# InnSuites Hospitality Trust (IHT)

> Source: Nexqual · https://nexqual.com/IHT · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, InnSuites Hospitality Trust (IHT), nexqual.com/IHT" · informational, not investment advice.

**Price:** USD 1.11 (+0.00% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 1.11 · day 1.06–1.15 · 52w 0.95–1.9 · market cap $12.5M · ASE

## Key facts
- Last four reported quarters (through Jul 31, 2026): revenue $7.6M, net income -$1.2M (-15.3% margin) (SEC filings).
- Insider open-market sales, last ~7 months: 7 Form 4 filings, $8.21B; 0 not under a Rule 10b5-1 plan ($0K); 6 by opportunistic insiders (0 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: None.
- Total return with dividends: 1Y -22.8% vs S&P 500 +13.4%; 5Y -68.7% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $6.7M | $7.1M | $7.5M | $7.6M | $7.6M | $7.6M |
| Operating income | -$303K | -$297K | -$721K | -$743K | -$560K | -$551K |
| Net income | $254K | $523K | $204K | -$1.4M | -$1.4M | -$1.2M |
| EPS (diluted) | — | $0.06 | $0.02 | -$0.16 | -$0.16 | — |
| Operating margin | -4.5% | -4.2% | -9.6% | -9.8% | -7.4% | -7.3% |
| Net margin | 3.8% | 7.3% | 2.7% | -18.3% | -18.8% | -15.3% |
| Revenue growth | +59.4% | +6.7% | +5.0% | +1.3% | -0.4% | — |
| Cash + short-term investments | — | $2.1M | $1.3M | $93K | $350K | — |
| Total debt | $7.3M | $10.0M | $9.7M | $10.7M | $11.7M | — |
Fiscal years end Jan. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jul 31, 2026)
P/S 1.6x · EV/EBITDA 104.9x · EV/Sales 3.2x · P/B 4.6x · Earnings yield -9.33% · Net debt $11.9M · EV $24.4M
P/E at fiscal year-ends: Jan 2024 64.3x.

## Insider sales (SEC Form 4, open-market, last ~7 months)
7 of 7 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-20 | Wirth James F | President & CEO | 43,111 | $2.01B | 0.5% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-10-07 | Wirth James F | President & CEO | 43,111 | $2.17B | 0.5% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-09-17 | Berg Marc E | EVP & Secretary/Treasurer | 16,000 | $361M | 33% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-28 | Wirth James F | President & CEO | 25,000 | $803M | 0.3% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-26 | Wirth James F | President & CEO | 25,000 | $825M | 0.3% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-25 | Wirth James F | President & CEO | 12,378 | $215M | 0.2% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-21 | Wirth James F | President & CEO | 34,800 | $1.82B | 0.4% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -22.8% | -68.7% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -22.8% | -20.7% |
| Volatility (annualized) | 56.3% | 66.1% |
| Max drawdown | -42.2% (Jun 2026→Oct 2026) | -74.0% (Nov 2021→Sep 2023) |

## Peers (REIT - Hotel & Motel)
CLDT (Chatham Lodging Trust (REIT)) USD 14.03 -1.54% · INN (Summit Hotel Properties, Inc.) USD 6.9 -1.85% · SVC (Service Properties Trust) USD 6.15 -1.13% · RLJ (RLJ Lodging Trust) USD 12.06 -0.66% · XHR (Xenia Hotels & Resorts, Inc.) USD 19.51 +0.05% · PEB (Pebblebrook Hotel Trust) USD 20.39 -1.35%

## More
Full page: https://nexqual.com/IHT · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by product line (quarter ended 2026-07-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Room | $1.8M | 96.5% | +3.0% |
| Other | $37,150 | 2.0% | -28.2% |
| Food & Beverage | $26,298 | 1.4% | +3.2% |
| Total revenue | $1.8M | 100% | — |