|Bid||11.13 x 800|
|Ask||11.14 x 900|
|Day's Range||11.07 - 11.24|
|52 Week Range||9.29 - 14.09|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||12.72|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||0.72 (6.43%)|
|1y Target Est||12.71|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Summit Hotel...
Zacks.com featured highlights include: Universal Forest, Rocky Brands, Triple-S, Rush, Sinopec, Summit and Principal Financial
Summit Hotel Properties (INN) delivered FFO and revenue surprises of 2.78% and 0.53%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Net Income Increases to $45.2 million ; Adjusted EBITDAre of $52.4 million ; Adjusted FFO per share of $0.37 Initial GIC Joint Venture Acquisition Announced AUSTIN, Texas , July 31, 2019 /PRNewswire/ -- ...
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
AUSTIN, Texas, July 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 second quarter ended June 30, 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 second quarter common dividend represents an annualized dividend yield of 6.3 percent based on the closing price of shares of the common stock on July 26, 2019.
Could Summit Hotel Properties, Inc. (NYSE:INN) be an attractive dividend share to own for the long haul? Investors are...
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 ...
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]
Summit Hotel Properties, Inc. (NYSE:INN), which is in the reits business, and is based in United States, saw...
Summit Hotel Properties Inc NYSE:INNView full report here! Summary * Bearish sentiment is moderate * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NeutralShort interest is moderate for INN with between 5 and 10% of shares outstanding currently 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. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold INN had net inflows of $613 million over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of December 31st. In this article, we look at what those funds think of Summit Hotel Properties Inc (NYSE:INN) based on […]
Summit Hotel Properties (INN) delivered FFO and revenue surprises of 6.90% and 2.22%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
AUSTIN, Texas (AP) _ Summit Hotel Properties Inc. (INN) on Wednesday reported a key measure of profitability in its first quarter. The real estate investment trust, based in Austin, Texas, said it had funds from operations of $32.3 million, or 31 cents per share, in the period. The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 29 cents per share.
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/ ...
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.
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.