INN

Summit Hotel Properties

5.26 USD
-0.19
3.49%
At close Jul 30, 4:00 PM EDT
After hours
5.36
+0.10
1.90%
1 day
-3.49%
5 days
-6.57%
1 month
3.34%
3 months
29.24%
6 months
-22.19%
Year to date
-22.19%
1 year
-17.03%
5 years
-1.68%
10 years
-61.32%
 

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 7,323 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

5,560% more call options, than puts

Call options by funds: $1.13M | Put options by funds: $20K

55% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 20

5% more funds holding

Funds holding: 208 [Q4 2024] → 218 (+10) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

1.63% less ownership

Funds ownership: 92.82% [Q4 2024] → 91.18% (-1.63%) [Q1 2025]

15% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 78

21% less capital invested

Capital invested by funds: $689M [Q4 2024] → $542M (-$148M) [Q1 2025]

Research analyst outlook

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

Low target
$5.75
9%
upside
Avg. target
$5.75
9%
upside
High target
$5.75
9%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
B of A Securities
Shaun Kelley
9%upside
$5.75
Neutral
Maintained
21 Jul 2025

Financial journalist opinion

Based on 3 articles about INN published over the past 30 days

Positive
Seeking Alpha
1 day 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
6 days 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
3 weeks 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
1 month 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
Positive
Seeking Alpha
1 month ago
Summit Hotel Properties: High Yield And Healthy Balance Sheet Make This A Buy
With a forward dividend yield of close to 7%, Summit Hotel Properties has a high dividend yield at present. This dividend is comfortably covered by the company's earnings, which leaves the room for potential raises in the future. The company also has a healthy balance sheet, with no significant maturities until 2 years later.
Summit Hotel Properties: High Yield And Healthy Balance Sheet Make This A Buy
Positive
Seeking Alpha
2 months ago
REIT Replay: REIT Share Prices Rise With Broader Market In Week Ended May 2
The Dow Jones Equity All REIT index closed the recent week up 3.31%, compared with a 2.92% increase for the S&P 500 and a 3.00% gain for the Dow Jones Industrial Average. The self-storage REIT index jumped 5.63% during the week, the largest increase of the group. Industrial REIT Industrial Logistics Properties Trust saw the largest share-price increase among all US REITs with at least $200 million in market capitalization, up 16.29%.
REIT Replay: REIT Share Prices Rise With Broader Market In Week Ended May 2
Neutral
Seeking Alpha
2 months ago
Summit Hotel Properties, Inc. (INN) Q1 2025 Earnings Call Transcript
Summit Hotel Properties, Inc. (NYSE:INN ) Q1 2025 Earnings Conference Call May 1, 2025 9:00 AM ET Company Participants Kevin Milota - Senior Vice President, Corporate Finance Jonathan Stanner - President and Chief Executive Officer William Conkling - Executive Vice President and Chief Financial Officer Conference Call Participants Josh Friedland - KeyBanc Capital Markets Chris Woronka - Deutsche Bank Michael Bellisario - Baird Operator Good day and thank you for standing by. Welcome to the Summit Hotel Properties, Inc. First Quarter 2025 Earnings Conference Call.
Summit Hotel Properties, Inc. (INN) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
2 months ago
Summit Hotel Properties (INN) Beats Q1 FFO Estimates
Summit Hotel Properties (INN) came out with quarterly funds from operations (FFO) of $0.22 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to FFO of $0.24 per share a year ago.
Summit Hotel Properties (INN) Beats Q1 FFO Estimates
Neutral
PRNewsWire
2 months ago
SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2025 RESULTS
Same Store RevPAR Increased 1.5% Completed $275 Million Delayed Draw Term Loan Financing; Proceeds to Fund February 2026 Convertible Notes Maturity $50 Million Share Repurchase Program Authorized AUSTIN, Texas , April 30, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the three months ended March 31, 2025. "Our same-store portfolio RevPAR increased 1.5% during the first quarter and hotel EBITDA margin contracted less than 50 basis points compared to the prior year, reflecting our ability to effectively manage expenses in a low revenue growth environment.
SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2025 RESULTS
Positive
Zacks Investment Research
3 months ago
INN or OHI: Which Is the Better Value Stock Right Now?
Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Summit Hotel Properties (INN) and Omega Healthcare Investors (OHI). But which of these two stocks is more attractive to value investors?
INN or OHI: Which Is the Better Value Stock Right Now?
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