SUMMIT HOTEL PROPERTIES REIT INC (INN)
Real Estate · Hotel REITs / Lodging Property Investment · NYSE
Summit Hotel Properties is an upscale lodging REIT owning 95 premium-branded hotels across major U.S. metros, focused on efficient operations and capital allocation to drive long-term returns.
What SUMMIT HOTEL PROPERTIES REIT INC does
Summit Hotel Properties is a self-managed REIT that owns and operates a portfolio of 95 upscale lodging properties with 14,347 guestrooms across 24 states, primarily under premium franchise brands including Marriott, Hilton, Hyatt, and IHG. The company focuses on lodging properties in desirable metropolitan locations with efficient operating models and strong margins, generating revenue through room rates, food and beverage, and other ancillary services. It owns 100% of 52 properties and maintains controlling or significant interests in additional properties through joint ventures, including a 51% stake in a joint venture with GIC.
Themes: Hotel REIT operations, Premium hospitality brands, Metropolitan markets / top-50 MSAs, Asset and revenue management, Joint venture partnerships
Fundamentals
- Price$6.16 as of 2026-08-21 close
- Market cap$664M as of 2026-08-21
- 1-year return+21.7% 2025-08-21 close $5.06 → 2026-08-21 close $6.16
- P/En/a negative earnings
- Net margin-0.7% as of 2026-08-24
- Gross margin+40.8% as of 2026-08-24
- ROE-0.6% as of 2026-08-24
- Debt / equity1.63 as of 2026-08-24
- Revenue growth (YoY)+1.2% as of 2026-08-24
- Revenue CAGR (3y)+2.6% SEC XBRL
- Beta1.29 as of 2026-08-24
- Last reported earnings2023-08-02 most recent in our data — SEC EDGAR Form 8-K (Item 2.02); no newer announcement filed
Dividend: yield +3.8%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
How INN compares in its sector
- net profit marginbottom 25% 161 covered Real Estate peers, as of 2026-08-24
- operating marginmiddle range 161 covered Real Estate peers, as of 2026-08-24
- gross marginbottom 25% 156 covered Real Estate peers, as of 2026-08-24
- return on equitybottom 25% 162 covered Real Estate peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 155 covered Real Estate peers
- indicated dividend yieldmiddle range 138 covered Real Estate peers, as of 2026-08-24
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, INN's dividend was covered by reported results (operating-cash-flow payout 26%). This describes past coverage, not a forecast.
- Earnings payoutnot assessable earnings not reported
- Operating-cash-flow payout26% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How SUMMIT HOTEL PROPERTIES REIT INC looks technically
SUMMIT HOTEL PROPERTIES REIT INC (INN) is trading 16.0% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 53 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 40, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 5 trading days ago.
Trend
8
| Distance from the 200-day | it is trading 16.0% above its 200-day average, the long-term trend line — a longer-term uptrend | +16.1% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $6.58 | $6.58 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $5.31 | $5.31 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 22 calendar days ago — the swings before that are what the structure reading is measured on | 22 sessions |
| Wave structure | its recent swings can be read as a completed five-part upward sequence — the pattern Elliott-wave chartists call an impulse — which on that reading would now be due a pullback rather than more of the same; the labelling fails if price closes above 7.17. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible five-wave upward sequence, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 53 trading days ago — a "golden cross", a bullish long-term signal | 53 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend) | 18.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 40, neither overbought (above 70) nor oversold (below 30) | 40.2 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($5.88 to $7.11) — its "stochastic" reading is 22 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 22.5 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 19 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $7.17 | $7.17 |
|---|---|---|
| From the 52-week high | it is 14.1% below its 52-week high (its highest price of the past year) | -14.1% |
| Above the 52-week low | it is 55.0% above its 52-week low (its lowest price of the past year) | +55.0% |
| Below the 52-week high | it is 14.1% below its highest point of the past year | 14.1% |
| Since a 20-day breakout | it made a new 20-day low about 5 trading days ago | 5 sessions |
| Since a 55-day breakout | it made a new 55-day high about 40 trading days ago | 40 sessions |
| All-time high | its highest closing price on record is $19.39 (set on 2017-06-28) | $19.39 |
| Given back of the 52-week move | over the past year its closes ranged ($4.03 to $7.07), and it has given back roughly a quarter of its rise from last year’s low — 30% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $5.09 to $5.19. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 29.9% |
