Pebblebrook Hotel Trust (NYSE:PEB) Plans $0.01 Quarterly Dividend

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

Pebblebrook Hotel Trust has a dividend payout ratio of -9.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Pebblebrook Hotel Trust to earn $1.59 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 2.5%.

Pebblebrook Hotel Trust Price Performance

Shares of NYSE PEB traded up $0.30 during mid-day trading on Monday, reaching $18.48. 3,242,211 shares of the company were exchanged, compared to its average volume of 2,365,647. Pebblebrook Hotel Trust has a 52 week low of $9.02 and a 52 week high of $18.51. The company’s 50 day moving average price is $14.70 and its 200 day moving average price is $12.94. The stock has a market capitalization of $2.09 billion, a PE ratio of -23.09, a PEG ratio of 1.58 and a beta of 1.45. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.82.

Pebblebrook Hotel Trust (NYSE:PEB) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) EPS for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.05. Pebblebrook Hotel Trust had a negative return on equity of 2.41% and a negative net margin of 4.18%.The business had revenue of $345.66 million for the quarter, compared to analysts’ expectations of $331.23 million. During the same quarter in the prior year, the firm earned $0.16 earnings per share. The firm’s revenue 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 forecast that Pebblebrook Hotel Trust will post 1.59 earnings per share for the current fiscal year.

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.