Summit Hotel Properties Inc (NYSE:INN) does about 1.77M shares in volume on a normal day but saw 10106711 shares change hands in the recent trading day. The company now has a market cap of 662.56M USD. Its current market price is $5.17, marking a decrease of -1.71% compared to the previous close of $5.26. 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 20.46% 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 10.32%, 17.50%, and -11.61% 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 6.16% over the week and 18.85% over the past month. Its price is -11.77% year-to-date and -24.53% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.05 and 0 for whole year. Expected sales for next quarter are $184.39M, which analysts say will come at $742.74M for the current fiscal year and next year at $761.66M. In addition, estimates put the company’s current quarterly revenue at an average of $194.49M.
To reach the target analysts have set, the stock logically needs to grow 20.46 percent from here.
Outstanding shares total 112.22M with insiders holding 3.58% of the shares and institutional holders owning 91.24% 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 41.73. The beta has a value of 1.65. Price to book ratio is 0.63 and price to sales ratio is 0.91.
