Pebblebrook Hotel Trust (NYSE:PEB) Sets New 1-Year High – Should You Buy?

Pebblebrook Hotel Trust (NYSE:PEB) reached a new 52-week high on Tuesday . The stock traded as high as $19.63 and last traded at $19.6110, with a volume of 970162 shares changing hands. The stock had previously closed at $19.34.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Barclays upped their price target on Pebblebrook Hotel Trust from $9.00 to $13.00 and gave the stock an “underweight” rating in a research report on Monday, June 1st. LADENBURG THALM/SH SH lifted their price objective on Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the company a “neutral” rating in a research report on Thursday, June 18th. Truist Financial boosted their price objective on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the company a “buy” rating in a research note on Monday. Morgan Stanley increased their target price on shares of Pebblebrook Hotel Trust from $10.00 to $12.00 and gave the stock an “underweight” rating in a report on Tuesday, May 12th. Finally, Citigroup raised their target price on shares of Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $16.06.

Pebblebrook Hotel Trust Stock Performance

The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.04 and a current ratio of 1.04. The business’s fifty day simple moving average is $15.90 and its 200-day simple moving average is $13.54. The firm has a market capitalization of $2.22 billion, a PE ratio of -24.51, a price-to-earnings-growth ratio of 1.65 and a beta of 1.45.

Pebblebrook Hotel Trust (NYSE:PEB) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.05. Pebblebrook Hotel Trust had a negative net margin of 4.18% and a negative return on equity of 2.41%. The firm had revenue of $345.66 million for the quarter, compared to the consensus estimate of $331.23 million. During the same quarter in the previous year, the firm earned $0.16 earnings per share. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. As a group, equities research analysts expect that Pebblebrook Hotel Trust will post 1.6 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Pebblebrook Hotel Trust’s dividend payout ratio is -5.00%.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Several large investors have recently made changes to their positions in PEB. Whittier Trust Co. of Nevada Inc. bought a new position in Pebblebrook Hotel Trust during the first quarter valued at approximately $34,000. Quadrant Capital Group LLC raised its holdings in shares of Pebblebrook Hotel Trust by 32.8% during the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 796 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of Pebblebrook Hotel Trust during the 4th quarter worth approximately $38,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Pebblebrook Hotel Trust by 33.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 865 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its holdings in shares of Pebblebrook Hotel Trust by 188.0% in the fourth quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 3,296 shares in the last quarter.

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.