Pebblebrook Hotel Trust (NYSE:PEB) Given "Sell (D+)" Rating at Weiss Ratings

Key Points

• Pebblebrook Hotel Trust's stock has been given a "Sell (D+)" rating by Weiss Ratings, indicating a negative outlook for the company.
• The current consensus rating for Pebblebrook Hotel Trust is "Reduce," with an average price target of $12.20.
• Pebblebrook reported a Q2 earnings per share (EPS) of $0.65, surpassing the expected $0.59, while experiencing a revenue increase of 2.6% year-over-year.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report)'s stock had its "sell (d+)" rating restated by equities researchers at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

A number of other equities research analysts also recently commented on PEB. Cantor Fitzgerald initiated coverage on Pebblebrook Hotel Trust in a research report on Wednesday, October 1st. They issued a "neutral" rating and a $12.00 target price on the stock. Stifel Nicolaus set a $14.00 target price on Pebblebrook Hotel Trust in a research report on Wednesday, September 17th. Morgan Stanley reiterated an "underweight" rating and issued a $10.00 target price on shares of Pebblebrook Hotel Trust in a research report on Tuesday, July 15th. Wells Fargo & Company upgraded Pebblebrook Hotel Trust to a "hold" rating in a research report on Friday, October 3rd. Finally, Truist Financial boosted their price objective on Pebblebrook Hotel Trust from $9.00 to $11.00 and gave the stock a "hold" rating in a research note on Thursday, September 11th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Reduce" and an average price target of $12.20.

Pebblebrook Hotel Trust Price Performance

Shares of Pebblebrook Hotel Trust stock opened at $10.78 on Wednesday. The stock's 50-day simple moving average is $10.89 and its 200-day simple moving average is $10.07. Pebblebrook Hotel Trust has a 52 week low of $7.41 and a 52 week high of $15.12. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of -18.59 and a beta of 1.85. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.82.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. The business had revenue of $407.54 million for the quarter, compared to the consensus estimate of $398.77 million. Pebblebrook Hotel Trust had a negative return on equity of 1.17% and a negative net margin of 2.20%.The business's revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.69 earnings per share. Pebblebrook Hotel Trust has set its Q3 2025 guidance at 0.450-0.510 EPS. FY 2025 guidance at 1.470-1.590 EPS. As a group, analysts expect that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.

Institutional Trading of Pebblebrook Hotel Trust

A number of hedge funds have recently bought and sold shares of the stock. Corient Private Wealth LLC boosted its position in shares of Pebblebrook Hotel Trust by 63.5% in the 2nd quarter. Corient Private Wealth LLC now owns 70,796 shares of the real estate investment trust's stock worth $707,000 after purchasing an additional 27,500 shares in the last quarter. Squarepoint Ops LLC purchased a new stake in shares of Pebblebrook Hotel Trust in the second quarter worth about $1,116,000. Cim Investment Management Inc. grew its holdings in Pebblebrook Hotel Trust by 100.7% during the second quarter. Cim Investment Management Inc. now owns 25,522 shares of the real estate investment trust's stock worth $255,000 after acquiring an additional 12,808 shares during the period. Public Sector Pension Investment Board raised its position in Pebblebrook Hotel Trust by 6.6% during the second quarter. Public Sector Pension Investment Board now owns 404,647 shares of the real estate investment trust's stock valued at $4,042,000 after acquiring an additional 25,116 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its holdings in Pebblebrook Hotel Trust by 14.2% in the second quarter. CANADA LIFE ASSURANCE Co now owns 296,022 shares of the real estate investment trust's stock valued at $2,959,000 after acquiring an additional 36,836 shares during the period.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust NYSE: PEB is a publicly traded real estate investment trust ("REIT") and the largest owner of urban and resort lifestyle hotels and resorts in the United States. The Company owns 47 hotels and resorts, totaling approximately 12,200 guest rooms across 13 urban and resort markets.

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