Summit Hotel Properties, Inc. (NYSE:INN – Get Free Report) has earned an average rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $5.40.
Several research firms recently weighed in on INN. Zacks Research raised shares of Summit Hotel Properties from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Weiss Ratings upgraded Summit Hotel Properties from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 29th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $7.00 price objective on shares of Summit Hotel Properties in a research note on Monday, June 8th.
View Our Latest Research Report on INN
Institutional Investors Weigh In On Summit Hotel Properties
Summit Hotel Properties Stock Up 0.1%
Shares of NYSE INN traded up $0.01 during trading hours on Tuesday, hitting $6.55. The company had a trading volume of 228,413 shares, compared to its average volume of 1,379,748. The firm’s 50 day moving average is $5.93 and its 200-day moving average is $5.05. Summit Hotel Properties has a 1-year low of $3.97 and a 1-year high of $7.14. The stock has a market capitalization of $710.30 million, a P/E ratio of -22.57 and a beta of 1.26. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.16.
Summit Hotel Properties (NYSE:INN – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.02. The firm had revenue of $185.05 million during the quarter, compared to analysts’ expectations of $180.51 million. Summit Hotel Properties had a negative net margin of 1.75% and a negative return on equity of 1.03%. Summit Hotel Properties has set its FY 2026 guidance at 0.750-0.850 EPS. On average, analysts expect that Summit Hotel Properties will post 0.74 earnings per share for the current fiscal year.
Summit Hotel Properties Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Friday, May 15th. Summit Hotel Properties’s payout ratio is presently -110.34%.
Summit Hotel Properties Company Profile
Summit Hotel Properties is a real estate investment trust (REIT) that acquires, owns and operates branded select-service hotels and extended-stay properties across the United States. The company focuses on upper-midscale and upscale lodging segments, targeting established national brands to combine the operational efficiencies of limited-service properties with strong franchise affiliation.
The company’s portfolio comprises over thirty hotels carrying well-known flags such as Marriott, Hilton, Hyatt and IHG.
Featured Stories
- Five stocks we like better than Summit Hotel Properties
- AI Insider Activity: Are Sales Across 3 Key Stocks Noteworthy or Just Noise?
- 3 Quiet AI Revenue Accelerators With Sales Growth Outpacing Peers
- Top 135 Best Locally Owned BBQ Supply Stores in the U.S., According to Survey [2026]
- Silicon Starvation: Amazon Feasts on Legacy GPUs
Receive News & Ratings for Summit Hotel Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Summit Hotel Properties and related companies with MarketBeat.com's FREE daily email newsletter.
