Kenneth Kay - Summit Hotel Independent Director
| INN Stock | USD 6.13 0.06 0.99% |
Director
Mr. Kenneth J. Kay is an Independent Director of the Company. Mr. Kay was a member of the Board since July 2014. Mr. Kay is currently the Chief Financial Officer of MGM Holdings, Inc., a leading entertainment company focused on the production and global distribution of film and television content. Mr. Kay is also a Managing Director of Raven LLC, an investment and advisory services firm located in Las Vegas, Nevada, a position he has held since cofounding the firm in 2012. Raven LLC provides debt and equity capital and management consulting and advisory services to small and medium sized businesses. Previously, Mr. Kay held the position of Chief Financial Officer of Las Vegas Sands Corporationration from December 2008 to July 2013, where he was responsible for all worldwide financial, planning, procurement, technology and risk aspects of the company. Prior to working for Las Vegas Sands, Mr. Kay was Senior Executive Vice President and Chief Financial Officer of CB Richard Ellis Group, Inc., a global commercial real estate services firm, from June 2002 to December 2008. Mr. Kay began his career with PricewaterhouseCoopers, primarily focusing his efforts on large, publicly owned multinational companies. After leaving public accounting, his career included senior financial and operational roles at Ameron International, Systemed Inc., Universal Studios and, just prior to CBRE, as Chief Financial Officer of Dole Food Company, Inc. . Mr. Kay is a member of the Board of Governors of Cedars Sinai Medical Center and The Board of Advisors of the USC Leventhal School of Accounting. Mr. Kay received a B.S. degree in accounting and an M.B.A. degree from the University of Southern California since 2014.
| Age | 66 |
| Tenure | 10 years |
| Address | 13215 Bee Cave Parkway, Austin, TX, United States, 78738-6723 |
| Phone | 512 538 2300 |
| Web | https://www.shpreit.com |
Summit Hotel Management Efficiency
The company has Return on Asset of 0.0159 % which means that on every $100 spent on assets, it made $0.0159 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0197) %, meaning that it generated no profit with money invested by stockholders. 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. As of the 29th of April 2024, Return On Tangible Assets is likely to grow to -0.0031. In addition to that, Return On Capital Employed is likely to drop to 0.03. At this time, Summit Hotel's Other Assets are very stable compared to the past year. As of the 29th of April 2024, Intangible Assets is likely to grow to about 48.2 M, while Total Assets are likely to drop about 1.7 B.Similar Executives
| Found 7 records | DIRECTOR Age | ||
| Murray McCabe | Sunstone Hotel Investors | 53 | |
| Keith Russell | Sunstone Hotel Investors | 74 | |
| Thomas Lewis | Sunstone Hotel Investors | 67 | |
| Jamie Behar | Sunstone Hotel Investors | 60 | |
| Blake Baird | Sunstone Hotel Investors | 57 | |
| Andrew Batinovich | Sunstone Hotel Investors | 62 | |
| Lewis Wolff | Sunstone Hotel Investors | 79 | |
Management Performance
| Return On Equity | -0.0197 | |||
| Return On Asset | 0.0159 |
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.
| Daniel Hansen, Chairman of the Board, President, Chief Executive Officer | ||
| Craig Aniszewski, Chief Operating Officer, Executive Vice President | ||
| Gregory Dowell, CFO, Executive Vice President Treasurer | ||
| Adam Wudel, Senior Markets | ||
| Hope Taitz, Independent Director | ||
| Jonathan Stanner, Chief Financial Officer, Executive Vice President, Treasurer | ||
| Paul Ruiz, Senior Vice President, Chief Accounting Officer | ||
| Kenneth Kay, Independent Director | ||
| Christopher Eng, Executive Vice President, Chief Risk Officer, General Counsel, Secretary | ||
| William Conkling, Chief Financial Officer, Executive Vice President | ||
| Greg Dowell, CFO, Executive Vice President Treasurer | ||
| Elisabeth Eisleben, IR Contact Officer | ||
| Thomas Storey, Independent Director | ||
| Bjorn Hanson, Independent Director | ||
| Mehul Patel, Independent Director | ||
| Jeffrey Jones, Non-Executive Independent Chairman of the Board | ||
| Amina Belouizdad, Independent Director | ||
| Paul CPA, Senior Officer |
Summit Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right 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.
| Return On Equity | -0.0197 | |||
| Return On Asset | 0.0159 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 2.55 B | |||
| Shares Outstanding | 107.59 M | |||
| Shares Owned By Insiders | 2.94 % | |||
| Shares Owned By Institutions | 94.18 % | |||
| Number Of Shares Shorted | 6.2 M | |||
| Price To Earning | 14.60 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Summit Hotel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Summit Hotel's short interest history, or implied volatility extrapolated from Summit Hotel options trading.
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Complementary Tools for Summit Stock analysis
When running Summit Hotel's price analysis, check to measure Summit Hotel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Hotel is operating at the current time. Most of Summit Hotel's value examination focuses on studying past and present price action to predict the probability of Summit Hotel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Hotel's price. Additionally, you may evaluate how the addition of Summit Hotel to your portfolios can decrease your overall portfolio volatility.
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Is Summit Hotel's industry 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 0.22 | Earnings Share (0.27) | Revenue Per Share 6.974 | Quarterly Revenue Growth 0.03 |
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.