PEB - Pebblebrook Hotel Trust

NYSE - NYSE Delayed Price. Currency in USD
32.51
-0.59 (-1.78%)
At close: 4:02PM EST
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Previous Close33.10
Open33.00
Bid0.00 x 1100
Ask0.00 x 800
Day's Range32.50 - 33.13
52 Week Range26.59 - 41.65
Volume896,093
Avg. Volume2,076,721
Market Cap4.253B
Beta (3Y Monthly)1.63
PE Ratio (TTM)21.01
EPS (TTM)1.55
Earnings DateFeb 25, 2019
Forward Dividend & Yield0.53 (1.64%)
Ex-Dividend Date2018-12-28
1y Target Est35.45
Trade prices are not sourced from all markets
  • Business Wire5 days ago

    Pebblebrook Hotel Trust Completes Sale of the Liaison Capitol Hill

    Pebblebrook Hotel Trust today announced that it has closed on the sale of the 343-room, Liaison Capitol Hill in Washington, D.C. for $111.0 million.

  • GlobeNewswire6 days ago

    Report: Exploring Fundamental Drivers Behind Shopify, Meredith, Pebblebrook Hotel Trust, DXC Technology, MTS, and Biglari — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, Feb. 14, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Markit12 days ago

    See what the IHS Markit Score report has to say about Pebblebrook Hotel Trust.

    Pebblebrook Hotel Trust NYSE:PEBView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate Bearish sentimentShort interest | PositiveShort interest is moderate for PEB with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding PEB totaled $368 million. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Financialsis falling. The rate of decline is very significant relative to the trend shown over the past year. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Three D.C. Kimpton hotels are for sale
    American City Business Journals19 days ago

    Three D.C. Kimpton hotels are for sale

    Pebblebrook Hotel Trust is looking to sell three of its D.C. hotels. The 82-room Hotel Madera, the 99-room Topaz Hotel and the 137-room Rouge Hotel, all Kimpton-managed properties, are being marketed for sale, according to a listing with the owner’s broker, CBRE (NYSE: CBRE).

  • Business Wire29 days ago

    Pebblebrook Hotel Trust Announces the 7th Annual Pebby Award Nominations

    Recognizing the Year’s Best Hotels

  • Why Fundamental Investors Might Love Pebblebrook Hotel Trust (NYSE:PEB)
    Simply Wall St.last month

    Why Fundamental Investors Might Love Pebblebrook Hotel Trust (NYSE:PEB)

    Pebblebrook Hotel Trust (NYSE:PEB) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the Read More...

  • Business Wire2 months ago

    Pebblebrook Hotel Trust Schedules Fourth Quarter 2018 Earnings Release and Conference Call

    Pebblebrook Hotel Trust today announced that it will report its financial and operating results for the quarter ending December 31, 2018 on Monday, February 25, 2019, after the market closes.

  • Pebblebrook Hotel Trust (PEB): Are Hedge Funds Right About This Stock?
    Insider Monkey2 months ago

    Pebblebrook Hotel Trust (PEB): Are Hedge Funds Right About This Stock?

    At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Third Point because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]

  • Behind the deal: Pebblebrook's CEO on how he prevailed with LaSalle
    American City Business Journals2 months ago

    Behind the deal: Pebblebrook's CEO on how he prevailed with LaSalle

    Jon Bortz explains why he doesn’t see the transaction as a hostile takeover in an exclusive interview with WBJ.

  • Business Wire2 months ago

     Pebblebrook Hotel Trust Updates 2018 Outlook to Reflect Acquisition of LaSalle Hotel Properties and the Sale of The Grand Hotel Minneapolis

    BETHESDA, Md.-- -- Pebblebrook Hotel Trust today announced that it has revised its 2018 and fourth quarter 2018 outlook to reflect the acquisition of LaSalle Hotel Properties on November 30, 2018 and the sale of The Grand Hotel Minneapolis on December 4, 2018. The Company’s revised outlook for 2018 is as follows: 2018 Outlook as of December 19, 2018 Variance to Prior Outlook as of November 1, 2018 ...

  • Business Wire2 months ago

    Pebblebrook Hotel Trust Declares Second Prorated Dividend for Fourth Quarter 2018

    Pebblebrook Hotel Trust (PEB) (the “Company”) today announced that, following completion of the Company’s merger with LaSalle Hotel Properties on November 30, 2018, the Company’s Board of Trustees has authorized, and the Company has declared, a prorated cash dividend of $0.1321739 per common share of beneficial interest (“Common Share”), to be paid on January 15, 2019 to shareholders of record as of December 31, 2018 (the “Record Date”). As previously announced on November 19, 2018, in anticipation of its merger with LaSalle Hotel Properties, the Company declared a prorated cash dividend of $0.2478261 per Common Share, to be paid on January 15, 2019 to shareholders of record as of November 29, 2018.

  • Business Wire3 months ago

    Pebblebrook Hotel Trust Completes Sale of the Grand Hotel Minneapolis

    Pebblebrook Hotel Trust today announced that it has closed on the sale of the 140-room, Grand Hotel Minneapolis in Minneapolis, Minnesota for $30.0 million.

