Pebblebrook Hotel Trust stock gets a USD 20.00 target
Published on 10/01/2026 at 06:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Pebblebrook Hotel Trust stock is approaching its next results checkpoint after second-quarter revenue reached USD 407.14 million and reported earnings per share came to USD 0.68 versus USD 0.12 consensus. The figures give the hotel REIT a concrete operating base as analysts reassess its recovery profile.
Raymond James lifts its target
Raymond James analyst RJ Milligan raised the price target to USD 20.00 from USD 18.00 on September 28, 2026, while maintaining an Outperform rating, according to Markets Insider. The analyst cited continued RevPAR strength in the third quarter and potential increases to 2026 guidance.
The target revision matters because the second-quarter result already exceeded the published consensus by USD 0.56 per share. MarketBeat reported that revenue was USD 407.14 million against a USD 400.05 million estimate, while revenue declined 0.10 percent from the prior-year quarter. That combination points to a beat on expectations alongside a modest year-over-year top-line contraction.
October results set the next test
Pebblebrook has set third-quarter guidance at USD 0.48 to USD 0.52 in earnings per share and full-year 2026 guidance at USD 1.69 to USD 1.76, according to the September 29, 2026 MarketBeat report. The range makes the October release important for testing whether the second-quarter earnings beat can translate into sustained operating improvement.
The company has scheduled its third-quarter financial and operating results for October 29, 2026, after the market closes, followed by a conference call on October 30, 2026, at 9:00 a.m. ET, according to Pebblebrook Hotel Trust. The scheduled date gives investors a defined point for comparing RevPAR trends, guidance and realized earnings per share.
Valuation remains tied to execution
Pebblebrook Hotel Trust had a market capitalization of USD 2.1 billion and a 52-week range of USD 9.99 to USD 19.93 as of September 30, 2026. The range shows that the stock is trading near its yearly high, leaving the October results as the next measurable test for the USD 20.00 Raymond James target.
Pebblebrook Hotel Trust stock facts
- Company: Pebblebrook Hotel Trust
- Ticker: PEB
- Primary exchange: NYSE
- Market capitalization: USD 2.1 billion (as of September 30, 2026)
- 52-week range: USD 9.99-USD 19.93 (as of September 30, 2026)
- Sector / Industry: Real Estate / REIT - Hotel and Motel
- Next earnings date: October 29, 2026
