INN

Summit Hotel Properties

3.92 USD
+0.06
1.55%
At close Apr 17, 4:00 PM EDT
1 day
1.55%
5 days
-2.73%
1 month
-32.18%
3 months
-41.23%
6 months
-40.43%
Year to date
-42.01%
1 year
-36.47%
5 years
-20.00%
10 years
-69.92%
 

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 7,407 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 5 articles about INN published over the past 30 days

Positive
Benzinga
3 days 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
2 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
2 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
2 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
3 weeks 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
Neutral
Zacks Investment Research
1 month ago
INN or NHI: Which Is the Better Value Stock Right Now?
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Summit Hotel Properties (INN) and National Health Investors (NHI). But which of these two stocks offers value investors a better bang for their buck right now?
INN or NHI: Which Is the Better Value Stock Right Now?
Positive
Zacks Investment Research
1 month ago
Are Investors Undervaluing Summit Hotel Properties (INN) Right Now?
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.
Are Investors Undervaluing Summit Hotel Properties (INN) Right Now?
Positive
Zacks Investment Research
1 month ago
INN vs. GLPI: Which Stock Is the Better Value Option?
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Summit Hotel Properties (INN) and Gaming and Leisure Properties (GLPI). But which of these two stocks presents investors with the better value opportunity right now?
INN vs. GLPI: Which Stock Is the Better Value Option?
Positive
Zacks Investment Research
1 month ago
Should Value Investors Buy Summit Hotel Properties (INN) Stock?
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.
Should Value Investors Buy Summit Hotel Properties (INN) Stock?
Neutral
Seeking Alpha
1 month ago
Summit Hotel Properties, Inc. (INN) Q4 2024 Earnings Call Transcript
Summit Hotel Properties, Inc. (NYSE:INN ) Q4 2024 Earnings Call Transcript February 25, 2025 9:00 AM ET Company Participants Jon Stanner - President, CEO & Director Trey Conkling - Executive VP & CFO Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Dany Assad - Bank of America Michael Bellisario - Baird Chris Woronka - Deutsche Bank RJ Milligan - Raymond James Operator Welcome to the Summit Hotel Properties 2024 Fourth Quarter and Full Year Earnings Conference Call. I will now be passing the line to Kevin Malota, Senior Vice President of Corporate Finance.
Summit Hotel Properties, Inc. (INN) Q4 2024 Earnings Call Transcript
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