Equities

Summit Hotel Properties Inc

Summit Hotel Properties Inc

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Real EstateReal Estate Investment Trusts
  • Price (USD)6.95
  • Today's Change-0.115 / -1.63%
  • Shares traded185.63k
  • 1 Year change-28.77%
  • Beta1.9384
Data delayed at least 15 minutes, as of Oct 05 2022 17:18 BST.
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About the company

Summit Hotel Properties, Inc. is a lodging real estate investment trust (REIT). The Company is focused on owning premium-branded, select-service hotels primarily in the upscale segment of the United States lodging industry. The Company's portfolio consists of approximately 102 hotels, 61 of which are wholly owned, with a total of approximately 15,323 guestrooms located in 24 states. The Company's hotels are located in markets, such as business and corporate headquarters, retail centers, airports, state capitols, convention centers and leisure attractions. The Company's portfolio is located in urban and suburban markets. Its hotels operate under franchise brands owned by Marriott International, Inc. (Marriott), Hilton Worldwide (Hilton), Hyatt Hotels Corporation (Hyatt) and InterContinental Hotels Group (IHG). It also operates dual-branded 264-guestroom AC Hotel by Marriott & Element Miami Brickell.

  • Revenue in USD (TTM)542.67m
  • Net income in USD-30.67m
  • Incorporated2010
  • Employees63.00
  • Location
    Summit Hotel Properties IncSUITE R-10012600 HILL COUNTRY BOULEVARDAUSTIN 78738United StatesUSA
  • Phone+1 (512) 538-2300
  • Fax+1 (512) 538-2333
  • Websitehttps://www.shpreit.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
INN:NYQ since
announced
Transaction
value
NewcrestImage LLC-AssetsAnnounced03 Nov 202103 Nov 2021Announced-32.05%822.00m
Data delayed at least 15 minutes, as of Oct 05 2022 17:18 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
ARMOUR Residential REIT, Inc.-56.51m-123.80m617.88m0.00--0.6128-----1.19-1.19-0.59598.80-0.0081-------1.60-0.8746-8.29-5.67---34.73---85.56----0.8731--148.16-2.50101.73-----16.86
Inland Real Estate Income Trust Inc120.95m-4.62m633.08m----1.4113.995.23-0.128-0.1283.3512.410.0947--6.54---0.3618-1.05-0.3743-1.0761.5662.73-3.82-10.73--0.80660.6564--2.98-0.391275.90---41.83--
Urstadt Biddle Properties Inc141.09m25.29m641.85m57.0024.721.7911.364.550.63910.63913.5714.420.1431--5.972,475,211.004.324.294.694.6566.0966.8130.1732.89--4.720.3285148.996.973.03294.1511.59-28.05-8.88
RPT Realty222.55m20.65m653.28m125.0033.620.81476.632.940.22810.22812.6010.510.116--8.571,780,384.001.492.471.562.6069.5170.1012.8320.79--0.7320.5158129.0611.36-3.93459.933.1523.28-12.14
Gladstone Commercial Corporation141.57m255.00k680.44m--1,799.092.9311.314.810.00880.00883.769.680.1243.58----1.101.051.121.0676.7581.428.868.95--1.430.6564--3.419.78-244.62--7.811.65
Office Properties Income Trust583.53m-8.81m705.02m0.00--0.49813.011.21-0.1825-0.182512.1029.210.141--6.01---0.1354-0.0063-0.1403-0.006568.7369.62-0.96-0.0494--1.100.6373---1.9517.43-222.49--23.25-20.39
Plymouth Industrial Reit Inc164.27m-29.44m708.25m39.00--1.6312.784.31-0.8327-0.83274.6213.230.133----4,211,975.00-1.40-2.47-1.48-2.6967.6765.32-10.49-19.23--0.43210.622--28.0147.87-4.15--235.69--
Summit Hotel Properties Inc542.67m-30.67m720.50m63.00--0.74696.571.33-0.3035-0.30354.999.020.2026--30.328,613,730.00-0.030.5064-0.03570.531943.4740.64-0.14822.50--0.64590.5064--54.36-5.2547.10---24.75--
Armada Hoffler Properties Inc316.77m32.27m742.32m138.0022.661.606.492.340.48380.48384.929.360.15143.0310.142,295,420.002.581.983.162.6044.7636.0617.0610.44--4.120.5598197.08-25.951.91-52.56-18.10-11.92-2.33
Pacific Oak Strategic Opportnty REIT Inc166.56m-52.92m745.64m----1.6628.724.48-0.5395-0.53951.684.470.0978--7.41---3.142.65-3.242.8140.5945.74-32.0627.37--0.08010.68834.4247.274.5877.65---56.05--
RMR Group Inc763.79m35.30m764.52m37.00k11.223.819.341.002.162.1624.376.361.22--8.4120,643.0812.8924.9325.3046.9033.59--10.5925.61----0.0074.303.0117.8723.80-1.011.3113.72
Necessity Retail REIT Inc386.26m-62.95m790.28m----0.46429.332.05-0.4972-0.49723.0612.780.0924--5.70---0.9474-0.9157-0.9698-0.949971.7874.21-10.25-10.12--0.90280.6151--9.8113.53-35.99--41.69--
CBL & Associates Properties, Inc.584.25m-668.85m798.40m400.00--1.72--1.37-33.41-33.418.5514.590.166--12.201,460,625.00-19.56-4.24-20.53-4.4867.4969.79-117.81-28.17--0.26050.8151--0.1761-10.92-87.12---33.76--
Community Healthcare Trust Inc94.03m20.02m799.41m30.0037.461.6914.748.500.85020.85023.9918.840.1228----3,134,200.002.952.272.992.3183.2680.9424.0118.49--3.060.3839329.1019.6829.1617.0849.29-1.882.50
Bluerock Residential Growth REIT Inc233.85m-48.75m817.57m------36.323.50-1.73-1.738.3935.930.0917--1.68--1.181.211.231.2763.3661.8312.8813.21--1.240.5607--0.365322.18104.27--34.19-10.94
New York Mortgage Trust Inc255.08m-107.41m819.66m64.00--0.5285--3.21-0.2819-0.28190.66975.530.0422--1.143,985,547.00-1.550.4282-1.960.496555.5626.94-36.6512.41----0.6938542.942,482.291.11143.7321.41239.06-16.06
Data as of Oct 05 2022. Currency figures normalised to Summit Hotel Properties Inc's reporting currency: US Dollar USD

Institutional shareholders

58.55%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 30 Jun 202217.36m16.24%
The Vanguard Group, Inc.as of 30 Jun 202215.19m14.21%
SSgA Funds Management, Inc.as of 30 Jun 20226.98m6.53%
Jennison Associates LLCas of 30 Jun 20225.92m5.53%
Macquarie Investment Management Business Trustas of 30 Jun 20224.64m4.34%
GW&K Investment Management LLCas of 30 Jun 20223.22m3.02%
American Century Investment Management, Inc.as of 30 Jun 20222.91m2.72%
Geode Capital Management LLCas of 30 Jun 20222.15m2.01%
JPMorgan Securities LLC (Investment Management)as of 30 Jun 20222.15m2.01%
Victory Capital Management, Inc. (Investment Management)as of 30 Jun 20222.07m1.94%
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Data from 30 Jun 2022 - 30 Jun 2022Source: FactSet Research Systems Inc.
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