| From the all-time high | it is 68.2% below its all-time high | -68.2% |
| Nearest price level | it is sitting right on a support level at $6.14 — a price it turned at three times since 2024-09-11, most recently on 2025-02-25. Since 2024-08-21 it has 12 such levels below the current price and 5 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.3% |
| All-time low | its lowest closing price on record is $2.32 (set on 2020-03-18) | $2.32 |
| Above the all-time low | it is 165.5% above its all-time low | +165.5% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 90% of the past ~6 months) | 90th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.2061 between its high and its low — about 3.4% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.2061 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $5.68 and $7.25 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $5.68 – $6.46 – $7.25 |
| Typical daily range (% of price) | its price moves about 3.4% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.4% |
| Stretch from the 200-day average | it is trading 4.1 daily ranges above its 200-day average price (16.1% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 4.1 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.73× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a hammer | 6 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 6 sessions ago |
|---|---|---|
| Since a bullish engulfing | 3 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 3 sessions ago |
Price gaps
2
| Gap at the open | it opened on 2026-08-21 0.5% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.5% |
|---|---|---|
| Gap filled | a 3.7% gap up opened on 2026-06-16 has been "filled" 9 sessions ago — price traded back through the level the gap left behind, and it took 37 sessions to close | 9 sessions ago |
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 14.6 percentage points (the stock lost 12.3% while the market gained 2.3%) | -14.6% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 6.1 percentage points (the stock gained 9.2% while the market gained 3.1%) | +6.1% |
| vs market, 6 months | over the past 6 months this stock beat the market by 30.9 percentage points (the stock gained 41.9% while the market gained 11.1%) | +30.9% |
| vs market, 12 months | over the past 12 months this stock beat the market by 1.3 percentage points (the stock gained 21.7% while the market gained 20.5%) | +1.3% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is moderate, spanning 7.6% of the share price. | 0.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 17% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $5.27 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | +17.0% |
|---|---|---|
| Vs the average paid since it last reported | the price is sitting right on the average price paid since it last reported on 2026-08-05 (its 10-Q), so the typical buyer over that stretch is roughly break-even. That average is $6.18 — a volume-weighted average of daily closes over 13 sessions, not a true tick-by-tick VWAP. | -0.4% |
Price levels it has turned at before
INN last closed at $6.16 on 2026-08-21. Since 2024-08-21 it has turned at 12 prices below its last close and 5 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $6.14 | Support | 0.3% below the last close | turned there three times · 2024-09-11 to 2025-02-25 |
| $6.32 | Resistance | 2.5% above the last close | turned there twice · 2025-01-10 to 2026-07-08 |
| $5.97 | Support | 3.0% below the last close | turned there three times · 2024-11-05 to 2025-09-19 |
| $6.48 | Resistance | 5.2% above the last close | turned there twice · 2024-10-10 to 2025-02-12 |
| $5.78 | Support | 6.2% below the last close | turned there three times · 2025-07-23 to 2025-11-11 |
| $6.64 | Resistance | 7.9% above the last close | turned there four times · 2024-11-11 to 2026-07-28 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $7.17.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · trendless / choppy (low ADX) · beating the market · Trading inside the Ichimoku cloud · Near a support level (sitting on a price it has bounced off before) · Completed Elliott five-wave sequences | Learn: moving average · golden cross · adx · rsi · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (2.67 mean, 1=Strong Buy…5=Strong Sell) — 4 analysts
- Mean price target$6.69 range $5.25 – $8.00; median $6.75
Analyst estimates, as of 2026-08-21. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Key risks (from latest filing)
["Significant leverage with debt of $1.4 billion against total assets of $2.75 billion, creating refinancing and interest rate risk in a rising rate environment","Currently unprofitable with negative net margin of -1.48% and net losses attributable to common stockholders, coupled with ongoing depreciation and property write-downs","Dependence on third-party property management companies and franchise operators (Marriott, Hilton, Hyatt, IHG), with exposure to franchise agreement renewals and brand performance"]
What changed in the latest 10-Q
AI-assisted comparison of INN's 10-Q filed 2026-04-30 against the prior one filed 2025-11-04.
