Summit Hotel Properties(INN),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

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INN Summit Hotel Properties

Pre-Market Trading 12-23 08:35:18 EST

6.82

+0.13

+1.94%

High6.92	Low6.59	Vol2.88M
Open6.59	D1 Closing6.69	Amplitude4.86%
Mkt Cap739.41M	Tradable Cap667.80M	Total Shares108.42M
T/O19.65M	T/O Rate2.94%	Tradable Shares97.92M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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The Offering is expected to close on or around December 31, 2024.Each Unit will be comprised of:  one  common share in the capital of the Company ; and  one  common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at a price of [C$0.28] for a period of four  years from the date of issuance.Innocan intends to use the proceeds of the Offering for working capital and general corporate purposes.The securities issued to Canadian subscribers in connection with the Offering will be subject to a hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws.Certain information ","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/0E.7l4y9jnds4XLTwEXGMQ--~B/aD0yODM7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cnwgroup.com/7706f970d25ba77672f989a1db7cd166","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/0E.7l4y9jnds4XLTwEXGMQ--~B/aD0yODM7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cnwgroup.com/7706f970d25ba77672f989a1db7cd166"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/innocan-pharma-announces-private-placement-213300689.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4218","BK4181","INN"],"gpt_icon":0},{"id":"2491936844","title":"Innocan Pharma Provides its Annual \"State of Research and Development\" Update for 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2491936844","media":"CNW Group","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491936844?lang=en_us&edition=fundamental","pubTime":"2024-12-13 05:01","pubTimestamp":1734037260,"startTime":"0","endTime":"0","summary":"HERZLIYA, Israel and CALGARY, Alberta, Dec. 12, 2024 /CNW/ -- Innocan Pharma Corporation     a pharmaceutical technology company focusing on developing innovative drug delivery platform technologies and an owner of a proprietary intellectual property portfolio, is pleased to share its annual \"State of Research and Development\" update for 2024. This year, the Company achieved significant milestones in advancing research and development for its drug delivery platforms as well as its intellectual property portfolio.During 2024, Innocan achieved significant milestones in both scientific and regulatory domains. Preclinical studies of its liposome-cannabidiol technology (LPT-CBD( demonstrated high CBD bioavailability, along with long-lasting pain relief and improved well-being in various animal models. Building on this compelling data, the Company secured agreement from the United States Food and Drug Administration (FDA) on the preclinical and Phase 1 clinical development plan to advance LP","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/0E.7l4y9jnds4XLTwEXGMQ--~B/aD0yODM7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cnwgroup.com/7706f970d25ba77672f989a1db7cd166","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/0E.7l4y9jnds4XLTwEXGMQ--~B/aD0yODM7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cnwgroup.com/7706f970d25ba77672f989a1db7cd166"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/innocan-pharma-provides-annual-state-210100474.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4557","IE00BGHQF748.EUR","IE00B64PRP62.GBP","BK4588","ACB","LU1883839398.USD","IE00B3QW5Z07.USD","INN","BK4139","BK4181","STT","BK4135","LU0061475181.USD","INNPF","CVM","IE0034235188.USD","BK4218","BK4585","BK4007"],"gpt_icon":0},{"id":"2490802272","title":"Summit Hotel Properties announces pending acquisition of two hotels for $96M","url":"https://stock-news.laohu8.com/highlight/detail?id=2490802272","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490802272?lang=en_us&edition=fundamental","pubTime":"2024-12-11 06:05","pubTimestamp":1733868328,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties (INN) “announced that it is under contract to acquire the 250-guestroom Hampton Inn Boston – Logan Airport and the 149-gues...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/summit-hotel-properties-announces-pending-acquisition-of-two-hotels-for-96m?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/summit-hotel-properties-announces-pending-acquisition-of-two-hotels-for-96m?