Summit Hotel Properties Inc (NYSE:INN)’s traded shares stood at 5.21 million during the last session, with the company’s beta value hitting 1.62. At the close of trading, the stock’s price was $4.73, to imply an increase of 0.64% or $0.03 in intraday trading. The INN share’s 52-week high remains $7.22, putting it -52.64% down since that peak but still an impressive 24.52% since price per share fell to its 52-week low of $3.57.
Analysts have given a consensus recommendation of Buy for Summit Hotel Properties Inc (INN), translating to a mean rating of 2.50. Of 1 analyst(s) looking at the stock, 0 analyst(s) give INN a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.
Summit Hotel Properties Inc (NYSE:INN) trade information
After registering a 0.64% upside in the last session, Summit Hotel Properties Inc (INN) has traded red over the past five days. The 5-day price performance for the stock is 11.29%, and 1.28% over 30 days. With these gigs, the year-to-date price performance is -30.95%.
INN Dividends
Summit Hotel Properties Inc has its next earnings report out in July. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Summit Hotel Properties Inc has a forward dividend ratio of 0.32, with the share yield ticking at 6.77% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 15.26 million shares, or about 14.4028% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $91.38 million.