Summit Hotel Properties, Inc. with ticker code (INN) now have 4 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 11 and 7.5 calculating the mean target price we have $8.75. Now with the previous closing price of $6.48 this is indicating there is a potential upside of 35.0%. It’s also worth noting that there is a 50 day moving average of $6.90 while the 200 day moving average is $7.64. The company has a market cap of $701m. Find out more information at: https://www.shpreit.com
The potential market cap would be $947m based on the market consensus.
Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Company’s portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.
The company has a dividend yield of 3.63% with the ex dividend date set at 16-5-2023 (DMY).
