Shares of Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $13.93 and last traded at $13.9550, with a volume of 52469 shares changing hands. The stock had previously closed at $13.77.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the stock. LADENBURG THALM/SH SH initiated coverage on shares of Pebblebrook Hotel Trust in a report on Thursday, March 26th. They set a "neutral" rating and a $14.00 target price for the company. Weiss Ratings restated a "sell (d)" rating on shares of Pebblebrook Hotel Trust in a report on Friday, March 27th. Wall Street Zen upgraded shares of Pebblebrook Hotel Trust from a "strong sell" rating to a "hold" rating in a report on Saturday, February 28th. Robert W. Baird set a $15.00 price objective on shares of Pebblebrook Hotel Trust and gave the stock an "outperform" rating in a report on Monday, January 12th. Finally, Citigroup boosted their price objective on shares of Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the stock a "neutral" rating in a report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, Pebblebrook Hotel Trust currently has a consensus rating of "Reduce" and an average price target of $12.42.
Check Out Our Latest Stock Analysis on Pebblebrook Hotel Trust
Pebblebrook Hotel Trust Stock Performance
The company has a market capitalization of $1.58 billion, a PE ratio of -15.37 and a beta of 1.43. The business's fifty day moving average is $12.58 and its two-hundred day moving average is $11.72. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.83.
Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share 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 company had revenue of $349.02 million during the quarter, compared to analyst estimates of $342.03 million. During the same period in the previous year, the business earned $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. Equities research analysts predict that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.
Pebblebrook Hotel Trust Announces Dividend
The business 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 $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, March 31st. Pebblebrook Hotel Trust's payout ratio is -4.40%.
Institutional Investors Weigh In On Pebblebrook Hotel Trust
A number of large investors have recently added to or reduced their stakes in PEB. Quadrant Capital Group LLC grew its position in Pebblebrook Hotel Trust by 32.8% in the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust's stock worth $36,000 after purchasing an additional 796 shares during the period. Cullen Frost Bankers Inc. bought a new stake in Pebblebrook Hotel Trust in the 4th quarter worth approximately $38,000. Mirae Asset Global Investments Co. Ltd. grew its position in Pebblebrook Hotel Trust by 33.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust's stock worth $39,000 after purchasing an additional 865 shares during the period. Hantz Financial Services Inc. grew its position in Pebblebrook Hotel Trust by 188.0% in the 4th quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust's stock worth $57,000 after purchasing an additional 3,296 shares during the period. Finally, Pensionfund Sabic bought a new stake in Pebblebrook Hotel Trust in the 4th quarter worth approximately $72,000.
Pebblebrook Hotel Trust Company Profile
(
Get Free Report)
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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