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2023-05-03 16:53:12 ET Summit Hotel press release ( NYSE: INN ): Q1 FFO of $0.22 beats by $0.02 . Revenue of $182.38M (+28.6% Y/Y) beats by $2.81M . Adjusted FFO per Diluted Unit $0.92 to $1.05, vs. consensus of $0.97 For further details see: Summit H...
SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2023 RESULTS PR Newswire 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 ...
2023-05-02 09:00:00 ET Summary We're now at the halfway point of real estate earnings season with roughly 60 equity REITs and 14 mortgage REITs representing 50% of the total market capitalization having reported first-quarter. Results thus far have been better than the prevailing ...
2023-04-30 09:00:00 ET Summary U.S. equity markets extended their rebound this week as a strong slate of earnings reports clashed with renewed concerns over financial instability and economic data that provided fodder for both bulls and bears. Closing at its highest levels since e...
2023-04-27 17:36:15 ET Summit Hotel ( NYSE: INN ) declares $0.06/share quarterly dividend , 50% increase from prior dividend of $0.04. Forward yield 3.86% Payable May 31; for shareholders of record May 17; ex-div May 16. See INN Dividend Scorecard, Yield ...
SUMMIT HOTEL PROPERTIES INCREASES COMMON DIVIDEND BY 50% AND DECLARES FIRST QUARTER 2023 DIVIDENDS PR Newswire AUSTIN, Texas , April 27, 2023 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors ha...
SUMMIT HOTEL PROPERTIES ANNOUNCES FIRST QUARTER 2023 EARNINGS RELEASE DATE PR Newswire AUSTIN, Texas , March 30, 2023 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the first qua...
2023-03-16 07:20:39 ET Summary Summit Hotel Properties reported its FY 2022 earnings, reporting an operating profit for the first time since the pandemic. The company is still recovering from the effects of the pandemic, and demand is picking up. Dividends have resumed, with a...
2023-03-05 09:00:00 ET Summary U.S. equity markets rebounded following their worst week of the year as investors parsed data showing surprising resilience in global economic activity this winter despite stiff interest rate headwinds. Snapping a three-week skid and notching its bes...
Summary Summit is paying out a 7.7% yield to owners of its preferreds who also stand to realize a 14.4% yield to call. Dividend pay-outs to common shareholders remain at a fraction of their pre-pandemic average. This has come against dual beats for FFO and revenue for the lodging RE...
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SUMMIT HOTEL PROPERTIES REPORTS SECOND QUARTER 2024 RESULTS PR Newswire Net Income Increases to $30.8 Million for Second Quarter 2024 Adjusted EBITDAre Grows 6% to Reach All-Time Quarterly Record High of $55.9 Million Adjusted FFO Increases 10% to $0....
SUMMIT HOTEL PROPERTIES DECLARES SECOND QUARTER 2024 DIVIDENDS PR Newswire AUSTIN, Texas , July 25, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has dec...
SUMMIT HOTEL PROPERTIES ANNOUNCES SECOND QUARTER 2024 EARNINGS RELEASE DATE PR Newswire AUSTIN, Texas , June 24, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the seco...