Summit Hotel Properties Inc (NYSE:INN) does about 1.16M shares in volume on a normal day but saw 3167502 shares change hands in the recent trading day. The company now has a market cap of 583.10M USD. Its current market price is $4.55, marking an increase of 5.81% compared to the previous close of $4.30. The 52 week high reached by this stock is $7.22 whilst the lowest price level in 52 weeks is $3.57.
The consensus objective for the share price is $6.50, suggesting that the stock has a potential upside of 30.0% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 30, 2025 when BofA Securities upgraded the stock to “Neutral” and issued a price target of $5. Robert W. Baird downgraded its price target at $8.
The current price level is 3.88%, 5.70%, and -23.73% away from its SMA20, SMA50, and SMA200 respectively, with the INN price moving below the 50-day SMA on current market day. Summit Hotel Properties Inc (INN) stock is up 4.60% over the week and 5.57% over the past month. Its price is -33.58% year-to-date and -24.29% over the past year.
To reach the target analysts have set, the stock logically needs to grow 30.0 percent from here.
Outstanding shares total 112.22M with insiders holding 3.58% of the shares and institutional holders owning 91.22% of the company’s common stock. The company has a return on investment of 1.09% and return on equity of 4.45%. The price to earnings ratio (P/E ratio) amounts to 36.72. The beta has a value of 1.62. Price to book ratio is 0.55 and price to sales ratio is 0.80.
