Pebblebrook Hotel Trust(PEB)

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Should Value Investors Buy Pebblebrook Hotel Trust (PEB) Stock?
ZACKS· 2024-07-30 14:46
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(PEB) - 2024 Q2 - Earnings Call Transcript
2024-07-25 20:55
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 ...
Pebblebrook Hotel (PEB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-07-25 00:00
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 ...
Pebblebrook Hotel Trust(PEB) - 2024 Q2 - Quarterly Results
2024-07-24 20:30
Exhibit 99.1 | --- | --- | |--------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
Pebblebrook Hotel Trust(PEB) - 2024 Q2 - Quarterly Report
2024-07-24 20:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Maryland 27-1055421 (State of Incorporation or Organization) (I.R.S. Employer Identification No.) 4747 Bethesda Avenue, Suite 1100, Bethesda, Maryland 20814 (Address of Principal Executive Offices) (Zip Code) (240) 507-1300 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...
Pebblebrook Hotel Trust: 7.5% Preferred Yield Acceptable, But Better Opportunities Elsewhere
Seeking Alpha· 2024-06-27 14:30
Art Wager/iStock Unreleased via Getty Images Introduction After discussing some series of preferred shares issued by other companies I wanted to have a closer look at the preferred shares issued by Pebblebrook Hotel Trust (NYSE:PEB). I already have a long position in the Chatham and RLJ Lodging Trust preferred shares and I don't mind exposure to the hospitality sector as long as I can rely on the (preferred) dividend income. YCharts Data by The hotel REIT's performance is more than acceptable Although the F ...
Pebblebrook's (PEB) Same-Property Revenues Improve in May
ZACKS· 2024-06-25 18:40
For PEB's urban portfolio, same-property urban occupancy improved 3.3 percentage points, while ADR witnessed a rise of 3%. The Zacks Consensus Estimate for LAMR's current-year FFO per share has moved 3.7% north in the past two months to $8.03. In May, the company witnessed same-property total revenue growth of 7.3% on a year-over-year basis. This was driven by a 7.8% rise in non-room revenues. Its same-property expenses per occupied room decreased 7.8%, or 2.7%, when excluding the positive impact of real es ...
Pebblebrook's (PEB) Same-Property Revenues Decline Y/Y in April
zacks.com· 2024-05-24 19:06
Per Pebblebrook Hotel Trust's (PEB) recently released update, though non-room revenues increased 0.5% in April, same-property total revenues fell 1.2% year over year. Its same-property expenses increased 2.5%. The overall performance in April was affected due to the calendar shifts of Easter and Passover, as well as moving out of several large conventions to other months. Shares of the company witnessed a 4.6% decline on the NYSE, following the announcement through the May 23 closing session. The company no ...
Pebblebrook Hotel Trust(PEB) - 2024 Q1 - Earnings Call Transcript
2024-04-24 18:30
Pebblebrook Hotel Trust (NYSE:PEB) Q1 2024 Earnings Conference Call April 24, 2024 8:00 AM ET Company Participants Raymond Martz - Co-President and CFO Jon Bortz - Chairman and CEO Tom Fisher - Co-President and CIO Conference Call Participants Dori Kesten - Wells Fargo Smedes Rose - Citi Floris Van Dijkum - Compass Point Duane Pfennigwerth - Evercore ISI Bill Crow - Raymond James Shaun Kelley - Bank of America Michael Bellisario - Baird Gregory Miller - Truist Securities Anthony Powell - Barclays Operator G ...
Pebblebrook Hotel Trust(PEB) - 2024 Q1 - Quarterly Results
2024-04-23 20:34
PEBBLEBROOK HOTEL TRUST REPORTS FIRST QUARTER 2024 RESULTS | | ▪ Net loss: ($27.5) million | | --- | --- | | Q1 FINANCIAL | (1) ▪ Same-Property RevPAR increased 1.7% vs. Q1 2023, with Urban RevPAR improving 4.9% and Resort RevPAR declining 4.4% | | HIGHLIGHTS | ▪ Same-Property EBITDA of $59.8 million, down $1.4 million, or 2.3%, vs. Q1 2023 (1) | | | (1) | | | ▪ Adjusted EBITDAre of $60.8 million, flat to Q1 2023 | | | (1) ▪ Adjusted FFO per diluted share of $0.21, increasing from $0.18 in Q1 2023 | | | § B ...