Innsuites Hospitality Trust is a US-listed company in the hotel & resort REITs industry. Its financial year ends in January.
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months to July 2026 was $8m, up 28.0% on a year earlier, faster than the 26.5% growth a quarter earlier. The diluted share count is up 4.4% on a year earlier, which dilutes existing holders.
Our model value for Innsuites Hospitality Trust is under review, so past values are not shown until it is resolved.
Source: 10-Q filed September 16, 2026 on SEC EDGAR · Financials · Valuation
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Innsuites Hospitality Trust's trailing-twelve-month revenue grew 28.0% year on year, with a free-cash-flow margin of -14.1%.
Current signal Revenue growth accelerating: TTM revenue growth rose to 28.0% (+1.5pp vs the prior quarter).
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
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Third-party market data · may be delayed
Company announcements, filed results and changes that matter to shareholders.
No model value for Innsuites Hospitality Trust at the moment. Current status: data-quality checks not passed. Available reported financials are shown below.
The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.
We value Innsuites Hospitality Trust as an equity reit, with every model that fits that kind of business. Cost of equity 7.9%: the 10-year Treasury yield (4.9%) plus a beta of 0.65 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Funds-from-operations model Funds from operations growing 2.5% a year, discounted at 8%. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Price-to-FFO vs peers Funds from operations per share times peers' typical (harmonic-mean) price-to-FFO. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Dividend discount (growing dividend) Today's dividend growing 2.5% a year, discounted at the cost of equity. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Book value (net assets) Net assets per share: the value if returns just equal the cost of equity. | ~$0.3 | Primary model, counts double |
| Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. | — | Combined value withheld. Review the individual models and their assumptions. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Innsuites Hospitality Trust with equity REITs in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Weak moat
How hard Innsuites Hospitality Trust's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
Net income has been a median -5.1% of total assets over 10 years.
Operating margin has been a median -14.2%; its worst year was -52.6%.
Free cash flow was positive in 1 of 10 years, at a median -19.9% of revenue.
The diluted share count fell 0.4% over five years; stock-based pay has been a median 0.6% of revenue.
AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.
No analyst estimates are published for Innsuites Hospitality Trust: too few analysts cover it.
Last 12 months −31.8%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $6m | $8m | +28.0% |
| P/S multiple | 2.2x | 1.2x | −44.4% |
| Share count | 9m | 9m | −4.2% |
Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.
Last 3 years −12.3%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $7m | $8m | +5.6% |
| P/S multiple | 1.5x | 1.2x | −17.7% |
| Share count | 9m | 9m | +0.9% |
Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| IHT | −0% | −23% | +2% | +30% | −37% | −23% |
