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AUSTIN, Texas, May 17, 2023 /PRNewswire/ -- Summit Hotel Properties, Inc. is proud to announce that it has been recognized as the Best Renovation award winner from Hyatt Hotels Corporation for its... | June 12, 2023

Summit Hotel Properties, Inc. (NYSE:INN – Get Rating) declared a quarterly dividend on Thursday, April 27th, Zacks reports. Investors of record on Wednesday, May 17th will be paid a dividend of 0.06 per share by the real estate investment trust on Wednesday, May 31st. This represents a $0.24 dividend on an annualized basis and a […]

Summit Hotel Properties (NYSE:INN – Get Rating) issued an update on its FY 2023 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.92-$1.05 for the period, compared to the consensus estimate of $0.97. The company issued revenue guidance of -. Summit Hotel Properties Stock Performance Shares of Summit Hotel […]

First Quarter 2023 Pro Forma RevPAR Grows 19.3% Operating Income Increase Drives Adjusted EBITDAre Growth of 35% to $44.4 Million Common Dividend Increased 50% to an Annualized $0.24 Per Share AUSTIN

Summit Hotel Properties, Inc. (NYSE:INN – Get Rating) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 3,530,000 shares, a decline of 7.6% from the March 31st total of 3,820,000 shares. Based on an average daily volume of 884,300 shares, the days-to-cover ratio […]

/PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the first quarter ended March 31, 2023. "We are pleased...

Summit Hotel Properties, Inc. (NYSE:INN – Get Rating) declared a quarterly dividend on Thursday, April 27th, Zacks reports. Shareholders of record on Wednesday, May 17th will be paid a dividend of 0.06 per share by the real estate investment trust on Wednesday, May 31st. This represents a $0.24 dividend on an annualized basis and a […]

Shares of Summit Hotel Properties, Inc. (NYSE:INN – Get Rating) have earned an average recommendation of “Moderate Buy” from the five research firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average […]

Summit Hotel Properties (NYSE:INN – Get Rating) had its price objective lowered by Raymond James from $10.00 to $8.50 in a research report report published on Wednesday morning, Benzinga reports. Raymond James currently has an outperform rating on the real estate investment trust’s stock. Separately, Robert W. Baird cut Summit Hotel Properties from an outperform […]

/PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the fourth quarter and full year ended December 31, 2022....