Summit Hotel Properties Inc
$ 4.87
-0.81%
26 Dec - close price
- Market Cap 529,899,000 USD
- Current Price $ 4.87
- High / Low $ 4.91 / 4.82
- Stock P/E N/A
- Book Value 8.27
- EPS -0.17
- Next Earning Report 2026-03-02
- Dividend Per Share $0.32
- Dividend Yield 6.52 %
- Next Dividend Date -
- ROA 0.01 %
- ROE -0.01 %
- 52 Week High 6.56
- 52 Week Low 3.40
About
Summit Hotel Properties, Inc. (Ticker: INN) is a prominent publicly traded real estate investment trust (REIT) focused on the strategic acquisition and management of a diverse portfolio of premium branded hotels, primarily catering to the upscale and luxury market segments. The company employs innovative operational strategies aimed at maximizing profitability while cultivating strong relationships with leading hotel brands, ensuring operational excellence. Committed to sustainability and enhancing guest experiences, Summit Hotel Properties is poised to leverage the ongoing recovery in travel and tourism, positioning itself as a compelling investment opportunity for institutional investors seeking targeted exposure in the hospitality sector.
Analyst Target Price
$6.12
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 | 2026-03-02 |
| Fiscal Date Ending | 2025-12-31 |
| Estimated EPS | -0.11 |
| Currency | USD |
Previous Dividend Records
| Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 | May 2024 | Feb 2024 | Nov 2023 | Aug 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 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 | 2023-08-31 |
| Amount | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.06 | $0.06 | $0.06 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
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.
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.
2024-11-07 00:00:00
The Four Points by Sheraton hotel in South San Francisco, serving San Francisco International Airport, has been sold by Summit Hotel Properties to Piramco, Inc. for $17.7 million. This sale represents a discount from its previous sale price in 2014. Despite this sale, Summit Hotel Properties continues to own three other hotels in the Bay Area.
2024-04-04 12:28:00
The Baird Hotel Stock Index continues to grow, but at a slower pace in March compared to previous months, with a 1.9% gain. Hotel brands are outperforming REITs within the index, though both subindexes underperformed their relative benchmarks for the month. Despite the slowed monthly growth, the hotel stock index is up 11.9% year to date, surpassing the S&P 500's performance.
