Summit Hotel Properties, Inc. (NYSE:INN) Given Average Recommendation of “Moderate Buy” by Brokerages

Posted by Francis Steltz on Aug 26th, 2026

Summit Hotel Properties, Inc. (NYSE:INN – Get Free Report) has received an average rating of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $5.40.

A number of research firms recently weighed in on INN. Weiss Ratings upgraded shares of Summit Hotel Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, August 6th. Zacks Research upgraded Summit Hotel Properties from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 22nd. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $7.00 price target on shares of Summit Hotel Properties in a research note on Monday, June 8th.

Check Out Our Latest Analysis on INN

Institutional Trading of Summit Hotel Properties

Institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Summit Hotel Properties by 4.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,254 shares of the real estate investment trust’s stock valued at $337,000 after purchasing an additional 2,528 shares during the period. Jane Street Group LLC increased its position in shares of Summit Hotel Properties by 1.7% during the 1st quarter. Jane Street Group LLC now owns 165,679 shares of the real estate investment trust’s stock valued at $896,000 after purchasing an additional 2,793 shares during the last quarter. Amundi raised its holdings in Summit Hotel Properties by 19.9% during the 3rd quarter. Amundi now owns 18,320 shares of the real estate investment trust’s stock valued at $100,000 after buying an additional 3,040 shares during the period. Resona Asset Management Co. Ltd. raised its holdings in Summit Hotel Properties by 7.3% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 48,128 shares of the real estate investment trust’s stock valued at $210,000 after buying an additional 3,261 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its position in Summit Hotel Properties by 22.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 18,917 shares of the real estate investment trust’s stock worth $92,000 after buying an additional 3,527 shares during the last quarter. Hedge funds and other institutional investors own 96.47% of the company’s stock.

Summit Hotel Properties Price Performance

NYSE INN opened at $6.20 on Wednesday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 1.15. Summit Hotel Properties has a 12 month low of $3.97 and a 12 month high of $7.17. The stock has a market cap of $668.13 million, a price-to-earnings ratio of -26.93 and a beta of 1.26. The company’s 50 day moving average is $6.59 and its two-hundred day moving average is $5.50.

Summit Hotel Properties (NYSE:INN – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. The business had revenue of $199.02 million during the quarter, compared to analyst estimates of $198.41 million. Summit Hotel Properties had a negative net margin of 0.99% and a negative return on equity of 0.60%. Summit Hotel Properties has set its FY 2026 guidance at 0.790-0.850 EPS. As a group, research analysts anticipate that Summit Hotel Properties will post 0.76 earnings per share for the current year.

Summit Hotel Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.2%. Summit Hotel Properties’s dividend payout ratio is -139.13%.

About Summit Hotel Properties

(Get Free Report)

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.