Summit Hotel Properties, Inc. 6.250% Series E Cumulative Redeemable Preferred Stock
This page provides an overview of Summit Hotel Properties, Inc. 6.250% Series E Cumulative Redeemable Preferred Stock (INN/PE) on the TradingView platform. It details financial actuals and estimates, including earnings, revenue, net income, dividends, and EBITDA, and offers information on how to track the company's performance and trade its stock.
Jennison Reports 11.65M-Share Stake in Summit Hotel Properties (NYSE: INN)
Jennison Associates LLC has disclosed an amended Schedule 13G, showing beneficial ownership of 11,653,415 shares, or 10.8% of Summit Hotel Properties Inc. (INN) as of June 30, 2026. The filing indicates Jennison holds sole voting power over these shares and shared dispositive power. This amendment provides updated ownership allocation information for the investment firm.
SUMMIT HOTEL PROPERTIES ANNOUNCES SECOND QUARTER 2026 EARNINGS RELEASE DATE
Summit Hotel Properties, Inc. (INN) announced it will release its second-quarter 2026 financial results on Wednesday, August 5, 2026, after market close. The company will host a conference call on Thursday, August 6, 2026, at 9:00 AM ET, with registration and webcast details provided. A replay will be available on their website until October 31, 2026.
Summit Hotel sets Aug. 5 earnings report, call for Aug. 6
Summit Hotel Properties (NYSE: INN) announced it will release its second-quarter 2026 earnings on August 5, 2026, after market close, followed by a conference call on August 6, 2026, at 9:00 AM ET. The company, a REIT focusing on premium-brandedUpscale lodging, also updated its portfolio size, which includes 94 assets and 14,226 guestrooms across 24 states as of July 1, 2026. Prior earnings date announcements have historically resulted in minimal stock price movement for INN.
SUMMIT HOTEL PROPERTIES ANNOUNCES SECOND QUARTER 2026 EARNINGS RELEASE DATE
Summit Hotel Properties, Inc. (NYSE: INN) announced it will release its second quarter 2026 financial results on Wednesday, August 5, 2026, after the market closes. The company will also host a quarterly conference call on Thursday, August 6, 2026, at 9:00 AM ET. Investors can register for the call or access a live webcast via links provided by the company.
Press Release: SUMMIT HOTEL PROPERTIES COMPLETES $650 MILLION CREDIT FACILITY REFINANCING
Summit Hotel Properties has successfully refinanced its $650 million credit facility, enhancing its financial flexibility. The new facility includes a $400 million revolving credit facility and a $250 million term loan, extending maturity dates and reducing borrowing costs. This strategic move aims to support the company's growth initiatives and optimize its capital structure.
Summit Hotel Properties refinances credit facility at $650M
Summit Hotel Properties has successfully refinanced and expanded its senior unsecured credit facility to $650 million, extending the maturity date to June 2031 and improving pricing by 20 basis points. This move comes as the company's stock is performing well, trading near its 52-week high with a strong dividend yield. The REIT also reported better-than-expected Q1 2026 revenue, though EPS was slightly below forecasts.
Summit Hotel Properties Secures $650 Million Unsecured Credit Facility With Bank of America
Summit Hotel Properties has secured a new $650 million senior unsecured credit facility with Bank of America, replacing its 2023 agreement. This facility includes a $400 million revolver, a $200 million term loan, and a $50 million delayed draw term loan, with an accordion feature up to $900 million. The company expects this new agreement to enhance its liquidity and financial flexibility.
Summit Hotel extends debt maturity to June 2031 in $650M refinance
Summit Hotel Properties (NYSE: INN) successfully refinanced and upsized its senior unsecured credit facility to $650 million, extending its maturity to June 2031. This move lowers borrowing costs by 20 basis points, extends the weighted average debt maturity to approximately 3.7 years, and preserves liquidity with only $5 million currently drawn on the revolver. The refinancing enhances the company's financial flexibility and supports strategic growth opportunities.
$650M unsecured credit deal extends Summit Hotel (NYSE: INN) maturities
Summit Hotel Properties (NYSE: INN) has secured a new $650 million senior unsecured credit facility, replacing its previous agreement. This facility comprises a $400 million revolving credit line, a $200 million term loan, and a $50 million delayed draw term loan, extending maturities to 2030 and 2031. The new agreement includes an accordion feature allowing commitments to increase to $900 million and is supported by a pool of qualifying unencumbered hotel assets, requiring a minimum of 20 properties.
