INN

Summit Hotel Properties

5.78 USD
-0.07
1.2%
At close Updated Sep 17, 4:00 PM EDT
Pre-market
After hours
5.78
0.00
0%
1 day
-1.2%
5 days
2.12%
1 month
10.31%
3 months
22.2%
6 months
0%
Year to date
-14.5%
1 year
-11.62%
5 years
-2.2%
10 years
-53.05%
 

About: Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.

Employees: 78

0
Funds holding %
of 7,463 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

3,650% more call options, than puts

Call options by funds: $75K | Put options by funds: $2K

17% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 65

3.5% more ownership

Funds ownership: 91.3% [Q1] → 94.8% (+3.5%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0% less capital invested

Capital invested by funds: $542M [Q1] → $542M (-$383K) [Q2]

7% less funds holding

Funds holding: 221 [Q1] → 205 (-16) [Q2]

27% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 44

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$5.75
1% downside
Avg. target
$5.75
1% downside
High target
$5.75
1% downside

1 analyst rating

positive
0%
neutral
100%
negative
0%
B of A Securities
Shaun Kelley
$5.75
Neutral
Maintained
21 Jul 2025

Financial journalist opinion

Positive
Seeking Alpha
12 days ago
Cash Cows: 12 High-Yield REITs With Safe Dividends
REITs are attractive now due to low inflation, expected rate cuts, and technical indicators suggesting a bullish trend with up to 40% upside. This article identifies 12 high-yield REITs (5.25%+), each with strong dividend safety grades, outyielding no-risk treasuries. Dividend safety is paramount, and Seeking Alpha's Quant Ratings indicate these REITs show low risk of cuts, supported by solid debt and payout ratios.
Cash Cows: 12 High-Yield REITs With Safe Dividends
Negative
Zacks Investment Research
14 days ago
New Strong Sell Stocks for September 3rd
INN, XNGSY and GSBD have been added to the Zacks Rank #5 (Strong Sell) List on September 3, 2025.
New Strong Sell Stocks for September 3rd
Neutral
Seeking Alpha
1 month ago
Summit Hotel Properties, Inc. (INN) Q2 2025 Earnings Call Transcript
Summit Hotel Properties, Inc. (NYSE:INN ) Q2 2025 Earnings Conference Call August 6, 2025 9:00 AM ET Company Participants Jonathan P. Stanner - President, CEO & Director Kevin Milota - Corporate Participant William H.
Summit Hotel Properties, Inc. (INN) Q2 2025 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Summit Hotel Properties (INN) Q2 FFO Top Estimates
Summit Hotel Properties (INN) came out with quarterly funds from operations (FFO) of $0.27 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.29 per share a year ago.
Summit Hotel Properties (INN) Q2 FFO Top Estimates
Neutral
PRNewsWire
1 month ago
SUMMIT HOTEL PROPERTIES REPORTS SECOND QUARTER 2025 RESULTS
Second Quarter Operating Income of $22.7 Million; AFFO of $32.7 Million or $0.27 per Share Repurchased 3.6 Million Shares for $15.4 Million, an Average of $4.30 per Share Completed Two Significant Debt Financings to Extend Maturity Dates and Enhance Corporate Liquidity AUSTIN, Texas , Aug. 5, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the three and six months ended June 30, 2025. "Despite a challenging operating backdrop in the second quarter, we continued to successfully execute on a number of key strategic priorities.
SUMMIT HOTEL PROPERTIES REPORTS SECOND QUARTER 2025 RESULTS
Neutral
PRNewsWire
1 month ago
SUMMIT HOTEL PROPERTIES DECLARES SECOND QUARTER 2025 DIVIDENDS
AUSTIN, Texas , Aug. 1, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the second quarter ended June 30, 2025, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's second quarter common dividend represents an annualized dividend yield of 6.1 percent based on the closing price of shares of the common stock on July 31, 2025.
SUMMIT HOTEL PROPERTIES DECLARES SECOND QUARTER 2025 DIVIDENDS
Positive
Seeking Alpha
1 month ago
Double-Checking The Credit Rating (Part 10): Summit Hotel Properties
Summit Hotel Properties is a leading hotel REIT with $2.9B in assets and a BBB- S&P credit rating. INN's preferred shares trade below par, yield over 8%, and offer cumulative distributions with change-of-control protection. Moody's methodology assigns INN a Ba2 credit rating; preferred shares would be rated B1, reflecting sector risks and leverage.
Double-Checking The Credit Rating (Part 10): Summit Hotel Properties
Positive
Seeking Alpha
1 month ago
3 Ways To Win With Summit Hotel Properties' Preferred F Shares
Summit Hotel Properties' preferred F shares offer an 8.4% yield, 42% upside to par, and strong dividend coverage, making them highly attractive versus common shares. Dividend security is robust, even after conservative AFFO adjustments and accounting for capex, with moderate leverage and a solid equity cushion protecting liquidation preference. INN-F's change of control provisions provide superior upside and downside protection compared to series E, especially in a buyout scenario or if INN's common price falls.
3 Ways To Win With Summit Hotel Properties' Preferred F Shares
Negative
Seeking Alpha
2 months ago
NAV Monitor: U.S. Equity REITs Trade At Higher Discount To NAV In June
Publicly listed US equity REITs ended June at a median 19.1% discount to their consensus NAV per share estimates, according to S&P Global Market Intelligence data. The hotel sector traded at the largest median discount to NAV at 35.5%, down from a 35.7% median discount to NAV as of May 30. Healthcare REITs continued to trade at the highest median premium, 19.3%, which is about 1.4 percentage points down from the 20.6% median premium to NAV as of May 30.
NAV Monitor: U.S. Equity REITs Trade At Higher Discount To NAV In June
Neutral
PRNewsWire
2 months ago
SUMMIT HOTEL PROPERTIES ANNOUNCES SECOND QUARTER 2025 EARNINGS RELEASE DATE
AUSTIN, Texas , June 24, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the second quarter of 2025 on Tuesday, August 5, 2025, after the market closes. The Company will conduct its quarterly conference call on Wednesday, August 6, 2025, at 9:00 AM ET.
SUMMIT HOTEL PROPERTIES ANNOUNCES SECOND QUARTER 2025 EARNINGS RELEASE DATE
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