INN - Summit Hotel Properties, Inc.
Public Employees Retirement System of Ohio purchased a new position in shares of Summit Hotel Properties, Inc. (NYSE: INN) during the undefined quarter, according to its most recent 13F filing with the SEC. The firm purchased 233,000 shares of the real estate investment trust's stock, valued at approximately $1,633,000. Public Employees Retirement System
Ryman Hospitality Properties (NYSE: RHP - Get Free Report) and Summit Hotel Properties (NYSE: INN - Get Free Report) are both real estate companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, earnings, analyst recommendations, dividends, risk, profitability and institutional ownership. Dividends Ryman Hospitality Properties pays
Connor Clark and Lunn Investment Management Ltd. purchased a new position in Summit Hotel Properties, Inc. (NYSE: INN) during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 99,653 shares of the real estate investment trust's stock, valued at approximately $699,000.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Summit Hotel Properties (INN) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Summit Hotel Properties (INN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Summit Hotel Properties NYSE: INN reported second-quarter results that exceeded its expectations, citing broad-based demand growth, stronger pricing and continued expense controls. The company raised its full-year guidance for RevPAR, adjusted EBITDAre and adjusted funds from operations after reporting improving trends through July.
Summit Hotel Properties, Inc. (INN) Q2 2026 Earnings Call Transcript
Summit Hotel Properties (INN) came out with quarterly funds from operations (FFO) of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to FFO of $0.27 per share a year ago.
Second Quarter Operating Income Increased 27.3% to $28.9 Million; Adjusted EBITDAre Increased 7.7% to $54.8 Million Second Quarter Pro Forma RevPAR Increased 5.0% , Led by Robust ADR Growth of 7.1% Strengthened Balance Sheet with Refinanced $650 Million Senior Credit Facility and S ale of Two Additi onal Hotels AUSTIN, Texas, Aug. 5, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the three and six months ended June 30, 2026. "We were pleased with our strong second quarter results and are increasingly optimistic about the outlook for our business.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
AUSTIN, Texas, July 28, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the second quarter ended June 30, 2026, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's second quarter common dividend represents an annualized dividend yield of 4.6 percent based on the closing price of shares of the common stock on July 27, 2026.
PLGO, BLPD, INN, RFIL and MBOT have been added to the Zacks Rank #1 (Strong Buy) List on July 23, 2026.
PLGO, INN and RFIL made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 23, 2026.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Summit Hotel Properties (INN) preferreds E and F offer yield and tax-mitigation opportunities via strategic trading of mispriced, thinly traded issues. INN common stock surged 40% YTD, but INN.PR.E and INN.PR.F preferreds declined, presenting discounts to par and enhanced yields. Swapping INN.PR.E for INN.PR.F enables investors to harvest tax losses, maintain high yield, and increase upside to par value.
Summit Hotel Properties (INN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
AUSTIN, Texas, July 1, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the second quarter of 2026 on Wednesday, August 5, 2026, after the market closes. The Company will conduct its quarterly conference call on Thursday, August 6, 2026, at 9:00 AM ET.
AUSTIN, Texas, June 30, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has successfully completed the refinancing and upsizing of its senior unsecured credit facility (the "Credit Facility"). The $650 million senior unsecured credit facility is comprised of a $400 million senior unsecured revolving credit facility (the "Revolver"), a $200 million senior unsecured term loan (the "Term Loan"), and a $50 million senior unsecured delayed draw term loan (the "Delayed Draw Term Loan").
Does Summit Hotel Properties (INN) have what it takes to be a top stock pick for momentum investors? Let's find out.