SUMMIT HOTEL PROPERTIES COMPLETES $650 MILLION CREDIT FACILITY REFINANCING
Summit Hotel Properties, Inc. (NYSE: INN) announced the successful refinancing and upsizing of its senior unsecured credit facility to $650 million. This new facility extends the maturity date to June 2031, improves borrowing costs by 20 basis points, and enhances financial flexibility for the company. The move extends the weighted average debt maturity to approximately 3.7 years and preserves substantial liquidity.
Summit Hotel Properties (NYSE:INN) - Stock Analysis
This Simply Wall St analysis provides a detailed look into Summit Hotel Properties (NYSE:INN), covering its market performance, financial health, analyst forecasts, and recent news. The report highlights INN's current market cap of US$786.3m, with stock performance showing a 24.4% increase over the past year. It also outlines risks such as declining earnings forecasts and an unstable dividend track record, alongside positive aspects like its valuation compared to peers.
Summit Hotel Properties, Inc. 5.875% Series F Cumulative Redeemable Preferred Stock, $0.01 par value per share
This article focuses on the financial data of Summit Hotel Properties, Inc. 5.875% Series F Cumulative Redeemable Preferred Stock, specifically its price to book forward ratio. It highlights the ticker INN/PF on the Blue Ocean Alternative Trade System (BOATS) platform. The content is primarily a data page with minimal textual analysis, indicating market closure and no recent trades.
Price to sales forward of Summit Hotel Properties, Inc. – NYSE:INN
This article provides the "Price to sales forward" metric for Summit Hotel Properties, Inc., trading under the NYSE symbol INN. It indicates that the market was closed with no trades at the time of publication. The content appears to be a stub or a section from a larger financial data platform like TradingView, listing various links and copyright information rather than a detailed analysis.
(INN) Price Dynamics and Execution-Aware Positioning
Quantitative Research Desk, edited by Thomas H. Kee Jr., has provided an analysis of Summit Hotel Properties Inc. (INN), highlighting a breakout with compelling upside potential due to strong near and mid-term sentiment. The analysis includes AI-generated institutional trading strategies like Position Trading, Momentum Breakout, and Risk Hedging, along with multi-timeframe signal analysis. The report suggests that if strong sentiment holds, it could extend to the long term, with no resistance levels remaining above the current price.
Summit Hotel Properties, Inc. Actuals & Estimates (NYSE:INN)
This article provides an overview of Summit Hotel Properties, Inc. (NYSE:INN) stock, including its current price of $7.07, recent performance (up 10.12% in the last week), and analyst forecasts ranging from $5.25 to $7.00. It also details financial metrics such as market capitalization, EBITDA, and recent earnings, noting that the company's next earnings report is expected on August 4, 2026.
SDP Forecast — Price Target — Prediction for 2027
This article provides a forecast for Summit Hotel Properties, Inc. (SDP) stock, including price targets and analyst ratings. It also offers key financial data such as EPS, revenue, net income, and EBITDA, along with dividend information and a future earnings release date. The content emphasizes that this information is not investment advice and encourages users to conduct their own research.
Summit Hotel Properties, Inc. Actuals & Estimates (FWB:SDP)
This article provides an overview of Summit Hotel Properties, Inc. (FWB:SDP) focusing on its financial actuals and estimates as well as analyst forecasts. It includes details on revenue, earnings per share, net income, dividends, and EBITDA, along with frequently asked questions about its stock performance and future outlook. Key financial figures and future earnings dates are highlighted for investors examining the company.
Summit Hotel Properties, Inc. 6.250% Series E Cumulative Redeemable Preferred Stock
This article provides an overview and financial data for Summit Hotel Properties, Inc. 6.250% Series E Cumulative Redeemable Preferred Stock (INN/PE). It details the current stock price, historical performance, volatility, market capitalization, and upcoming earnings report. The content also addresses frequently asked questions regarding the stock's ticker, price dynamics, dividends, and offers guidance on how to buy the shares and assess investment potential.
Summit Hotel Properties Announces Management Transition
Summit Hotel Properties announced the departure of Executive Vice President and CFO, William "Trey" Conkling, effective June 15, 2026, for personal reasons. CEO Jonathan Stanner will temporarily assume CFO responsibilities while the company conducts a national search for a successor. Conkling will remain as an advisor until September 2026, and his departure is not due to any disagreements regarding company operations or financial practices.
