Pebblebrook Hotel Trust (NYSE:PEB) Hits New 12-Month High After Earnings Beat

Pebblebrook Hotel Trust (NYSE:PEB) shares reached a new 52-week high during trading on Thursday following a better than expected earnings announcement. The stock traded as high as $13.35 and last traded at $13.0270, with a volume of 562472 shares. The stock had previously closed at $12.24.

The real estate investment trust reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative return on equity of 2.84% and a negative net margin of 5.18%.The company had revenue of $349.02 million for the quarter, compared to analysts’ expectations of $342.03 million. During the same period in the previous year, the firm earned $0.20 EPS. Pebblebrook Hotel Trust has set its Q1 2026 guidance at 0.190-0.230 EPS and its FY 2026 guidance at 1.500-1.620 EPS.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.01 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.3%. Pebblebrook Hotel Trust’s dividend payout ratio is currently -4.40%.

Analyst Upgrades and Downgrades

PEB has been the topic of several research analyst reports. Wells Fargo & Company boosted their price target on shares of Pebblebrook Hotel Trust from $11.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Monday, December 1st. Zacks Research cut Pebblebrook Hotel Trust from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Barclays assumed coverage on Pebblebrook Hotel Trust in a research note on Tuesday, January 6th. They set an “underweight” rating and a $10.00 price target for the company. Citigroup raised their price target on Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Pebblebrook Hotel Trust currently has an average rating of “Reduce” and an average target price of $11.91.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Several institutional investors have recently modified their holdings of PEB. Quadrant Capital Group LLC raised its holdings in Pebblebrook Hotel Trust by 32.8% during the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 796 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in shares of Pebblebrook Hotel Trust in the fourth quarter valued at $38,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Pebblebrook Hotel Trust by 33.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 865 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Pebblebrook Hotel Trust by 115.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,683 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 2,507 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of Pebblebrook Hotel Trust by 188.0% during the 4th quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 3,296 shares during the period.

Pebblebrook Hotel Trust Price Performance

The company has a market capitalization of $1.46 billion, a P/E ratio of -14.10 and a beta of 1.54. The firm’s fifty day moving average is $12.04 and its 200 day moving average is $11.38. 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 Company Profile

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.