Pebblebrook Hotel Trust (NYSE:PEB) to Issue Quarterly Dividend of $0.01

Pebblebrook Hotel Trust (NYSE:PEB) declared a quarterly dividend on Tuesday, September 15th. Investors of record on Wednesday, September 30th will be given a dividend of 0.01 per share by the real estate investment trust on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Wednesday, September 30th.

Pebblebrook Hotel Trust has a payout ratio of -9.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Pebblebrook Hotel Trust to earn $1.65 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 2.4%.

Pebblebrook Hotel Trust Price Performance

NYSE PEB traded up $0.21 during trading hours on Tuesday, reaching $18.16. 1,819,362 shares of the stock traded hands, compared to its average volume of 2,389,263. The stock has a 50 day simple moving average of $18.47 and a two-hundred day simple moving average of $16.09. Pebblebrook Hotel Trust has a 1 year low of $9.99 and a 1 year high of $19.93. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.34 and a quick ratio of 1.34. The company has a market cap of $2.05 billion, a price-to-earnings ratio of -26.32, a price-to-earnings-growth ratio of 1.22 and a beta of 1.40.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.56. The firm had revenue of $407.14 million during the quarter, compared to analysts’ expectations of $400.05 million. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The company’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 EPS. Pebblebrook Hotel Trust has set its Q3 2026 guidance at 0.480-0.520 EPS and its FY 2026 guidance at 1.690-1.760 EPS. On average, analysts predict that Pebblebrook Hotel Trust will post 1.7 EPS for the current fiscal year.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust that owns and invests in upper-upscale and luxury hotels and resorts. The company’s portfolio includes independent, boutique and branded properties serving business and leisure travelers.

Pebblebrook focuses primarily on hotels in major urban and resort destinations across the United States, including markets on the West Coast, in the Northeast, the Southeast and other metropolitan and resort regions.