Pebblebrook Hotel Trust: Heavily Discounted, I'm Buying The 8.5% Yielding Series H Preferreds
Portfolio Pulse from
Pebblebrook Hotel Trust has improved its liquidity, ending fiscal 2024 Q4 with $217.6 million in cash, up 5.6% sequentially. The REIT plans to reduce capital investments in 2025 and 2026, enhancing liquidity and enabling common share buybacks. The Series H preferreds offer an 8.5% yield, trading at 68 cents on the dollar.
March 01, 2025 | 10:30 am
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POSITIVE IMPACT
Pebblebrook Hotel Trust's liquidity improved with $217.6M in cash, a 5.6% increase. Reduced capital investments in 2025-2026 will further enhance liquidity, supporting common share buybacks. Series H preferreds offer an 8.5% yield, trading at a discount.
The improved liquidity and reduced capital investment outlook for Pebblebrook Hotel Trust are positive indicators for the company's financial health. This supports the potential for common share buybacks and makes the Series H preferreds attractive with an 8.5% yield, likely boosting investor interest and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100