Declared Dividend • Jun 21
First quarter dividend of US$0.01 announced Shareholders will receive a dividend of US$0.01. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 0.2%, which is lower than the industry average of 3.8%. Announcement • Jun 16
Pebblebrook Hotel Trust announces Quarterly dividend, payable on July 15, 2026 Pebblebrook Hotel Trust announced Quarterly dividend of USD 0.0100 per share payable on July 15, 2026, ex-date on June 30, 2026 and record date on June 30, 2026. Recent Insider Transactions • Jun 10
Chairman & CEO recently bought €587k worth of stock On the 9th of June, Jon Bortz bought around 40k shares on-market at roughly €14.67 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jon has been a buyer over the last 12 months, purchasing a net total of €108k worth in shares. Announcement • Jun 10
Pebblebrook Hotel Trust to Report Q2, 2026 Results on Jul 29, 2026 Pebblebrook Hotel Trust announced that they will report Q2, 2026 results After-Market on Jul 29, 2026 Board Change • May 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Trustee Nina Jones was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 29
Pebblebrook Hotel Trust Provides Earnings Guidance for the Year 2026 Pebblebrook Hotel Trust provided earnings guidance for the second quarter and full year 2026. For the year, the company expects net loss from 6.00 million to net profit of 6.00 million.
For second quarter, the company expects net income to be from $19.5 million to $23.5 million. Announcement • Mar 27
Pebblebrook Hotel Trust, Annual General Meeting, May 29, 2026 Pebblebrook Hotel Trust, Annual General Meeting, May 29, 2026. Location: the offices of hunton andrews kurth llp, 2200, pennsylvania avenue, nw, suite 900,dc, washington, United States Announcement • Mar 16
Pebblebrook Hotel Trust Declares Cash Dividend for the First Quarter of 2026, Payable on April 15, 2026 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly first quarter 2026 cash dividend of $0.01 per common share of beneficial interest, to be paid on April 15, 2026, to shareholders of record as of March 31, 2026. Announcement • Mar 10
Pebblebrook Hotel Trust to Report Q1, 2026 Results on Apr 28, 2026 Pebblebrook Hotel Trust announced that they will report Q1, 2026 results After-Market on Apr 28, 2026 Announcement • Feb 26
Pebblebrook Hotel Trust Provides Earnings Guidance for the First Quarter Ending March 31, 2026 and Full Year Ending December 31, 2026 Pebblebrook Hotel Trust provided earnings guidance for first quarter ending March 31, 2026 and full year ending December 31, 2026. For the quarter, the company expects net loss of $20.3 million to $16.3 million. For the year, the company expects net income/(loss) of ($10.4) million to $3.6 million. Announcement • Feb 10
Pebblebrook Hotel Trust Announces Changes to Its Board and Committee Pebblebrook Hotel Trust announced the election of Nina P. Jones and Bill Bayless to the Board of Trustees. Nina P. Jones's election is effective March 1, 2026. Bill Bayless is expected to join the Board during the fourth quarter of 2026. Nina P. Jones retired from T. Rowe Price, where she most recently served as Vice President, Portfolio Manager of the U.S. Real Estate Equity Strategy. She has more than 15 years of real estate investing experience at T. Rowe Price, also serving as Portfolio Manager of the Global Real Estate Equity Strategy and as the global team leader for real estate. Before T. Rowe Price, Nina P. Jones worked as a Senior Associate for KPMG LLP. She earned her BS in accounting and finance from the University of Maryland and her MBA from Columbia University's Graduate School of Business. She also earned the Certified Public Accountant designation. Nina P. Jones currently serves as a director of Simon Property Group and is a member of its audit committee. She also serves as a trustee of Equity Residential and is a member of its audit committee and the chair of its corporate governance committee. Bill Bayless is the Chief Executive Officer of Maslow Campus Communities and a widely recognized real estate operator and capital markets leader who helped build and institutionalize the modern student housing sector. Over his more than 35-year career, he has been involved in nearly $30 billion in real estate transactions. He co-founded American Campus Communities, a REIT, and led its growth from an early-stage platform into the first publicly traded student housing company. In 2022, he helped lead that company’s nearly $13 billion sale to Blackstone. Bill Bayless has served in leadership roles across the REIT and multifamily industries, including on the Board of Governors of Nareit and within the National Multifamily Housing Council. He has been recognized for innovation and leadership, including as Ernst & Young National Entrepreneur of the Year (Real