| Industry peers (median) | +17% | −17% | +14% | −1% | −17% | +53% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| IHT | 33% | 42% | 33% | 50% | 42% | 46% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| IHT | −81% | −67% | −70% | −27% | −62% | −45% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 91% from June 8, 2021 to September 15, 2023. Getting back needed a 1032% gain, and the shares have not yet recovered.
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| June 22, 2017 | −1.5% | +0.1% | −2.5% | +2.1% |
| May 4, 2017 | +7.0% | +0.5% | +3.7% | +4.8% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY24 Q3 | $7.3M |
| FY24 Q4 | $7.1M |
| FY25 Q1 | $7.8M |
| FY25 Q2 | $7.9M |
| FY25 Q3 | $7.9M |
| FY25 Q4 | $6.7M |
| FY26 Q1 | $6M |
| FY26 Q2 | $5.9M |
| FY26 Q3 | $5.9M |
| FY26 Q4 | $7.6M |
| FY27 Q1 | $7.6M |
| FY27 Q2 | $7.6M |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue growth, TTM YoY |
|---|---|
| FY24 Q3 | -2.2% |
| FY24 Q4 | 0.0% |
| FY25 Q1 | 8.7% |
| FY25 Q2 | 10.0% |
| FY25 Q3 | 8.2% |
| FY25 Q4 | -6.1% |
| FY26 Q1 | -23.4% |
| FY26 Q2 | -25.1% |
| FY26 Q3 | -25.3% |
| FY26 Q4 | 13.5% |
| FY27 Q1 | 26.5% |
| FY27 Q2 | 28.0% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Operating margin (TTM) |
|---|---|
| FY24 Q3 | -5.8% |
| FY24 Q4 | -9.9% |
| FY25 Q1 | -9.1% |
| FY25 Q2 | -10.7% |
| FY25 Q3 | -10.5% |
| FY25 Q4 | -10.9% |
| FY26 Q1 | -11.4% |
| FY26 Q2 | -10.7% |
| FY26 Q3 | -11.6% |
| FY26 Q4 | -7.4% |
| FY27 Q1 | -8.1% |
| FY27 Q2 | -7.3% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | FCF margin (TTM) |
|---|---|
| FY24 Q3 | 10.6% |
| FY24 Q4 | 10.6% |
| FY25 Q1 | 3.2% |
| FY25 Q2 | -15.2% |
| FY25 Q3 | -18.0% |
| FY25 Q4 | -26.5% |
| FY26 Q1 | -17.3% |
| FY26 Q2 | -19.5% |
| FY26 Q3 | -19.9% |
| FY26 Q4 | -10.4% |
| FY27 Q1 | -14.8% |
| FY27 Q2 | -14.1% |
| Fiscal year | 2011 Jan 2011 | 2012 Jan 2012 | 2013 Jan 2013 | 2014 Jan 2014 | 2015 Jan 2015 | 2016 Jan 2016 | 2017 Jan 2017 | 2018 Jan 2018 | 2019 Jan 2019 | 2020 Jan 2020 | 2021 Jan 2021 | 2022 Jan 2022 | 2023 Jan 2023 | 2024 Jan 2024 | 2025 Jan 2025 | 2026 Jan 2026 | LTM Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | |||||||||||||||||
| Revenue | 16 | 17 | 15 | 15 | 3 | 12 | 9 | 6 | 6 | 7 | 4 | 7 | 7 | 7 | 8 | 8 | 8 |
| EBITDA | — | — | — | — | −0 | 0 | −0 | −0 | −0 | −1 | −2 | 0 | 0 | −0 | −0 | 0 | 0 |
| Operating income | −1 | 0 | −0 | 0 | −2 | −1 | −2 | −2 | −1 | −2 | −3 | −0 | −0 | −1 | −1 | −1 | −1 |
| Net income | −2 | −1 | −1 | −1 | −2 | 0 | −2 | 1 | 1 | −2 | −2 | 0 | 1 | 0 | −1 | −1 | −1 |
| Diluted EPS | −$0.23 | −$0.13 | −$0.12 | −$0.12 | −$0.27 | $0.03 | −$0.19 | $0.52 | $0.89 | −$0.21 | −$0.31 | — | $0.06 | $0.02 | −$0.16 | −$0.16 | −$0.13 |
| Growth (year on year) | |||||||||||||||||
| Revenue | — | +8.4% | −12.2% | −0.6% | −80.9% | +308.3% | −20.8% | −39.5% | +10.8% | +6.5% | −36.0% | +59.4% | +6.0% | 0.0% | +7.0% | −0.4% | +28.0% |
| EBITDA | — | — | — | — | — | — | −152.2% | — | — | — | — | — | −4.0% | −110.3% | — | — | — |
| Net income | — | — | — | — | — | — | −607.3% | — | +1.6% | −222.7% | — | — | +105.9% | −61.0% | −782.3% | — | — |
| Diluted EPS | — | — | — | — | — | — | −733.3% | — | +71.2% | −123.6% | — | — | — | −66.7% | −900.0% | — | — |
| Margins | |||||||||||||||||
| EBITDA margin | — | — | — | — | −4.4% | 4.3% | −2.8% | −2.2% | −1.0% | −14.5% | −47.1% | 6.3% | 5.7% | −0.6% | −0.5% | 2.8% | 3.1% |
