Overview Quote
Stock Activity
| Day Low - High | 10.22 - 10.47 |
| 52wk Low - High | 7.43 - 10.56 |
| Previous Close | 10.34 |
| Avg. Volume | 307,701 |
| Industry | REIT-EQTY TRUST -OTHER |
| Market Cap | 676.07 M |
| Div - Yield | 0.45 - 4.35 |
| Beta | 0.29 |
| PE (Forward) | 11.95 |
| Current Year Est. | 0.87 |
| Quarterly Earnings ESP |
0.00% |
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Zacks Rank
|
3 |
Zacks Recommendation
|
Neutral |
Zacks Industry Rank
|
108 out of 265 |
Equity Research Report
|
PREMIUM |
( = Change in last 30 days)
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Company Description
Summit Hotel Properties, Inc. is a real estate investment trust engaged in the business of acquiring, developing, financing, and operating limited/select-service and upscale hotels in America. Most of the trust's properties are branded within Marriott, Hilton, Hyatt, and Intercontinental franchises and their brands. Summit Hotel Properties, Inc. is based in Sioux Falls, South Dakota, U.S.A.
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Earnings Estimates
| Current Qtr (06/2013) |
Next Qtr (09/2013) |
Current Year (12/2013) |
Next Year (12/2014) |
|
|---|---|---|---|---|
| Average Estimate | 0.26 | 0.27 | 0.87 | 1.05 |
| Number of Estimates | 6 | 6 | 6 | 6 |
| Low Estimate | 0.25 | 0.24 | 0.84 | 1.02 |
| High Estimate | 0.27 | 0.29 | 0.88 | NA |
| Year Ago EPS | 0.27 | 0.26 | NA | 0.87 |
| EPS Growth | -4.94% | 2.56% | NA | 21.19% |
Industry Analysis
| Name | Symbol | Previous Close | Zacks Rank | Zacks Recommendation |
|---|---|---|---|---|
| SUMMIT HOTEL PR | INN | 10.34 | ![]() |
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| COMMONWEALTH RE | CWH | 20.49 | ![]() |
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| CUBESMART | CUBE | 17.19 | ![]() |
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| DCT INDUSTRIAL | DCT | 8.17 | ![]() |
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| DOUGLAS EMMETT | DEI | 27.22 | ![]() |
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| HOST HOTEL&RSRT | HST | 18.77 | ![]() |
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| LASALLE HTL PRP | LHO | 27.72 | ![]() |
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| MONMOUTH RE CLA | MNR | 11.01 | ![]() |
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| NATL HEALTH INV | NHI | 71.40 | ![]() |
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| SOVRAN SLF STOR | SSS | 71.30 | ![]() |
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Sector:Finance>> Industry:REIT-EQTY TRUST -OTHER
Zacks Commentary
Summit Hotel Expands in Louisiana
Jan 29, 2013
Summit Secures 3 More Hotels
Jan 04, 2013
Summit Hotel Acquires Assets
Oct 15, 2012
Summit Hotel to Offer Shares
Sep 28, 2012
Report for INN
May 06, 2013
Financials
| EPS TTM | 0.79 |
| Sales | 190 |
| Net Income | 2 |
| Price/Earnings | 13.09 |
| Price/Book | 0.96 |
| Price/Cash Flow | 17.88 |
| Price/Sales | 3.17 |
News
UPDATE: BMO Capital Raises PT on Summit Hotel Properties Following FFO Report - Benzinga
May 8, 2013
Summit Hotel Properties, Inc.Corporate Event Announcement Notice - Wall Street Horizon
May 7, 2013
Summit Hotel Properties Reaffirms - Earningswhispers Earnings Guidance
May 6, 2013
Summit Hotel Properties Reports First Quarter 2013 Results - Businesswire
May 6, 2013
Summit Hotel Properties, Inc.Corporate Event Announcement Notice - Wall Street Horizon
May 6, 2013
Summit Hotel Properties Declares Dividends - Businesswire
May 1, 2013
Summit Hotel Properties, Inc.Corporate Event Announcement Notice - Wall Street Horizon
Apr 30, 2013
Summit Hotel Properties Announces First Quarter 2013 Earnings to be Reported May 6, 2013 - Businesswire
Apr 29, 2013
Broker Recommendations
| Current ABR | 1.71 |
| ABR (Last Week) | 1.71 |
| # of recs in ABR | 7 |
| Average Target Price | 11.33 |
| Industry Rank by ABR | 108 out of 265 |
| Rank in Industry | 14 out of 80 |

