Summit Hotel Properties Inc (INN)

15.70
0.24 1.55
NYSE : Financial
Prev Close 15.46
Open 15.43
Day Low/High 15.37 / 15.70
52 Wk Low/High 10.99 / 16.40
Volume 545.06K
Avg Volume 706.10K
Exchange NYSE
Shares Outstanding 93.51M
Market Cap 1.45B
EPS 1.20
P/E Ratio 15.46
Div & Yield 0.65 (4.20%)

Latest News

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 $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?

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.