Professional
Added to YB: 2024-06-12
Pitch date: 2024-06-06
PEB [bullish]
Pebblebrook Hotel Trust
+38.31%
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
$2.1B
Pitch Price
$14.00
Price Target
25.50 (+32%)
Dividend
0.22%
EV/EBITDA
12.48
P/E
-26.71
EV/Sales
2.91
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)