Pebblebrook Hotel Trust (NYSE:PEB) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Pebblebrook Hotel Trust (NYSE:PEBGet Free Report) have received an average recommendation of “Hold” from the fifteen analysts that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, three have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $16.0577.

A number of equities analysts have issued reports on PEB shares. Citigroup raised their price objective on shares of Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. LADENBURG THALM/SH SH raised their price target on Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the stock a “neutral” rating in a research report on Thursday, June 18th. Barclays lifted their price objective on Pebblebrook Hotel Trust from $9.00 to $13.00 and gave the stock an “underweight” rating in a research note on Monday, June 1st. Truist Financial upped their price objective on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the company a “buy” rating in a report on Monday, June 29th. Finally, Wells Fargo & Company increased their target price on Pebblebrook Hotel Trust from $12.00 to $16.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st.

Read Our Latest Report on PEB

Pebblebrook Hotel Trust Trading Up 0.9%

PEB stock traded up $0.17 during midday trading on Monday, reaching $18.16. The stock had a trading volume of 1,227,418 shares, compared to its average volume of 3,056,618. The business has a fifty day simple moving average of $16.71 and a two-hundred day simple moving average of $13.97. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.82. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of -22.71, a PEG ratio of 1.56 and a beta of 1.39. Pebblebrook Hotel Trust has a twelve month low of $9.30 and a twelve month high of $19.75.

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

Pebblebrook Hotel Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Tuesday, June 30th. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is currently -5.00%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. bought a new stake in Pebblebrook Hotel Trust in the first quarter valued at approximately $34,000. Quadrant Capital Group LLC grew its holdings in shares of Pebblebrook Hotel Trust by 32.8% in the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 796 shares during the period. Cullen Frost Bankers Inc. acquired a new position in shares of Pebblebrook Hotel Trust in the 4th quarter valued at $38,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Pebblebrook Hotel Trust by 33.3% in 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 buying an additional 865 shares during the period. Finally, Hantz Financial Services Inc. increased its position in shares of Pebblebrook Hotel Trust by 188.0% in the 4th quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 3,296 shares in the last quarter.

About Pebblebrook Hotel Trust

(Get Free Report)

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.

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Analyst Recommendations for Pebblebrook Hotel Trust (NYSE:PEB)

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