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As August 2021 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 3.95% to 9%. Here is a comparison against highest quality preferred stocks in our coverage universe, as ranked by our internal “CD...
U.S. equity markets retreated on a choppy week after a downbeat slate of economic data heightened concern that the recent COVID resurgence could stall or reverse the global economic reopenings. Exhibiting a reversion back to the "stay at home" trading patterns, the large-cap S&am...
In our "State of the REIT Sector" report, we analyze recently-released NAREIT T-Tracker data to review high-level REIT fundamentals over the past quarter through a series of charts. REIT company-level metrics have exhibited a substantial rebound over the last year as FFO and dividends...
Summit Hotel Properties Achieves Top Accolade From CONNECT 2020 Marriott Awards PR Newswire AUSTIN, Texas , Aug. 9, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") is proud to announce that it has been recognized as the Renovat...
U.S. equity markets climbed to fresh record highs this past week as better-than-expected employment data eased some concern over threats of another potential wave of COVID-related economic restrictions. The U.S. economy added 942k jobs in July, while continuing jobless claims fel...
REIT earnings season has provided critical information on the state of the real estate industry - a much-needed check-in amid fears of a potential "fourth wave" of the COVID pandemic. Results were significantly better-than-expected with roughly 95% of equity REITs beating consensus FF...
Summit Hotel Properties, Inc. Announces Redemption of 6.45% Series D Cumulative Redeemable Preferred Stock PR Newswire AUSTIN, Texas , Aug. 5, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today provided notice to the record holde...
Summit Hotel Properties, Inc. Prices Public Offering of 5.875% Series F Cumulative Redeemable Preferred Stock PR Newswire AUSTIN, Texas , Aug. 5, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") announced today that it has ...
Summit Hotel Properties Inc. (INN) Q2 2021 Earnings Conference Call August 04, 2021 09:00 AM ET Company Participants Adam Wudel - Senior Vice President of Finance, Capital Markets and Treasurer Jon Stanner - Chief Executive Officer Trey Conkling - Executive Vice President and Chief Financial ...
Image source: The Motley Fool. Summit Hotel Properties, inc (NYSE: INN) Q2 2021 Earnings Call Aug 4, 2021 , 9:00 a.m. ET Operator Continue reading For further details see: Summit Hotel Properties, inc (INN) Q2 2021 Earnings Call Transcrip...
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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...
2024-06-12 14:30:00 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...
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...