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2023-08-17 04:42:35 ET Summary Host Hotels & Resorts is a hotel REIT focused on upper upscale rooms. The company has shown a strong recovery since the pandemic and the guidance suggests HST will perform well going forward. I present my bullish analysis of the stock. ...
2023-08-15 11:30:00 ET Summary After covering the Winners of REIT Earnings Season last week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were upside standouts and some solid reports within t...
2023-08-10 15:23:24 ET Summary Nearly 200 U.S. REITs have reported second quarter earnings results over the past month, providing critical information on the state of the commercial and residential real estate industry. Of the 86 equity REITs that provide full-year Funds from Oper...
2023-08-09 17:34:53 ET Summary Summit Hotel Properties is a select-service hospitality REIT with a portfolio of 100 hotels and 15,000 rooms. The company has a conservative dividend payout ratio, with the potential for further increases. The company's stock is also undervalued ...
2023-08-06 22:01:04 ET Summit Hotel Properties, Inc. (INN) Q2 2023 Earnings Conference Call August 3, 2023 10:00 ET Company Participants Adam Wudel - Investor Relations Jon Stanner - President and Chief Executive Officer Trey Conkling - Executive Vice President a...
2023-08-02 17:55:24 ET Summit Hotel press release ( NYSE: INN ): Q2 FFO of $0.27 misses by $0.01 . Revenue of $194.49M (+6.1% Y/Y) beats by $2.03M . Adjusted EBITDAre decreased 3.1 percent to $52.9 million from $54.6 million in the second quarter of 2022. ...
SUMMIT HOTEL PROPERTIES REPORTS SECOND QUARTER 2023 RESULTS PR Newswire Pro Forma RevPAR Reaches New Post-Pandemic High The Nordic Lodge Steamboat Springs Acquired Through GIC Joint Venture AUSTIN, Texas , Aug. 2, 2023 /PRNewswire/ -- Summit Hotel...
2023-07-28 04:10:50 ET Summit Hotel ( NYSE: INN ) declares $0.06/share quarterly dividend , in line with previous. Forward yield 3.95% Payable Aug. 31; for shareholders of record Aug. 17; ex-div Aug. 16. See INN Dividend Scorecard, Yield Chart, & Dividend...
SUMMIT HOTEL PROPERTIES DECLARES SECOND QUARTER 2023 DIVIDENDS PR Newswire AUSTIN, Texas , July 27, 2023 /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 COMPLETES $600 MILLION CREDIT FACILITY REFINANCING PR Newswire AUSTIN, Texas , June 22, 2023 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has successfully completed the refinancing ...
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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...