Pebblebrook Hotel Trust (NYSE:PEB) Receives Average Recommendation of “Reduce” from Analysts

Shares of Pebblebrook Hotel Trust (NYSE:PEB) have received an average rating of “Reduce” from the twelve ratings firms that are presently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $11.7273.

A number of research analysts recently issued reports on the company. Cantor Fitzgerald started coverage on Pebblebrook Hotel Trust in a report on Wednesday, October 1st. They issued a “neutral” rating and a $12.00 target price for the company. Stifel Nicolaus set a $13.50 price objective on Pebblebrook Hotel Trust in a research note on Thursday, November 6th. Robert W. Baird upped their target price on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Thursday, September 18th. Weiss Ratings reiterated a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a research note on Monday, December 29th. Finally, Compass Point cut shares of Pebblebrook Hotel Trust from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $12.00 to $11.50 in a report on Monday, November 10th.

Institutional Trading of Pebblebrook Hotel Trust

Institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC increased its holdings in shares of Pebblebrook Hotel Trust by 40.4% in the 4th quarter. SG Americas Securities LLC now owns 153,226 shares of the real estate investment trust’s stock valued at $1,735,000 after acquiring an additional 44,079 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in Pebblebrook Hotel Trust in the third quarter valued at approximately $143,000. CANADA LIFE ASSURANCE Co increased its stake in Pebblebrook Hotel Trust by 3.4% in the third quarter. CANADA LIFE ASSURANCE Co now owns 306,179 shares of the real estate investment trust’s stock valued at $3,538,000 after purchasing an additional 10,157 shares during the last quarter. Woodline Partners LP increased its stake in Pebblebrook Hotel Trust by 114.6% in the third quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock valued at $35,889,000 after purchasing an additional 1,682,855 shares during the last quarter. Finally, Alyeska Investment Group L.P. raised its holdings in Pebblebrook Hotel Trust by 56.4% during the third quarter. Alyeska Investment Group L.P. now owns 6,268,902 shares of the real estate investment trust’s stock worth $71,403,000 after purchasing an additional 2,259,389 shares in the last quarter.

Pebblebrook Hotel Trust Trading Up 3.2%

Shares of PEB stock opened at $12.32 on Monday. Pebblebrook Hotel Trust has a fifty-two week low of $7.41 and a fifty-two week high of $14.21. The company has a 50 day moving average price of $11.23 and a 200 day moving average price of $10.93. The stock has a market capitalization of $1.40 billion, a P/E ratio of -10.35 and a beta of 1.53. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.13 and a current ratio of 1.13.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.51 EPS for the quarter, beating the consensus estimate of $0.50 by $0.01. The company had revenue of $398.72 million during the quarter, compared to analysts’ expectations of $396.80 million. Pebblebrook Hotel Trust had a negative net margin of 7.45% and a negative return on equity of 4.02%. The firm’s revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.59 EPS. Pebblebrook Hotel Trust has set its FY 2025 guidance at 1.500-1.570 EPS and its Q4 2025 guidance at 0.180-0.260 EPS. Equities research analysts predict 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 Thursday, January 15th. Investors of record on Wednesday, December 31st will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, December 31st. Pebblebrook Hotel Trust’s dividend payout ratio is -3.36%.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE:PEB) is a real estate investment trust specializing in premium, high-barrier-to-entry hotel properties in gateway markets across the United States. Established in 2009, PEB focuses on lifestyle-oriented lodging assets that cater to business and leisure travelers seeking elevated experiences. The company’s investment strategy emphasizes select-service and full-service hotels with established brands and prime urban or resort locations.

PEB’s portfolio comprises more than 30 properties in major metropolitan areas including New York City, Los Angeles, Chicago, Miami and San Francisco.