Pebblebrook Hotel Trust (NYSE:PEB) Receives $13.65 Average Price Target from Analysts

Pebblebrook Hotel Trust (NYSE:PEB) has earned a consensus recommendation of “Reduce” from the fourteen research firms that are presently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $13.6458.

Several brokerages have recently issued reports on PEB. Citigroup raised their price target on Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. BMO Capital Markets reaffirmed a “market perform” rating and issued a $15.00 price target on shares of Pebblebrook Hotel Trust in a research report on Monday, May 4th. Truist Financial raised their price target on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the company a “hold” rating in a research report on Tuesday, March 31st. Morgan Stanley raised their price target on 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, Barclays lowered their price target on Pebblebrook Hotel Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 7th.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Several hedge funds have recently made changes to their positions in PEB. AQR Capital Management LLC lifted its stake in shares of Pebblebrook Hotel Trust by 174.6% in the first quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock valued at $941,000 after buying an additional 59,367 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Pebblebrook Hotel Trust by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock valued at $719,000 after buying an additional 3,075 shares during the period. Caxton Associates LLP bought a new stake in shares of Pebblebrook Hotel Trust in the first quarter valued at about $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Pebblebrook Hotel Trust by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 659,945 shares of the real estate investment trust’s stock valued at $6,685,000 after buying an additional 48,640 shares during the period. Finally, Creative Planning bought a new stake in shares of Pebblebrook Hotel Trust in the second quarter valued at about $176,000.

Pebblebrook Hotel Trust Trading Down 0.4%

Shares of NYSE:PEB opened at $14.80 on Friday. The company has a market cap of $1.68 billion, a P/E ratio of -18.49, a P/E/G ratio of 1.37 and a beta of 1.44. The stock’s 50-day moving average is $13.49 and its 200-day moving average is $12.35. Pebblebrook Hotel Trust has a 52-week low of $8.69 and a 52-week high of $14.96. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.04 and a current ratio of 1.04.

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

Pebblebrook Hotel Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Tuesday, March 31st. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is presently -5.00%.

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.