Truist Financial Issues Positive Forecast for Pebblebrook Hotel Trust (NYSE:PEB) Stock Price

Pebblebrook Hotel Trust (NYSE:PEB) had its price objective hoisted by Truist Financial from $12.00 to $14.00 in a report issued on Tuesday,Benzinga reports. Truist Financial currently has a hold rating on the real estate investment trust’s stock.

Several other research firms also recently commented on PEB. Citigroup upped their price objective on shares of Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. Wall Street Zen upgraded shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research note on Saturday, February 28th. LADENBURG THALM/SH SH assumed coverage on shares of Pebblebrook Hotel Trust in a report on Thursday, March 26th. They set a “neutral” rating and a $14.00 target price for the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a research note on Friday. Finally, Zacks Research raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $12.33.

Pebblebrook Hotel Trust Price Performance

NYSE:PEB opened at $12.60 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.83. The stock’s 50 day moving average price is $12.34 and its two-hundred day moving average price is $11.63. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of -13.84 and a beta of 1.48. Pebblebrook Hotel Trust has a 12-month low of $7.41 and a 12-month high of $13.35.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 EPS for the quarter, topping the consensus estimate of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative return on equity of 2.88% and a negative net margin of 5.18%.The company had revenue of $349.02 million during the quarter, compared to the consensus estimate of $342.03 million. During the same period in the previous year, the company 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. On average, analysts anticipate that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.

Pebblebrook Hotel Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.01 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.04 annualized dividend and a yield of 0.3%. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is presently -4.40%.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

A number of institutional investors have recently modified their holdings of PEB. Quadrant Capital Group LLC grew its stake 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 valued at $36,000 after acquiring an additional 796 shares in the last quarter. Cullen Frost Bankers Inc. bought a new stake in Pebblebrook Hotel Trust in the 4th quarter valued at about $38,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Pebblebrook Hotel Trust by 33.3% in 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 purchasing an additional 865 shares during the period. PNC Financial Services Group Inc. grew its position in shares of Pebblebrook Hotel Trust by 115.2% during the 2nd 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. grew its position in shares of Pebblebrook Hotel Trust by 188.0% during the 4th 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 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.