Pebblebrook Hotel Trust (NYSE:PEB) Receives $17.37 Consensus Price Target from Brokerages

Shares of Pebblebrook Hotel Trust (NYSE:PEB) have received a consensus rating of “Hold” from the fourteen ratings firms that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, seven have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $17.3654.

Several analysts have commented on the stock. LADENBURG THALM/SH SH increased their price target on shares of Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Wells Fargo & Company increased their target price on shares of 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. BMO Capital Markets restated a “market perform” rating and issued a $17.00 target price on shares of Pebblebrook Hotel Trust in a research note on Friday, June 12th. Zacks Research lowered shares of Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Finally, Truist Financial upped their price target on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, June 29th.

Pebblebrook Hotel Trust Trading Up 0.6%

Shares of NYSE PEB opened at $18.15 on Friday. 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 business has a fifty day simple moving average of $18.47 and a two-hundred day simple moving average of $16.28. The firm has a market cap of $2.05 billion, a PE ratio of -26.30, a price-to-earnings-growth ratio of 1.24 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 posted its quarterly 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. The business had revenue of $407.14 million for the quarter, compared to the consensus estimate of $400.05 million. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The business’s revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.65 EPS. 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. Analysts expect that Pebblebrook Hotel Trust will post 1.7 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date is Wednesday, September 30th. Pebblebrook Hotel Trust’s payout ratio is -5.80%.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nykredit A S purchased a new stake in shares of Pebblebrook Hotel Trust during the second quarter worth about $51,000. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of Pebblebrook Hotel Trust in the 1st quarter valued at approximately $34,000. Cullen Frost Bankers Inc. purchased a new position in shares of Pebblebrook Hotel Trust in the 4th quarter valued at approximately $38,000. Group One Trading LLC purchased a new position in shares of Pebblebrook Hotel Trust in the 2nd quarter valued at approximately $86,000. Finally, Hantz Financial Services Inc. boosted its stake in Pebblebrook Hotel Trust by 188.0% in the 4th quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 3,296 shares in the last quarter.

Pebblebrook Hotel Trust Company Profile

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.