Pebblebrook Hotel Trust (NYSE:PEB) Sets New 52-Week High – Should You Buy?

Shares of Pebblebrook Hotel Trust (NYSE:PEB) hit a new 52-week high during trading on Thursday . The company traded as high as $17.64 and last traded at $17.2250, with a volume of 2390474 shares trading hands. The stock had previously closed at $17.09.

Analyst Ratings Changes

PEB has been the subject of a number of recent analyst reports. Raymond James Financial reiterated an “outperform” rating and issued a $18.00 price target on shares of Pebblebrook Hotel Trust in a research note on Monday. 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. Cantor Fitzgerald increased their price target on shares of Pebblebrook Hotel Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Weiss Ratings upgraded shares of Pebblebrook Hotel Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. Finally, Stifel Nicolaus increased their price target on shares of Pebblebrook Hotel Trust from $14.50 to $16.25 and gave the company a “buy” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Pebblebrook Hotel Trust presently has an average rating of “Hold” and an average price target of $14.83.

Pebblebrook Hotel Trust Stock Up 0.8%

The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.82. The firm’s 50 day simple moving average is $14.49 and its two-hundred day simple moving average is $12.84. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of -21.53, a PEG ratio of 1.53 and a beta of 1.45.

Pebblebrook Hotel Trust (NYSE:PEB) last released 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. The firm had revenue of $345.66 million for the quarter, compared to analyst estimates of $331.23 million. Pebblebrook Hotel Trust had a negative net margin of 4.18% and a negative return on equity of 2.41%. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the firm earned $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. On average, equities analysts forecast that Pebblebrook Hotel Trust will post 1.54 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 31st. Pebblebrook Hotel Trust’s payout ratio is presently -5.00%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Amundi lifted its position in shares of Pebblebrook Hotel Trust by 4.1% in the 1st quarter. Amundi now owns 84,843 shares of the real estate investment trust’s stock worth $1,072,000 after purchasing an additional 3,371 shares during the period. California State Teachers Retirement System lifted its position in shares of Pebblebrook Hotel Trust by 34.5% in the 1st quarter. California State Teachers Retirement System now owns 149,266 shares of the real estate investment trust’s stock worth $1,885,000 after purchasing an additional 38,289 shares during the period. Quantinno Capital Management LP lifted its position in shares of Pebblebrook Hotel Trust by 24.7% in the 1st quarter. Quantinno Capital Management LP now owns 118,779 shares of the real estate investment trust’s stock worth $1,500,000 after purchasing an additional 23,527 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in shares of Pebblebrook Hotel Trust by 51.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,154,627 shares of the real estate investment trust’s stock worth $27,213,000 after purchasing an additional 736,078 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of Pebblebrook Hotel Trust by 10.3% in the 1st quarter. Cetera Investment Advisers now owns 80,827 shares of the real estate investment trust’s stock worth $1,021,000 after purchasing an additional 7,579 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.