Stifel Reiterates Buy Rating on Pebblebrook Hotel Trust
Analyst Simon Yarmak of Stifel maintains a buy rating with a $20.25 target for Pebblebrook Hotel Trust.
Key Points
- Stifel's Simon Yarmak reiterated a buy rating on Pebblebrook Hotel Trust with a target price of $20.25 on June 18, 2026.
- Pebblebrook Hotel Trust, trading at $18.33, has a market cap of about $2.08 billion, with a 52-week range from $9.28 to $19.60.
- Chairman and CEO Jon Bortz recently purchased 100,000 shares in June 2026, while major funds like BlackRock and Vanguard adjusted their holdings.
Pebblebrook Hotel Trust (NYSE:PEB) received a reaffirmation of confidence from Stifel on June 18, 2026. Analyst Simon Yarmak reiterated his buy rating on the stock, setting a target price of $20.25. Shares of Pebblebrook are currently trading around $18.33.
Other Institutional Activity in Pebblebrook Hotel Trust
BlackRock, Inc. trimmed its holdings in Pebblebrook by 72,524 shares, bringing its total to 20,354,690 shares valued at approximately $257.1 million. Vanguard Portfolio Management LLC significantly increased its stake by 11,268,938 shares, now holding shares worth about $142.3 million. State Street Corp reduced its position by 278,380 shares, ending with 6,509,146 shares valued at about $82.3 million. Meanwhile, Alyeska Investment Group, L.P. and T. Rowe Price Investment Management, Inc. also decreased their stakes, with Alyeska cutting 862,183 shares and T. Rowe Price reducing by 1,254,777 shares.
Pebblebrook Hotel Trust Stock Snapshot
Shares of Pebblebrook Hotel Trust are trading near $18.33. The company has a market cap of roughly $2.08 billion. Despite a negative forward P/E ratio, indicating no current profitability, the stock has shown volatility with a 52-week range from $9.28 to $19.60. Its beta is 1.448, suggesting higher volatility compared to the market. The stock's 50-day moving average is $15.07, while the 200-day moving average stands at $12.50.
Recent Earnings
Pebblebrook Hotel Trust reported revenue of approximately $1.5 billion, with a revenue growth of 7.9%. However, the company posted a net margin of -3.47% and a return on equity of -1.84%. The next earnings report is expected on July 29, 2026.
Dividend
Pebblebrook pays an annual dividend rate of $0.04, yielding 0.21%. The dividend payout ratio is high at 126.37%, reflecting a dividend that exceeds current earnings.
Insider Buying and Selling at Pebblebrook Hotel Trust
Chairman and CEO Jon Bortz made several purchases in June 2026, acquiring a total of 100,000 shares at prices ranging from $16.84 to $18.18. These transactions were not part of a pre-planned trading program.
Analysts Set New Price Targets
On June 18, 2026, Stifel maintained its buy rating on Pebblebrook Hotel Trust, setting a price target of $20.25. Other analysts have mixed views: Barclays maintained a sell rating with a $13.00 target, while Wells Fargo held a neutral stance with a $16.00 target. Truist Securities recently upgraded the stock to a buy, setting a $17.00 target. The consensus recommendation is a hold, with an average target price of $15.70 based on 15 analyst opinions.
About Pebblebrook Hotel Trust
Pebblebrook Hotel Trust is a real estate investment trust based in Bethesda, Maryland. It is the largest owner of urban and resort lifestyle hotels in the United States, with a portfolio of 43 hotels totaling about 10,900 guest rooms across 13 urban and resort markets. The company is led by CEO Jon E. Bortz and employs approximately 52 people.
Bottom Line
Stifel's reaffirmation of its buy rating for Pebblebrook Hotel Trust highlights sustained interest in this real estate investment trust. While the stock trades below its recent highs, insider buying by the CEO and varying institutional moves reflect ongoing interest and activity. Investors should note that analyst ratings are based on current data and can change as market conditions evolve.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
