Summit Hotel Properties (NYSE:INN) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?
Summit Hotel Properties (NYSE:INN) recently saw its stock price climb above its 200-day moving average, trading at $6.1570 against an average of $5.45. Despite a "Moderate Buy" consensus rating from analysts, the average price target is $5.40, below its current trading price. The company reported strong quarterly adjusted earnings, beating estimates, and declared a quarterly dividend of $0.08 per share, resulting in a 5.2% annualized yield.
Down 12.2% in 4 Weeks, Here's Why You Should You Buy the Dip in Summit Hotel Properties (INN)
Summit Hotel Properties (INN) has seen a 12.2% decline in its stock price over the past four weeks, placing it in oversold territory. This, combined with a strong consensus among analysts for improved earnings and a Zacks Rank #2 (Buy), suggests a potential rebound for the stock. Investors may consider this a good entry point to benefit from an anticipated turnaround.
Summit Hotel Properties (INN) Q2 2026 Earnings Call Transcript
Summit Hotel Properties (INN) reported strong Q2 2026 results, with pro forma RevPAR up 5% and Hotel EBITDA increasing 7.8%, driven by a 7.1% rise in average daily rate. The company raised its full-year guidance for RevPAR, EBITDAre, and FFO per share, citing accelerated demand trends in urban markets and the impact of the World Cup. Strategic initiatives included refinancing a $650 million credit facility and selling two hotels for $19 million, strengthening its balance sheet and liquidity.
Summit Hotel Properties (INN) holder Long Pond Capital now reports 0% ownership
Long Pond Capital, LP, along with Long Pond Capital GP, LLC and John Khoury, has filed an updated ownership report for Summit Hotel Properties, Inc. (INN), indicating they now beneficially own 0 shares of common stock, representing 0% of the outstanding class. This filing confirms they hold less than 5 percent of the class, with no sole or shared voting or dispositive power over any shares. The document specifies that certain funds managed by Long Pond Capital, LP may still have rights to dividends or sale proceeds from previously reported securities.
Summit Hotel Properties (INN) Q2 2026 Earnings Call Transcript
Summit Hotel Properties (INN) reported strong Q2 2026 results, with pro forma RevPAR up 5% and Hotel EBITDA increasing 7.8%, leading to raised full-year guidance. The company benefited from robust urban market performance, strong demand in high-rated segments, and the World Cup, while also strengthening its balance sheet through refinancing and asset sales. Management emphasized a shift towards longer booking windows and higher-rated business, alongside disciplined expense control.
Dimensional Fund Advisors LP Sells 200,688 Shares of Summit Hotel Properties, Inc. $INN
Dimensional Fund Advisors LP reduced its stake in Summit Hotel Properties (NYSE:INN) by 13.3% in the first quarter, selling 200,688 shares but still holding 1.31 million shares valued at $5.77 million. The REIT reported stronger-than-expected Q1 earnings of $0.04 EPS and revenue of $199.02 million, while also declaring a $0.08 quarterly dividend. Despite institutional ownership of 96.47%, the stock has a "Moderate Buy" consensus rating with an average price target below its current trading price.
UBS Group AG Reduces Stake in Summit Hotel Properties Inc (INN) by 32%
UBS Group AG has reduced its stake in Summit Hotel Properties Inc (INN) by 31.97%, selling over 4.1 million shares. Despite this significant reduction, INN represents only 0.01% of UBS's total portfolio. Summit Hotel Properties is a REIT focusing on upscale select-service hotels, currently valued as "Fairly Valued" by GuruFocus, with mixed financial health indicators and recent underperformance relative to its IPO price.
Latham & Watkins Advises Summit Hotel Properties in US$200 Million At-the-Market Program
Latham & Watkins LLP advised Summit Hotel Properties, Inc. (NYSE: INN) in its US$200 million at-the-market equity program. The real estate investment trust will offer and sell shares of its common stock. A Latham & Watkins team led by partners Mollie Duckworth, Jonathan Sarna, and Cathy Birkeland represented Summit Hotel Properties in the transaction.
Hunton Advises on Summit Hotel Properties, Inc.’s $200M ATM
Hunton Andrews Kurth LLP represented the sales agents for Summit Hotel Properties, Inc.'s $200 million common stock at-the-market (ATM) offering program. Summit Hotel Properties, Inc. (NYSE: INN) is a real estate investment trust focused on premium-branded lodging facilities. The Hunton team included partners Rob Smith, Mayme Donohue, George Howell, Joe Buonanno, and Christian Pugaczewski, along with several associates and counsel.
