Summit Hotel Properties (NYSE:INN) Issues FY 2026 Earnings Guidance

Summit Hotel Properties (NYSE:INN) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.750-0.850 for the period, compared to the consensus EPS estimate of 0.730. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on INN shares. Deutsche Bank Aktiengesellschaft set a $6.00 price target on shares of Summit Hotel Properties and gave the company a “buy” rating in a report on Tuesday, January 13th. Wall Street Zen raised shares of Summit Hotel Properties from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. Zacks Research raised shares of Summit Hotel Properties from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Summit Hotel Properties in a report on Friday, March 27th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $5.00.

Summit Hotel Properties Price Performance

Shares of NYSE INN traded up $0.20 on Friday, hitting $5.17. The company’s stock had a trading volume of 1,005,085 shares, compared to its average volume of 788,319. Summit Hotel Properties has a 12-month low of $3.97 and a 12-month high of $6.00. The company has a market capitalization of $561.95 million, a price-to-earnings ratio of -22.46 and a beta of 1.25. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.70 and a quick ratio of 0.70. The stock has a 50 day moving average of $4.50 and a 200-day moving average of $4.81.

Summit Hotel Properties (NYSE:INN) last announced its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.02. The company had revenue of $185.05 million for the quarter, compared to the consensus estimate of $180.51 million. Summit Hotel Properties had a negative net margin of 1.75% and a negative return on equity of 1.02%. Summit Hotel Properties has set its FY 2026 guidance at 0.750-0.850 EPS. As a group, research analysts predict that Summit Hotel Properties will post 0.72 EPS for the current year.

Summit Hotel Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Friday, May 15th. Summit Hotel Properties’s payout ratio is currently -139.13%.

More Summit Hotel Properties News

Here are the key news stories impacting Summit Hotel Properties this week:

• Positive Sentiment: Q1 results beat FFO/AFFO and revenue estimates — AFFO (FFO) of $0.21 per share topped consensus and revenue came in above analyst projections, showing improving operating performance. Summit Hotel Properties (INN) Surpasses Q1 FFO and Revenue Estimates
• Positive Sentiment: Management raised FY2026 EPS guidance to $0.75–$0.85 (above the prior consensus ~$0.73), signaling confidence in cash‑flow recovery for the year. SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2026 RESULTS
• Positive Sentiment: Operational metrics improved: management highlighted positive RevPAR growth in Q1 (better than expected) and reported operating income of ~$14.1M and AFFO of $25.5M — evidence RevPAR momentum is translating to cash flow. SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2026 RESULTS
• Positive Sentiment: Capital recycling: the company announced an agreement to sell the Courtyard and Residence Inn Dallas (Arlington South), consistent with a strategy to monetize non-core assets and strengthen the balance sheet. SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2026 RESULTS
• Neutral Sentiment: Company and sell‑side commentary expect modest full‑year RevPAR growth (management/analysts ~0.5%–3% for 2026), though they noted pockets of stronger demand tied to event-driven activity (World Cup trends). That implies uneven recovery — tailwinds for some markets, muted for others. Summit hotel properties forecasts 0.5% to 3% 2026 RevPAR growth as World Cup pace trends up high teens
• Neutral Sentiment: Full earnings and management commentary (call/transcripts and slide deck) are available for detail; investors can review commentary on mix/market performance and capital allocation. Summit Hotel Properties, Inc. (INN) Q1 2026 Earnings Call Transcript Summit Hotel (INN) Q1 2026 Earnings Transcript
• Negative Sentiment: Profitability and leverage remain concerns: the company still reports a negative net margin and negative ROE, and leverage (debt/equity) is meaningful — factors that could limit upside if RevPAR recovery slows. SUMMIT HOTEL PROPERTIES REPORTS FIRST QUARTER 2026 RESULTS

Hedge Funds Weigh In On Summit Hotel Properties

Institutional investors have recently modified their holdings of the company. Quarry LP acquired a new position in shares of Summit Hotel Properties in the third quarter valued at approximately $35,000. Corient Private Wealth LLC acquired a new position in shares of Summit Hotel Properties in the fourth quarter valued at approximately $52,000. CIBC Asset Management Inc acquired a new position in shares of Summit Hotel Properties in the fourth quarter valued at approximately $52,000. Tower Research Capital LLC TRC raised its position in shares of Summit Hotel Properties by 148.1% in the second quarter. Tower Research Capital LLC TRC now owns 10,793 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 6,442 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of Summit Hotel Properties by 53.6% in the second quarter. BNP Paribas Financial Markets now owns 10,807 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 3,773 shares during the last quarter. Institutional investors and hedge funds own 96.47% of the company’s stock.

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.