Pebblebrook Hotel Trust (NYSE:PEB – Free Report) had its price objective lifted by Cantor Fitzgerald from $12.00 to $14.00 in a research report released on Tuesday morning,Benzinga reports. The firm currently has a neutral rating on the real estate investment trust’s stock.
Several other brokerages also recently weighed in on PEB. Stifel Nicolaus set a $13.50 price target on Pebblebrook Hotel Trust in a report on Thursday, November 6th. Zacks Research downgraded Pebblebrook Hotel Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Robert W. Baird set a $15.00 target price on Pebblebrook Hotel Trust and gave the stock an “outperform” rating in a research report on Monday, January 12th. Compass Point lowered Pebblebrook Hotel Trust from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $12.00 to $11.50 in a research note on Monday, November 10th. Finally, Wells Fargo & Company upped their price objective on shares of Pebblebrook Hotel Trust from $11.00 to $13.00 and gave the company an “equal weight” rating in a research note on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Pebblebrook Hotel Trust currently has an average rating of “Reduce” and an average price target of $12.09.
View Our Latest Stock Report on Pebblebrook Hotel Trust
Pebblebrook Hotel Trust Trading Down 1.3%
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.04. The company had revenue of $349.02 million for the quarter, compared to analysts’ expectations of $342.03 million. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. During the same period last year, the company earned $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. Research analysts forecast that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.
Pebblebrook Hotel Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 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 of this dividend was Wednesday, December 31st. Pebblebrook Hotel Trust’s payout ratio is currently -4.40%.
Institutional Trading of Pebblebrook Hotel Trust
A number of institutional investors and hedge funds have recently bought and sold shares of PEB. Quadrant Capital Group LLC raised its stake in shares of Pebblebrook Hotel Trust by 32.8% during the fourth quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 796 shares in the last quarter. Amundi grew its position in Pebblebrook Hotel Trust by 1.1% in the 4th quarter. Amundi now owns 81,472 shares of the real estate investment trust’s stock valued at $922,000 after buying an additional 857 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in Pebblebrook Hotel Trust by 33.3% during the 4th 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 buying an additional 865 shares during the period. Amalgamated Bank raised its position in shares of Pebblebrook Hotel Trust by 3.5% during the 3rd quarter. Amalgamated Bank now owns 35,064 shares of the real estate investment trust’s stock worth $399,000 after buying an additional 1,170 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey lifted its stake in shares of Pebblebrook Hotel Trust by 5.8% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 27,187 shares of the real estate investment trust’s stock worth $272,000 after acquiring an additional 1,500 shares during the period.
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.
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