Summit Hotel Properties Stock Net Income
| INN Stock | USD 6.04 0.06 0.98% |
Summit Hotel Properties fundamentals help investors to digest information that contributes to Summit Hotel's financial success or failures. It also enables traders to predict the movement of Summit Stock. The fundamental analysis module provides a way to measure Summit Hotel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Summit Hotel stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -9.5 M | -9 M | |
| Net Loss | -28.1 M | -26.7 M | |
| Net Loss | -15.2 M | -14.5 M | |
| Net Loss | (0.09) | (0.09) | |
| Net Income Per E B T | 0.37 | 0.36 |
Summit | Net Income |
Summit Hotel Properties Company Net Income Analysis
Summit Hotel's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Summit Hotel Net Income | (9.49 M) |
Most of Summit Hotel's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Summit Hotel Properties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Summit Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Summit Hotel is extremely important. It helps to project a fair market value of Summit Stock properly, considering its historical fundamentals such as Net Income. Since Summit Hotel's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Summit Hotel's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Summit Hotel's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Summit Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Summit Hotel Properties reported net income of (9.49 Million). This is 103.81% lower than that of the Diversified REITs sector and significantly lower than that of the Real Estate industry. The net income for all United States stocks is 101.66% higher than that of the company.
Summit Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Summit Hotel's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Summit Hotel could also be used in its relative valuation, which is a method of valuing Summit Hotel by comparing valuation metrics of similar companies.Summit Hotel is currently under evaluation in net income category among its peers.
Summit Hotel ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Summit Hotel's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Summit Hotel's managers, analysts, and investors.Environmental | Governance | Social |
Summit Hotel Institutional Holders
Institutional Holdings refers to the ownership stake in Summit Hotel that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Summit Hotel's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Summit Hotel's value.| Shares | Dimensional Fund Advisors, Inc. | 2024-03-31 | 1.5 M | Charles Schwab Investment Management Inc | 2024-03-31 | 1.5 M | Balyasny Asset Management Llc | 2024-03-31 | 1.3 M | Northern Trust Corp | 2024-03-31 | 1.2 M | Barclays Plc | 2024-03-31 | 1 M | Grace & White Inc | 2024-03-31 | 1 M | Royal Bank Of Canada | 2024-03-31 | 967.2 K | Systematic Financial Management Lp | 2024-03-31 | 946.1 K | Legal & General Group Plc | 2024-03-31 | 911.2 K | Blackrock Inc | 2024-03-31 | 20.8 M | Vanguard Group Inc | 2024-03-31 | 15.1 M |
Summit Fundamentals
| Return On Equity | -0.0164 | ||||
| Return On Asset | 0.0169 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 2.53 B | ||||
| Shares Outstanding | 108.19 M | ||||
| Shares Owned By Insiders | 2.91 % | ||||
| Shares Owned By Institutions | 93.10 % | ||||
| Number Of Shares Shorted | 4.58 M | ||||
| Price To Earning | 14.60 X | ||||
| Price To Book | 0.77 X | ||||
| Price To Sales | 0.95 X | ||||
| Revenue | 736.13 M | ||||
| Gross Profit | 305.82 M | ||||
| EBITDA | 226.71 M | ||||
| Net Income | (9.49 M) | ||||
| Cash And Equivalents | 51.26 M | ||||
| Cash Per Share | 1.03 X | ||||
| Total Debt | 1.46 B | ||||
| Debt To Equity | 1.04 % | ||||
| Current Ratio | 1.92 X | ||||
| Book Value Per Share | 8.39 X | ||||
| Cash Flow From Operations | 153.64 M | ||||
| Short Ratio | 7.94 X | ||||
| Earnings Per Share | (0.24) X | ||||
| Target Price | 7.5 | ||||
| Number Of Employees | 78 | ||||
| Beta | 1.95 | ||||
| Market Capitalization | 650.23 M | ||||
| Total Asset | 2.94 B | ||||
| Retained Earnings | (339.85 M) | ||||
| Working Capital | (134.52 M) | ||||
| Current Asset | 103.54 M | ||||
| Current Liabilities | 678.8 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 5.51 % | ||||
| Net Asset | 2.94 B | ||||
| Last Dividend Paid | 0.24 |
About Summit Hotel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Summit Hotel Properties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summit Hotel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summit Hotel Properties based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Summit Stock
When determining whether Summit Hotel Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit Hotel's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit Hotel Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit Hotel Properties Stock:Check out Summit Hotel Piotroski F Score and Summit Hotel Altman Z Score analysis. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Hotel & Resort REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Hotel. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Hotel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.79) | Dividend Share 0.24 | Earnings Share (0.24) | Revenue Per Share 7.022 | Quarterly Revenue Growth 0.032 |
The market value of Summit Hotel Properties is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Hotel's value that differs from its market value or its book value, called intrinsic value, which is Summit Hotel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Hotel's market value can be influenced by many factors that don't directly affect Summit Hotel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Hotel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.