Pebblebrook Hotel Trust (NYSE:PEB) Coverage Initiated by Analysts at Cantor Fitzgerald

Key Points

• Pebblebrook Hotel Trust (NYSE:PEB) was upgraded to a "hold" rating by Cantor Fitzgerald, with recent price targets ranging from $10.00 to $14.00 issued by various analysts.
• The company reported a profit of $0.65 earnings per share for the last quarter, surpassing expectations by $0.06, and has projected future earnings for Q3 2025 at $0.450-0.510 EPS.
• Pebblebrook Hotel Trust currently has a market capitalization of $1.33 billion and has a consensus rating of "Reduce" from analysts, despite showing a 2.6% year-over-year revenue increase for the latest quarter.

Cantor Fitzgerald assumed coverage on shares of Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) in a research note issued on Wednesday, Marketbeat.com reports. The firm set a "neutral" rating and a $12.00 price target on the real estate investment trust's stock. Cantor Fitzgerald's target price would indicate a potential upside of 6.71% from the stock's previous close.

PEB has been the topic of a number of other reports. Wells Fargo & Company increased their price objective on shares of Pebblebrook Hotel Trust from $10.00 to $11.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 27th. Evercore ISI increased their price objective on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the company an "in-line" rating in a research note on Thursday, September 18th. Stifel Nicolaus set a $14.00 price objective on shares of Pebblebrook Hotel Trust in a research note on Wednesday, September 17th. Truist Financial increased their price objective on shares of Pebblebrook Hotel Trust from $9.00 to $11.00 and gave the company a "hold" rating in a research note on Thursday, September 11th. Finally, Morgan Stanley reiterated an "underweight" rating and set a $10.00 price objective on shares of Pebblebrook Hotel Trust in a research note on Tuesday, July 15th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus price target of $12.20.

Pebblebrook Hotel Trust Stock Performance

Shares of NYSE:PEB opened at $11.25 on Wednesday. The firm has a market cap of $1.33 billion, a PE ratio of -19.39 and a beta of 1.85. The firm's 50 day simple moving average is $10.85 and its 200-day simple moving average is $10.06. Pebblebrook Hotel Trust has a one year low of $7.41 and a one year high of $15.12. 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 issued its earnings results on Tuesday, July 29th. The real estate investment trust reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.06. The business had revenue of $407.54 million for the quarter, compared to analyst estimates of $398.77 million. Pebblebrook Hotel Trust had a negative net margin of 2.20% and a negative return on equity of 1.17%. The company's quarterly revenue was up 2.6% compared to the same quarter last year. During the same period last year, the company posted $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. As a group, equities analysts predict that Pebblebrook Hotel Trust will post 1.5 EPS for the current year.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Several institutional investors have recently bought and sold shares of PEB. Harbor Capital Advisors Inc. increased its stake in Pebblebrook Hotel Trust by 122.1% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 2,514 shares of the real estate investment trust's stock worth $25,000 after buying an additional 1,382 shares during the period. Police & Firemen s Retirement System of New Jersey increased its stake in Pebblebrook Hotel Trust by 5.8% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 27,187 shares of the real estate investment trust's stock worth $272,000 after buying an additional 1,500 shares during the period. Aberdeen Group plc increased its stake in Pebblebrook Hotel Trust by 4.3% during the 1st quarter. Aberdeen Group plc now owns 37,230 shares of the real estate investment trust's stock worth $377,000 after buying an additional 1,534 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in Pebblebrook Hotel Trust by 1.0% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 168,200 shares of the real estate investment trust's stock worth $1,680,000 after buying an additional 1,600 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Pebblebrook Hotel Trust by 2.7% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 69,089 shares of the real estate investment trust's stock worth $690,000 after buying an additional 1,828 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.