Brokerages Set Pebblebrook Hotel Trust (NYSE:PEB) Target Price at $12.20

Shares of Pebblebrook Hotel Trust (NYSE:PEB) have earned an average recommendation of “Reduce” from the ten analysts that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $12.20.

A number of equities analysts have commented on PEB shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Pebblebrook Hotel Trust in a research report on Saturday, September 27th. Wells Fargo & Company lifted their price objective on shares of Pebblebrook Hotel Trust from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 27th. Stifel Nicolaus set a $14.00 price objective on shares of Pebblebrook Hotel Trust in a research report on Wednesday, September 17th. Cantor Fitzgerald assumed coverage on shares of Pebblebrook Hotel Trust in a research report on Wednesday, October 1st. They set a “neutral” rating and a $12.00 price objective for the company. Finally, Evercore ISI boosted their target price on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the company an “in-line” rating in a research report on Thursday, September 18th.

Pebblebrook Hotel Trust Price Performance

NYSE:PEB opened at $10.88 on Friday. Pebblebrook Hotel Trust has a 1-year low of $7.41 and a 1-year high of $15.12. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.82. The firm has a fifty day simple moving average of $10.88 and a 200 day simple moving average of $10.06. The stock has a market capitalization of $1.29 billion, a PE ratio of -18.76 and a beta of 1.85.

Pebblebrook Hotel Trust (NYSE:PEB) last released its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. Pebblebrook Hotel Trust had a negative net margin of 2.20% and a negative return on equity of 1.17%. The firm had revenue of $407.54 million during the quarter, compared to analysts’ expectations of $398.77 million. During the same period in the previous year, the business posted $0.69 earnings per share. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. Pebblebrook Hotel Trust has set its Q3 2025 guidance at 0.450-0.510 EPS. FY 2025 guidance at 1.470-1.590 EPS. On average, research analysts expect that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

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

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Institutional investors have recently modified their holdings of the business. Harbor Capital Advisors Inc. boosted its position in shares of Pebblebrook Hotel Trust by 122.1% in the second quarter. Harbor Capital Advisors Inc. now owns 2,514 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 1,382 shares during the period. CWM LLC boosted its position in shares of Pebblebrook Hotel Trust by 324.2% in the first quarter. CWM LLC now owns 3,071 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 2,347 shares during the period. Hilltop National Bank bought a new stake in shares of Pebblebrook Hotel Trust in the second quarter valued at about $44,000. PNC Financial Services Group Inc. boosted its position in shares of Pebblebrook Hotel Trust by 115.2% in the second quarter. PNC Financial Services Group Inc. now owns 4,683 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 2,507 shares during the period. Finally, AdvisorShares Investments LLC boosted its position in shares of Pebblebrook Hotel Trust by 52.4% in the second quarter. AdvisorShares Investments LLC now owns 7,621 shares of the real estate investment trust’s stock valued at $76,000 after acquiring an additional 2,621 shares during the period.

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.