Summit Hotel Properties (NYSE:INN – Get Free Report) is set to announce its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.18 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Summit Hotel Properties Stock Performance
NYSE INN opened at $6.18 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $664.37 million, a P/E ratio of -22.87 and a beta of 1.94. The firm has a 50-day moving average price of $6.40 and a two-hundred day moving average price of $6.37. Summit Hotel Properties has a 12-month low of $5.31 and a 12-month high of $7.26.
Analysts Set New Price Targets
Separately, Wolfe Research assumed coverage on Summit Hotel Properties in a report on Wednesday, January 10th. They issued a “peer perform” rating for the company.
About Summit Hotel Properties
Summit Hotel Properties, Inc is a publicly traded real estate investment trust focused on owning premium-branded lodging properties with efficient operating models primarily in the upscale segment of the lodging industry. As of November 1, 2023, the Company's portfolio consisted of 101 assets, 57 of which are wholly owned, with a total of 15,035 guestrooms located in 24 states.
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