Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Company's portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.
IPO Year: 2011
Exchange: NYSE
Website: shpreit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/4/2025 | $4.50 | Neutral → Underperform | BofA Securities |
| 4/30/2025 | $5.00 | Underperform → Neutral | BofA Securities |
| 1/10/2024 | Peer Perform | Wolfe Research | |
| 1/12/2023 | $8.00 | Outperform → Neutral | Robert W. Baird |
| 9/15/2022 | $14.00 → $10.00 | Overweight → Equal Weight | CapitalOne |
| 7/14/2022 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 1/13/2022 | $11.00 → $12.00 | Overweight | Keybanc |
| 9/27/2021 | $12.00 → $11.00 | Buy → Underperform | B of A Securities |
| 8/13/2021 | $11.50 → $10.50 | Outperform | Raymond James |
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)
4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)
4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)
4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)
4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)
4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)
4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)
4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)
4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)
4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)
4 - Summit Hotel Properties, Inc. (0001497645) (Issuer)
8-K - Summit Hotel Properties, Inc. (0001497645) (Filer)
10-Q - Summit Hotel Properties, Inc. (0001497645) (Filer)
SCHEDULE 13G - Summit Hotel Properties, Inc. (0001497645) (Subject)
8-K - Summit Hotel Properties, Inc. (0001497645) (Filer)
10-Q - Summit Hotel Properties, Inc. (0001497645) (Filer)
SCHEDULE 13G/A - Summit Hotel Properties, Inc. (0001497645) (Subject)
8-K - Summit Hotel Properties, Inc. (0001497645) (Filer)
SCHEDULE 13G/A - Summit Hotel Properties, Inc. (0001497645) (Subject)
8-K - Summit Hotel Properties, Inc. (0001497645) (Filer)
8-K - Summit Hotel Properties, Inc. (0001497645) (Filer)
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
BofA Securities downgraded Summit Hotel from Neutral to Underperform and set a new price target of $4.50
BofA Securities upgraded Summit Hotel from Underperform to Neutral and set a new price target of $5.00
Wolfe Research initiated coverage of Summit Hotel with a rating of Peer Perform
Robert W. Baird downgraded Summit Hotel from Outperform to Neutral and set a new price target of $8.00
CapitalOne downgraded Summit Hotel from Overweight to Equal Weight and set a new price target of $10.00 from $14.00 previously
KeyBanc Capital Markets downgraded Summit Hotel from Overweight to Sector Weight
Keybanc reiterated coverage of Summit Hotel Properties with a rating of Overweight and set a new price target of $12.00 from $11.00 previously
B of A Securities downgraded Summit Hotel Properties from Buy to Underperform and set a new price target of $11.00 from $12.00 previously
Raymond James reiterated coverage of Summit Hotel Properties with a rating of Outperform and set a new price target of $10.50 from $11.50 previously
Raymond James reiterated coverage of Summit Hotel Properties with a rating of Outperform and set a new price target of $11.50 from $9.50 previously
Fastest customizable press release news feed in the world
AUSTIN, Texas, Nov. 11, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced the publication of its annual Corporate Responsibility Report, which represents the Company's ongoing commitment to creating long-term shareholder value by investing responsibly, safeguarding the environment, and supporting its employees, communities, and other stakeholders. "I'm proud to share the significant progress we have made on our Corporate Responsibility and Sustainability program," said Jonathan P. Stanner, President and Chief Executive Officer of Su
Completed Sale of Two Assets for $39.0 million at Blended Cap Rate of 4.3 percent Subsequent to Quarter End Completed Refinancing of $400 Million NCI Term Loan at Accretive Pricing to Further Strengthen Balance Sheet AUSTIN, Texas, Nov. 4, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company"), today announced results for the three and nine months ended September 30, 2025. "Operating fundamentals in the third quarter remained relatively stable compared to the trends we observed in the second quarter, as reduced government demand and slower international
AUSTIN, Texas, Oct. 31, 2025 /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 third quarter ended September 30, 2025, 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 third quarter common dividend represents an annualized dividend yield of 6.1 percent based on the closing price of shares of the common stock on October 30, 2025.
