PEB icon

Pebblebrook Hotel Trust

12.17 USD
-0.10
0.81%
At close Feb 14, 4:00 PM EST
After hours
12.34
+0.17
1.40%
1 day
-0.81%
5 days
-5.29%
1 month
-8.91%
3 months
-0.98%
6 months
-1.85%
Year to date
-8.29%
1 year
-21.74%
5 years
-51.63%
10 years
-75.71%
 

About: Pebblebrook Hotel Trust currently owns upper upscale and luxury hotels with 11,924 rooms across 46 hotels in the United States. Pebblebrook acquired LaSalle Hotel Properties, which owned 10,451 rooms across 41 US hotels, in November 2018, though management has sold many of those hotels over the past few years. Pebblebrook's portfolio consists mostly of independent hotels with no brand affiliations, though the combined company does own and operate some hotels under Marriott, Starwood, InterContinental, Hilton, and Hyatt brands.

Employees: 58

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

7,852% more call options, than puts

Call options by funds: $53.5M | Put options by funds: $673K

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

32% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 28

3% more funds holding

Funds holding: 243 [Q2] → 250 (+7) [Q3]

4.94% less ownership

Funds ownership: 123.85% [Q2] → 118.91% (-4.94%) [Q3]

8% less capital invested

Capital invested by funds: $2.05B [Q2] → $1.89B (-$156M) [Q3]

33% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 105

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$13
7%
upside
Avg. target
$15.25
25%
upside
High target
$17
40%
upside

4 analyst ratings

positive
50%
neutral
50%
negative
0%
Truist Securities
Gregory Miller
83% 1-year accuracy
5 / 6 met price target
7%upside
$13
Hold
Maintained
4 Feb 2025
Wells Fargo
Dori Kesten
46% 1-year accuracy
13 / 28 met price target
31%upside
$16
Equal-Weight
Maintained
9 Dec 2024
Stifel
Simon Yarmak
43% 1-year accuracy
15 / 35 met price target
23%upside
$15
Buy
Upgraded
22 Nov 2024
Compass Point
Floris Van Dijkum
50% 1-year accuracy
10 / 20 met price target
40%upside
$17
Buy
Upgraded
21 Nov 2024

Financial journalist opinion

Neutral
Business Wire
2 weeks ago
Pebblebrook Hotel Trust Announces Tax Treatment of 2024 Dividends
BETHESDA, Md.--(BUSINESS WIRE)---- $PEB #REIT--Pebblebrook Hotel Trust Announces Tax Treatment of 2024 Dividends.
Pebblebrook Hotel Trust Announces Tax Treatment of 2024 Dividends
Neutral
Business Wire
3 weeks ago
Pebblebrook Hotel Trust Announces the 13th Annual Pebby Award Nominations
HOLLYWOOD, Calif.--(BUSINESS WIRE)---- $PEB #REIT--Pebblebrook Hotel Trust Announces the 13th Annual Pebby Award Nominations.
Pebblebrook Hotel Trust Announces the 13th Annual Pebby Award Nominations
Neutral
Business Wire
1 month ago
Pebblebrook Hotel Trust Schedules Fourth Quarter 2024 Earnings Release and Conference Call
BETHESDA, Md.--(BUSINESS WIRE)---- $PEB #REIT--Pebblebrook Hotel Trust Schedules Fourth Quarter 2024 Earnings Release and Conference Call.
Pebblebrook Hotel Trust Schedules Fourth Quarter 2024 Earnings Release and Conference Call
Neutral
Business Wire
2 months ago
Pebblebrook Hotel Trust Declares Dividends for Fourth Quarter 2024
BETHESDA, Md.--(BUSINESS WIRE)---- $PEB #REIT--Pebblebrook Hotel Trust Declares Dividends for Fourth Quarter 2024.
Pebblebrook Hotel Trust Declares Dividends for Fourth Quarter 2024
Positive
Seeking Alpha
2 months ago
Goldilocks Data Upholds Fed Cut
U.S. equity markets climbed to fresh record-highs this week, while benchmark interest rates ticked lower, after a critical slate of employment data showed lukewarm labor market trends in November. Viewed as a "Goldilocks" report that effectively locked in a December rate cut, payrolls data showed solid "headline" job growth of 227k in November, but notably weaker trends under the surface. Posting gains for a third straight week to extend its post-election rally to around 7%, the S&P 500 advanced another 0.9% this week - pacing for its best year since 2019.
Goldilocks Data Upholds Fed Cut
Positive
Seeking Alpha
2 months ago
Pebblebrook Hotel Trust: The 7.3% Yielding Preferred Shares Remain Interesting
Pebblebrook Hotel Trust's preferred shares offer attractive yields, with Series E being the most appealing due to its 10% discount to principal value. The REIT's FFO and AFFO performance are strong, with a payout ratio for preferred dividends expected to remain around 20%. Despite a lower yield than previously discussed, Pebblebrook's preferred shares still offer a 300+ bps premium over 5Y and 10Y US Treasury yields.
Pebblebrook Hotel Trust: The 7.3% Yielding Preferred Shares Remain Interesting
Neutral
Seeking Alpha
3 months ago
Pebblebrook Hotel Trust (PEB) Q3 2024 Earnings Call Transcript
Pebblebrook Hotel Trust (NYSE:PEB ) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Raymond Martz - Co-President, Chief Financial Officer, Treasurer and Secretary Jon Bortz - Chairman, President and Chief Executive Officer Thomas Fisher - Co-President and Chief Investment Officer Conference Call Participants Dori Kesten - Wells Fargo Jay Kornreich - Wedbush Securities Smedes Rose - Citi Ari Klein - BMO Capital Markets Duane Pfennigwerth - Evercore ISI Gregory Miller - Truist Securities Michael Bellisario - Baird Operator Greetings and welcome to Pebblebrook Hotel Trust Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.
Pebblebrook Hotel Trust (PEB) Q3 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
3 months ago
Pebblebrook Hotel (PEB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Pebblebrook Hotel (PEB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Pebblebrook Hotel (PEB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Positive
Zacks Investment Research
3 months ago
Pebblebrook Hotel (PEB) Q3 FFO and Revenues Beat Estimates
Pebblebrook Hotel (PEB) came out with quarterly funds from operations (FFO) of $0.59 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to FFO of $0.61 per share a year ago.
Pebblebrook Hotel (PEB) Q3 FFO and Revenues Beat Estimates
Neutral
Business Wire
3 months ago
Pebblebrook Hotel Trust Reports Third Quarter 2024 Results
BETHESDA, Md.--(BUSINESS WIRE)---- $PEB #REIT--Pebblebrook Hotel Trust Reports Third Quarter 2024 Results.
Pebblebrook Hotel Trust Reports Third Quarter 2024 Results
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