Estate, Construction & Hospitality - 2017). Pebblebrook Hotel Trust also announced the adoption of a new principles-based board refreshment framework, designed to balance planned refreshment with ongoing evaluation to tailor the Board of Trustees' composition to Pebblebrook’s strategic outlook. The Company’s Nominating and Corporate Governance Committee will oversee the framework. Highlights of the new framework include annual Board composition review to evaluate independence, tenure mix, skills coverage, engagement, committee needs and company context; targeting average independent trustee tenure of 12 years or less by the 2027 Shareholder Meeting; annual refresh of the Board skills/experience matrix to score the Board against the Company’s forward priorities and to define any need for temporary flexibility; a rolling, multi-year succession plan to identify anticipated transitions, desired capability additions and onboarding sequencing; annual Board, Committee, and individual evaluations to review assessment evaluations and the overall compositions of the Board; and refreshment execution to implement planned transitions. To align with the Company’s 12-year average independent trustee tenure goal, Ron E. Jackson has announced that he will not stand for re-election at the 2026 Annual Meeting of Shareholders. In addition, one other current Pebblebrook independent trustee is expected not to stand for re-election at the 2027 Annual Meeting of Shareholders. Announcement • Dec 19
Pebblebrook Hotel Trust to Report Q4, 2025 Results on Feb 25, 2026 Pebblebrook Hotel Trust announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 25, 2026 Announcement • Dec 15
Pebblebrook Hotel Trust Declares Cash Dividends on Common Share for Fourth Quarter of 2025, Payable on January 15, 2026 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on January 15, 2026, to shareholders of record as of December 31, 2025 . Announcement • Nov 20
An undisclosed buyer acquired Le Montrose Hotel from Pebblebrook Hotel Trust (NYSE:PEB) for $44.2 million. An undisclosed buyer acquired Le Montrose Hotel from Pebblebrook Hotel Trust (NYSE:PEB) for $44.2 million on November 19, 2025. A cash consideration of $44.25 million will be paid by the buyer. As part of consideration, $44.25 million is paid towards common equity of Le Montrose Hotel.
For the period ending September 30, 2025, Le Montrose Hotel reported net income of $2.3 million and EBITDA of $2.8 million.
An undisclosed buyer completed the acquisition of Le Montrose Hotel from Pebblebrook Hotel Trust (NYSE:PEB) on November 19, 2025. Announcement • Oct 28
Pebblebrook Hotel Trust (NYSE:PEB) announces an Equity Buyback for $150 million worth of its shares. Pebblebrook Hotel Trust (NYSE:PEB) announces a share repurchase program. Under the program, the company will repurchase up to $150 million worth of its common stock. Announcement • Sep 15
Pebblebrook Hotel Trust Declares Dividends for Third Quarter Ending September 30, 2025, Payable on October 15, 2025 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a third quarter ending September 30, 2025 cash dividend of $0.01 per common share of beneficial interest, to be paid on October 15, 2025, to shareholders of record as of September 30, 2025. Announcement • Sep 02
Pebblebrook Hotel Trust to Report Q3, 2025 Results on Nov 05, 2025 Pebblebrook Hotel Trust announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Announcement • Jul 02
Pebblebrook Hotel Trust to Report Q2, 2025 Results on Jul 29, 2025 Pebblebrook Hotel Trust announced that they will report Q2, 2025 results After-Market on Jul 29, 2025 Announcement • Jun 18
Pebblebrook Hotel Trust Declares Dividends for Second Quarter 2025, Payable on July 15, 2025 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on July 15, 2025, to shareholders of record as of June 30, 2025. Announcement • Apr 08
Pebblebrook Hotel Trust, Annual General Meeting, May 23, 2025 Pebblebrook Hotel Trust, Annual General Meeting, May 23, 2025. Location: hunton andrews llp, 2200 pennsylvania avenue, nw,suite 900, washington ,dc 20037., United States Announcement • Mar 26
Pebblebrook Hotel Trust to Report Q1, 2025 Results on May 01, 2025 Pebblebrook Hotel Trust announced that they will report Q1, 2025 results After-Market on May 01, 2025 Announcement • Mar 14
Pebblebrook Hotel Trust Declares Cash Dividend for First Quarter 2025, Payable on April 15, 2025 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on April 15, 2025, to shareholders of record as of March 31, 2025 (the “Record Date”). Announcement • Feb 27
Pebblebrook Hotel Trust Provides Earnings Guidance for the First Quarter and Full Year of 2025 Pebblebrook Hotel Trust provided earnings guidance for the first quarter and full year of 2025. For the quarter, the company expects net loss of $33.9 million to $29.9 million.
