Palmetto Real Estate Trust
Palmetto Real Estate Trust (PTTTS) Stock Overview
Explore Palmetto Real Estate Trust’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
13.3M
P/E Ratio
14.30
EPS (TTM)
$0.27
ROE
0.19%
PTTTS Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Palmetto Real Estate Trust (PTTTS) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of F, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $6.98.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 14.30 and a market capitalization of 13.3M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Company Profile
Palmetto Real Estate Trust operates as a real estate investment trust (REIT) in the United States. The trust owns, develops, and rents various commercial properties for restaurants, department stores, convenience food stores, grocery stores, and various other retail establishments. It owns and leases commercial properties throughout South Carolina, primarily in the Greenville, South Carolina. Palmetto Real Estate Trust qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 85% of its taxable income to its shareholders. The trust, formerly known as Palmetto Industrial Corporation, was founded in 1972 and is based in Greenville, South Carolina.
William J. Ables
45 Liberty Lane, Greenville, SC
2012