Pebblebrook Hotel Trust (PEB) AI Stock Analysis

NYSE: PEBAI research summary: business, growth, valuation, analysts, bull and bear case.

PEB AI stock analysis summary

AI Research

Pebblebrook Hotel Trust is a lodging real estate investment trust holding 53 urban and resort lifestyle hotels across 14 markets. The company generated $1.48B in FY2025 revenue but remained unprofitable with net income of -$65.8M. Over the trailing twelve months, revenue reached $1.50B alongside an operating margin of 14.3%.

Market cap
$2.19B
Revenue (TTM)
$1.50B
P/E
—
fwd 24.6x
1Y return
81.1%
S&P 500 16.8%
Avg. target
$19.32
-0.9% vs last close

Bull case

  • The stock demonstrated strong momentum with a 1-year return of 81.1%, significantly outpacing the S&P 500 return of 16.8%.
  • Pebblebrook maintains cash generation, reporting FY2025 operating cash flow of $249.7M and free cash flow of $152.3M.
  • The trust trades at a price-to-sales ratio of 1.5x, well below the US-listed Real Estate peer median of 3.7x.

Bear case

  • The company has reported recurring annual net losses, including a net loss of -$65.8M in FY2025 and an EPS of -$0.68 over the trailing twelve months.
  • Leverage remains substantial with total debt of $2.46B and net debt of $2.20B as of June 30, 2026.
  • Short interest is elevated, with short percent of float standing at 28.4%.

What Pebblebrook Hotel does

Pebblebrook Hotel Trust is a publicly traded real estate investment trust and the largest owner of urban and resort lifestyle hotels in the United States. Its portfolio includes 53 hotels and approximately 13,200 guestrooms across 14 distinct urban and resort markets, with a strategic emphasis on west coast gateway cities. The trust targets high-quality properties in dynamic urban centers and popular resort locations, providing lifestyle and luxury accommodations. Pebblebrook focuses on maximizing operational efficiency, optimizing property-level revenue streams, enhancing guest satisfaction, and improving underlying real estate values while complying with REIT governance standards.

Growth and profitability

Revenue expanded from $733.0M in FY2021 to $1.48B in FY2025, supported by a 5-year revenue CAGR of 27.2%. However, annual top-line growth slowed from 89.9% in FY2022 to 2.3% in FY2024 and 1.5% in FY2025. The company posted consecutive annual net losses, moving from -$184.9M in FY2021 to -$4.2M in FY2024 before widening to -$65.8M in FY2025. Operating margin was 5.1% in FY2025, down from 5.8% in FY2024. In the latest quarter ended June 30, 2026, revenue dipped 0.1% year-over-year, while quarterly earnings grew 189.2% and trailing twelve month revenue totaled $1.50B.

PEB income statement →

Balance sheet and cash flow

As of June 30, 2026, Pebblebrook held $261.0M in cash and short-term investments against total debt of $2.46B, resulting in net debt of $2.20B. Shareholders' equity was $2.42B, and total assets stood at $5.28B. The company recorded a current ratio of 0.87 and a debt-to-equity ratio of 1.02. In FY2025, operating cash flow reached $249.7M and free cash flow was $152.3M. Capital deployment in FY2025 included $97.4M in capital expenditures, $78.7M for share buybacks, and $51.9M in dividends paid.

PEB balance sheet →

Valuation and performance

Pebblebrook trades at a forward P/E of 24.6x, compared to the median of 23.5x for its US-listed Real Estate peers. Its price-to-sales ratio sits at 1.5x versus the peer median of 3.7x, while its EV-to-EBITDA multiple is 15.0x compared to the peer median of 14.7x. The company's price-to-book ratio is 0.9x. PEB's stock price gained 81.1% over the past year, outperforming the S&P 500 (SPY) return of 16.8%. Over a 5-year span, the stock fell 12.8%, trailing the benchmark gain of 83.0%.

PEB key metrics →

PEB dividend

Pebblebrook pays a forward annual dividend of $0.04 per share, translating to a dividend yield of 0.21%. The distribution is paid quarterly with a payout ratio of 5.5%. The trust has paid dividends for 17 consecutive years, though its 5-year annualized dividend growth is 0.0%. The last ex-dividend date occurred on September 30, 2026.

PEB dividend history →

What analysts expect

Wall Street coverage consists of 3 Strong Buy, 1 Buy, 9 Hold, 2 Sell, and 1 Strong Sell ratings. The mean price target is $19.32, which is 0.9% below the last close of $19.49. For the fiscal year ending December 31, 2026, analysts estimate an EPS of -$0.28 on revenue of $1.48B. The company beat EPS estimates in each of the last 4 quarters, and its next earnings date is October 29, 2026.

PEB forecast and price target →

Key risks and what to watch

  • Liquidity pressure exists as the current ratio stood at 0.87 as of June 30, 2026.
  • Revenue growth has stalled, showing a 0.1% year-over-year decline in the quarter ended June 30, 2026.
  • The stock carries elevated market volatility reflected in a beta of 1.44.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this PEB AI stock analysis

This page is an AI-written research summary of Pebblebrook Hotel Trust (PEB). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: PEB income statement, PEB balance sheet, PEB key metrics, PEB analyst forecast, PEB chart. See the PEB stock overview for the latest quote and news.

PEB AI stock analysis FAQ

What dividend does Pebblebrook Hotel Trust pay?

Pebblebrook pays an annual forward dividend of $0.04 per share distributed quarterly, representing a dividend yield of 0.21%. It has maintained dividend distributions for 17 consecutive years.

How large is Pebblebrook Hotel Trust's property portfolio?

The trust holds 53 hotels encompassing approximately 13,200 guestrooms across 14 urban and resort markets, primarily located in west coast gateway cities.

What is the consensus analyst outlook for PEB?

Analyst sentiment is balanced with 9 Hold, 4 Buy-equivalent, and 3 Sell-equivalent ratings. The mean price target is $19.32, sitting 0.9% below the last closing price of $19.49.

When does Pebblebrook report its next quarterly results?

Pebblebrook Hotel Trust is scheduled to report its next earnings on October 29, 2026, following 4 consecutive quarters of beating EPS estimates.

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