| Operating margin | −6.9% | 0.4% | −0.8% | 0.1% | −67.0% | −5.8% | −25.6% | −28.6% | −21.2% | −28.2% | −66.9% | −4.5% | −4.2% | −10.2% | −9.8% | −7.4% | −7.3% |
| Net margin | −12.8% | −6.3% | −6.7% | −6.9% | −73.9% | 3.7% | −23.8% | 25.1% | 23.0% | −26.5% | −38.7% | 3.8% | 7.4% | 2.9% | −18.3% | −18.8% | −15.3% |
| Free-cash-flow margin | −11.6% | −0.2% | −2.6% | −0.3% | −28.6% | −23.5% | −34.0% | −27.9% | −29.2% | −14.5% | −19.2% | 3.9% | 0.8% | 20.2% | −13.9% | −0.1% | −3.8% |
| Cash flow | |||||||||||||||||
| Cash from operations | −1 | 1 | 1 | 1 | 1 | −1 | −1 | −2 | −2 | −1 | −1 | 0 | 0 | 1 | −1 | −0 | −0 |
| Capital spending | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | −2 | −0 | −0 | −0 | −1 | −3 | −3 | −2 | −2 | −1 | −1 | 0 | 0 | 1 | −1 | −0 | −0 |
| Stock-based pay | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 |
| Free cash flow after stock pay | −2 | −0 | −0 | −0 | −1 | −3 | −3 | −2 | −2 | −1 | −1 | 0 | 0 | 1 | — | −0 | −0 |
| Balance sheet | |||||||||||||||||
| Cash | 0 | 1 | 0 | 0 | 0 | 2 | 1 | 5 | 1 | 2 | 2 | 1 | 2 | 1 | — | — | — |
| Total debt | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 12 |
| Net debt (negative = net cash) | −0 | −1 | −0 | −0 | −0 | −2 | −1 | −5 | −1 | −2 | −2 | −1 | −2 | −1 | — | — | — |
| Diluted shares | — | 9m | 8m | 8m | 8m | 12m | 13m | 13m | 12m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m |
| Returned to shareholders | |||||||||||||||||
| Dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Buybacks | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total returned | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Quarter | 2025 Q3 Oct 2024 | 2025 Q4 Jan 2025 | 2026 Q1 Apr 2025 | 2026 Q2 Jul 2025 | 2026 Q3 Oct 2025 | 2026 Q4 Jan 2026 | 2027 Q1 Apr 2026 | 2027 Q2 Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 1,825 | 100 | 2,206 | 1,799 | 1,805 | 1,758 | 2,194 | 1,837 |
| EBITDA | 44 | −304 | 405 | −50 | 10 | −151 | 368 | 5 |
| Operating income | −130 | −489 | 222 | −239 | −181 | −362 | 173 | −180 |
| Net income | −276 | −579 | −121 | −391 | −357 | −557 | −18 | −230 |
| Diluted EPS | −$0.03 | −$0.07 | −$0.01 | −$0.04 | −$0.04 | −$0.06 | $0.00 | −$0.02 |
| Growth (year on year) | ||||||||
| Revenue | +0.0% | −92.6% | −23.9% | −2.3% | −1.1% | +>999% | −0.6% | +2.1% |
| EBITDA | — | — | — | — | −77.0% | — | −9.1% | — |
| Operating income | — | — | — | — | — | — | −22.3% | — |
| Net income | −549.8% | — | — | — | — | — | — | — |
| Diluted EPS | −400.0% | — | — | — | — | — | — | — |
| Margins | ||||||||
| EBITDA margin | 2.4% | −304.2% | 18.3% | −2.8% | 0.6% | −8.6% | 16.8% | 0.3% |
| Operating margin | −7.1% | −489.0% | 10.1% | −13.3% | −10.0% | −20.6% | 7.9% | −9.8% |
| Net margin | −15.1% | −579.4% | −5.5% | −21.7% | −19.8% | −31.7% | −0.8% | −12.5% |
| Free-cash-flow margin | −8.0% | −408.1% | 12.7% | −8.5% | −8.0% | 0.4% | −1.9% | −5.8% |
| Cash flow | ||||||||
| Cash from operations | −147 | −408 | 280 | −153 | −145 | 7 | −41 | −106 |
| Capital spending | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | −147 | −408 | 280 | −153 | −145 | 7 | −41 | −106 |
| Stock-based pay | — | — | — | — | 6 | 2 | 5 | 5 |
| Free cash flow after stock pay | — | — | — | — | −152 | 5 | −46 | −111 |
| Last 12 months unless stated | IHT | CLDT | BHR | INN | SHO | AHT | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $8m | $301m | $689m | $736m | $1.0bn | $1.1bn | $1.3bn |
| Revenue growth, last 12 months | 28.0% | −3.1% | −3.8% | 1.2% | 7.3% | −5.8% | 1.2% |
