Summit Hotel Properties Inc (NYSE: INN) on Friday, soared 0.96% from the previous trading day, before settling in for the closing price of $5.23. Within the past 52 weeks, INN’s price has moved between $3.57 and $7.22.
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Annual sales at Real Estate sector company slipped by -19.44% over the past five years. The company achieved an average annual earnings per share of -177.27%. With a float of $106.03 million, this company’s outstanding shares have now reached $112.22 million.
Let’s look at the performance matrix of the company that is accounted for 85 employees. In terms of profitability, gross margin is 25.21%, operating margin of 9.82%, and the pretax margin is 3.91%.
Summit Hotel Properties Inc (INN) Insider Updates
Observing investor behavior towards REIT – Hotel & Motel industry stocks is more important than anything else. The insider ownership of Summit Hotel Properties Inc is 5.52%, while institutional ownership is 89.72%. The most recent insider transaction that took place on May 13 ’25, was worth 75,167. In this transaction Director of this company bought 16,270 shares at a rate of $4.62, taking the stock ownership to the 231,337 shares. Before that another transaction happened on Mar 10 ’25, when Company’s 10% Owner sold 21,207 for $6.38, making the entire transaction worth $135,301. This insider now owns 1,578,793 shares in total.
Summit Hotel Properties Inc (INN) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -177.27% per share during the next fiscal year.
Summit Hotel Properties Inc (NYSE: INN) Trading Performance Indicators
Summit Hotel Properties Inc (INN) is currently performing well based on its current performance indicators. A quick ratio of 0.23 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93. Likewise, its price to free cash flow for the trailing twelve months is 8.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.12, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach -0.33 in one year’s time.
Technical Analysis of Summit Hotel Properties Inc (INN)
Summit Hotel Properties Inc (NYSE: INN) saw its 5-day average volume 1.01 million, a negative change from its year-to-date volume of 1.35 million. As of the previous 9 days, the stock’s Stochastic %D was 16.05%.
During the past 100 days, Summit Hotel Properties Inc’s (INN) raw stochastic average was set at 55.52%, which indicates a significant increase from 46.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.19 in the past 14 days, which was lower than the 0.20 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.78, while its 200-day Moving Average is $5.76. Nevertheless, the first resistance level for the watch stands at $5.31 in the near term. At $5.34, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.38. If the price goes on to break the first support level at $5.24, it is likely to go to the next support level at $5.20. Assuming the price breaks the second support level, the third support level stands at $5.17.
Summit Hotel Properties Inc (NYSE: INN) Key Stats
Market capitalization of the company is 676.66 million based on 112,221K outstanding shares. Right now, sales total 731,780 K and income totals 41,020 K. The company made 184,480 K in profit during its latest quarter, and -710 K in sales during its previous quarter.
