Brokerages Set Summit Hotel Properties, Inc. (NYSE:INN) PT at $5.00

Posted by Geri Gentry on May 23rd, 2026

Shares of Summit Hotel Properties, Inc. (NYSE:INN – Get Free Report) have been assigned an average rating of “Reduce” from the five research firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $5.00.

A number of brokerages recently issued reports on INN. Zacks Research raised Summit Hotel Properties from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Wall Street Zen raised Summit Hotel Properties from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Summit Hotel Properties in a research report on Friday, March 27th.

View Our Latest Analysis on Summit Hotel Properties

Institutional Investors Weigh In On Summit Hotel Properties

Large investors have recently added to or reduced their stakes in the stock. Quarry LP acquired a new stake in Summit Hotel Properties during the third quarter worth approximately $35,000. Corient Private Wealth LLC acquired a new stake in Summit Hotel Properties during the fourth quarter worth approximately $52,000. CIBC Asset Management Inc acquired a new stake in Summit Hotel Properties during the fourth quarter worth approximately $52,000. BNP Paribas Financial Markets grew its position in Summit Hotel Properties by 53.6% during the second quarter. BNP Paribas Financial Markets now owns 10,807 shares of the real estate investment trust’s stock worth $55,000 after buying an additional 3,773 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its position in Summit Hotel Properties by 148.1% during the second quarter. Tower Research Capital LLC TRC now owns 10,793 shares of the real estate investment trust’s stock worth $55,000 after buying an additional 6,442 shares in the last quarter. Institutional investors and hedge funds own 96.47% of the company’s stock.

Summit Hotel Properties Price Performance

Summit Hotel Properties stock opened at $5.60 on Monday. Summit Hotel Properties has a 12 month low of $3.97 and a 12 month high of $6.00. The stock’s 50 day moving average is $4.78 and its 200-day moving average is $4.81. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $606.27 million, a price-to-earnings ratio of -19.29 and a beta of 1.25.

Summit Hotel Properties (NYSE:INN – Get Free Report) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported ($0.10) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.02. Summit Hotel Properties had a negative return on equity of 1.03% and a negative net margin of 1.75%.The company had revenue of $185.05 million for the quarter, compared to the consensus estimate of $180.51 million. Summit Hotel Properties has set its FY 2026 guidance at 0.750-0.850 EPS. Equities research analysts expect that Summit Hotel Properties will post 0.72 EPS for the current year.

Summit Hotel Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.32 dividend on an annualized basis and a yield of 5.7%. Summit Hotel Properties’s dividend payout ratio is currently -110.34%.

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.