Media coverage about Pebblebrook Hotel Trust (NYSE:PEB) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pebblebrook Hotel Trust earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 45.9455576712148 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
PEB has been the subject of several recent analyst reports. Janney Montgomery Scott upgraded shares of Pebblebrook Hotel Trust from a “neutral” rating to a “buy” rating and raised their target price for the stock from $31.00 to $40.00 in a research note on Wednesday, September 27th. BTIG Research upgraded shares of Pebblebrook Hotel Trust from a “neutral” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Friday, September 22nd. ValuEngine upgraded shares of Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. BidaskClub upgraded shares of Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $35.00 price objective on shares of Pebblebrook Hotel Trust in a research note on Wednesday, October 25th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. Pebblebrook Hotel Trust presently has an average rating of “Hold” and an average target price of $35.94.
Pebblebrook Hotel Trust (NYSE:PEB) traded up $0.26 during trading on Thursday, reaching $37.03. 408,762 shares of the company were exchanged, compared to its average volume of 785,661. Pebblebrook Hotel Trust has a 52-week low of $26.21 and a 52-week high of $37.63. The stock has a market capitalization of $2,527.00, a P/E ratio of 13.78, a price-to-earnings-growth ratio of 1.54 and a beta of 1.21. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.56.
Pebblebrook Hotel Trust (NYSE:PEB) last released its quarterly earnings data on Monday, October 23rd. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.49. Pebblebrook Hotel Trust had a net margin of 12.98% and a return on equity of 6.63%. The company had revenue of $201.80 million during the quarter, compared to the consensus estimate of $198.11 million. During the same period in the previous year, the firm earned ($0.61) earnings per share. Pebblebrook Hotel Trust’s revenue for the quarter was down 3.4% on a year-over-year basis. analysts anticipate that Pebblebrook Hotel Trust will post 2.51 EPS for the current fiscal year.
Pebblebrook Hotel Trust declared that its board has approved a share repurchase program on Thursday, July 27th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to repurchase up to 4.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s management believes its stock is undervalued.
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.
Receive News & Ratings for Pebblebrook Hotel Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pebblebrook Hotel Trust and related companies with MarketBeat.com's FREE daily email newsletter.