Summit Hotel Properties, Inc. is a publicly listed real estate investment trust (REIT) that concentrates on acquiring and managing premium-branded, efficiently operated ...
Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer
Est. EPS $-0.12 · Revenue $180.07M · 2 analysts
Est. EPS $-0.12 · Revenue $176.03M · 1 analysts
Est. EPS $-0.35 · Revenue $739.63M · 1 analysts
Est. EPS $-0.09 · Revenue $187.78M · 1 analysts
$0.32 per share
$0.32 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $729.5M | -0.3% | +7.5% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-8.0M | -118.2% | +219.9% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | -7.7% | -121.6% | +767.1% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +8.4% | -40.9% | +50.1% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -1.1% | -118.3% | +211.5% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $73.6M | -4.5% | +170.2% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +10.1% | -4.2% | +151.2% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 164.5% | +5.2% | -1.6% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.25x | +2.2% | -99.9% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $2.8B | -4.2% | -1.0% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -0.22 vs -0.31 | +29.0% | 0.04 vs -0.01 | +451.0% |
| Revenue Surprise | $729.5M vs $727.4M | +0.3% | $199.0M vs $198.4M | +0.3% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| May 20, 2026 | Hanson Bjorn R.L. | director | Common Stock | A | 22,293 | — |
| May 20, 2026 | Kay Kenneth J | director | Common Stock | A | 22,293 | — |
| May 20, 2026 | Belouizdad Amina | director | Common Stock | A | 22,293 | — |
| May 20, 2026 | Patel Mehulkumar Bhikhubhai | director | Common Stock | A | 22,293 | — |
| May 20, 2026 | Taitz Hope S | director | Common Stock | A | 22,293 | — |
Operator: Ladies and gentlemen, thank you for standing by. My name is Duncan and I will be your conference operator for today. I would like to welcome you to Summit Hotel Properties' second quarter earnings call. [Operator Instructions] Now, I'd like to turn the conference over to Kevin Milota, Senior Vice President, Corporate Finance. Please go ahead. Kevin Milota: Thank you, operator, and good morning. I'm joined today by Summit Hotel Properties' President and Chief Executive Officer, Jon Stanner; and Adam Wudel, Executive Vice President, Corporate Development. Please note that many of our comments today are considered forward-looking statements as defined by federal securities laws. These statements are subject to risks and uncertainties, both known and unknown, as described in our SEC filings. Forward-looking statements that we make today are effective only as of today, August 6, 2026, and we undertake no duty to update them later. You can find copies of our SEC filings in our earnings release, which contain reconciliations to non-GAAP financial measures referenced on this call, on our website at www.shpreit.com. Please welcome Summit Hotel Properties President and Chief Executive Officer, Jon Stanner. Jonathan Stanner: Thank you, Kevin, and good morning, everyone. Thank you for joining us today for our second quarter 2026 earnings conference call. On today's call, we will discuss our terrific second quarter results and our improved outlook for the remainder of the year that together are driving an increase to our full-year guidance ranges. We will also highlight the continued success we have had selling assets, recycling capital, enhancing the overall quality of our portfolio, and strengthening our balance sheet. Operating fundamentals were strong in the second quarter, exceeding our expectations going into the quarter, as pro forma RevPAR increased 5% year-over-year, driven by a robust 7.1% increase in average daily rate. We were particularly pleased with the breadth of demand we saw across both segments and markets. Hotel EBITDA in our pro forma portfolio increased 7.8% in the quarter, resulting in nearly 90 basis points of margin expansion, as rate-driven RevPAR growth and ongoing strong cost controls drove healthy profitability growth. Adjusted EBITDAre increased 7.7% to $54.8 million, and adjusted FFO increased 6.7% to $34.9 million, or $0.29 per share in the second quarter. The positive inflection in demand trends we first began to see in March of this year, accelerated into the second quarter and continued through July. More specifically, strengthening business transient and group demand is driving robust midweek performance, particularly in urban markets, as average daily rate in our urban portfolio increased 9% in the second quarter, driving an 8% increase in RevPAR growth and 12% increase in Hotel EBITDA. We believe the accelerating urban recovery is reflective of a broader, durable trend as corporate travel budgets are growing …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Jonathan Stanner | President, CEO, Principal Financial Officer & Director | USD 1,714,000 | Male | 1981 | Active |
William H. Conkling | Consultant | USD 889,000 | Male | 1975 | Active |
Christopher Russell | Chief Risk Officer, Executive Vice President, General Counsel & Secretary | USD 801,500 | Male | 1971 | Active |
Paul Ruiz | Senior Vice President & Chief Accounting Officer | USD 594,735 | Male | 1966 | Active |
Kevin Milota | Senior Vice President of Corporate Finance | — | Male | — | Active |
Adam Wudel | Senior Vice President of Finance & Capital Markets | — | Male | — | Active |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Summit Hotel Properties (INN) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Summit Hotel Properties (INN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Summit Hotel Properties NYSE: INN reported second-quarter results that exceeded its expectations, citing broad-based demand growth, stronger pricing and continued expense controls. The company raised its full-year guidance for RevPAR, adjusted EBITDAre and adjusted funds from operations after reporting improving trends through July.
Summit Hotel Properties, Inc. (INN) Q2 2026 Earnings Call Transcript
