Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) had its target price lifted by equities research analysts at LADENBURG THALM/SH SH from $15.00 to $19.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. LADENBURG THALM/SH SH’s target price would indicate a potential upside of 0.53% from the stock’s previous close.
Several other brokerages also recently issued reports on PEB. Weiss Ratings upgraded Pebblebrook Hotel Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, April 29th. Raymond James Financial restated an “outperform” rating and issued a $18.00 target price on shares of Pebblebrook Hotel Trust in a research report on Monday, June 8th. Morgan Stanley lifted their target price on Pebblebrook Hotel Trust from $10.00 to $12.00 and gave the company an “underweight” rating in a research note on Tuesday, May 12th. BMO Capital Markets reiterated a “market perform” rating and set a $17.00 price target on shares of Pebblebrook Hotel Trust in a research report on Friday, June 12th. Finally, Truist Financial raised Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating and increased their price target for the stock from $14.00 to $17.00 in a research note on Wednesday, May 27th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $15.67.
View Our Latest Stock Report on Pebblebrook Hotel Trust
Pebblebrook Hotel Trust Stock Performance
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.31) by $0.05. The business had revenue of $345.66 million for the quarter, compared to analysts’ expectations of $331.23 million. Pebblebrook Hotel Trust had a negative net margin of 4.18% and a negative return on equity of 2.41%. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. Research analysts anticipate that Pebblebrook Hotel Trust will post 1.59 EPS for the current year.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. AQR Capital Management LLC raised its position in Pebblebrook Hotel Trust by 174.6% in the first quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock worth $941,000 after acquiring an additional 59,367 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Pebblebrook Hotel Trust by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock valued at $719,000 after purchasing an additional 3,075 shares in the last quarter. Caxton Associates LLP bought a new position in shares of Pebblebrook Hotel Trust during the 1st quarter valued at about $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew 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 purchasing an additional 48,640 shares during the last quarter. Finally, Creative Planning acquired a new position in shares of Pebblebrook Hotel Trust in the 2nd quarter worth approximately $176,000.
About Pebblebrook Hotel Trust
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.
Further Reading
- Five stocks we like better than Pebblebrook Hotel Trust
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
Receive News & Ratings for Pebblebrook Hotel Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pebblebrook Hotel Trust and related companies with MarketBeat.com's FREE daily email newsletter.
