$INN

Summit Hotel Properties (NYSE: INN) reported Q2 2026 results. Operating income rose 27.3% to $28.9M and Adjusted EBITDAre increased 7.7% to $54.8M. Pro forma RevPAR rose 5.0% to $136.06, driven by ADR up 7.1%. Net income was $3.9M. The company refinanced a $650M credit facility and sold two hotels for $19.0M.

Summit Hotel Properties (NYSE: INN) declared second-quarter 2026 cash dividends of $0.08 per common share (and per common unit) payable Aug. 31, 2026, to holders of record Aug. 17. It also declared $0.390625 on 6.25% Series E preferred and $0.3671875 on 5.875% Series F preferred, plus $0.328125 per Series Z unit.

RDOG, the ALPS REIT Dividend Dogs ETF, gained 22.1% year to date through July 17, helped by M&A, credit upgrades and refinancings in its holdings. National Storage Affiliates jumped 66.2% after Public Storage agreed to buy it in March. Other contributors included FrontView, Postal Realty and RLJ Lodging. Nareit reported 8 REIT mergers and privatizations worth $57.7B through June.

Summit Hotel Properties, Inc. (INN) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 executedsummitop2026-cre.htm EX-10.1 executedsummitop2026-cre Execution Copy Deal CUSIP 86607VAU1 Term Loan Facility CUSIP 86607VAW7 Revolving Facility CUSIP 86607VAV9 Delayed Draw Term Loan Facility CUSIP 86607VAX5 SECOND AMENDED AND RESTATED CREDIT AGREEMENT Dated as

Summit Hotel Properties, Inc. (INN) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. inn-20260612 0001497645 FALSE 0001497645 2026-06-12 2026-06-12 0001497645 us-gaap:CommonStockMember 2026-06-12 2026-06-12 0001497645 inn:SeriesECumulativeRedeemablePreferredStock001ParValueMember 2026-06-12 2026-06-12 0001497645 inn:SeriesFCumulativeRedeemablePreferredStock001Par

Summit Hotel Properties, Inc. (NYSE:INN.PF) has declared a quarterly dividend of $0.3672 per share for its 5.875% Series F Cumulative Redeemable Preferred Stock. This dividend is payable on June 17, 2024, to shareholders of record as of June 3, 2024, for the dividend period spanning from March 15, 2024, to June 14, 2024.

Summit Hotel Properties, Inc. (NYSE:INN) has received a consensus "Reduce" rating from analysts, with an average 1-year price target of $5.00. This follows recent Q EPS results missing expectations and the company setting its FY2026 guidance. Institutional ownership remains high at 96.47%, with several large investors modifying their holdings.

Summit Hotel Properties (NYSE:INN) saw its shares trade above its 200-day moving average, reaching $4.86, though analyst sentiment remains mixed with an average "Reduce" rating. The company reported a quarterly EPS miss and has a negative payout ratio despite a 6.6% dividend yield, with FY2026 EPS guidance set between $0.73 and $0.85. Institutional investors have adjusted their holdings, with 96.47% of the stock owned by hedge funds and other large investors.

Summit Hotel Properties faced significant headwinds in 2025, including a drop in international inbound and government demand, leading to declines in RevPAR, ADR, and occupancy. While the first quarter of 2026 is still challenged by these factors and weather events, the REIT anticipates improved performance for the rest of the year, particularly due to the World Cup being hosted in six of its markets. The company projects pro forma RevPAR growth between flat and 3% and adjusted EBITDA for real estate between $167 million and $181 million for 2026.

Summit Hotel Properties (NYSE: INN) has announced its 2026 Annual Meeting of Stockholders will take place on Wednesday, May 20, 2026, at 8:00 a.m. Central Time in Austin, Texas. Stockholders of record as of March 6, 2026, are eligible to attend and vote. The company also reiterated details of its portfolio, consisting of 95 assets (52 wholly owned) and 14,348 guestrooms across 24 states as of February 19, 2026.