Summit Hotel Properties, Inc.

Day range

$6.86 – $7.00

Open

$7.00

Prev close

$7.03

Volume

1.23M

Market cap

$758.21M

Shares out

107.85M

P/E

—

P/S

1.03

P/B

0.90

P/FCF

8.26

ROE

-2.8%

ROA

-0.9%

Debt/Equity

1.63

Div yield

7.54%

As of Oct 22, 2026

• Equity activityAug 7, 2026

  Sales of shares of the Company's Common Stock, if any, made through the Managers, as the Company's sales agents or, if applicable, as forward sellers pursuant to the Equity Distribution Agreement, may be made in sales deemed to be "at-the-market offerings" as defined in Rule 415 under the Securities Act of 1933, as amended (the "Securities Act"), including (1) by means of ordinary brokers' transactions on the New York Stock Exchange at market prices prevailing at the time of sale, in negotiated transactions or as otherwise agreed by the Company, the applicable Manager and the applicable investor...Each Manager will receive from the Company a commission that will not exceed, but may be lower than, 2.0% of the gross sales price of shares of the Company's Common Stock sold through it as its sales agent under the Equity Distribution Agreement.

• Debt activityJun 30, 2026

  In addition, we are required to comply with a series of financial and other covenants under the Amended Credit Facility. The material financial covenants include the following: a maximum leverage ratio of not greater than 7.25:1.00; a minimum consolidated tangible net worth of not less than $1,672,460,755 plus 75% of the net cash proceeds of subsequent equity issuances; a minimum consolidated fixed charge coverage ratio of not less than 1.50:1.00; a ratio of secured indebtedness to total asset value of not more than 45%; and a ratio of secured recourse indebtedness to total asset value of not more than 10%.

• Executive leadershipJun 12, 2026

  Under the Separation Agreement, Mr. Conkling has agreed to provide the Company with consulting and transition services for the period commencing on June 16, 2026, and ending on September 30, 2026. During the consulting period, Mr. Conkling will receive a consulting fee of $25,000 per calendar month as prorated based on the effective date of the Separation Agreement.

• Shareholder meetingsMay 21, 2026

  On May 20, 2026, Summit Hotel Properties, Inc. (the "Company") held its Annual Meeting of Stockholders (the "Annual Meeting"). There were 93,766,794 shares of common stock of the Company represented in person or by proxy at the meeting, constituting 86.18% of the outstanding shares of common stock on March 6, 2026, the record date for the Annual Meeting. The matters voted upon at the Annual Meeting and the final results of such voting are set forth below: Proposal 1: To elect eight directors to the Company's Board of Directors... All director nominees were duly elected at the Annual Meeting.

• Debt activityDec 18, 2025

  On December 17, 2025, the Operating Partnership, as borrower, the Company, as parent guarantor, the subsidiary guarantors party thereto, the lenders party thereto and Regions Bank ("Regions"), as administrative agent, entered into an amendment to that certain Credit Agreement dated as of February 26, 2024... the interest payable pursuant to each respective credit agreement has been reduced by removing the 0.10% credit spread adjustment to the term SOFR rate therein.

• DRHDiamondrock Hospitality Company Common Stock-0.90%
• RLJRLJ Lodging Trust-0.66%
• XHRXenia Hotels & Resorts, Inc.+0.05%
• SHOSunstone Hotel Investors, Inc.-0.71%
• APLEApple Hospitality REIT, Inc.-0.66%
• PEBPebblebrook Hotel Trust-1.35%
• PKPark Hotels & Resorts Inc. Common Stock-1.86%
• CLDTCHATHAM LODGING TRUST-1.54%

Days to cover

1.6

Short interest

2.09M

Avg volume

1.33M

As of Sep 30, 2026 · reported to FINRA twice monthly.

• Is Summit Hotel Properties (INN) Stock Undervalued Right Now?
  positiveZacks Investment Research· Oct 23, 2026
• Is Summit Hotel Properties (INN) a Great Value Stock Right Now?
  positiveZacks Investment Research· Oct 7, 2026
• SUMMIT HOTEL PROPERTIES DECLARES FIRST QUARTER 2026 DIVIDENDS
  positiveBenzinga· Apr 23, 2026
• SUMMIT HOTEL PROPERTIES DECLARES FOURTH QUARTER 2025 DIVIDENDS
  positiveBenzinga· Jan 22, 2026
• Should Value Investors Buy Summit Hotel Properties (INN) Stock?
  Zacks Investment Research· Jun 13, 2024