Pebblebrook Hotel Trust is a publicly traded real estate investment trust (REIT) organized to opportunistically acquire and invest primarily in upper upscale, full-service hotels located in urban markets in major gateway cities. The Company owns 61 hotels, totaling approximately 14,600 guest rooms, located in 10 states and the District of Columbia, including: Del Mar, California; Los Angeles, California (Beverly Hills, Santa Monica and West Hollywood); San Diego, California; San Francisco, California; Santa Cruz, California; Washington, DC; Coral Gables, Florida; Key West, Florida; Naples, Florida; Buckhead, Georgia; Chicago, Illinois; Boston, Massachusetts; New York, New York; Portland, Oregon; Philadelphia, Pennsylvania; Nashville, Tennessee; Columbia River Gorge, Washington; and Seattle, Washington.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone240-507-1300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$828.68 million
Profitability
Miscellaneous
Employees50
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable
Pebblebrook Hotel Trust (NYSE:PEB) Frequently Asked Questions
What is Pebblebrook Hotel Trust's stock symbol?
Pebblebrook Hotel Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PEB."
How often does Pebblebrook Hotel Trust pay dividends? What is the dividend yield for Pebblebrook Hotel Trust?
Pebblebrook Hotel Trust declared a quarterly dividend on Friday, March 15th. Shareholders of record on Friday, March 29th will be given a dividend of $0.38 per share on Monday, April 15th. This represents a $1.52 annualized dividend and a yield of 5.15%. The ex-dividend date of this dividend is Thursday, March 28th. This is an increase from Pebblebrook Hotel Trust's previous quarterly dividend of $0.25. View Pebblebrook Hotel Trust's Dividend History.
How will Pebblebrook Hotel Trust's stock buyback program work?
Pebblebrook Hotel Trust announced that its Board of Directors has authorized a stock repurchase program on Friday, July 28th 2017, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 4.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.
How were Pebblebrook Hotel Trust's earnings last quarter?
Pebblebrook Hotel Trust (NYSE:PEB) posted its quarterly earnings results on Thursday, April, 25th. The real estate investment trust reported $0.46 EPS for the quarter, beating the consensus estimate of $0.40 by $0.06. The real estate investment trust had revenue of $267.20 million for the quarter, compared to analysts' expectations of $358.66 million. Pebblebrook Hotel Trust had a negative net margin of 0.53% and a negative return on equity of 0.20%. Pebblebrook Hotel Trust's quarterly revenue was up 47.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.67 earnings per share. View Pebblebrook Hotel Trust's Earnings History.
When is Pebblebrook Hotel Trust's next earnings date?
What guidance has Pebblebrook Hotel Trust issued on next quarter's earnings?
Pebblebrook Hotel Trust updated its FY19 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of $2.60-2.67 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.64. Pebblebrook Hotel Trust also updated its Q2 guidance to $0.80-0.82 EPS.
What price target have analysts set for PEB?
9 analysts have issued 12-month price targets for Pebblebrook Hotel Trust's shares. Their predictions range from $26.00 to $43.00. On average, they expect Pebblebrook Hotel Trust's share price to reach $36.5556 in the next year. This suggests a possible upside of 23.9% from the stock's current price. View Analyst Price Targets for Pebblebrook Hotel Trust.
What is the consensus analysts' recommendation for Pebblebrook Hotel Trust?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pebblebrook Hotel Trust in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pebblebrook Hotel Trust.
What are Wall Street analysts saying about Pebblebrook Hotel Trust stock?
Here are some recent quotes from research analysts about Pebblebrook Hotel Trust stock:
- 1. According to Zacks Investment Research, "Pebblebrook Hotel Trust is an internally managed hotel investment company organized to acquire and invest in hotel properties located primarily in large United States cities with an emphasis on the major coastal markets. The Company may invest in resort properties located near its primary urban target markets, as well as in select destination markets. Pebblebrook Hotel Trust focuses on hotel properties in the lodging industry. In addition, the Company may seek to acquire service properties in its primary urban target markets. " (3/26/2019)
- 2. Barclays PLC analysts commented, "We expect PEB shares to benefit as the company delevers the balance sheet and improves the growth profile of the portfolio through asset sales activity this year. PEB announced the sale of the 343-room Liaison Capital Hill hotel in Washington D.C. for $111mn, or 16.9x 2018 EBITDA and a 4.9% 2018 cap rate. The sale price equates to 324,000 per key. PEB acquired the hotel in the LaSalle transaction last year. In 2001, LaSalle purchased the property (then called Holiday for $44mn. We believe the sale is a positive indicator for the value of Washington D.C. hotel real estate. The Washington D.C. market has faced softer growth due to an ongoing decline of lobbying activity and high supply growth. In addition, the market faces a weaker convention calendar in 2019. These challenges have been partially offset by higher leisure demand." (2/19/2019)
Has Pebblebrook Hotel Trust been receiving favorable news coverage?
