Pebblebrook Hotel Trust to Issue Quarterly Dividend of $0.01 (NYSE:PEB)

Key Points

• Pebblebrook Hotel Trust declared a quarterly dividend of $0.01 per share, payable October 15 to shareholders of record on September 30. The dividend implies $0.04 annually and a yield of approximately 0.2%.
• The company’s current dividend payout ratio is negative 9.1%, indicating earnings do not currently cover the dividend; however, analysts expect a future payout ratio of about 2.4% based on projected earnings.
• Shares traded at $18.16, with the stock near its 52-week high of $19.93. In its latest quarterly report, Pebblebrook beat EPS and revenue expectations, reporting $0.68 EPS and $407.14 million in revenue.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) declared a quarterly dividend on Tuesday, September 15th. Investors of record on Wednesday, September 30th will be given a dividend of 0.01 per share by the real estate investment trust on Thursday, October 15th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date is Wednesday, September 30th.

Pebblebrook Hotel Trust has a dividend payout ratio of -9.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Pebblebrook Hotel Trust to earn $1.65 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 2.4%.

Pebblebrook Hotel Trust Stock Performance

NYSE PEB traded up $0.21 on Tuesday, hitting $18.16. 1,819,362 shares of the stock traded hands, compared to its average volume of 2,389,263. The business's fifty day moving average is $18.47 and its two-hundred day moving average is $16.09. Pebblebrook Hotel Trust has a 12 month low of $9.99 and a 12 month high of $19.93. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of -26.32, a PEG ratio of 1.22 and a beta of 1.40. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.34 and a current ratio of 1.34.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last issued its quarterly 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 analysts' expectations of $400.05 million. During the same quarter in the prior year, the firm earned $0.65 EPS. The business's revenue for the quarter 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, equities analysts anticipate that Pebblebrook Hotel Trust will post 1.7 EPS for the current fiscal year.

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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