Summit Hotel Properties (NYSE:INN) Posts Earnings Results, Beats Estimates By $0.03 EPS

Posted by Geri Gentry on Nov 3rd, 2026

Summit Hotel Properties (NYSE:INN – Get Free Report) posted its quarterly earnings data on Tuesday. The real estate investment trust reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.03, FiscalAI reports. Summit Hotel Properties had a negative return on equity of 0.60% and a negative net margin of 0.99%. The business had revenue of $185.71 million during the quarter, compared to analysts’ expectations of $180.92 million.

Summit Hotel Properties Stock Performance

NYSE INN traded down $0.07 during midday trading on Tuesday, hitting $7.03. The company had a trading volume of 1,404,640 shares, compared to its average volume of 1,251,868. The firm has a fifty day simple moving average of $6.15 and a two-hundred day simple moving average of $5.59. Summit Hotel Properties has a fifty-two week low of $3.97 and a fifty-two week high of $7.36. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.15. The stock has a market cap of $757.67 million, a price-to-earnings ratio of -30.54, a P/E/G ratio of 8.01 and a beta of 1.27.

Summit Hotel Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 4.6%. The ex-dividend date is Monday, November 16th. Summit Hotel Properties’s dividend payout ratio (DPR) is currently -139.13%.

Analyst Ratings Changes

INN has been the topic of a number of research analyst reports. Zacks Research lowered Summit Hotel Properties from a “strong-buy” rating to a “hold” rating in a report on Monday, August 24th. Weiss Ratings lowered Summit Hotel Properties from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Summit Hotel Properties currently has an average rating of “Hold” and a consensus price target of $5.40.

Read Our Latest Stock Analysis on Summit Hotel Properties

Summit Hotel Properties Company Profile

(Get Free Report)

Summit Hotel Properties, Inc is a real estate investment trust (REIT) focused on owning and investing in premium-branded, select-service hotels in the United States. Its properties generally operate under nationally recognized hotel brands and serve business and leisure travelers.

The company’s portfolio has included hotels affiliated with major hospitality brands such as Marriott, Hilton, Hyatt and InterContinental Hotels Group. Summit emphasizes select-service properties, which typically offer essential lodging amenities while operating with a more streamlined cost structure than full-service hotels.

Summit Hotel Properties was founded in 2003 and became a publicly traded company in 2011.