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

13.57

Mkt cap

1.6B

Volume

255K

High

13.69

P/E Ratio

-54.28

52-wk high

16.65

Low

13.43

Div yield

0.00

52-wk low

11.65

Pebblebrook Hotel Trust's preferred shares, particularly Series E, offer attractive yields with a 10% discount to principal value. The REIT's FFO and AFFO performance are strong, maintaining a low payout ratio for preferred dividends.

Portfolio Pulse from

December 02, 2024 | 3:45 pm

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.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:14 pm

Pebblebrook Hotel Trust reports negative AFFO for Q3, Q4, and FY 2024 due to the impact of named storms, with significant losses in net income and revenue.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:20 pm

Pebblebrook Hotel Trust anticipates a negative financial impact from Hurricane Milton and other recent storms, affecting its performance in Q3 and Q4 2024. The company projects a net income loss of $11.5 million for the full year, with declines in RevPAR, total revenue, and EBITDA.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:10 pm

Truist Securities has maintained a Hold rating on Pebblebrook Hotel (NYSE:PEB) but lowered the price target from $15 to $14.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:30 pm

Hurricane Helene caused significant devastation in the southeastern US, affecting power and insurance sectors. Duke Energy faced major outages, while insurers like AIG and Allstate are assessing potential losses. REITs reported minimal damage.

Portfolio Pulse from Hayden Buckfire

October 01, 2024 | 6:21 pm

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