Pebblebrook Hotel Trust (NYSE:PEB) Price Target Raised to $10.00 at Morgan Stanley

Pebblebrook Hotel Trust (NYSE:PEB) had its price target increased by Morgan Stanley from $9.00 to $10.00 in a research report report published on Friday, Marketbeat Ratings reports. Morgan Stanley currently has an underweight rating on the real estate investment trust’s stock.

Other research analysts have also recently issued reports about the stock. Stifel Nicolaus lifted their price objective on shares of Pebblebrook Hotel Trust from $14.25 to $14.50 and gave the company a “buy” rating in a report on Thursday, April 2nd. Barclays decreased their price objective on Pebblebrook Hotel Trust from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday. LADENBURG THALM/SH SH initiated coverage on Pebblebrook Hotel Trust in a report on Thursday, March 26th. They set a “neutral” rating and a $14.00 price objective for the company. Citigroup boosted their price objective on Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Finally, Zacks Research raised Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $12.42.

Pebblebrook Hotel Trust Stock Performance

Shares of PEB opened at $13.63 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a 50-day moving average of $12.54 and a 200-day moving average of $11.70. The company has a market cap of $1.55 billion, a PE ratio of -14.97 and a beta of 1.43. Pebblebrook Hotel Trust has a one year low of $8.14 and a one year high of $13.91.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. The firm had revenue of $349.02 million during the quarter, compared to analysts’ expectations of $342.03 million. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. During the same period last year, the company earned $0.20 earnings per share. Pebblebrook Hotel Trust has set its Q1 2026 guidance at 0.190-0.230 EPS and its FY 2026 guidance at 1.500-1.620 EPS. On average, equities research analysts predict that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Tuesday, March 31st. Pebblebrook Hotel Trust’s payout ratio is presently -4.40%.

Hedge Funds Weigh In On Pebblebrook Hotel Trust

A number of hedge funds and other institutional investors have recently modified their holdings of PEB. AQR Capital Management LLC boosted its stake in shares of Pebblebrook Hotel Trust by 174.6% in the 1st quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock worth $941,000 after buying an additional 59,367 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Pebblebrook Hotel Trust by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock worth $719,000 after buying an additional 3,075 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of Pebblebrook Hotel Trust in the 1st quarter worth approximately $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Pebblebrook Hotel Trust by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 659,945 shares of the real estate investment trust’s stock worth $6,685,000 after buying an additional 48,640 shares during the last quarter. Finally, Creative Planning purchased a new position in shares of Pebblebrook Hotel Trust in the 2nd quarter worth approximately $176,000.

Pebblebrook Hotel Trust Company Profile

Pebblebrook Hotel Trust (NYSE:PEB) is a real estate investment trust specializing in premium, high-barrier-to-entry hotel properties in gateway markets across the United States. Established in 2009, PEB focuses on lifestyle-oriented lodging assets that cater to business and leisure travelers seeking elevated experiences. The company’s investment strategy emphasizes select-service and full-service hotels with established brands and prime urban or resort locations.

PEB’s portfolio comprises more than 30 properties in major metropolitan areas including New York City, Los Angeles, Chicago, Miami and San Francisco.