Summit Hotel Properties Inc (INN) Institutional Confidence
Summit Hotel Properties Inc (INN) has an institutional shareholding score of 10.00, placing it first among 188 Residential & Commercial REITs. The institutional shareholding proportion is 99.38%, marking a 4.07% increase quarter-over-quarter. ETHSX is the largest institutional shareholder, holding 552.03K shares, representing 0.69% of outstanding shares despite a 40.52% decrease in its holdings.
Summit Hotel Properties Inc (INN) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Summit Hotel Properties Inc (INN), detailing its current earnings forecast score, analyst ratings, and price targets. It also includes expected revenue and EPS for upcoming periods, along with a peer comparison in the Residential & Commercial REITs industry. The article highlights that analysts generally hold a "signal_hold" trend for INN stock.
Summit Hotel Properties Inc (INN) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Summit Hotel Properties Inc (INN), highlighting its support and resistance levels, indicator signals, and moving averages. The stock (INN) currently has a price momentum score of 9.20 and is trading between a resistance level of 6.90 and a support level of 5.66. Overall technical indicators show a "Buy" signal based on moving averages and a mix of buy, sell, and neutral signals for other indicators.
Summit Hotel Properties CFO Resigns, CEO Assumes Role
Summit Hotel Properties announced that its Executive Vice President and CFO, William "Trey" Conkling, resigned effective June 15, 2026, due to personal reasons. President and CEO Jonathan Stanner will temporarily assume the role of principal financial officer during the search for a new CFO. The company emphasized that Conkling's departure is not related to any disagreements regarding operations, policies, or financial reporting.
(INN) as a Liquidity Pulse for Institutional Tactics
This article analyzes Summit Hotel Properties Inc. (NYSE: INN) using AI models to determine institutional trading strategies. It highlights a breakout, anticipated higher levels due to no resistance above the current price, and a prevailing positive sentiment. The analysis provides specific trading strategies (Position, Momentum Breakout, Risk Hedging) with entry, target, and stop-loss levels across different time horizons.
Press Release: SUMMIT HOTEL PROPERTIES ANNOUNCES MANAGEMENT TRANSITION
Summit Hotel Properties announced a management transition. The company disclosed details regarding changes in its executive leadership. This press release provides information on the new management structure.
Summit Hotel Properties, Inc. Announces Departure of William Conkling as Executive Vice President, Effective June 15, 2026
Summit Hotel Properties, Inc. announced that William Conkling, their Executive Vice President and Chief Financial Officer, will resign effective June 15, 2026. This departure is not due to any disagreements with the company's operations or financial practices. Jonathan Stanner will take over as principal financial officer in addition to his current roles as President and Chief Executive Officer, without additional compensation.
Summit Hotel Properties Announces Key Executive Transition And Leadership Plan: All You Need To Know
Summit Hotel Properties, Inc. announced that William “Trey” Conkling, Executive Vice President and Chief Financial Officer, will depart the company on June 15, 2026, for personal reasons. President and CEO Jonathan Stanner will assume interim CFO responsibilities, and a search firm has been engaged for a permanent replacement. Conkling will remain in an advisory role until September 30, 2026, ensuring a smooth transition for the REIT, which owns 94 premium-branded lodging properties in the U.S.
Trey Conkling departing Summit Hotel Properties
William “Trey” Conkling, EVP/CFO of Summit Hotel Properties Inc., is departing the company for personal reasons after five years. President/CEO Jonathan Stanner will assume the role of principal financial officer during the transition. The company has engaged a search firm for a successor, and Conkling will remain in an advisory capacity until September 30.
Summit Hotel Properties CFO Trey Conkling to Depart, CEO Assumes Interim Financial Oversight
Summit Hotel Properties (NYSE: INN) announced that William "Trey" Conkling, Executive Vice President and CFO, will depart the company on June 15, 2026, for personal reasons. President and CEO Jonathan Stanner will assume interim financial oversight during the search for a permanent successor. Conkling will remain in an advisory role until September 30, 2026, to ensure a smooth transition.
CFO exit at Summit Hotel Properties (NYSE: INN) with CEO filling finance role
Summit Hotel Properties (NYSE: INN) announced that William "Trey" Conkling will step down as CFO on June 15, 2026, for personal reasons, with CEO Jonathan Stanner temporarily assuming the principal financial officer role. Conkling will provide consulting services until September 30, 2026, receiving $25,000 monthly, while forfeiting unvested equity. The company emphasized that his departure is not due to disagreements over operations or financial reporting, and a search for a new CFO is underway.
