Bank of America Securities Remains a Hold on Summit Hotel Properties (INN)

Bank of America Securities analyst Dany Asad maintained a Hold rating on Summit Hotel Properties (INN – Research Report) today. The company’s shares closed last Friday at $4.36.

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According to TipRanks, Asad is a 3-star analyst with an average return of 7.5% and a 57.14% success rate. Asad covers the Consumer Cyclical sector, focusing on stocks such as Wyndham Hotels & Resorts, Travel + Leisure Co, and Hilton Grand Vacations.

The word on The Street in general, suggests a Hold analyst consensus rating for Summit Hotel Properties with a $5.00 average price target.

Based on Summit Hotel Properties’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $184.48 million and a GAAP net loss of $57 thousand. In comparison, last year the company earned a revenue of $188.14 million and had a net profit of $2.51 million

Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of INN in relation to earlier this year. Most recently, in March 2025, Bright Force Investment, LLC, a Major Shareholder at INN sold 21,207.00 shares for a total of $135,300.66.