Weekly Investment Analysts’ Ratings Updates for Pebblebrook Hotel Trust (PEB)

Several brokerages have updated their recommendations and price targets on shares of Pebblebrook Hotel Trust (NYSE: PEB) in the last few weeks:

  • 10/27/2017 – Pebblebrook Hotel Trust was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Pebblebrook Hotel Trust is an internally managed hotel investment company organized to acquire and invest in hotel properties located primarily in large United States cities with an emphasis on the major coastal markets. The Company may invest in resort properties located near its primary urban target markets, as well as in select destination markets. Pebblebrook Hotel Trust focuses on hotel properties in the lodging industry. In addition, the Company may seek to acquire service properties in its primary urban target markets. “
  • 10/25/2017 – Pebblebrook Hotel Trust had its “hold” rating reaffirmed by analysts at Boenning Scattergood.
  • 10/25/2017 – Pebblebrook Hotel Trust was given a new $35.00 price target on by analysts at Robert W. Baird. They now have a “hold” rating on the stock.
  • 10/25/2017 – Pebblebrook Hotel Trust had its price target raised by analysts at Barclays PLC from $36.00 to $37.00. They now have an “overweight” rating on the stock.
  • 10/25/2017 – Pebblebrook Hotel Trust had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $35.00 price target on the stock.
  • 10/24/2017 – Pebblebrook Hotel Trust had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $34.50 price target on the stock, up previously from $31.50.
  • 10/12/2017 – Pebblebrook Hotel Trust had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $31.50 price target on the stock.
  • 10/2/2017 – Pebblebrook Hotel Trust was downgraded by analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating. They now have a $34.00 price target on the stock.
  • 9/27/2017 – Pebblebrook Hotel Trust was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $41.00 price target on the stock. According to Zacks, “Pebblebrook Hotel Trust is an internally managed hotel investment company organized to acquire and invest in hotel properties located primarily in large United States cities with an emphasis on the major coastal markets. The Company may invest in resort properties located near its primary urban target markets, as well as in select destination markets. Pebblebrook Hotel Trust focuses on hotel properties in the lodging industry. In addition, the Company may seek to acquire service properties in its primary urban target markets. “
  • 9/27/2017 – Pebblebrook Hotel Trust was upgraded by analysts at Janney Montgomery Scott from a “neutral” rating to a “buy” rating. They now have a $40.00 price target on the stock, up previously from $31.00.
  • 9/22/2017 – Pebblebrook Hotel Trust was upgraded by analysts at BTIG Research from a “neutral” rating to a “buy” rating. They now have a $40.00 price target on the stock.

Shares of Pebblebrook Hotel Trust (NYSE PEB) traded down $0.12 during midday trading on Tuesday, hitting $36.18. 380,400 shares of the stock traded hands, compared to its average volume of 789,346. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.31 and a quick ratio of 0.31. The stock has a market cap of $2,510.00, a PE ratio of 13.65, a price-to-earnings-growth ratio of 1.52 and a beta of 1.21. Pebblebrook Hotel Trust has a 52-week low of $26.21 and a 52-week high of $37.63.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its earnings results on Monday, October 23rd. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.49. The firm had revenue of $201.80 million for the quarter, compared to analysts’ expectations of $198.11 million. Pebblebrook Hotel Trust had a net margin of 12.98% and a return on equity of 6.63%. The business’s revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.61) EPS. equities analysts forecast that Pebblebrook Hotel Trust will post 2.51 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 29th were issued a dividend of $0.38 per share. The ex-dividend date was Thursday, September 28th. This represents a $1.52 annualized dividend and a yield of 4.20%. Pebblebrook Hotel Trust’s payout ratio is 118.75%.

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.

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