Pebblebrook Hotel Trust (NYSE:PEB) Given Average Rating of “Hold” by Analysts

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

Several research analysts have recently weighed in on the stock. Truist Financial lifted their price target 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. Cantor Fitzgerald raised their target price on Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. BMO Capital Markets reissued a “market perform” rating and set a $17.00 price target on shares of Pebblebrook Hotel Trust in a report on Friday, June 12th. LADENBURG THALM/SH SH upped their price target on Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, Morgan Stanley raised their price objective on Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Friday, July 17th.

Hedge Funds Weigh In On Pebblebrook Hotel Trust

Several large investors have recently added to or reduced their stakes in PEB. M&T Bank Corp bought a new stake in Pebblebrook Hotel Trust in the 4th quarter worth approximately $4,411,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Pebblebrook Hotel Trust during the 2nd quarter valued at approximately $1,906,000. Voss Capital LP purchased a new position in shares of Pebblebrook Hotel Trust in the fourth quarter valued at $4,897,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Pebblebrook Hotel Trust by 51.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,154,627 shares of the real estate investment trust’s stock valued at $27,213,000 after purchasing an additional 736,078 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in Pebblebrook Hotel Trust by 14.1% during the fourth quarter. Legal & General Group Plc now owns 2,566,267 shares of the real estate investment trust’s stock valued at $29,050,000 after purchasing an additional 317,573 shares in the last quarter.

Pebblebrook Hotel Trust Stock Up 1.5%

PEB stock opened at $18.55 on Tuesday. The business has a 50 day moving average of $18.67 and a 200 day moving average of $15.66. The firm has a market cap of $2.09 billion, a PE ratio of -26.88, a price-to-earnings-growth ratio of 1.27 and a beta of 1.40. Pebblebrook Hotel Trust has a twelve month low of $9.99 and a twelve 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.

Pebblebrook Hotel Trust (NYSE:PEB) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, topping 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 business had revenue of $407.14 million for the quarter, compared to the consensus estimate of $400.05 million. During the same period in the previous year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was down .1% compared to the same quarter last year. 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, research analysts forecast that Pebblebrook Hotel Trust will post 1.7 EPS for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

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

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.