Despite Fast-paced Momentum, Summit Hotel Properties (INN) Is Still a Bargain Stock
Summit Hotel Properties (INN) is identified as a bargain stock with fast-paced momentum, according to Zacks Equity Research. The article highlights its recent price momentum, strong beta of 1.26, and a favorable Zacks Rank #2 (Buy) due to upward earnings estimate revisions. Despite these strong indicators, INN is trading at an attractive valuation with a Price-to-Sales ratio of 0.95.
Summit Hotel Properties (INN) Stock Price Slips As Guidance Rises
Summit Hotel Properties (INN) saw its stock price slip despite reporting a return to profitability in Q2 2026 and raising its full-year guidance for adjusted funds from operations and revenue per available room. The company's RevPAR increased by 5%, driven by a 7.1% rise in average daily rates, indicating pricing power and operational efficiency. While management noted broad-based strength, investor caution remains due to limited visibility, one-off events like the World Cup, and ongoing CFO transition.
Summit Hotel Properties, Inc. (INN) Stock Price, News, Quote & History
This page provides a detailed overview of Summit Hotel Properties, Inc. (INN), including its current stock price, recent news, historical data, and financial performance. As of August 7, 2026, the stock closed at $6.49, down 2.84% for the day. The company, a REIT focused on premium-branded lodging facilities, reported Q2 FY26 revenue of $199.02M and earnings of $8.49M, and an analyst from B of A Securities recently downgraded its rating to Underperform.
Summit Hotel Properties, Inc. Q2 2026: Revenue $199M, EPS $0.04— 10-Q Summary
Summit Hotel Properties, Inc. reported its Q2 2026 financial results, achieving $199M in revenue and diluted EPS of $0.04, showcasing year-over-year growth in revenue and improved profitability compared to Q2 2025. Key factors included a 3.2% increase in revenue, a positive net income of $3.87M, and a rise in same-store RevPAR by approximately 5%. The company attributed these improvements to strong average daily rate performance, demand boosts from events like FIFA 2026, and ongoing portfolio optimization efforts.
Earnings call transcript: Summit Hotel beats Q2 2026 estimates but shares fall
Summit Hotel Properties (INN) exceeded Q2 2026 earnings expectations, reporting adjusted EPS of $0.04 against a forecast loss of $0.05, and revenue of $199.02 million, slightly above estimates. Despite raising its full-year guidance due to stronger hotel performance, the company's stock fell by 2.79% in after-hours trading, indicating investor caution. The lodging company attributed its strong performance to increasing business travel, group bookings, and higher-rated leisure segments, with urban markets being a key driver, alongside a significant contribution from World Cup-related demand.
Press Release: SUMMIT HOTEL PROPERTIES REPORTS SECOND QUARTER 2026 RESULTS
This press release from Summit Hotel Properties reports their financial results for the second quarter of 2026. It provides key performance indicators and a summary of the company's financial health during that period.
News | Summit Hotels CEO: Second-quarter success about 'more than the World Cup'
Summit Hotel Properties CEO Jonathan Stanner reported strong second-quarter results, emphasizing that success extended beyond the FIFA World Cup due to a broad lift in business transient and group travel. The company saw meaningful revenue per available room and earnings growth in various urban markets, including those outside World Cup host cities. Summit also increased its full-year 2026 outlook and sold two Dallas properties for $19 million, while continuing to focus on business travel's recovery and the tech sector's impact.
Summit Hotel Properties: Q2 Earnings Snapshot
Summit Hotel Properties (INN) exceeded Wall Street expectations for its second-quarter earnings, reporting funds from operations (FFO) of $34.9 million, or 29 cents per share, surpassing the average analyst estimate of 28 cents per share. The real estate investment trust, specializing in higher-end hotels, also posted net income of $3.9 million, or 4 cents per share, on revenue of $199 million, and projected full-year FFO to be between 79 cents and 85 cents per share.
