Pebblebrook Hotel Trust (PEB) Getting Somewhat Positive Press Coverage, Analysis Shows
Media coverage about Pebblebrook Hotel Trust (NYSE:PEB) has been trending somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pebblebrook Hotel Trust earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 46.472200635904 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected Accern’s analysis:
- Pebblebrook Hotel Trust (PEB) Declares $0.38 Quarterly Dividend; 4% Yield (streetinsider.com)
- Pebblebrook Hotel Trust (PEB) Stock Rating Reaffirmed by Barclays (americanbankingnews.com)
- Pebblebrook Hotel Trust: Pebblebrook Hotel Trust Declares Dividends for the Fourth Quarter 2017 (twst.com)
- Pebblebrook Hotel Trust Plans Quarterly Dividend of $0.38 (PEB) (americanbankingnews.com)
Pebblebrook Hotel Trust (NYSE:PEB) traded up $0.42 during midday trading on Friday, hitting $38.30. 953,794 shares of the company’s stock were exchanged, compared to its average volume of 554,765. The stock has a market capitalization of $2,640.00, a PE ratio of 14.39, a P/E/G ratio of 1.60 and a beta of 1.22. Pebblebrook Hotel Trust has a fifty-two week low of $26.21 and a fifty-two week high of $38.96. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.56.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.97%. Pebblebrook Hotel Trust’s payout ratio is currently 118.75%.
A number of research analysts have issued reports on the stock. Barclays reaffirmed a “buy” rating and issued a $39.00 price target on shares of Pebblebrook Hotel Trust in a report on Friday. Robert W. Baird set a $37.00 price target on shares of Pebblebrook Hotel Trust and gave the stock a “hold” rating in a report on Friday, December 1st. Stifel Nicolaus reaffirmed a “hold” rating and issued a $36.50 price target on shares of Pebblebrook Hotel Trust in a report on Sunday, December 3rd. Boenning Scattergood reaffirmed a “hold” rating on shares of Pebblebrook Hotel Trust in a report on Wednesday, October 25th. Finally, Royal Bank of Canada reaffirmed a “buy” rating and issued a $35.00 price target on shares of Pebblebrook Hotel Trust in a report on Wednesday, October 25th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $36.61.
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About Pebblebrook Hotel Trust
Pebblebrook Hotel Trust is an internally managed hotel investment company. The Company is a real estate investment trust (REIT) that acquires and invests in hotel properties located primarily in cities of the United States. As of December 31, 2016, the Company owned 29 hotels with a total of 7,219 guest rooms.
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