Management's Discussion & Analysis (MD&A)
- Added:
- Added reference to Form 10-K for year ended December 31, 2025 (newer filing, filed 2026-04-30)
- Added risk factor: 'including losses in excess of estimates for self-insured risks' related to insurance costs and availability (newer filing, filed 2026-04-30)
- Added risk factor: 'a data breach or significant disruption of our information technology systems and networks, or those of our brand or third-party property manager partners, due to cybersecurity incidents may result in losses that are greater than insurance coverages or indemnities from service providers. Cybersecurity incidents could also result in, among other things, a loss of business due to a decline in consumer confidence' (newer filing, filed 2026-04-30)
- Added risk factor language: 'our ability to successfully implement our share repurchase program or implement future share repurchase programs' (newer filing, filed 2026-04-30)
- Removed:
- Removed reference to Form 10-K for year ended December 31, 2024 (older filing, filed 2025-11-04)
- Removed risk factor: 'the effect of government shut-downs' was moved but content changed (older filing, filed 2025-11-04)
- Removed risk factor language: 'that could affect the labor market or our business' from tariffs bullet point (older filing, filed 2025-11-04)
- Removed risk factor language: 'the effect of a data breach or significant disruption of property operator information technology networks, including as a result of cyber-attacks that are greater than insurance coverages or indemnities from service providers' (older filing, filed 2025-11-04)
- Removed risk factor: 'the announced share repurchase program which may not result in the full authorized amount being expended to repurchase shares of our common stock and could affect our share price and volatility' (older filing, filed 2025-11-04)
- Reworded:
- Changed 'regional, and local' to 'regional and local' (punctuation change; newer filing, filed 2026-04-30)
- Changed 'that could affect our business' to 'that could affect the labor market or our business' in tariffs bullet (older filing, filed 2025-11-04)
- Changed 'significant increases in insurance costs or availability;' to 'significant increases in insurance costs or availability, including losses in excess of estimates for self-insured risks;' (newer filing, filed 2026-04-30)
- Changed cybersecurity risk factor from 'the effect of a data breach or significant disruption of property operator information technology networks' to 'a data breach or significant disruption of our information technology systems and networks, or those of our brand or third-party property manager partners' (newer filing, filed 2026-04-30)
- Changed cybersecurity risk factor from narrower scope to expanded scope including brand and property manager partners (newer filing, filed 2026-04-30)
- Changed 'environmental uncertainties and risks related to natural disasters' to 'environmental uncertainties and risks, including related to natural disasters' (newer filing, filed 2026-04-30)
- Changed 'terms, and deployment' to 'terms and deployment' (punctuation change; newer filing, filed 2026-04-30)
- Changed 'execute' to 'implement' in share repurchase program language (newer filing, filed 2026-04-30)
- Notes:
- Text appears truncated at end of both filings so full section content was not compared
- Comparison limited to the provided MD&A opening sections
Risk Factors
- Added:
- Loss on write-down of assets of $3,641 thousand in Q1 2026 (newer filing, filed 2026-04-30)
- Item 1A Risk Factors page number changed from 56 to 47 (newer filing, filed 2026-04-30)
- Item 2 page number changed from 56 to 47 (newer filing, filed 2026-04-30)
- Item 3 page number changed from 56 to 48 (newer filing, filed 2026-04-30)
- Item 4 page number changed from 57 to 48 (newer filing, filed 2026-04-30)
- Item 5 page number changed from 57 to 48 (newer filing, filed 2026-04-30)
- Item 6 page number changed from 58 to 49 (newer filing, filed 2026-04-30)
- Removed:
