How to buy Summit Hotel Properties stock (INN)

Summit Hotel Properties is a reit - hotel & motel business based in the US. Summit Hotel Properties shares (INN) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $6.89 – an increase of 3.45% over the previous week. Summit Hotel Properties employs 78 staff and has a trailing 12-month revenue of around $736.3 million.

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Summit Hotel Properties stock price (NYSE: INN)

Use our graph to track the performance of INN stocks over time.

Summit Hotel Properties shares at a glance

• Key figures

Information last updated 2024-12-18.

Latest market close	$6.89
52-week range	$5.52 - $7.13
50-day moving average more info button	$6.49
200-day moving average more info button	$6.33
Wall St. target price	$7.63
PE ratio more info button	133.2
Dividend yield more info button	$0.28 (4.8%)
Earnings per share (TTM) more info button	$0.05

Is it a good time to buy Summit Hotel Properties stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Summit Hotel Properties price performance over time

Historical closes compared with the close of $6.81 from 2024-12-23

1 week (2024-12-18)	2.25%
1 month (2024-11-25)	3.34%
3 months (2024-09-25)	-0.44%
6 months (2024-06-25)	16.21%

1 year (2023-12-22)	2.25%
2 years (2022-12-23)	2.22%
3 years (2021-12-23)	8.919
5 years (2019-12-24)	10.9786

Is Summit Hotel Properties stock undervalued or overvalued?

Valuing Summit Hotel Properties stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Summit Hotel Properties's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Summit Hotel Properties's P/E ratio

Summit Hotel Properties's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 133x. In other words, Summit Hotel Properties shares trade at around 133x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Summit Hotel Properties's EBITDA

Summit Hotel Properties's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $235.7 million.

The EBITDA is a measure of a Summit Hotel Properties's overall financial performance and is widely used to measure a its profitability.

Summit Hotel Properties financials

Revenue TTM	$736.3 million
Operating margin TTM	8.9%
Gross profit TTM	$305.8 million
Return on assets TTM	1.8%
Return on equity TTM	1.18%
Profit margin	3.58%
Book value	$8.40
Market Capitalization more info button	$722.1 million

TTM: trailing 12 months

Summit Hotel Properties share dividends

Dividend payout ratio: 30% of net profits

Recently Summit Hotel Properties has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Summit Hotel Properties shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Summit Hotel Properties's case, that would currently equate to about $0.28 per share.

While Summit Hotel Properties's payout ratio might seem fairly standard, it's worth remembering that Summit Hotel Properties may be investing much of the rest of its net profits in future growth.

Summit Hotel Properties's most recent dividend payout was on 28 November 2024. The latest dividend was paid out to all shareholders who bought their shares by 14 November 2024 (the "ex-dividend date").

Summit Hotel Properties share price volatility

Over the last 12 months, Summit Hotel Properties's shares have ranged in value from as little as $5.52 up to $7.1285. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Summit Hotel Properties's is 2.054. This would suggest that Summit Hotel Properties's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Summit Hotel Properties overview

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded lodging properties with efficient operating models primarily in the upscale segment of the lodging industry. As of November 1, 2023, the Company's portfolio consisted of 101 assets, 57 of which are wholly owned, with a total of 15,035 guestrooms located in 24 states. .

Frequently asked questions

What percentage of Summit Hotel Properties is owned by insiders or institutions?
Currently 3.028% of Summit Hotel Properties shares are held by insiders and 94.271% by institutions. How many people work for Summit Hotel Properties?
Latest data suggests 78 work at Summit Hotel Properties. When does the fiscal year end for Summit Hotel Properties?
Summit Hotel Properties's fiscal year ends in December. Where is Summit Hotel Properties based?
Summit Hotel Properties's address is: 13215 Bee Cave Parkway, Austin, TX, United States, 78738-6723 What is Summit Hotel Properties's ISIN number?
Summit Hotel Properties's international securities identification number is: US8660821005 What is Summit Hotel Properties's CUSIP number?
Summit Hotel Properties's Committee on Uniform Securities Identification Procedures number is: 866082100