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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	736,127 8.94%	675,695 86.69%	361,926 54.36%
Cost of revenue	529,087	467,999	283,899
Unusual Expense (Income)
NOPBT	207,040	207,696	78,027
NOPBT Margin	28.13%	30.74%	21.56%
Operating Taxes	2,798	3,611	1,473
Tax Rate	1.35%	1.74%	1.89%
NOPAT	204,242	204,085	76,554
Net income	(9,489) -747.27%	1,466 -102.14%	(68,584) -54.05%
Dividends	(45,774)	(28,389)	(15,521)
Dividend yield	6.45%	3.74%	1.52%
Proceeds from repurchase of equity	(1,801)	(2,456)	18,923
BB yield	0.25%	0.32%	-1.86%
Debt
Debt current	19,190	215,000	343,500
Long-term debt	1,465,426	1,502,764	1,104,261
Deferred revenue		1,564,101	1,157,710
Other long-term liabilities	(183,074)	(1,589,585)	(1,174,942)
Net debt	1,418,863	1,649,668	(703,661)
Cash flow
Cash from operating activities	153,641	169,615	66,051
CAPEX	(89,580)	(76,469)	(20,356)
Cash from investing activities	(101,958)	(290,513)	(74,244)
Cash from financing activities	(65,723)	85,762	66,241
FCF	525,003	293,978	226,913
Balance
Cash	51,795	51,255	64,485
Long term investments	13,958	16,841	2,086,937
Excess cash	28,947	34,311	2,133,326
Stockholders' equity	157,800	225,867	(117,992)
Invested Capital	2,643,449	3,061,682	2,621,033
ROIC	7.16%	7.18%	2.84%
ROCE	7.75%	6.65%	3.10%
EV
Common stock shares outstanding	105,548	105,142	104,471
Price	6.72 -6.93%	7.22 -26.02%	9.76 8.32%
Market cap	709,283 -6.57%	759,125 -25.55%	1,019,637 8.67%
EV	2,613,751	2,907,253	475,199
EBITDA	357,964	357,856	183,982
EV/EBITDA	7.30	8.12	2.58
Interest	86,798	65,581	43,368
Interest/NOPBT	41.92%	31.58%	55.58%