Pebblebrook Hotel Trust (PEB) Receiving Somewhat Favorable Press Coverage, Report Finds
Media coverage about Pebblebrook Hotel Trust (NYSE:PEB) has been trending somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pebblebrook Hotel Trust earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 45.6110882290456 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Pebblebrook Hotel Trust (PEB) traded up $0.21 during trading hours on Wednesday, hitting $37.71. The stock had a trading volume of 679,465 shares, compared to its average volume of 768,662. Pebblebrook Hotel Trust has a one year low of $26.21 and a one year high of $38.96. The firm has a market cap of $2,593.19, a price-to-earnings ratio of 14.14, a PEG ratio of 1.58 and a beta of 1.22. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.31 and a quick ratio of 0.31.
Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings data on Monday, October 23rd. The real estate investment trust reported $0.80 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.49. Pebblebrook Hotel Trust had a return on equity of 6.63% and a net margin of 12.98%. The company had revenue of $201.80 million for the quarter, compared to analyst estimates of $198.11 million. During the same quarter last year, the firm earned ($0.61) EPS. Pebblebrook Hotel Trust’s revenue for the quarter was down 3.4% compared to the same quarter last year. equities research analysts anticipate that Pebblebrook Hotel Trust will post 2.51 EPS for the current fiscal year.
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About Pebblebrook Hotel Trust
Pebblebrook Hotel Trust is an internally managed hotel investment company. The Company is a real estate investment trust (REIT) that acquires and invests in hotel properties located primarily in cities of the United States. As of December 31, 2016, the Company owned 29 hotels with a total of 7,219 guest rooms.
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