Pebblebrook Hotel Trust (NYSE:PEB) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Pebblebrook Hotel Trust (NYSE:PEB) had its price target increased by research analysts at Morgan Stanley from $12.00 to $13.00 in a report released on Friday,Benzinga reports. The firm presently has an “underweight” rating on the real estate investment trust’s stock. Morgan Stanley’s target price points to a potential downside of 31.66% from the company’s previous close.

A number of other research analysts also recently commented on the company. Evercore set a $15.00 price objective on Pebblebrook Hotel Trust in a report on Monday, April 27th. Raymond James Financial restated an “outperform” rating and set a $18.00 target price on shares of Pebblebrook Hotel Trust in a research note on Monday, June 8th. Stifel Nicolaus upped their price target on Pebblebrook Hotel Trust from $18.00 to $20.25 and gave the company a “buy” rating in a report on Thursday, June 18th. Wells Fargo & Company increased their price target on shares of Pebblebrook Hotel Trust from $12.00 to $16.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Finally, Cantor Fitzgerald raised their price objective on shares of Pebblebrook Hotel Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $16.13.

Pebblebrook Hotel Trust Price Performance

Shares of PEB opened at $19.02 on Friday. Pebblebrook Hotel Trust has a twelve month low of $9.30 and a twelve month high of $19.75. The firm’s fifty day simple moving average is $17.14 and its 200-day simple moving average is $14.22. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of -23.78, a PEG ratio of 1.65 and a beta of 1.39. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.82.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) EPS for the quarter, beating the consensus estimate of ($0.31) by $0.05. Pebblebrook Hotel Trust had a negative return on equity of 2.41% and a negative net margin of 4.18%.The firm had revenue of $345.66 million for the quarter, compared to analyst estimates of $331.23 million. During the same quarter in the prior year, the company posted $0.16 earnings per share. Pebblebrook Hotel Trust’s revenue for the quarter was up 7.9% compared to the same quarter last year. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. Equities analysts forecast that Pebblebrook Hotel Trust will post 1.6 EPS for the current fiscal year.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PEB. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of Pebblebrook Hotel Trust during the first quarter worth approximately $34,000. Quadrant Capital Group LLC increased its holdings in shares of Pebblebrook Hotel Trust by 32.8% in the 4th 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 during the period. Cullen Frost Bankers Inc. acquired a new position in shares of Pebblebrook Hotel Trust in the 4th quarter valued at $38,000. Mirae Asset Global Investments Co. Ltd. raised its position 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 last quarter. Finally, Hantz Financial Services Inc. raised its position in Pebblebrook Hotel Trust by 188.0% in the 4th quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 3,296 shares during the last quarter.

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.