INN

Summit Hotel Properties, Inc. [INN] Stock Forecast

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INN


In the News

05:00 29 Mar 2024 INN

SUMMIT HOTEL PROPERTIES ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE DATE

AUSTIN, Texas , March 26, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the first quarter of 2024 on Wednesday, May 1, 2024, after the market closes. The Company will conduct its quarterly conference call on Thursday, May 2, 2024, at 9:00 AM ET.

10:30 29 Mar 2024 INN

Summit Hotel Properties Offers 7.4% On Its Preferred Shares

Summit Hotel Properties' full-year results show decent performance and well-covered preferred dividends. INN's outlook for 2024 is encouraging, with expected higher AFFO and lower capex. The asset coverage ratio is okay, but there is in excess of $650M in common equity junior to the preferred shares.

08:00 29 Mar 2024 INN

Picking A Winner In Hotel REITs

Hotel REITs experienced a significant drop in share value during the COVID-19 pandemic but have since recovered and outperformed the Vanguard Real Estate ETF. Consumer spending is shifting towards services like travel and leisure, which bodes well for Hotel REITs. Hotel REITs have posted the fourth-best total returns among REIT sectors in 2024, indicating their potential for future growth.

08:01 29 Mar 2024 INN

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

The headline numbers for Summit Hotel Properties (INN) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

10:20 29 Mar 2024 INN

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

Evaluate the expected performance of Summit Hotel Properties (INN) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

10:46 29 Mar 2024 INN

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.

08:36 29 Mar 2024 INN

Pick These 5 Bargain Stocks With Enticing EV-to-EBITDA Ratios

We have screened bargain stocks FRBA, CX, CMRE, ASX and INN based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

05:30 29 Mar 2024 INN

SUMMIT HOTEL PROPERTIES ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 EARNINGS RELEASE DATE

AUSTIN, Texas , Jan. 4, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the fourth quarter and full year of 2023 on Wednesday, February 28, 2024, after the market closes. The Company will conduct its quarterly conference call on Thursday, February 29, 2024, at 9:00 AM ET.

11:17 29 Mar 2024 INN

Is Summit Hotel Properties (INN) Stock Undervalued 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.

10:29 29 Mar 2024 INN

Summit Hotel: Collect 8.4% Yield On The Preferred Stock

Summit Hotel Properties stock currently trades well below its normal valuation and provides a well-covered dividend. Its efficient operating model has enabled it to achieve a faster growth ramp than the industry average. Income investors seeking a higher yield may want to consider the preferred stock, which trades at a discount to par value and yields over 8%.

INN Financial details

Company Rating
Neutral
Market Cap
678.91M
Income
-10.86M
Revenue
736.13M
Book val./share
8.62
Cash/share
0.45
Dividend
0.22
Dividend %
3.32%
Employees
78
Optionable
No
Shortable
Yes
Earnings
01 May 2024
P/E
-63.62
Forward P/E
-26.04
PEG
0.78
P/S
1.11
P/B
0.74
P/C
14.47
P/FCF
5.18
Quick Ratio
29.38
Current Ratio
1.01
Debt / Equity
1.57
LT Debt / Equity
1.01
-
-
EPS (TTM)
-0.1
EPS next Y
-0.25
EPS next Q
-0.07
EPS this Y
-746.76%
EPS next Y
150.75%
EPS next 5Y
150.75%
EPS last 5Y
NAN%
Revenue last 5Y
6.03%
Revenue Q/Q
-2.41%
EPS Q/Q
1328.57%
-
-
-
-
SMA20
-14.29%
SMA50
-14.29%
SMA100
-
Inst Own
80.28%
Inst Trans
0.83%
ROA
-
ROE
-1%
ROC
0.03%
Gross Margin
38%
Oper. Margin
10%
Profit Margin
-2%
Payout
-393%
Shs Outstand
107.59M
Shs Float
104.07M
-
-
-
-
Target Price
-
52W Range
5.31-7.26
52W High
-7%
52W Low
+30.2%
RSI
56
Rel Volume
0.81
Avg Volume
784.64K
Volume
635.66K
Perf Week
0.31%
Perf Month
0.31%
Perf Quarter
11.86%
Perf Half Y
18.58%
-
-
-
-
Beta
1.955
-
-
Volatility
0.09%, 0.12%
Prev Close
0%
Price
6.51
Change
0.46%

