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Summit Hotel Properties

3.99

-0.0750-1.85%

Volume:62.54K

Turnover:249.59K

Market Cap:443.86M

PE:18.09

High:4.03

Open:4.03

Low:3.94

Close:4.06

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Overview Company News Filings

Summit Hotel Properties upgraded to Neutral at BofA on core real estate value

BofA Upgrades Summit Hotel Properties to Neutral

MT Newswires Live

Summit Hotel Properties upgraded to Neutral from Underperform at BofA

INN or OHI: Which Is the Better Value Stock Right Now?

Summit Hotel Properties Inc expected to post a loss of 2 cents a share - Earnings Preview

Summit Hotel Properties Keeps Q1 Cash Dividend at $0.08 a Share, Payable May 30 to Holders May 16

MT Newswires Live

Press Release: SUMMIT HOTEL PROPERTIES DECLARES FIRST QUARTER 2025 DIVIDENDS

Is the Options Market Predicting a Spike in Summit Hotel Properties Stock?

Longeveron® Issues Letter to Shareholders Highlighting Corporate Strategy, Recent Progress and Key Priorities and Goals for 2025

BofA Securities Adjusts Summit Hotel Properties Price Target to $5 From $7

MT Newswires Live

IPAX-Linz Study Reports Promising Efficacy for TLX101 Glioma Therapy Candidate

Innocan Pharma Announces Closing of Private Placement

Innocan Pharma Broadens Intellectual Property Coverage for its Liposomal CBD Injection Across Asia and Announces Private Placement of Units

Remsense Technologies Teams Up With Investor-Focused News Platform; Shares Down 12%

MT Newswires Live

How Much Would It Take To Earn $100 A Month From Summit Hotel Properties Stock

BRIEF-Summit Hotel Properties Completes $275 Million Delayed Draw Term Loan Financing

Summit Hotel Properties Completes $275 Million Delayed Draw Term Loan Financing

THOMSON REUTERS

Press Release: SUMMIT HOTEL PROPERTIES COMPLETES $275 MILLION DELAYED DRAW TERM LOAN FINANCING

Innocan Pharma Reports Full Year 2024 Results with Revenues more than Doubling to US $29.4 million

Press Release: Marker Therapeutics Reports Year-End 2024 Corporate and Financial Results

