INN - Summit Hotel Properties, Inc.

NYSE - NYSE Delayed Price. Currency in USD
13.89
-0.30 (-2.11%)
At close: 4:02PM EST

13.89 0.00 (0.00%)
After hours: 4:47PM EST

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Previous Close14.19
Open13.98
Bid13.91 x 2000
Ask15.99 x 5000
Day's Range13.86 - 14.30
52 Week Range13.86 - 19.39
Volume747,386
Avg. Volume719,540
Market Cap1.453B
Beta1.39
PE Ratio (TTM)16.67
EPS (TTM)0.83
Earnings DateFeb 21, 2018
Forward Dividend & Yield0.72 (4.99%)
Ex-Dividend Date2017-11-15
1y Target Est16.56
Trade prices are not sourced from all markets
  • Crowdfund a downpayment for a home
    Yahoo Finance Video4 months ago

    Crowdfund a downpayment for a home

    A down payment is the largest hurdle when it comes to buying a home. However, a brand new platform is making it easier for people to raise donations from family and friends, to make home-ownership a reality. Yahoo Finance's Melody Hahm talks to Chris George of HomeFundMe to find out exactly how the site works.

  • PR Newswire2 hours ago

    Summit Hotel Properties Reports Fourth Quarter And Full Year 2017 Results

    Net Income of $79.2 million for 2017; Pro Forma RevPAR grows 5.5 percent in fourth quarter; Adjusted FFO increases 8.4 percent to $134.1 million , $1.34 per share for 2017; Common Dividend increased 5.9 ...

  • Benzinga7 hours ago

    Summit Hotel Properties Q4 Earnings Outlook

    Don't be caught off-guard: Summit Hotel Properties (NYSE: INN ) releases its next round of earnings Wednesday. Want to skip the homework and get all the facts in one place? We thought so. Here is your ...

  • PR Newswireyesterday

    Summit Hotel Properties Announces 2018 Annual Meeting of Shareholders

    AUSTIN, Texas , Feb. 20, 2018 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that its 2018 Annual Meeting of Shareholders will be held Thursday, May ...

  • See what the IHS Markit Score report has to say about Summit Hotel Properties Inc.
    Markit13 days ago

    See what the IHS Markit Score report has to say about Summit Hotel Properties Inc.

    Short interest is low for INN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ETFs that hold INN had net inflows of $670 million over the last one-month.

  • PR Newswire16 days ago

    Summit Hotel Properties Announces the Redemption of 7.125% Series C Cumulative Redeemable Preferred Stock

    AUSTIN, Texas, Feb. 5, 2018 /PRNewswire/ -- Summit Hotel Properties, Inc. (INN) (the "Company"), today provided notice to holders of record (the "Notice of Redemption") of the Company's 7.125% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock") of the redemption of all 3,400,000 shares of the issued and outstanding Series C Preferred Stock.  The cash redemption amount (the "Redemption Amount") for each share of Series C Preferred Stock is $25.00, plus an amount equal to all accrued and unpaid dividends to, but not including, the redemption date of March 20, 2018 (the "Redemption Date"), in an amount equal to $0.09401 per share.  The Redemption Amount will be payable in cash, without interest on the Redemption Date.

  • PR Newswire16 days ago

    Summit Hotel Properties Increases Common Dividend By 6% And Declares Fourth Quarter 2017 Dividends

    AUSTIN, Texas, Feb. 5, 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 fourth quarter ended December 31, 2017, 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 increase of $0.01 per share, or 5.9 percent, over the prior quarter's common dividend and an annualized dividend yield of 4.7 percent based on the closing price of shares of the common stock on February 2, 2018.

  • GlobeNewswire23 days ago

    Market Trends Toward New Normal in Bonanza Creek Energy, Armada Hoffler Properties, Bioptix, Summit Hotel Properties, Quality Care Properties, and Monmouth Real Estate Investment — Emerging Consolidated Expectations, Analyst Ratings

    NEW YORK, Jan. 29, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Bonanza ...

  • PR Newswirelast month

    Summit Hotel Properties Announces Fourth Quarter 2017 Earnings Release Date

    AUSTIN, Texas , Jan. 22, 2018 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the fourth quarter and full fiscal ...

  • Is Summit Hotel (INN) a Great Stock for Value Investors?
    Zacks2 months ago

    Is Summit Hotel (INN) a Great Stock for Value Investors?

    Summit Hotel (INN) appears to be a good choice for value investors right now, given its favorable P/E and P/CF metrics.