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4181","BK4218","INN"],"gpt_icon":0},{"id":"2490022363","title":"BRIEF-Summit Hotel Properties Announces Pending Acquisition Of Two-Hotel Portfolio For $96 Million Through GIC Joint Venture","url":"https://stock-news.laohu8.com/highlight/detail?id=2490022363","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490022363?lang=en_us&edition=fundamental","pubTime":"2024-12-11 06:03","pubTimestamp":1733868220,"startTime":"0","endTime":"0","summary":"Dec 10  - Summit Hotel Properties Inc   :   * SUMMIT HOTEL PROPERTIES ANNOUNCES PENDING ACQUISITION OF TWO-HOTEL PORTFOLIO FOR $96 MILLION THROUGH GIC JOINT VENTURE   * SUMMIT HOTEL PROPERTIES INC - TRANSACTION TO BE FINANCED WITH CASH AND $50 MILLION TERM LOANSource text:   Further company coverage:    ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["JYNT","BK4218","BK4185","GIC","BK4104","INN","BK4181"],"gpt_icon":0},{"id":"2490902281","title":"Summit Hotel Properties Inc - Transaction to Be Financed With Cash and $50 Million Term Loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2490902281","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490902281?lang=en_us&edition=fundamental","pubTime":"2024-12-11 06:00","pubTimestamp":1733868003,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241210:nTUA6JZDGM:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["INN","BK4181","BK4218"],"gpt_icon":0},{"id":"2490022865","title":"Summit Hotel Properties Announces Pending Acquisition of Two-Hotel Portfolio for $96 Million Through Gic Joint Venture","url":"https://stock-news.laohu8.com/highlight/detail?id=2490022865","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490022865?lang=en_us&edition=fundamental","pubTime":"2024-12-11 06:00","pubTimestamp":1733868003,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241210:nTUA6JZDGM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4218","BK4181","INN"],"gpt_icon":0},{"id":"2490022890","title":"Press Release: Summit Hotel Properties Announces Pending Acquisition of Two-Hotel Portfolio for $96 Million Through GIC Joint Venture","url":"https://stock-news.laohu8.com/highlight/detail?id=2490022890","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490022890?lang=en_us&edition=fundamental","pubTime":"2024-12-11 06:00","pubTimestamp":1733868000,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties Announces Pending Acquisition of Two-Hotel Portfolio for $96 Million Through GIC Joint Venture. The Hilton Garden Inn Tysons Corner is situated in the affluent city of Vienna, Virginia, in Fairfax County, just 11 miles west of downtown Washington, D.C., and is the closest Hilton-branded select service hotel to Hilton world headquarters.  Tysons Corner is one of Virginia's principal business districts and home to five Fortune 500 companies.  In addition to its preeminent office market, Tysons is home to the Tysons Corner Center, one of the largest shopping centers and mixed-use developments in the U.S.,","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GIC","BK4104","BK4218","INN","GRO","BK4181","BK4185","JYNT"],"gpt_icon":0},{"id":"2486311008","title":"Innocan Pharma Announces Encouraging Results from a Safety Assessment Study of LPT-CBD on Minipigs","url":"https://stock-news.laohu8.com/highlight/detail?id=2486311008","media":"CNW Group","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486311008?lang=en_us&edition=fundamental","pubTime":"2024-11-27 05:01","pubTimestamp":1732654860,"startTime":"0","endTime":"0","summary":"HERZLIYA, Israel and CALGARY, AB, Nov. 26, 2024 /CNW/ --Innocan Pharma Corporation    , a pioneer in the pharmaceutical and biotechnology industries, is pleased to report positive results from a basic safety assessment study, evaluating LPT-CBD administered as a single injection in Gttingen minipigs.The drug was administered in three ascending doses, and the animals were closely monitored over a 28-day period for key safety parameters. These included clinical observations, vital signs, blood parameters, and local injection site reactions. Encouragingly, no adverse events were recorded during the study. All animals exhibited normal weight gain and demonstrated excellent tolerance to the drug, with no local reactions observed at any of the administered dose sites.Minipigs are breeds of miniature domestic pigs which are recognized by the FDA as a robust translational model due to their anatomical, physiological, and biochemical similarities to humans. They provide valuable insights into p","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/KJLSIxEyVP4G61TXboPO4Q--~B/aD0xNzg7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cnwgroup.com/8b2fd4dbe4ed1dd3719ec221a12ddb50","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/KJLSIxEyVP4G61TXboPO4Q--~B/aD0xNzg7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cnwgroup.com/8b2fd4dbe4ed1dd3719ec221a12ddb50"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/innocan-pharma-announces-encouraging-results-210100707.