Pebblebrook Hotel Trust (NYSE:PEB) Sets New 12-Month High – Here’s Why

Pebblebrook Hotel Trust (NYSE:PEB)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $17.10 and last traded at $17.0530, with a volume of 344006 shares traded. The stock had previously closed at $16.84.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wall Street Zen upgraded Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Saturday, February 28th. Citigroup lifted their price target on Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Evercore set a $15.00 price target on Pebblebrook Hotel Trust in a report on Monday, April 27th. Zacks Research cut Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. Finally, Barclays lifted their price target on Pebblebrook Hotel Trust from $9.00 to $13.00 and gave the company an “underweight” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $14.56.

Pebblebrook Hotel Trust Stock Up 1.6%

The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market cap of $1.94 billion, a PE ratio of -21.40, a PEG ratio of 1.49 and a beta of 1.45. The firm has a fifty day simple moving average of $14.13 and a 200 day simple moving average of $12.66.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) EPS for the quarter, beating the consensus estimate of ($0.31) by $0.05. The company had revenue of $345.66 million during the quarter, compared to analysts’ expectations of $331.23 million. Pebblebrook Hotel Trust had a negative return on equity of 2.41% and a negative net margin of 4.18%.The firm’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. Equities research analysts predict that Pebblebrook Hotel Trust will post 1.54 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 31st. Pebblebrook Hotel Trust’s payout ratio is currently -5.00%.

Hedge Funds Weigh In On Pebblebrook Hotel Trust

Several hedge funds and other institutional investors have recently modified their holdings of PEB. AQR Capital Management LLC lifted its stake in shares of 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 purchasing an additional 59,367 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of 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 purchasing an additional 3,075 shares in the last quarter. Caxton Associates LLP acquired a new position in shares of Pebblebrook Hotel Trust in the 1st quarter valued at about $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of 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 purchasing an additional 48,640 shares in the last quarter. Finally, Creative Planning acquired a new position in shares of Pebblebrook Hotel Trust in the 2nd quarter valued at about $176,000.

Pebblebrook Hotel Trust Company Profile

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.