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Summit Hotel Properties ( (INN) ) has issued an announcement.
On May 21, 2025, Summit Hotel Properties held its Annual Meeting of Stockholders, where 87.62% of outstanding shares were represented. During the meeting, all eight director nominees were elected, Ernst & Young LLP was ratified as the independent accounting firm for 2025, and the compensation of the company’s executive officers was approved on a non-binding basis.
The most recent analyst rating on (INN) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Summit Hotel Properties stock, see the INN Stock Forecast page.
Spark’s Take on INN Stock
According to Spark, TipRanks’ AI Analyst, INN is a Neutral.
Summit Hotel Properties demonstrates solid financial performance with strong cash flow and manageable debt levels, contributing positively to its stock score. However, technical indicators show a bearish trend, and the recent earnings call indicates pressure on RevPAR and demand. Valuation is reasonable, bolstered by a high dividend yield. The overall score reflects these mixed factors, highlighting strengths in financial stability but caution in market trends and demand outlook.
To see Spark’s full report on INN stock, click here.
More about Summit Hotel Properties
Summit Hotel Properties, Inc. operates within the hospitality industry, focusing on the acquisition, ownership, and management of premium-branded hotels. The company primarily targets upscale and upper-midscale segments in the U.S. market.
Average Trading Volume: 1,112,224
Technical Sentiment Signal: Sell
Current Market Cap: $552.3M
See more data about INN stock on TipRanks’ Stock Analysis page.