Streetbeat News

IHT

InnSuites Hospitality Trust

https://www.innsuitestrust.com

Industry

REIT - Hotel & Motel

InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business. Trust that owns and manages hotels under the InnSuites Hotels name. InnSuites® Hotels and Suites has owned real estate and hotels and provided hotel services including management, branding, and reservations to hotels under the brand name InnSuites trademarked and owned by IHT over 40 years by being innovators for guest needs and recognizing hotel membership demands.

Open

2.04

Mkt cap

18M

Volume

3.1K

High

2.04

P/E Ratio

-28.93

52-wk high

2.25

Low

2.01

Div yield

0.01

52-wk low

1.22

InnSuites Hospitality Trust reported a total revenue increase to approximately $4.1 million for the first half of the 2025 fiscal year. The consolidated net income before non-cash depreciation expense was $14,693 for the period ending July 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 9:39 pm

Four real estate stocks, Essex Property Trust (ESS), InnSuites Hospitality Trust (IHT), Iron Mountain (IRM), and National Storage Affiliates Trust (NSA), are showing overbought signals with high RSI values, indicating potential short-term price declines.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 12:55 pm

InnSuites Hospitality Trust (IHT) expects limited new hotel supply in its markets for fiscal year 2025, leading to anticipated revenue growth and improved operating margins, as detailed in their 10K report.

Portfolio Pulse from Charles Gross

April 08, 2024 | 10:58 am

InnSuites Hospitality Trust (NYSE:IHT) declared a semi-annual dividend of $0.01 per share, continuing a 54-year streak of annual dividends. The dividend is payable on February 5, 2024, to shareholders on record as of January 22, 2024. Additionally, IHT reported its highest ever December hotel revenue of $524,219 and mentioned progress in its UniGen clean energy investment.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:31 am

Reneo Pharmaceuticals, Inc. (RPHM) shares rose by 13.6% to $1.59 after receiving an acquisition proposal from Concentra for $1.80 per share. Other stocks also showed significant movement in Wednesday's mid-day session, with notable gainers including First Wave BioPharma, Inc. (FWBI), Cingulate Inc. (CING), and Cytokinetics, Incorporated (CYTK), among others. Losers for the day included Hallmark Financial Services, Inc. (HALL), Baosheng Media Group Holdings Limited (BAOS), and Iovance Biotherapeutics, Inc. (IOVA).

Portfolio Pulse from Avi Kapoor

December 27, 2023 | 7:11 pm

Insider purchases at InnSuites Hospitality Trust, Astria Therapeutics, and Steel Connect indicate confidence in these companies. InnSuites Hospitality Trust CEO James F Wirth bought 2,000 shares for $5.62 million, Astria Therapeutics Director Joseph Edelman acquired 740,000 shares for $4.59 million, and Steel Connect's 10% owner WF Asset Corp. purchased 9,437 shares for $90,628. InnSuites reported increased sales, Astria posted a narrower loss, and Steel Connect saw a decline in sales.

Portfolio Pulse from Avi Kapoor

December 26, 2023 | 11:49 am

InnSuites Hospitality (AMEX:IHT) reported a 7.01% increase in quarterly sales, rising from $1.71M in the same period last year to $1.82M this year.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:53 pm

Several stocks experienced significant movement in Monday's mid-day session. TransCode Therapeutics, FaZe Holdings, Avalo Therapeutics, Biophytis, Cano Health, Sharps Technology, CalciMedica, TradeUP Acquisition Corp., So-Young International, Shattuck Labs, Pasithea Therapeutics, Enthusiast Gaming Holdings, InnSuites Hospitality Trust, Canopy Growth Corporation, ESS Tech, Solo Brands, Sea Limited, MDB Capital Holdings, Williams-Sonoma, Bridger Aerospace Group Holdings, MIRA Pharmaceuticals, and Energy Fuels Inc. were among the gainers. SCYNEXIS, MicroAlgo, Turbo Energy, Brainstorm Cell Therapeutics, Calidi Biotherapeutics, Rite Aid Corporation, Safe & Green Holdings Corp., Blue Star Foods Corp., GSE Systems, Morphic Holding, Solowin Holdings, Pineapple Energy, Faraday Future Intelligent Electric, AgriFORCE Growing Systems, Alector, Connexa Sports Technologies, CF Acquisition Corp. VIII, Li Auto, Tarena International, VinFast Auto, LivePerson, Editas Medicine, Coherus BioSciences, Hawaiian Holdings, and Alcoa Corporation were among the losers.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 5:04 pm

The article lists the stocks that gained and lost the most during Thursday's mid-day trading session. Some of the biggest gainers include American Rebel Holdings, Wheeler Real Estate Investment Trust, and Sigma Additive Solutions. On the other hand, some of the biggest losers include Palisade Bio, Edible Garden AG, and Sportsman's Warehouse Holdings. The Toro Company's shares declined by 13.7% due to worse-than-expected third-quarter results and a cut in its FY23 guidance.

Portfolio Pulse from Lisa Levin

September 07, 2023 | 5:19 pm

The article lists the stocks that gained and lost the most in Friday's mid-day session. Notable gainers include Alset Capital Acquisition Corp., YS Biopharma Co., Ltd., and Crown ElectroKinetics Corp. On the other hand, Domo, Inc., Prime Number Acquisition I Corp., and Allego N.V. were among the biggest losers. Nordstrom, Inc. also fell by 9.5% following its Q2 results where total company net sales declined 8.3% YoY.

Portfolio Pulse from Lisa Levin

August 25, 2023 | 5:33 pm

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