Pebblebrook Hotel Trust (NYSE:PEB) Sees Unusually-High Trading Volume - Should You Buy?

Key Points

• Pebblebrook Hotel Trust (NYSE: PEB) experienced a significant trading volume surge, with 16,642,245 shares traded, representing a 619% increase from the previous session.
• Several analysts have set target prices for PEB shares, with estimates ranging from $10.00 to $13.00, while the stock currently has an average target price of $12.11.
• The company recently declared a quarterly dividend of $0.01 per share, reflecting an annualized yield of 0.3%, with a dividend payout ratio of -6.90%.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 16,642,245 shares traded hands during trading, an increase of 619% from the previous session's volume of 2,313,283 shares.The stock last traded at $11.87 and had previously closed at $11.56.

Wall Street Analyst Weigh In

Several equities research analysts have commented on PEB shares. Morgan Stanley reaffirmed an "underweight" rating and issued a $10.00 price target on shares of Pebblebrook Hotel Trust in a report on Tuesday, July 15th. Truist Financial upped their price objective on shares of Pebblebrook Hotel Trust from $9.00 to $11.00 and gave the stock a "hold" rating in a research report on Thursday, September 11th. Robert W. Baird upped their price objective on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock a "neutral" rating in a research report on Thursday. Wells Fargo & Company upped their price objective on shares of 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. Finally, Evercore ISI upped their price objective on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock an "in-line" rating in a research report on Thursday. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Pebblebrook Hotel Trust has an average rating of "Reduce" and an average target price of $12.22.

Pebblebrook Hotel Trust Trading Down 2.0%

The firm has a market capitalization of $1.42 billion, a PE ratio of -20.62 and a beta of 1.82. The company's 50-day moving average price is $10.71 and its 200-day moving average price is $10.04. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 1.31.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. Pebblebrook Hotel Trust had a negative net margin of 2.20% and a negative return on equity of 1.17%. The business had revenue of $407.54 million during the quarter, compared to analysts' expectations of $398.77 million. During the same period in the previous year, the company earned $0.69 EPS. The company's revenue for the quarter was up 2.6% on a year-over-year basis. 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, sell-side analysts expect that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.

Pebblebrook Hotel Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.3%. The ex-dividend date is Tuesday, September 30th. Pebblebrook Hotel Trust's dividend payout ratio (DPR) is currently -6.90%.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Woodline Partners LP acquired a new position in Pebblebrook Hotel Trust in the first quarter valued at $30,155,000. Jefferies Financial Group Inc. acquired a new position in Pebblebrook Hotel Trust in the fourth quarter valued at $8,993,000. AQR Capital Management LLC increased its stake in Pebblebrook Hotel Trust by 376.8% in the second quarter. AQR Capital Management LLC now owns 445,210 shares of the real estate investment trust's stock valued at $4,448,000 after purchasing an additional 351,839 shares during the period. Kettle Hill Capital Management LLC acquired a new position in Pebblebrook Hotel Trust in the first quarter valued at $2,960,000. Finally, Ameriprise Financial Inc. increased its stake in Pebblebrook Hotel Trust by 41.5% in the second quarter. Ameriprise Financial Inc. now owns 936,280 shares of the real estate investment trust's stock valued at $9,354,000 after purchasing an additional 274,569 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.