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 ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Summit Hotel Properties (INN) Analysis - Summit Hotel Properties (INN) has shown a four-week price change of 3.6%, indicating growing investor interest [4] - INN has gained 7% over the past 12 weeks, with a beta of 2.04, suggesting it moves 104% higher than the market [5] - The stock has a Momentum Score of B, indicating a favorable time to invest [6] Group 3: Earnings Estimates and Valuation - INN has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors and drive the stock price up [7] - The stock is trading at a Price-to-Sales ratio of 0.96, indicating it is relatively cheap at present [7] Group 4: Additional Investment Opportunities - INN is part of a broader list of stocks that meet the criteria for "Fast-Paced Momentum at a Bargain," suggesting further investment opportunities [8] - There are over 45 Zacks Premium Screens available for investors to identify potential winning stocks based on their investment style [9]

Have you been paying attention to shares of Summit Hotel Properties (INN) ? Shares have been on the move with the stock up 11.7% over the past month. The stock hit a new 52-week high of $7.22 in the previous session. Summit Hotel Properties has gained 6.3% since the start of the year compared to the 18.1% move for the Zacks Finance sector and the 6.7% return for the Zacks REIT and Equity Trust - Other industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, a ...

Core Insights - The article emphasizes the importance of value investing as a preferred strategy for identifying strong stocks in various market conditions [2] - Zacks has developed a Style Scores system to highlight stocks with specific traits, particularly for value investors [3] - Summit Hotel Properties (INN) is identified as a stock to watch, currently holding a Zacks Rank of 2 (Buy) and a Value grade of A [4] Company Metrics - INN has a P/E ratio of 7.24, significantly lower than the industry average P/E of 17, indicating potential undervaluation [4] - The Forward P/E for INN has fluctuated between 6.04 and 9.71 over the past year, with a median of 7.03 [4] - INN's P/CF ratio stands at 5.78, compared to the industry's average P/CF of 16.92, further suggesting that the company may be undervalued [5] - Over the past 52 weeks, INN's P/CF has ranged from 3.83 to 5.85, with a median of 4.69 [5] - The combination of these metrics indicates that INN is likely undervalued and presents an impressive value opportunity [6]

AUSTIN, Texas, Sept. 23, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the third quarter of 2024 on Monday, November 4, 2024, after the market closes. The Company will conduct its quarterly conference call on Tuesday, November 5, 2024, at 9:00 AM ET. 1. To access the conference call, please pre-register using this link. Registrants will receive a confirmation with dial-in details. 2. A live webcast of the conference c ...

AUSTIN, Texas, Sept. 11, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced the publication of its annual Corporate Responsibility Report, which presents the Company's ongoing commitment to creating long-term shareholder value by investing responsibly, safeguarding the environment, and supporting its employees, communities, and other stakeholders. "I am pleased to share the continued progress we made in advancing our Environmental, Social, and Governance (ESG) pro ...

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 ...

Over the last four quarters, the company has surpassed consensus FFO estimates four times. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately. Summit Hotel Properties (INN) came out with quarterly funds from operations (FFO) of $0.29 per share, beating the Zacks Consensus Estimate ...

| --- | --- | --- | --- | |-------------------------------------------------------------------------------|----------------------|------------------------|-------------------------| | Sold Properties: | Transaction \nDate | June \n2024 \n(Total | 30, \n2023 \nPortfolio) | | Courtyard by Marriott and SpringHill Suites - New Orleans, LA | April 2024 | Partial Period | Full Period | | Hilton Garden Inn - College Station, TX | April 2024 | Partial Period | Full Period | | Hyatt Place - Dallas (Plano), TX | Febr ...