Pebblebrook Hotel Trust (NYSE:PEB) Releases Quarterly Earnings Results, Beats Expectations By $0.09 EPS

Key Points

• Pebblebrook beat expectations: reported a narrower-than-expected loss of ($0.26) EPS versus consensus ($0.35), generated $345.66M revenue (up 7.9% YoY), and raised Q2 2026 guidance to 0.580–0.620 EPS.
• Profitability remains a concern despite the beat, with a net margin of -5.18%, negative return on equity, a negative P/E, and a market cap of roughly $1.6B (12‑month range $8.69–$14.33).
• The company paid a small quarterly dividend of $0.01 (annualized $0.04, ~0.3% yield) and faces mixed analyst sentiment—consensus rating is "Hold" with a $12.58 target amid recent upgrades and sell calls.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) announced its earnings results on Tuesday. The real estate investment trust reported ($0.26) EPS for the quarter, topping analysts' consensus estimates of ($0.35) by $0.09, FiscalAI reports. The company had revenue of $345.66 million for the quarter, compared to analysts' expectations of $323.26 million. Pebblebrook Hotel Trust had a negative return on equity of 2.88% and a negative net margin of 5.18%.Pebblebrook Hotel Trust's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period last year, the firm earned $0.16 EPS. Pebblebrook Hotel Trust updated its Q2 2026 guidance to 0.580-0.620 EPS.

Pebblebrook Hotel Trust Price Performance

NYSE:PEB opened at $14.11 on Wednesday. The business's 50-day moving average is $12.93 and its 200 day moving average is $11.95. Pebblebrook Hotel Trust has a 12 month low of $8.69 and a 12 month high of $14.33. The company has a market capitalization of $1.60 billion, a P/E ratio of -15.50 and a beta of 1.43. 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Tuesday, March 31st. Pebblebrook Hotel Trust's payout ratio is currently -4.40%.

Analysts Set New Price Targets

A number of brokerages have commented on PEB. Stifel Nicolaus upped their price target on Pebblebrook Hotel Trust from $14.25 to $14.50 and gave the stock a "buy" rating in a research report on Thursday, April 2nd. Citigroup boosted their price objective on Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the company a "neutral" rating in a research note on Wednesday, January 14th. Weiss Ratings reissued a "sell (d)" rating on shares of Pebblebrook Hotel Trust in a report on Friday, March 27th. Zacks Research raised shares of Pebblebrook Hotel Trust from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 15th. Finally, Evercore set a $15.00 price target on shares of Pebblebrook Hotel Trust in a research report on Monday. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, six have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, Pebblebrook Hotel Trust presently has an average rating of "Hold" and a consensus target price of $12.58.

Institutional Trading of Pebblebrook Hotel Trust

A number of large investors have recently added to or reduced their stakes in PEB. AQR Capital Management LLC boosted its position in shares of Pebblebrook Hotel Trust by 174.6% during the 1st quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust's stock valued at $941,000 after acquiring an additional 59,367 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Pebblebrook Hotel Trust by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust's stock worth $719,000 after purchasing an additional 3,075 shares during the last quarter. Caxton Associates LLP bought a new stake in Pebblebrook Hotel Trust in the first quarter worth $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Pebblebrook Hotel Trust by 8.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 659,945 shares of the real estate investment trust's stock valued at $6,685,000 after purchasing an additional 48,640 shares in the last quarter. Finally, Creative Planning purchased a new stake in Pebblebrook Hotel Trust during the second quarter valued at $176,000.

About Pebblebrook Hotel Trust

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.