Pebblebrook Hotel Trust (NYSE:PEB) Receives Consensus Rating of “Hold” from Analysts

Pebblebrook Hotel Trust (NYSE:PEB) has been given a consensus recommendation of “Hold” by the fifteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, eight have given a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $17.3654.

Several research analysts have weighed in on the stock. Stifel Nicolaus upped their price objective on shares of Pebblebrook Hotel Trust from $20.25 to $21.25 and gave the company a “buy” rating in a research note on Thursday, July 30th. Zacks Research lowered Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. BMO Capital Markets reissued a “market perform” rating and set a $17.00 price objective on shares of Pebblebrook Hotel Trust in a research report on Friday, June 12th. Truist Financial upped their target price on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, June 29th. Finally, Weiss Ratings raised Pebblebrook Hotel Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 7th.

Pebblebrook Hotel Trust Stock Performance

Shares of Pebblebrook Hotel Trust stock opened at $18.14 on Tuesday. Pebblebrook Hotel Trust has a 12 month low of $9.99 and a 12 month high of $19.93. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.83. The stock has a market cap of $2.05 billion, a PE ratio of -26.29, a price-to-earnings-growth ratio of 1.27 and a beta of 1.40. The business has a fifty day simple moving average of $18.66 and a 200-day simple moving average of $15.72.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The firm had revenue of $407.14 million for the quarter, compared to analyst estimates of $400.05 million. During the same period in the previous year, the firm earned $0.65 earnings per share. Pebblebrook Hotel Trust’s quarterly revenue was down .1% on a year-over-year basis. 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. On average, sell-side analysts anticipate that Pebblebrook Hotel Trust will post 1.7 EPS for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. Pebblebrook Hotel Trust’s payout ratio is currently -5.80%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. bought a new stake in Pebblebrook Hotel Trust during the first quarter worth approximately $34,000. Quadrant Capital Group LLC lifted its stake in shares of Pebblebrook Hotel Trust by 32.8% in the fourth quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 796 shares during the last quarter. Cullen Frost Bankers Inc. bought a new stake in shares of Pebblebrook Hotel Trust during the 4th quarter worth $38,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Pebblebrook Hotel Trust by 33.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 865 shares during the period. Finally, Nykredit A S bought a new position in Pebblebrook Hotel Trust in the 2nd quarter worth $51,000.

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.