Summit Hotel Properties, Inc.

https://www.shpreit.com

Industry

REIT - Hotel & Motel

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.

Open

5.60

Mkt cap

621M

Volume

915K

High

5.72

P/E Ratio

25.73

52-wk high

7.22

Low

5.58

Div yield

0.06

52-wk low

5.50

The article compares Summit Hotel Properties (INN) and National Health Investors (NHI) to determine which is the better value stock for investors interested in REIT and Equity Trust - Other stocks.

Portfolio Pulse from

March 14, 2025 | 5:00 pm

The article discusses whether investors are undervaluing Summit Hotel Properties (INN) by focusing on the Zacks Rank system, which emphasizes earnings estimates and revisions. It highlights the importance of value, growth, and momentum trends in identifying strong stock picks.

Portfolio Pulse from

March 14, 2025 | 3:00 pm

The article compares Summit Hotel Properties (INN) and Gaming and Leisure Properties (GLPI) to determine which stock offers a better value opportunity for investors interested in REIT and Equity Trust - Other stocks.

Portfolio Pulse from

February 26, 2025 | 6:00 pm

The article discusses whether value investors should consider buying Summit Hotel Properties (INN) stock, focusing on the Zacks Rank system which emphasizes earnings estimates and revisions.

Portfolio Pulse from

February 26, 2025 | 4:00 pm

Summit Hotel Properties, Inc. (NYSE:INN) held its Q4 2024 earnings call on February 25, 2025. The call featured company executives and analysts from various financial institutions.

Portfolio Pulse from

February 25, 2025 | 7:00 pm

Summit Hotel Properties (INN) reported Q4 funds from operations (FFO) of $0.20 per share, surpassing the Zacks Consensus Estimate of $0.19 per share, though slightly down from $0.22 per share a year ago.

Portfolio Pulse from

February 25, 2025 | 12:30 am

Summit Hotel Properties, Inc. has announced its 2025 Annual Meeting of Stockholders, scheduled for May 21, 2025.

Portfolio Pulse from

February 20, 2025 | 10:30 pm

Summit Hotel Properties has declared a cash dividend of $0.08 per share for the fourth quarter of 2024, representing an annualized yield of 4.8% based on the January 22, 2025 closing price.

Portfolio Pulse from

January 23, 2025 | 10:15 pm

Summit Hotel Properties' preferred shares offer a 7.6% dividend yield, providing a senior position in the capital stack and cumulative dividends. The company reported strong FFO and AFFO, comfortably covering its preferred dividend commitments, with only 12% of AFFO needed for preferred dividends. The REIT's balance sheet is robust, with $2.84B in assets and $1.32B in equity.

Portfolio Pulse from

January 17, 2025 | 3:45 pm

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