Summit Hotel is trading at 19.57 as of the 23rd of March 2025. This is a 3.99% up since the beginning of the trading day. The preferred stock's lowest day price was 18.99. Summit Hotel has 48 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. The performance scores are derived for the period starting the 23rd of December 2024 and ending today, the 23rd of March 2025. Click here to learn more.
Summit Hotel Properties, Inc. 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 Companys portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states. More on Summit Hotel Properties
Summit Hotel Properties (INN-PF) is traded on NASDAQ Exchange in USA. It is located in 13215 Bee Cave Parkway, Austin, TX, United States, 78738 and employs 74 people. Summit Hotel is listed under Trading category by Fama And French industry classification. The company operates under Real Estate Management & Development sector and is part of Real Estate industry.
Summit Hotel Properties has accumulated about 110 M in cash with 169.62 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.03.
Check Summit Hotel Probability Of BankruptcyOwnership AllocationThe majority of Summit Hotel Properties outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Summit Hotel to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Summit Hotel Properties. Please pay attention to any change in the institutional holdings of Summit Hotel Properties as this could imply that something significant has changed or is about to change at the company.
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Summit Hotel financial ratios help investors to determine whether Summit Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Summit with respect to the benefits of owning Summit Hotel security.