$INN

Summit Hotel Properties, Inc.

No enriched coverage for $INN in the last 7 days.

No SEC Form 4 filings for $INN in the last 30 days.

Med

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Summit Hotel Properties, Inc. 5.875% RED PFD F declares $0.3672 dividend

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 (NYSE:INN) Share Price Passes Above Two Hundred Day Moving Average - Time to Sell?

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.