Pebblebrook Hotel Trust (NYSE:PEB) Reaches New 12-Month High – What’s Next?

Pebblebrook Hotel Trust (NYSE:PEB)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $13.35 and last traded at $13.15, with a volume of 149619 shares. The stock had previously closed at $12.75.

Analyst Ratings Changes

Several brokerages have commented on PEB. Zacks Research raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 17th. Stifel Nicolaus boosted their price target on shares of Pebblebrook Hotel Trust from $14.25 to $14.50 and gave the stock a “buy” rating in a research report on Thursday, April 2nd. Truist Financial boosted their price target 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. Barclays dropped their target price on shares of Pebblebrook Hotel Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday. Finally, Wall Street Zen raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a report on Saturday, February 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, Pebblebrook Hotel Trust has an average rating of “Reduce” and an average target price of $12.33.

Pebblebrook Hotel Trust Price Performance

The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.83. The firm has a market cap of $1.50 billion, a P/E ratio of -14.55 and a beta of 1.43. The business has a fifty day moving average of $12.41 and a 200 day moving average of $11.66.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative return on equity of 2.88% and a negative net margin of 5.18%.The business had revenue of $349.02 million during the quarter, compared to analysts’ expectations of $342.03 million. During the same quarter last year, the company posted $0.20 earnings per share. Pebblebrook Hotel Trust has set its Q1 2026 guidance at 0.190-0.230 EPS and its FY 2026 guidance at 1.500-1.620 EPS. On average, sell-side analysts anticipate that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.01 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.04 dividend on an annualized basis and a yield of 0.3%. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is presently -4.40%.

Hedge Funds Weigh In On Pebblebrook Hotel Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. AQR Capital Management LLC raised its holdings in Pebblebrook Hotel Trust by 174.6% in the 1st quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock valued at $941,000 after acquiring an additional 59,367 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Pebblebrook Hotel Trust by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock valued at $719,000 after acquiring an additional 3,075 shares during the period. Caxton Associates LLP bought a new position in Pebblebrook Hotel Trust in the 1st quarter valued at about $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Pebblebrook Hotel Trust by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 659,945 shares of the real estate investment trust’s stock valued at $6,685,000 after acquiring an additional 48,640 shares during the period. Finally, Creative Planning bought a new position in Pebblebrook Hotel Trust in the 2nd quarter valued at about $176,000.

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.