Summit Hotel Properties Inc's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 97/195 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 6.12.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Summit Hotel Properties Inc's Score
Industry at a Glance
Industry Ranking
97 / 195
Overall Ranking
193 / 4563
Industry
Residential & Commercial REITs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Hold
Current Rating
6.125
Target Price
+28.68%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Summit Hotel Properties Inc Highlights
StrengthsRisks
Summit Hotel Properties, Inc. is a real estate investment trust. The Company is focused on owning premium-branded lodging facilities with operating models primarily in the upscale segment of the lodging industry. Its portfolio consists of over 97 assets, 53 of which are wholly owned, with a total of 14,577 guestrooms located in 25 states. Its lodging properties are located in markets with multiple demand generators, such as corporate offices and headquarters, retail centers, airports, state capitols, convention centers, universities, and leisure attractions. Its guestrooms operate under franchise brands owned by Marriott International, Inc. (Marriott), Hilton Worldwide (Hilton), Hyatt Hotels Corporation (Hyatt), and InterContinental Hotels Group (IHG). It holds both general and limited partnership interests in Summit Hotel OP, LP (the Operating Partnership). Substantially, all of its assets are held by, and all of its operations are conducted through, the Operating Partnership.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 130.21%.
Fairly Valued
The company’s latest PE is -30.71, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 107.53M shares, increasing 0.14% quarter-over-quarter.
Summit Hotel Properties, Inc. is a real estate investment trust. The Company is focused on owning premium-branded lodging facilities with operating models primarily in the upscale segment of the lodging industry. Its portfolio consists of over 97 assets, 53 of which are wholly owned, with a total of 14,577 guestrooms located in 25 states. Its lodging properties are located in markets with multiple demand generators, such as corporate offices and headquarters, retail centers, airports, state capitols, convention centers, universities, and leisure attractions. Its guestrooms operate under franchise brands owned by Marriott International, Inc. (Marriott), Hilton Worldwide (Hilton), Hyatt Hotels Corporation (Hyatt), and InterContinental Hotels Group (IHG). It holds both general and limited partnership interests in Summit Hotel OP, LP (the Operating Partnership). Substantially, all of its assets are held by, and all of its operations are conducted through, the Operating Partnership.
Ticker SymbolINN
CompanySummit Hotel Properties Inc
CEOStanner (Jonathan P)
Websitehttps://www.shpreit.com/
FAQs
What is the current price of Summit Hotel Properties Inc (INN)?
The current price of Summit Hotel Properties Inc (INN) is 4.865.
What is the symbol of Summit Hotel Properties Inc?
The ticker symbol of Summit Hotel Properties Inc is INN.
What is the 52-week high of Summit Hotel Properties Inc?
The 52-week high of Summit Hotel Properties Inc is 6.985.
What is the 52-week low of Summit Hotel Properties Inc?
The 52-week low of Summit Hotel Properties Inc is 3.570.
What is the market capitalization of Summit Hotel Properties Inc?
The market capitalization of Summit Hotel Properties Inc is 529.33M.
What is the net income of Summit Hotel Properties Inc?
The net income of Summit Hotel Properties Inc is 24.83M.
Is Summit Hotel Properties Inc (INN) currently rated as Buy, Hold, or Sell?
According to analysts, Summit Hotel Properties Inc (INN) has an overall rating of Hold, with a price target of 6.125.
What is the Earnings Per Share (EPS TTM) of Summit Hotel Properties Inc (INN)?
The Earnings Per Share (EPS TTM) of Summit Hotel Properties Inc (INN) is -0.159.