Pebblebrook Hotel Trust (NYSE:PEB) Stock Price Expected to Rise, LADENBURG THALM/SH SH Analyst Says

Pebblebrook Hotel Trust (NYSE:PEBGet Free Report) had its target price increased by stock 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 price objective points to a potential upside of 0.53% from the stock’s current price.

A number of other brokerages also recently weighed in on PEB. Truist Financial upgraded Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating and lifted their price target for the company from $14.00 to $17.00 in a report on Wednesday, May 27th. Raymond James Financial restated an “outperform” rating and set a $18.00 price target on shares of Pebblebrook Hotel Trust in a report on Monday, June 8th. Stifel Nicolaus boosted their price objective on shares of Pebblebrook Hotel Trust from $18.00 to $20.25 and gave the company a “buy” rating in a research report on Thursday. Citigroup upped their price objective on shares of Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Finally, Cantor Fitzgerald increased their target price on shares of Pebblebrook Hotel Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $15.67.

View Our Latest Report on Pebblebrook Hotel Trust

Pebblebrook Hotel Trust Price Performance

Shares of NYSE:PEB traded up $0.57 on Thursday, reaching $18.90. 2,365,404 shares of the company traded hands, compared to its average volume of 2,427,821. Pebblebrook Hotel Trust has a fifty-two week low of $9.28 and a fifty-two week high of $19.60. The company’s 50 day moving average is $15.06 and its 200-day moving average is $13.09. The stock has a market capitalization of $2.14 billion, a PE ratio of -23.66, a P/E/G ratio of 1.69 and a beta of 1.45. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.04 and a quick ratio of 1.04.

Pebblebrook Hotel Trust (NYSE:PEBGet 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 the consensus estimate of ($0.31) by $0.05. The business had revenue of $345.66 million during the quarter, compared to analyst estimates of $331.23 million. Pebblebrook Hotel Trust had a negative return on equity of 2.41% and a negative net margin of 4.18%.The company’s revenue was up 7.9% compared to the same quarter last year. During the same period last year, the company posted $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. As a group, analysts anticipate that Pebblebrook Hotel Trust will post 1.59 earnings per share for the current fiscal year.

Institutional Trading of Pebblebrook Hotel Trust

Institutional investors and hedge funds have recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. acquired a new position in Pebblebrook Hotel Trust in the 1st quarter valued at $34,000. Quadrant Capital Group LLC lifted its position in Pebblebrook Hotel Trust by 32.8% during the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 796 shares during the last quarter. Cullen Frost Bankers Inc. bought a new stake in Pebblebrook Hotel Trust during the fourth quarter valued at about $38,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Pebblebrook Hotel Trust by 33.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 865 shares during the period. Finally, Hantz Financial Services Inc. grew its position in shares of Pebblebrook Hotel Trust by 188.0% in the fourth quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 3,296 shares during the last quarter.

About Pebblebrook Hotel Trust

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for Pebblebrook Hotel Trust (NYSE:PEB)

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.