Pebblebrook Hotel Trust

Pebblebrook Hotel Trust is a real estate investment trust, engages in investments and acquisitions in hotel properties. Its hotels are located in markets like Atlanta, Georgia, Boston, Massachusetts, Chicago, Illinois, Key West, Miami and Naples, Florida, Los Angeles, San Diego and San Francisco, California, Nashville, Tennessee, New York, New York, Philadelphia, Pennsylvania, Portland, Oregon, and Seattle, Washington. The company was founded by Jon E. Bortz on October 2, 2009 and is headquartered in Bethesda, MD.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Pebblebrook Hotel Trust (PEB) reports stellar Q4 performance and strategic growth outlook

Pebblebrook Hotel Trust (PEB) delivered stellar financial results in Q4 2022, showcasing robust growth and strategic portfolio transformation. While facing challenges from severe weather and post-pandemic uncertainties, the company remains focused on capital improvements and maximizing shareholder value. With opportunities in strategic redevelopment and strong demand trends in key markets, Pebblebrook is poised for continued success.

Pebblebrook Hotel Trust surpasses Q1 expectations amidst market challenges

Pebblebrook Hotel Trust delivered strong financial performance in Q1 2023, driven by revenue growth and strategic investments. Despite cost pressures and market-specific challenges, the company remains optimistic about demand recovery and asset sales opportunities in urban markets.

Pebblebrook Hotel Trust surpasses earnings expectations, eyes international travel rebound

Pebblebrook Hotel Trust delivered strong financial performance, exceeding expectations and demonstrating resilience in key markets. Challenges like weather impacts and shareholder orientation were noted, alongside opportunities in low supply growth and international travel recovery.
The company's strategic strengths include market share gains, successful redevelopments, and ongoing efforts to enhance property value. With a focus on revenue growth and cost management, Pebblebrook remains well-positioned for future growth.
Despite challenges in transaction volumes and international travel, Pebblebrook's proactive approach to acquisitions and market positioning offers promising opportunities for continued success. The company's focus on margin improvement and strategic investments bodes well for long-term performance.

Pebblebrook Hotel Trust surpasses Q3 expectations amidst industry challenges

Pebblebrook Hotel Trust navigated challenges in Q3 to achieve strong performance in urban markets, driven by effective cost management. With a focus on strategic capital allocation and revenue-enhancing investments, the company is poised for growth despite industry headwinds.

Pebblebrook Hotel Trust exceeds Q4 expectations, eyes urban market growth

Pebblebrook Hotel Trust's Q4 2023 showcased strong financial performance and positive market positioning. Despite challenges, the company remains focused on growth opportunities and enhancing portfolio quality. Strategic initiatives and a focus on major urban markets drive confidence in future performance.

Pebblebrook Hotel Trust surpasses Q1 expectations amidst industry challenges

Pebblebrook Hotel Trust delivered strong Q1 results, outperforming industry peers despite challenges. The company's focus on efficiency, sustainability, and strategic investments positions it well for future growth. While cautious about macroeconomic uncertainties and transaction challenges, Pebblebrook remains active and adaptive in the market.

Pebblebrook Hotel Trust reports resilient Q3 performance amidst challenges

Pebblebrook Hotel Trust demonstrated resilience in Q3 despite challenges.
Strong performance in key markets and efficiency efforts drove positive outcomes.
Challenges from storms and brand transition are being managed strategically.
Opportunities exist for growth and cost savings in the current operational landscape.

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Pebblebrook Hotel (PEB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -9.91% in 4 Weeks, Here's Why You Should You Buy the Dip in Pebblebrook Hotel (PEB)

Omega Healthcare Investors

Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Pebblebrook Hotel (PEB) and Omega Healthcare Investors (OHI). But which of these two stocks presents investors with the better value opportunity right now?

PEB vs. OHI: Which Stock Is the Better Value Option?

Pebblebrook Hotel Trust (NYSE:PEB ) Q2 2024 Earnings Call July 25, 2024 9:30 AM ET Company Participants Raymond Martz - Co-President and Chief Financial Officer Jon Bortz - Chairman and Chief Executive Officer Tom Fisher - Co-President and Chief Investment Officer Conference Call Participants Dori Kesten - Wells Fargo Floris van Dijkum - Compass Point Ari Klein - BMO Capital Markets Duane Pfennigwerth - Evercore ISI Bill Crow - Raymond James Jay Kornreich - Wedbush Securities Shaun Kelley - Bank of America Michael Bellisario - Baird Operator Greetings and welcome to the Pebblebrook Hotel Trust Second Quarter Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

Pebblebrook Hotel Trust (PEB) Q2 2024 Earnings Call Transcript

The headline numbers for Pebblebrook Hotel (PEB) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Pebblebrook Hotel (PEB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Pebblebrook Hotel (PEB) came out with quarterly funds from operations (FFO) of $0.69 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to FFO of $0.62 per share a year ago.

Pebblebrook Hotel (PEB) Q2 FFO Surpass Estimates

BETHESDA, Md.--(BUSINESS WIRE)---- $PEB #REIT--Pebblebrook Hotel Trust Reports Second Quarter 2024 Results.

