Summit Hotel Properties (INN) Projected to Post Quarterly Earnings on Thursday

Key Points

• Summit Hotel Properties will report Q1 2026 results after the market closes on April 30, with analysts expecting EPS of ($0.08) and revenue of $180.016 million, and the company guiding FY2026 EPS of $0.73–$0.85.
• The company missed the prior quarter (reported ($0.06) vs. $0.18 expected) and showed a negative net margin (-0.87%) and negative ROE (-0.50%), though analysts still project about $1 EPS for the current and next fiscal year.
• Shares trade near $4.70 (market cap ~$511.6M) and carry a consensus rating of Reduce with an average price target of $5.00, while institutional investors own roughly 96% of the stock.

Summit Hotel Properties (NYSE:INN - Get Free Report) is anticipated to issue its Q1 2026 results after the market closes on Thursday, April 30th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $180.0160 million for the quarter. Summit Hotel Properties has set its FY 2026 guidance at 0.730-0.850 EPS. Parties may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Friday, May 1, 2026 at 12:00 PM ET.

Summit Hotel Properties (NYSE:INN - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.24). The company had revenue of $174.96 million during the quarter, compared to analysts' expectations of $172.88 million. Summit Hotel Properties had a negative net margin of 0.87% and a negative return on equity of 0.50%. 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 Trading Down 1.6%

Shares of Summit Hotel Properties stock opened at $4.70 on Thursday. The firm has a market capitalization of $511.58 million, a PE ratio of -20.44 and a beta of 1.23. Summit Hotel Properties has a twelve month low of $3.85 and a twelve month high of $6.00. The firm's 50-day moving average price is $4.44 and its 200 day moving average price is $4.83. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.14.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of INN. Amundi lifted its stake 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 worth $591,000 after purchasing an additional 3,623 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of 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 buying an additional 2,528 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Summit Hotel Properties by 1.4% in 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 last quarter. Jane Street Group LLC lifted its holdings in 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 valued at $896,000 after acquiring an additional 2,793 shares during the last quarter. Finally, Strs Ohio acquired a new position in Summit Hotel Properties in the first quarter valued at approximately $102,000. 96.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on INN shares. Wall Street Zen raised shares of Summit Hotel Properties from a "sell" rating to a "hold" rating in a research note on Saturday, February 28th. Weiss Ratings reissued a "sell (d+)" rating on shares of Summit Hotel Properties in a research note on Friday, March 27th. Zacks Research raised shares of Summit Hotel Properties from a "strong sell" rating to a "hold" rating in a research note on Monday, March 16th. Finally, Deutsche Bank Aktiengesellschaft set a $6.00 target price on shares of Summit Hotel Properties and gave the stock a "buy" rating in a research note on Tuesday, January 13th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Summit Hotel Properties currently has a consensus rating of "Reduce" and an average price target of $5.00.

About Summit Hotel Properties

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.