Summit Hotel Properties Inc

Chart & Performance

D1W1MN

Profile

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Company's portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.

URL

https://www.shpreit.com/

IPO date

Feb 09, 2011

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	731,783 -0.59%	736,127 8.94%	675,695 86.69%
Cost of revenue	504,036	529,087	467,999
Unusual Expense (Income)
NOPBT	227,747	207,040	207,696
NOPBT Margin	31.12%	28.13%	30.74%
Operating Taxes	(8,743)	2,798	3,611
Tax Rate		1.35%	1.74%
NOPAT	236,490	204,242	204,085
Net income	25,141 -364.95%	(9,489) -747.27%	1,466 -102.14%
Dividends	(36,875)	(45,774)	(28,389)
Dividend yield	4.07%	6.45%	3.74%
Proceeds from repurchase of equity	(939)	(1,801)	(2,456)
BB yield	0.10%	0.25%	0.32%
Debt
Debt current		19,190	215,000
Long-term debt	49,742	1,465,426	1,502,764
Deferred revenue			1,564,101
Other long-term liabilities	1,478,863	(183,074)	(1,589,585)
Net debt	(2,737,235)	1,418,863	1,649,668
Cash flow
Cash from operating activities	166,323	153,641	169,615
CAPEX		(89,580)	(76,469)
Cash from investing activities	(71,499)	(101,958)	(290,513)
Cash from financing activities	(94,234)	(65,723)	85,762
FCF	115,871	525,003	293,978
Balance
Cash	2,786,977	51,795	51,255
Long term investments		13,958	16,841
Excess cash	2,750,388	28,947	34,311
Stockholders' equity	(286,565)	157,800	225,867
Invested Capital	3,175,345	2,643,449	3,061,682
ROIC	8.13%	7.16%	7.18%
ROCE	7.88%	7.75%	6.65%
EV
Common stock shares outstanding	132,365	105,548	105,142
Price	6.85 1.93%	6.72 -6.93%	7.22 -26.02%
Market cap	906,700 27.83%	709,283 -6.57%	759,125 -25.55%
EV	(1,780,316)	2,613,751	2,907,253
EBITDA	374,183	357,964	357,856
EV/EBITDA		7.30	8.12
Interest	82,632	86,798	65,581
Interest/NOPBT	36.28%	41.92%	31.58%