Pebblebrook Hotel Trust Reports Second Quarter 2024 Results

BETHESDA, Md.--(BUSINESS WIRE)---- $PEB #REIT--Four of Pebblebrook Hotel Trust's Hotels and Resorts Featured in Travel + Leisure's World's Best Awards.

Pebblebrook Hotel Trust's Hotels and Resorts Featured in Travel + Leisure's World's Best Awards

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The travel and vacation industry is back in full swing. Now, many investors who bought in during the COVID-19 pandemic dip are feeling the excitement of a revived market.

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Pebblebrook Hotel Trust's preferred shares offer yields ranging from 7.4% to 7.6%, slightly lower than competitors. The REIT's performance in the first quarter shows strong FFO and AFFO results, with capex exceeding $30M. Full-year guidance suggests AFFO will cover capital expenditures, indicating strong preferred dividend coverage.

Pebblebrook Hotel Trust: 7.5% Preferred Yield Acceptable, But Better Opportunities Elsewhere

Pebblebrook's (PEB) May operating results witness a year-over-year increase in same-property revenues, driven by a rise in non-room revenues.

Pebblebrook's (PEB) Same-Property Revenues Improve in May

BETHESDA, Md.--(BUSINESS WIRE)---- $PEB #hotel--Pebblebrook Hotel Trust Declares Dividends for Second Quarter 2024.

Pebblebrook Hotel Trust Declares Dividends for Second Quarter 2024

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U.S. equity markets snapped a four-week winning streak while benchmark interest rates rebounded as hopes for imminent major central bank monetary easing were curtailed by stubbornly hot U.K. inflation data. Still hovering around all-time highs, the S&P 500 finished fractionally lower, but tech stocks were led higher by chip giant Nvidia on the heels of an impressive "AI-enhanced" earnings report. Halting a four-week rebound and continuing to be swung around by rate movements, real estate equities fell sharply this week as benchmark rates rebounded from one-month lows.

Rally Gets Reality Check

Pebblebrook's (PEB) April operating results saw a decline in same-property revenues. It has also provided updates on the completion of redevelopment projects.

Pebblebrook's (PEB) Same-Property Revenues Decline Y/Y in April

BETHESDA, Md.--(BUSINESS WIRE)---- $PEB #REIT--Pebblebrook Hotel Trust Schedules Second Quarter 2024 Earnings Release and Conference Call.

Pebblebrook Hotel Trust Schedules Second Quarter 2024 Earnings Release and Conference Call

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With a -4.27% average total return in April, REITs have now seen declines in 3 of the first 4 months of 2024. Micro caps (-2.71%) and small caps (-2.87%) averaged low single digit declines in April, while mid-caps (-5.36%) and large caps (-5.99%) performed even worse. 78.71% of REIT securities had a negative total return in April.

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Pebblebrook Hotel Trust (PEB) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for Pebblebrook Hotel (PEB) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Pebblebrook Hotel (PEB) Q1 Earnings: A Look at Key Metrics

BETHESDA, Md.--(BUSINESS WIRE)---- $PEB #REIT--Pebblebrook Hotel Trust Reports First Quarter 2024 Results.

Pebblebrook Hotel Trust Reports First Quarter 2024 Results

Pebblebrook's (PEB) operating results for February match its expectations on continued demand recovery in urban markets.

Pebblebrook's (PEB) February Operating Results Meet Expectations

JEKYLL ISLAND, Ga. , March 18, 2024 /PRNewswire/ -- The iconic Jekyll Island Club Resort and the AAA Four Diamond Jekyll Ocean Club unveiled a stunning $25 million transformation that celebrates the resort's history while reflecting the joyful opulence of the early 20th century.

The Iconic Jekyll Island Club Resort Ushers in a Modern Gilded Age With an Extensive, Design-Forward Reimagining

BETHESDA, Md.--(BUSINESS WIRE)---- $PEB #REIT--Pebblebrook Hotel Trust Schedules First Quarter 2024 Earnings Release and Conference Call.

Pebblebrook Hotel Trust Schedules First Quarter 2024 Earnings Release and Conference Call

BETHESDA, Md.--(BUSINESS WIRE)---- $PEB #hotel--Pebblebrook Hotel Trust Declares Dividends for First Quarter 2024.

Pebblebrook Hotel Trust Declares Dividends for First Quarter 2024

HOLLYWOOD, Calif.--(BUSINESS WIRE)---- $PEB #REIT--Pebblebrook Hotel Trust Announces the 12th Annual Pebby Award Winners.

Pebblebrook Hotel Trust Announces the 12th Annual Pebby Award Winners

Pebblebrook Hotel (PEB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Pebblebrook Hotel (PEB) a New Buy Stock

EastGroup Properties

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Pebblebrook Hotel (PEB) and EastGroup Properties (EGP). But which of these two stocks presents investors with the better value opportunity right now?

PEB or EGP: Which Is the Better Value Stock Right Now?

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