AUSTIN, Texas, Sept. 23, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that it will report financial results for the third quarter of 2025 on Tuesday, November 4, 2025, after the market closes. The Company will conduct its quarterly conference call on Wednesday, November 5, 2025, at 9:00 AM ET. To access the conference call, please pre-register using this link. Registrants will receive a confirmation with dial-in details.A live webcast of the conference call can be accessed using this link. A replay of the webcast will be availab
Second Quarter Operating Income of $22.7 Million; AFFO of $32.7 Million or $0.27 per Share Repurchased 3.6 Million Shares for $15.4 Million, an Average of $4.30 per Share Completed Two Significant Debt Financings to Extend Maturity Dates and Enhance Corporate Liquidity AUSTIN, Texas, Aug. 5, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company"), today announced results for the three and six months ended June 30, 2025. "Despite a challenging operating backdrop in the second quarter, we continued to successfully execute on a number of key strategic priori
AUSTIN, Texas, Aug. 1, 2025 /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, 2025, 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 6.1 percent based on the closing price of shares of the common stock on July 31, 2025.
SCOTTSDALE, Ariz., July 08, 2025 (GLOBE NEWSWIRE) -- Caliber (NASDAQ:CWD), a real estate investor, developer, and manager, announced today that Greg James has been promoted to the company's Chief Operating Officer. Greg joined Caliber in October 2024 as COO & Head of Hotel Asset Management and replaced Ignacio Martinez on July 7, 2025. "We thank Ignacio for his service. He joined Caliber at a time when building and scaling our business systems was critical," said Chris Loeffler, CEO and Co-Founder of Caliber, "As we have made significant achievements in these areas, Caliber is now promoting Greg James from COO of Caliber Hospitality Trust & Head of Hotel Asset Management to Caliber's new
AUSTIN, Texas, June 24, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that it will report financial results for the second quarter of 2025 on Tuesday, August 5, 2025, after the market closes. The Company will conduct its quarterly conference call on Wednesday, August 6, 2025, at 9:00 AM ET. To access the conference call, please pre-register using this link. Registrants will receive a confirmation with dial-in details.A live webcast of the conference call can be accessed using this link. A replay of the webcast will be available i
Same Store RevPAR Increased 1.5% Completed $275 Million Delayed Draw Term Loan Financing; Proceeds to Fund February 2026 Convertible Notes Maturity $50 Million Share Repurchase Program Authorized AUSTIN, Texas, April 30, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company"), today announced results for the three months ended March 31, 2025. "Our same-store portfolio RevPAR increased 1.5% during the first quarter and hotel EBITDA margin contracted less than 50 basis points compared to the prior year, reflecting our ability to effectively manage expenses in a low revenue growth environment. During the quarter, we also closed on a favorable $275 million term loan facili
AUSTIN, Texas, April 24, 2025 /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, 2025, 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 8.2 percent based on the closing price of shares of the common stock on April 23, 2025.
Live Leadership Updates
AUSTIN, Texas, Jan. 31, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) ("Summit" or the "Company") today announced that Craig J. Aniszewski, its Executive Vice President and Chief Operating Officer, plans to retire from the Company on March 1, 2022. In his 25 years with Summit and its predecessor, Mr. Aniszewski has been integral to the Company's success through his leadership of Summit's operations, design and construction functions. Jonathan P. Stanner, the Company's President and Chief Executive Officer, noted, "I want to sincerely thank Craig for his trem
AUSTIN, Texas, Dec. 7, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that Dan Hansen will retire from his role as the Company's Executive Chairman effective December 31, 2021. Mr. Hansen will continue to serve on the Company's Board of Directors for the remaining term of his current nomination through the 2022 annual meeting of stockholders. Jeff Jones, currently the Company's Lead Independent Director, will assume the role of Non-Executive Chairman of the Board effective January 1, 2022. "It has been a tremendous privilege to
AUSTIN, Texas, April 13, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced Ms. Amina Belouizdad will be appointed to the Company's Board of Directors (the "Board") effective May 13, 2021 following the annual meeting of the Company's stockholders. With the appointment, the Company's Board will increase to eight members, six of whom being independent, including Ms. Belouizdad. Ms. Belouizdad will sit on the Board's Nominating and Corporate Governance and Compensation Committees. "On behalf of the Board of Directors and the Summit exec
Live finance-specific insights
AUSTIN, Texas, Nov. 11, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced the publication of its annual Corporate Responsibility Report, which represents the Company's ongoing commitment to creating long-term shareholder value by investing responsibly, safeguarding the environment, and supporting its employees, communities, and other stakeholders. "I'm proud to share the significant progress we have made on our Corporate Responsibility and Sustainability program," said Jonathan P. Stanner, President and Chief Executive Officer of Su
Completed Sale of Two Assets for $39.0 million at Blended Cap Rate of 4.3 percent Subsequent to Quarter End Completed Refinancing of $400 Million NCI Term Loan at Accretive Pricing to Further Strengthen Balance Sheet AUSTIN, Texas, Nov. 4, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company"), today announced results for the three and nine months ended September 30, 2025. "Operating fundamentals in the third quarter remained relatively stable compared to the trends we observed in the second quarter, as reduced government demand and slower international
AUSTIN, Texas, Oct. 31, 2025 /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 third quarter ended September 30, 2025, 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 third quarter common dividend represents an annualized dividend yield of 6.1 percent based on the closing price of shares of the common stock on October 30, 2025.