For the full year, the company expects net loss of $15.5 million to $1.5 million. Announcement • Jan 14
Pebblebrook Hotel Trust to Report Q4, 2024 Results on Feb 26, 2025 Pebblebrook Hotel Trust announced that they will report Q4, 2024 results After-Market on Feb 26, 2025 Announcement • Dec 16
Pebblebrook Hotel Trust Declares Cash Dividend for the Fourth Quarter of 2024, Payable on January 15, 2025 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on January 15, 2025, to shareholders of record as of December 31, 2024 (the Record Date). Recent Insider Transactions • Nov 16
Chairman & CEO recently bought €307k worth of stock On the 14th of November, Jon Bortz bought around 26k shares on-market at roughly €11.80 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jon has been a buyer over the last 12 months, purchasing a net total of €2.2m worth in shares. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.28 (vs US$0.57 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.28 (up from US$0.57 loss in 3Q 2023). Revenue: US$404.5m (up 2.2% from 3Q 2023). Net income: US$33.0m (up US$101.2m from 3Q 2023). Profit margin: 8.2% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Nov 08
Pebblebrook Hotel Trust Provides Earnings Guidance for the Fourth Quarter and Full Year of 2024 Pebblebrook Hotel Trust provided earnings guidance for the fourth quarter and full year of 2024. For the quarter, the company expects Net loss of $42.3 million to $38.3 million.
For the full year, the company expects Net loss of $19.4 million to $15.4 million. Declared Dividend • Sep 18
Second quarter dividend of US$0.01 announced Shareholders will receive a dividend of US$0.01. Ex-date: 30th September 2024 Payment date: 15th October 2024 Dividend yield will be 0.3%, which is lower than the industry average of 3.8%. Announcement • Sep 16
Pebblebrook Hotel Trust Declares Quarterly Cash Dividend on Common Shares, Payable on October 15, 2024 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on October 15, 2024 to shareholders of record as of September 30, 2024. Announcement • Sep 03
Pebblebrook Hotel Trust to Report Q3, 2024 Results on Nov 07, 2024 Pebblebrook Hotel Trust announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Recent Insider Transactions • Aug 07
Chairman & CEO recently bought €721k worth of stock On the 5th of August, Jon Bortz bought around 66k shares on-market at roughly €10.92 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jon has been a buyer over the last 12 months, purchasing a net total of €1.5m worth in shares. Reported Earnings • Jul 25
Second quarter 2024 earnings released: EPS: US$0.17 (vs US$0.28 in 2Q 2023) Second quarter 2024 results: EPS: US$0.17 (down from US$0.28 in 2Q 2023). Revenue: US$397.1m (up 3.3% from 2Q 2023). Net income: US$20.3m (down 39% from 2Q 2023). Profit margin: 5.1% (down from 8.7% in 2Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Jul 25
Pebblebrook Hotel Trust Provides Earnings Guidance for the Third Quarter and Full Year of 2024 Pebblebrook Hotel Trust provided earnings guidance for the third quarter and full year of 2024. For the third quarter, the company expects Net income of $7.5 million - $12.5 million.
