Pebblebrook Hotel Trust (PEB) Expected to Announce Quarterly Earnings on Wednesday

Pebblebrook Hotel Trust (NYSE:PEB) is expected to post its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect Pebblebrook Hotel Trust to post earnings of $0.12 per share and revenue of $331.90 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Pebblebrook Hotel Trust Stock Down 3.2 %

PEB stock opened at $11.89 on Monday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.78. Pebblebrook Hotel Trust has a 52 week low of $11.65 and a 52 week high of $16.61. The stock has a market capitalization of $1.42 billion, a PE ratio of -41.00, a price-to-earnings-growth ratio of 0.60 and a beta of 1.85. The firm has a 50 day moving average of $13.26 and a 200 day moving average of $13.13.

Pebblebrook Hotel Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.01 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.04 annualized dividend and a dividend yield of 0.34%. Pebblebrook Hotel Trust’s payout ratio is currently -13.79%.

Wall Street Analyst Weigh In

PEB has been the subject of a number of research reports. Truist Financial lowered their price target on Pebblebrook Hotel Trust from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Tuesday, February 4th. Stifel Nicolaus raised Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating and lifted their target price for the stock from $14.75 to $15.00 in a report on Friday, November 22nd. Robert W. Baird cut their price target on shares of Pebblebrook Hotel Trust from $15.00 to $14.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Wedbush lowered shares of Pebblebrook Hotel Trust from a “neutral” rating to an “underperform” rating and set a $13.00 price target for the company. in a research report on Thursday, January 2nd. Finally, Compass Point raised shares of Pebblebrook Hotel Trust from a “neutral” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Pebblebrook Hotel Trust currently has an average rating of “Hold” and a consensus price target of $14.17.

Pebblebrook Hotel Trust Company Profile

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust ("REIT") and the largest owner of urban and resort lifestyle hotels and resorts in the United States. The Company owns 47 hotels and resorts, totaling approximately 12,200 guest rooms across 13 urban and resort markets.