INN - Summit Hotel Properties, Inc.

NYSE - NYSE Delayed Price. Currency in USD
11.46
-0.03 (-0.26%)
At close: 4:02PM EDT
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Previous Close11.49
Open11.53
Bid11.45 x 1300
Ask11.46 x 800
Day's Range11.37 - 11.57
52 Week Range9.29 - 14.79
Volume457,162
Avg. Volume556,890
Market Cap1.204B
Beta (3Y Monthly)1.16
PE Ratio (TTM)15.08
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.72 (6.27%)
Ex-Dividend Date2019-05-16
1y Target EstN/A
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All
News
Press Releases
  • PR Newswire8 days ago

    Summit Hotel Properties Announces Second Quarter 2019 Earnings Release Date

    AUSTIN, Texas , July 8, 2019 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the second quarter of 2019 on ...

  • PR Newswire2 months ago

    Summit Hotel Properties Reports First Quarter 2019 Results

    Net Income Increases to $9.2 million Pro Forma RevPAR Growth of 2.9% Adjusted FFO increases to $32.3 million , $0.31 per share; Adjusted EBITDAre of $46.7 million AUSTIN, Texas , May 1, 2019 /PRNewswire/ ...

  • PR Newswire3 months ago

    Summit Hotel Properties Declares First Quarter 2019 Dividends

    AUSTIN, Texas, April 29, 2019 /PRNewswire/ -- Summit Hotel Properties, Inc. (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, 2019, of $0.18 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 6.2 percent based on the closing price of shares of the common stock on April 26, 2019.

  • PR Newswire3 months ago

    Summit Hotel Properties Announces Sale Of Six Hotels For $135 Million

    The aggregate gross sales price of $135.0 million, plus estimated future capital improvements, represented a 12.8x EBITDA multiple and 6.9 percent capitalization rate for the trailing twelve months ended March 31, 2019. The Company estimates that the hotels would have contributed approximately $9.5 million of EBITDAre through the remainder of 2019. Net proceeds from the sale were used to reduce the outstanding balance of the Company's unsecured revolving credit facility, which now has $395.0 million available to borrow. 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 April 18, 2019, the Company's portfolio consisted of 69 hotels with a total of 10,714 guestrooms located in 24 states.

  • PR Newswire3 months ago

    Summit Hotel Properties Announces First Quarter 2019 Earnings Release Date

    AUSTIN, Texas , April 4, 2019 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the first quarter of 2019 on ...

  • PR Newswire4 months ago

    Hyatt House Across From Orlando Universal Resort™ Awarded Opening Hotel Performance Award by Hyatt

    AUSTIN, Texas , March 21, 2019 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that its newly-developed Hyatt House Across From Orlando Universal Resort™ ...

  • PR Newswire5 months ago

    Summit Hotel Properties Reports Fourth Quarter And Full Year 2018 Results

    Net Income of $71.0 million for 2018; Full Year 2018 Adjusted EBITDAre grows 9.1 percent to $196.5 million ; Adjusted FFO increases to $141.0 million , $1.35 per share for 2018; AUSTIN, Texas , Feb. 26, ...

  • PR Newswire5 months ago

    Summit Hotel Properties Announces 2019 Annual Meeting of Stockholders

    AUSTIN, Texas , Feb. 21, 2019 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that its 2019 Annual Meeting of Stockholders will be held Thursday, May ...

  • GlobeNewswire5 months ago

    Report: Developing Opportunities within United Technologies, Summit Hotel Properties, Immunomedics, PriceSmart, American Assets Trust, and Semtech — Future Expectations, Projections Moving into 2019

    NEW YORK, Feb. 06, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • PR Newswire5 months ago

    Summit Hotel Properties Declares Fourth Quarter 2018 Dividends

    AUSTIN, Texas, Feb. 1, 2019 /PRNewswire/ -- Summit Hotel Properties, Inc. (INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the fourth quarter ended December 31, 2018, of $0.18 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 fourth quarter common dividend represents an annualized dividend yield of 6.4 percent based on the closing price of shares of the common stock on January 31, 2019.

