Summit Hotel Properties (INN) to Release Earnings on Wednesday

Summit Hotel Properties (NYSE:INN) is expected to be posting 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. Interested persons may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 9:00 AM ET.

Summit Hotel Properties Trading Up 0.8%

Summit Hotel Properties stock opened at $6.93 on Tuesday. The stock has a market cap of $751.51 million, a P/E ratio of -23.91 and a beta of 1.26. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.87 and a quick ratio of 0.87. Summit Hotel Properties has a 1 year low of $3.97 and a 1 year high of $7.17. The firm’s 50 day moving average price is $6.51 and its 200-day moving average price is $5.32.

Summit Hotel Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, August 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.6%. Summit Hotel Properties’s dividend payout ratio is currently -110.34%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Raymond James Financial reiterated an “outperform” rating and issued a $7.00 price target on shares of Summit Hotel Properties in a report on Monday, June 8th. Weiss Ratings raised Summit Hotel Properties from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, May 29th. Finally, Zacks Research upgraded Summit Hotel Properties from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd. One equities research 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 issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $5.40.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in INN. Quarry LP bought a new stake in Summit Hotel Properties during the third quarter worth approximately $35,000. CIBC Asset Management Inc purchased a new position in shares of Summit Hotel Properties in the 4th quarter worth approximately $52,000. Corient Private Wealth LLC purchased a new position in shares of Summit Hotel Properties in the 4th quarter worth approximately $52,000. Tower Research Capital LLC TRC increased its position in shares of Summit Hotel Properties by 148.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,793 shares of the real estate investment trust’s stock valued at $55,000 after purchasing an additional 6,442 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Summit Hotel Properties by 53.6% during the 2nd 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 during the last quarter. Institutional investors own 96.47% of the company’s stock.

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.