Pebblebrook Hotel Trust (NYSE:PEB) Updates Q3 2026 Earnings Guidance

Pebblebrook Hotel Trust (NYSE:PEB) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.480-0.520 for the period, compared to the consensus earnings per share estimate of 0.490. The company issued revenue guidance of -. Pebblebrook Hotel Trust also updated its FY 2026 guidance to 1.690-1.760 EPS.

Pebblebrook Hotel Trust Stock Performance

PEB traded down $0.51 on Thursday, hitting $18.73. 1,731,400 shares of the stock traded hands, compared to its average volume of 2,458,612. Pebblebrook Hotel Trust has a 52 week low of $9.30 and a 52 week high of $19.93. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $2.12 billion, a PE ratio of -23.41, a P/E/G ratio of 1.34 and a beta of 1.39. The business has a fifty day moving average price of $17.93 and a two-hundred day moving average price of $14.68.

Pebblebrook Hotel Trust (NYSE:PEB) last announced 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 company had revenue of $345.66 million for 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%.Pebblebrook Hotel Trust’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.16 EPS. On average, research analysts predict that Pebblebrook Hotel Trust will post 1.61 EPS for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.01 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. Pebblebrook Hotel Trust’s payout ratio is currently -5.00%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company increased their price objective on shares of Pebblebrook Hotel Trust from $16.00 to $19.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd. Barclays upped their target price on shares of Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the company an “underweight” rating in a research note on Tuesday, July 21st. LADENBURG THALM/SH SH increased their price target on shares of Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the stock a “neutral” rating in a research report on Thursday, June 18th. Morgan Stanley raised their price target on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Friday, July 17th. Finally, Zacks Research upgraded shares of Pebblebrook Hotel Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 15th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $16.98.

Key Pebblebrook Hotel Trust News

Here are the key news stories impacting Pebblebrook Hotel Trust this week:

• Positive Sentiment: Adjusted funds from operations (FFO) increased to $0.68 per diluted share from $0.65 a year earlier, exceeding the $0.62 consensus estimate. Revenue of $407.1 million also surpassed the $400.1 million consensus. Pebblebrook Hotel Q2 FFO and Revenues Surpass Estimates
• Positive Sentiment: Operating trends improved: same-property RevPAR rose 6.5%, same-property total revenue increased 4.8%, and hotel EBITDA grew 7.1% to $123.3 million. Net income climbed to $24.9 million from $19.3 million in the prior-year quarter. Pebblebrook Hotel Trust Q2 Net Income Rises to $24.9 Million
• Positive Sentiment: PEB raised its fiscal-year 2026 EPS guidance to $1.69–$1.76, above the $1.60 analyst consensus, signaling stronger expected earnings. The company also authorized a new preferred-share repurchase program, which could support capital allocation and shareholder value. Pebblebrook Hotel Trust Launches New Preferred Buyback Program
• Positive Sentiment: Stifel Nicolaus raised its price target from $20.25 to $21.25 and upgraded the shares to “buy,” implying approximately 13.4% upside from the referenced price.
• Neutral Sentiment: Second-quarter revenue was essentially unchanged year over year, at $407.1 million versus $407.5 million, despite improved profitability and RevPAR.
• Negative Sentiment: Third-quarter 2026 EPS guidance of $0.48–$0.52 brackets the $0.49 consensus estimate and does not represent a material increase, potentially tempering the reaction to the stronger annual outlook.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Hedge funds have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC lifted its position in shares of Pebblebrook Hotel Trust by 32.8% during the fourth quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 796 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Pebblebrook Hotel Trust in the third quarter valued at approximately $88,000. Federation des caisses Desjardins du Quebec raised its position in Pebblebrook Hotel Trust by 26.7% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 9,346 shares of the real estate investment trust’s stock worth $106,000 after purchasing an additional 1,972 shares during the last quarter. M&T Bank Corp bought a new position in Pebblebrook Hotel Trust in the 2nd quarter worth approximately $116,000. Finally, XTX Topco Ltd acquired a new position in Pebblebrook Hotel Trust during the 4th quarter worth $121,000.

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.