6.18

1.81% +0.11

Summit Hotel Properties Inc (INN)

Overview News Price History Option Chain Discussions Forecast Dividend History

Summit Hotel Properties Inc stock is currently priced at $6.18, with a 24-hour trading volume of 746.32K. It has seen a +1.81% increased in the last 24 hours and a -2.83% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $6.06 pivot point. If it approaches the $6.22 resistance level, significant changes may occur.

Previous Close:

$6.07

Open:

$6.37

24h Volume:

746.32K

Market Cap:

$664.93M

Revenue:

$736.13M

Net Income/Loss:

$-9.49M

P/E Ratio:

-35.33

EPS:

-0.1749

Net Cash Flow:

$153.64M

1W Performance:

+1.81%

1M Performance:

-2.83%

6M Performance:

+0.65%

1Y Performance:

-4.63%

1D Range:

$6.045

$6.44

52W Range:

$5.31

$7.26

Summit Hotel Properties Inc Stock (INN) Company Profile

Name

Summit Hotel Properties Inc

Sector

Real Estate (268)

Industry

REIT - Hotel & Motel (4)

Phone

512-538-2300

Address

13215 Bee Cave Parkway, Suite B-300, Austin

Employee

Twitter

@SummitHotel_INN

Next Earnings Date

2024-05-22

Latest SEC Filings

INN's Discussions on Twitter

Summit Hotel Properties Inc Stock (INN) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jan-10-24	Initiated	Wolfe Research	Peer Perform
Jan-12-23	Downgrade	Robert W. Baird	Outperform → Neutral
Sep-15-22	Downgrade	CapitalOne	Overweight → Equal Weight
Jul-14-22	Downgrade	KeyBanc Capital Markets	Overweight → Sector Weight
Sep-27-21	Downgrade	BofA Securities	Buy → Underperform
Jun-01-20	Upgrade	BofA/Merrill	Underperform → Buy
Jan-13-20	Upgrade	CapitalOne	Equal Weight → Overweight
Jun-25-19	Initiated	CapitalOne	Equal Weight
Jan-07-19	Downgrade	BofA/Merrill	Neutral → Underperform
Oct-23-18	Downgrade	BofA/Merrill	Buy → Neutral
Apr-12-18	Upgrade	BofA/Merrill	Underperform → Buy
Nov-20-17	Downgrade	Janney	Buy → Neutral
Oct-30-17	Upgrade	Raymond James	Mkt Perform → Outperform
Sep-26-17	Upgrade	KeyBanc Capital Mkts	Sector Weight → Overweight
Aug-14-17	Downgrade	BofA/Merrill	Buy → Underperform
Jul-14-17	Downgrade	Raymond James	Outperform → Mkt Perform
May-25-17	Reiterated	Canaccord Genuity	Buy
Mar-03-17	Upgrade	BofA/Merrill	Underperform → Buy
Mar-01-16	Reiterated	RBC Capital Mkts	Outperform
Jan-08-16	Initiated	BB&T Capital Mkts	Buy
Jan-04-16	Reiterated	RBC Capital Mkts	Outperform
Aug-28-15	Upgrade	Robert W. Baird	Neutral → Outperform
Jul-21-15	Downgrade	BofA/Merrill	Neutral → Underperform
Jul-20-15	Downgrade	Robert W. Baird	Outperform → Neutral
Jul-14-15	Initiated	Canaccord Genuity	Buy

View All

Summit Hotel Properties Inc Stock (INN) Latest News

Associated Banc-Corp (ASB) Q1 Earnings Surpass Estimates

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Summit Hotel Properties (INN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

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Global Medical REIT (GMRE) Misses Q4 FFO and Revenue Estimates

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Innovative Industrial Properties (IIPR) Q4 FFO and Revenues Surpass Estimates

Zacks Investment Research

Gear Up for Summit Hotel Properties (INN) Q4 Earnings: Wall Street Estimates for Key Metrics

Zacks Investment Research

Hudson Pacific Properties (HPP) Lags Q4 FFO and Revenue Estimates

Zacks Investment Research

Summit Hotel Properties Inc Stock (INN) Financials Data

Summit Hotel Properties Inc (INN) Revenue 2024

INN reported a revenue (TTM) of $736.13 million for the quarter ending December 31, 2023, a +8.94% rise year-over-year.

Summit Hotel Properties Inc (INN) Net Income 2024

INN net income (TTM) was -$9.49 million for the quarter ending December 31, 2023, a -747.27% decrease year-over-year.

Summit Hotel Properties Inc (INN) Cash Flow 2024

INN recorded a free cash flow (TTM) of $153.64 million for the quarter ending December 31, 2023, a -9.42% decrease year-over-year.

Summit Hotel Properties Inc (INN) Earnings per Share 2024

INN earnings per share (TTM) was -$0.27 for the quarter ending December 31, 2023, a -63.74% decline year-over-year.

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 October 30, 2018, the Company's portfolio consisted of 77 hotels with a total of 11,659 guestrooms located in 26 states.