Summit Hotel Properties CFO to depart on June 15
Summit Hotel Properties, Inc. (NYSE:INN) announced that its Executive Vice President and CFO, William Conkling, will depart on June 15 for personal reasons, remaining in an advisory role until September 30, 2026. President and CEO Jonathan Stanner will serve as interim principal financial officer while the company searches for a successor. The company emphasized that Conkling's departure is not due to disagreements regarding company operations or financial practices.
Raymond James Initiates Summit Hotel Properties Inc(INN.US) With Buy Rating, Announces Target Price $7
Raymond James has initiated coverage on Summit Hotel Properties Inc (INN.US) with a Buy rating. The firm has set a target price of $7 for the company's stock.
Summit Hotel Properties forecasts 0.5% to 3% 2026 RevPAR growth as World Cup pace trends up high teens
Summit Hotel Properties anticipates RevPAR growth of 0.5% to 3% in 2026, driven by an expected boost from the World Cup. The company notes that World Cup-related bookings are already showing high teens percentage increases. This forecast highlights the potential positive impact of major events on the hospitality sector.
News | Summit maintains March momentum ahead of 'robust summer' of special events
Summit Hotel Properties CEO Jonathan Stanner reported that the company finished its first quarter with strong momentum, especially in March, which is expected to continue through the summer due to strengthening demand and upcoming special events. Despite an anticipated challenging start to the year, the REIT saw improved business transient metrics and raised its pro forma RevPAR growth outlook. The company also engaged in significant transaction activity, selling several hotels in line with its strategy.
Summit Hotel (INN) Q1 2026 Earnings Transcript
Summit Hotel Properties (INN) reported strong Q1 2026 financial results, with RevPAR increasing 0.2% year-over-year, exceeding expectations due to broad-based operating strength and rate-driven growth. The company anticipates continued positive momentum, especially in Q2, driven by major events like the FIFA World Cup and the US 250th anniversary celebrations, leading to an increased full-year RevPAR growth outlook of 0.5%-3%. Strategic capital allocation includes asset sales to enhance portfolio quality, reduce leverage, and fund renovations, along with active share repurchases, reflecting confidence in long-term value creation.
Earnings call transcript: Summit Hotel Properties Q1 2026 beats revenue forecast
Summit Hotel Properties Inc. (INN) reported Q1 2026 revenue of $185.05 million, exceeding the forecast of $180.02 million, but missed EPS expectations at -$0.10 against an anticipated -$0.08. Despite the EPS miss, the stock rose 4.02% in premarket trading due to strong revenue growth and a positive outlook, particularly with anticipated RevPAR growth for Q2 and upcoming special events like the FIFA World Cup. The company also updated its full-year guidance upwards, reflecting an improved outlook driven by strengthening demand and favorable industry conditions.
SUMMIT HOTEL PROPERTIES ($INN) Releases Q1 2026 Earnings
SUMMIT HOTEL PROPERTIES ($INN) reported its Q1 2026 earnings, exceeding analyst estimates for both earnings per share and revenue. The company posted earnings of $0.21 per share against an estimated -$0.12, and revenue of $185.05 million, surpassing estimates by over $2.4 million. The report also details recent insider trading activity, with sales totaling $172,200, and significant hedge fund movements during Q4 2025.
SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2026 RESULTS
Summit Hotel Properties, Inc. reports significant improvements in its first-quarter 2026 results, with positive RevPAR growth exceeding expectations and operating income reaching $14.1 million. The company has updated its 2026 outlook, anticipating a robust summer travel season, and has also been active in capital recycling by selling two hotels and repurchasing shares.
Summit Hotel Properties (INN) Q1 2026 RevPAR, outlook and asset sales
Summit Hotel Properties reported Q1 2026 results with total revenues of $185.1 million and a widened net loss of $10.4 million. Despite the loss, pro forma RevPAR saw a slight increase of 0.2%, and the company continued its capital recycling strategy by selling two hotels and repaying convertible notes. Summit modestly raised its full-year 2026 outlook for RevPAR growth, Adjusted EBITDAre, and Adjusted FFO, reflecting positive operating trends.
Summit Hotel Properties (INN) Surpasses Q1 FFO and Revenue Estimates
Summit Hotel Properties (INN) reported first-quarter Funds From Operations (FFO) of $0.21 per share, exceeding the Zacks Consensus Estimate of $0.19. The company also surpassed revenue estimates, posting $185.05 million against an estimate of $178.88 million. Despite these positive results, INN's shares have underperformed the S&P 500 year-to-date, and the stock currently holds a Zacks Rank #3 (Hold).