UBS Group (INN) discloses 8.08% Summit Hotel Properties stake on Schedule 13G
UBS Group AG and its subsidiaries have disclosed an 8.08% beneficial ownership stake in Summit Hotel Properties, Inc., totaling 8,757,861 shares of common stock, through a Schedule 13G filing. The filing indicates shared voting power over 8,753,313 shares and shared dispositive power over all beneficially owned shares, with no sole voting or dispositive power. This investment is held by various UBS entities, including UBS Financial Services Inc., UBS Securities LLC, UBS AG London Branch, and UBS Switzerland AG, signifying a significant but non-controlling position in the company.
SUMMIT HOTEL PROPERTIES REPORTS SECOND QUARTER 2026 RESULTS
Summit Hotel Properties (INN) announced strong second-quarter 2026 results, with operating income increasing 27.3% to $28.9 million and Adjusted EBITDAre rising 7.7% to $54.8 million. The company's pro forma RevPAR grew 5.0%, driven by a 7.1% increase in average daily rates, leading to an improved outlook and increased full-year 2026 guidance. Additionally, Summit Hotel Properties strengthened its balance sheet by refinancing its $650 million senior credit facility and selling two hotels, reducing leverage and enhancing portfolio quality.
Top dividend growth stocks under $10 include Alvopetro Energy, Summit Hotel & more (VIG:NYSEARCA)
The article identifies top dividend growth stocks trading under $10, with a focus on companies exhibiting strong dividend growth grades from Seeking Alpha. Alvopetro Energy Ltd (ALVOF) is highlighted as having the strongest dividend growth (A+ grade). It also lists other stocks with modest to weak dividend growth within the sub-$10 category.
Arrowstreet Capital Limited Partnership Invests $8.62 Million in Summit Hotel Properties, Inc. $INN
Arrowstreet Capital Limited Partnership recently invested $8.62 million in Summit Hotel Properties, Inc. (NYSE:INN) by acquiring 1.95 million shares, representing a 1.80% ownership stake. Summit Hotel Properties reported quarterly revenue of $185.05 million and an EPS of negative $0.10, surpassing analyst estimates. Despite institutional ownership of 96.47% and a "Hold" consensus rating with an average price target below its current price, the company declared a $0.08 quarterly dividend, yielding 4.7% annually.
Principal Financial Group Inc. Trims Position in Summit Hotel Properties, Inc. $INN
Principal Financial Group Inc. significantly reduced its stake in Summit Hotel Properties, Inc. (NYSE:INN) by 76.7% in the first quarter, selling over half a million shares but retaining 161,232 shares valued at $713,000. Despite this, institutional investors collectively hold 96.47% of the REIT. Summit Hotel Properties reported strong quarterly revenue and beat EPS estimates, opening near its 52-week high and offering a 4.7% dividend yield, though analyst sentiment remains mixed with an average "Hold" rating.
Enterprise value to revenue forward of Summit Hotel Properties, Inc. – NYSE:INN
This article focuses on the enterprise value to revenue forward metric for Summit Hotel Properties, Inc. (NYSE: INN). It provides a high-level overview of this financial ratio for the company, accessible through TradingView. The content appears to be a stub or an entry in a financial data platform rather than a detailed analytical report.
(INN) Volatility Zones as Tactical Triggers
This article analyzes Summit Hotel Properties Inc. (NYSE: INN) using AI models to provide tactical triggers based on volatility zones. It identifies a near-term neutral sentiment amidst mid and long-term strength, with no resistance levels above the current price suggesting upside potential. The analysis presents institutional trading strategies including position trading, momentum breakout, and risk hedging, along with multi-timeframe signal analysis.
INN Forecast — Price Target — Prediction for 2027
This article provides a forecast for Summit Hotel Properties, Inc. (INN) stock, detailing analyst price targets, historical performance, and key financial metrics. It covers the current stock price, volatility, market capitalization, upcoming earnings reports, and dividend information, serving as a comprehensive overview for potential investors.
Summit Hotel Properties, Inc. (NYSE:INN) to Issue Quarterly Dividend of $0.08
Summit Hotel Properties, Inc. (NYSE:INN) announced a quarterly dividend of $0.08 per share, payable on August 31 to shareholders of record on August 17. This represents an annualized dividend of $0.32 and a 4.6% yield. While the current payout ratio of -177.8% indicates earnings do not cover the dividend, analysts project next year's earnings will support a 42.1% payout ratio.
