Pebblebrook Hotel Trust (NYSE:PEB) Announces Earnings Results, Misses Expectations By $0.59 EPS

Pebblebrook Hotel Trust (NYSE:PEB) issued its quarterly earnings results on Thursday. The real estate investment trust reported ($0.56) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.59), FiscalAI reports. The business had revenue of $402.75 million for the quarter, compared to analysts’ expectations of $393.55 million. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.51 EPS.

Pebblebrook Hotel Trust Price Performance

NYSE:PEB traded down $0.51 during midday trading on Friday, hitting $21.21. 1,303,868 shares of the stock were exchanged, compared to its average volume of 2,392,468. The business has a 50-day moving average price of $18.92 and a two-hundred day moving average price of $16.02. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of -30.69, a P/E/G ratio of 1.01 and a beta of 1.43. Pebblebrook Hotel Trust has a one year low of $9.99 and a one year high of $21.90.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, September 30th. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is currently -5.80%.

Key Headlines Impacting Pebblebrook Hotel Trust

Here are the key news stories impacting Pebblebrook Hotel Trust this week:

• Positive Sentiment: 2026 guidance was raised. Pebblebrook increased its outlook for adjusted EBITDAre to $363.3 million-$367.3 million and adjusted FFO per diluted share to $1.88-$1.92, signaling confidence in underlying operating performance. Pebblebrook Hotel Trust Raises Earnings Guidance
• Positive Sentiment: Hotel fundamentals improved. Third-quarter same-property revenue per available room rose 8.3%, driven by a 7.0% increase in average daily rate and 1.2% higher occupancy. Same-property hotel EBITDA increased 15.1% to $115.2 million. Pebblebrook Q3 Operating Results
• Positive Sentiment: Adjusted FFO exceeded expectations. FFO was $0.63 per share, versus the $0.54 consensus estimate and $0.51 a year earlier. Revenue of $402.7 million also topped estimates of approximately $393.5 million. Pebblebrook Tops Q3 FFO Estimates
• Neutral Sentiment: Pebblebrook published its eighth annual corporate sustainability report. The update may support its long-term ESG profile but is unlikely to materially affect near-term valuation. Corporate Sustainability Report
• Negative Sentiment: GAAP results were weak. Pebblebrook reported a $0.56 per-share loss, substantially below the $0.03-per-share consensus, while its net loss widened to $54.6 million from $32.4 million a year earlier. The quarter included $77.3 million of non-cash impairment charges, which helps explain the earnings miss but remains a negative headline for investors. Pebblebrook Third Quarter 2026 Results

Wall Street Analyst Weigh In

Several analysts have weighed in on PEB shares. Wells Fargo & Company boosted their target price on shares of Pebblebrook Hotel Trust from $19.00 to $20.00 and gave the company an “equal weight” rating in a research note on Monday. Stifel Nicolaus set a $22.00 price objective on Pebblebrook Hotel Trust in a research report on Monday, October 19th. Barclays decreased their price objective on Pebblebrook Hotel Trust from $15.00 to $14.00 and set an “underweight” rating for the company in a report on Thursday, August 27th. Evercore set a $21.00 target price on Pebblebrook Hotel Trust in a research report on Monday. Finally, Citigroup lifted their target price on Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $18.27.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE:PEB) is a publicly traded real estate investment trust that owns and invests in upscale, full-service hotels and resorts in the United States. The company focuses on acquiring, developing, and repositioning lodging properties in major urban and resort destinations.

Its portfolio includes hotels operating under a variety of national, regional, and independent brands. Pebblebrook generally owns the underlying real estate while hotels are operated through management agreements, providing lodging accommodations, food and beverage services, meeting and event facilities, and other guest amenities.

Founded in 2009, Pebblebrook Hotel Trust has emphasized properties in markets with strong tourism, business travel, and cultural or recreational appeal.