SUMMIT HOTEL PRO

Summit Hotel Properties, Inc. (NYSE:NYSE:INN) Q2 2022 Earnings Conference Call August 3, 2022 9:00 AM ET Company Participants Adam Wudel - SVP of Finance, Capital Markets and Treasurer Jon…

Same Store RevPAR Increases 63%; 2019 RevPAR Recapture Reaches New Quarterly High of 94% Accretive Transaction Activity Completed with Miami Brickell Acquisition and San Francisco Hilton Garden Inn Sale Reinstatement of Quarterly Common Dividend Announced AUSTIN, Texas, August 2, 2022…

Summit Hotel Properties (NYSE: INN ) is set to give its latest quarterly earnings report on Tuesday, 2022-08-02. Here''s what investors need to know before the announcement. Analysts estimate that Summit Hotel Properties will report an earnings per share (EPS) of $-0.06. Summit Hotel Properties bulls will hope to hear the company to announce they''ve not only beaten that estimate, but … Full story available on Benzinga.com

AUSTIN, Texas, July 7, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the second quarter of 2022 on Tuesday, August 2, 2022, after the market closes. The Company will conduct its quarterly conference…

Summit Hotel Properties with ticker code (INN) have now 6 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 14 and 11 calculating the average target price we see 12.17. With the stocks previous close at 7.31 this is indicating there is a potential upside of 66.5%. The 50 day moving average now sits at 8.72 and the 200 day MA is 9.47. The market cap for the company is $777m. Company Website: https://www.shpreit.com [stock_market_widget type="chart" template="basic" color="green" assets="INN" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,294m based on the market concensus. Summit Hotel Properties is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Company''s portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.

This article is excerpted from Tom Yeung’s Profit & Protection newsletter. To make sure you don’t miss any of Tom’s picks, subscribe to his mailing list here . Growth Investing Works On Tuesday, I introduced the Profit & Protection playbook — a good, hard look into beating the markets with data. The big takeaway from that newsletter? Growth investing works. Stocks with high expected growth rates (both sales and earnings) and past growth tend to outperform over the following twelve months. That’s no news to venture capitalists or my Hypergrowth Investing colleague, Luke Lango. But there was a wrinkle: Turnarounds do even better. Stocks that had the worst sales growth in the prior year outperformed their high-growth counterparts by a 1.4-to-1 ratio. I can practically see Warren Buffett and InvestorPlace analyst Eric Fry smiling. But if you’re tired of all this theoretical fluff, I don’t blame you. We’re here for profits, not a lesson in data science or fortune-telling. So today, we’re going to use the Profit & Protection playbook to identify five promising growth stocks that look set to ride out the upcoming 6 to 12 months.

Wall Street analysts forecast that Summit Hotel Properties, Inc. will post sales of $153.52 million for the current fiscal quarter, according to Zacks Investment Research. Four…

Summit Hotel Properties, Inc. (NYSE:NYSE:INN) Q1 2022 Earnings Conference Call May 4, 2022 9:00 AM ET Company Participants Adam Wudel - Senior Vice President of Finance, Capital Markets and…

Summit Hotel press release (NYSE:INN): Q1 FFO of $0.17 beats by $0.04.Revenue of $141.87M (+145.2% Y/Y) beats by $9.7M.

Pro Forma RevPAR Increases 78%; 2019 RevPAR Recapture Rate Reaches New Quarterly High Completed the Acquisition of $822 Million 27-Hotel NewcrestImage Portfolio Accretive Transaction Activity Continues with Pending Acquisition of AC Hotel by Marriott & Element Miami Brickell and Pending…

Summit Hotel Properties with ticker code (INN) have now 6 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 14 and 11 calculating the mean target price we have 12.17. Now with the previous closing price of 9.68 this indicates there is a potential upside of 25.7%. The day 50 moving average is 9.8 and the 200 day moving average is 9.56. The company has a market capitalisation of $1,000m. Company Website: https://www.shpreit.com [stock_market_widget type="chart" template="basic" color="green" assets="INN" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,257m based on the market concensus. Summit Hotel Properties is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Company''s portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.

Summit Hotel Properties with ticker code (INN) now have 6 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 13 and 11 with a mean TP of 12. Now with the previous closing price of 10.22 this is indicating there is a potential upside of 17.4%. The day 50 moving average is 9.77 and the 200 day moving average is 9.56. The market cap for the company is $1,069m. Visit the company website at: https://www.shpreit.com [stock_market_widget type="chart" template="basic" color="green" assets="INN" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,255m based on the market concensus. Summit Hotel Properties is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Company''s portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.

Wall Street analysts expect Summit Hotel Properties, Inc. to announce $127.75 million in sales for the current quarter, according to Zacks. Three analysts have issued estimates…

AUSTIN, Texas, Feb. 23, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the fourth quarter and full year ended December 31, 2021. "We continued to be pleased with the improvement in operating fundamentals during the fourth…