  • PR Newswire6 months ago

    Summit Hotel Properties Announces Fourth Quarter And Full Year 2018 Earnings Release Date

    AUSTIN, Texas , Jan. 8, 2019 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the fourth quarter and full year ...

  • PR Newswire7 months ago

    Summit Hotel Properties Closes Expanded $600 Million Unsecured Credit Facility

    AUSTIN, Texas, Dec. 10, 2018 /PRNewswire/ -- Summit Hotel Properties, Inc. (INN) (the "Company") today announced that it had successfully closed on a new $600 million unsecured credit facility. The increased credit facility is comprised of a $400 million unsecured revolving line of credit and a $200 million unsecured term loan and replaces the Company's existing $450 million unsecured credit facility.

  • GlobeNewswire8 months ago

    Analysis: Positioning to Benefit within RE/MAX, New Residential Investment, General Motors, Summit Hotel Properties, CorEnergy Infrastructure Trust, and Colgate-Palmolive — Research Highlights Growth, Revenue, and Consolidated Results

    NEW YORK, Nov. 06, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • PR Newswire9 months ago

    Summit Hotel Properties Reports Third Quarter 2018 Results

    Net Income increases 88.0% to $34.2 million ; Adjusted FFO of $36.1 million , $0.35 per share; AUSTIN, Texas , Oct. 30, 2018 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), ...

  • PR Newswire9 months ago

    Summit Hotel Properties Declares Third Quarter 2018 Dividends

    AUSTIN, Texas, Oct. 26, 2018 /PRNewswire/ -- Summit Hotel Properties, Inc. (INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the third quarter ended September 30, 2018, of $0.18 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 third quarter common dividend represents an annualized dividend yield of 6.3 percent based on the closing price of shares of the common stock on October 25, 2018.

  • PR Newswire9 months ago

    Summit Hotel Properties Announces Third Quarter 2018 Earnings Release Date

    AUSTIN, Texas , Oct. 8, 2018 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the third quarter of 2018 on Tuesday, ...

  • PR Newswire9 months ago

    Summit Hotel Properties Acquires Residence Inn by Marriott Boston Watertown

    AUSTIN, Texas, Oct. 1, 2018 /PRNewswire/ -- Summit Hotel Properties, Inc. (INN) (the "Company") reported today that it has completed the acquisition of the 150-guestroom Residence Inn by Marriott Boston Watertown and the previously announced sale of the 148-guestroom Hyatt Place Fort Myers/at the Forum.

  • PR Newswire11 months ago

    Summit Hotel Properties Reports Second Quarter 2018 Results

    Net Income increases to $33.9 million Adjusted EBITDAre increases 17.9 percent to $55.2 million Adjusted FFO per share increases 10.0 percent to $0.40 per share Continued progress on capital recycling ...

  • PR Newswirelast year

    Summit Hotel Properties Declares Second Quarter 2018 Dividends

    AUSTIN, Texas, July 30, 2018 /PRNewswire/ -- Summit Hotel Properties, Inc. (INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the second quarter ended June 30, 2018, of $0.18 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 second quarter common dividend represents an annualized dividend yield of 5.3 percent based on the closing price of shares of the common stock on July 27, 2018.

  • ACCESSWIRElast year

    Today's Free Research Reports Coverage on Invitation Homes and Three More Real Estate Development Stocks

    WallStEquities.com has issued research reports on four Real Estate Development stocks, particularly: Summit Hotel Properties Inc. (INN), Brookfield Asset Management Inc. (BAM), Brookfield Property Partners L.P. (BPY), and Invitation Homes Inc. (INVH). Last Friday, Summit Hotel Properties Inc.'s stock climbed slightly by 0.14%, to close the day at $14.32. The Company's shares have advanced 1.85% in the last month.