Media headlines about PEB stock have been trending somewhat negative on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pebblebrook Hotel Trust earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.
Who are some of Pebblebrook Hotel Trust's key competitors?
Some companies that are related to Pebblebrook Hotel Trust include HCP (HCP), Host Hotels and Resorts (HST), WP Carey (WPC), Extra Space Storage (EXR), ANNALY CAP MGMT/SH (NLY), Mid-America Apartment Communities (MAA), Vornado Realty Trust (VNO), UDR (UDR), SINO LD LTD/S (SNLAY), Klepierre (KLPEF), Regency Centers (REG), Gecina (GECFF), Duke Realty (DRE), Sun Communities (SUI) and Equity Lifestyle Properties (ELS).
What other stocks do shareholders of Pebblebrook Hotel Trust own?
Who are Pebblebrook Hotel Trust's key executives?
Pebblebrook Hotel Trust's management team includes the folowing people:
- Mr. Jon E. Bortz CPA, Chairman, Pres & CEO (Age 63)
- Mr. Raymond D. Martz, Exec. VP, CFO, Treasurer & Sec. (Age 49)
- Mr. Thomas Charles Fisher, Exec. VP & Chief Investment Officer (Age 48)
- Ms. Gabrielle Gordon, Director of Fin.
- Mr. Andrew H. Dittamo, VP & Controller (Age 45)
Who are Pebblebrook Hotel Trust's major shareholders?
Pebblebrook Hotel Trust's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.43%), Daiwa Securities Group Inc. (4.77%), Northern Trust Corp (3.43%), JPMorgan Chase & Co. (3.26%), Goldman Sachs Group Inc. (3.15%) and Dimensional Fund Advisors LP (1.82%). View Institutional Ownership Trends for Pebblebrook Hotel Trust.
Which major investors are selling Pebblebrook Hotel Trust stock?
PEB stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Centersquare Investment Management LLC, Centersquare Investment Management LLC, FMR LLC, Man Group plc, Morgan Stanley, Northern Trust Corp and Goldman Sachs Group Inc.. View Insider Buying and Selling for Pebblebrook Hotel Trust.
Which major investors are buying Pebblebrook Hotel Trust stock?
PEB stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Zimmer Partners LP, Daiwa Securities Group Inc., Cbre Clarion Securities LLC, Heitman Real Estate Securities LLC, Geode Capital Management LLC, Macquarie Group Ltd. and Nordea Investment Management AB. View Insider Buying and Selling for Pebblebrook Hotel Trust.
How do I buy shares of Pebblebrook Hotel Trust?
Shares of PEB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Pebblebrook Hotel Trust's stock price today?
One share of PEB stock can currently be purchased for approximately $29.50.
How big of a company is Pebblebrook Hotel Trust?
Pebblebrook Hotel Trust has a market capitalization of $3.85 billion and generates $828.68 million in revenue each year. The real estate investment trust earns $13.39 million in net income (profit) each year or $2.45 on an earnings per share basis. Pebblebrook Hotel Trust employs 50 workers across the globe.
What is Pebblebrook Hotel Trust's official website?
How can I contact Pebblebrook Hotel Trust?
Pebblebrook Hotel Trust's mailing address is 7315 WISCONSIN AVE SUITE 1100 WEST, BETHESDA MD, 20814. The real estate investment trust can be reached via phone at 240-507-1300.
MarketBeat Community Rating for Pebblebrook Hotel Trust (NYSE PEB)
MarketBeat's community ratings are surveys of what our community members think about Pebblebrook Hotel Trust and other stocks. Vote "Outperform" if you believe PEB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PEB will underperform the S&P 500 over the long term. You may vote once every thirty days.
