Pebblebrook Hotel Trust (NYSE:PEB) Reaches New 12-Month High on Earnings Beat

Pebblebrook Hotel Trust (NYSE:PEBGet Free Report) hit a new 52-week high during trading on Thursday following a stronger than expected earnings report. The company traded as high as $13.35 and last traded at $13.0270, with a volume of 562472 shares changing hands. The stock had previously closed at $12.24.

The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.84%. The firm had revenue of $349.02 million during the quarter, compared to analysts’ expectations of $342.03 million. During the same period in the previous year, the business posted $0.20 EPS. Pebblebrook Hotel Trust has set its Q1 2026 guidance at 0.190-0.230 EPS and its FY 2026 guidance at 1.500-1.620 EPS.

Pebblebrook Hotel Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.01 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.04 dividend on an annualized basis and a yield of 0.3%. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is presently -4.40%.

Key Headlines Impacting Pebblebrook Hotel Trust

Here are the key news stories impacting Pebblebrook Hotel Trust this week:

Analysts Set New Price Targets

A number of equities analysts have weighed in on PEB shares. Compass Point lowered Pebblebrook Hotel Trust from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $12.00 to $11.50 in a research note on Monday, November 10th. Truist Financial boosted their price target on shares of Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the company a “hold” rating in a research report on Monday, January 12th. Barclays began coverage on shares of Pebblebrook Hotel Trust in a report on Tuesday, January 6th. They issued an “underweight” rating and a $10.00 price objective for the company. Wells Fargo & Company lifted their target price on shares of Pebblebrook Hotel Trust from $11.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Monday, December 1st. Finally, Stifel Nicolaus set a $13.50 price target on shares of Pebblebrook Hotel Trust in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have given a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $11.91.

Read Our Latest Research Report on Pebblebrook Hotel Trust

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PEB. Quadrant Capital Group LLC raised its position in shares of Pebblebrook Hotel Trust by 32.8% during the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 796 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in Pebblebrook Hotel Trust in the fourth quarter valued at approximately $38,000. Mirae Asset Global Investments Co. Ltd. increased its stake in 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 valued at $39,000 after purchasing an additional 865 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Pebblebrook Hotel Trust by 115.2% during the second quarter. PNC Financial Services Group Inc. now owns 4,683 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 2,507 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in Pebblebrook Hotel Trust by 188.0% during the fourth quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 3,296 shares in the last quarter.

Pebblebrook Hotel Trust Stock Up 8.3%

The firm’s 50-day moving average price is $12.01 and its two-hundred day moving average price is $11.36. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market cap of $1.51 billion, a PE ratio of -14.56 and a beta of 1.54.

Pebblebrook Hotel Trust Company Profile

(Get Free Report)

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.

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