Summit Hotel Properties Inc (NYSE:INN) does about 1.30M shares in volume on a normal day but saw 2450687 shares change hands in the recent trading day. The company now has a market cap of 608.74M USD. Its current market price is $4.75, marking an increase of 3.94% compared to the previous close of $4.57. 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 26.92% 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 7.64%, 11.83%, and -19.67% 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 4.40% over the week and 4.86% over the past month. Its price is -30.66% year-to-date and -20.03% over the past year.
To reach the target analysts have set, the stock logically needs to grow 26.92 percent from here.
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 38.34. The beta has a value of 1.62. Price to book ratio is 0.58 and price to sales ratio is 0.84.
