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NYSE:INN - Summit Hotel Properties Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $11.13
  • Forecasted Upside: 12.15 %
  • Number of Analysts: 4
  • Breakdown:
  • 2 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$9.92 As of 09/24/2021 01:00 AM ET
▼ -0.03 (-0.30%)

This chart shows the closing price for INN by one month, three months, or twelve months.

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Analyst Price Target for INN

Analyst Price Target is $11.13
▲ +12.15% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Summit Hotel Properties in the last 3 months. The average price target is $11.13, with a high forecast of $12.00 and a low forecast of $10.50. The average price target represents a 12.15% upside from the last price of $9.92.

This chart shows the closing price for INN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 4 contributing investment analysts is to hold stock in Summit Hotel Properties. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/5/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
7/4/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
10/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
12/31/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
3/31/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 2 sell ratings
Ratings as of
9/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/27/2021CitigroupDowngradeBuy ➝ Underperform$12.00 ➝ $11.00High
9/27/2021Bank of AmericaDowngradeBuy ➝ Underperform$12.00 ➝ $11.00High
8/13/2021Raymond JamesLower Price TargetOutperform$11.50 ➝ $10.50Medium
8/5/2021Robert W. BairdReiterated RatingBuy$12.00High
6/25/2021Raymond JamesReiterated RatingBuyHigh
2/26/2021Raymond JamesBoost Price TargetOutperform$9.50 ➝ $11.50High
11/23/2020Raymond JamesBoost Price TargetOutperform$7.50 ➝ $9.50High
7/14/2020Raymond JamesLower Price TargetOutperform$9.00 ➝ $7.50Low
6/8/2020Raymond JamesBoost Price TargetOutperform$6.00 ➝ $9.00Low
6/1/2020Bank of AmericaUpgradeUnderperform ➝ Buy$4.00 ➝ $7.00Low
5/13/2020Robert W. BairdLower Price TargetOutperform$8.00 ➝ $7.00Low
4/30/2020KeyCorpLower Price TargetOverweight$13.00 ➝ $8.00High
1/13/2020Capital One FinancialUpgradeEqual Weight ➝ Overweight$13.00 ➝ $13.50Medium
12/22/2019Royal Bank of CanadaReiterated RatingBuy$13.00Medium
6/25/2019Capital One FinancialInitiated CoverageEqual Weight$13.00High
4/21/2019Deutsche Bank AktiengesellschaftReiterated RatingBuy$14.00High
1/7/2019Bank of AmericaDowngradeNeutral ➝ UnderperformHigh
12/20/2018KeyCorpSet Price TargetBuy$13.00High
11/1/2018Deutsche Bank AktiengesellschaftLower Price TargetBuy ➝ Buy$16.00 ➝ $14.00Medium
11/1/2018Raymond JamesLower Price TargetOutperform ➝ Buy$16.00 ➝ $14.00High
10/23/2018Bank of AmericaDowngradeBuy ➝ NeutralHigh
4/12/2018Bank of AmericaUpgradeUnderperform ➝ BuyHigh
2/27/2018Royal Bank of CanadaReiterated RatingBuy$16.00Medium
2/26/2018Robert W. BairdSet Price TargetBuy$16.00High
2/26/2018Deutsche Bank AktiengesellschaftLower Price TargetBuy ➝ Buy$17.00 ➝ $16.00High
2/23/2018Cantor FitzgeraldSet Price TargetBuy$17.00Low
11/20/2017Cantor FitzgeraldReiterated RatingBuy$17.00N/A
11/20/2017Janney Montgomery ScottDowngradeBuy ➝ NeutralN/A
10/30/2017Raymond JamesUpgradeMarket Perform ➝ Outperform$17.50N/A
10/29/2017KeyCorpSet Price TargetBuy$17.00N/A
9/26/2017KeyCorpUpgradeSector Weight ➝ Overweight$17.00High
9/8/2017Robert W. BairdReiterated RatingBuy$17.00Low
8/25/2017KeyCorpReiterated RatingHoldLow
8/14/2017Bank of AmericaDowngradeBuy ➝ Underperform$19.00 ➝ $14.00Low
8/9/2017Deutsche Bank AktiengesellschaftReiterated RatingBuy$19.00 ➝ $17.00Medium
8/4/2017Canaccord GenuityLower Price TargetBuy$21.00 ➝ $18.00Low
8/4/2017Royal Bank of CanadaReiterated RatingBuy$20.00Low
7/14/2017Raymond JamesReiterated RatingOutperform ➝ Market PerformHigh
7/14/2017UBS GroupDowngradeOutperform ➝ Market PerformHigh
6/16/2017Robert W. BairdReiterated RatingOutperform$17.00 ➝ $18.00Low
6/5/2017Cantor FitzgeraldLower Price TargetBuy$19.00Low
5/25/2017Cantor FitzgeraldBoost Price TargetOverweight$18.00 ➝ $19.00Low
5/25/2017Canaccord GenuityBoost Price TargetBuy$18.00 ➝ $20.00Low
5/25/2017Deutsche Bank AktiengesellschaftBoost Price TargetBuy$17.00 ➝ $18.00Medium
5/15/2017Canaccord GenuityReiterated RatingBuy$19.00 ➝ $18.00Low
5/12/2017Cantor FitzgeraldReiterated RatingBuy$17.00 ➝ $18.00Low
5/8/2017Royal Bank of CanadaReiterated RatingBuy$18.00Low
3/3/2017Bank of AmericaUpgradeUnderperform ➝ Buy$17.00N/A
2/23/2017Cantor FitzgeraldReiterated RatingBuyN/A
12/23/2016Canaccord GenuityReiterated RatingBuy$15.00 ➝ $17.00N/A
11/2/2016Canaccord GenuitySet Price TargetBuy$16.00N/A
(Data available from 9/27/2016 forward)

