Pebblebrook Hotel Trust (PEB) Receives News Sentiment Score of 0.18
News articles about Pebblebrook Hotel Trust (NYSE:PEB) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Pebblebrook Hotel Trust earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 46.1666550019298 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Pebblebrook Hotel Trust (PEB) traded up $0.46 during trading on Thursday, reaching $38.47. The company had a trading volume of 732,508 shares, compared to its average volume of 777,823. The stock has a market cap of $2,640.00, a PE ratio of 14.14, a PEG ratio of 1.58 and a beta of 1.21. Pebblebrook Hotel Trust has a 1 year low of $26.21 and a 1 year high of $38.49. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.56.
Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings data on Monday, October 23rd. The real estate investment trust reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.49. The firm had revenue of $201.80 million during the quarter, compared to analysts’ expectations of $198.11 million. Pebblebrook Hotel Trust had a return on equity of 6.63% and a net margin of 12.98%. The firm’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter last year, the business posted ($0.61) EPS. equities research analysts predict that Pebblebrook Hotel Trust will post 2.51 EPS for the current fiscal year.
A number of research analysts have recently weighed in on PEB shares. Janney Montgomery Scott upgraded Pebblebrook Hotel Trust from a “neutral” rating to a “buy” rating and raised their price target for the company from $31.00 to $40.00 in a research report on Wednesday, September 27th. BTIG Research upgraded Pebblebrook Hotel Trust from a “neutral” rating to a “buy” rating and set a $40.00 price target for the company in a research report on Friday, September 22nd. ValuEngine upgraded Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Royal Bank Of Canada restated a “buy” rating and issued a $35.00 price target on shares of Pebblebrook Hotel Trust in a research report on Wednesday, October 25th. Finally, Zacks Investment Research cut Pebblebrook Hotel Trust from a “buy” rating to a “hold” rating in a research report on Friday, October 27th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $35.94.
Pebblebrook Hotel Trust Company Profile
Pebblebrook Hotel Trust is an internally managed hotel investment company. The Company is a real estate investment trust (REIT) that acquires and invests in hotel properties located primarily in cities of the United States. As of December 31, 2016, the Company owned 29 hotels with a total of 7,219 guest rooms.
Receive News & Ratings for Pebblebrook Hotel Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pebblebrook Hotel Trust and related companies with MarketBeat.com's FREE daily email newsletter.