Pebblebrook Hotel Trust (NYSE:PEB) Stock Rating Upgraded by Zacks Research

Pebblebrook Hotel Trust (NYSE:PEB) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

A number of other analysts have also recently weighed in on the stock. Wall Street Zen raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Saturday, February 28th. LADENBURG THALM/SH SH initiated coverage on Pebblebrook Hotel Trust in a research report on Thursday, March 26th. They issued a “neutral” rating and a $14.00 price objective on the stock. Evercore set a $15.00 price objective on Pebblebrook Hotel Trust in a research note on Monday, April 27th. Barclays upped their target price on Pebblebrook Hotel Trust from $9.00 to $13.00 and gave the stock an “underweight” rating in a research report on Monday, June 1st. Finally, Truist Financial upgraded Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating and raised their target price for the company from $14.00 to $17.00 in a report on Wednesday, May 27th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, six have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $14.98.

Pebblebrook Hotel Trust Stock Up 4.6%

PEB opened at $19.35 on Monday. The firm has a 50 day moving average price of $14.94 and a 200 day moving average price of $13.04. The company has a market cap of $2.19 billion, a PE ratio of -24.18, a price-to-earnings-growth ratio of 1.61 and a beta of 1.45. Pebblebrook Hotel Trust has a 1 year low of $9.28 and a 1 year high of $19.39. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.04 and a current ratio of 1.04.

Pebblebrook Hotel Trust (NYSE:PEB) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.31) by $0.05. Pebblebrook Hotel Trust had a negative net margin of 4.18% and a negative return on equity of 2.41%. The company had revenue of $345.66 million during the quarter, compared to the consensus estimate of $331.23 million. During the same period in the previous year, the firm earned $0.16 earnings per share. Pebblebrook Hotel Trust’s revenue for the quarter was up 7.9% on a year-over-year basis. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. Sell-side analysts expect that Pebblebrook Hotel Trust will post 1.59 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PEB. Amundi boosted its holdings in Pebblebrook Hotel Trust by 4.1% in the first quarter. Amundi now owns 84,843 shares of the real estate investment trust’s stock valued at $1,072,000 after purchasing an additional 3,371 shares during the last quarter. California State Teachers Retirement System increased its holdings in Pebblebrook Hotel Trust by 34.5% during the 1st quarter. California State Teachers Retirement System now owns 149,266 shares of the real estate investment trust’s stock worth $1,885,000 after purchasing an additional 38,289 shares during the last quarter. Quantinno Capital Management LP raised its position in shares of Pebblebrook Hotel Trust by 24.7% in the 1st quarter. Quantinno Capital Management LP now owns 118,779 shares of the real estate investment trust’s stock valued at $1,500,000 after purchasing an additional 23,527 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Pebblebrook Hotel Trust by 51.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,154,627 shares of the real estate investment trust’s stock valued at $27,213,000 after purchasing an additional 736,078 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Pebblebrook Hotel Trust by 10.3% during the 1st quarter. Cetera Investment Advisers now owns 80,827 shares of the real estate investment trust’s stock valued at $1,021,000 after buying an additional 7,579 shares during the last quarter.

About Pebblebrook Hotel Trust

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.