Pebblebrook Hotel Trust (NYSE:PEB) Raised to “Strong-Buy” at Zacks Research

Pebblebrook Hotel Trust (NYSE:PEB) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

PEB has been the subject of several other reports. Weiss Ratings raised Pebblebrook Hotel Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, April 29th. Stifel Nicolaus upped their price target on Pebblebrook Hotel Trust from $14.50 to $16.25 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Morgan Stanley upped their price target on Pebblebrook Hotel Trust from $10.00 to $12.00 and gave the company an “underweight” rating in a research report on Tuesday, May 12th. Citigroup upped their price target on Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Finally, Barclays upped their price target on Pebblebrook Hotel Trust from $9.00 to $13.00 and gave the company an “underweight” rating in a research report on Monday, June 1st. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, Pebblebrook Hotel Trust currently has a consensus rating of “Hold” and an average target price of $14.98.

Pebblebrook Hotel Trust Stock Up 4.6%

Shares of NYSE PEB opened at $19.35 on Monday. The company has a 50 day simple moving average of $14.94 and a 200 day simple moving average of $13.04. The firm has a market cap of $2.19 billion, a PE ratio of -24.18, a price-to-earnings-growth ratio of 1.61 and a beta of 1.45. Pebblebrook Hotel Trust has a 1 year low of $9.28 and a 1 year high of $19.39. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.04 and a quick ratio of 1.04.

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 (EPS) for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.05. The business had revenue of $345.66 million during 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 firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the business earned $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. On average, research analysts forecast that Pebblebrook Hotel Trust will post 1.59 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of PEB. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Pebblebrook Hotel Trust in the 1st quarter worth approximately $34,000. Quadrant Capital Group LLC lifted its position 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 worth $36,000 after purchasing 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 worth approximately $38,000. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of 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 worth $39,000 after purchasing an additional 865 shares during the period. Finally, Hantz Financial Services Inc. lifted its position in shares of 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 worth $57,000 after purchasing an additional 3,296 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.