Brokerages Set Pebblebrook Hotel Trust (NYSE:PEB) Price Target at $17.44

Pebblebrook Hotel Trust (NYSE:PEB) has been given a consensus recommendation of “Hold” by the fifteen research firms that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $17.3654.

PEB has been the subject of several analyst reports. Zacks Research lowered Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Truist Financial raised their price target 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 boosted their price target on Pebblebrook Hotel Trust from $20.25 to $21.25 and gave the stock a “buy” rating in a research note on Thursday, July 30th. LADENBURG THALM/SH SH upped their price objective on shares of Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, Citigroup lifted their target price on shares of Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 22nd.

Pebblebrook Hotel Trust Trading Down 0.3%

Shares of Pebblebrook Hotel Trust stock opened at $18.32 on Tuesday. Pebblebrook Hotel Trust has a fifty-two week low of $9.99 and a fifty-two week high of $19.93. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.34 and a current ratio of 1.34. The company has a market capitalization of $2.07 billion, a P/E ratio of -26.54, a P/E/G ratio of 1.26 and a beta of 1.40. The company has a fifty day moving average of $18.68 and a 200 day moving average of $15.64.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The company had revenue of $407.14 million for the quarter, compared to analysts’ expectations of $400.05 million. During the same period in the previous year, the firm earned $0.65 EPS. The firm’s revenue was down .1% compared to the same quarter last year. Pebblebrook Hotel Trust has set its Q3 2026 guidance at 0.480-0.520 EPS and its FY 2026 guidance at 1.690-1.760 EPS. On average, sell-side analysts anticipate that Pebblebrook Hotel Trust will post 1.7 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, June 30th. Pebblebrook Hotel Trust’s payout ratio is currently -5.80%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of PEB. Nykredit A S purchased a new stake in shares of Pebblebrook Hotel Trust during the 2nd quarter valued at approximately $51,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in Pebblebrook Hotel Trust in the first quarter valued at $34,000. Quadrant Capital Group LLC lifted its stake in shares of 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 during the last quarter. Cullen Frost Bankers Inc. purchased a new position in shares of Pebblebrook Hotel Trust during the 4th quarter worth $38,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Pebblebrook Hotel Trust by 33.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 865 shares during the period.

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.