Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) has been assigned a consensus recommendation of “Reduce” from the fourteen research firms that are covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $12.1667.
A number of equities research analysts recently commented on PEB shares. Zacks Research raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 17th. Citigroup raised their price target on Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Weiss Ratings restated a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a research note on Monday, December 29th. Barclays assumed coverage on shares of Pebblebrook Hotel Trust in a research report on Tuesday, January 6th. They issued an “underweight” rating and a $10.00 price objective for the company. Finally, Robert W. Baird set a $15.00 target price on shares of Pebblebrook Hotel Trust and gave the stock an “outperform” rating in a research note on Monday, January 12th.
Read Our Latest Analysis on Pebblebrook Hotel Trust
Pebblebrook Hotel Trust Price Performance
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 EPS for the quarter, beating the consensus estimate of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. The business had revenue of $349.02 million during the quarter, compared to analyst estimates of $342.03 million. During the same period in the prior year, the firm posted $0.20 earnings per share. 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. Research analysts anticipate that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.
Pebblebrook Hotel Trust Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.01 dividend. The ex-dividend date of this dividend is Tuesday, March 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 (DPR) is currently -4.40%.
Hedge Funds Weigh In On Pebblebrook Hotel Trust
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Alyeska Investment Group L.P. lifted its position in Pebblebrook Hotel Trust by 11.1% during the 4th quarter. Alyeska Investment Group L.P. now owns 6,964,179 shares of the real estate investment trust’s stock worth $78,835,000 after acquiring an additional 695,277 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of Pebblebrook Hotel Trust by 13.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,180,800 shares of the real estate investment trust’s stock valued at $69,969,000 after acquiring an additional 711,042 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Pebblebrook Hotel Trust by 46.1% in the 4th quarter. Millennium Management LLC now owns 3,158,256 shares of the real estate investment trust’s stock valued at $35,751,000 after acquiring an additional 997,119 shares during the last quarter. Woodline Partners LP increased its stake in shares of 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 worth $35,889,000 after acquiring an additional 1,682,855 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Pebblebrook Hotel Trust by 6.2% during the fourth quarter. Geode Capital Management LLC now owns 3,033,952 shares of the real estate investment trust’s stock worth $34,350,000 after purchasing an additional 177,466 shares during the last quarter.
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.
Further Reading
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