Stifel maintains Buy on Pebblebrook Hotel, raises target to $20.25

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Radhika SScanX News Team
Key Highlights

Stifel analyst Simon Yarmak maintained a Buy rating on Pebblebrook Hotel and raised the price target to $20.25 from $18, signaling a positive outlook for the NYSE-listed hospitality firm.

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Stifel analyst Simon Yarmak has maintained a Buy rating on Pebblebrook Hotel, citing an improved outlook for the hospitality firm. The firm raised its price target for the stock to $20.25, increasing the valuation from the previous target of $18.

The revised price target reflects a more optimistic view of the company's potential performance. Pebblebrook Hotel trades on the NYSE under the ticker symbol PEB.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors are driving the improved outlook for Pebblebrook Hotel?

How might the hospitality industry's recovery impact Pebblebrook's performance in the coming quarters?

What risks could challenge the achievement of the new $20.25 price target?

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Pebblebrook Hotel Trust declares $0.01 dividend for Q2 2026

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Reviewed by
Naman SScanX News Team
Key Highlights

Pebblebrook Hotel Trust declared a $0.01 per share common dividend and dividends on four preferred share series for Q2 2026. All dividends are payable on July 15, 2026, to shareholders of record on June 30, 2026.

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Pebblebrook Hotel Trust has declared a quarterly cash dividend of $0.01 per common share of beneficial interest for the second quarter of 2026. The dividend will be paid on July 15, 2026, to shareholders of record as of June 30, 2026. The announcement was made by the company's Board of Trustees.

In addition to the common share dividend, the Board authorized regular quarterly cash dividends on four series of preferred shares. All preferred dividends are payable on July 15, 2026, to shareholders of record as of the Record Date of June 30, 2026.

The following dividends were declared for the preferred shares:

Series Rate Dividend per Share
6.375% Series E Cumulative Redeemable Preferred Share 6.375% $0.39844
6.3% Series F Cumulative Redeemable Preferred Share 6.3% $0.39375
6.375% Series G Cumulative Redeemable Preferred Share 6.375% $0.39844
5.7% Series H Cumulative Redeemable Preferred Share 5.7% $0.35625

Pebblebrook Hotel Trust is a publicly traded real estate investment trust (REIT) and the largest owner of urban and resort lifestyle hotels in the United States. The company owns 43 hotels, totaling approximately 10,900 guest rooms across 13 urban and resort markets.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What factors influenced the Board's decision to maintain such a low common share dividend rate for Q2 2026?

How might the current preferred dividend yields impact Pebblebrook's ability to raise capital in the future?

What are the expectations for occupancy rates and revenue per available room (RevPAR) across Pebblebrook's urban and resort markets for the remainder of 2026?

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