LaSalle Hotel Properties (LHO) Given Underweight Rating at Barclays PLC

Regolare Commento Stampare

Analysts predict that Summit Hotel Properties Inc will post $0.71 EPS for the current year. Going from the most negative analyst price target to above consensus is one thing.

A number of research firms have recently commented on INN. Boenning Scattergood reissued an "outperform" rating and set a $35.00 price target on shares of LaSalle Hotel Properties in a report on Tuesday, April 18th.

11/26/2013 - Summit Hotel Properties, Inc. was upgraded to "outperform" by analysts at BMO Capital Markets. No trade can occur until someone is willing to sell a stock at a price that another is willing to buy it at. Zacks Investment Research raised shares of Summit Hotel Properties from a "sell" rating to a "hold" rating in a research note on Tuesday, May 9th.

Shares in Summit Hotel Properties have risen as high as 17.45 in the past 52 weeks whilst the lowest price in the last 52 weeks has been 11.36.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. (NYSE:INN) shares are now trading $0.20 off the 50-day moving average of $16.29 and $1.09 off of the 200-day moving average of $15.40. The company has a market cap of $1.19B and its 12 month revenue was nearly $535.00M. The company's 50-day moving average is $28.87 and its 200 day moving average is $28.83.

Currently, the market capitalization of Summit Hotel Properties, Inc. The analysts estimated EPS for the higher end at 0.89 and lower end at 0.75 while the year ago reported earnings per share was 0.93. The business had revenue of $110.33 million during the quarter, compared to analysts' expectations of $110.08 million.

Receive Summit Hotel Properties News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Summit Hotel Properties with MarketBeat.com's FREE daily email newsletter. Next Fincl Group Inc invested 0% of its portfolio in Summit Hotel Properties Inc (NYSE:INN). During the same quarter previous year, the firm posted $0.27 earnings per share.

On average, analysts expect that LaSalle Hotel Properties will report full year sales of $316.73 million for the current year, with estimates ranging from $1.12 billion to $1.17 billion.

In Investment Brokerage - National Industry, The Charles Schwab Corporation (SCHW) have 1.34 billion outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. The ex-dividend date is Friday, May 12th. The stock presently has a PEG Ratio of 0.00.

Annual Dividend Yield of Summit Hotel Properties, Inc.

COPYRIGHT VIOLATION WARNING: This article was posted by BBNS and is the sole property of of BBNS. If you are accessing this article on another website, it was illegally stolen and reposted in violation of United States and worldwide copyright and trademark law. The legal version of this report can be read at https://www.chaffeybreeze.com/2017/05/13/summit-hotel-properties-inc-inn-releases-q2-earnings-guidance-updated.html.

An institutional investor recently raised its position in Summit Hotel Properties stock. Price Target plays a critical role when it comes to the analysis of a Stock. Following the transaction, the chief operating officer now owns 100,027 shares of the company's stock, valued at approximately $3,044,821.88.

Investors of this company earned a return of 0.90% on the assets it owns in past twelve month. BlackRock Inc. now owns 153,549 shares of the real estate investment trust's stock worth $2,021,000 after buying an additional 39,069 shares in the last quarter. Citadel Advisors LLC boosted its stake in shares of LaSalle Hotel Properties by 11.0% in the third quarter. Dimensional Fund Advisors LP owned 1.33% of Summit Hotel Properties worth $19,925,000 as of its most recent filing with the SEC.