Pebblebrook Hotel Trust (NYSE:PEB) Reaches New 52-Week High – Here’s What Happened

Pebblebrook Hotel Trust (NYSE:PEB) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $13.93 and last traded at $13.9550, with a volume of 52469 shares. The stock had previously closed at $13.77.

Wall Street Analyst Weigh In

PEB has been the subject of a number of analyst reports. Wells Fargo & Company lowered their price objective on Pebblebrook Hotel Trust from $13.00 to $12.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 24th. Stifel Nicolaus raised their price objective on Pebblebrook Hotel Trust from $14.25 to $14.50 and gave the stock a “buy” rating in a research report on Thursday, April 2nd. Wall Street Zen upgraded Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Saturday, February 28th. Zacks Research upgraded Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 17th. Finally, Truist Financial raised their price objective on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “hold” rating in a research report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $12.42.

Pebblebrook Hotel Trust Stock Performance

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’s 50-day moving average price is $12.68 and its two-hundred day moving average price is $11.76. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of -15.38 and a beta of 1.43.

Pebblebrook Hotel Trust (NYSE:PEB) last released its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 EPS for the quarter, topping the consensus estimate of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative return on equity of 2.88% and a negative net margin of 5.18%.The business had revenue of $349.02 million during the quarter, compared to analysts’ expectations of $342.03 million. During the same quarter last 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. On average, equities research analysts anticipate that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.04 annualized dividend and a yield of 0.3%. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is currently -4.40%.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Several large investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its holdings in Pebblebrook Hotel Trust by 174.6% in the first quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock worth $941,000 after purchasing an additional 59,367 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Pebblebrook Hotel Trust by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock worth $719,000 after purchasing an additional 3,075 shares during the period. Caxton Associates LLP acquired a new stake in Pebblebrook Hotel Trust in the first quarter worth $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Pebblebrook Hotel Trust by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 659,945 shares of the real estate investment trust’s stock worth $6,685,000 after purchasing an additional 48,640 shares during the period. Finally, Creative Planning acquired a new stake in Pebblebrook Hotel Trust in the second quarter worth $176,000.

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.