Pebblebrook Hotel Trust (NYSE:PEB) Reaches New 1-Year High – Here’s What Happened

Pebblebrook Hotel Trust (NYSE:PEB)’s share price reached a new 52-week high on Tuesday . The company traded as high as $19.76 and last traded at $19.7730, with a volume of 1104043 shares. The stock had previously closed at $19.31.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on PEB shares. Raymond James Financial restated an “outperform” rating and set a $18.00 price objective on shares of Pebblebrook Hotel Trust in a research note on Monday, June 8th. Zacks Research upgraded Pebblebrook Hotel Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 15th. Morgan Stanley boosted their target price on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a report on Friday, July 17th. Wells Fargo & Company increased their price target on shares of Pebblebrook Hotel Trust from $12.00 to $16.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Finally, Weiss Ratings raised shares of Pebblebrook Hotel Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Pebblebrook Hotel Trust has an average rating of “Hold” and a consensus price target of $16.67.

Pebblebrook Hotel Trust Stock Down 0.3%

The company’s fifty day simple moving average is $17.45 and its 200-day simple moving average is $14.41. The firm has a market capitalization of $2.23 billion, a PE ratio of -24.60, a price-to-earnings-growth ratio of 1.36 and a beta of 1.39. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.04 and a quick ratio of 1.04.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported ($0.26) EPS for the quarter, beating the consensus estimate of ($0.31) by $0.05. The firm had revenue of $345.66 million during the quarter, compared to analyst estimates of $331.23 million. Pebblebrook Hotel Trust had a negative return on equity of 2.41% and a negative net margin of 4.18%.The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. On average, analysts forecast that Pebblebrook Hotel Trust will post 1.61 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

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

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Several institutional investors have recently added to or reduced their stakes in the business. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Pebblebrook Hotel Trust during the first quarter valued at about $34,000. Quadrant Capital Group LLC boosted its stake in 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 worth $36,000 after purchasing an additional 796 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new stake in Pebblebrook Hotel Trust in the 4th quarter worth approximately $38,000. Mirae Asset Global Investments Co. Ltd. grew its position in 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 worth $39,000 after purchasing an additional 865 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its position in Pebblebrook Hotel Trust by 188.0% during the 4th quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 3,296 shares during 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.