Summit Hotel Properties (NYSE:INN) Releases FY 2026 Earnings Guidance

06 Aug 2026, 00:26 by Mitch Edgeman · The Markets Daily

Summit Hotel Properties (NYSE:INN – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.790-0.850 for the period, compared to the consensus EPS estimate of 0.740. The company issued revenue guidance of -.

Summit Hotel Properties Stock Performance

Shares of NYSE INN traded down $0.09 during trading on Wednesday, hitting $6.80. The company had a trading volume of 788,516 shares, compared to its average volume of 904,238. Summit Hotel Properties has a 12 month low of $3.97 and a 12 month high of $7.17. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.87 and a current ratio of 0.87. The firm has a market capitalization of $737.39 million, a P/E ratio of 8.30 and a beta of 1.26. The stock has a 50 day simple moving average of $6.53 and a 200 day simple moving average of $5.33.

Summit Hotel Properties (NYSE:INN – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. Summit Hotel Properties had a negative net margin of 1.75% and a negative return on equity of 1.03%. The business 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. As a group, analysts anticipate that Summit Hotel Properties will post 0.75 earnings per share for the current year.

Summit Hotel Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Monday, August 17th. Summit Hotel Properties’s dividend payout ratio is currently -110.34%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Raymond James Financial reaffirmed an “outperform” rating and set a $7.00 price target on shares of Summit Hotel Properties in a research note on Monday, June 8th. Weiss Ratings upgraded shares of Summit Hotel Properties from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 29th. Finally, Zacks Research raised shares of Summit Hotel Properties from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $5.40.

Read Our Latest Stock Report on Summit Hotel Properties

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of INN. Amundi lifted its holdings in shares of Summit Hotel Properties by 3.4% in the 1st quarter. Amundi now owns 109,185 shares of the real estate investment trust’s stock worth $591,000 after acquiring an additional 3,623 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Summit Hotel Properties by 4.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,254 shares of the real estate investment trust’s stock valued at $337,000 after purchasing an additional 2,528 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Summit Hotel Properties by 1.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 721,875 shares of the real estate investment trust’s stock worth $3,905,000 after purchasing an additional 9,879 shares during the period. Jane Street Group LLC raised its position in Summit Hotel Properties by 1.7% in the 1st quarter. Jane Street Group LLC now owns 165,679 shares of the real estate investment trust’s stock worth $896,000 after purchasing an additional 2,793 shares during the period. Finally, Strs Ohio bought a new stake in Summit Hotel Properties in the first quarter worth about $102,000. Institutional investors own 96.47% of the company’s stock.

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.