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Summit’s fin...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/summit-hotel-properties-upgraded-to-neutral-at-bofa-on-core-real-estate-value?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/summit-hotel-properties-upgraded-to-neutral-at-bofa-on-core-real-estate-value?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["INN"],"gpt_icon":0},{"id":"2531303435","title":"BofA Upgrades Summit Hotel Properties to Neutral","url":"https://stock-news.laohu8.com/highlight/detail?id=2531303435","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531303435?lang=en_us&edition=fundamental","pubTime":"2025-04-30 20:24","pubTimestamp":1746015895,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties (INN) has an average rating of hold and mean price target of $7.12, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from ma","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["INN"],"gpt_icon":0},{"id":"2531082350","title":"Summit Hotel Properties upgraded to Neutral from Underperform at BofA","url":"https://stock-news.laohu8.com/highlight/detail?id=2531082350","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531082350?lang=en_us&edition=fundamental","pubTime":"2025-04-30 18:18","pubTimestamp":1746008316,"startTime":"0","endTime":"0","summary":"BofA upgraded Summit Hotel Properties (INN) to Neutral from Underperform with a $5 price target Published first on TheFly – the ultimate source for...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/summit-hotel-properties-upgraded-to-neutral-from-underperform-at-bofa?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/summit-hotel-properties-upgraded-to-neutral-from-underperform-at-bofa?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["INN"],"gpt_icon":0},{"id":"2531764023","title":"INN or OHI: Which Is the Better Value Stock Right Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2531764023","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531764023?lang=en_us&edition=fundamental","pubTime":"2025-04-29 23:40","pubTimestamp":1745941209,"startTime":"0","endTime":"0","summary":"Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Summit Hotel Properties  and Omega Healthcare Investors . But which of these two stocks is more attractive to value investors?We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.Both Summit Hotel Properties and Omega Healthcare Investors have a Zacks Rank of # 2  right now. Investors should feel comfortable knowing that both of these stocks have an improving earnings outlook since the Zacks Rank favors companies that have witnessed positive analyst estimate revisions. 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The Company's first quarter common dividend represents an annualized dividend yield of 8.2 percent based on the closing price of shares of the common stock on April 23, 2025.The Board of Directors has also authorized, and the Company has declared, a cash dividend of $0.390625 per share of the Company's 6.25% Series E Cumulative Redeemable Preferred Stock for the dividend period ending on May 31, 2025, and a cash dividend of $0.3671875 per share of the Company's 5.875% Series F Cumulative Redeemable Preferred Stock for the dividend period ending on May 31, 2025.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["H15.SI","BK4218","INN","BK6505","BK4181","BK6059"],"gpt_icon":0},{"id":"2529365656","title":"Is the Options Market Predicting a Spike in Summit Hotel Properties Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2529365656","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529365656?lang=en_us&edition=fundamental","pubTime":"2025-04-23 20:48","pubTimestamp":1745412480,"startTime":"0","endTime":"0","summary":"Investors in Summit Hotel Properties, Inc. INN need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 20, 2025 $7.50 Call had some of the highest implied volatility of all equity options today.Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.Clearly, options traders are pricing in a big move for Summit Hotel Properties shares, but what is the fundamental picture for the company?Want the latest recommendations from Zacks Investment Research?Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report. Summit Hotel Prop","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/options-market-predicting-spike-summit-124800240.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INN","BK4181","BK4218"],"gpt_icon":0},{"id":"2529552636","title":"Longeveron® Issues Letter to Shareholders Highlighting Corporate Strategy, Recent Progress and Key Priorities and Goals for 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2529552636","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529552636?lang=en_us&edition=fundamental","pubTime":"2025-04-23 04:05","pubTimestamp":1745352300,"startTime":"0","endTime":"0","summary":"MIAMI, April 22, 2025  -- Longeveron Inc. , a clinical stage regenerative medicine biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions, today announced that the Company’s CEO, Wa’el Hashad, issued the following letter to Longeveron shareholders.Twenty twenty-four was a year of execution for Longeveron. We made significant progress advancing Longeveron’s founding mission - developing cutting-edge cellular therapy research to impact patients’ lives for the better by addressing unmet medical needs. We have come a long way pursuing that mission and now have clarity on the pathway to our first potential Biological License Application  submission.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/longeveron-issues-letter-shareholders-highlighting-200500369.