Pebblebrook Hotel Trust (NYSE:PEB) Sets New 52-Week High – Should You Buy?

Shares of Pebblebrook Hotel Trust (NYSE:PEB) hit a new 52-week high during trading on Thursday . The company traded as high as $17.64 and last traded at $17.2250, with a volume of 2390474 shares trading hands. The stock had previously closed at $17.09.

Analyst Ratings Changes

Several analysts have recently issued reports on PEB shares. LADENBURG THALM/SH SH began coverage on shares of Pebblebrook Hotel Trust in a research note on Thursday, March 26th. They issued a “neutral” rating and a $14.00 target price for the company. Barclays increased their price target on shares of Pebblebrook Hotel Trust from $9.00 to $13.00 and gave the company an “underweight” rating in a research report on Monday, June 1st. Cantor Fitzgerald increased their price target on shares of Pebblebrook Hotel Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Morgan Stanley increased their price target on shares of Pebblebrook Hotel Trust from $10.00 to $12.00 and gave the company an “underweight” rating in a research report on Tuesday, May 12th. Finally, BMO Capital Markets restated a “market perform” rating and set a $15.00 price target on shares of Pebblebrook Hotel Trust in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $14.83.

Pebblebrook Hotel Trust Price Performance

The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.82. The stock has a market cap of $1.95 billion, a P/E ratio of -21.53, a price-to-earnings-growth ratio of 1.53 and a beta of 1.45. The business’s 50-day simple moving average is $14.49 and its two-hundred day simple moving average is $12.84.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.31) by $0.05. Pebblebrook Hotel Trust had a negative net margin of 4.18% and a negative return on equity of 2.41%. The firm had revenue of $345.66 million for the quarter, compared to the consensus estimate of $331.23 million. During the same period in the prior year, the firm posted $0.16 earnings per share. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. Sell-side analysts expect that Pebblebrook Hotel Trust will post 1.54 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 31st. Pebblebrook Hotel Trust’s dividend payout ratio is presently -5.00%.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Institutional investors and hedge funds have recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Pebblebrook Hotel Trust in the first quarter worth about $34,000. Quadrant Capital Group LLC lifted its holdings in shares of Pebblebrook Hotel Trust by 32.8% in the fourth quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 796 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of Pebblebrook Hotel Trust in the fourth quarter worth about $38,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Pebblebrook Hotel Trust by 33.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 865 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Pebblebrook Hotel Trust by 188.0% in the fourth quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock worth $57,000 after buying an additional 3,296 shares in the last quarter.

Pebblebrook Hotel Trust Company Profile

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.