Pebblebrook Hotel Trust (NYSE:PEB) Releases Quarterly Earnings Results, Beats Expectations By $0.09 EPS

Pebblebrook Hotel Trust (NYSE:PEB) posted its quarterly earnings data on Tuesday. The real estate investment trust reported ($0.26) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.09, FiscalAI reports. The firm had revenue of $345.66 million for the quarter, compared to analyst estimates of $323.26 million. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. Pebblebrook Hotel Trust’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the firm posted $0.16 EPS. Pebblebrook Hotel Trust updated its Q2 2026 guidance to 0.580-0.620 EPS.

Pebblebrook Hotel Trust Price Performance

Pebblebrook Hotel Trust stock traded down $0.10 during mid-day trading on Thursday, reaching $14.23. The company had a trading volume of 1,117,488 shares, compared to its average volume of 2,398,304. The stock’s 50-day simple moving average is $12.96 and its 200-day simple moving average is $11.97. Pebblebrook Hotel Trust has a 1 year low of $8.69 and a 1 year high of $14.72. 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 capitalization of $1.61 billion, a P/E ratio of -15.65 and a beta of 1.43.

Pebblebrook Hotel Trust Dividend Announcement

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

Institutional Investors Weigh In On Pebblebrook Hotel Trust

A number of institutional investors and hedge funds have recently modified their holdings of PEB. Quadrant Capital Group LLC increased its stake in Pebblebrook Hotel Trust by 32.8% in the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 796 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Pebblebrook Hotel Trust during the third quarter worth $88,000. Federation des caisses Desjardins du Quebec grew its holdings in Pebblebrook Hotel Trust by 26.7% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 9,346 shares of the real estate investment trust’s stock valued at $106,000 after purchasing an additional 1,972 shares during the last quarter. M&T Bank Corp acquired a new stake in Pebblebrook Hotel Trust in the second quarter valued at $116,000. Finally, XTX Topco Ltd purchased a new position in shares of Pebblebrook Hotel Trust in the fourth quarter valued at $121,000.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. 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. Citigroup increased their price target on shares of Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Wells Fargo & Company reduced their price objective on shares of 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. Wall Street Zen raised Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Stifel Nicolaus boosted their target price on Pebblebrook Hotel Trust from $14.50 to $16.25 and gave the stock a “buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, six have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $12.73.

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.