Summit Hotel Properties (INN) Projected to Announce Earnings on Wednesday
Summit Hotel Properties (INN) is expected to announce its Q2 2026 earnings after market close on Wednesday, August 5th, with analysts forecasting a loss of $0.01 per share on $198.9 million in revenue. The company recently reported Q1 EPS of negative $0.10, beating estimates, and has guided for FY 2026 EPS of $0.75–$0.85. The REIT also declared a quarterly dividend of $0.08, providing a 4.7% yield, and currently holds a consensus "Hold" rating from analysts with an average price target of $5.40.
Summit Hotel Properties Keeps Quarterly Dividend at $0.08 a Share, Payable Aug. 31 to Shareholders of Record on Aug. 17
Summit Hotel Properties (NYSE: INN) announced it will maintain its quarterly dividend at $0.08 per share. The dividend is payable on August 31, 2026, to shareholders of record as of August 17, 2026. This news follows a recent $650 million refinancing for the company and its inclusion in Russell 2000 indices.
SUMMIT HOTEL PROPERTIES DECLARES SECOND QUARTER 2026 DIVIDENDS
Summit Hotel Properties, Inc. announced the declaration of cash dividends for the second quarter ended June 30, 2026. This includes a common stock dividend of $0.08 per share, representing an annualized yield of 4.6 percent. Additionally, dividends were declared for Series E and Series F Cumulative Redeemable Preferred Stocks, and distributions for Series Z Cumulative Perpetual Preferred Units, all payable on August 31, 2026.
Summit Hotel sets Aug. 31 cash payouts for common, preferred holders
Summit Hotel Properties (NYSE: INN) declared a second-quarter 2026 cash dividend of $0.08 per common share and common OP unit, representing an annualized yield of 4.6%. The company also announced quarterly dividends for its Series E and F preferred stocks, and a distribution for its Series Z preferred units. All dividends are payable on August 31, 2026, to holders of record as of August 17, 2026.
Summit Hotel Properties, Inc. Revenue Breakdown – FWB:SDP
Summit Hotel Properties, Inc. (FWB:SDP) generated a total revenue of €615.09 million last year, with its Room segment being the highest-performing, contributing €548.14 million. The majority of the company's revenue, €621.09 million, originated from the United States. This indicates a slight decrease in overall revenue compared to the previous year's €628.57 million.
Summit Hotel Properties (NYSE:INN) Upgraded to "Strong-Buy" at Zacks Research
Zacks Research has upgraded Summit Hotel Properties (NYSE:INN) from a "hold" to a "strong-buy" rating. This upgrade indicates improved analyst sentiment, though the overall consensus remains mixed, with an average "Hold" rating and a price target of $5.40 from other analysts. The company recently reported better-than-expected quarterly earnings, with revenue of $185.05 million and EPS of ($0.10) against an anticipated ($0.12).
New Strong Buy Stocks for July 23rd
Zacks Investment Research identified five new "Strong Buy" stocks for July 23rd, based on increases in their current year earnings estimates over the last 60 days. These companies include Pelagos Insurance Capital Limited (PLGO), Ballard Power Systems Inc. (BLDP), Summit Hotel Properties, Inc. (INN), RF Industries, Ltd. (RFIL), and Microbot Medical Inc. (MBOT). The article also mentions a special report on a "Stock Most Likely to Double" in the satellite communications sector.
Best Value Stocks to Buy for July 23rd
This article identifies three top-ranked value stocks for investors to consider on July 23rd: Pelagos Insurance Capital Limit (PLGO), Summit Hotel Properties, Inc. (INN), and RF Industries, Ltd. (RFIL). These companies are highlighted for their strong value characteristics, including favorable price-to-earnings ratios compared to their respective industries or the S&P, and positive revisions to their Zacks Consensus Estimates for earnings. Each stock holds a Zacks Rank #1, indicating strong buy potential.
Best Value Stocks to Buy for July 23rd
This article highlights three value stocks identified by Zacks Investment Research for July 23rd: Pelagos Insurance Capital Limit (PLGO), Summit Hotel Properties, Inc. (INN), and RF Industries, Ltd. (RFIL). Each stock carries a Zacks Rank #1, has seen increases in their consensus earnings estimates, and possesses strong value characteristics as indicated by their P/E ratios compared to industry averages and Value Scores. Investors are encouraged to consider these stocks for potential strong performance.