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INNPF","LPT","CBD","ACB","BK4007","BK4218","INN","BK4113","BK4557","BK4181"],"gpt_icon":0},{"id":"2485173656","title":"Innocan Pharma Reports Third Quarter 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2485173656","media":"CNW Group","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485173656?lang=en_us&edition=fundamental","pubTime":"2024-11-21 05:01","pubTimestamp":1732136460,"startTime":"0","endTime":"0","summary":"HERZLIYA, Israel and CALGARY, Alberta, Nov. 20, 2024 /CNW/ -- Innocan Pharma Corporation    , a pharmaceutical technology company focusing on developing innovative drug delivery platform technologies, is pleased to announce its consolidated financial results for the three and nine-month periods ended September 30, 2024.Revenue Growth: 9-month revenues up 174% year over year  to US $24.0 million and 3-month revenues up 111% YoY to US $8.6 million, driven by strong sales growth of Innocan's subsidiary, BI Sky Global Ltd.Gross Profit in the 9-month year-to-date period increased 183% to US$21.8 million, compared to US$7.7 million in the nine-month period of 2023; Third quarter gross profit increased 112% to US$7.8 million, compared to US$3.7 million in the third quarter of 2023.Innocan is an innovator in the pharmaceuticals and wellness sectors. In the pharmaceuticals sector, Innocan developed a CBD-loaded liposome drug delivery platform with exact dosing, p","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/6gbg8eeIGFGcpVqTbnhaNw--~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cnwgroup.com/6792436fb82f46b54a0983cb29581f76","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6gbg8eeIGFGcpVqTbnhaNw--~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cnwgroup.com/6792436fb82f46b54a0983cb29581f76"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/innocan-pharma-reports-third-quarter-210100912.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4218","INN","BK4181"],"gpt_icon":0},{"id":"2483081648","title":"How To Put $100 In Your Retirement Fund Each Month With Summit Hotel Properties Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2483081648","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483081648?lang=en_us&edition=fundamental","pubTime":"2024-11-14 21:00","pubTimestamp":1731589243,"startTime":"0","endTime":"0","summary":"Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.Summit Hotel Properties, Inc.  is a publicly traded real estate investment trust focused on owning premium-branded lodging properties with efficient operating models primarily in the upscale segment of the lodging industry.The 52-week range of Summit Hotel Properties stock price was $5.66 to $7.22.Summit Hotel Properties’ dividend yield is 4.90%. During the last 12 months, it paid $0.32 per share in dividends.This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!How Can You Earn $100 Per Month As A Summit Hotel Properties Investor?For instance, assume a stock that pays $2 as an annual dividend is priced a","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/BvdRx7yRXc2HKUE7EglKKw--~B/aD0xNTA7dz0yMjU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/benzinga_79/9612e7f814231894aa806de410d7fa10","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/BvdRx7yRXc2HKUE7EglKKw--~B/aD0xNTA7dz0yMjU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/benzinga_79/9612e7f814231894aa806de410d7fa10"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/put-100-retirement-fund-month-130043578.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["US30Y.BOND","INN","US12M.BOND","US3Y.BOND","US10Y.BOND","US5Y.BOND","BK4181","US6M.BOND","US7Y.BOND","BK4218","US2Y.BOND"],"gpt_icon":0},{"id":"2482630997","title":"Innocan to Direct Full Focus on Following Positive FDA Engagement and Significant Potential Market Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2482630997","media":"CNW Group","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482630997?lang=en_us&edition=fundamental","pubTime":"2024-11-12 05:01","pubTimestamp":1731358860,"startTime":"0","endTime":"0","summary":"A recent National Pet Owners Survey demonstrates a significant addressable market for Innocan's veterinary product. Innocan has received FDA support to advance its LPT-CBD platform for human use under the 505 abbreviated pathway, offering a quicker route to commercial approval. The FDA has also aligned on Innocan's non-clinical development plan and Phase I clinical study design for the LPT-CBD's Investigational New Drug  filing, moving the Company closer to an accelerated approval process. Furthermore, it is noted that Innocan has made strong progress with the FDA's Center for Veterinary Medicine  with the issuance of an Investigational New Animal Drug  designation in July.Following the positive response of the FDA regarding the LPT-CBT product reported in September 2024, as well as the continued progress of the LPT-CBD project and significant addressable market potential for LPT-CBD, Innocan has decided to shift its focus and resources in its pharmaceutical division to the LPT-CBD pro","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/KJLSIxEyVP4G61TXboPO4Q--~B/aD0xNzg7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cnwgroup.com/8b2fd4dbe4ed1dd3719ec221a12ddb50","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/KJLSIxEyVP4G61TXboPO4Q--~B/aD0xNzg7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cnwgroup.com/8b2fd4dbe4ed1dd3719ec221a12ddb50"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/innocan-direct-full-focus-following-210100841.