While I’m not necessarily a big fan of hotel REITs (I actually currently don’t own a single common share in any of the listed hotel REITs), some REITs have very interesting preferred shares that are available to investors. While in most casesHe is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphasis on ...

When it comes to earning investment income, one of the most relevant investment vehicles is Real Estate Investment Trusts (REITs). REITs must distribute at least 90% of their taxable earnings out as dividends. This can lead to incredibly high dividend yields, sometimes reaching into the double digits. Ultimately, REITs can provide big-time dividend income, especially if bought at the right price. They also provide exposure to the real estate market without needing to invest in and maintain physical property ...

AUSTIN, Texas, Jan. 9, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the fourth quarter and full year of 2024 on Monday, February 24, 2025, after the market closes. The Company will conduct its quarterly conference call on Tuesday, February 25, 2025, at 9:00 AM ET. To access the conference call, please pre-register using this link. Registrants will receive a confirmation with dial-in details. A live webcast of the co ...

Summit Hotel Properties, Inc. (NYSE:INN) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Adam Wudel - EVP of Corporate Development Jon Stanner - President and Chief Executive Officer Trey Conkling - Executive Vice President and Chief Financial Officer Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Michael Bellisario - Baird Chris Woronka - Deutsche Bank Operator Good day, and thank you for standing by. Welcome to the Summit Hotel Properties Q3 202 ...

Summit Hotel Properties (INN) came out with quarterly funds from operations (FFO) 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 su ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________ FORM 10-Q ____________________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period ...

Four Points San Francisco Airport Hotel Sold for $17.7 Million Subsequent to Quarter-EndAUSTIN, Texas, Nov. 4, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the three and nine months ended September 30, 2024."We are pleased with our third quarter financial results highlighted by our third consecutive quarter of Adjusted FFO growth as our accretive capital recycling program strategy offset moderate top-line growth in the quarter, that was negative ...

While I'm not a big fan of hotel REITs, this subtype of REITs sometimes has an attractive series of preferred shares in its capital structure. While this obviously reduces an investment thesis to just generating a (hopefully steady) income He is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on highquality ideas in the small-cap space, with emphasis on ca ...

AUSTIN, Texas, Oct. 24, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the third quarter ended September 30, 2024, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's third quarter common dividend represents an annualized dividend yield of 5.2 ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...