Summit Hotel Properties Inc
$ 4.18
-1.65%
24 Feb - close price
- Market Cap 462,437,000 USD
- Current Price $ 4.18
- High / Low $ 4.28 / 4.16
- Stock P/E N/A
- Book Value 8.27
- EPS -0.17
- Next Earning Report 2026-02-25
- Dividend Per Share $0.32
- Dividend Yield 7.37 %
- Next Dividend Date 2026-02-27
- ROA 0.01 %
- ROE -0.01 %
- 52 Week High 6.23
- 52 Week Low 3.35
About
Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on the ownership of premium brand hotels with efficient operating models primarily in the luxury segment of the lodging industry.
Analyst Target Price
$5.62
Quarterly Earnings
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-11-04 | 2025-08-05 | 2025-04-29 | 2025-02-26 | 2024-11-04 | 2024-07-29 | 2024-05-01 | 2024-02-28 | 2023-11-01 | 2023-08-02 | 2023-05-03 | 2023-02-27 |
| Reported EPS | -0.11 | -0.02 | -0.04 | 0.01 | -0.04 | 0.23 | -0.02 | -0.16 | -0.05 | -0.01 | -0.05 | -0.02 |
| Estimated EPS | -0.05 | 0.05 | -0.02 | -0.08 | -0.06 | -0.04 | -0.08 | -0.13 | -0.05 | 0.13 | -0.07 | -0.02 |
| Surprise | -0.06 | -0.07 | -0.02 | 0.09 | 0.02 | 0.27 | 0.06 | -0.03 | 0 | -0.14 | 0.02 | 0 |
| Surprise Percentage | -120% | -140% | -100% | 112.5% | 33.3333% | 675% | 75% | -23.0769% | 0% | -107.6923% | 28.5714% | 0% |
Next Quarterly Earnings
| Dec 2025 | |
|---|---|
| Reported Date | 2026-02-25 |
| Fiscal Date Ending | 2025-12-31 |
| Estimated EPS | 0.15 |
| Currency | USD |
Previous Dividend Records
| Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 | May 2024 | Feb 2024 | Nov 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-02-27 | 2025-11-28 | 2025-08-29 | 2025-05-30 | 2025-02-28 | 2024-11-29 | 2024-08-30 | 2024-05-31 | 2024-02-29 | 2023-11-30 |
| Amount | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.06 | $0.06 |
Next Dividend Records
| Dividend per share (year): | $0.32 |
| Dividend Yield | 7.37% |
| Next Dividend Date | 2026-02-27 |
| Ex-Dividend Date | 2026-02-13 |
Recent News: INN
2025-11-10 08:00:00
An affiliate of Summit Hotel Properties, Inc. sold the historic 107-key Courtyard Amarillo Downtown to an affiliate of Amarillo-based KAMP Hotels. Hunter Hotel Advisors facilitated the off-market sale and secured financing for the buyer. The transaction highlights the value of local market insight and the emerging market's growth trajectory in Amarillo, Texas.
2025-10-31 17:00:00
Summit Hotel Properties, Inc. (NYSE: INN) announced dividend declarations for the third quarter of 2025. This includes a $0.08 per share cash dividend for common stock, $0.390625 per share for 6.25% Series E Cumulative Redeemable Preferred Stock, and $0.3671875 per share for 5.875% Series F Cumulative Redeemable Preferred Stock, all payable on November 28, 2025. The company also declared distributions for its operating partnership's 5.25% Series Z Cumulative Perpetual Preferred Units.
2025-09-05 17:40:15
Summit Hotel Properties (INN) has been designated as the "Bear of the Day" by Zacks Investment Research due to its declining bottom-line outlook, a result of a shifting business landscape and competition from vacation rental companies. The company's stock has performed poorly, dropping over 50% in the last decade and 17% year-to-date. Despite a 5.9% dividend yield, analysts recommend avoiding INN stock, which holds a Zacks Rank #5 (Strong Sell), as its adjusted FFO estimates continue to fall significantly.
2025-08-07 12:56:00
Summit Hotel Properties experienced a weaker second quarter in 2025, with same-store revenue per available room (RevPAR) declining by 3.6% due to a narrowing booking window and heightened price sensitivity. Despite this, overall demand remained stable, with occupancy reaching 78%, and the company expects incremental improvements in RevPAR for August and September, with the third-quarter outlook ahead of previous expectations. Summit also reported financial results including a net loss of $1.6 million and refinanced several loans, contributing to a longer average length to maturity for its debt.
2024-12-10 00:00:00
Summit Hotel Properties, a REIT based in Austin, Texas, has acquired two hotels in Boston and suburban Washington, D.C. for $96 million through a joint venture with GIC. The acquisition includes the 250-key Hampton Inn Boston - Logan Airport and the 149-key Hilton Garden Inn Tysons Corner, representing an 8.8% capitalization rate based on forecasted 2024 net operating income. This strategic purchase is funded partly by recent asset sales, which generated nearly $150 million, and is expected to close in the last quarter of 2024.
2024-12-06 00:00:00
Jonathan Stanner, CEO of Summit Hotel Properties, discussed the company's recent strategy of selling 10 hotels for $150 million to reduce deferred capital expenditures and deleverage its balance sheet, creating capacity for future growth. The company focused on divesting properties with lower revenue per available room, higher capital expenditure needs, and lower margins, while urban markets like Silicon Valley, Minneapolis, and New Orleans show strong RevPAR and EBITDA growth. Summit anticipates continued low single-digit RevPAR growth and expects its well-positioned portfolio, particularly in urban and suburban markets, to drive performance in 2025.
