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

Pebblebrook Hotel Trust (NYSE:PEB) declared a quarterly dividend on Monday, March 16th. Investors of record on Tuesday, March 31st will be given a dividend of 0.01 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, March 31st.

Pebblebrook Hotel Trust has a dividend payout ratio of -9.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Pebblebrook Hotel Trust to earn $1.47 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 2.7%.

Pebblebrook Hotel Trust Trading Up 3.2%

Pebblebrook Hotel Trust stock opened at $11.95 on Tuesday. The stock has a 50-day simple moving average of $12.27 and a 200 day simple moving average of $11.56. The stock has a market capitalization of $1.36 billion, a P/E ratio of -13.13 and a beta of 1.48. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.09 and a current ratio of 1.09. Pebblebrook Hotel Trust has a 52 week low of $7.41 and a 52 week high of $13.35.

Pebblebrook Hotel Trust (NYSE:PEB) last released its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative return on equity of 2.88% and a negative net margin of 5.18%.The firm had revenue of $349.02 million for the quarter, compared to analyst estimates of $342.03 million. During the same quarter in the prior year, the company earned $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. Analysts expect that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.

Wall Street Analysts Forecast Growth

PEB has been the topic of a number of recent research reports. Cantor Fitzgerald raised their price objective on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 3rd. Zacks Research downgraded Pebblebrook Hotel Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Citigroup increased their target price on Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Truist Financial raised their price target on Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the stock a “hold” rating in a research report on Monday, January 12th. Finally, Barclays initiated coverage on Pebblebrook Hotel Trust in a research note on Tuesday, January 6th. They issued an “underweight” rating and a $10.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, Pebblebrook Hotel Trust currently has a consensus rating of “Reduce” and an average price target of $12.09.

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.