Summit Hotel Properties, Inc. (INN)

In the past six months, Summit Hotel Properties' stock has experienced several notable events. As of January 9, 2026, the stock price was $4.77, with a dividend yield of 6.71%. Over the last four weeks, the stock gained 2.80%, though its price fell by 0.30% over the last 12 months. On January 13, 2026, the company received a consensus recommendation of "Reduce" from brokerages, with an average 12-month target price of $5.00. Insider transactions also occurred, with a director selling 25,000 shares on January 5, 2026, for a total value of $121,000.00. Summit Hotel Properties announced its fourth-quarter and full-year 2025 earnings release date on January 12, 2026, and reported its third-quarter 2025 results on November 4, 2025. In May 2025, the company announced a $50 million share repurchase program.

The demand for Summit Hotel Properties' hotel rooms exhibits seasonality. Historically, the stock has shown a seasonal timeframe of strength between March 17 and June 8, resulting in an average return of 3.78% above the S&P 500 Total Return Index over the past 13 years. In early 2025, the company experienced strong demand, with a 1.5% RevPAR growth in Q1 2025, but a slowdown began in March. Management anticipates stable demand and continued urban market growth in 2025. However, Q2 2025 RevPAR was expected to decline between 2% and 4% year-over-year, and full-year RevPAR guidance was adjusted towards the lower end of prior expectations, anticipating flat growth at the low end for 2025.

Summit Hotel Properties, Inc. is a publicly traded REIT focused on owning premium-branded lodging facilities, operating in the Hotel/Motel industry. The company acquires, owns, renovates, and asset-manages select-service hotels in the upscale and upper-midscale segments of the U.S. lodging industry, partnering with third-party operators under major brand flags like Marriott, Hilton, Hyatt, and IHG. Revenue is generated primarily through room and other hotel operations.

As of November 4, 2025, Summit Hotel Properties' portfolio comprised 95 assets, with 52 being wholly owned, totaling 14,347 guestrooms located across 24 states in the United States. Other sources indicate a portfolio of approximately 97 assets, 53 of which are wholly owned, with a total of 14,553 guestrooms located in 25 states. The company's lodging properties are strategically situated in urban and suburban markets that exhibit multiple demand generators, including corporate offices and headquarters, retail centers, airports, state capitols, convention centers, and leisure attractions.

Summit Hotel Properties' brand reputation is linked to the strong brand affiliations of the hotels it owns, which operate under well-known names like Marriott, Hilton, Hyatt, and IHG, ensuring a consistent quality and reliable guest experience. In the past year, the company has taken steps to enhance its corporate image by publishing its 2025 Corporate Responsibility Report on November 11, 2025.

Institutional investors hold a significant portion of Summit Hotel Properties, with ownership ranging from 86.01% to 94.1%, while individual investors hold approximately 4.11%. Major institutional owners as of September 2025 include BlackRock, Inc., The Vanguard Group, Inc., Long Pond Capital, LP, H/2 Credit Manager LP, and Jennison Associates LLC. An affiliate of NewcrestImage also became one of the largest shareholders in 2022.