Professional
Added to YB: 2024-06-12
Pitch date: 2024-06-06
PEB [bullish]
Pebblebrook Hotel Trust
-10.67%
current return
Author Info
No bio for this author
Company Info
Pebblebrook Hotel Trust is a publicly traded real estate investment trust and the largest owner of urban and resort lifestyle hotels in the United States.
Market Cap
$1.4B
Pitch Price
$14.03
Price Target
25.50 (+104%)
Dividend
0.31%
EV/EBITDA
11.80
P/E
-10.75
EV/Sales
2.69
Sector
Hotel and Resort REITs
Category
value
Pebblebrook Hotel Trust: Despite Flat Occupancy Growth Over Past Two Years, Hotel REITs Should See Better Years Ahead
PEB: Hotel REIT trading at steep discount to $25.50 FV. Portfolio overhaul in 2023/24 to boost revPAR and margins. CEO Bortz has track record of driving industry-leading results. High uncertainty rating on Airbnb shadow supply and macro risks, but upside potential if execution is strong.
Read full article (11 min)