News Sentiment Rating

0.32 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/1/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/31/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/30/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/30/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/29/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/29/2021
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2021
  • 2 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2021

Current Sentiment

  • 2 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Summit Hotel Properties logo
Summit Hotel Properties, Inc. is a real estate investment trust, which operates as a self-managed hotel investment company. It focuses on owning premium-branded select-service hotels. Its hotels are located in corporate offices and headquarters, retail centers, airports, state capitols, convention centers, universities, and leisure attractions. The company was founded on June 30, 2010 and is headquartered in Austin, TX.
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Today's Range

Now: $9.92
Low: $9.86
High: $10.04

50 Day Range

MA: $9.10
Low: $8.44
High: $9.95

52 Week Range

Now: $9.92
Low: $4.72
High: $11.32

Volume

499,700 shs

Average Volume

959,886 shs

Market Capitalization

$1.06 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.41

Frequently Asked Questions

What sell-side analysts currently cover shares of Summit Hotel Properties?

The following Wall Street analysts have issued research reports on Summit Hotel Properties in the last year: Bank of America Co., Citigroup Inc., Raymond James, Robert W. Baird, and Zacks Investment Research.
View the latest analyst ratings for INN.

What is the current price target for Summit Hotel Properties?

3 Wall Street analysts have set twelve-month price targets for Summit Hotel Properties in the last year. Their average twelve-month price target is $11.17, suggesting a possible upside of 12.6%. Robert W. Baird has the highest price target set, predicting INN will reach $12.00 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $10.50 for Summit Hotel Properties in the next year.
View the latest price targets for INN.

What is the current consensus analyst rating for Summit Hotel Properties?

Summit Hotel Properties currently has 2 sell ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in INN, but not buy more shares or sell existing shares.
View the latest ratings for INN.

What other companies compete with Summit Hotel Properties?

Other companies that are similar to Summit Hotel Properties include American Tower, Public Storage, Welltower, Weyerhaeuser, Extra Space Storage, Ventas, Medical Properties Trust, CubeSmart, Life Storage, Omega Healthcare Investors, Rayonier, Ryman Hospitality Properties, Healthcare Realty Trust, EPR Properties and PotlatchDeltic.

How do I contact Summit Hotel Properties' investor relations team?

Summit Hotel Properties' physical mailing address is 13215 Bee Cave Parkway SuiteB-300, Austin TX, 78738. The real estate investment trust's listed phone number is (512) 538-2300 and its investor relations email address is [email protected] The official website for Summit Hotel Properties is www.shpreit.com.