Pebblebrook Hotel Trust (PEB) to Distribute Quarterly Dividend of $0.01 on October 15th

Pebblebrook Hotel Trust (NYSE:PEB) declared a quarterly dividend on Tuesday, September 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of 0.01 per share by the real estate investment trust on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, September 30th.

Pebblebrook Hotel Trust has a payout ratio of -9.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Pebblebrook Hotel Trust to earn $1.65 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 2.4%.

Pebblebrook Hotel Trust Price Performance

Shares of PEB stock opened at $17.84 on Thursday. The business’s fifty day moving average is $18.47 and its 200 day moving average is $16.17. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.83. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of -25.85, a PEG ratio of 1.25 and a beta of 1.40. Pebblebrook Hotel Trust has a twelve month low of $9.99 and a twelve month high of $19.93.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, beating the consensus estimate of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The business had revenue of $407.14 million during the quarter, compared to analyst estimates of $400.05 million. During the same quarter last year, the firm posted $0.65 earnings per share. The company’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. Research analysts expect that Pebblebrook Hotel Trust will post 1.7 EPS for the current fiscal year.

Institutional Trading of Pebblebrook Hotel Trust

Several institutional investors have recently added to or reduced their stakes in the business. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Pebblebrook Hotel Trust during the first quarter valued at $34,000. Cullen Frost Bankers Inc. purchased a new position in Pebblebrook Hotel Trust in the 4th quarter worth about $38,000. Nykredit A S bought a new position in Pebblebrook Hotel Trust during the 2nd quarter valued at about $51,000. Hantz Financial Services Inc. lifted its stake 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 valued at $57,000 after acquiring an additional 3,296 shares during the period. Finally, Group One Trading LLC purchased a new stake in shares of Pebblebrook Hotel Trust during the 2nd quarter valued at about $86,000.

About Pebblebrook Hotel Trust

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.