Analysts Set Pebblebrook Hotel Trust (NYSE:PEB) Price Target at $11.89

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) has been given a consensus rating of "Reduce" by the eight analysts that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $12.1111.

PEB has been the topic of a number of research reports. Evercore ISI upped their target price on shares of 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. Wells Fargo & Company raised their price target on Pebblebrook Hotel Trust from $10.00 to $11.00 and gave the company an "equal weight" rating in a report on Wednesday, August 27th. Morgan Stanley reissued an "underweight" rating and set a $10.00 target price on shares of Pebblebrook Hotel Trust in a report on Tuesday, July 15th. Stifel Nicolaus set a $13.00 target price on Pebblebrook Hotel Trust and gave the stock a "buy" rating in a report on Wednesday, July 30th. Finally, Truist Financial lifted their target price on Pebblebrook Hotel Trust from $9.00 to $11.00 and gave the stock a "hold" rating in a report on Thursday.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PEB. GF Fund Management CO. LTD. acquired a new position in Pebblebrook Hotel Trust during the fourth quarter worth about $30,000. Harbor Capital Advisors Inc. boosted its holdings in Pebblebrook Hotel Trust by 122.1% in the second quarter. Harbor Capital Advisors Inc. now owns 2,514 shares of the real estate investment trust's stock valued at $25,000 after acquiring an additional 1,382 shares during the last quarter. CWM LLC boosted its holdings in Pebblebrook Hotel Trust by 324.2% in the first quarter. CWM LLC now owns 3,071 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 2,347 shares during the last quarter. Hilltop National Bank bought a new stake in Pebblebrook Hotel Trust in the second quarter valued at approximately $44,000. Finally, PNC Financial Services Group Inc. boosted its holdings in Pebblebrook Hotel Trust by 115.2% in the second quarter. PNC Financial Services Group Inc. now owns 4,683 shares of the real estate investment trust's stock valued at $47,000 after acquiring an additional 2,507 shares during the last quarter.

Pebblebrook Hotel Trust Stock Down 1.1%

PEB stock traded down $0.13 during trading hours on Tuesday, hitting $11.68. The company's stock had a trading volume of 1,211,926 shares, compared to its average volume of 1,906,543. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $1.38 billion, a PE ratio of -20.14 and a beta of 1.82. Pebblebrook Hotel Trust has a 12 month low of $7.41 and a 12 month high of $15.12. The stock has a 50 day moving average price of $10.60 and a two-hundred day moving average price of $10.05.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.59 by $0.06. The business had revenue of $407.54 million during the quarter, compared to analysts' expectations of $398.77 million. Pebblebrook Hotel Trust had a negative net margin of 2.20% and a negative return on equity of 1.17%. Pebblebrook Hotel Trust's revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the previous year, the company 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. On average, equities research analysts expect that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid 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 was Monday, June 30th. Pebblebrook Hotel Trust's payout ratio is -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.