Pebblebrook Hotel Trust (NYSE:PEB) Given Average Recommendation of “Hold” by Analysts

Shares of Pebblebrook Hotel Trust (NYSE:PEB) have been given an average recommendation of “Hold” by the fifteen brokerages that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, three have given a buy rating and two have issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $16.0577.

A number of research firms have commented on PEB. Citigroup boosted their price target on shares of Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Barclays lifted their target price on shares of Pebblebrook Hotel Trust from $9.00 to $13.00 and gave the company an “underweight” rating in a research note on Monday, June 1st. Truist Financial boosted their target price on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Stifel Nicolaus increased their price target on Pebblebrook Hotel Trust from $18.00 to $20.25 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Finally, BMO Capital Markets restated a “market perform” rating and set a $17.00 price target on shares of Pebblebrook Hotel Trust in a research report on Friday, June 12th.

Institutional Trading of Pebblebrook Hotel Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Amundi raised its holdings in shares of Pebblebrook Hotel Trust by 4.1% in the first quarter. Amundi now owns 84,843 shares of the real estate investment trust’s stock valued at $1,072,000 after buying an additional 3,371 shares during the last quarter. California State Teachers Retirement System grew its holdings in Pebblebrook Hotel Trust by 34.5% during the 1st quarter. California State Teachers Retirement System now owns 149,266 shares of the real estate investment trust’s stock worth $1,885,000 after acquiring an additional 38,289 shares during the last quarter. Quantinno Capital Management LP grew its holdings in Pebblebrook Hotel Trust by 24.7% during the 1st quarter. Quantinno Capital Management LP now owns 118,779 shares of the real estate investment trust’s stock worth $1,500,000 after acquiring an additional 23,527 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in Pebblebrook Hotel Trust by 51.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,154,627 shares of the real estate investment trust’s stock valued at $27,213,000 after acquiring an additional 736,078 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in Pebblebrook Hotel Trust by 10.3% in the 1st quarter. Cetera Investment Advisers now owns 80,827 shares of the real estate investment trust’s stock valued at $1,021,000 after acquiring an additional 7,579 shares in the last quarter.

Pebblebrook Hotel Trust Stock Down 0.1%

Shares of NYSE:PEB opened at $18.77 on Monday. Pebblebrook Hotel Trust has a 52 week low of $9.30 and a 52 week high of $19.75. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.04 and a current ratio of 1.04. The company’s fifty day moving average is $16.29 and its 200-day moving average is $13.75. The company has a market capitalization of $2.13 billion, a PE ratio of -23.46, a P/E/G ratio of 1.63 and a beta of 1.39.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share for the quarter, topping the consensus estimate of ($0.31) by $0.05. The business had revenue of $345.66 million for the quarter, compared to analyst estimates of $331.23 million. Pebblebrook Hotel Trust had a negative net margin of 4.18% and a negative return on equity of 2.41%. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. Equities research analysts predict that Pebblebrook Hotel Trust will post 1.6 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. Pebblebrook Hotel Trust’s payout ratio is currently -5.00%.

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.