  • See what the IHS Markit Score report has to say about Summit Hotel Properties Inc.
    Markit2 months ago

    See what the IHS Markit Score report has to say about Summit Hotel Properties Inc.

    Summit Hotel Properties Inc NYSE:INN

  • PR Newswire3 months ago

    Summit Hotel Properties Declares 6.25% Series E Preferred Stock Dividend

    AUSTIN, Texas, Dec. 4, 2017 /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 of $0.06944 per share of the Company's 6.25% Series E Cumulative Redeemable Preferred Stock for the partial dividend period ended on November 30, 2017. 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 December 4, 2017, the Company's portfolio consisted of 83 hotels with a total of 12,242 guestrooms located in 26 states. For additional information, please visit the Company's website at www.shpreit.com and follow the Company on Twitter at @SummitHotel_INN.

  • See what the IHS Markit Score report has to say about Summit Hotel Properties Inc.
    Markit3 months ago

    See what the IHS Markit Score report has to say about Summit Hotel Properties Inc.

    Short interest is low for INN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The net inflows of $3.28 billion over the last one-month into ETFs that hold INN are not among the highest of the last year and have been slowing.

  • PR Newswire3 months ago

    Summit Hotel Properties Completes $164 Million, 4-Hotel Portfolio Acquisition

    AUSTIN, Texas, Nov. 27, 2017 /PRNewswire/ -- Summit Hotel Properties, Inc. (INN) (the "Company") today announced that it has completed the acquisition of four hotels with a combined total of 652 guestrooms for an aggregate purchase price of $164 million, or approximately $252,000 per key.  The portfolio includes the 207-guestroom Courtyard New Haven at Yale, the 148-guestroom Hilton Garden Inn Boston/Waltham, the 175-guestroom Residence Inn Cleveland Downtown, and the 122-guestroom Homewood Suites by Hilton Tucson/St. Philip's Plaza University.  The agreements to acquire the portfolio were previously announced on November 13, 2017. Adjacent to Yale University in a prime location, the Courtyard New Haven at Yale is a unique opportunity to acquire the only Marriott-branded hotel within nearly ten miles of downtown New Haven.  After undergoing a comprehensive renovation of all public spaces and guestrooms in 2016 and with the city of New Haven's strict zoning and design requirements, the Company expects the hotel to benefit from very limited new supply and continue to be a market leader.  Other demand generators and local attractions include the Yale-New Haven Hospital, Smilow Cancer Center, Yale Peabody Museum, Lighthouse Point Park, and the Knights of Columbus Museum.

  • Summit Hotel Properties, Inc. : INN-US: Dividend Analysis : November 16th, 2017 (record date) : By the numbers : November 16, 2017
    Capital Cube3 months ago

    Summit Hotel Properties, Inc. : INN-US: Dividend Analysis : November 16th, 2017 (record date) : By the numbers : November 16, 2017

    Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Summit Hotel Properties, Inc. with the following peers – Chesapeake Lodging Trust, LaSalle Hotel Properties, RLJ Lodging Trust, DiamondRock Hospitality Company, Hersha Hospitality Trust Class A, Pebblebrook Hotel Trust, Sotherly Hotels Inc., Condor Hospitality Trust, Inc. and Hospitality Properties Trust (CHSP-US, LHO-US, RLJ-US, DRH-US, HT-US, ... Read more (Read more...)

  • PR Newswire3 months ago

    Summit Hotel Properties Announces Agreements to Acquire Four Hotels for $164 Million

    AUSTIN, Texas, Nov. 13, 2017 /PRNewswire/ -- Summit Hotel Properties, Inc. (INN) ("Summit" or the "Company") today announced that it has entered into definitive agreements to acquire four hotels totaling 652 guestrooms for an aggregate purchase price of $164 million, or approximately $252,000 per key. The portfolio includes the 207-guestroom Courtyard New Haven at Yale, the 148-guestroom Hilton Garden Inn Boston/Waltham, the 175-guestroom Residence Inn Cleveland Downtown, and the 122-guestroom Homewood Suites by Hilton Tucson/St. Philip's Plaza University. The aggregate purchase price represents a 12.1x multiple on the hotels' combined trailing twelve-month EBITDA as of September 2017, and the portfolio achieved RevPAR of $124 during that same period. "We are thrilled with the opportunity to acquire this portfolio of four exceptionally well-located hotels where we see considerable long-term value.

