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Friday, September 29, 2023

Pebblebrook Hotel Trust (PEB): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Pebblebrook Hotel Trust (PEB) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $14.52. The Pebblebrook Hotel Trust has recorded 82,291 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Pebblebrook Hotel Trust Provides Operating Update.

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Stocks Info

This NYSE-listed company operates within the REIT – Hotel & Motel industry segment, falling under the Real Estate sector. At the end of the last regular session, the stock closed at $14.52 and fluctuated between $14.75 as its day high and $14.41 as its day low. The current market capitalization of Pebblebrook Hotel Trust is $1.74B. A total of 0.86 million shares were traded on the day, compared to an average of 2.17M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, PEB has seen 5 BUY and 0 SELL insider trades, representing the acquisition of 51,000 and the disposition of 0 shares. Over the last 12 months, there were 25 BUYs and 8 SELLs from insiders. Insiders purchased 340,417 shares during that period but sold 91,679.

In the most recent transaction, Miller Phillip M. sold 10,000 shares of PEB for 14.46 per share on Aug 17. After the transaction, the Director now owns 11,657 company shares. In a previous transaction on Jun 23, BORTZ JON E bought 8,000 shares at 12.66 per share. PEB shares that Chairman and CEO owns now total 1,173,102.

Among the insiders who bought shares, BORTZ JON E acquired of 3,632 shares on Jun 22 at a per-share price of $12.69. This resulted in the Chairman and CEO holding 1,165,102 shares of PEB after the transaction. In another insider transaction, BORTZ JON E bought 11,368 shares at $12.59 per share on Jun 21. Company shares held by the Chairman and CEO now total 1,161,470.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. PEB’s most recent ex-dividend date was 6/29/2023 when it declared a $0.01 quarterly dividend that was paid in cash on 7/17/2023. Previously, the company paid the dividend on 4/17/2023 with an ex-dividend date of 3/30/2023. The PEB stock dividend was $0.01 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for PEB in the last 3 months, the mean price target is $16.32 with high estimates of $28.00 and low estimates of $11.00. In terms of 52-week highs and lows, PEB has a high of $18.80 and a low of $12.37.

As of this writing, PEB has an earnings estimate of $Public Service Enterprise Group per share for the current quarter. EPS was calculated based on a consensus of Pepsico, Inc. estimates, with a high estimate of $Seaboard Corporation per share and a lower estimate of $Invesco High Yield Equity Divid.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PEB’s latest balance sheet shows that the firm has $58.52M in Cash & Short Term Investments as of fiscal 2021. There were $2.76B in debt and $335.97M in liabilities at the time. Its Book Value Per Share was $23.95, while its Total Shareholder’s Equity was $3.16B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PEB is Buy with a score of 2.78.

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