Pebblebrook Hotel Trust (NYSE:PEB) Price Target Raised to $14.50

Pebblebrook Hotel Trust (NYSE:PEB) had its target price upped by Stifel Nicolaus from $14.25 to $14.50 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a buy rating on the real estate investment trust’s stock.

Several other equities analysts also recently commented on the stock. Cantor Fitzgerald boosted their price target on shares of Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 3rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a research note on Friday, March 27th. Barclays assumed coverage on Pebblebrook Hotel Trust in a research note on Tuesday, January 6th. They set an “underweight” rating and a $10.00 target price for the company. Truist Financial upped their price target on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “hold” rating in a report on Tuesday, March 31st. Finally, Zacks Research raised Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $12.42.

Pebblebrook Hotel Trust Stock Performance

NYSE PEB opened at $12.78 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market cap of $1.45 billion, a P/E ratio of -14.04 and a beta of 1.43. The stock has a 50-day moving average of $12.37 and a two-hundred day moving average of $11.66. Pebblebrook Hotel Trust has a 1-year low of $7.41 and a 1-year high of $13.35.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $342.03 million. During the same quarter in the prior year, the company earned $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. As a group, analysts anticipate that Pebblebrook Hotel Trust will post 1.5 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.01 per share. 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 is -4.40%.

Institutional Trading of Pebblebrook Hotel Trust

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quadrant Capital Group LLC increased its holdings in Pebblebrook Hotel Trust by 32.8% in the fourth 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 in the last quarter. Cullen Frost Bankers Inc. purchased a new position in shares of Pebblebrook Hotel Trust in the fourth quarter valued at $38,000. Mirae Asset Global Investments Co. Ltd. raised its position in Pebblebrook Hotel Trust by 33.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 865 shares during the last quarter. Hantz Financial Services Inc. increased 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 in the last quarter. Finally, Pensionfund Sabic purchased a new position in shares of Pebblebrook Hotel Trust during the 4th quarter worth approximately $72,000.

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.