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How to Buy Summit Hotel Properties Stock

Summit Hotel Properties Inc

Summit Hotel Properties is a hotel & motel REIT company located in Texas, United States, which is part of the Real Estate sector, and is traded under the ticker INN on the NYSE exchange.

Summit Hotel Properties stock last closed at $6.13, up 0.99% from the previous day, and has decreased 0.49% in one year. It has underperformed other stocks in the REIT - Hotel & Motel industry by 0.13 percentage points. Summit Hotel Properties stock is currently +15.44% from its 52-week low of $5.31, and -15.56% from its 52-week high of $7.26.

There are currently 107.59M INN shares outstanding. The market cap of INN is $659.55M. In the last 24 hours, 427,044 INN shares were traded.

How to Buy Summit Hotel Properties Stock

Wondering how to invest in Summit Hotel Properties stock? Here's how.
  1. Decide where to buy Summit Hotel Properties stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Summit Hotel Properties stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Select your method of payment and add your information.
  4. Research Summit Hotel Properties stock: The Summit Hotel Properties ticker symbol is INN. Is Summit Hotel Properties stock a good investment? Should you buy shares of INN? How do INN's underlying business fundamentals look? Do top analysts think Summit Hotel Properties is a good buy? Why has INN's stock price moved recently? (Hint: Our stock research website can help you evaluate if INN is a good stock to buy).
  5. Place your INN trade: Decide if you will purchase INN shares at the current market price or use a limit order to purchase INN stock at a given price.
  6. Watch your INN investment: Create a watchlist to watch your investment in Summit Hotel Properties shares.

Step 1: Decide where to buy Summit Hotel Properties stock

You will need an online brokerage account in order to access the NYSE market and buy INN shares.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal information so you are able to buy INN stock today.

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Step 3: Deposit funds into your investment account

Now that you have created your account on the best stock app, you can securely and quickly fund your account:

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Step 4: Research Summit Hotel Properties stock

Once you have chosen the best place to buy Summit Hotel Properties stock, it's very important to evaluate their stock prior to investing, so you can comprehend the risk and opportunity.

Summit Hotel Properties stock quick numbers

INN Price
$6.13
1w %
-0.33%
1y %
-0.49%
5y %
-47.52%
P/E
-22.7x
P/B
0.72x
P/S
0.88x
PEG
N/A
Revenue
$736.13M
Earnings
-$27.99M
Fore. Rev. Growth
1.82%
Fore. Earn. Growth
N/A
Market Cap
$659.55M
Next Earnings
May 22, 2024
Next Dividend
N/A

Summit Hotel Properties Overview

WallStreetZen was designed to help average investors do better fundamental analysis in less time.

You can see all of the due diligence checks on INN's stock page.

How is INN stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge INN's true value.

Using relative valuations metrics:

  • INN may be undervalued based on its P/B ratio of 0.72x, relative to REIT - Hotel & Motel industry P/B ratio of 1.41x

You can access additional valuation analysis on INN's stock here.

INN Financial Health Overview

Cons:

  • INN earnings of $80.11M is not enough to cover its interest payments.
  • Total INN debt is higher than 5 years ago, relative to shareholder equity.
  • INN's operating cash flow of $153.64M allows it to safely service it's debt of $1.46B.
  • INN profit margin has gone down from -2.5% to -3.8% in the past year.
  • INN has a relatively high debt to equity ratio of 1.69.

You can dive deeper into what analysts are saying on the Summit Hotel Properties stock forecast page.

INN Technical Indicators

SMA10
6.23
SMA20
6.35
SMA50
6.4
SMA100
6.5
SMA200
6.21
MACD
-0.07
MACD Signal
-0.04
MACD Histogram
-0.03
RSI
42.39
Stochastic %K
15.79
Stochastic %D
27.89
StochRSI %K
16.16
StochRSI %D
28.58

INN Earnings

Last year, INN revenue was $736.13M. During the past five year, INN's revenue has increased by 5.35% per year. This was faster than the REIT - Hotel & Motel industry average of 1.81%.

You can research INN's earnings and revenue performance here.

Who is buying/selling INN?

Over the past year, insiders at INN have not bought or sold any shares.

Dig into more about who owns INN stock here.

Does INN stock generate passive income?

Summit Hotel Properties pays a dividend of 3.92%, compared to the REIT - Hotel & Motel industry's average dividend yield of 4.82%. If you owned $1,000 worth of INN stock, you would have been paid $39.15 in the past year.

Summit Hotel Properties dividend payments have not consistently grown over the past decade and have not remained stable.

Get more data about Summit Hotel Properties dividend yield and history here.

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Step 5: Place your INN trade

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually sufficient.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price, use a limit order.

Press the Open button and eToro will execute your order.

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Step 6: Watch your INN investment

Now that you own some shares in INN, you'll want to stay up-to-date on your company.

Start a watchlist to get notified of important updates regarding your INN stock.

INN Feed

How to Buy Stock in Summit Hotel Properties

To reiterate, here are the 6 steps to buy stock in Summit Hotel Properties:

  1. Decide where to buy Summit Hotel Properties stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Research Summit Hotel Properties stock
  5. Place your INN trade
  6. Watch your INN investment

If you need a brokerage, eToro is our favorite option.

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If you would like to get notifications regarding your investment in Summit Hotel Properties, click the button below.

NYSE: INN
$6.13+0.06 (+0.99%)
Updated Apr 26, 2024
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NYSE: INN
$6.13+0.06 (+0.99%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Summit Hotel Properties share?

As of Apr 26, 2024, it costs $6.13 to buy one share of Summit Hotel Properties stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.489 shares of INN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Summit Hotel Properties stock?

One way to place an order for Summit Hotel Properties stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.