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4018","BK4218","BK4533","CLX","ACB","BK4585","LU1571399168.USD","BK4532","INNPF","CVM","BK4557","INN","BK4007","BK4139","BK4181","BK4588","BK4567","BK4504"],"gpt_icon":0},{"id":"2481864450","title":"Summit Hotel Properties Inc (INN) Q3 2024 Earnings Call Highlights: Navigating Challenges and ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2481864450","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481864450?lang=en_us&edition=fundamental","pubTime":"2024-11-06 15:12","pubTimestamp":1730877137,"startTime":"0","endTime":"0","summary":"RevPAR Growth: Same-store portfolio RevPAR increased 0.2% in Q3, with urban hotels up 1.3% and suburban hotels up 3.9%.Average Rate and Occupancy: Average rate increased by 1.2%, partially offset by a 1% decline in occupancy.Revenue Impact from Hurricanes: Hurricanes displaced nearly $400,000 in revenue, reducing RevPAR growth by 20 basis points.Hotel EBITDA: Pro forma hotel EBITDA for Q3 was $59.7 million, a 3% decrease from the previous year.Adjusted EBITDAre: $45.3 million for Q3, a 2% decrease compared to Q3 2023.Adjusted FFO: Increased 4% to $27.6 million or $0.22 per share in Q3.Capital Expenditures: $22.5 million invested in Q3 on a consolidated basis.Dividend: Quarterly common dividend of $0.08 per share, representing a 5.2% yield.Debt and Liquidity: Total liquidity over $400 million, with a leverage ratio nearly a full turn lower than a year ago.GuruFocus has detected 3 Warning Sign with INN.Summit Hotel Properties Inc  reported its third consecutive quarter of adjusted AFFO g","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/YYIzVwMLj7_iemEDJ8d9vw--~B/aD0yNDA7dz0yNDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/2739720581ade52898d80b91ee45b213","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/YYIzVwMLj7_iemEDJ8d9vw--~B/aD0yNDA7dz0yNDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/2739720581ade52898d80b91ee45b213"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-hotel-properties-inc-inn-071217500.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INN"],"gpt_icon":0},{"id":"2481612781","title":"Q3 2024 Summit Hotel Properties Inc Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2481612781","media":"Thomson Reuters StreetEvents","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481612781?lang=en_us&edition=fundamental","pubTime":"2024-11-06 13:12","pubTimestamp":1730869949,"startTime":"0","endTime":"0","summary":"Adam Wudel; SVP - Finance & Capital Markets.; Summit Hotel Properties Inc. Jonathan Stanner; President, Chief Executive Officer, Director; Summit Hotel Properties Inc. William Conkling; Chief Financial Officer, Executive Vice President; Summit Hotel Properties Inc. Thank you and good morning. I am joined today by Summit Hotel Properties' President and Chief Executive Officer, Jon Stanner; and Executive Vice President and Chief Financial Officer, Trey Conkling.Please note that many of our comments today are considered forward-looking statements as defined by Federal Securities laws. These statements are subject to risks and uncertainties both known and unknown as described in our sec filings, forward-looking statements that we make today are effective only as of today, November 5, 2024, and we undertake no duty to update them later.You can find copies of our SEC filings and earnings release which contain reconciliations to nongaap financial measures referenced on this call on our websit","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q3-2024-summit-hotel-properties-051229271.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["H","INN"],"gpt_icon":0},{"id":"2481659363","title":"Summit Hotel Properties (INN) Q3 FFO and Revenues Beat Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2481659363","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481659363?lang=en_us&edition=fundamental","pubTime":"2024-11-05 07:05","pubTimestamp":1730761511,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties  came out with quarterly funds from operations  of $0.22 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to FFO of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 10%. A quarter ago, it was expected that this real estate investment trust specializing in higher end hotels would post FFO of $0.26 per share when it actually produced FFO of $0.29, delivering a surprise of 11.54%.Over the last four quarters, the company has surpassed consensus FFO estimates four times.Summit Hotel Properties , which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $176.81 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.32%. This compares to year-ago revenues of $181.82 million. The company has topped consensus revenue estimates four times over the last four quarters.Investors should be mindful of","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/hYDVEF34jJNULlluFRTwjg--~B/aD05MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/39dfb058875b6e691de9136bc97a47b4","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/hYDVEF34jJNULlluFRTwjg--~B/aD05MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/39dfb058875b6e691de9136bc97a47b4"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-hotel-properties-inn-q3-230511660.