For the full year the company expects Net loss of $13.0 million to $4.0 million. Declared Dividend • Jun 17
First quarter dividend of US$0.01 announced Shareholders will receive a dividend of US$0.01. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 0.3%, which is lower than the industry average of 3.8%. Announcement • Jun 15
Pebblebrook Hotel Trust Declares Dividends for Second Quarter 2024, Payable on July 15, 2024 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on July 15, 2024 to shareholders of record as of June 28, 2024 (the Record Date). Recent Insider Transactions • Jun 13
Chairman & CEO recently bought €570k worth of stock On the 11th of June, Jon Bortz bought around 45k shares on-market at roughly €12.67 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jon has been a buyer over the last 12 months, purchasing a net total of €1.3m worth in shares. Recent Insider Transactions • Jun 02
Chairman & CEO recently bought €252k worth of stock On the 30th of May, Jon Bortz bought around 20k shares on-market at roughly €12.58 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jon has been a buyer over the last 12 months, purchasing a net total of €753k worth in shares. Announcement • May 23
Pebblebrook Hotel Trust to Report Q2, 2024 Results on Jul 24, 2024 Pebblebrook Hotel Trust announced that they will report Q2, 2024 results After-Market on Jul 24, 2024 Buy Or Sell Opportunity • May 16
Now 20% overvalued Over the last 90 days, the stock has fallen 7.5% to €13.60. The fair value is estimated to be €11.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 67%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 56% in the next 2 years. Announcement • Apr 24
Pebblebrook Hotel Trust Provides Earnings Guidance for the Second Quarter of 2024 Pebblebrook Hotel Trust provided earnings guidance for the second quarter of 2024. For the quarter, the company expects Net income of $18.8 million to $23.8 million. Reported Earnings • Apr 24
First quarter 2024 earnings released: US$0.33 loss per share (vs US$0.27 loss in 1Q 2023) First quarter 2024 results: US$0.33 loss per share (further deteriorated from US$0.27 loss in 1Q 2023). Revenue: US$314.1m (up 2.7% from 1Q 2023). Net loss: US$39.0m (loss widened 15% from 1Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Pebblebrook Hotel Trust, Annual General Meeting, May 24, 2024 Pebblebrook Hotel Trust, Annual General Meeting, May 24, 2024, at 09:00 US Eastern Standard Time. Location: offices of Hunton Andrews Kurth LLP, 2200 Pennsylvania Avenue, NW, Suite 900 Washington, D.C United States Agenda: To consider and approve the appointment of KPMG as independent accounting firm; to consider and approve the election of trustee; and to consider and approve any other matters. Declared Dividend • Mar 25
Fourth quarter dividend of US$0.01 announced Shareholders will receive a dividend of US$0.01. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 0.3%, which is lower than the industry average of 3.8%. Announcement • Mar 19
Pebblebrook Hotel Trust to Report Q1, 2024 Results on Apr 23, 2024 Pebblebrook Hotel Trust announced that they will report Q1, 2024 results After-Market on Apr 23, 2024 Announcement • Mar 15
Pebblebrook Hotel Trust Declares Cash Dividend for First Quarter of 2024, Payable on April 15, 2024 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on April 15, 2024 to shareholders of record as of March 29, 2024. Reported Earnings • Feb 22
Full year 2023 earnings released: US$0.93 loss per share (vs US$0.95 loss in FY 2022) Full year 2023 results: US$0.93 loss per share (improved from US$0.95 loss in FY 2022). Revenue: US$1.42b (up 2.0% from FY 2022). Net loss: US$113.3m (loss narrowed 8.7% from FY 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 22
Pebblebrook Hotel Trust Provides Earnings Guidance for the Year 2024 Pebblebrook Hotel Trust provided earnings guidance for the year 2024. For the year, the company expects Net loss of $62.0 million to $47.0 million. Upcoming Dividend • Dec 21
Upcoming dividend of US$0.01 per share at 0.3% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 16 January 2024. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.7%). Announcement • Dec 19
Pebblebrook Hotel Trust to Report Q4, 2023 Results on Feb 21, 2024 Pebblebrook Hotel Trust announced that they will report Q4, 2023 results After-Market on Feb 21, 2024 Announcement • Dec 16
Pebblebrook Hotel Trust Declares Quarterly Cash Dividend, Payable on January 16, 2024 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on January 16, 2024 to shareholders of record as of December 29, 2023 (the “Record Date”). New Risk • Nov 08
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €225k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Announcement • Oct 28
Pebblebrook Hotel Trust Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023 Pebblebrook Hotel Trust provided earnings guidance for the fourth quarter and full year of 2023. For the quarter, the company expects net loss of $48.3 million to $42.3 million. For the year, the company expects net loss of $80.6 million to $74.6 million. Reported Earnings • Oct 27
Third quarter 2023 earnings released: US$0.57 loss per share (vs US$0.10 profit in 3Q 2022) Third quarter 2023 results: US$0.57 loss per share (down from US$0.10 profit in 3Q 2022). Revenue: US$395.8m (down 5.0% from 3Q 2022). Net loss: US$68.1m (down US$81.7m from profit in 3Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Oct 18
