Summit Hotel Properties, Inc. (INN)
NYSE: INN · IEX Real-Time Price · USD
6.27
-0.10 (-1.57%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Summit Hotel Properties Stock Forecast
Stock Price Forecast
There is currently no analyst price target forecast available for INN.
Analyst Consensus: Hold
Analyst Ratings
According to 1 stock analyst, the rating for INN is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 3 | 3 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 3 | 3 | 3 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jan 10, 2024 |
| Raymond James | Raymond James | Buy Maintains $10 → $8.5 | Buy | Maintains | $10 → $8.5 | +35.57% | Mar 29, 2023 |
| Baird | Baird | Buy → Hold Downgrades $10 → $8 | Buy → Hold | Downgrades | $10 → $8 | +27.59% | Jan 12, 2023 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $14 → $11 | Strong Buy | Maintains | $14 → $11 | +75.44% | Oct 25, 2022 |
| Capital One | Capital One | Buy → Hold Downgrades $14 → $10 | Buy → Hold | Downgrades | $14 → $10 | +59.49% | Sep 15, 2022 |
Financial Forecast
Revenue This Year
759.32M
from 736.13M
Increased by 3.15%
Revenue Next Year
774.86M
from 759.32M
Increased by 2.05%
EPS This Year
-0.20
from -0.27
EPS Next Year
-0.18
from -0.20
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 798.7M | 813.1M |
| Avg | 759.3M | 774.9M |
| Low | 725.3M | 739.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.5% | 7.1% |
| Avg | 3.2% | 2.0% |
| Low | -1.5% | -2.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.15 | -0.16 |
| Avg | -0.20 | -0.18 |
| Low | -0.25 | -0.21 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.