PEB dividend yield – Pebblebrook Hotel Trust Declares Dividends for Q4 2023
December 19, 2023
☀️Trending News
Pebblebrook Hotel Trust ($NYSE:PEB) recently declared the fourth quarter 2023 dividends. This is great news for investors of Pebblebrook Hotel Trust, as the company has been having a strong year in terms of performance. Pebblebrook Hotel Trust is a publicly traded real estate investment trust (REIT). They specialize in acquiring and managing premium-branded hotels in major US markets. The portfolio includes well-known brands like Westin, Sheraton, and Le Meridien. Pebblebrook Hotel Trust focuses on maximizing shareholder value through a disciplined approach to acquisitions, development, and management.
The company’s strategy has been successful in the past year, and investors have been rewarded with the dividend declaration. The dividend payout is expected to be a strong addition to the stock performance of the company. This dividend will provide investors with an additional stream of income, as well as a sign of confidence in the company’s long-term prospects. Investors will be able to take advantage of this dividend payout and benefit from a strong position in a solid company. The dividend declaration indicates that Pebblebrook Hotel Trust is in a strong financial position and is ready for continued growth in the future.
Dividends – PEB dividend yield
The company has issued dividends per share at 0.04 USD for the last three years, and for the fiscal year 2021-2023, its dividend yields have been 0.28%, 0.21% and 0.17%, respectively. The average dividend yield for this period is 0.22%. These dividends are considered to be a stable income source for investors in the trust.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PEB. More…
| Total Revenues | Net Income | Net Margin |
| 1.41k | -111.91 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PEB. More…
| Operations | Investing | Financing |
| 226.62 | 53.52 | -298.65 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PEB. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6k | 3.06k | 23.64 |
Key Ratios Snapshot
Some of the financial key ratios for PEB are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 3.9% |
| FCF Margin | ROE | ROA |
| – | – | – |
Stock Price
Pebblebrook Hotel Trust, a real estate investment trust, declared its dividend for the fourth quarter of 2023 on Friday. The stock opened at $14.8 and closed at $14.4, down by 1.9% from its prior closing price of $14.7. This dividend announcement follows a series of strong performances by the company since January 2021, as investors have seen increasing returns on their investments. The dividend declaration reflects the trust’s long-term commitment to creating a consistent return for shareholders by investing in high-quality hotels.
The trust has been steadily growing its portfolio over the last few years, with a focus on expanding its presence in the hospitality industry. Pebblebrook Hotel Trust is well-positioned to navigate the current economic environment and continue generating returns for its investors. The trust’s strategy is focused on leveraging its strong portfolio of hotels and expanding its presence in key markets, while providing its shareholders with a reliable source of income and growth potential. Live Quote…
Analysis – PEB Stock Fair Value
At GoodWhale, we have conducted an analysis of PEBBLEBROOK HOTEL TRUST’s wellbeing. After running our proprietary Valuation Line, we have calculated the intrinsic value of PEBBLEBROOK HOTEL TRUST shares to be around $13.3. Currently, PEBBLEBROOK HOTEL TRUST stocks is being traded at $14.4, which is a fair price, albeit slightly overvalued by 8.6%. More…
Peers
The company’s portfolio consists of over 60 hotels across the United States. Park Hotels & Resorts Inc, Summit Hotel Properties Inc, Braemar Hotels & Resorts Inc are all competitors in the hotel industry.
– Park Hotels & Resorts Inc ($NYSE:PK)
The company’s market cap is $2.75 billion as of 2022. The company owns and operates a portfolio of hotels and resorts in the United States and Canada. The company’s hotels and resorts are located in major metropolitan areas, including New York City, Los Angeles, San Francisco, Boston, Chicago, and Washington, D.C. The company also operates a number of smaller hotels and resorts in select markets, including Palm Springs, Florida, and Maui, Hawaii.
– Summit Hotel Properties Inc ($NYSE:INN)
Summit Hotel Properties, Inc. is a real estate investment trust. The Company owns, acquires, redevelops and repositions premium-branded select-service and extended-stay hotels in the United States. As of December 31, 2016, the Company’s portfolio included 69 hotels with approximately 10,700 guestrooms located in 27 states. The Company operates in the hotel industry segment. The Company’s primary business is to own and acquire premium-branded select-service and extended-stay hotels in the upscale and upper midscale segments of the United States lodging industry.
– Braemar Hotels & Resorts Inc ($NYSE:BHR)
With a market cap of 259.39M as of 2022, Braemar Hotels & Resorts Inc is a company that owns, operates, develops, and invests in hotels and resorts. The company’s portfolio includes properties in North America, Europe, Asia, and Australia.
Summary
PEB’s strong balance sheet, backed by its diversified portfolio of high-quality hotel investments, provide investors with a secure stream of income. PEB also has an impressive track record of increasing its dividend payments over time, indicating a commitment to providing shareholders with attractive returns.
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