- Investment in lodging property under development line item removed from balance sheet (older filing, filed 2025-11-04 showed $0 thousand; newer filing does not include this line)
- Transaction costs line item in operating expenses removed (older filing showed $0-10 thousand; newer filing does not include this line)
- Gain on extinguishment of debt line item removed (older filing showed option for this line; newer filing does not include this line)
- Nine Months Ended September 30 comparison columns removed from statements of operations and comprehensive income (older filing included nine-month data; newer filing shows only three-month data)
- Common stock redemption of common units line item removed from statements of changes in equity for the current period comparison (older filing showed this; newer filing does not include for 2026 period)
- Reworded:
- Statements of operations expense line changed from 'Other (expense) income, net' to 'Other income, net' (reflects presentation change between filings)
- Balance sheet comparative dates changed from 'September 30, 2025' and 'December 31, 2024' to 'March 31, 2026' and 'December 31, 2025' (newer filing reflects more recent quarter-end)
- Notes:
- The two filings cover different reporting periods (Q1 2026 ended March 31, 2026 vs. Q3 2025 ended September 30, 2025), making some line item changes attributable to period-specific circumstances rather than policy changes
- Page numbering changes reflect different document lengths and content organization between the filings
- Removal of nine-month comparison data is consistent with quarterly reporting format differences (Q3 2025 filing included year-to-date data; Q1 2026 filing shows only quarterly data)
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for INN — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
INN had 1,992,460 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
INN had 1.85% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.15 days to cover at the same settlement.
- Reported short interest (shares) 1,992,460
- Short interest (% of shares outstanding) 1.85%
- Prior settlement (shares) 2,371,438
- Reported change -15.98%
- Days to cover (reported) 2.15
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Apple Hospitality REIT (APLE)
- RLJ Lodging Trust (RLJ)
- Chatham Lodging Trust (CLDT)
- Park Hotels & Resorts (PK)
- Xenia Hotels & Resorts (XHR)
- Ashford Hospitality Trust (AHT)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare INN vs…
Frequently asked questions
What does SUMMIT HOTEL PROPERTIES REIT INC (INN) do?
Summit Hotel Properties is a self-managed REIT that owns and operates a portfolio of 95 upscale lodging properties with 14,347 guestrooms across 24 states, primarily under premium franchise brands including Marriott, Hilton, Hyatt, and IHG. The company focuses on lodging properties in desirable metropolitan locations with efficient operating models and strong margins, generating revenue through room rates, food and beverage, and other ancillary services.
What sector is SUMMIT HOTEL PROPERTIES REIT INC (INN) in?
SUMMIT HOTEL PROPERTIES REIT INC (INN) is classified in the Real Estate sector. Its industry is Hotel REITs / Lodging Property Investment. It trades on NYSE.
Does INN pay a dividend?
Yes — SUMMIT HOTEL PROPERTIES REIT INC (INN) pays a dividend, with an indicated yield of about 3.82% and 4-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-08-24). Informational only — not financial advice.
Who are SUMMIT HOTEL PROPERTIES REIT INC's (INN) competitors?
Notable peers of SUMMIT HOTEL PROPERTIES REIT INC (INN) include Apple Hospitality REIT, RLJ Lodging Trust, Chatham Lodging Trust, Park Hotels & Resorts and Xenia Hotels & Resorts. This peer set is informational only — not financial advice.
Is SUMMIT HOTEL PROPERTIES REIT INC (INN) overbought or oversold right now?
SUMMIT HOTEL PROPERTIES REIT INC (INN) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 40, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on INN come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.