Price-Driven Insight from (INN) for Rule-Based Strategy
This article provides a price-driven insight for Summit Hotel Properties Inc. (INN) for a rule-based trading strategy. It details a multi-timeframe signal analysis, highlights divergent sentiment readings, and offers AI-generated institutional trading strategies包括 position trading, momentum breakout, and risk hedging with specific entry, target, and stop-loss zones. The analysis indicates potential choppiness and compelling upside potential due to the absence of upper resistance levels.
ETFs Investing in Summit Hotel Properties, Inc. Cum Conv Red Perp Pfd Registered Shs Series F Stocks
This article lists several ETFs that invest in Summit Hotel Properties, Inc. 5.875% Series F Cumulative Redeemable Preferred Stock (INN/PF). It provides details for each ETF, including market value, weight, issuer, management style, expense ratio, assets under management (AUM), current price, change percentage, relative volume, and 3-year NAV total return. The ETFs highlighted are PFFA, FREI, PFF, PFFR, and VPFF, offering investors various options for gaining exposure to preferred stock investments.
Is Summit Hotel Properties (INN) a Great Value Stock Right Now?
Summit Hotel Properties (INN) appears to be a strong value stock, according to Zacks' ranking system. The company holds a Zacks Rank #2 (Buy) and a Value Grade of A, with a P/E ratio of 7.65 compared to its industry's 16.66. Its PEG ratio of 1.26 is also favorable against the industry average of 1.50, suggesting the stock may be undervalued.
Summit Hotel Properties preferred shares offer tax-saving yield opportunities through strategic trading swaps.
Summit Hotel Properties' preferred shares E and F are trading at discounts despite the common stock's 40% rise, presenting opportunities for yield enhancement and capital gains tax reduction. Investors can swap Series E shares, which have declined, for Series F shares with higher yields and deeper discounts to harvest tax losses and maintain attractive income. This strategy exploits market inefficiencies in thinly traded REIT preferred stocks to improve after-tax returns through active and patient trading.
Y Intercept Hong Kong Ltd Purchases 235,699 Shares of Summit Hotel Properties, Inc. $INN
Y Intercept Hong Kong Ltd significantly increased its holdings in Summit Hotel Properties, Inc. (NYSE:INN) by 717.9% in the first quarter, acquiring 235,699 additional shares. This brings their total stake to 268,530 shares valued at approximately $1.19 million, representing 0.25% of the company. Summit Hotel Properties has recently reported better-than-expected earnings and revenue, maintains a 5.0% dividend yield, and analysts currently rate the stock as a "Hold" with an average price target of $5.40.
Summit Hotel Properties, Inc. 6.250% Series E Cumulative Redeemable Preferred Stock
This page provides financial data, specifically the price to earnings forward, for Summit Hotel Properties, Inc.'s 6.250% Series E Cumulative Redeemable Preferred Stock (INN/PE). It is part of the TradingView platform, offering various financial tools and market data for stocks, ETFs, and other assets. The content focuses on presenting a specific financial metric for the mentioned preferred stock.
Summit Hotel Properties, Inc. 6.250% Series E Cumulative Redeemable Preferred Stock
This page provides an overview of the Summit Hotel Properties, Inc. 6.250% Series E Cumulative Redeemable Preferred Stock (INN/PE) on the TradingView platform. It shows the market status (closed, no trades) and offers various navigation options to financial data, news, documents, and community features related to this specific preferred stock. The primary content visible is a section titled "Number of shareholders" which appears to have a period, value, and change metrics, although no specific data is presented in the provided snippet.
Summit Hotel Properties (INN) Is Attractively Priced Despite Fast-paced Momentum
Summit Hotel Properties (INN) is identified as an attractively priced stock exhibiting fast-paced momentum, according to Zacks' "Fast-Paced Momentum at a Bargain" screen. The company shows a 9.5% price increase over four weeks and 37.6% over 12 weeks, with a high beta of 1.26, indicating strong market movement. Despite this momentum, INN trades at a reasonable Price-to-Sales ratio of 0.97, suggesting it is undervalued, and holds a Zacks Rank #2 (Buy).
SUMMIT HOTEL PROPERTIES ANNOUNCES SECOND QUARTER 2026 EARNINGS RELEASE DATE
Summit Hotel Properties, Inc. announced that it will release its second quarter 2026 financial results on Wednesday, August 5, 2026, after market close. The company will host a quarterly conference call on Thursday, August 6, 2026, at 9:00 AM ET. Investors can preregister for the call or access a live webcast via the provided links.
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.
