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 28 hotels, with a total of 6,972 guest rooms. The Company owns hotels located in 9 states and the District of Columbia, including: Los Angeles, California (Beverly Hills, Santa Monica and West Hollywood); San Diego, California; San Francisco, California; Washington, DC; Coral Gables, Florida; Naples, Florida; Buckhead, Georgia; Boston, Massachusetts; Minneapolis, Minnesota; Portland, Oregon; Philadelphia, Pennsylvania; Nashville, Tennessee; Columbia River Gorge, Washington; and Seattle, Washington. For more information, please visit us at www.pebblebrookhotels.com and follow us on Twitter at @PebblebrookPEB.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
SymbolNYSE:PEB
CUSIP70509V10
Phone240-507-1300
Debt
Debt-to-Equity Ratio0.56
Current Ratio0.63
Quick Ratio0.63
Price-To-Earnings
Trailing P/E Ratio15.41
Forward P/E Ratio14.89
P/E Growth2.91
Sales & Book Value
Annual Sales$769.32 million
Price / Sales3.55
Cash Flow$3.0793 per share
Price / Cash12.86
Book Value$21.85 per share
Price / Book1.81
Profitability
EPS (Most Recent Fiscal Year)$2.57
Net Income$99.88 million
Net Margins13.83%
Return on Equity7.04%
Return on Assets4.04%
Miscellaneous
Employees28
Outstanding Shares69,040,000
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 announced a quarterly dividend on Friday, June 15th. Investors of record on Friday, June 29th will be given a dividend of $0.38 per share on Monday, July 16th. This represents a $1.52 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date of this dividend is Thursday, June 28th. View Pebblebrook Hotel Trust's Dividend History.
How will Pebblebrook Hotel Trust's stock buyback program work?
Pebblebrook Hotel Trust declared that its board has authorized a share repurchase plan on Friday, July 28th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its shares are undervalued.
How were Pebblebrook Hotel Trust's earnings last quarter?
Pebblebrook Hotel Trust (NYSE:PEB) released its quarterly earnings results on Thursday, April, 26th. The real estate investment trust reported $0.29 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.64 by $0.35. The real estate investment trust earned $181.10 million during the quarter, compared to analysts' expectations of $179.30 million. Pebblebrook Hotel Trust had a return on equity of 7.04% and a net margin of 13.83%. The firm's quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.54 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 FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $2.56-2.69 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.65. Pebblebrook Hotel Trust also updated its Q2 guidance to $0.69-0.72 EPS.
What price target have analysts set for PEB?
9 Wall Street analysts have issued 12 month target prices for Pebblebrook Hotel Trust's stock. Their forecasts range from $26.00 to $40.00. On average, they anticipate Pebblebrook Hotel Trust's stock price to reach $36.1875 in the next twelve months. 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. " (6/13/2018)
- 2. Boenning Scattergood analysts commented, "We have updated our earnings and NAV estimate to reflect the company’s improved outlook, yet remain more cautious than management’s own calculation. However, we believe PEB could see the highest earnings ramp in the sector in 2019 if the economic cycle holds up." (7/31/2017)
Who are some of Pebblebrook Hotel Trust's key competitors?
Some companies that are related to Pebblebrook Hotel Trust include Duke Realty (DRE), Regency Centers (REG), UDR (UDR), Iron Mountain (IRM), SL Green Realty (SLG), Federal Realty Investment Trust (FRT), Camden Property Trust (CPT), AGNC Investment (AGNC), Equity Lifestyle Properties (ELS), Macerich (MAC), Sun Communities (SUI), VICI Properties (VICI), Kilroy Realty (KRC), Gaming and Leisure Properties (GLPI) and WP Carey (WPC).
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 62)
- Mr. Raymond D. Martz, Exec. VP, CFO, Treasurer & Sec. (Age 48)
- Mr. Thomas Charles Fisher, Exec. VP & Chief Investment Officer (Age 47)
- Mr. Gabby Gordon, Director of Fin.
- Mr. Andrew H. Dittamo, VP & Controller (Age 44)
Has Pebblebrook Hotel Trust been receiving favorable news coverage?
Media headlines about PEB stock have trended somewhat negative on Thursday, Accern reports. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pebblebrook Hotel Trust earned a media sentiment score of 0.00 on Accern's scale. They also gave news coverage about the real estate investment trust an impact score of 45.49 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Pebblebrook Hotel Trust's major shareholders?
Pebblebrook Hotel Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.32%), Silvercrest Asset Management Group LLC (7.15%), JPMorgan Chase & Co. (4.82%), Principal Financial Group Inc. (2.64%), Principal Financial Group Inc. (2.64%) and Northern Trust Corp (2.40%). Company insiders that own Pebblebrook Hotel Trust stock include Jon E Bortz, Raymond D Martz, Ron E Jackson and Thomas Charles Fisher. View Institutional Ownership Trends for Pebblebrook Hotel Trust.
Which institutional investors are selling Pebblebrook Hotel Trust stock?
PEB stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Principal Financial Group Inc., Principal Financial Group Inc., Heitman Real Estate Securities LLC, Thrivent Financial for Lutherans, Westpac Banking Corp, BlackRock Inc. and Guggenheim Capital LLC. View Insider Buying and Selling for Pebblebrook Hotel Trust.
Which institutional 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., Matarin Capital Management LLC, Lord Abbett & CO. LLC, Point72 Asset Management L.P., Honeywell International Inc., Old Mutual Global Investors UK Ltd., Schwab Charles Investment Management Inc. and State of New Jersey Common Pension Fund D. 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 $39.60.
How big of a company is Pebblebrook Hotel Trust?
Pebblebrook Hotel Trust has a market capitalization of $2.67 billion and generates $769.32 million in revenue each year. The real estate investment trust earns $99.88 million in net income (profit) each year or $2.57 on an earnings per share basis. Pebblebrook Hotel Trust employs 28 workers across the globe.
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 (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.
