Pebblebrook Hotel Trust (NYSE:PEB) Reaches New 52-Week High – Here’s Why

Pebblebrook Hotel Trust (NYSE:PEB) hit a new 52-week high on Thursday. The company traded as high as $21.26 and last traded at $21.14, with a volume of 3,809,216 shares changing hands. The stock had previously closed at $20.71.

Wall Street Analyst Weigh In

PEB has been the subject of several research reports. LADENBURG THALM/SH SH upped their target price on Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Citigroup raised their price target on Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, July 22nd. Weiss Ratings upgraded Pebblebrook Hotel Trust from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Morgan Stanley lifted their price objective on Pebblebrook Hotel Trust from $13.00 to $14.00 and gave the company an “underweight” rating in a report on Monday, October 12th. Finally, Truist Financial upped their price objective on shares of Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $17.65.

Pebblebrook Hotel Trust Price Performance

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’s 50-day moving average price is $18.58 and its two-hundred day moving average price is $17.32. The stock has a market cap of $2.39 billion, a PE ratio of -30.64, a PEG ratio of 1.40 and a beta of 1.43.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.56. The company had revenue of $407.14 million for the quarter, compared to analyst estimates of $400.05 million. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. Pebblebrook Hotel Trust’s revenue was down .1% compared to the same quarter last year. During the same period last year, the company posted $0.65 earnings per share. 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, equities analysts expect that Pebblebrook Hotel Trust will post 1.72 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.01 per share. The ex-dividend date was Wednesday, September 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. Pebblebrook Hotel Trust’s dividend payout ratio is currently -5.80%.

Institutional Trading of Pebblebrook Hotel Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Amundi boosted its position in Pebblebrook Hotel Trust by 484.2% during the second quarter. Amundi now owns 495,647 shares of the real estate investment trust’s stock valued at $9,621,000 after purchasing an additional 410,804 shares in the last quarter. Corient Private Wealth LP purchased a new position in Pebblebrook Hotel Trust in the second quarter valued at about $1,511,000. WINTON GROUP Ltd bought a new position in Pebblebrook Hotel Trust in the second quarter worth about $2,869,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Pebblebrook Hotel Trust in the second quarter worth about $1,906,000. Finally, Legal & General Group Plc bought a new position in Pebblebrook Hotel Trust in the second quarter worth about $36,905,000.

Pebblebrook Hotel Trust Company Profile

Pebblebrook Hotel Trust (NYSE:PEB) is a publicly traded real estate investment trust that owns and invests in upscale, full-service hotels and resorts in the United States. The company focuses on acquiring, developing, and repositioning lodging properties in major urban and resort destinations.

Its portfolio includes hotels operating under a variety of national, regional, and independent brands. Pebblebrook generally owns the underlying real estate while hotels are operated through management agreements, providing lodging accommodations, food and beverage services, meeting and event facilities, and other guest amenities.

Founded in 2009, Pebblebrook Hotel Trust has emphasized properties in markets with strong tourism, business travel, and cultural or recreational appeal.