INN

Summit Hotel Properties

4.07 USD
+0.01
0.25%
At close Apr 30, 4:00 PM EDT
After hours
4.07
+0.00
0.00%
1 day
0.25%
5 days
4.90%
1 month
-24.77%
3 months
-39.79%
6 months
-36.11%
Year to date
-39.79%
1 year
-32.28%
5 years
-32.84%
10 years
-69.10%
 

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 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

1,647% more call options, than puts

Call options by funds: $2.46M | Put options by funds: $141K

36% more repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 58

1.12% more ownership

Funds ownership: 91.65% [Q3] → 92.78% (+1.12%) [Q4]

1% more capital invested

Capital invested by funds: $681M [Q3] → $689M (+$7.67M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

3% less funds holding

Funds holding: 212 [Q3] → 206 (-6) [Q4]

16% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 25

Research analyst outlook

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

Financial journalist opinion

Based on 8 articles about INN published over the past 30 days

Positive
Zacks Investment Research
7 hours 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
10 hours 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 day 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
6 days 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 week 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
2 weeks 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
3 weeks 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
Positive
Seeking Alpha
4 weeks ago
We Are Buying REIT Preferred Stocks Part 2: Summit Hotel Or Sunstone Hotel Preferreds?
Recent improvements in spreads make REIT preferred stocks attractive, focusing on those offering yields above 6.5%, particularly Summit Hotel Properties and Sunstone Hotel Investors. INN and SHO are both lodging REITs with similar structures and yields, but SHO has stronger financial metrics and a better credit score. SHO's preferreds offer similar returns to INN's but with significantly lower credit risk, making SHO a more favorable investment.
We Are Buying REIT Preferred Stocks Part 2: Summit Hotel Or Sunstone Hotel Preferreds?
Neutral
PRNewsWire
4 weeks ago
SUMMIT HOTEL PROPERTIES COMPLETES $275 MILLION DELAYED DRAW TERM LOAN FINANCING
AUSTIN, Texas , March 31, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has successfully closed on a new $275 million senior unsecured term loan (the "Term Loan").  The Company expects to utilize future proceeds from the Term Loan to repay the majority of the Company's outstanding $287.5 million 1.50% Convertible Senior Notes maturing in February 2026.
SUMMIT HOTEL PROPERTIES COMPLETES $275 MILLION DELAYED DRAW TERM LOAN FINANCING
Neutral
PRNewsWire
1 month ago
SUMMIT HOTEL PROPERTIES ANNOUNCES FIRST QUARTER 2025 EARNINGS RELEASE DATE
AUSTIN, Texas , March 26, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the first quarter of 2025 on Wednesday, April 30, 2025, after the market closes. The Company will conduct its quarterly conference call on Thursday, May 1, 2025, at 9:00 AM ET.
SUMMIT HOTEL PROPERTIES ANNOUNCES FIRST QUARTER 2025 EARNINGS RELEASE DATE
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