Summit Hotel Properties Inc (INN)’s Day in Review: Closing at 3.83, Down by -0.78

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After finishing at $3.86 in the prior trading day, Summit Hotel Properties Inc (NYSE: INN) closed at $3.83, down -0.78%. In other words, the price has decreased by -$0.78 from its previous closing price. On the day, 0.86 million shares were traded. INN stock price reached its highest trading level at $3.97 during the session, while it also had its lowest trading level at $3.765.

Ratios:

Our goal is to gain a better understanding of INN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.33. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.51.

On January 12, 2023, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $8.

CapitalOne Downgraded its Overweight to Equal Weight on September 15, 2022, whereas the target price for the stock was revised from $14 to $10.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 10 ’25 when Bright Force Investment, LLC sold 21,207 shares for $6.38 per share. The transaction valued at 135,301 led to the insider holds 1,578,793 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INN now has a Market Capitalization of 436616160 and an Enterprise Value of 2265439232. As of this moment, Summit’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 3.096 whereas that against EBITDA is 9.856.

Stock Price History:

The Beta on a monthly basis for INN is 1.68, which has changed by -0.38915473 over the last 52 weeks, in comparison to a change of 0.042615533 over the same period for the S&P500. Over the past 52 weeks, INN has reached a high of $7.22, while it has fallen to a 52-week low of $3.57. The 50-Day Moving Average of the stock is -30.87%, while the 200-Day Moving Average is calculated to be -38.95%.

Shares Statistics:

The stock has traded on average 914.55K shares per day over the past 3-months and 1182660 shares per day over the last 10 days, according to various share statistics. A total of 108.44M shares are outstanding, with a floating share count of 105.42M. Insiders hold about 5.35% of the company’s shares, while institutions hold 90.85% stake in the company. Shares short for INN as of 1743379200 were 3469199 with a Short Ratio of 3.79, compared to 1740700800 on 3311661. Therefore, it implies a Short% of Shares Outstanding of 3469199 and a Short% of Float of 4.79.

Dividends & Splits

In the trailing 12 months, INN’s forward annual dividend rate was 0.3, compared to 0.32 this year. Against a Trailing Annual Dividend Yield of 0.07772021The stock’s 5-year Average Dividend Yield is 5.51.

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