Pebblebrook Hotel Trust (PEB) Projected to Post Earnings on Wednesday

Pebblebrook Hotel Trust (NYSE:PEB) will likely be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce 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 Trading Down 3.2 %

PEB 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. The stock’s fifty day moving average is $13.26 and its two-hundred day moving average is $13.13. The company has a market capitalization of $1.42 billion, a P/E ratio of -41.00, a PEG ratio of 0.60 and a beta of 1.85. Pebblebrook Hotel Trust has a 52 week low of $11.65 and a 52 week high of $16.61.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently declared 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 of this dividend was Tuesday, December 31st. This represents a $0.04 annualized dividend and a dividend yield of 0.34%. Pebblebrook Hotel Trust’s dividend payout ratio is currently -13.79%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wells Fargo & Company lowered their price objective on shares of Pebblebrook Hotel Trust from $16.00 to $13.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 18th. Truist Financial lowered their price target on shares of 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. Wedbush downgraded shares of Pebblebrook Hotel Trust from a “neutral” rating to an “underperform” rating and set a $13.00 price objective on the stock. in a research note on Thursday, January 2nd. Stifel Nicolaus raised shares of Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $14.75 to $15.00 in a research note on Friday, November 22nd. Finally, Compass Point raised Pebblebrook Hotel Trust from a “neutral” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Thursday, November 21st. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price 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.