PEB - Pebblebrook Hotel Trust

NYSE - NYSE Delayed Price. Currency in USD
32.91
-0.33 (-0.99%)
At close: 4:02PM EST
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Previous Close33.24
Open33.03
Bid15.57 x 3000
Ask36.05 x 1300
Day's Range32.67 - 33.43
52 Week Range31.05 - 41.65
Volume1,144,469
Avg. Volume2,019,773
Market Cap4.221B
Beta (3Y Monthly)1.67
PE Ratio (TTM)21.27
EPS (TTM)1.55
Earnings DateFeb 20, 2019 - Feb 25, 2019
Forward Dividend & Yield0.99 (2.96%)
Ex-Dividend Date2018-11-28
1y Target Est39.60
Trade prices are not sourced from all markets
  • Business Wire2 days 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 Wire11 days 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.12 days 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 Journals12 days 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 Wire15 days 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 Wire17 days 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 Journals18 days 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 Wire18 days 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 Newswire19 days 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 Wire26 days 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.

  • See what the IHS Markit Score report has to say about Pebblebrook Hotel Trust.
    Markit29 days ago

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

    Pebblebrook Hotel Trust NYSE:PEB

  • Business Wirelast month

    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.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of PEB earnings conference call or presentation 2-Nov-18 1:00pm GMT

    Q3 2018 Pebblebrook Hotel Trust Earnings Call

  • GlobeNewswirelast month

    Market Trends Toward New Normal in Pebblebrook Hotel Trust, Rayonier, Pioneer Energy Services, Spirit Aerosystems, ExlService, and New Senior Investment Group — Emerging Consolidated Expectations, Analyst Ratings

    NEW YORK, Nov. 07, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Pebblebrook Hotel Trust (PEB) Q3 2018 Earnings Conference Call Transcript
    Motley Foollast month

    Pebblebrook Hotel Trust (PEB) Q3 2018 Earnings Conference Call Transcript

    PEB earnings call for the period ending September 30, 2018.

  • Pebblebrook Hotel (PEB) Q3 FFO and Revenues Top Estimates
    Zackslast month

    Pebblebrook Hotel (PEB) Q3 FFO and Revenues Top Estimates

    Pebblebrook Hotel (PEB) delivered FFO and revenue surprises of 2.78% and 0.01%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Presslast month

    Pebblebrook Hotel: 3Q Earnings Snapshot

    BETHESDA, Md. (AP) _ Pebblebrook Hotel Trust (PEB) on Thursday reported a key measure of profitability in its third quarter. The results beat Wall Street expectations. The Bethesda, Maryland-based real estate investment trust said it had funds from operations of $51.2 million, or 74 cents per share, in the period.

  • Business Wirelast month

    Pebblebrook Hotel Trust Reports Third Quarter 2018 Results

    Special Meeting to Approve Merger with LaSalle Scheduled for November 27, 2018

  • Business Wirelast month

    Pebblebrook Hotel Trust Originates $1.75 Billion Financing for the Merger with LaSalle Hotel Properties

    Pebblebrook Hotel Trust (PEB) (the “Company”) today announced that it has successfully originated a $1.75 billion term loan (“Term Loan”). The new Term Loan provides funding needed for the Company’s previously announced pending merger with LaSalle Hotel Properties (“LaSalle”), which includes paying off LaSalle’s current outstanding debt balances and other transaction closing costs. The Term Loan’s terms, pricing and covenants are substantially the same as those for the Company’s current outstanding term loans.

  • Simply Wall St.2 months ago

    Should You Be Impressed By Pebblebrook Hotel Trust’s (NYSE:PEB) ROE?

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...

  • Business Wire2 months ago

    Pebblebrook Hotel Trust Clarifies That Cash Election May Be Made after October 23, 2018 Record Date

    Pebblebrook Hotel Trust (PEB) (“Pebblebrook”) today reminded current and future beneficial owners of common shares of LaSalle Hotel Properties (LHO) (“LaSalle”) that, in accordance with the terms of the merger agreement between Pebblebrook and LaSalle, the deadline to elect to receive a portion of the merger consideration in the form of cash is after the record date for the scheduled special meetings of Pebblebrook’s and LaSalle’s shareholders. Although the record date for the special meetings is October 23, 2018, owners of LaSalle common shares may submit an election form, and submit superseding election forms if desired, to elect to receive cash up until 5:00 p.m. on November 26, 2018, which is the day before the special meetings are to be held.

  • Maryland REIT could reap $500M from sale of Boston Westin
    American City Business Journals2 months ago

    Maryland REIT could reap $500M from sale of Boston Westin

    A Maryland REIT will market the 803-room Westin Copley Place in Boston’s Back Bay for sale — it's the fourth-largest hotel in Massachusetts, according the BBJ research.

  • Pebblebrook Hotel Trust (PEB): Moving Average Crossover Alert
    Zacks2 months ago

    Pebblebrook Hotel Trust (PEB): Moving Average Crossover Alert

    Pebblebrook Hotel Trust (PEB) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front

  • GlobeNewswire2 months ago

    Report: Developing Opportunities within Brunswick, Pebblebrook Hotel Trust, Avaya, Braskem S.A, CymaBay Therapeutics, and The Blackstone Group — Future Expectations, Projections Moving into 2018

    NEW YORK, Oct. 10, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Business Wire2 months ago

    Pebblebrook Hotel Trust and LaSalle Hotel Properties Provide Update on Progress Towards Strategic Combination

    Pebblebrook Hotel Trust (PEB) (“Pebblebrook”) and LaSalle Hotel Properties (LHO) (“LaSalle”) announced today that their pending merger transaction is on schedule for a planned closing date of November 30, 2018. Pebblebrook and LaSalle will each hold a special meeting of its shareholders on November 27, 2018 to approve Pebblebrook’s proposed acquisition of LaSalle. Pebblebrook and LaSalle shareholders of record as of the close of business on October 23, 2018 will be entitled to vote at the applicable special meeting of shareholders.