  • PR Newswire3 months ago

    Summit Hotel Properties Announces CFO Succession Plan

    AUSTIN, Texas, Nov. 13, 2017 /PRNewswire/ -- Summit Hotel Properties, Inc. (INN) ("Summit" or the "Company") today announced that Gregory A. Dowell, its EVP and Chief Financial Officer, plans to retire from the Company on March 31, 2018.  Mr. Dowell has been with Summit for over three years and has led the Company's finance and accounting functions through periods of substantial growth and improvement.  He has played a key role in the long-term succession planning for the Company and will continue to work closely with his successor during the upcoming transition period. Jonathan P. Stanner, EVP and Chief Investment Officer, will succeed Mr. Dowell as EVP and Chief Financial Officer, effective March 31, 2018.  Mr. Stanner joined the Company in April 2017 and has become an integral member of the management team.  Prior to joining Summit, he held various positions at Strategic Hotels and Resorts, including the role of CFO.  Mr. Stanner will continue to oversee the Company's investment activities following the transition.

  • See what the IHS Markit Score report has to say about Summit Hotel Properties Inc.
    Markit3 months ago

    See what the IHS Markit Score report has to say about Summit Hotel Properties Inc.

    Summit Hotel Properties Inc NYSE:INN

  • See what the IHS Markit Score report has to say about Summit Hotel Properties Inc.
    Markit3 months ago

    See what the IHS Markit Score report has to say about Summit Hotel Properties Inc.

    Short interest is low for INN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The net inflows of $3.37 billion over the last one-month into ETFs that hold INN are not among the highest of the last year and have been slowing.

  • Summit Hotel Properties, Inc. breached its 50 day moving average in a Bullish Manner : INN-US : November 9, 2017
    Capital Cube3 months ago

    Summit Hotel Properties, Inc. breached its 50 day moving average in a Bullish Manner : INN-US : November 9, 2017

    Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Summit Hotel Properties, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average ... Read more (Read more...)

  • PR Newswire4 months ago

    Summit Hotel Properties Announces the Redemption of 7.875% Series B Cumulative Redeemable Preferred Stock

    AUSTIN, Texas, Nov. 3, 2017 /PRNewswire/ -- Summit Hotel Properties, Inc. (INN) (the "Company"), today provided notice to holders of record (the "Notice of Redemption") of the Company's 7.875% Series B Cumulative Redeemable Preferred Stock (the "Series B Preferred Stock") of the redemption of all 3,000,000 shares of the issued and outstanding Series B Preferred Stock.  The cash redemption amount (the "Redemption Amount") for each share of Series B Preferred Stock is $25.00, plus an amount equal to all accrued and unpaid dividends to, but not including, the redemption date of December 11, 2017 (the "Redemption Date"), in an amount equal to $0.05469 per share.  The Redemption Amount will be payable in cash, without interest on the Redemption Date.

  • PR Newswire4 months ago

    Summit Hotel Properties Prices Public Offering Of 6.25% Series E Cumulative Redeemable Preferred Stock

    AUSTIN, Texas, Nov. 2, 2017 /PRNewswire/ -- Summit Hotel Properties, Inc. (INN) (the "Company") announced today that it has priced an underwritten public offering of 6,400,000 shares of its 6.25% Series E Cumulative Redeemable Preferred Stock (the "Series E Preferred Stock") at a public offering price of $25.00 per share, for gross proceeds of $160 million.  The offering is expected to close on November 13, 2017, subject to customary closing conditions. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Robert W. Baird & Co. Incorporated, Raymond James & Associates, Inc. and RBC Capital Markets, LLC are acting as joint book-running managers for the offering.  The senior co-managers for the offering are Deutsche Bank Securities Inc., Jefferies LLC and KeyBanc Capital Markets Inc.  BB&T Capital Markets, a division of BB&T Securities, LLC, Capital One Securities, Inc. and U.S. Bancorp Investments, Inc. are acting as co-managers.

  • PR Newswire4 months ago

    Summit Hotel Properties Reports Third Quarter 2017 Results

    Net Income of $18.2 million ; Adjusted FFO climbs 13.6 percent to $36.7 million , $0.35 per share; Pro Forma RevPAR increases 1.2 percent AUSTIN, Texas , Oct. 30, 2017 /PRNewswire/ -- Summit Hotel Properties, ...

  • PR Newswire4 months ago

    Summit Hotel Properties Declares Third Quarter 2017 Dividends

    AUSTIN, Texas, Oct. 30, 2017 /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, 2017, of $0.17 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 4.3 percent based on the closing price of shares of the common stock on October 27, 2017.