Summit Hotel Properties Inc [NYSE: INN] loss -1.59% on the last trading session, reaching $1570000.0 price per share at the time.
Summit Hotel Properties Inc represents 112.22 million in outstanding shares, while the company has a total market value of $635.65 million with the latest information. INN stock price has been found in the range of $4.915 to $5.07.
If compared to the average trading volume of 1.57M shares, INN reached a trading volume of 4064086 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Summit Hotel Properties Inc [INN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for INN shares is $6.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on INN stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for Summit Hotel Properties Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 30, 2025. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Peer Perform. The new note on the price target was released on January 10, 2024, representing the official price target for Summit Hotel Properties Inc stock. Previously, the target price had yet another raise to $8, while Robert W. Baird analysts kept a Neutral rating on INN stock. On September 15, 2022, analysts decreased their price target for INN shares from 14 to 10.
The Price to Book ratio for the last quarter was 0.60, with the Price to Cash per share for the same quarter was set at 0.44. Price to Free Cash Flow for INN in the course of the last twelve months was 8.24 with Quick ratio for the last quarter at 0.23.
Trading performance analysis for INN stock
Summit Hotel Properties Inc [INN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.86. With this latest performance, INN shares gained by 19.52% in over the last four-week period, additionally sinking by -25.86% over the last 6 months – not to mention a drop of -27.59% in the past year of trading.
Summit Hotel Properties Inc [INN]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Summit Hotel Properties Inc [INN] shares currently have an operating margin of 10.67% and a Gross Margin at 15.09%. Summit Hotel Properties Inc’s Net Margin is presently recorded at 3.05%.
Return on Equity for this stock inclined to 1.39%, with Return on Assets sitting at 1.39%.
An analysis of Institutional ownership at Summit Hotel Properties Inc [INN]
There are presently around $91.25%, or 94.64% of INN stock, in the hands of institutional investors. The top three institutional holders of INN stocks are: BLACKROCK INC. with ownership of 20.74 million shares, which is approximately 19.579%. VANGUARD GROUP INC, holding 15.26 million shares of the stock with an approximate value of $$91.38 million in INN stocks shares; and VANGUARD GROUP INC, currently with $$37.98 million in INN stock with ownership which is approximately 5.9855%.
