Pebblebrook Hotel Trust (NYSE:PEB) Receives Consensus Recommendation of "Reduce" from Brokerages

Key Points

• Pebblebrook Hotel Trust (NYSE:PEB) has received a consensus rating of "Reduce" from ten analysts, with three recommending a sell and only one a buy, indicating bearish investor sentiment.
• The stock has seen a recent price target increase from various research firms, with targets ranging from $11.00 to $14.00, although the average target is $12.20.
• Pebblebrook Hotel Trust reported $0.65 earnings per share last quarter, exceeding estimates, while also announcing a $0.01 quarterly dividend, reflecting a low annual yield of 0.4%.

Shares of Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) have earned an average rating of "Reduce" from the ten analysts that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $12.20.

Several research firms have weighed in on PEB. Wells Fargo & Company boosted their price objective on Pebblebrook Hotel Trust from $10.00 to $11.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 27th. Cantor Fitzgerald started coverage on Pebblebrook Hotel Trust in a research note on Wednesday. They set a "neutral" rating and a $12.00 target price on the stock. Stifel Nicolaus set a $14.00 price target on shares of Pebblebrook Hotel Trust in a report on Wednesday, September 17th. Evercore ISI increased their price target on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the company an "in-line" rating in a research report on Thursday, September 18th. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Pebblebrook Hotel Trust in a research report on Saturday, September 27th.

Pebblebrook Hotel Trust Trading Down 1.3%

Shares of PEB stock opened at $11.07 on Friday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 1.31. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of -19.08 and a beta of 1.85. Pebblebrook Hotel Trust has a 52-week low of $7.41 and a 52-week high of $15.12. The company has a 50-day simple moving average of $10.87 and a two-hundred day simple moving average of $10.06.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last announced its earnings results 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 firm 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 company's revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Research analysts anticipate that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a $0.01 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $0.04 annualized dividend and a yield of 0.4%. Pebblebrook Hotel Trust's dividend payout ratio is presently -6.90%.

Institutional Trading of Pebblebrook Hotel Trust

A number of large investors have recently bought and sold shares of PEB. Woodline Partners LP purchased a new position in shares of Pebblebrook Hotel Trust during the 1st quarter valued at $30,155,000. AQR Capital Management LLC raised its stake in Pebblebrook Hotel Trust by 376.8% in the 2nd quarter. AQR Capital Management LLC now owns 445,210 shares of the real estate investment trust's stock valued at $4,448,000 after acquiring an additional 351,839 shares during the period. Kettle Hill Capital Management LLC purchased a new stake in shares of Pebblebrook Hotel Trust during the first quarter worth $2,960,000. Ameriprise Financial Inc. boosted its stake in Pebblebrook Hotel Trust by 41.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 936,280 shares of the real estate investment trust's stock worth $9,354,000 after purchasing an additional 274,569 shares during the period. Finally, Allianz Asset Management GmbH boosted its position in shares of Pebblebrook Hotel Trust by 378.0% in the second quarter. Allianz Asset Management GmbH now owns 339,232 shares of the real estate investment trust's stock valued at $3,389,000 after acquiring an additional 268,261 shares during the period.

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.

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