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$769.32 million
Profitability
Miscellaneous
Employees28
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 Tuesday, November 20th. Investors of record on Thursday, November 29th will be paid a dividend of $0.2478 per share on Tuesday, January 15th. This represents a $0.99 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date is Wednesday, November 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 initiated a share repurchase program 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 reacquire up to 4.4% of its shares through open market purchases. Shares buyback programs are often 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) posted its quarterly earnings results on Thursday, April, 26th. The real estate investment trust reported $0.29 earnings per share for the quarter, missing the Thomson Reuters' 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 8.18% and a net margin of 16.08%. The company's revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.54 EPS. View Pebblebrook Hotel Trust's Earnings History.
When is Pebblebrook Hotel Trust's next earnings date?
How can I listen to Pebblebrook Hotel Trust's earnings call?
Pebblebrook Hotel Trust will be holding an earnings conference call on Tuesday, February 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8777056003.
What price target have analysts set for PEB?
8 Wall Street analysts have issued 12 month price targets 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 twelve months. This suggests a possible upside of 8.3% 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. 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)
- 2. 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. " (2/6/2019)
Has Pebblebrook Hotel Trust been receiving favorable news coverage?
Headlines about PEB stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news 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 media sentiment score of -1.1 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days.
Who are some of Pebblebrook Hotel Trust's key competitors?
Some companies that are related to Pebblebrook Hotel Trust include VICI Properties (VICI), National Retail Properties (NNN), Vereit (VER), Gaming and Leisure Properties (GLPI), SL Green Realty (SLG), Lamar Advertising (LAMR), Apartment Investment and Management (AIV), Kilroy Realty (KRC), Kimco Realty (KIM), Omega Healthcare Investors (OHI), Liberty Property Trust (LPT), Store Capital (STOR), Medical Properties Trust (MPW), American Homes 4 Rent (AMH) and Douglas Emmett (DEI).
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 a number of of institutional and retail 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, Amundi Pioneer Asset Management Inc., Chicago Equity Partners LLC, Jennison Associates LLC, GW&K Investment Management LLC, Raymond James Financial Services Advisors Inc. and SG Americas Securities LLC. 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 BlackRock Inc., Northern Trust Corp, Lasalle Investment Management Securities LLC, Oregon Public Employees Retirement Fund, Dimensional Fund Advisors LP, Geode Capital Management LLC, D. E. Shaw & Co. Inc. and Bank of New York Mellon Corp. 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 $33.50.
How big of a company is Pebblebrook Hotel Trust?
Pebblebrook Hotel Trust has a market capitalization of $2.31 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.
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.
