FMP
Nov 2, 2024 12:00 PM - Rayan Ahmad(Last modified: Nov 4, 2024 8:20 AM)
Image credit: Google Images
Sotherly Hotels Inc. (NASDAQ:SOHO) is a real estate investment trust (REIT) that focuses on the acquisition, renovation, and management of upscale hotels in the Southern United States. The company operates a portfolio of full-service hotels, primarily under the Hilton, Hyatt, and Marriott brands. As a player in the lodging REIT sector, SOHO competes with other hotel-focused REITs like Summit Hotel Properties, Inc. (INN), Hersha Hospitality Trust (HT), and Chatham Lodging Trust (CLDT).
Currently, SOHO is trading at $1.45, with a target price of $2.88, indicating a potential growth of approximately 98.62%. This suggests a strong upside for investors considering this stock. The significant growth potential makes SOHO an attractive option for those looking to invest in the lodging REIT sector, especially when compared to its peers.
Among its closest peers, Sotherly Hotels Inc. (SOHO) has the highest target price change, with a price percentage difference of 40.18%. This highlights SOHO as a noteworthy peer in terms of growth potential. In comparison, Summit Hotel Properties, Inc. (INN) is trading at $6.12 with a price percentage difference of 21.98%, while Hersha Hospitality Trust (HT) is trading at $9.99 with a price percentage difference of 14.32%.
Chatham Lodging Trust (CLDT) is another peer, trading at $7.84 with a price percentage difference of 15.35%. Despite these figures, SOHO stands out with its substantial growth potential, making it an attractive option for investors looking for opportunities in the lodging REIT sector. The comparison with its peers underscores SOHO's potential for significant returns.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...