News articles about Pebblebrook Hotel Trust (NYSE:PEB) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pebblebrook Hotel Trust earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 47.5506166056824 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Pebblebrook Hotel Trust (NYSE:PEB) opened at $38.68 on Monday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.31 and a current ratio of 0.31. The firm has a market capitalization of $2,666.99, a P/E ratio of 29.98, a P/E/G ratio of 1.55 and a beta of 1.23. Pebblebrook Hotel Trust has a 1-year low of $26.21 and a 1-year high of $38.96.
Pebblebrook Hotel Trust (NYSE:PEB) last posted its earnings results on Monday, October 23rd. The real estate investment trust reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.49. The business had revenue of $201.80 million for the quarter, compared to analyst estimates of $198.11 million. Pebblebrook Hotel Trust had a return on equity of 6.63% and a net margin of 12.98%. The firm’s revenue was down 3.4% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.61) EPS. analysts anticipate that Pebblebrook Hotel Trust will post 2.51 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 29th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date was Thursday, December 28th. Pebblebrook Hotel Trust’s payout ratio is presently 117.83%.
Several research firms have weighed in on PEB. Robert W. Baird reaffirmed a “hold” rating and set a $38.00 price target on shares of Pebblebrook Hotel Trust in a research report on Friday, January 12th. Barclays reaffirmed a “buy” rating and set a $39.00 price target on shares of Pebblebrook Hotel Trust in a research report on Friday, December 15th. Stifel Nicolaus reaffirmed a “hold” rating and set a $36.50 price target on shares of Pebblebrook Hotel Trust in a research report on Sunday, December 3rd. Zacks Investment Research lowered Pebblebrook Hotel Trust from a “buy” rating to a “hold” rating in a research report on Friday, October 27th. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $35.00 price target on shares of Pebblebrook Hotel Trust in a research report on Wednesday, October 25th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. Pebblebrook Hotel Trust presently has an average rating of “Hold” and a consensus target price of $36.72.
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Pebblebrook Hotel Trust Company Profile
Pebblebrook Hotel Trust is an internally managed hotel investment company. The Company is a real estate investment trust (REIT) that acquires and invests in hotel properties located primarily in cities of the United States. As of December 31, 2016, the Company owned 29 hotels with a total of 7,219 guest rooms.
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