Summit Hotel Properties Inc. (INN)

13.89
0.30 2.11
NYSE : Finance
Prev Close 14.19
Open 13.98
Day Low/High 13.86 / 14.30
52 Wk Low/High 13.94 / 19.39
Volume 746.98K
Avg Volume 705.00K
Exchange NYSE
Shares Outstanding 104.23M
Market Cap 1.50B
EPS 1.00
P/E Ratio 17.60
Div & Yield 0.72 (4.66%)

Latest News

First Week of February 2018 Options Trading For Summit Hotel Properties (INN)

Investors in Summit Hotel Properties Inc saw new options begin trading this week, for the February 2018 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the INN options chain for the new February 2018 contracts and identified the following put contract of particular interest.

Short Interest In Summit Hotel Properties Increases 40%

The most recent short interest data has been released for the 11/15/2017 settlement date, which shows a 1,635,562 share increase in total short interest for Summit Hotel Properties Inc , to 5,725,596, an increase of 39.99% since 10/31/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

Summit Hotel Properties Announces CFO Succession Plan

Summit Hotel Properties Announces CFO Succession Plan

Jonathan Stanner to Succeed CFO Greg Dowell in 2018

INN: Insiders vs. Shorts

The most recent short interest data was recently released for the 10/31/2017 settlement date, and Summit Hotel Properties Inc is one of the most shorted stocks of the Russell 3000, based on 6.03 "days to cover" versus the median component at 5.18. There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded.

Short Interest In Summit Hotel Properties Increases 17%

Short Interest In Summit Hotel Properties Increases 17%

The most recent short interest data has been released for the 10/13/2017 settlement date, which shows a 521,644 share increase in total short interest for Summit Hotel Properties Inc , to 3,609,424.0, an increase of 16.89% since 09/29/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

First Week Of June 2018 Options Trading For Summit Hotel Properties (INN)

First Week Of June 2018 Options Trading For Summit Hotel Properties (INN)

Investors in Summit Hotel Properties Inc saw new options begin trading this week, for the June 2018 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 234 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.

Summit Hotel Properties Completes Acquisition Of Courtyard By Marriott Charlotte City Center

Capital Recycling Continues With Sale of the Courtyard El Paso Airport for $11.2 million

Xenia Hotels & Resorts And Summit Hotel Properties Announce Agreement On $163 Million Transaction

Summit to Acquire 5-Hotel Portfolio from Xenia

Summit Hotel Properties And Xenia Hotels & Resorts Announce Agreement On $163 Million Transaction

Summit to Acquire 5-Hotel Portfolio from Xenia

INN Crosses Above Average Analyst Target

In recent trading, shares of Summit Hotel Properties Inc have crossed above the average analyst 12-month target price of $17.67, changing hands for $17.95/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

Short Interest Decreases By 39% For INN

The most recent short interest data has been released for the 05/15/2017 settlement date, which shows a 1,132,598 share decrease in total short interest for Summit Hotel Properties Inc , to 1,770,557, a decrease of 39.01% since 04/28/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

TheStreet Quant Rating: B (Buy)