Summit Hotel Properties (INN) News Today

$6.01
-0.06 (-0.99%)
(As of 05/17/2024 ET)
Summit Hotel Properties, Inc. (NYSE:INN) Announces Dividend Increase - $0.08 Per Share
Summit Hotel Properties, Inc. (NYSE:INN) announced a quarterly dividend on Wednesday, May 1st. Shareholders of record on Friday, May 17th will be paid a dividend of 0.08 per share by the real estate investment trust on Friday, May 31st. This represents a $0.32 dividend on an annualized basis and a yield of 5.12%. The ex-dividend date is Thursday, May 16th. This is a boost from Summit Hotel Properties's previous quarterly dividend of $0.06.
Summit Hotel Properties (NYSE:INN) Releases Earnings Results, Misses Expectations By $0.20 EPS
Summit Hotel Properties (NYSE:INN - Get Free Report) released its earnings results on Wednesday. The real estate investment trust reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.20). Summit Hotel Properties had a negative return on equity of 0.83% and a negative net margin of 1.56%. The firm had revenue of $188.14 million for the quarter, compared to the consensus estimate of $181.40 million. During the same quarter in the previous year, the business posted $0.22 EPS.
Summit Hotel Properties (NYSE:INN) Releases FY 2024 Earnings Guidance
Summit Hotel Properties (NYSE:INN) updated its FY 2024 earnings guidance. The company provided EPS guidance of 0.900-1.000 for the period, compared to the consensus estimate of 0.870.
What Wall Street expects from Summit Hotel Properties's earnings
Ortigas' iconic hotels get revamp
Jennison Associates LLC Decreases Position in Summit Hotel Properties, Inc. (NYSE:INN)
Jennison Associates LLC trimmed its stake in shares of Summit Hotel Properties, Inc. (NYSE:INN - Free Report) by 18.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,977,915 shares of the real estate investment trust's sto
Summit Hotel Properties Inc.
Summit Hotel Properties, Inc. (NYSE:INN) Sees Large Decline in Short Interest
Summit Hotel Properties, Inc. (NYSE:INN - Get Free Report) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 6,320,000 shares, a drop of 6.2% from the March 15th total of 6,740,000 shares. Based on an average daily volume of 780,700 shares, the days-to-cover ratio is presently 8.1 days. Currently, 6.1% of the shares of the stock are sold short.
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Summit Hotel Properties Inc
INN Apr 2024 5.000 put
Charles Schwab Investment Management Inc. Has $8.07 Million Stock Position in Summit Hotel Properties, Inc. (NYSE:INN)
Charles Schwab Investment Management Inc. reduced its stake in shares of Summit Hotel Properties, Inc. (NYSE:INN - Free Report) by 31.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,391,664 shares of the real estate investment trust's stock after se
Q4 2023 Summit Hotel Properties Inc Earnings Call
Deutsche Bank AG Sells 177,627 Shares of Summit Hotel Properties, Inc. (NYSE:INN)
Deutsche Bank AG decreased its holdings in shares of Summit Hotel Properties, Inc. (NYSE:INN - Free Report) by 18.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 772,422 shares of the
New York State Common Retirement Fund Decreases Stake in Summit Hotel Properties, Inc. (NYSE:INN)
New York State Common Retirement Fund lessened its stake in Summit Hotel Properties, Inc. (NYSE:INN - Free Report) by 98.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,972 shares of the real estate investment trust's stock after
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This page (NYSE:INN) was last updated on 5/18/2024 by MarketBeat.com Staff

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