Pebblebrook Hotel Trust (NYSE:PEB) Given Average Rating of "Reduce" by Brokerages

Shares of Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) have been assigned a consensus recommendation of "Reduce" from the eight analysts that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $11.8889.

A number of research analysts have recently weighed in on the company. Truist Financial set a $9.00 price objective on Pebblebrook Hotel Trust and gave the company a "hold" rating in a research report on Monday, June 2nd. Wells Fargo & Company lifted their price objective on Pebblebrook Hotel Trust from $10.00 to $11.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 27th. Evercore ISI lifted their price objective on Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the company an "in-line" rating in a research report on Monday, July 28th. Morgan Stanley reaffirmed an "underweight" rating and set a $10.00 price objective on shares of Pebblebrook Hotel Trust in a research report on Tuesday, July 15th. Finally, Stifel Nicolaus set a $13.00 price objective on Pebblebrook Hotel Trust and gave the company a "buy" rating in a research report on Wednesday, July 30th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. T. Rowe Price Investment Management Inc. boosted its stake in Pebblebrook Hotel Trust by 1.4% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 6,807,602 shares of the real estate investment trust's stock worth $68,962,000 after purchasing an additional 94,446 shares during the period. Earnest Partners LLC boosted its stake in Pebblebrook Hotel Trust by 2.4% in the 1st quarter. Earnest Partners LLC now owns 5,056,675 shares of the real estate investment trust's stock worth $51,224,000 after purchasing an additional 120,369 shares during the period. Woodline Partners LP bought a new position in Pebblebrook Hotel Trust in the 1st quarter worth approximately $30,155,000. Charles Schwab Investment Management Inc. boosted its stake in Pebblebrook Hotel Trust by 2.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,556,288 shares of the real estate investment trust's stock worth $25,895,000 after purchasing an additional 51,537 shares during the period. Finally, Nuveen Asset Management LLC boosted its stake in Pebblebrook Hotel Trust by 82.3% in the 4th quarter. Nuveen Asset Management LLC now owns 2,345,333 shares of the real estate investment trust's stock worth $31,779,000 after purchasing an additional 1,058,664 shares during the period.

Pebblebrook Hotel Trust Stock Performance

Shares of Pebblebrook Hotel Trust stock traded up $0.03 during trading hours on Tuesday, reaching $11.47. 892,261 shares of the stock traded hands, compared to its average volume of 1,906,684. The company has a 50 day moving average price of $10.55 and a 200 day moving average price of $10.06. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of -19.77 and a beta of 1.82. Pebblebrook Hotel Trust has a one year low of $7.41 and a one year high of $15.12. 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 released its quarterly earnings results on Tuesday, July 29th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.06. The business had revenue of $407.54 million during 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 quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.69 EPS. Pebblebrook Hotel Trust has set its Q3 2025 guidance at 0.450-0.510 EPS. FY 2025 guidance at 1.470-1.590 EPS. On average, equities research analysts expect that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, June 30th. Pebblebrook Hotel Trust's dividend payout ratio is presently -6.90%.

Pebblebrook Hotel Trust Company Profile

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.