Summit Hotel Properties (INN) Projected to Announce Earnings on Wednesday

Key Points

• Summit Hotel Properties is expected to report Q2 2026 results after market close on August 5. Analysts forecast a loss of $0.01 per share on $198.9 million in revenue; the earnings call is scheduled for August 6 at 9:00 a.m. ET.
• The REIT recently reported Q1 EPS of negative $0.10, beating estimates, while revenue of $185.05 million exceeded expectations. For 2026, management has guided to EPS of $0.75–$0.85.
• Summit declared a quarterly dividend of $0.08, equivalent to $0.32 annually and a 4.7% yield. Analysts’ consensus rating is Hold, with an average price target of $5.40 versus the stock’s reported $6.85 price.

Summit Hotel Properties (NYSE:INN - Get Free Report) is projected 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 $198.9380 million for the quarter. Summit Hotel Properties has set its FY 2026 guidance at 0.750-0.850 EPS. Investors can check the company's upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 9:00 AM ET.

Summit Hotel Properties (NYSE:INN - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported ($0.10) EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.02. The firm had revenue of $185.05 million for the quarter, compared to analyst estimates of $180.51 million. Summit Hotel Properties had a negative net margin of 1.75% and a negative return on equity of 1.03%. 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 Stock Performance

NYSE INN opened at $6.85 on Wednesday. The firm has a market cap of $742.52 million, a price-to-earnings ratio of -23.63 and a beta of 1.26. The company has a 50 day moving average of $6.40 and a 200-day moving average of $5.25. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.16. Summit Hotel Properties has a 1-year low of $3.97 and a 1-year high of $7.14.

Summit Hotel Properties Dividend Announcement

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

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

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

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