Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday, Zacks reports.
Other research analysts also recently issued research reports about the company. Barclays dropped their price target on Pebblebrook Hotel Trust from $15.00 to $14.00 and set an “underweight” rating for the company in a research note on Thursday, August 27th. Weiss Ratings upgraded shares of Pebblebrook Hotel Trust from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Raymond James Financial raised their target price on shares of Pebblebrook Hotel Trust from $18.00 to $20.00 and gave the company an “outperform” rating in a report on Monday, September 28th. LADENBURG THALM/SH SH raised their target price on shares of Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, Cantor Fitzgerald boosted their target price on shares of Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $17.65.
Pebblebrook Hotel Trust Price Performance
Pebblebrook Hotel Trust stock opened at $21.14 on Tuesday. The stock’s fifty day moving average price is $18.58 and its two-hundred day moving average price is $17.32. Pebblebrook Hotel Trust has a one year low of $9.99 and a one year high of $21.26. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.34 and a quick ratio of 1.34. The firm has a market cap of $2.39 billion, a PE ratio of -30.64, a price-to-earnings-growth ratio of 1.40 and a beta of 1.43.
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.56. The firm had revenue of $407.14 million during the quarter, compared to the consensus estimate of $400.05 million. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%. The company’s revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.65 EPS. Pebblebrook Hotel Trust has set its Q3 2026 guidance at 0.480-0.520 EPS and its FY 2026 guidance at 1.690-1.760 EPS. As a group, research analysts expect that Pebblebrook Hotel Trust will post 1.72 EPS for the current fiscal year.
Institutional Investors Weigh In On Pebblebrook Hotel Trust
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Legal & General Group Plc acquired a new stake in shares of Pebblebrook Hotel Trust during the 2nd quarter valued at $36,905,000. Bank of New York Mellon Corp bought a new position in Pebblebrook Hotel Trust in the second quarter valued at about $18,729,000. Arrowstreet Capital Limited Partnership raised its position in Pebblebrook Hotel Trust by 51.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,154,627 shares of the real estate investment trust’s stock valued at $27,213,000 after purchasing an additional 736,078 shares during the last quarter. Bamco Inc. NY bought a new position in Pebblebrook Hotel Trust in the second quarter valued at about $12,115,000. Finally, Donald Smith & CO. Inc. acquired a new stake in shares of Pebblebrook Hotel Trust during the second quarter valued at about $9,242,000.
Pebblebrook Hotel Trust Company Profile
Pebblebrook Hotel Trust (NYSE:PEB) is a publicly traded real estate investment trust that owns and invests in upscale, full-service hotels and resorts in the United States. The company focuses on acquiring, developing, and repositioning lodging properties in major urban and resort destinations.
Its portfolio includes hotels operating under a variety of national, regional, and independent brands. Pebblebrook generally owns the underlying real estate while hotels are operated through management agreements, providing lodging accommodations, food and beverage services, meeting and event facilities, and other guest amenities.
Founded in 2009, Pebblebrook Hotel Trust has emphasized properties in markets with strong tourism, business travel, and cultural or recreational appeal.
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