An unknown buyer executed a contract to acquire KMS Fishermans Wharf LP from Pebblebrook Hotel Trust (NYSE:PEB) for 68.5 million. An unknown buyer executed a contract to acquire KMS Fishermans Wharf LP from Pebblebrook Hotel Trust (NYSE:PEB) for 68.5 million on October 16, 2023. For the trailing twelve months ended September 30, 2023, the hotel’s net loss is estimated at ($1.2) million, its net operating income is estimated at $2.2 million, and its earnings before interest, taxes, depreciation and amortization (“EBITDA”) is estimated at $2.7 million. The $68.5 million sales price reflects a 25.0x EBITDA multiple and a 3.2% net operating income capitalization rate (assuming a capital reserve of 4.0% of total hotel revenues). The property sale is subject to normal closing conditions. The sale is targeted to be completed later in the fourth quarter of 2023. Proceeds from the sale of Hotel Zoe Fisherman’s Wharf will be used for general corporate purposes, including reducing the Company’s outstanding debt and repurchasing the Company’s common and preferred shares. Upcoming Dividend • Sep 21
Upcoming dividend of US$0.01 per share at 0.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 16 October 2023. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.6%). Announcement • Sep 16
Pebblebrook Hotel Trust Declares Dividend for Third Quarter 2023, Payable on October 16, 2023 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on October 16, 2023 to shareholders of record as of September 29, 2023 (the “Record Date”). Announcement • Sep 09
Pebblebrook Hotel Trust to Report Q3, 2023 Results on Oct 26, 2023 Pebblebrook Hotel Trust announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Oct 26, 2023 Announcement • Jul 28
Pebblebrook Hotel Trust Provides Earnings Guidance for the Third Quarter of 2023 Pebblebrook Hotel Trust provided earnings guidance for the third quarter of 2023. For the quarter, the company expects net income of $14.6 million to $20.6 million. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: US$0.28 (vs US$0.13 in 2Q 2022) Second quarter 2023 results: EPS: US$0.28 (up from US$0.13 in 2Q 2022). Revenue: US$384.3m (down 3.3% from 2Q 2022). Net income: US$33.7m (up 105% from 2Q 2022). Profit margin: 8.8% (up from 4.2% in 2Q 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jun 23
Chairman & CEO recently bought €459k worth of stock On the 21st of June, Jon Bortz bought around 39k shares on-market at roughly €11.66 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jon has been a buyer over the last 12 months, purchasing a net total of €2.4m worth in shares. Upcoming Dividend • Jun 22
Upcoming dividend of US$0.01 per share at 0.3% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.0%). Announcement • Jun 16
Pebblebrook Hotel Trust Declares Dividend for Second Quarter 2023, Payable on July 17, 2023 Pebblebrook Hotel Trust announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on July 17, 2023 to shareholders of record as of June 30, 2023 (the “Record Date”). Announcement • Jun 02
Pebblebrook Hotel Trust to Report Q2, 2023 Results on Jul 27, 2023 Pebblebrook Hotel Trust announced that they will report Q2, 2023 results After-Market on Jul 27, 2023 Announcement • May 27
An unknown buyer acquired Hotel Vintage Park from Pebblebrook Hotel Trust (NYSE:PEB) for $33.7 million. An unknown buyer acquired Hotel Vintage Park from Pebblebrook Hotel Trust (NYSE:PEB) for $33.7 million on May 24, 2023. Proceeds from the sale of Hotel Vintage Seattle will be used for general corporate purposes, which may include reducing the Company’s outstanding debt and repurchasing common and preferred shares. Hotel Vintage Park reported an EBITDA of $1.1 million and operating income of $0.8 million for the period end date March 31, 2023.
An unknown buyer acquired Hotel Vintage Park from Pebblebrook Hotel Trust (NYSE:PEB) on May 24, 2023. Announcement • May 12
InnVest Hotels LP acquired Kimpton Hotel Monaco Seattle from Pebblebrook Hotel Trust (NYSE:PEB) for $63.3 million. InnVest Hotels LP acquired Kimpton Hotel Monaco Seattle from Pebblebrook Hotel Trust (NYSE:PEB) for $63.3 million on May 9, 2023. For the trailing twelve months ended March 31, 2023, Hotel Monaco reported an EBIT of $1.6 million and EBITDA of $2.1 million. Proceeds from the sale of Hotel Monaco Seattle will be used for general corporate purposes, which may include reducing the Company’s outstanding debt and repurchasing common and preferred shares.InnVest Hotels LP completed the acquisition of Kimpton Hotel Monaco Seattle from Pebblebrook Hotel Trust (NYSE:PEB) on May 9, 2023. Reported Earnings • Apr 28
First quarter 2023 earnings released: FFO per share: US$0.1 (vs US$0.064 in 1Q 2022) First quarter 2023 results: FFO per share: US$0.1 (up from US$0.064 in 1Q 2022). Revenue: US$305.7m (up 19% from 1Q 2022). Funds from operations (FFO): US$17.5m (up 107% from 1Q 2022). FFO margin: 5.7% (up from 3.3% in 1Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Global Hotel and Resort REITs industry. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Recent Insider Transactions • Mar 12
