Brokerages Set Pebblebrook Hotel Trust (NYSE:PEB) PT at $11.91

Shares of Pebblebrook Hotel Trust (NYSE:PEB) have received an average recommendation of “Reduce” from the thirteen ratings firms that are covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a sell recommendation, five have given a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $12.0909.

Several research analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a report on Monday, December 29th. Compass Point cut Pebblebrook Hotel Trust from a “neutral” rating to a “sell” rating and cut their price target for the company from $12.00 to $11.50 in a report on Monday, November 10th. Robert W. Baird set a $15.00 price objective on Pebblebrook Hotel Trust and gave the stock an “outperform” rating in a research report on Monday, January 12th. Truist Financial boosted their price objective on Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the stock a “hold” rating in a research note on Monday, January 12th. Finally, Zacks Research cut Pebblebrook Hotel Trust from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th.

Pebblebrook Hotel Trust Stock Performance

NYSE:PEB opened at $12.83 on Tuesday. The company’s 50-day moving average price is $12.18 and its 200-day moving average price is $11.49. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.83. The company has a market cap of $1.46 billion, a P/E ratio of -14.10 and a beta of 1.48. Pebblebrook Hotel Trust has a twelve month low of $7.41 and a twelve month high of $13.35.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. The firm had revenue of $349.02 million for the quarter, compared to analyst estimates of $342.03 million. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. During the same period in the previous year, the business 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 forecast that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.04 annualized dividend and a dividend yield of 0.3%. Pebblebrook Hotel Trust’s payout ratio is presently -4.40%.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Hedge funds and other institutional investors have recently bought and sold shares of the company. Alyeska Investment Group L.P. boosted its holdings in Pebblebrook Hotel Trust by 56.4% in the 3rd quarter. Alyeska Investment Group L.P. now owns 6,268,902 shares of the real estate investment trust’s stock valued at $71,403,000 after purchasing an additional 2,259,389 shares during the last quarter. Millennium Management LLC raised its position in shares of Pebblebrook Hotel Trust by 2,584.8% during the 3rd quarter. Millennium Management LLC now owns 2,161,137 shares of the real estate investment trust’s stock valued at $24,615,000 after buying an additional 2,080,641 shares during the period. Woodline Partners LP raised its position in shares of Pebblebrook Hotel Trust by 114.6% during the 3rd quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock valued at $35,889,000 after buying an additional 1,682,855 shares during the period. Schonfeld Strategic Advisors LLC lifted its holdings in Pebblebrook Hotel Trust by 684.1% in the third quarter. Schonfeld Strategic Advisors LLC now owns 1,576,228 shares of the real estate investment trust’s stock valued at $17,953,000 after acquiring an additional 1,375,207 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its holdings in Pebblebrook Hotel Trust by 1,736.3% in the fourth quarter. MetLife Investment Management LLC now owns 1,322,264 shares of the real estate investment trust’s stock valued at $14,968,000 after acquiring an additional 1,250,256 shares during the last quarter.

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.