Summit Hotel Properties (INN) Market Cap
Market Cap: $597.21M
Avg Volume: 726.29K
Industry: REIT - Hotel & Motel
Sector: Real Estate
Market Cap Overview
Market Cap
$597.21M
Share Price
$5.44
Shares Outstanding
109.78M
What is Summit Hotel Properties's Market Cap?
Summit Hotel Properties's current Market Cap as of today is $597.21M.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Summit Hotel Properties, the market cap is calculated as $5.44 x 109.78M shares = $597.21M.
As a Small Cap company, Summit Hotel Properties is a smaller company that may offer growth opportunities.
Summit Hotel Properties Historical Market Cap
Summit Hotel Properties Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Summit Hotel Properties, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Summit Hotel Properties's enterprise value as of December 31, 2024 (Q4 2024) is calculated as:
- Market Cap: $597.21M
- Total Debt: $1.42B
- Cash and Equivalents: $40.64M
- Enterprise Value: $2.11B
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
Summit Hotel Properties Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $597.21M | -17.69% |
| 2024 | $725.60M | 2.30% |
| 2023 | $709.28M | -6.57% |
| 2022 | $759.13M | -25.55% |
| 2021 | $1.02B | 8.67% |
| 2020 | $938.31M | -26.81% |
| 2019 | $1.28B | 27.15% |
| 2018 | $1.01B | -33.40% |
| 2017 | $1.51B | 8.71% |
| 2016 | $1.39B | 35.63% |
| 2015 | $1.03B | -3.17% |
| 2014 | $1.06B | 67.54% |
| 2013 | $632.94M | 97.60% |
| 2012 | $320.31M | 24.39% |
| 2011 | $257.50M | -2.58% |
| 2010 | $264.32M | -84.30% |
| 2009 | $1.68B | -6.56% |
| 2008 | $1.80B | N/A |
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