Summit Hotel Properties, Inc. logo INN - Summit Hotel Properties, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 7
HOLD 5
SELL 2
STRONG
SELL 0
| PRICE TARGET: $7.00 DETAILS
HIGH: $7.00
LOW: $7.00
MEDIAN: $7.00
CONSENSUS: $7.00
UPSIDE: 2.04%

Stock News

SUMMIT HOTEL PROPERTIES DECLARES SECOND QUARTER 2026 DIVIDENDS

SUMMIT HOTEL PROPERTIES DECLARES SECOND QUARTER 2026 DIVIDENDS

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.

Jul 28, 2026 12:30 PM • prnewswire.com
Swapping Summit Hotel Preferreds To Harvest Tax Losses

Swapping Summit Hotel Preferreds To Harvest Tax Losses

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.

Jul 14, 2026 02:38 PM • seekingalpha.com
SUMMIT HOTEL PROPERTIES COMPLETES $650 MILLION CREDIT FACILITY REFINANCING

SUMMIT HOTEL PROPERTIES COMPLETES $650 MILLION CREDIT FACILITY REFINANCING

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").

Jun 30, 2026 12:30 PM • prnewswire.com
SUMMIT HOTEL PROPERTIES ANNOUNCES MANAGEMENT TRANSITION

SUMMIT HOTEL PROPERTIES ANNOUNCES MANAGEMENT TRANSITION

AUSTIN, Texas, June 12, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that Executive Vice President and Chief Financial Officer, William ("Trey") Conkling will depart the Company effective June 15, 2026 for personal reasons.  "Trey has been a valued member of our executive leadership team over the past five years, and we appreciate his many contributions to Summit during his tenure," said Jonathan Stanner, President and Chief Executive Officer.

Jun 12, 2026 02:30 AM • prnewswire.com
REITs Excel, Earnings Swell, Fed Rebels

REITs Excel, Earnings Swell, Fed Rebels

U.S. equity markets advanced for a fifth straight week - their longest winning streak since 2024 - as strong earnings, resilient data, and hopes for lasting Iran peace fueled optimism. Investors looked through another oil-price surge and inflationary pressure, focusing instead on corporate resilience and economic strength despite a complex macro backdrop shaped by geopolitical and policy uncertainty. The Fed held rates steady in an unusually fractured 8-4 vote, while Powell's plan to remain on the Board broke precedent and raised politically charged succession questions.

May 03, 2026 05:00 AM • seekingalpha.com
SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2026 RESULTS

SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2026 RESULTS

First Quarter Operating Income of $14.1 Million; AFFO of $25.5 Million or $0.21 per Share Increased 2026 Outlook as Sequential RevPAR Improvement Results in Positive First Quarter RevPAR Growth Accretive Capital Recycling Continues with Agreement to Sell the Courtyard and Residence Inn Dallas (Arlington South) AUSTIN, Texas, April 30, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the three months ended March 31, 2026. "Operating fundamentals improved meaningfully in the first quarter as positive RevPAR growth in the quarter exceeded our expectations by over 200 basis points.

Apr 30, 2026 12:30 PM • prnewswire.com
SUMMIT HOTEL PROPERTIES DECLARES FIRST QUARTER 2026 DIVIDENDS

SUMMIT HOTEL PROPERTIES DECLARES FIRST QUARTER 2026 DIVIDENDS

AUSTIN, Texas, April 23, 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 first quarter ended March 31, 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 first quarter common dividend represents an annualized dividend yield of 6.8 percent based on the closing price of shares of the common stock on April 22, 2026.

Apr 23, 2026 12:30 PM • prnewswire.com

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