Pebblebrook Hotel Trust (NYSE:PEB) Research Coverage Started at Cantor Fitzgerald

Cantor Fitzgerald started coverage on shares of Pebblebrook Hotel Trust (NYSE:PEB) in a research note released on Wednesday morning, MarketBeat reports. The firm issued a neutral rating and a $12.00 price objective on the real estate investment trust’s stock.

Several other equities analysts have also weighed in on PEB. Morgan Stanley reaffirmed an “underweight” rating and issued a $10.00 price objective on shares of Pebblebrook Hotel Trust in a research note on Tuesday, July 15th. Evercore ISI raised their target price on Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the company an “in-line” rating in a report on Thursday, September 18th. Stifel Nicolaus set a $14.00 target price on shares of Pebblebrook Hotel Trust in a research note on Wednesday, September 17th. Truist Financial lifted their price target on shares of Pebblebrook Hotel Trust from $9.00 to $11.00 and gave the stock a “hold” rating in a research note on Thursday, September 11th. Finally, Robert W. Baird upped their price objective on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Thursday, September 18th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $12.20.

Pebblebrook Hotel Trust Stock Down 1.3%

PEB stock opened at $11.07 on Wednesday. The stock has a market capitalization of $1.31 billion, a P/E ratio of -19.08 and a beta of 1.85. 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 has a one year low of $7.41 and a one year high of $15.12. The company has a 50 day moving average price of $10.87 and a two-hundred day moving average price of $10.06.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The business had revenue of $407.54 million during the quarter, compared to the consensus estimate of $398.77 million. Pebblebrook Hotel Trust had a negative return on equity of 1.17% and a negative net margin of 2.20%.The business’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $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, sell-side analysts expect that Pebblebrook Hotel Trust will post 1.5 EPS for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Tuesday, September 30th. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is presently -6.90%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PEB. GAMMA Investing LLC raised its holdings in shares of Pebblebrook Hotel Trust by 948.3% during the first quarter. GAMMA Investing LLC now owns 17,413 shares of the real estate investment trust’s stock valued at $1,719,000 after buying an additional 15,752 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Pebblebrook Hotel Trust in the 1st quarter valued at approximately $510,000. Perfromance Wealth Partners LLC increased its position in Pebblebrook Hotel Trust by 17.8% in the 1st quarter. Perfromance Wealth Partners LLC now owns 50,756 shares of the real estate investment trust’s stock valued at $514,000 after acquiring an additional 7,674 shares during the period. Illinois Municipal Retirement Fund raised its stake in Pebblebrook Hotel Trust by 10.4% during the 1st quarter. Illinois Municipal Retirement Fund now owns 67,256 shares of the real estate investment trust’s stock valued at $681,000 after acquiring an additional 6,329 shares in the last quarter. Finally, Teacher Retirement System of Texas bought a new stake in Pebblebrook Hotel Trust during the 1st quarter valued at $177,000.

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.