Chairman & CEO recently bought €593k worth of stock On the 9th of March, Jon Bortz bought around 43k shares on-market at roughly €13.80 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jon has been a buyer over the last 12 months, purchasing a net total of €1.3m worth in shares. Recent Insider Transactions • Mar 03
Chairman & CEO recently bought €285k worth of stock On the 1st of March, Jon Bortz bought around 21k shares on-market at roughly €13.55 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jon has been a buyer over the last 12 months, purchasing a net total of €696k worth in shares. Reported Earnings • Feb 22
Full year 2022 earnings released: US$0.67 loss per share (vs US$1.80 loss in FY 2021) Full year 2022 results: US$0.67 loss per share (improved from US$1.80 loss in FY 2021). Revenue: US$1.39b (up 90% from FY 2021). Net loss: US$87.2m (loss narrowed 63% from FY 2021). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Jan 21
An unknown buyer agreed to acquire Heathman Hotel Portland LLC from Pebblebrook Hotel Trust (NYSE:PEB) for $45 million. An unknown buyer agreed to acquire Heathman Hotel Portland LLC from Pebblebrook Hotel Trust (NYSE:PEB) for $45 million on January 20, 2023. The sale of The Heathman Hotel is subject to normal closing conditions, and the Company offers no assurances that this sale will be completed on these terms, or at all. The sale is targeted to be completed later in the first quarter of 2023. Announcement • Jan 07
Pebblebrook Hotel Trust to Report Q4, 2022 Results on Feb 21, 2023 Pebblebrook Hotel Trust announced that they will report Q4, 2022 results After-Market on Feb 21, 2023 Board Change • Jan 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Trustee Bonny Simi was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Oct 05
Lead Independent Trustee recently sold €80k worth of stock On the 27th of September, Phillip Miller sold around 5k shares on-market at roughly €15.45 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €69k more than they bought in the last 12 months. Upcoming Dividend • Sep 22
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 17 October 2022. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.4%). Reported Earnings • Jul 27
Second quarter 2022 earnings released: EPS: US$0.21 (vs US$0.066 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.21 (up from US$0.066 loss in 2Q 2021). Revenue: US$397.5m (up 143% from 2Q 2021). Net income: US$28.0m (up US$36.6m from 2Q 2021). Profit margin: 7.0% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 27%, compared to a 1.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jul 06
Chairman recently bought €411k worth of stock On the 30th of June, Jon Bortz bought around 26k shares on-market at roughly €15.82 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Jon has been a net seller over the last 12 months, reducing personal holdings by €25k. Upcoming Dividend • Jun 22
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 15 July 2022. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (4.7%). Reported Earnings • Apr 28
First quarter 2022 earnings released: FFO: US$258.1m per share (vs US$0.46 loss in 1Q 2021) First quarter 2022 results: FFO: US$258.1m per share (up from US$0.46 loss in 1Q 2021). Revenue: US$258.1m (up 209% from 1Q 2021). Funds from operations (FFO): US$8.43m (up US$67.8m from 1Q 2021). FFO margin: 3.3% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 48% while the industry in Germany is not expected to grow. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Trustee Bonny Simi was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Mar 23
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 15 April 2022. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.7%). Reported Earnings • Feb 24
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: US$0.48 FFO loss per share (up from US$1.87 loss in FY 2020). Revenue: US$733.0m (up 66% from FY 2020). Funds from operations (FFO) loss: US$62.6m (loss narrowed 74% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 64% while thereits industry in Germany is not expected to grow. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jan 06
Chairman recently sold €436k worth of stock On the 30th of December, Jon Bortz sold around 22k shares on-market at roughly €19.82 per share. This was the largest sale by an insider in the last 3 months. This was Jon's only on-market trade for the last 12 months. Upcoming Dividend • Dec 23
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 30 December 2021. Payment date: 18 January 2022. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.8%). Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Independent Trustee Bonny Simi was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2021 earnings released: US$0.34 loss per share (vs US$1.06 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$238.8m (up 210% from 3Q 2020). Net loss: US$44.0m (loss narrowed 68% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 30
Second quarter 2021 earnings released: US$0.065 loss per share (vs US$1.06 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$163.3m (up US$140.7m from 2Q 2020). Net loss: US$8.56m (loss narrowed 94% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 24
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 15 April 2021. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.6%).