Pebblebrook Hotel Trust (PEB)

Over the past six months, Pebblebrook Hotel Trust's stock price has decreased by 14.87%. Analyst ratings have varied, with Truist Securities maintaining a "Hold" rating, Baird upgrading to "Outperform", Barclays initiating coverage with an "Underweight" rating, and Wells Fargo maintaining an "Equal-Weight" rating. Pebblebrook Hotel Trust reported its Q3 2025 earnings on November 5, 2025, with an EPS of $0.51, beating the consensus estimate of $0.50. The company released its 2024 results and provided a 2025 outlook on February 26, 2025, highlighting a sustained recovery in business group and transient demand. Q2 2025 earnings showed a year-over-year decline in net income but exceeded guidance on Adjusted EBITDAre and Adjusted FFO per diluted share. The company updated its earnings guidance for Q4 and full-year 2025 in December and November 2025, respectively. Tragic events in Los Angeles submarkets were noted to have significantly impacted hotel demand in 2024.

Demand for Pebblebrook Hotel Trust's products and services exhibits seasonality. The company's 2024 results indicated a sustained recovery in both business group and transient demand. Pebblebrook is expected to benefit from major citywide events, convention calendars, and sports/entertainment spectacles from 2026 to 2028, which are anticipated to significantly boost occupancy, average daily rates (ADR), and revenue growth in its core urban markets.

Pebblebrook Hotel Trust is a publicly traded REIT specializing in acquiring and investing in upper upscale, full-service hotel and resort properties. The company's portfolio includes 46 hotels with 11,933 rooms across the United States, focusing on urban markets in major gateway cities. While many of its properties are independent, Pebblebrook also owns and operates hotels under well-known brands. The company generates revenue primarily through room rentals, food and beverage services, and other hotel operations.

Pebblebrook Hotel Trust's geographic footprint spans ten states and the District of Columbia, encompassing 16 major markets including cities in California, Florida, Georgia, Maryland, Massachusetts, Minnesota, New York, Oregon, Pennsylvania, Washington, and Washington D.C.

Pebblebrook Hotel Trust actively manages its brand reputation through its commitment to corporate sustainability. The company released its seventh annual Corporate Sustainability Report, detailing its 2024 performance and ongoing progress in responsible business practices. The report highlighted alignment with all 17 United Nations Sustainability Goals (SDGs), investments in physical asset resiliency, and initiatives to reduce resource-intensive practices. Significant environmental progress was reported, including reductions in greenhouse gas emissions, energy intensity, and waste intensity. In 2023, the company also announced nominations and winners for its 11th Annual Pebby Awards.

Institutional investors hold the vast majority of shares in Pebblebrook Hotel Trust, accounting for 93.9% of the company's ownership. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, UBS Group AG, and others. Individual insiders hold 1.82% of the shares, while hedge funds hold 4.21%.