Media headlines about Pebblebrook Hotel Trust (NYSE:PEB) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest 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 45.4134647367474 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Zacks: Brokerages Anticipate Pebblebrook Hotel Trust (PEB) to Post $0.73 EPS (americanbankingnews.com)
- Pebblebrook Hotel Trust, LaSalle Hotel Enter Approx. $5.2 Bln Merger Deal (nasdaq.com)
- LaSalle, Pebblebrook Move Forward With $5.2B Merger As Blackstone Backs Down (bisnow.com)
- LaSalle board opts for $5.2b Pebblebrook deal (hotelnewsnow.com)
- Pebblebrook Hotel Trust and LaSalle Hotel Properties Announce $5.2 Billion Merger (hotelnewsresource.com)
Shares of PEB opened at $37.25 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.55. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 14.49, a price-to-earnings-growth ratio of 2.92 and a beta of 1.25. Pebblebrook Hotel Trust has a 12-month low of $32.73 and a 12-month high of $41.65.
Pebblebrook Hotel Trust (NYSE:PEB) last announced its earnings results on Wednesday, July 25th. The real estate investment trust reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.05. The company had revenue of $206.50 million during the quarter, compared to analysts’ expectations of $207.37 million. Pebblebrook Hotel Trust had a net margin of 15.71% and a return on equity of 7.99%. The firm’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.75 earnings per share. research analysts anticipate that Pebblebrook Hotel Trust will post 2.64 earnings per share for the current year.
Several brokerages recently commented on PEB. ValuEngine cut shares of Pebblebrook Hotel Trust from a “buy” rating to a “hold” rating in a research note on Monday, June 18th. Zacks Investment Research upgraded shares of Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research report on Saturday, July 28th. Finally, Royal Bank of Canada restated a “buy” rating and set a $40.00 target price on shares of Pebblebrook Hotel Trust in a research report on Wednesday, August 15th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $39.50.
About Pebblebrook Hotel Trust
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. The Company owns hotels located in 9 states and the District of Columbia, including: Los Angeles, California (Beverly Hills, Santa Monica and West Hollywood); San Diego, California; San Francisco, California; Washington, DC; Coral Gables, Florida; Naples, Florida; Buckhead, Georgia; Boston, Massachusetts; Minneapolis, Minnesota; Portland, Oregon; Philadelphia, Pennsylvania; Nashville, Tennessee; Columbia River Gorge, Washington; and Seattle, Washington.
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.