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CMC","LU2065732104.USD","BK4181","INN","LU0971096721.USD","BK4596","LU0267386448.USD","LU0170899867.USD","LU0882574139.USD","STRK","BK4218","BK4023","BK4585","IE00BZ1G4Q59.USD","BK4097","IE00B1BXHZ80.USD","BK4006","BK4600","LU0149725797.USD","PRGS","BK4516","BK4588","LU1363072403.SGD","BK4139","BK4595","IE00BHPRN162.USD","IE00BKVL7J92.USD","LGVN"],"gpt_icon":1},{"id":"2529587115","title":"BofA Securities Adjusts Summit Hotel Properties Price Target to $5 From $7","url":"https://stock-news.laohu8.com/highlight/detail?id=2529587115","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529587115?lang=en_us&edition=fundamental","pubTime":"2025-04-22 22:22","pubTimestamp":1745331767,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties (INN) has an average rating of Hold and mean price target of $7.13, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from ma","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["INN"],"gpt_icon":0},{"id":"2527640471","title":"IPAX-Linz Study Reports Promising Efficacy for TLX101 Glioma Therapy Candidate","url":"https://stock-news.laohu8.com/highlight/detail?id=2527640471","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527640471?lang=en_us&edition=fundamental","pubTime":"2025-04-16 06:37","pubTimestamp":1744756620,"startTime":"0","endTime":"0","summary":"MELBOURNE, Australia and INDIANAPOLIS, April  16, 2025  (GLOBE NEWSWIRE) -- Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, Telix, the Company) today announces preliminary results from the Phase","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/04/15/3062201/0/en/IPAX-Linz-Study-Reports-Promising-Efficacy-for-TLX101-Glioma-Therapy-Candidate.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4543","ASX","BK4141","BK4181","BK4218","OS","INN","BK4526","BK4139","TLX","BK4097"],"gpt_icon":0},{"id":"2527168914","title":"Innocan Pharma Announces Closing of Private Placement","url":"https://stock-news.laohu8.com/highlight/detail?id=2527168914","media":"CNW Group","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527168914?lang=en_us&edition=fundamental","pubTime":"2025-04-15 20:30","pubTimestamp":1744720200,"startTime":"0","endTime":"0","summary":"Each Unit is comprised of one common share of the Company  and one common share purchase warrant of the Company . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.25 for a period of four  years from the date of issuance.Iris Bincovich Innocan Pharma's CEO stated: \"It is an honour to receive the continued support of our investors, who have placed their trust in Innocan's proprietary technology\".This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended  or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/innocan-pharma-announces-closing-private-123000040.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4181","INN","BK4218","BK4007","INNPF"],"gpt_icon":0},{"id":"2525076741","title":"Innocan Pharma Broadens Intellectual Property Coverage for its Liposomal CBD Injection Across Asia and Announces Private Placement of Units","url":"https://stock-news.laohu8.com/highlight/detail?id=2525076741","media":"CNW Group","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525076741?lang=en_us&edition=fundamental","pubTime":"2025-04-08 04:01","pubTimestamp":1744056060,"startTime":"0","endTime":"0","summary":"Innovative Chronic Pain Treatment expand IP Protection in China's US$163 Billion Pharmaceutical Market. HERZLIYA, Israel and CALGARY, AB, April 7, 2025 /CNW/ -- Innocan Pharma Corporation    , a pioneer in the pharmaceutical and biotechnology industries, is pleased to announce that a divisional application for its Chinese  liposome-based CBD technology patent was filed.Following the recently granted patent in India for a prolonged-release pharmaceutical formulation using liposomes to encapsulate CBD, Innocan is actively advancing its efforts to strengthen intellectual property protection across additional Asian markets. China, thesecond-largest pharmaceutical market in the world,was valued with US $163Bn medicine spending at 2023 . The filing of this divisional application in China reflects the expertise and commitment of the Innocan team and represents a strategic step in aligning the company's intellectual property portfolio with its long-term global business objectives.This applicat","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/innocan-pharma-broadens-intellectual-property-200100111.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INN","BK4007","BK4557","INNPF","BK4218","ACB","BK4113","CBD","BK4181","CN"],"gpt_icon":0},{"id":"2524711184","title":"Remsense Technologies Teams Up With Investor-Focused News Platform; Shares Down 12%","url":"https://stock-news.laohu8.com/highlight/detail?id=2524711184","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524711184?lang=en_us&edition=fundamental","pubTime":"2025-04-03 10:55","pubTimestamp":1743648936,"startTime":"0","endTime":"0","summary":"Remsense Technologies  agreed with Investing News Network  to launch a 12-month marketing campaign to increase the company's visibility and awareness among potential investors and clients, according to a Wednesday filing with the Australian bourse.The company issued INN 457,627 shares valued at AU$27,000 for the campaign, which involves the distribution of company news and content across investment-focused channels, the filing said.Remsense Technologies shares fell nearly 12% in afternoon trade Thursday.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4218","INN","REM.AU","BK4181","BK7055"],"gpt_icon":0},{"id":"2524473538","title":"How Much Would It Take To Earn $100 A Month From Summit Hotel Properties Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2524473538","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524473538?lang=en_us&edition=fundamental","pubTime":"2025-04-03 09:00","pubTimestamp":1743642034,"startTime":"0","endTime":"0","summary":"Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.Summit Hotel Properties  is a publicly traded real estate investment trust focused on owning premium-branded lodging facilities with efficient operating models primarily in the upscale segment of the lodging industry.It will report its Q1 2025 earnings on April 30. Wall Street analysts expect the company to post EPS of $183.56 million, down from $188.14 million in the prior-year period.The 52-week range of Summit Hotel Properties stock price was $5.28 to $7.22.Summit Hotel Properties' dividend yield is 5.93%. It paid $0.32 per share in dividends during the last 12 months.How Can You Earn $100 Per Month As A Summit Hotel Properties Investor?If you want to make $100 per month — $1,200 annually — from Summit Hotel Properties dividends, your investment value needs to be approximately $20,236, which is around 3,747 shares at $5.40 each.For instance, assume a stock that pays $2 as an annual di","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/much-earn-100-month-summit-010034035.