INN Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric History 2019-12-312020-12-312021-12-312022-12-31 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
5.292.253.466.436.97
Net income per share
0.8-1.43-0.660.01-0.09
Operating cash flow per share
1.43-0.40.631.611.46
Free cash flow per share
0.86-0.620.440.890.61
Cash per share
0.410.20.6227.050.45
Book value per share
11.39.499.079.138.63
Tangible book value per share
11.869.9910.4913.4912.85
Share holders equity per share
11.39.499.079.138.63
Interest debt per share
14.3615.8814.1116.7214.49
Market cap
1.28B938.31M1.02B759.13M709.28M
Enterprise value
2.28B2.03B2.04B2.4B2.12B
P/E ratio
15.52-6.29-14.87517.82-74.75
Price to sales ratio
2.3342.821.120.96
POCF ratio
8.63-22.3115.444.484.62
PFCF ratio
14.37-14.5122.318.1511.07
P/B Ratio
1.090.951.080.790.78
PTB ratio
1.090.951.080.790.78
EV to sales
4.148.665.643.552.88
Enterprise value over EBITDA
12.54297.5522.6511.359.34
EV to operating cash flow
15.33-48.2930.9214.1513.79
EV to free cash flow
25.51-31.444.6925.7733.06
Earnings yield
0.06-0.16-0.070-0.01
Free cash flow yield
0.07-0.070.040.120.09
Debt to equity
1.241.631.511.761.57
Debt to assets
0.620.720.630.560.49
Net debt to EBITDA
5.48160.0711.347.766.21
Current ratio
1.611.251.931.960.53
Interest coverage
2-2.37-0.361.030.77
Income quality
1.80.28-0.96139.37-16.19
Dividend Yield
0.070.040.020.040.06
Payout ratio
1.1-0.23-0.2319.36-4.82
Sales general and administrative to revenue
0.070.120.110.070.07
Research and developement to revenue
00000
Intangibles to total assets
00.0100.010.01
Capex to operating cash flow
-0.40.54-0.31-0.45-0.58
Capex to revenue
-0.11-0.1-0.06-0.11-0.12
Capex to depreciation
-0.6-0.21-0.19-0.51-0.59
Stock based compensation to revenue
0.010.030.030.010.01
Graham number
14.2217.511.581.694.18
ROIC
0.03-0.04-0.010.010.04
Return on tangible assets
0.04-0.07-0.0300
Graham Net
-9.82-10.76-10.112.74-14.01
Working capital
46.79M16.78M65.66M82.96M-134.52M
Tangible asset value
1.23B1.04B1.1B1.42B1.36B
Net current asset value
-988.97M-1.1B-1.02B-1.39B-1.39B
Invested capital
1.241.631.511.761.57
Average receivables
44.45M39.84M24.97M17.75M21.18M
Average payables
5.08M3.72M3.57M4.99M5.17M
Average inventory
34.83M29.65M39.9M71.59M44.56M
Days sales outstanding
29.3855.2114.611.3510.59
Days payables outstanding
5.224.876.664.82.8
Days of inventory on hand
36.7646.8980.6577.50
Receivables turnover
12.426.612532.1534.48
Payables turnover
69.974.9454.8276.09130.31
Inventory turnover
9.937.784.534.710
ROE
0.07-0.15-0.070-0.01
Capex per share
-0.57-0.22-0.19-0.73-0.85

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric History 2022-12-312023-03-312023-06-302023-09-30 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
1.641.731.841.721.68
Net income per share
-0.11-0.020.04-0.01-0.11
Operating cash flow per share
0.320.30.450.420.29
Free cash flow per share
0.060.080.270.230.04
Cash per share
0.6526.9427.6127.320.45
Book value per share
9.128.988.998.928.62
Tangible book value per share
13.4813.3213.4713.312.84
Share holders equity per share
9.128.988.998.928.62
Interest debt per share
16.2714.3814.214.1313.78
Market cap
759.8M737.18M687.21M612.77M710.08M
Enterprise value
2.4B2.17B2.11B2.03B2.12B
P/E ratio
-15.72-93.5544.37-188.2-14.86
Price to sales ratio
4.414.043.533.374
POCF ratio
22.3923.0314.6113.8923.3
PFCF ratio
121.8293.124.3325.56181.1
P/B Ratio
0.790.780.720.650.78
PTB ratio
0.790.780.720.650.78
EV to sales
13.9311.910.8311.1611.94
Enterprise value over EBITDA
44.0139.1933.9636.5438.03
EV to operating cash flow
70.7567.844.7645.9869.53
EV to free cash flow
384.93274.0574.5684.6540.38
Earnings yield
-0.0200.010-0.02
Free cash flow yield
0.010.010.040.040.01
Debt to equity
1.761.581.561.561.57
Debt to assets
0.560.490.490.490.49
Net debt to EBITDA
30.0825.8722.8825.525.29
Current ratio
1.961.911.010.53
Interest coverage
0.870.871.050.750.67
Income quality
-2.81-16.2552.86-7.65-2.55
Dividend Yield
0.010.010.020.020.02
Payout ratio
-0.79-4.843.13-14.71-1.02
Sales general and administrative to revenue
0.070.070.070.070.07
Research and developement to revenue
00000
Intangibles to total assets
0.010.010.010.010.01
Capex to operating cash flow
-0.82-0.75-0.4-0.46-0.87
Capex to revenue
-0.16-0.13-0.1-0.11-0.15
Capex to depreciation
-0.73-0.65-0.5-0.53-0.69
Stock based compensation to revenue
0.010.010.010.010.01
Graham number
4.851.942.721.244.68
ROIC
0.010.010.010.010.01
Return on tangible assets
00000
Graham Net
-13.641212.7712.51-13.99
Working capital
82.96M83.11M-84K858K-134.52M
Tangible asset value
1.42B1.4B1.42B1.41B1.36B
Net current asset value
-1.39B-1.41B-1.48B-1.47B-1.39B
Invested capital
1.761.581.561.561.57
Average receivables
22.26M22.54M23.09M23.16M22.78M
Average payables
5.71M5.49M5.47M6.18M5.85M
Average inventory
54.09M38.34M-17.94M-25.25M-13.53M
Days sales outstanding
10.9811.8810.2311.9810.83
Days payables outstanding
4.694.284.155.372.82
Days of inventory on hand
75.69-9.77-17.74-21.110
Receivables turnover
8.27.588.87.518.31
Payables turnover
19.2121.0121.716.7731.86
Inventory turnover
1.19-9.21-5.07-4.260
ROE
-0.01000-0.01
Capex per share
-0.26-0.23-0.18-0.19-0.25

INN Frequently Asked Questions

What is Summit Hotel Properties, Inc. stock symbol ?

Summit Hotel Properties, Inc. is a US stock , located in Austin of Tx and trading under the symbol INN

What is Summit Hotel Properties, Inc. stock quote today ?

Summit Hotel Properties, Inc. stock price is $6.51 today.

Is Summit Hotel Properties, Inc. stock public?

Yes, Summit Hotel Properties, Inc. is a publicly traded company.

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