INN

Summit Hotel Properties

4.57 USD
-0.13
2.77%
At close Jun 13, 4:00 PM EDT
After hours
4.57
+0.00
0.00%
1 day
-2.77%
5 days
6.53%
1 month
-0.65%
3 months
-17.06%
6 months
-31.79%
Year to date
-32.40%
1 year
-22.54%
5 years
-36.26%
10 years
-64.35%
 

About: Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.

Employees: 78

0
Funds holding %
of 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

5,560% more call options, than puts

Call options by funds: $1.13M | Put options by funds: $20K

50% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 20

3% more funds holding

Funds holding: 208 [Q4 2024] → 215 (+7) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

1.74% less ownership

Funds ownership: 92.82% [Q4 2024] → 91.08% (-1.74%) [Q1 2025]

15% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 78

22% less capital invested

Capital invested by funds: $689M [Q4 2024] → $541M (-$148M) [Q1 2025]

Research analyst outlook

We haven’t received any recent analyst ratings for INN.

Financial journalist opinion

Positive
Seeking Alpha
3 days ago
Summit Hotel Properties: High Yield And Healthy Balance Sheet Make This A Buy
With a forward dividend yield of close to 7%, Summit Hotel Properties has a high dividend yield at present. This dividend is comfortably covered by the company's earnings, which leaves the room for potential raises in the future. The company also has a healthy balance sheet, with no significant maturities until 2 years later.
Summit Hotel Properties: High Yield And Healthy Balance Sheet Make This A Buy
Positive
Seeking Alpha
1 month ago
REIT Replay: REIT Share Prices Rise With Broader Market In Week Ended May 2
The Dow Jones Equity All REIT index closed the recent week up 3.31%, compared with a 2.92% increase for the S&P 500 and a 3.00% gain for the Dow Jones Industrial Average. The self-storage REIT index jumped 5.63% during the week, the largest increase of the group. Industrial REIT Industrial Logistics Properties Trust saw the largest share-price increase among all US REITs with at least $200 million in market capitalization, up 16.29%.
REIT Replay: REIT Share Prices Rise With Broader Market In Week Ended May 2
Neutral
Seeking Alpha
1 month ago
Summit Hotel Properties, Inc. (INN) Q1 2025 Earnings Call Transcript
Summit Hotel Properties, Inc. (NYSE:INN ) Q1 2025 Earnings Conference Call May 1, 2025 9:00 AM ET Company Participants Kevin Milota - Senior Vice President, Corporate Finance Jonathan Stanner - President and Chief Executive Officer William Conkling - Executive Vice President and Chief Financial Officer Conference Call Participants Josh Friedland - KeyBanc Capital Markets Chris Woronka - Deutsche Bank Michael Bellisario - Baird Operator Good day and thank you for standing by. Welcome to the Summit Hotel Properties, Inc. First Quarter 2025 Earnings Conference Call.
Summit Hotel Properties, Inc. (INN) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Summit Hotel Properties (INN) Beats Q1 FFO Estimates
Summit Hotel Properties (INN) came out with quarterly funds from operations (FFO) of $0.22 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to FFO of $0.24 per share a year ago.
Summit Hotel Properties (INN) Beats Q1 FFO Estimates
Neutral
PRNewsWire
1 month ago
SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2025 RESULTS
Same Store RevPAR Increased 1.5% Completed $275 Million Delayed Draw Term Loan Financing; Proceeds to Fund February 2026 Convertible Notes Maturity $50 Million Share Repurchase Program Authorized AUSTIN, Texas , April 30, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the three months ended March 31, 2025. "Our same-store portfolio RevPAR increased 1.5% during the first quarter and hotel EBITDA margin contracted less than 50 basis points compared to the prior year, reflecting our ability to effectively manage expenses in a low revenue growth environment.
SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2025 RESULTS
Positive
Zacks Investment Research
1 month ago
INN or OHI: Which Is the Better Value Stock Right Now?
Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Summit Hotel Properties (INN) and Omega Healthcare Investors (OHI). But which of these two stocks is more attractive to value investors?
INN or OHI: Which Is the Better Value Stock Right Now?
Neutral
PRNewsWire
1 month ago
SUMMIT HOTEL PROPERTIES DECLARES FIRST QUARTER 2025 DIVIDENDS
AUSTIN, Texas , April 24, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the first quarter ended March 31, 2025, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's first quarter common dividend represents an annualized dividend yield of 8.2 percent based on the closing price of shares of the common stock on April 23, 2025.
SUMMIT HOTEL PROPERTIES DECLARES FIRST QUARTER 2025 DIVIDENDS
Neutral
Zacks Investment Research
1 month ago
Is the Options Market Predicting a Spike in Summit Hotel Properties Stock?
Investors need to pay close attention to INN stock based on the movements in the options market lately.
Is the Options Market Predicting a Spike in Summit Hotel Properties Stock?
Positive
Benzinga
1 month ago
Top 3 Real Estate Stocks That May Explode In Q2
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Top 3 Real Estate Stocks That May Explode In Q2
Positive
Seeking Alpha
2 months ago
Cash COWs: 11 High-Yield REITs
Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-usual yields, making them attractive for income investors. Dividend safety is crucial; Seeking Alpha Premium's Quant Ratings help identify REITs with low risk of dividend cuts, ensuring stable income.
Cash COWs: 11 High-Yield REITs
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