Analysts Set Pebblebrook Hotel Trust (NYSE:PEB) Target Price at $14.83

Shares of Pebblebrook Hotel Trust (NYSE:PEB) have been assigned a consensus recommendation of “Hold” from the fifteen brokerages that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, six have given a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $14.9808.

A number of research analysts recently commented on the company. Zacks Research raised Pebblebrook Hotel Trust from a “hold” rating to a “strong-buy” rating in a report on Monday. Weiss Ratings raised Pebblebrook Hotel Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. Citigroup increased their price target on Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Wall Street Zen raised Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Evercore set a $15.00 price target on Pebblebrook Hotel Trust in a report on Monday, April 27th.

Institutional Trading of Pebblebrook Hotel Trust

Several large investors have recently added to or reduced their stakes in PEB. Alyeska Investment Group L.P. increased its position in Pebblebrook Hotel Trust by 56.4% in the 3rd quarter. Alyeska Investment Group L.P. now owns 6,268,902 shares of the real estate investment trust’s stock valued at $71,403,000 after acquiring an additional 2,259,389 shares during the period. Millennium Management LLC increased its position in shares of Pebblebrook Hotel Trust by 2,584.8% during the 3rd quarter. Millennium Management LLC now owns 2,161,137 shares of the real estate investment trust’s stock valued at $24,615,000 after purchasing an additional 2,080,641 shares during the period. Woodline Partners LP increased its position in shares of Pebblebrook Hotel Trust by 114.6% during the 3rd quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock valued at $35,889,000 after purchasing an additional 1,682,855 shares during the period. Schonfeld Strategic Advisors LLC increased its position in shares of Pebblebrook Hotel Trust by 684.1% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 1,576,228 shares of the real estate investment trust’s stock valued at $17,953,000 after purchasing an additional 1,375,207 shares during the period. Finally, MetLife Investment Management LLC increased its position in shares of Pebblebrook Hotel Trust by 1,736.3% during the 4th quarter. MetLife Investment Management LLC now owns 1,322,264 shares of the real estate investment trust’s stock valued at $14,968,000 after purchasing an additional 1,250,256 shares during the period.

Pebblebrook Hotel Trust Price Performance

Shares of NYSE PEB opened at $18.27 on Thursday. Pebblebrook Hotel Trust has a 1-year low of $9.28 and a 1-year high of $19.60. The business has a 50-day moving average of $15.06 and a 200-day moving average of $13.09. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of -22.83, a PEG ratio of 1.69 and a beta of 1.45.

Pebblebrook Hotel Trust (NYSE:PEB) last issued 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. Pebblebrook Hotel Trust had a negative return on equity of 2.41% and a negative net margin of 4.18%.The company had revenue of $345.66 million during the quarter, compared to the consensus estimate of $331.23 million. During the same quarter in the prior year, the business earned $0.16 earnings per share. The company’s revenue was up 7.9% compared to the same quarter last year. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. On average, equities analysts anticipate that Pebblebrook Hotel Trust will post 1.59 EPS for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Tuesday, June 30th. Pebblebrook Hotel Trust’s dividend payout ratio is presently -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.