Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $13.35 and last traded at $13.15, with a volume of 149619 shares changing hands. The stock had previously closed at $12.75.
Wall Street Analysts Forecast Growth
PEB has been the topic of several research analyst reports. Wall Street Zen raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a report on Saturday, February 28th. Truist Financial increased their price target on shares of Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the company a “hold” rating in a report on Tuesday, March 31st. Citigroup increased their target price on shares of Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. LADENBURG THALM/SH SH assumed coverage on shares of Pebblebrook Hotel Trust in a research report on Thursday, March 26th. They set a “neutral” rating and a $14.00 target price on the stock. Finally, Robert W. Baird set a $15.00 target price on shares of Pebblebrook Hotel Trust and gave the stock an “outperform” rating in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $12.33.
Pebblebrook Hotel Trust Stock Performance
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last announced its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. 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 business posted $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. Analysts forecast that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.
Pebblebrook Hotel Trust Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Tuesday, March 31st. Pebblebrook Hotel Trust’s dividend payout ratio is presently -4.40%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Allianz Asset Management GmbH boosted its position in shares of Pebblebrook Hotel Trust by 108.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 707,913 shares of the real estate investment trust’s stock worth $8,063,000 after acquiring an additional 368,681 shares in the last quarter. Nebula Research & Development LLC boosted its position in shares of Pebblebrook Hotel Trust by 97.4% during the 2nd quarter. Nebula Research & Development LLC now owns 195,799 shares of the real estate investment trust’s stock worth $1,956,000 after acquiring an additional 96,608 shares in the last quarter. APG Asset Management US Inc. acquired a new stake in shares of Pebblebrook Hotel Trust during the 3rd quarter worth approximately $5,545,000. SG Americas Securities LLC boosted its position in shares of Pebblebrook Hotel Trust by 40.4% during the 4th quarter. SG Americas Securities LLC now owns 153,226 shares of the real estate investment trust’s stock worth $1,735,000 after acquiring an additional 44,079 shares in the last quarter. Finally, Squarepoint Ops LLC acquired a new stake in shares of Pebblebrook Hotel Trust during the 2nd quarter worth approximately $1,116,000.
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.
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