Pebblebrook Hotel Trust Declares Quarterly Dividend of $0.01 (NYSE:PEB)

Pebblebrook Hotel Trust (NYSE:PEB) declared a quarterly dividend on Monday, June 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.01 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 30th.

Pebblebrook Hotel Trust has a payout ratio of -9.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Pebblebrook Hotel Trust to earn $1.59 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 2.5%.

Pebblebrook Hotel Trust Stock Performance

Shares of PEB traded up $0.30 during trading hours on Monday, hitting $18.48. The company’s stock had a trading volume of 3,242,211 shares, compared to its average volume of 2,365,647. The company has a market cap of $2.09 billion, a price-to-earnings ratio of -23.09, a PEG ratio of 1.58 and a beta of 1.45. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.04 and a quick ratio of 1.04. The business has a 50 day simple moving average of $14.70 and a two-hundred day simple moving average of $12.94. Pebblebrook Hotel Trust has a 52-week low of $9.02 and a 52-week high of $18.51.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) EPS for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.05. The company had revenue of $345.66 million for the quarter, compared to analysts’ expectations of $331.23 million. Pebblebrook Hotel Trust had a negative net margin of 4.18% and a negative return on equity of 2.41%. Pebblebrook Hotel Trust’s revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. On average, equities analysts expect that Pebblebrook Hotel Trust will post 1.59 earnings per share for the current fiscal year.

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.