Summit Hotel Properties: Q1 Earnings Snapshot
Summit Hotel Properties Inc. (INN) reported its first-quarter earnings, with funds from operations reaching $25.5 million, or 21 cents per share, surpassing Wall Street's expectation of 19 cents per share. The company posted a net loss of $10.4 million, or 10 cents per share, on revenue of $185.1 million. Summit Hotel Properties also provided a full-year outlook, projecting funds from operations to be between 75 cents and 85 cents per share.
Summit Hotel Properties, Inc. 5.875% RED PFD F declares $0.3672 dividend
Summit Hotel Properties, Inc. (NYSE:INN.PF) has declared a quarterly dividend of $0.3672 per share for its 5.875% Series F Cumulative Redeemable Preferred Stock. This dividend is payable on June 17, 2024, to shareholders of record as of June 3, 2024, for the dividend period spanning from March 15, 2024, to June 14, 2024.
Summit Hotel Properties: Q1 Earnings Snapshot
Summit Hotel Properties (INN) reported its Q1 earnings, showing funds from operations (FFO) of 21 cents per share, surpassing Wall Street's expectation of 19 cents. The real estate investment trust posted a net loss of $10.4 million, or 10 cents per share, on revenue of $185.1 million. The company projects full-year FFO to be between 75 cents and 85 cents per share.
Vanguard (INN) holds 6.1% of Summit Hotel Properties common stock
Vanguard Portfolio Management has disclosed a 6.1% beneficial ownership stake in Summit Hotel Properties Inc. (INN), amounting to 6,639,210 shares of common stock as of March 31, 2026. The filing indicates that Vanguard holds sole dispositive power over all these shares, but sole voting power for only 40,889 shares. This information was reported in a Schedule 13G filing with the SEC.
Summit Hotel Properties Inc To Go Ex-Dividend On May 15th, 2026 With 0.08 USD Dividend Per Share
Summit Hotel Properties Inc. (NYSE:INN) will pay a dividend of 0.08 USD per share, going ex-dividend on May 15th, 2026. This article highlights upcoming dividend dates and amounts for INN shareholders.
SUMMIT HOTEL PROPERTIES DECLARES FIRST QUARTER 2026 DIVIDENDS
Summit Hotel Properties, Inc. (NYSE: INN) announced the declaration of a cash dividend of $0.08 per share for the first quarter of 2026, representing an annualized dividend yield of 6.8 percent. The company also declared cash dividends for its Series E Cumulative Redeemable Preferred Stock ($0.390625 per share) and Series F Cumulative Redeemable Preferred Stock ($0.3671875 per share), and distributions for its operating partnership's Series Z Cumulative Perpetual Preferred Units ($0.328125 per unit). All dividends are payable on May 29, 2026, to holders of record as of May 15, 2026.
Summit Hotel Properties (INN) Projected to Post Quarterly Earnings on Thursday
Summit Hotel Properties (INN) is expected to report its Q1 2026 earnings on Thursday, April 30th, with analysts projecting an EPS of ($0.08) and revenue of $180.016 million. Despite missing prior quarter estimates and exhibiting negative net margin and ROE, analysts anticipate approximately $1 EPS for the current and next fiscal year. The stock, currently trading near $4.70, holds a "Reduce" consensus rating with a $5.00 average price target, and institutional investors own roughly 96% of its shares.
Do Options Traders Know Something About Summit Hotel Stock We Don't?
Options traders are showing significant interest in Summit Hotel Properties (INN), with high implied volatility on May 15, 2026 $2.5 Calls, suggesting an expectation of a large price movement. Despite this, the company holds a Zacks Rank #3 (Hold) with analysts recently lowering current quarter earnings estimates. This situation may present an opportunity for options traders to sell premium, betting against extreme price swings.
Summit Hotel Properties (NYSE:INN) Share Price Passes Above Two Hundred Day Moving Average - Time to Sell?
Summit Hotel Properties (NYSE:INN) saw its shares trade above its 200-day moving average, reaching $4.86, though analyst sentiment remains mixed with an average "Reduce" rating. The company reported a quarterly EPS miss and has a negative payout ratio despite a 6.6% dividend yield, with FY2026 EPS guidance set between $0.73 and $0.85. Institutional investors have adjusted their holdings, with 96.47% of the stock owned by hedge funds and other large investors.
