Pebblebrook Hotel Trust (NYSE:PEB) Stock Has Consensus Price Target of $17.60

by · The Markets Daily

Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) has been given an average recommendation of “Hold” by the fourteen analysts that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $17.65.

A number of equities research analysts recently commented on PEB shares. Wells Fargo & Company lifted their price target on shares of Pebblebrook Hotel Trust from $16.00 to $19.00 and gave the stock an “equal weight” rating in a report on Thursday, July 23rd. Weiss Ratings upgraded Pebblebrook Hotel Trust from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Raymond James Financial increased their price objective on Pebblebrook Hotel Trust from $18.00 to $20.00 and gave the company an “outperform” rating in a report on Monday, September 28th. Truist Financial raised their target price on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, June 29th. Finally, Citigroup raised their target price on Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 22nd.

Read Our Latest Stock Analysis on PEB

Pebblebrook Hotel Trust Stock Performance

NYSE PEB opened at $20.70 on Wednesday. The company has a market capitalization of $2.34 billion, a PE ratio of 11.29, a price-to-earnings-growth ratio of 1.36 and a beta of 1.43. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.34 and a current ratio of 1.34. Pebblebrook Hotel Trust has a 52-week low of $9.99 and a 52-week high of $20.92. The company has a 50-day simple moving average of $18.52 and a 200 day simple moving average of $17.26.

Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. The firm 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 company earned $0.65 earnings per share. The company’s quarterly revenue was down .1% on a year-over-year basis. 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, research analysts predict that Pebblebrook Hotel Trust will post 1.72 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.04 annualized dividend and a yield of 0.2%. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is -5.80%.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Amundi raised its stake in shares of Pebblebrook Hotel Trust by 484.2% during the 2nd quarter. Amundi now owns 495,647 shares of the real estate investment trust’s stock valued at $9,621,000 after purchasing an additional 410,804 shares during the period. Corient Private Wealth LP bought a new position in Pebblebrook Hotel Trust in the 2nd quarter worth about $1,511,000. WINTON GROUP Ltd bought a new position in Pebblebrook Hotel Trust in the 2nd quarter worth about $2,869,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Pebblebrook Hotel Trust in the 2nd quarter worth about $1,906,000. Finally, Legal & General Group Plc bought a new position in Pebblebrook Hotel Trust in the 2nd quarter worth about $36,905,000.

Pebblebrook Hotel Trust Company Profile

(Get Free Report)

Pebblebrook Hotel Trust (NYSE:PEB) is a publicly traded real estate investment trust that owns and invests in upscale, full-service hotels and resorts in the United States. The company focuses on acquiring, developing, and repositioning lodging properties in major urban and resort destinations.

Its portfolio includes hotels operating under a variety of national, regional, and independent brands. Pebblebrook generally owns the underlying real estate while hotels are operated through management agreements, providing lodging accommodations, food and beverage services, meeting and event facilities, and other guest amenities.

Founded in 2009, Pebblebrook Hotel Trust has emphasized properties in markets with strong tourism, business travel, and cultural or recreational appeal.

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