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["US2Y.BOND","US3Y.BOND","BK4181","US12M.BOND","BK4218","US30Y.BOND","US10Y.BOND","US6M.BOND","US7Y.BOND","INN","US5Y.BOND"],"gpt_icon":0},{"id":"2524761905","title":"BRIEF-Summit Hotel Properties Completes $275 Million Delayed Draw Term Loan Financing","url":"https://stock-news.laohu8.com/highlight/detail?id=2524761905","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524761905?lang=en_us&edition=fundamental","pubTime":"2025-04-01 06:25","pubTimestamp":1743459958,"startTime":"0","endTime":"0","summary":"BRIEF-Summit Hotel Properties Completes $275 Million Delayed Draw Term Loan FinancingMarch 31 (Reuters) - Summit Hotel Properties Inc INN.N:SUMMIT HOTEL PROPERTIES COMPLETES $275 MILLION DELAYED DRAW ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250331:nTUA8LLXTC:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4181","INN","BK4218"],"gpt_icon":0},{"id":"2524944970","title":"Summit Hotel Properties Completes $275 Million Delayed Draw Term Loan Financing","url":"https://stock-news.laohu8.com/highlight/detail?id=2524944970","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524944970?lang=en_us&edition=fundamental","pubTime":"2025-04-01 05:00","pubTimestamp":1743454803,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250331:nTUA8LLXTC:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["INN","BK4181","BK4218"],"gpt_icon":0},{"id":"2524097099","title":"Press Release: SUMMIT HOTEL PROPERTIES COMPLETES $275 MILLION DELAYED DRAW TERM LOAN FINANCING","url":"https://stock-news.laohu8.com/highlight/detail?id=2524097099","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524097099?lang=en_us&edition=fundamental","pubTime":"2025-04-01 05:00","pubTimestamp":1743454800,"startTime":"0","endTime":"0","summary":"AUSTIN, Texas, March 31, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc.   today announced that it has successfully closed on a new $275 million senior unsecured term loan .  The Company expects to utilize future proceeds from the Term Loan to repay the majority of the Company's outstanding $287.5 million 1.50% Convertible Senior Notes maturing in February 2026.  The Term Loan includes a delayed draw feature available to the Company through March 1, 2026, that will enable the Company to preserve the attractive 1.50% interest rate on the Convertible Senior Notes through the scheduled maturity date.The transaction included Bank of America, N.A., as administrative agent, Wells Fargo Bank, N.A., as syndication agent, Capital One, National Association, Huntington National Bank, JPMorgan Chase Bank, N.A., Truist Securities, Inc., U.S. Bank National Association and Raymond James Bank, as co-documentation agents, Wells Fargo Securities LLC, BofA Securities, Inc., Capital One, National Assoc","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["INN","LU0029864427.USD","LU1506573853.SGD","LU2361044865.SGD","LU0072461881.USD","LOAN","LU0640476718.USD","LU0648001328.SGD","H15.SI","BK4559","LU1267930573.SGD","LU1267930490.SGD","BK4585","LU1363072403.SGD","LU2361045086.USD","LU1791807156.HKD","LU0314106906.USD","LU0251131958.USD","BK6505","LU0048573561.USD","IE00B19Z3B42.SGD","BK4501","LU0980610538.SGD","LU0130517989.USD","LU0310800965.SGD","LU0070302665.USD","LU0320765489.SGD","LU0154236417.USD","IE00B19Z3581.USD","LU0742534661.SGD","LU2361044949.HKD","LU0267386448.USD","LU0683600562.USD","LU0708994859.HKD","LU2236285917.USD","TERM","LU0128525689.USD","LU0208291251.USD","LU1069347547.HKD","LU0211327993.USD","LU0417517546.SGD","BK4181","LU1201861249.SGD","LU0256863811.USD","LU1280957306.USD","BK4218","BK4207","LU0211328371.USD","LU0162691827.USD","LU1814569148.SGD"],"gpt_icon":0},{"id":"2524090862","title":"Innocan Pharma Reports Full Year 2024 Results with Revenues more than Doubling to US $29.4 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2524090862","media":"CNW Group","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524090862?lang=en_us&edition=fundamental","pubTime":"2025-04-01 04:01","pubTimestamp":1743451260,"startTime":"0","endTime":"0","summary":"HERZLIYA, Israel and CALGARY, AB, March 31, 2025 /CNW/ -- Innocan Pharma Corporation    , a pharmaceutical technology company focusing on developing innovative drug delivery platform technologies is pleased to announce its audited financial consolidated results for the year ended December 31, 2024.Revenues increased 114.6% year-over-year to US$29.4 million, compared to US$13.7 million in 2023. This significant increase in revenue was primarily due to the robust sales performance of Innocan's subsidiary, BI Sky Global Ltd.Gross Profit increased 118.6% year-over-year to US$26.2 million for the year ended December 31, 2024, compared to US$12.0 million for 2023.Operating loss decreased by 67% to US$1.2 million in 2024, compared to US$3.8 in 2023.Iris Bincovich, the CEO of Innocan commented: \"We are delighted with our strong financial performance in 2024, concluding with outstanding year-end results. 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Secured over $13 million in non-dilutive funding from the Cancer Prevention & Research Institute of Texas  and the National Institute of Health  Small Business Innovation Research  to support pancreatic and lymphoma clinical programs. Approval from United States Adopted Name  council and International Nonproprietary Names  expert committee for \"neldaleucel\" as nonproprietary name for MT-601. 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