Brokerages Set Pebblebrook Hotel Trust (NYSE:PEB) PT at $13.65

Shares of Pebblebrook Hotel Trust (NYSE:PEB) have received a consensus rating of “Reduce” from the fourteen brokerages that are currently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $13.6458.

Several research firms recently weighed in on PEB. Zacks Research cut shares of Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Citigroup upped their price objective on shares of Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Truist Financial upped their price objective on shares of Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “hold” rating in a research report on Tuesday, March 31st. LADENBURG THALM/SH SH began coverage on shares of Pebblebrook Hotel Trust in a research report on Thursday, March 26th. They set a “neutral” rating and a $14.00 price objective for the company. Finally, Stifel Nicolaus upped their price objective on shares of Pebblebrook Hotel Trust from $14.50 to $16.25 and gave the stock a “buy” rating in a research report on Wednesday, April 29th.

Pebblebrook Hotel Trust Stock Down 0.2%

PEB stock opened at $14.90 on Friday. Pebblebrook Hotel Trust has a 52 week low of $8.69 and a 52 week high of $14.96. The business has a 50-day simple moving average of $13.45 and a 200 day simple moving average of $12.34. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.82. The company has a market cap of $1.69 billion, a PE ratio of -18.62, a price-to-earnings-growth ratio of 1.38 and a beta of 1.44.

Pebblebrook Hotel Trust (NYSE:PEB) last posted 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. Pebblebrook Hotel Trust had a negative net margin of 4.18% and a negative return on equity of 2.41%. The business had revenue of $345.66 million during the quarter, compared to analysts’ expectations of $331.23 million. During the same quarter in the prior year, the business posted $0.16 earnings per share. Pebblebrook Hotel Trust’s revenue was up 7.9% compared to the same quarter last year. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. Sell-side analysts anticipate that Pebblebrook Hotel Trust will post 1.54 EPS for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.04 annualized dividend and a yield of 0.3%. Pebblebrook Hotel Trust’s payout ratio is presently -5.00%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Allianz Asset Management GmbH raised its stake in Pebblebrook Hotel Trust by 108.7% during the third quarter. Allianz Asset Management GmbH now owns 707,913 shares of the real estate investment trust’s stock worth $8,063,000 after acquiring an additional 368,681 shares in the last quarter. M&T Bank Corp acquired a new position in Pebblebrook Hotel Trust during the fourth quarter worth about $4,411,000. APG Asset Management US Inc. acquired a new position in Pebblebrook Hotel Trust during the third quarter worth about $5,545,000. SG Americas Securities LLC raised its stake in Pebblebrook Hotel Trust by 40.4% during the fourth quarter. SG Americas Securities LLC now owns 153,226 shares of the real estate investment trust’s stock worth $1,735,000 after acquiring an additional 44,079 shares in the last quarter. Finally, Public Sector Pension Investment Board raised its stake in Pebblebrook Hotel Trust by 14.3% during the third quarter. Public Sector Pension Investment Board now owns 462,479 shares of the real estate investment trust’s stock worth $5,268,000 after acquiring an additional 57,832 shares in the last quarter.

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.