Summit Hotel Properties Inc (INN)

14.69
0.19 1.28
NYSE : Financial
Prev Close 14.88
Open 14.77
Day Low/High 14.63 / 14.86
52 Wk Low/High 12.45 / 19.39
Volume 750.07K
Avg Volume 1.02M
Exchange NYSE
Shares Outstanding 104.27M
Market Cap 1.55B
EPS 1.20
P/E Ratio 16.53
Div & Yield 0.68 (4.60%)

Latest News

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.

First Week of December 15th Options Trading For Summit Hotel Properties (INN)

Investors in Summit Hotel Properties Inc saw new options become available this week, for the December 15th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 207 days until expiration the newly available contracts represent a possible 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 Acquires Two Hotels For $60.2 Million

Capital Recycling Continues With the Sale of One Hotel for $14.5 million

Interesting INN Put Options For May 19th

Investors in Summit Hotel Properties Inc saw new options become available this week, for the May 19th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the INN options chain for the new May 19th contracts and identified the following put contract of particular interest.

Pebblebrook Hotel Trust Is a Great Stock to Buy Right Now

Pebblebrook Hotel Trust Is a Great Stock to Buy Right Now

This hotel REIT should be attractive to income investors.

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 $16.29, changing hands for $16.36/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 In Summit Hotel Properties Moves 18.5% Lower

Short Interest In Summit Hotel Properties Moves 18.5% Lower

The most recent short interest data has been released for the 11/30/2016 settlement date, which shows a 597,293 share decrease in total short interest for Summit Hotel Properties Inc , to 2,634,803, a decrease of 18.48% since 11/15/2016. 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.

INN Crosses Above Average Analyst Target

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 $14.79, changing hands for $14.81/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 Increases 10.2% For INN

Short Interest Increases 10.2% For INN

The most recent short interest data has been released for the 10/31/2016 settlement date, which shows a 262,415 share increase in total short interest for Summit Hotel Properties Inc , to 2,823,262, an increase of 10.25% since 10/14/2016. 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.

November 18th Options Now Available For Summit Hotel Properties (INN)

November 18th Options Now Available For Summit Hotel Properties (INN)

Investors in Summit Hotel Properties Inc saw new options become available today, for the November 18th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the INN options chain for the new November 18th contracts and identified the following put contract of particular interest.

Why It Might Be Time to Start Checking Out of Hotel Stocks

Why It Might Be Time to Start Checking Out of Hotel Stocks

Experts see global terrorism,the Zika virus and weak corporate earnings growth hitting the lodging sector hard in the next two years. Is it time to check out of hotel stocks?