  • Is Pebblebrook Hotel Trust (NYSE:PEB) A Healthy REIT?
    Simply Wall St.3 months ago

    Is Pebblebrook Hotel Trust (NYSE:PEB) A Healthy REIT?

    Pebblebrook Hotel Trust is a US$2.4b mid-cap, real estate investment trust (REIT) based in Bethesda, United States. REITs are basically a portfolio of income-producing real estate investments, which are owned Read More...

  • Pebblebrook closes acquisition of LaSalle
    American City Business Journals3 months ago

    Pebblebrook closes acquisition of LaSalle

    Pebblebrook Hotel Trust officially closed its $5.2 billion acquisition of fellow Bethesda hospitality REIT LaSalle Hotel Properties on Friday, ending a long pursuit that was months in the making. LaSalle (NYSE: LHO) shareholders were given 0.92 shares of Pebblebrook (NYSE: PEB) stock per share of LaSalle stock or the cash equivalent of $37.80 per share — which LaSalle claims is a 48 percent premium over its stock price before merger rumors first caused it to sway. The cash component of the deal is fixed at approximately $1.3 billion, according to Securities and Exchange Commission filings.

  • Business Wire3 months ago

    Pebblebrook Hotel Trust Completes Acquisition of LaSalle Hotel Properties

    Pebblebrook Hotel Trust today announced the completion of its previously announced acquisition of LaSalle Hotel Properties . With a portfolio of 64 upper-upscale and luxury hotels in or near 18 key urban markets, the combined company is now the largest owner of independent, lifestyle hotels.

  • Business Wire3 months ago

    Pebblebrook Hotel Trust Increases Credit Facility to $650 Million

    Pebblebrook Hotel Trust announced that it successfully exercised the accordion feature of its existing senior unsecured revolving credit facility, upsizing the total capacity by $200 million, to a total of $650 million of availability.

  • LaSalle shareholders sign off on acquisition by Pebblebrook
    American City Business Journals3 months ago

    LaSalle shareholders sign off on acquisition by Pebblebrook

    Pebblebrook Hotel Trust’s $5.2 billion acquisition of fellow Bethesda hospitality REIT LaSalle Hotel Properties has received the approval of shareholders of both companies. Pebblebrook’s holders signed off Tuesday on the issuance of stock to LaSalle shareholders as part of a deal forged in September following Pebblebrook’s long and complicated pursuit of the company. The final offer that won LaSalle (NYSE: LHO) was 0.92 shares of Pebblebrook (NYSE: PEB) stock per share of LaSalle stock, with up to 30 percent of the shares eligible for cash at $37.80 per share — which LaSalle claims is a 48 percent premium over its stock price before merger rumors first caused it to sway.

  • Business Wire3 months ago

    Pebblebrook Hotel Trust Announces Results of Special Meetings of Shareholders

    Pebblebrook Hotel Trust (PEB) (“Pebblebrook”) announced that shareholders of both Pebblebrook and LaSalle Hotel Properties (LHO) (“LaSalle”) approved proposals relating to Pebblebrook’s acquisition of LaSalle at their separate special meetings of shareholders today. The results from the special meeting of LaSalle’s shareholders indicate that 99% of the shares voted were cast in favor of the proposal to approve Pebblebrook’s proposed acquisition of LaSalle, representing more than 86% of all outstanding LaSalle common shares. The results from the special meeting of Pebblebrook’s shareholders indicate that more than 99% of the shares voted were cast in favor of the proposal to approve the issuance of Pebblebrook common shares in connection with the acquisition.

  • PR Newswire3 months ago

    Lamb Weston Holdings, Maxim Integrated Products and Diamondback Energy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

    NEW YORK , Nov. 26, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 prior to the open of trading on Monday, December 3 : S&P ...

  • Business Wire3 months ago

    Pebblebrook Hotel Trust Declares Prorated Dividend for Fourth Quarter 2018

    Pebblebrook Hotel Trust (PEB) (the “Company”) today announced that in anticipation of its pending merger with LaSalle Hotel Properties (LHO) (“LaSalle”), its Board of Trustees has authorized, and the Company has declared, a prorated cash dividend of $0.2478261 per common share of beneficial interest, to be paid on January 15, 2019 to shareholders of record as of November 29, 2018 (the “Record Date”). Pebblebrook Hotel Trust is a publicly traded real estate investment trust (“REIT”) organized to opportunistically acquire and invest primarily in upper upscale, full-service hotels located in urban markets in major gateway cities. The Company owns 28 hotels, with a total of 6,973 guest rooms.

  • Business Wire3 months ago

    Pebblebrook Hotel Trust Comments on the ISS and Glass Lewis Recommendations for the Proposed Acquisition of LaSalle Hotel Properties

    Pebblebrook Hotel Trust (PEB) (“Pebblebrook”) today commented on the recommendations from proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) in support of Pebblebrook’s proposed acquisition of LaSalle Hotel Properties (LHO) (“LaSalle”). “We are pleased that both ISS and Glass Lewis have recommended that shareholders vote for our proposed acquisition of LaSalle,” said Jon E. Bortz, Chairman, President and Chief Executive Officer of Pebblebrook Hotel Trust.