William Conkling - Summit Hotel Ex CFO

INN-PE Preferred Stock  USD 20.95  0.04  0.19%   

Insider

William Conkling is Ex CFO of Summit Hotel Properties
Phone512-538-2300
Webhttps://www.shpreit.com

William Conkling Latest Insider Activity

Tracking and analyzing the buying and selling activities of William Conkling against Summit Hotel preferred stock is an integral part of due diligence when investing in Summit Hotel. William Conkling insider activity provides valuable insight into whether Summit Hotel is net buyers or sellers over its current business cycle. Note, Summit Hotel insiders must abide by specific rules, including filing SEC forms every time they buy or sell Summit Hotel'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Summit Hotel Management Efficiency

Summit Hotel's management efficiency ratios could be used to measure how well Summit Hotel manages its routine affairs as well as how well it operates its assets and liabilities.
Summit Hotel Properties has accumulated 1.07 B in total debt with debt to equity ratio (D/E) of 83.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Summit Hotel Properties has a current ratio of 2.86, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Summit Hotel until it has trouble settling it off, either with new capital or with free cash flow. So, Summit Hotel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Summit Hotel Properties sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Summit to invest in growth at high rates of return. When we think about Summit Hotel's use of debt, we should always consider it together with cash and equity.

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Summit Hotel Properties, Inc. is a publicly-traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of May 1, 2019, the Companys portfolio consisted of 69 hotels with a total of 10,714 guestrooms located in 24 states. Summit Hotel operates under REIT - Hotel Motel classification in USA and is traded on New York Stock Exchange. It employs 57 people. Summit Hotel Properties (INN-PE) is traded on New York Stock Exchange in USA. It is located in 13215 Bee Cave Parkway, Austin, TX, United States, 78738 and employs 63 people. Summit Hotel is listed under Trading category by Fama And French industry classification.

Management Performance

Summit Hotel Properties Leadership Team

Elected by the shareholders, the Summit Hotel's board of directors comprises two types of representatives: Summit Hotel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Summit. The board's role is to monitor Summit Hotel's management team and ensure that shareholders' interests are well served. Summit Hotel's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Summit Hotel's outside directors are responsible for providing unbiased perspectives on the board's policies.
William Conkling, Ex CFO
Christopher Eng, Exec Officer
Adam Wudel, Sr Markets
Jonathan Stanner, CEO Pres
Paul Ruiz, VP Officer

Summit Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Summit Hotel a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Summit Preferred Stock

Summit Hotel financial ratios help investors to determine whether Summit Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Summit with respect to the benefits of owning Summit Hotel security.