Pebblebrook Hotel Trust (PEB) is scheduled to release third-quarter 2024 earnings results on Nov. 7, after market close. While the company’s quarterly results are likely to display a year-over-year rise in revenues, adjusted funds from operations (FFO) per share might display a decline.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the previous quarter, this Bethesda, MD-based lodging real estate investment trust (REIT) reported an adjusted FFO per share of 69 cents, surpassing ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental ...

Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Pebblebrook Hotel (PEB) or Omega Healthcare Investors (OHI) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companie ...

Pebblebrook Hotel (PEB) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, PEB broke out above the 50-day moving average, suggesting a shortterm bullish trend. The 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. It's one of three major moving averages, but takes precedent because it's the first sign of an up or down trend. Shares of PE ...

Pebblebrook Hotel Trust (PEB) witnessed same-property total revenues growth of 1.7% in July on a yearover-year basis. Per its recently released update, this was driven by a 4.3% rise in non-room revenue. The company noted that for the overall portfolio, same-property revenue per available room ("RevPAR") exhibited a year-over-year increase of 0.3%, mainly driven by a 3.1% rise in occupancy. However, a 2.8% decrease in average daily rate ("ADR") hurt RevPAR to some extent. Management expects July to be the s ...

Pebblebrook Hotel (PEB) has been on a downward spiral lately with significant selling pressure. After declining 9.9% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. How to Determine if a Stock is Oversold We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether ...

Right now, Pebblebrook Hotel is sporting a Zacks Rank of #1 (Strong Buy), while Omega Healthcare Investors has a Zacks Rank of #2 (Buy). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that PEB has an improving earnings outlook. But this is only part of the picture for value investors. PEB currently has a forward P/E ratio of 8.65, while OHI has a forward P/E of 13.13. We also note that PEB has a PEG ratio of 0.62. This po ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with hi ...

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 M ...

The reported revenue compares to the Zacks Consensus Estimate of $399.38 million, representing a surprise of -0.57%. The company delivered an EPS surprise of +15.00%, with the consensus EPS estimate being $0.60. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Shares of Pebblebrook Hotel have returned +4% over the past month versus th ...