AUSTIN, Texas, Sept. 23, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that it will report financial results for the third quarter of 2025 on Tuesday, November 4, 2025, after the market closes. The Company will conduct its quarterly conference call on Wednesday, November 5, 2025, at 9:00 AM ET. To access the conference call, please pre-register using this link. Registrants will receive a confirmation with dial-in details.A live webcast of the conference call can be accessed using this link. A replay of the webcast will be availab
Second Quarter Operating Income of $22.7 Million; AFFO of $32.7 Million or $0.27 per Share Repurchased 3.6 Million Shares for $15.4 Million, an Average of $4.30 per Share Completed Two Significant Debt Financings to Extend Maturity Dates and Enhance Corporate Liquidity AUSTIN, Texas, Aug. 5, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company"), today announced results for the three and six months ended June 30, 2025. "Despite a challenging operating backdrop in the second quarter, we continued to successfully execute on a number of key strategic priori
AUSTIN, Texas, Aug. 1, 2025 /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, 2025, 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 6.1 percent based on the closing price of shares of the common stock on July 31, 2025.
AUSTIN, Texas, June 24, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that it will report financial results for the second quarter of 2025 on Tuesday, August 5, 2025, after the market closes. The Company will conduct its quarterly conference call on Wednesday, August 6, 2025, at 9:00 AM ET. To access the conference call, please pre-register using this link. Registrants will receive a confirmation with dial-in details.A live webcast of the conference call can be accessed using this link. A replay of the webcast will be available i
Same Store RevPAR Increased 1.5% Completed $275 Million Delayed Draw Term Loan Financing; Proceeds to Fund February 2026 Convertible Notes Maturity $50 Million Share Repurchase Program Authorized AUSTIN, Texas, April 30, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company"), today announced results for the three months ended March 31, 2025. "Our same-store portfolio RevPAR increased 1.5% during the first quarter and hotel EBITDA margin contracted less than 50 basis points compared to the prior year, reflecting our ability to effectively manage expenses in a low revenue growth environment. During the quarter, we also closed on a favorable $275 million term loan facili
AUSTIN, Texas, April 24, 2025 /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, 2025, 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 8.2 percent based on the closing price of shares of the common stock on April 23, 2025.
AUSTIN, Texas, March 26, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that it will report financial results for the first quarter of 2025 on Wednesday, April 30, 2025, after the market closes. The Company will conduct its quarterly conference call on Thursday, May 1, 2025, at 9:00 AM ET. To access the conference call, please pre-register using this link. Registrants will receive a confirmation with dial-in details.A live webcast of the conference call can be accessed using this link. A replay of the webcast will be available in
This live feed shows all institutional transactions in real time.
SC 13G - Summit Hotel Properties, Inc. (0001497645) (Subject)
SC 13G - Summit Hotel Properties, Inc. (0001497645) (Subject)
SC 13G - Summit Hotel Properties, Inc. (0001497645) (Subject)
SC 13G/A - Summit Hotel Properties, Inc. (0001497645) (Subject)
SC 13G/A - Summit Hotel Properties, Inc. (0001497645) (Subject)
SC 13G/A - Summit Hotel Properties, Inc. (0001497645) (Subject)
SC 13G/A - Summit Hotel Properties, Inc. (0001497645) (Subject)
SC 13G/A - Summit Hotel Properties, Inc. (0001497645) (Subject)
SC 13G/A - Summit Hotel Properties, Inc. (0001497645) (Subject)
SC 13G - Summit Hotel Properties, Inc. (0001497645) (Subject)