Streetbeat News

PEB

Pebblebrook Hotel Trust

https://www.pebblebrookhotels.com

Industry

REIT - Hotel & Motel

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust ("REIT") and the largest owner of urban and resort lifestyle hotels in the United States. The Company owns 53 hotels, totaling approximately 13,200 guestrooms across 14 urban and resort markets, with a focus on the west coast gateway cities.

Open

12.32

Mkt cap

1.5B

Volume

1.7M

High

12.38

P/E Ratio

-48.76

52-wk high

16.65

Low

11.95

Div yield

0.00

52-wk low

11.65

Pebblebrook Hotel Trust held its Q3 2024 earnings call, discussing financial performance and future outlook. Key participants included company executives and analysts from major financial institutions.

Portfolio Pulse from

November 08, 2024 | 10:15 pm

Pebblebrook Hotel (PEB) released its Q3 earnings, providing insights into its performance compared to Wall Street estimates and year-ago values.

Portfolio Pulse from

November 08, 2024 | 2:15 am

Pebblebrook Hotel (PEB) reported Q3 funds from operations (FFO) of $0.59 per share, surpassing the Zacks Consensus Estimate of $0.53 per share. This is a slight decrease from the $0.61 per share reported a year ago.

Portfolio Pulse from

November 08, 2024 | 1:00 am

Pebblebrook Hotel Trust (PEB) is preparing to report its Q3 earnings, with potential benefits from increased business group, transient, and leisure travel demand. However, high-interest expenses could be a concern.

Portfolio Pulse from

November 06, 2024 | 7:00 pm

Baird analyst Michael Bellisario has maintained a Neutral rating on Pebblebrook Hotel (NYSE:PEB) while lowering the price target from $15 to $14.