Pebblebrook Hotel Trust (PEB) To Go Ex-Dividend on June 30th

Pebblebrook Hotel Trust (NYSE:PEB) announced a quarterly dividend on Monday, June 15th. Investors of record on Tuesday, June 30th will be paid a dividend of 0.01 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 30th.

Pebblebrook Hotel Trust has a dividend payout ratio of -9.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Pebblebrook Hotel Trust to earn $1.59 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 2.5%.

Pebblebrook Hotel Trust Stock Up 4.6%

Shares of Pebblebrook Hotel Trust stock opened at $19.35 on Wednesday. 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 firm has a market cap of $2.19 billion, a P/E ratio of -24.18, a P/E/G ratio of 1.61 and a beta of 1.45. Pebblebrook Hotel Trust has a fifty-two week low of $9.28 and a fifty-two week high of $19.39. The business has a 50-day moving average price of $14.94 and a 200 day moving average price of $13.04.

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 the consensus estimate of ($0.31) by $0.05. The business 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 business’s revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the business posted $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. On average, sell-side analysts forecast that Pebblebrook Hotel Trust will post 1.59 earnings per share for the current fiscal year.

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.