Pebblebrook Hotel Trust (NYSE:PEB) Sets New 12-Month High – What’s Next?

Pebblebrook Hotel Trust (NYSE:PEB) shares hit a new 52-week high on Tuesday . The company traded as high as $19.76 and last traded at $19.7730, with a volume of 1104043 shares. The stock had previously closed at $19.31.

Analysts Set New Price Targets

Several research firms recently commented on PEB. Evercore set a $15.00 target price on shares of Pebblebrook Hotel Trust in a report on Monday, April 27th. LADENBURG THALM/SH SH upped their price target on shares of Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the company a “neutral” rating in a research report on Thursday, June 18th. Wells Fargo & Company raised their price objective on 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. Weiss Ratings upgraded Pebblebrook Hotel Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. Finally, Zacks Research upgraded Pebblebrook Hotel Trust from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 15th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, six have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $16.29.

Pebblebrook Hotel Trust Stock Performance

The company has a market cap of $2.24 billion, a PE ratio of -24.72, a P/E/G 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. The business has a fifty day moving average of $17.24 and a 200-day moving average of $14.30.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 2.41% and a negative net margin of 4.18%.The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the company earned $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. Equities research analysts anticipate that Pebblebrook Hotel Trust will post 1.6 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.01 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. Pebblebrook Hotel Trust’s dividend payout ratio is -5.00%.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Several hedge funds have recently made changes to their positions in PEB. AQR Capital Management LLC boosted its holdings in shares of Pebblebrook Hotel Trust by 174.6% during the 1st quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock valued at $941,000 after buying an additional 59,367 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Pebblebrook Hotel Trust by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock worth $719,000 after purchasing an additional 3,075 shares during the period. Caxton Associates LLP purchased a new stake in Pebblebrook Hotel Trust in the first quarter worth about $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Pebblebrook Hotel Trust by 8.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 659,945 shares of the real estate investment trust’s stock valued at $6,685,000 after purchasing an additional 48,640 shares in the last quarter. Finally, Creative Planning bought a new position in shares of Pebblebrook Hotel Trust during the second quarter valued at approximately $176,000.

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.