Pebblebrook Hotel Trust (NYSE:PEB) Stock Has Average Target Price of $17.60

Shares of Pebblebrook Hotel Trust (NYSE:PEB) have been assigned a consensus rating of “Hold” from the fourteen ratings firms that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $17.60.

Several analysts recently commented on the company. Wells Fargo & Company raised their target price on Pebblebrook Hotel Trust from $16.00 to $19.00 and gave the company an “equal weight” rating in a research report on Thursday, July 23rd. Cantor Fitzgerald boosted 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 Tuesday, August 11th. Zacks Research lowered Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Barclays decreased their price target on Pebblebrook Hotel Trust from $15.00 to $14.00 and set an “underweight” rating for the company in a research note on Thursday, August 27th. Finally, Citigroup raised their price target on Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the company a “neutral” rating in a report on Wednesday, July 22nd.

Pebblebrook Hotel Trust Stock Performance

PEB stock opened at $19.49 on Wednesday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.83. The firm has a market cap of $2.20 billion, a P/E ratio of -28.25, a P/E/G ratio of 1.33 and a beta of 1.43. Pebblebrook Hotel Trust has a 12-month low of $9.99 and a 12-month high of $19.96. The stock’s 50 day simple moving average is $18.41 and its 200 day simple moving average is $17.15.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. The firm had revenue of $407.14 million for the quarter, compared to analysts’ expectations of $400.05 million. During the same quarter last year, the company posted $0.65 earnings per share. Pebblebrook Hotel Trust’s revenue 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. As a group, equities research analysts predict that Pebblebrook Hotel Trust will post 1.71 EPS for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Wednesday, September 30th. Pebblebrook Hotel Trust’s dividend payout ratio is currently -5.80%.

Hedge Funds Weigh In On Pebblebrook Hotel Trust

Several large investors have recently bought and sold shares of the stock. Cim Investment Management Inc. increased its holdings in shares of Pebblebrook Hotel Trust by 7.3% in the second quarter. Cim Investment Management Inc. now owns 13,180 shares of the real estate investment trust’s stock valued at $256,000 after buying an additional 893 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of Pebblebrook Hotel Trust by 9.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 11,001 shares of the real estate investment trust’s stock worth $214,000 after acquiring an additional 910 shares in the last quarter. Corient Private Wealth LP boosted its stake in shares of Pebblebrook Hotel Trust by 1.3% during the 2nd quarter. Corient Private Wealth LP now owns 77,931 shares of the real estate investment trust’s stock worth $1,513,000 after acquiring an additional 1,024 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Pebblebrook Hotel Trust by 10.5% in the 2nd quarter. GAMMA Investing LLC now owns 11,876 shares of the real estate investment trust’s stock worth $231,000 after acquiring an additional 1,130 shares during the last quarter. Finally, Nykredit A S purchased a new position in Pebblebrook Hotel Trust in the 2nd quarter worth about $51,000.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE:PEB) is a real estate investment trust that owns and invests in upper-upscale, full-service hotels, primarily in major urban and resort destinations across the United States. The company focuses on lifestyle-oriented properties, including independent hotels and hotels affiliated with nationally recognized brands.

Its properties provide lodging, dining, meeting, event, and other hospitality services. Pebblebrook seeks to create value through strategic acquisitions, renovations, repositioning, and active asset management, while working with hotel management companies to operate its properties.

Founded in 2009 and headquartered in Bethesda, Maryland, Pebblebrook has built a portfolio concentrated in markets such as coastal gateway cities and select resort destinations.