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2024-05-26 11:40:00 ET Summary Summit Hotel Properties had a decent start to 2024 with decently strong FFO and AFFO results. The AFFO adjusted for capital expenditures was approximately $12M, with a payout ratio of approximately 25% for the preferred dividends. The LTV ratio i...
2024-05-20 03:59:12 ET Summary With a -4.27% average total return in April, REITs have now seen declines in 3 of the first 4 months of 2024. Micro caps (-2.71%) and small caps (-2.87%) averaged low single digit declines in April, while mid-caps (-5.36%) and large caps (-5.99%) per...
2024-05-08 15:13:06 ET More on Real Estate: XLRE: Quality Beats Quantity Once Again XLRE: Could You Do Better? Real estate stocks outperform major market averages as rate hikes ruled out, earnings continue to grow 16 out of 20 S&P 500 real estate stocks p...
2024-05-02 22:02:02 ET Summit Hotel Properties, Inc. (INN) Q1 2024 Earnings Call Transcript May 02, 2024 09:00 AM ET Company Participants Adam Wudel - SVP, Finance, Capital Market and Treasurer Jon Stanner - President & Chief Executive Officer Trey Conkling -...
2024-05-02 04:08:02 ET More on Summit Hotel Summit Hotel Properties Offers 7.4% On Its Preferred Shares Summit Hotel Properties, Inc. (INN) Q4 2023 Earnings Call Transcript Seeking Alpha’s Quant Rating on Summit Hotel Historical earnings data for Summi...
2024-05-01 17:30:32 ET More on Summit Hotel Summit Hotel Properties Offers 7.4% On Its Preferred Shares Summit Hotel Properties, Inc. (INN) Q4 2023 Earnings Call Transcript Seeking Alpha’s Quant Rating on Summit Hotel Historical earnings data for Summi...
SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2024 RESULTS PR Newswire Operating Income of $23.5 million for First Quarter 2024 Adjusted EBITDAre Grows 10% to $48 .8 million; Adjusted FFO Increases 14% to $0.24 per Share Sale of Three Hotels fo...
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2024-04-22 11:12:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-04-02 14:58:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
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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...