Pebblebrook Hotel Trust (NYSE:PEB) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Analysts have a consensus “Hold” rating on Pebblebrook Hotel Trust, with seven holds, three sells, three buys and one strong buy among 14 analysts. The average 12-month price target is $17.37.
• Pebblebrook reported quarterly EPS of $0.68, exceeding the $0.12 analyst consensus, while revenue of $407.14 million also topped estimates. However, revenue declined slightly year over year and the company posted a negative net margin.
• The REIT declared a quarterly dividend of $0.01 per share, equivalent to $0.04 annually and a 0.2% yield. Shares recently opened at $18.11, near their 52-week high of $19.93.

Shares of Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) have been given a consensus recommendation of "Hold" by the fourteen analysts that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $17.3654.

Several equities research analysts recently commented on PEB shares. Stifel Nicolaus boosted their price target on Pebblebrook Hotel Trust from $20.25 to $21.25 and gave the company a "buy" rating in a research note on Thursday, July 30th. Cantor Fitzgerald raised their price objective on shares of Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the company a "neutral" rating in a research report on Tuesday, August 11th. Zacks Research cut shares of Pebblebrook Hotel Trust from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 25th. Wells Fargo & Company boosted their target price on shares of Pebblebrook Hotel Trust from $16.00 to $19.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 23rd. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $17.00 target price on shares of Pebblebrook Hotel Trust in a research report on Friday, June 12th.

Pebblebrook Hotel Trust Price Performance

Shares of NYSE:PEB opened at $18.11 on Friday. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of -26.24, a P/E/G ratio of 1.23 and a beta of 1.40. Pebblebrook Hotel Trust has a 1 year low of $9.99 and a 1 year high of $19.93. The company has a current ratio of 1.34, a quick 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 200 day simple moving average of $16.22.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The firm had revenue of $407.14 million for the quarter, compared to the consensus estimate of $400.05 million. During the same quarter in the previous year, the company posted $0.65 earnings per share. The business's quarterly revenue was down .1% compared to the same quarter last year. 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. As a group, sell-side analysts predict that Pebblebrook Hotel Trust will post 1.7 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a $0.01 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. Pebblebrook Hotel Trust's payout ratio is currently -5.80%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Nykredit A S acquired a new stake in Pebblebrook Hotel Trust in the 2nd quarter worth approximately $51,000. Whittier Trust Co. of Nevada Inc. acquired a new position in Pebblebrook Hotel Trust during the first quarter valued at approximately $34,000. Cullen Frost Bankers Inc. bought a new position in shares of Pebblebrook Hotel Trust in the fourth quarter valued at approximately $38,000. Group One Trading LLC bought a new position in shares of Pebblebrook Hotel Trust in the second quarter valued at approximately $86,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of Pebblebrook Hotel Trust by 188.0% in the fourth quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust's stock worth $57,000 after buying an additional 3,296 shares during 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.

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