| Revenue growth, 3-year average | 1.8% | −1.0% | −2.1% | 0.4% | −0.2% | −7.6% | 1.7% |
| Revenue growth, latest quarter | 2.1% | 9.4% | −4.5% | 3.2% | 6.7% | −9.5% | 3.3% |
| Gross margin | — | 42.9% | 22.1% | 36.8% | — | 24.3% | 40.0% |
| Operating margin | −7.3% | 12.5% | 12.8% | 9.0% | −147.0% | 20.2% | 12.6% |
| Operating margin, 3-year average | −9.6% | 11.1% | 13.0% | 10.4% | −39.7% | 18.0% | 12.0% |
| Net margin | −15.3% | 4.0% | −0.5% | −3.3% | 4.2% | −6.1% | 0.8% |
| Cash from operations / revenue | −3.8% | 25.5% | 6.6% | 21.4% | 19.8% | 1.4% | 19.6% |
| Free-cash-flow margin | −14.1% | 5.6% | −2.5% | 12.7% | 9.8% | −5.1% | 10.3% |
| Free-cash-flow margin, 3-year average | −16.3% | 7.3% | 0.2% | 10.8% | 6.0% | −9.0% | 6.7% |
| Stock pay / revenue | 0.2% | 2.0% | −0.1% | 1.0% | 0.9% | −0.1% | 0.7% |
| Change in share count | 4.4% | 0.2% | 81.4% | −13.5% | −6.0% | 147.0% | −1.3% |
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Room | $7.3M | 95.9% | ▼ 1.1% |
| Other | $210,147 | 2.8% | ▲ 25.5% |
| Food and Beverage | $103,619 | 1.4% | ▲ 14.5% |
From Innsuites Hospitality Trust's 10-K filed May 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Renaissance Technologies LLC | $138,045 | 81K | 26.0% | ▼ 6.6% |
| Citadel Advisors LLC | $82,069 | 48K | 15.5% | New |
| HRT Financial LP | $68,000 | 41K | 12.8% | New |
| Vanguard Capital Management LLC | $60,039 | 35K | 11.3% | 0.0% |
| Hightower Advisors, LLC | $45,592 | 27K | 8.6% | 0.0% |
| State Street Corp | $32,768 | 19K | 6.2% | 0.0% |
| Vanguard Fiduciary Trust Co | $27,356 | 16K | 5.2% | 0.0% |
| Geode Capital Management, LLC | $27,170 | 16K | 5.1% | ▼ 13.9% |
| Susquehanna International Group, LLP | $19,688 | 12K | 3.7% | New |
| Carnegie Mellon University | $17,000 | 10K | 3.2% | 0.0% |
| UBS Group AG | $8,826 | 5K | 1.7% | New |
| Tower Research Capital LLC (TRC) | $3,779 | 2K | 0.7% | ▼ 47.4% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Innsuites Hospitality Trust's complete shareholder register. Values are as reported by the filers .
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Wirth James F President & CEO | October 20, 2026 | Sell pre-set plan | 43,111 | $46654.38 | $2B |
| Wirth James F President & CEO | October 7, 2026 | Sell pre-set plan | 43,111 | $50410.80 | $2.2B |
| Berg Marc E EVP & Secretary/Treasurer | September 17, 2026 | Sell pre-set plan | 16,000 | $22593.60 | $361M |
| Wirth James F President & CEO | August 28, 2026 | Sell pre-set plan | 25,000 | $32102.45 | $803M |
| Wirth James F President & CEO | August 26, 2026 | Sell pre-set plan | 25,000 | $33000.00 | $825M |
| Wirth James F President & CEO | August 25, 2026 | Sell pre-set plan | 12,378 | $17372.52 | $215M |
| Wirth James F President & CEO | August 21, 2026 | Sell pre-set plan | 34,800 | $52316.70 | $1.8B |
| Wirth James F President & CEO | February 25, 2026 | Sell pre-set plan | 8,822 | $9407.32 | $83M |
| Wirth James F President & CEO | November 25, 2025 | Sell pre-set plan | 7,931 | $10237.33 | $81.2M |
| Wirth James F President & CEO | November 21, 2025 | Sell pre-set plan | 7,930 | $10497.73 | $83.2M |
| Wirth James F President & CEO | November 18, 2025 | Sell pre-set plan | 10,000 | $13706.00 | $137M |
| Wirth James F President & CEO | November 17, 2025 | Sell pre-set plan | 10,000 | $14392.00 | $144M |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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