Summit Hotel Properties Inc (INN)

14.24
0.03 0.21
NYSE : Financial
Prev Close 14.21
Open 14.18
Day Low/High 14.13 / 14.34
52 Wk Low/High 9.00 / 14.58
Volume 340.48K
Avg Volume 524.10K
Exchange NYSE
Shares Outstanding 87.28M
Market Cap 1.24B
EPS 1.20
P/E Ratio 8.17
Div & Yield 0.53 (3.70%)

Latest News

Ex-Div Reminder for Summit Hotel Properties Series C Cumulative Redeemable Preferred Stock

Ex-Div Reminder for Summit Hotel Properties Series C Cumulative Redeemable Preferred Stock

On 8/12/16, Summit Hotel Properties Inc's 7.125% Series C Cumulative Redeemable Preferred Stock will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 8/31/16. As a percentage of INN.

These 2 Under-the-Radar REITs Are Bargains Based on Total Returns

These 2 Under-the-Radar REITs Are Bargains Based on Total Returns

Looking for relatively safe 15% to 25% gains in the commercial real estate sector? Read on.

Summit Hotels Is an Undervalued Yield Play

Some REITs are still relative bargains.

Summit Hotel Properties' Series C Preferred Stock Shares Cross 7% Yield Mark

Summit Hotel Properties' Series C Preferred Stock Shares Cross 7% Yield Mark

In trading on Tuesday, shares of Summit Hotel Properties Inc's 7.125% Series C Cumulative Redeemable Preferred Stock were yielding above the 7% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $25.00 on the day. This compares to an average yield of 7.39% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.

American Realty Capital Hospitality Trust Acquires Six Hotels From Summit Hotel Properties For $108.3 Million

American Realty Capital Hospitality Trust Acquires Six Hotels From Summit Hotel Properties For $108.3 Million

Acquisition increases ARC Hospitality's current lodging portfolio to 142 hotels totaling 17,351 rooms across 32 states

Cash Dividend On The Way From Summit Hotel Properties Series A Cumulative Redeemable Preferred Stock

Cash Dividend On The Way From Summit Hotel Properties Series A Cumulative Redeemable Preferred Stock

On 2/11/16, Summit Hotel Properties Inc's 9.25% Series A Cumulative Redeemable Preferred Stock will trade ex-dividend, for its quarterly dividend of $0.5781, payable on 2/29/16. As a percentage of INN.

First Week of September 16th Options Trading For Summit Hotel Properties (INN)

First Week of September 16th Options Trading For Summit Hotel Properties (INN)

Investors in Summit Hotel Properties Inc saw new options become available this week, for the September 16th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 239 days until expiration the newly available 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.

Cash Dividend On The Way From Summit Hotel Properties Series A Cumulative Redeemable Preferred Stock

Cash Dividend On The Way From Summit Hotel Properties Series A Cumulative Redeemable Preferred Stock

On 11/12/15, Summit Hotel Properties Inc's 9.25% Series A Cumulative Redeemable Preferred Stock will trade ex-dividend, for its quarterly dividend of $0.5781, payable on 11/30/15. As a percentage of INN.

American Realty Capital Hospitality Trust Acquires 10 Hotels For $150 Million

American Realty Capital Hospitality Trust Acquires 10 Hotels For $150 Million

Acquisition increases ARC Hospitality's current lodging portfolio to 132 hotels totaling 16,014 rooms across 32 states

Interesting INN Put Options For November 20th

Interesting INN Put Options For November 20th

Investors in Summit Hotel Properties Inc saw new options become available this week, for the November 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the INN options chain for the new November 20th contracts and identified the following put contract of particular interest.

Interesting INN Call Options For October 16th

Interesting INN Call Options For October 16th

Investors in Summit Hotel Properties Inc saw new options begin trading this week, for the October 16th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the INN options chain for the new October 16th contracts and identified the following call contract of particular interest.

Summit Hotel Properties Series B Preferred Stock Shares Cross 7.5% Yield Mark

Summit Hotel Properties Series B Preferred Stock Shares Cross 7.5% Yield Mark

In trading on Thursday, shares of Summit Hotel Properties Inc's 7.875% Series B Cumulative Redeemable Preferred Stock were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $26.24 on the day. This compares to an average yield of 7.10% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.

Summit Hotel Properties Series C Cumulative Redeemable Preferred Stock Ex-Dividend Reminder

Summit Hotel Properties Series C Cumulative Redeemable Preferred Stock Ex-Dividend Reminder

On 8/12/15, Summit Hotel Properties Inc's 7.125% Series C Cumulative Redeemable Preferred Stock will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 8/31/15. As a percentage of INN.

Summit Hotel Properties is Oversold

Summit Hotel Properties is Oversold

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Summit Hotel Properties Inc presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.