Summit Hotel Properties

INN

Market cap $720M

Summit Hotel Properties (INN) preferreds E and F offer yield and tax-mitigation opportunities via strategic trading of mispriced, thinly traded issues. INN common stock surged 40% YTD, but INN.PR.E and INN.PR.F preferreds declined, presenting discounts to par and enhanced yields. Swapping INN.PR.E for INN.PR.F enables investors to harvest tax losses, maintain high yield, and increase upside to par value.

Summit Hotel Properties (INN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

AUSTIN, Texas, July 1, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the second quarter of 2026 on Wednesday, August 5, 2026, after the market closes. The Company will conduct its quarterly conference call on Thursday, August 6, 2026, at 9:00 AM ET.

AUSTIN, Texas, June 30, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has successfully completed the refinancing and upsizing of its senior unsecured credit facility (the "Credit Facility"). The $650 million senior unsecured credit facility is comprised of a $400 million senior unsecured revolving credit facility (the "Revolver"), a $200 million senior unsecured term loan (the "Term Loan"), and a $50 million senior unsecured delayed draw term loan (the "Delayed Draw Term Loan").

Does Summit Hotel Properties (INN) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Investors need to pay close attention to INN stock based on the movements in the options market lately.

Summit Hotel Properties is rated a buy, driven by strong market momentum, robust portfolio diversity, and compelling dividend coverage. INN demonstrates resilience with positive EBITDA margins near 30%, consistent FFO growth, and a diversified portfolio across major hotel brands and Sunbelt markets. Dividend safety is underpinned by a 2.6x coverage ratio and a 38% payout ratio, making INN an attractive income idea despite limited near-term upside.

AUSTIN, Texas, June 12, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that Executive Vice President and Chief Financial Officer, William ("Trey") Conkling will depart the Company effective June 15, 2026 for personal reasons.  "Trey has been a valued member of our executive leadership team over the past five years, and we appreciate his many contributions to Summit during his tenure," said Jonathan Stanner, President and Chief Executive Officer.

REITs present attractive value, thanks in part to a shortage of new supply and relative immunity to AI disruption, and are outperforming the S&P 500 YTD. This article identifies 25 high-yield REITs with current yields at least 75 basis points above the "no-risk" rate on Treasuries. The list is then screened for dividend safety, FFO growth, and balance sheet quality to arrive at a final list of 5 companies, each offering safe yields above 5.25%.