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INN","BHR"],"gpt_icon":0},{"id":"2481199563","title":"Summit Hotel Properties: Q3 Earnings Snapshot","url":"https://stock-news.laohu8.com/highlight/detail?id=2481199563","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481199563?lang=en_us&edition=fundamental","pubTime":"2024-11-05 06:02","pubTimestamp":1730757756,"startTime":"0","endTime":"0","summary":"AUSTIN, Texas  — AUSTIN, Texas  — Summit Hotel Properties Inc.  on Monday reported a key measure of profitability in its third quarter. The results beat Wall Street expectations.The real estate investment trust, based in Austin, Texas, said it had funds from operations of $27.6 million, or 22 cents per share, in the period.The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 20 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had a loss of $4.3 million, or 4 cents per share.The real estate investment trust specializing in higher end hotels, based in Austin, Texas, posted revenue of $176.8 million in the period.Summit Hotel Properties expects full-year funds from operations in the range of 92 cents to 98 cents per share.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-hotel-properties-q3-earnings-220236049.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INN"],"gpt_icon":0},{"id":"2481681515","title":"Summit Hotel Properties reports Q3 adjusted AFFO 22c, consensus 20c","url":"https://stock-news.laohu8.com/highlight/detail?id=2481681515","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481681515?lang=en_us&edition=fundamental","pubTime":"2024-11-05 05:47","pubTimestamp":1730756826,"startTime":"0","endTime":"0","summary":"Reports Q revenue $, consensus $181.3M. Reports Q3 Same Store RevPAR up 0.2% to $120.28 compared to the Q3 quarter of 2023. Reports Q3 Pro forma Re...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/summit-hotel-properties-reports-q3-adjusted-affo-22c-consensus-20c?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/summit-hotel-properties-reports-q3-adjusted-affo-22c-consensus-20c?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4218","INN","BK4181"],"gpt_icon":0},{"id":"2481568362","title":"Summit Hotel Properties Q3 2024 FFO $0.22 Beats $0.20 Estimate, Sales $176.807M Miss $181.296M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2481568362","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481568362?lang=en_us&edition=fundamental","pubTime":"2024-11-05 05:46","pubTimestamp":1730756790,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties (NYSE:INN) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.20 by 10 percent. This is unchanged from the same period last year.  The company reported","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/24/11/41730390/summit-hotel-properties-q3-2024-ffo-0-22-beats-0-20-estimate-sales-176-807m-miss-181-296m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["INN"],"gpt_icon":0},{"id":"2481255724","title":"BRIEF-Summit Hotel Properties Q3 Adjusted FFO Per Share USD 0.22","url":"https://stock-news.laohu8.com/highlight/detail?id=2481255724","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481255724?lang=en_us&edition=fundamental","pubTime":"2024-11-05 05:30","pubTimestamp":1730755856,"startTime":"0","endTime":"0","summary":"Nov 04 (Reuters) - Summit Hotel Properties Q3 net income USD -4.272 million. * Q3 FFO per share USD 0.19 * Q3 hotel EBITDA margin 33.8% * Q3 revpar USD 120.02","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4218","USD","BK4181","INN"],"gpt_icon":0},{"id":"2481572575","title":"Summit Hotel Properties Outlook FY Pro Forma Revpar Growth 1.00 %2.00 %","url":"https://stock-news.laohu8.com/highlight/detail?id=2481572575","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481572575?lang=en_us&edition=fundamental","pubTime":"2024-11-05 05:30","pubTimestamp":1730755811,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241104:nTUABN8RFF:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4181","INN","BK4218"],"gpt_icon":0},{"id":"2481574675","title":"Summit Hotel Properties Q3 Adjusted Ffo per Share USD 0.22","url":"https://stock-news.laohu8.com/highlight/detail?id=2481574675","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481574675?lang=en_us&edition=fundamental","pubTime":"2024-11-05 05:30","pubTimestamp":1730755811,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241104:nPLXF496D0:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4218","INN","BK4181"],"gpt_icon":0}],"profile":{"websiteUrl":"http://www.shpreit.com","stockEarnings":[{"period":"1week","weight":0.0179},{"period":"1month","weight":0.1217},{"period":"3month","weight":-0.0257},{"period":"6month","weight":0.1678},{"period":"1year","weight":0.0302},{"period":"ytd","weight":0.0149}],"compareEarnings":[{"period":"1week","weight":-0.0216},{"period":"1month","weight":0.0011},{"period":"3month","weight":0.0403},{"period":"6month","weight":0.0857},{"period":"1year","weight":0.2506},{"period":"ytd","weight":0.2437}],"compareStock":{"symbol":"SPY","name":"SPDR S&P 500 ETF Trust"},"description":"Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded lodging properties with efficient operating models primarily in the upscale segment of the lodging industry. 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Introduction