Summit Hotel Properties (INN) Expected to Release Earnings on Wednesday

Summit Hotel Properties (NYSE:INN) is anticipated to release its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Summit Hotel Properties to announce earnings of ($0.01) per share and revenue of $198.4070 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 6, 2026 at 9:00 AM ET.

Summit Hotel Properties (NYSE:INN) last posted its quarterly earnings data 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 business had revenue of $185.05 million for the quarter, compared to the consensus estimate of $180.51 million. On average, analysts expect Summit Hotel Properties to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Summit Hotel Properties Price Performance

Shares of NYSE INN opened at $6.87 on Monday. 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 stock has a fifty day simple moving average of $6.48 and a two-hundred day simple moving average of $5.30. Summit Hotel Properties has a 1-year low of $3.97 and a 1-year high of $7.17. The firm has a market cap of $744.54 million, a price-to-earnings ratio of -23.69 and a beta of 1.26.

Summit Hotel Properties Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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 acquiring an additional 2,528 shares during the period. Jane Street Group LLC boosted its holdings in shares of Summit Hotel Properties by 1.7% in the first quarter. Jane Street Group LLC now owns 165,679 shares of the real estate investment trust’s stock worth $896,000 after acquiring an additional 2,793 shares during the period. Amundi boosted its holdings in shares of Summit Hotel Properties by 19.9% in the third quarter. Amundi now owns 18,320 shares of the real estate investment trust’s stock worth $100,000 after acquiring an additional 3,040 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Summit Hotel Properties by 22.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 18,917 shares of the real estate investment trust’s stock worth $92,000 after acquiring an additional 3,527 shares during the period. Finally, BNP Paribas Financial Markets grew its position in shares of Summit Hotel Properties by 53.6% in the second quarter. BNP Paribas Financial Markets now owns 10,807 shares of the real estate investment trust’s stock valued at $55,000 after purchasing an additional 3,773 shares in the last quarter. 96.47% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Summit Hotel Properties Company Profile

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.