Summit Hotel Properties, Inc. (NYSE:INN) Receives Consensus Rating of “Hold” from Analysts

Posted by Geri Gentry on Sep 27th, 2026

Shares of Summit Hotel Properties, Inc. (NYSE:INN – Get Free Report) have been assigned a consensus recommendation of “Hold” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $5.40.

Several analysts recently issued reports on INN shares. Weiss Ratings upgraded shares of Summit Hotel Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, August 6th. Raymond James Financial reiterated an “outperform” rating and issued a $7.00 price target on shares of Summit Hotel Properties in a research report on Monday, June 8th. Finally, Zacks Research cut shares of Summit Hotel Properties from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 24th.

View Our Latest Research Report on INN

Summit Hotel Properties Trading Up 0.4%

Summit Hotel Properties stock opened at $5.75 on Friday. The business has a 50-day simple moving average of $6.17 and a two-hundred day simple moving average of $5.70. The company has a market cap of $619.60 million, a P/E ratio of -24.98 and a beta of 1.24. Summit Hotel Properties has a 52-week low of $3.97 and a 52-week high of $7.17. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.15.

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

Summit Hotel Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Monday, August 17th. Summit Hotel Properties’s dividend payout ratio (DPR) is currently -139.13%.

Hedge Funds Weigh In On Summit Hotel Properties

Several institutional investors and hedge funds have recently bought and sold shares of INN. Integrated Wealth Concepts LLC purchased a new stake in Summit Hotel Properties in the second quarter worth about $39,000. Legal & General Group Plc bought a new position in shares of Summit Hotel Properties in the second quarter worth about $71,000. Pallas Capital Advisors LLC purchased a new position in shares of Summit Hotel Properties during the 2nd quarter valued at about $86,000. SummitTX Capital L.P. purchased a new position in shares of Summit Hotel Properties during the 1st quarter valued at about $57,000. Finally, Renaissance Technologies LLC bought a new position in shares of Summit Hotel Properties during the 1st quarter valued at approximately $69,000. 96.47% of the stock is currently owned by hedge funds and other institutional investors.

About Summit Hotel Properties

(Get Free Report)

Summit Hotel Properties, Inc is a self-managed real estate investment trust (REIT) focused on owning premium-branded hotels in the upscale and upper-midscale segments. The company’s properties primarily operate under recognized hospitality brands, including those affiliated with Marriott International, Hilton, Hyatt Hotels and InterContinental Hotels Group.

Summit’s hotel portfolio is concentrated in the United States, with an emphasis on markets supported by business, leisure and other diverse sources of lodging demand.