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 64 hotels, totaling approximately 15,400 guest rooms, located in 11 states and the District of Columbia, in the following markets: 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; Minneapolis, Minnesota; 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
EmployeesN/A
Next Earnings Date4/25/2019 (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 announced a quarterly dividend on Friday, March 15th. Investors of record on Friday, March 29th will be paid a dividend of $0.38 per share on Monday, April 15th. This represents a $1.52 annualized dividend and a dividend yield of 4.72%. The ex-dividend date 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 has initiated 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 reacquire up to 4.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its stock is undervalued.
How were Pebblebrook Hotel Trust's earnings last quarter?
Pebblebrook Hotel Trust (NYSE:PEB) issued its quarterly earnings data on Monday, February, 25th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.10 by $0.23. The real estate investment trust earned $235.64 million during the quarter, compared to analyst estimates of $207.53 million. Pebblebrook Hotel Trust had a return on equity of 0.64% and a net margin of 1.62%. Pebblebrook Hotel Trust's revenue was up 31.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.11 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 first quarter 2019 earnings guidance on Monday, February, 25th. The company provided EPS guidance of $0.38-0.41 for the period. Pebblebrook Hotel Trust also updated its FY 2019 guidance to $2.59-2.67 EPS.
What price target have analysts set for PEB?
8 equities research analysts have issued 12 month price objectives for Pebblebrook Hotel Trust's stock. Their forecasts range from $26.00 to $40.00. On average, they anticipate Pebblebrook Hotel Trust's share price to reach $36.2857 in the next year. This suggests a possible upside of 12.7% from the stock's current price. View Analyst Price Targets for Pebblebrook Hotel Trust.
What is the consensus analysts' recommendation for Pebblebrook Hotel Trust?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pebblebrook Hotel Trust in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (3/19/2019)
- 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?
News articles about PEB stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pebblebrook Hotel Trust earned a coverage optimism score of 1.0 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock'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 Alexandria Real Estate Equities (ARE), HCP (HCP), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST), WP Carey (WPC), Vornado Realty Trust (VNO), Extra Space Storage (EXR), UDR (UDR), Mid-America Apartment Communities (MAA), SINO LD LTD/S (SNLAY), Klepierre (KLPEF), Regency Centers (REG), Duke Realty (DRE), Gecina (GECFF) 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 shareholders include BlackRock Inc. (28.00%), Cohen & Steers Inc. (15.83%), Daiwa Securities Group Inc. (7.09%), Northern Trust Corp (6.66%), Dimensional Fund Advisors LP (3.48%) and Lasalle Investment Management Securities LLC (2.88%). Company insiders that own Pebblebrook Hotel Trust stock include Cydney Donnell, Jon E Bortz, Raymond D Martz and Thomas Charles Fisher. 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 Millennium Management LLC, Lord Abbett & CO. LLC, American Century Companies Inc., Amundi Pioneer Asset Management Inc., Chicago Equity Partners LLC, Jennison Associates LLC, GW&K Investment Management LLC and Raymond James Financial Services Advisors Inc.. View Insider Buying and Selling for Pebblebrook Hotel Trust.
Which major investors are buying Pebblebrook Hotel Trust stock?
PEB stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Northern Trust Corp, Lasalle Investment Management Securities LLC, Oregon Public Employees Retirement Fund, Norges Bank, Dimensional Fund Advisors LP, FMR LLC and Geode Capital Management LLC. 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 $32.20.
How big of a company is Pebblebrook Hotel Trust?
Pebblebrook Hotel Trust has a market capitalization of $4.20 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.
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.
