Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) has been given a consensus recommendation of “Hold” by the fourteen analysts that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $17.60.
A number of equities analysts have issued reports on PEB shares. Zacks Research cut shares of Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Citigroup upped their price target on shares of Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the company a “neutral” rating in a report on Wednesday, July 22nd. Wells Fargo & Company increased their price target on shares of Pebblebrook Hotel Trust from $16.00 to $19.00 and gave the company an “equal weight” rating in a research report on Thursday, July 23rd. Weiss Ratings upgraded shares of Pebblebrook Hotel Trust from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Finally, Barclays lowered their target price on Pebblebrook Hotel Trust from $15.00 to $14.00 and set an “underweight” rating on the stock in a report on Thursday, August 27th.
Get Our Latest Report on Pebblebrook Hotel Trust
Pebblebrook Hotel Trust Stock Performance
Shares of PEB opened at $19.49 on Wednesday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.83. The firm has a market cap of $2.20 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 1.32 and a beta of 1.43. The company’s 50 day simple moving average is $18.41 and its 200-day simple moving average is $17.11. Pebblebrook Hotel Trust has a 12-month low of $9.99 and a 12-month high of $19.96.
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.56. The company had revenue of $407.14 million during the quarter, compared to analysts’ expectations 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 firm’s revenue for the quarter was down .1% on a year-over-year basis. During the same period last year, the firm earned $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, equities analysts predict that Pebblebrook Hotel Trust will post 1.71 EPS for the current year.
Pebblebrook Hotel Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, September 30th. Pebblebrook Hotel Trust’s payout ratio is currently -5.80%.
Institutional Investors Weigh In On Pebblebrook Hotel Trust
A number of hedge funds have recently made changes to their positions in the business. Legal & General Group Plc purchased a new stake in shares of Pebblebrook Hotel Trust in the second quarter worth approximately $36,905,000. Bank of New York Mellon Corp bought a new position in Pebblebrook Hotel Trust in the 2nd quarter valued at about $18,729,000. Arrowstreet Capital Limited Partnership raised its position in shares of Pebblebrook Hotel Trust by 51.9% in the 1st 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 buying an additional 736,078 shares in the last quarter. Bamco Inc. NY acquired a new position in shares of Pebblebrook Hotel Trust in the 2nd quarter valued at approximately $12,115,000. Finally, Donald Smith & CO. Inc. bought a new position in shares of Pebblebrook Hotel Trust in the 2nd quarter valued at $9,242,000.
Pebblebrook Hotel Trust Company Profile
Pebblebrook Hotel Trust (NYSE:PEB) is a real estate investment trust that owns and invests in upper-upscale, full-service hotels, primarily in major urban and resort destinations across the United States. The company focuses on lifestyle-oriented properties, including independent hotels and hotels affiliated with nationally recognized brands.
Its properties provide lodging, dining, meeting, event, and other hospitality services. Pebblebrook seeks to create value through strategic acquisitions, renovations, repositioning, and active asset management, while working with hotel management companies to operate its properties.
Founded in 2009 and headquartered in Bethesda, Maryland, Pebblebrook has built a portfolio concentrated in markets such as coastal gateway cities and select resort destinations.
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