Pebblebrook Hotel Trust (NYSE:PEB) Receives $11.89 Consensus PT from Analysts

Shares of Pebblebrook Hotel Trust (NYSE:PEB) have earned an average recommendation of “Reduce” from the eight brokerages that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $12.1111.

Several analysts have issued reports on the stock. Truist Financial raised their price target on shares of Pebblebrook Hotel Trust from $9.00 to $11.00 and gave the stock a “hold” rating in a research report on Thursday. Stifel Nicolaus set a $13.00 price target on shares of Pebblebrook Hotel Trust and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Wells Fargo & Company raised their price target on shares of Pebblebrook Hotel Trust from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 27th. Morgan Stanley reiterated an “underweight” rating and set a $10.00 price target on shares of Pebblebrook Hotel Trust in a research note on Tuesday, July 15th. Finally, Evercore ISI increased their price objective on shares of Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the company an “in-line” rating in a research note on Monday, July 28th.

Pebblebrook Hotel Trust Stock Performance

Shares of PEB opened at $11.80 on Tuesday. The company has a market capitalization of $1.40 billion, a PE ratio of -20.35 and a beta of 1.82. Pebblebrook Hotel Trust has a one year low of $7.41 and a one year high of $15.12. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.31 and a quick ratio of 1.31. The company’s fifty day moving average price is $10.58 and its 200 day moving average price is $10.06.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings results on Tuesday, July 29th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. The company had revenue of $407.54 million for the quarter, compared to analyst estimates of $398.77 million. Pebblebrook Hotel Trust had a negative net margin of 2.20% and a negative return on equity of 1.17%. The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period last year, the business posted $0.69 EPS. Pebblebrook Hotel Trust has set its Q3 2025 guidance at 0.450-0.510 EPS. FY 2025 guidance at 1.470-1.590 EPS. As a group, analysts expect that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a $0.01 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.3%. Pebblebrook Hotel Trust’s payout ratio is presently -6.90%.

Institutional Trading of Pebblebrook Hotel Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. increased its stake in Pebblebrook Hotel Trust by 122.1% in the second quarter. Harbor Capital Advisors Inc. now owns 2,514 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 1,382 shares during the period. GF Fund Management CO. LTD. bought a new stake in Pebblebrook Hotel Trust in the fourth quarter valued at about $30,000. CWM LLC increased its stake in Pebblebrook Hotel Trust by 324.2% in the first quarter. CWM LLC now owns 3,071 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 2,347 shares during the period. Hilltop National Bank bought a new stake in Pebblebrook Hotel Trust in the second quarter valued at about $44,000. Finally, PNC Financial Services Group Inc. increased its stake in Pebblebrook Hotel Trust by 115.2% in the second quarter. PNC Financial Services Group Inc. now owns 4,683 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 2,507 shares during the period.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust ("REIT") and the largest owner of urban and resort lifestyle hotels and resorts in the United States. The Company owns 47 hotels and resorts, totaling approximately 12,200 guest rooms across 13 urban and resort markets.