Pebblebrook Hotel Trust (NYSE:PEB) Trading Up 4.6% - Here's Why

Key Points

• Pebblebrook Hotel Trust shares rose by 4.6% to close at $11.21, although trading volume decreased significantly to 530,131 shares.
• The company recently reported a quarterly earnings per share (EPS) of $0.65, surpassing the consensus expectation of $0.59, with a revenue of $407.54 million.
• Analysts' ratings on Pebblebrook Hotel Trust show one Buy, six Hold, and three Sell ratings, with an average price target of $12.10.

Shares of Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) were up 4.6% on Wednesday . The stock traded as high as $11.28 and last traded at $11.21. Approximately 530,131 shares traded hands during trading, a decline of 77% from the average daily volume of 2,320,451 shares. The stock had previously closed at $10.71.

Analyst Ratings Changes

Several analysts have weighed in on the company. Weiss Ratings reiterated a "sell (d+)" rating on shares of Pebblebrook Hotel Trust in a research note on Wednesday, October 8th. Stifel Nicolaus set a $14.00 price target on Pebblebrook Hotel Trust in a research report on Wednesday, September 17th. Evercore ISI increased their price target on Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock an "in-line" rating in a research report on Thursday, September 18th. Truist Financial increased their price target on Pebblebrook Hotel Trust from $9.00 to $11.00 and gave the stock a "hold" rating in a research report on Thursday, September 11th. Finally, Morgan Stanley set a $9.00 price target on Pebblebrook Hotel Trust in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Pebblebrook Hotel Trust currently has a consensus rating of "Reduce" and an average price target of $12.10.

Pebblebrook Hotel Trust Stock Performance

The firm has a 50-day moving average price of $11.05 and a 200 day moving average price of $10.11. The firm has a market capitalization of $1.29 billion, a PE ratio of -18.70 and a beta of 1.85. 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 EPS for the quarter, topping the consensus estimate of $0.59 by $0.06. Pebblebrook Hotel Trust had a negative return on equity of 1.17% and a negative net margin of 2.20%.The business had revenue of $407.54 million during the quarter, compared to analyst estimates of $398.77 million. During the same period last year, the business posted $0.69 earnings per share. The company's quarterly revenue 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. Research 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 announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a $0.01 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.4%. Pebblebrook Hotel Trust's dividend payout ratio (DPR) is -6.90%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PEB. 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 purchasing an additional 1,382 shares during the period. 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 purchasing an additional 2,347 shares during the period. Hilltop National Bank purchased a new position in Pebblebrook Hotel Trust in the second quarter valued at $44,000. 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 purchasing an additional 2,507 shares during the period. Finally, AdvisorShares Investments LLC boosted its holdings in Pebblebrook Hotel Trust by 52.4% in the second quarter. AdvisorShares Investments LLC now owns 7,621 shares of the real estate investment trust's stock valued at $76,000 after purchasing an additional 2,621 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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