Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (“REIT”) and the largest owner of urban and resort lifestyle hotels in the United States.
Undervalued with reasonable growth potential.
Share Price & News
How has Pebblebrook Hotel Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PEB.PRE's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PEB.PRE underperformed the US REITs industry which returned -14% over the past year.
Return vs Market: PEB.PRE underperformed the US Market which returned 4.6% over the past year.
Price Volatility Vs. Market
How volatile is Pebblebrook Hotel Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Pebblebrook Hotel Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PEB.PRE ($19.2) is trading below our estimate of fair value ($129.14)
Significantly Below Fair Value: PEB.PRE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PEB.PRE is good value based on its PE Ratio (15.8x) compared to the REITs industry average (26.1x).
PE vs Market: PEB.PRE is poor value based on its PE Ratio (15.8x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: PEB.PRE is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: PEB.PRE is good value based on its PB Ratio (0.5x) compared to the US REITs industry average (1.3x).
How is Pebblebrook Hotel Trust forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PEB.PRE's forecast earnings growth (40.9% per year) is above the savings rate (2.2%).
Earnings vs Market: PEB.PRE's earnings (40.9% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PEB.PRE's revenue (14.6% per year) is forecast to grow faster than the US market (8.9% per year).
High Growth Revenue: PEB.PRE's revenue (14.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PEB.PRE's Return on Equity is forecast to be high in 3 years time
How has Pebblebrook Hotel Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PEB.PRE has a large one-off gain of $88.3M impacting its March 31 2020 financial results.
Growing Profit Margin: PEB.PRE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PEB.PRE's earnings have declined by -9.2% per year over the past 5 years.
Accelerating Growth: PEB.PRE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PEB.PRE has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (5.3%).
Return on Equity
High ROE: PEB.PRE's Return on Equity (4.2%) is considered low.
How is Pebblebrook Hotel Trust's financial position?
Financial Position Analysis
Short Term Liabilities: PEB.PRE's short term assets ($831.0M) exceed its short term liabilities ($304.9M).
Long Term Liabilities: PEB.PRE's short term assets ($831.0M) do not cover its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: PEB.PRE's debt to equity ratio (74.1%) is considered high.
Reducing Debt: PEB.PRE's debt to equity ratio has increased from 48.3% to 74.1% over the past 5 years.
Debt Coverage: PEB.PRE's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: PEB.PRE's interest payments on its debt are not well covered by EBIT (1.6x coverage).
What is Pebblebrook Hotel Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PEB.PRE's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.75%).
High Dividend: PEB.PRE's dividend (0.28%) is low compared to the top 25% of dividend payers in the US market (4.71%).
Stability and Growth of Payments
Stable Dividend: PEB.PRE is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: PEB.PRE is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: PEB.PRE is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PEB.PRE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jon Bortz (63yo)
Mr. Jon E. Bortz, C.P.A. has been Chief Executive Officer, Chairman and President at Pebblebrook Hotel Trust since October 2009. Mr. Bortz served as the Principal Financial Officer and Principal Accounting ...
CEO Compensation Analysis
Compensation vs Market: Jon's total compensation ($USD5.41M) is about average for companies of similar size in the US market ($USD4.92M).
Compensation vs Earnings: Jon's compensation has been consistent with company performance over the past year.
|Executive VP||10.42yrs||US$2.52m||0.18% $3.4m|
|Executive VP & Chief Investment Officer||10.33yrs||US$2.52m||0.12% $2.4m|
|Director of Finance||no data||no data||no data|
|VP & Controller||10.42yrs||no data||no data|
Experienced Management: PEB.PRE's management team is seasoned and experienced (10.4 years average tenure).
|Independent Trustee||10.42yrs||US$170.00k||0.033% $631.4k|
|Independent Trustee||10.42yrs||US$155.00k||0.016% $311.0k|
|Independent Trustee||10.42yrs||US$175.00k||0.030% $572.5k|
|Independent Trustee||10.42yrs||US$155.00k||0.032% $610.0k|
|Lead Independent Trustee||no data||US$165.00k||0.014% $263.6k|
|Independent Trustee||1.08yrs||US$106.16k||0.0034% $64.3k|
Experienced Board: PEB.PRE's board of directors are seasoned and experienced ( 10.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pebblebrook Hotel Trust's company bio, employee growth, exchange listings and data sources
- Name: Pebblebrook Hotel Trust
- Ticker: PEB.PRE
- Exchange: NYSE
- Founded: 2009
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Implied Market Cap: US$1.887b
- Market Cap: US$1.882b
- Shares outstanding: 131.13m
- Website: https://www.pebblebrookhotels.com
Number of Employees
- Pebblebrook Hotel Trust
- 4747 Bethesda Avenue
- Suite 1100
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PEB||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Dec 2009|
|PD0||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2009|
|PEB.PRC||NYSE (New York Stock Exchange)||PFD SER C 6.50%||US||USD||Mar 2013|
|PEB.PRD||NYSE (New York Stock Exchange)||PFD SHS SER D||US||USD||Jun 2016|
|PEB.PRE||NYSE (New York Stock Exchange)||6.375 PFD SER E||US||USD||Dec 2018|
|PEB.PRF||NYSE (New York Stock Exchange)||6.3 CUM PFD SR F||US||USD||Dec 2018|
Pebblebrook Hotel Trust (NYSE: PEB) 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 56 hotels, totaling approximately 14,000 guestrooms across 16 urban and resort markets, with a focus on the west coast gateway cities.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/27 11:50|
|End of Day Share Price||2020/05/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.