Pebblebrook Hotel Trust (NYSE:PEB) Coverage Initiated at LADENBURG THALM/SH SH

Equities researchers at LADENBURG THALM/SH SH began coverage on shares of Pebblebrook Hotel Trust (NYSE:PEB) in a report issued on Thursday. The brokerage set a “neutral” rating and a $14.00 price target on the real estate investment trust’s stock. LADENBURG THALM/SH SH’s price target would suggest a potential upside of 9.68% from the company’s previous close.

PEB has been the topic of a number of other research reports. Cantor Fitzgerald increased their price target on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 3rd. Wells Fargo & Company reduced their price objective on Pebblebrook Hotel Trust from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Wall Street Zen upgraded Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a report on Saturday, February 28th. Barclays initiated coverage on shares of Pebblebrook Hotel Trust in a research report on Tuesday, January 6th. They set an “underweight” rating and a $10.00 target price for the company. Finally, Zacks Research raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $12.17.

Pebblebrook Hotel Trust Stock Performance

NYSE:PEB opened at $12.76 on Thursday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.83. The firm has a 50-day moving average price of $12.31 and a two-hundred day moving average price of $11.61. Pebblebrook Hotel Trust has a twelve month low of $7.41 and a twelve month high of $13.35. The company has a market capitalization of $1.45 billion, a P/E ratio of -14.03 and a beta of 1.48.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative return on equity of 2.88% and a negative net margin of 5.18%.The firm had revenue of $349.02 million for the quarter, compared to analyst estimates of $342.03 million. During the same quarter in the prior year, the company earned $0.20 EPS. Pebblebrook Hotel Trust has set its Q1 2026 guidance at 0.190-0.230 EPS and its FY 2026 guidance at 1.500-1.620 EPS. As a group, research analysts expect that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PEB. Alyeska Investment Group L.P. boosted its stake in shares of Pebblebrook Hotel Trust by 11.1% in the fourth quarter. Alyeska Investment Group L.P. now owns 6,964,179 shares of the real estate investment trust’s stock valued at $78,835,000 after purchasing an additional 695,277 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Pebblebrook Hotel Trust by 13.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,180,800 shares of the real estate investment trust’s stock valued at $69,969,000 after buying an additional 711,042 shares during the last quarter. Millennium Management LLC increased its position in shares of Pebblebrook Hotel Trust by 46.1% during the fourth quarter. Millennium Management LLC now owns 3,158,256 shares of the real estate investment trust’s stock worth $35,751,000 after acquiring an additional 997,119 shares during the last quarter. Woodline Partners LP lifted its stake in shares of Pebblebrook Hotel Trust by 114.6% in the third quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock worth $35,889,000 after acquiring an additional 1,682,855 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Pebblebrook Hotel Trust by 6.2% in the fourth quarter. Geode Capital Management LLC now owns 3,033,952 shares of the real estate investment trust’s stock valued at $34,350,000 after purchasing an additional 177,466 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.