Summit Hotel Properties P/S 2024

Summit Hotel Properties P/S

0.86

Summit Hotel Properties Dividend yield

3.59 %

Ticker

INN

ISIN

US8660821005

WKN

A1H7RF

As of Jun 3, 2024, Summit Hotel Properties's P/S ratio stood at 0.86, a -9.47% change from the 0.95 P/S ratio recorded in the previous year.

The Summit Hotel Properties P/S history

Summit Hotel Properties Aktienanalyse

What does Summit Hotel Properties do?

Summit Hotel Properties Inc is a real estate investment trust (REIT) specializing in the acquisition, ownership, and management of high-quality hotels in the US. The company was founded in 2011 and is headquartered in Austin, Texas. It is publicly traded on the New York Stock Exchange under the ticker symbol INN. The business model of Summit Hotel Properties is to grow by acquiring established hotels in strategically favorable locations. The company focuses on broad diversification through the acquisition of hotels in different market segments. The funds used for these acquisitions come from the sale of shares to private and institutional investors. Summit Hotel Properties operates hotels in various market segments, including full-service, select-service, and extended-stay hotels. Full-service hotels offer all the amenities and services to provide guests with a convenient and enjoyable experience. Select-service hotels offer fewer amenities and services than full-service hotels but are still of high quality. Extended-stay hotels provide a special type of accommodation designed for longer stays. Currently, Summit Hotel Properties operates over 70 hotels in 24 states. The company collaborates with renowned hotel brands such as Marriott, Hilton, and Hyatt to leverage the best of their offerings. In addition to hotel management, Summit Hotel Properties also engages in a range of real estate development projects. The company invests in creating new hotels that meet market demands and can provide a high level of comfort through modern facilities and technology. The goal is to continuously expand the hotel portfolio and grow the business. Summit Hotel Properties is a dynamic company with a strong focus on quality and customer satisfaction. It aims to continue its growth trajectory and operate and develop high-quality hotels in the US. Overall, Summit Hotel Properties is a significant force in the US hotel market, constantly striving to provide guests with a high-quality and enjoyable experience. With its broad diversification and solid business model, Summit Hotel Properties remains a leading player in the US hotel market. Summit Hotel Properties ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Summit Hotel Properties's P/S Ratio

Summit Hotel Properties's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Summit Hotel Properties's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Summit Hotel Properties's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Summit Hotel Properties’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Summit Hotel Properties Stock

What is the price-to-earnings ratio of Summit Hotel Properties?

The price-earnings ratio of Summit Hotel Properties is currently 0.86.

How has the price-earnings ratio of Summit Hotel Properties changed compared to last year?

The price-to-earnings ratio of Summit Hotel Properties has increased by -9.47% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Summit Hotel Properties high compared to other companies?

Yes, the price-to-earnings ratio of Summit Hotel Properties is high compared to other companies.

How does an increase in the price-earnings ratio of Summit Hotel Properties affect the company?

An increase in the price-earnings ratio of Summit Hotel Properties would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Summit Hotel Properties affect the company?

A decrease in the price-earnings ratio of Summit Hotel Properties would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Summit Hotel Properties?

Some factors that influence the price-earnings ratio of Summit Hotel Properties are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Summit Hotel Properties pay?

Over the past 12 months, Summit Hotel Properties paid a dividend of 0.22 USD . This corresponds to a dividend yield of about 3.59 %. For the coming 12 months, Summit Hotel Properties is expected to pay a dividend of 0.22 USD.

What is the dividend yield of Summit Hotel Properties?

The current dividend yield of Summit Hotel Properties is 3.59 %.

When does Summit Hotel Properties pay dividends?

Summit Hotel Properties pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Summit Hotel Properties?

Summit Hotel Properties paid dividends every year for the past 0 years.

What is the dividend of Summit Hotel Properties?

For the upcoming 12 months, dividends amounting to 0.22 USD are expected. This corresponds to a dividend yield of 3.6 %.

In which sector is Summit Hotel Properties located?

Summit Hotel Properties is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Summit Hotel Properties kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Summit Hotel Properties from 5/31/2024 amounting to 0.08 USD, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.

When did Summit Hotel Properties pay the last dividend?

The last dividend was paid out on 5/31/2024.

What was the dividend of Summit Hotel Properties in the year 2023?

In the year 2023, Summit Hotel Properties distributed 0.08 USD as dividends.

In which currency does Summit Hotel Properties pay out the dividend?

The dividends of Summit Hotel Properties are distributed in USD.

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Andere Kennzahlen von Summit Hotel Properties

Our stock analysis for Summit Hotel Properties Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Summit Hotel Properties Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.