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Last $37.39 USD
Change Today -0.67 / -1.76%
Volume 362.3K
PEB On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

pebblebrook hotel trust (PEB) Snapshot

Open
$37.36
Previous Close
$38.06
Day High
$37.95
Day Low
$37.10
52 Week High
02/17/15 - $50.17
52 Week Low
10/2/14 - $36.28
Market Cap
2.7B
Average Volume 10 Days
522.1K
EPS TTM
$0.77
Shares Outstanding
71.9M
EX-Date
06/26/15
P/E TM
48.6x
Dividend
$1.24
Dividend Yield
2.89%
Current Stock Chart for PEBBLEBROOK HOTEL TRUST (PEB)

pebblebrook hotel trust (PEB) Related Businessweek News

No Related Businessweek News Found

pebblebrook hotel trust (PEB) Details

Pebblebrook Hotel Trust, through Pebblebrook Hotel, L.P., operates as a real estate investment trust. The company acquires and invests primarily in hotel properties located in the United States. It holds interests in the Doubletree Bethesda Hotel and Executive Meeting Center located in Bethesda, Maryland; Sir Francis Drake Hotel located in San Francisco, California; and InterContinental Buckhead Hotel located in Atlanta, Georgia. As a REIT, the company is not subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 2009 and is based in Bethesda, Maryland.

27 Employees
Last Reported Date: 02/17/15
Founded in 2009

pebblebrook hotel trust (PEB) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $750.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $400.0K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2014.

pebblebrook hotel trust (PEB) Key Developments

Pebblebrook Hotel Trust Announces Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015; Revises Earnings Guidance for the Full Year of 2015

Pebblebrook Hotel Trust announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $197,683,000 compared with $147,454,000 for the same period a year ago. Operating income was $35,417,000 compared with $26,385,000 for the same period a year ago. Income before tax was $30,102,000 compared with $25,014,000 for the same period a year ago. Net income attributable to common shareholders was $20,004,000 or $0.27 per diluted share compared with $16,591,000 or $0.26 per basic and diluted share for the same period a year ago. Net income attributable to the company was $26,491,000 compared with $22,673,000 for the same period a year ago. FFO was $53,511,000 or $0.65 per diluted share compared with $41,319,000 or $0.54 per diluted share for the same period a year ago. FFO available to common share and unit holders was $47,024,000 compared with $35,237,000 for the same period a year ago. Adjusted FFO available to common share and unit holders was $51,996,000 or $0.72 per diluted share compared with $35,985,000 or $0.56 per diluted share for the same period a year ago. EBITDA was $68,621,000 compared with $52,010,000 for the same period a year ago. Adjusted EBITDA was $74,005,000 compared with $53,256,000 for the same period a year ago. For the six months, the company reported total revenues of $361,118,000 compared with $273,166,000 for the same period a year ago. Operating income was $51,332,000 compared with $36,877,000 for the same period a year ago. Income before tax was $33,883,000 compared with $26,801,000 for the same period a year ago. Net income attributable to common shareholders was $20,659,000 or $0.28 per diluted share compared with $14,588,000 or $0.22 per basic and diluted share for the same period a year ago. Net income attributable to the company was $33,634,000 compared with $26,751,000 for the same period a year ago. FFO was $84,101,000 or $0.98 per diluted share compared with $63,495,000 or $0.79 per diluted share for the same period a year ago. FFO available to common share and unit holders was $71,126,000 compared with $51,332,000 for the same period a year ago. Adjusted FFO available to common share and unit holders was $76,362,000 or $1.05 per diluted share compared with $52,858,000 or $0.82 per diluted share for the same period a year ago. EBITDA was $106,462,000 compared with $80,235,000 for the same period a year ago. Adjusted EBITDA was $112,816,000 compared with $82,797,000 for the same period a year ago. Same-Property RevPAR in the second quarter of 2015 increased 3.8% over the same period of 2014 to $217.23. Same-Property ADR grew 4.8% from the second quarter of 2014 to $249.31. Same-Property Occupancy decreased 0.9% to 87.1%. Same-Property RevPAR for the six months ended June 30, 2015 increased 3.8% over the same period of 2014 to $196.31. Year-to-date Same-Property ADR grew 5.5% from the comparable period of 2014 to $236.84, while year-to-date Same-Property Occupancy declined 1.6% to 82.9%. The company provided earnings guidance for the third quarter of 2015 and revised earnings guidance for the full year of 2015. For the third quarter, the company expects to report adjusted EBITDA in the range of $81.1 million to $83.1 million, adjusted FFO in the range of $58.0 million to $60.0 million, adjusted FFO per diluted share in the range of $0.80 to $0.83. same property RevPAR in the range of $230 to $234. For the year, the company expects to report adjusted EBITDA in the range of $260.8 million to $266.3 million, adjusted FFO in the range of $179.6 million to $185.1 million, adjusted FFO per diluted share in the range of $2.47 to $2.55. Same property RevPAR in the range of $207 to $209. Same-Property EBITDA in the range of $284.8 to $290.3. Net income to common shareholders to be in the range of $62.4 million to $67.9 million compared to $0.4 million to $0.4 million expects in previous outlook.Net income per diluted share in the range of $0.86 to $0.93 compared to previous outlook of $0.01 to $0.01.

Pebblebrook Hotel Trust to Report Q2, 2015 Results on Jul 23, 2015

Pebblebrook Hotel Trust announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 23, 2015

Pebblebrook Hotel Trust, Q2 2015 Earnings Call, Jul 24, 2015

Pebblebrook Hotel Trust, Q2 2015 Earnings Call, Jul 24, 2015

 

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Industry Analysis

PEB

Industry Average

Valuation PEB Industry Range
Price/Earnings 51.1x
Price/Sales 4.0x
Price/Book 1.6x
Price/Cash Flow 17.2x
TEV/Sales 2.3x
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