Pebblebrook Hotel Trust (NYSE:PEB) Given Consensus Recommendation of “Hold” by Analysts

Shares of Pebblebrook Hotel Trust (NYSE:PEBGet Free Report) have earned a consensus rating of “Hold” from the fourteen brokerages that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $17.3654.

PEB has been the subject of several research reports. BMO Capital Markets reissued a “market perform” rating and set a $17.00 price objective on shares of Pebblebrook Hotel Trust in a report on Friday, June 12th. Wells Fargo & Company boosted their target price on shares of Pebblebrook Hotel Trust from $16.00 to $19.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd. Raymond James Financial reissued an “outperform” rating and issued a $18.00 target price on shares of Pebblebrook Hotel Trust in a research report on Monday, June 8th. Truist Financial upped their price target on shares of Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Finally, Morgan Stanley upped their target price on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, July 17th.

Get Our Latest Report on PEB

Pebblebrook Hotel Trust Stock Down 0.2%

Shares of Pebblebrook Hotel Trust stock opened at $18.23 on Friday. The company has a 50-day simple moving average of $18.45 and a two-hundred day simple moving average of $16.35. Pebblebrook Hotel Trust has a 52-week low of $9.99 and a 52-week high of $19.93. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a market capitalization of $2.06 billion, a PE ratio of -26.42, a price-to-earnings-growth ratio of 1.25 and a beta of 1.40.

Pebblebrook Hotel Trust (NYSE:PEBGet Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. The company had revenue of $407.14 million during the quarter, compared to analyst estimates of $400.05 million. During the same period in the previous year, the business earned $0.65 EPS. The firm’s revenue for the quarter was down .1% on a year-over-year basis. Pebblebrook Hotel Trust has set its Q3 2026 guidance at 0.480-0.520 EPS and its FY 2026 guidance at 1.690-1.760 EPS. On average, analysts anticipate that Pebblebrook Hotel Trust will post 1.7 EPS for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 30th. Pebblebrook Hotel Trust’s payout ratio is currently -5.80%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Amundi increased its holdings in Pebblebrook Hotel Trust by 484.2% in the 2nd quarter. Amundi now owns 495,647 shares of the real estate investment trust’s stock worth $9,621,000 after acquiring an additional 410,804 shares in the last quarter. Corient Private Wealth LP purchased a new position in Pebblebrook Hotel Trust during the second quarter valued at approximately $1,511,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Pebblebrook Hotel Trust in the second quarter worth approximately $1,906,000. Voss Capital LP bought a new position in shares of Pebblebrook Hotel Trust in the fourth quarter worth approximately $4,897,000. Finally, WINTON GROUP Ltd purchased a new stake in shares of Pebblebrook Hotel Trust in the second quarter worth $2,869,000.

Pebblebrook Hotel Trust Company Profile

(Get Free Report)

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust that owns and invests in upper-upscale and luxury hotels and resorts. The company’s portfolio includes independent, boutique and branded properties serving business and leisure travelers.

Pebblebrook focuses primarily on hotels in major urban and resort destinations across the United States, including markets on the West Coast, in the Northeast, the Southeast and other metropolitan and resort regions.

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Analyst Recommendations for Pebblebrook Hotel Trust (NYSE:PEB)

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