Pebblebrook Hotel Trust (NYSE:PEB) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded Pebblebrook Hotel Trust from “hold” to “sell.” Despite the downgrade, the broader analyst consensus remains “hold,” with a $18.27 average price target.
• Pebblebrook reported a $0.56-per-share quarterly loss, missing expectations for a $0.03 profit, although revenue of $402.75 million exceeded forecasts. Results were affected by $77.3 million in non-cash impairment charges.
• PEB shares opened at $21.51, near their 12-month high of $21.90, while institutional investors—including Amundi and Legal & General—recently increased or initiated positions in the company.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Saturday, Wall Street Zen reports.

PEB has been the topic of several other research reports. Barclays dropped their target price on shares of Pebblebrook Hotel Trust from $15.00 to $14.00 and set an "underweight" rating on the stock in a research note on Thursday, August 27th. Raymond James Financial boosted their price objective on shares of Pebblebrook Hotel Trust from $18.00 to $20.00 and gave the stock an "outperform" rating in a report on Monday, September 28th. Wells Fargo & Company increased their target price on Pebblebrook Hotel Trust from $19.00 to $20.00 and gave the company an "equal weight" rating in a research note on Monday, October 26th. Stifel Nicolaus set a $22.00 target price on Pebblebrook Hotel Trust in a report on Monday, October 19th. Finally, Morgan Stanley boosted their price target on Pebblebrook Hotel Trust from $14.00 to $15.00 and gave the stock an "underweight" rating in a research note on Thursday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $18.27.

Pebblebrook Hotel Trust Stock Down 1.0%

Shares of NYSE:PEB opened at $21.51 on Friday. The stock has a fifty day simple moving average of $18.98 and a two-hundred day simple moving average of $16.07. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 11.43, a PEG ratio of 1.02 and a beta of 1.43. Pebblebrook Hotel Trust has a 12-month low of $9.99 and a 12-month high of $21.90. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.83.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last released its earnings results on Thursday, October 29th. The real estate investment trust reported ($0.56) EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.59). Pebblebrook Hotel Trust had a negative return on equity of 2.70% and a negative net margin of 4.55%. The company had revenue of $402.75 million during the quarter, compared to analysts' expectations of $393.55 million. During the same period in the prior year, the company posted $0.51 earnings per share. The company's revenue was up 1.0% on a year-over-year basis. On average, research analysts anticipate that Pebblebrook Hotel Trust will post 1.74 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

A number of large investors have recently made changes to their positions in the company. Amundi grew its stake in shares of Pebblebrook Hotel Trust by 484.2% during the 2nd quarter. Amundi now owns 495,647 shares of the real estate investment trust's stock valued at $9,621,000 after acquiring an additional 410,804 shares during the period. Corient Private Wealth LP purchased a new position in Pebblebrook Hotel Trust during the second quarter valued at approximately $1,511,000. WINTON GROUP Ltd bought a new position in shares of Pebblebrook Hotel Trust in the second quarter worth approximately $2,869,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Pebblebrook Hotel Trust during the 2nd quarter valued at $1,906,000. Finally, Legal & General Group Plc purchased a new position in shares of Pebblebrook Hotel Trust during the 2nd quarter valued at $36,905,000.

Pebblebrook Hotel Trust News Summary

Here are the key news stories impacting Pebblebrook Hotel Trust this week:

• Positive Sentiment: Management raised its 2026 outlook to adjusted EBITDAre of $363.3 million–$367.3 million and adjusted FFO of $1.88–$1.92 per diluted share, signaling improved expectations for the business. Pebblebrook Hotel Trust Raises Earnings Guidance
• Positive Sentiment: Third-quarter adjusted FFO was $0.63 per share, above the $0.54 consensus estimate and up from $0.51 a year earlier. Same-property RevPAR increased 8.3%, driven by a 7.0% rise in average daily rate and higher occupancy, while same-property hotel EBITDA rose 15.1% to $115.2 million. Pebblebrook Hotel Tops Q3 FFO Estimates
• Positive Sentiment: Revenue reached $402.7 million, exceeding the roughly $393.5 million analyst estimate. Pebblebrook also repurchased 1.2 million shares for $20.9 million during the quarter, which may support per-share value. Pebblebrook Reports Third Quarter 2026 Results
• Neutral Sentiment: Pebblebrook published its eighth annual corporate sustainability report, providing an update on environmental and social initiatives but offering limited immediate earnings impact. Pebblebrook Corporate Sustainability Report
• Negative Sentiment: GAAP results were weak: Pebblebrook reported a $54.6 million net loss, or $0.56 per share, versus the expected $0.03 per-share profit and a $32.4 million loss a year earlier. The quarter included $77.3 million of non-cash impairment charges, which helps explain the disparity between GAAP earnings and FFO. Pebblebrook Reports Third-Quarter Loss

Pebblebrook Hotel Trust Company Profile

Pebblebrook Hotel Trust NYSE: PEB is a publicly traded real estate investment trust that owns and invests in upscale, full-service hotels and resorts in the United States. The company focuses on acquiring, developing, and repositioning lodging properties in major urban and resort destinations.

Its portfolio includes hotels operating under a variety of national, regional, and independent brands. Pebblebrook generally owns the underlying real estate while hotels are operated through management agreements, providing lodging accommodations, food and beverage services, meeting and event facilities, and other guest amenities.

Founded in 2009, Pebblebrook Hotel Trust has emphasized properties in markets with strong tourism, business travel, and cultural or recreational appeal.

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