| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 74 | — | 17.8x | Top tier | |
Growth | 18 | 2.1% | 7.1% | Bottom tier | |
Quality | 18 | 1.2% | 4.5% | Bottom tier | |
Safety | 34 | 6.4x | 2.6x | Bottom tier | |
Capital Return | 42 | 0.23% | 2.12% | Around median | |
Momentum | 96 | 70.4% | 2.9% | Top tier | |
Sentiment | 85 | 3 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Pebblebrook Hotel Trust owns a portfolio of upscale hotels and resorts in U.S. markets including San Francisco, Los Angeles, San Diego, Boston, and Washington, D.C., and generates revenue from rooms, food and beverages, banquets, and meetings. In Q2 fiscal 2026, resorts were the main growth driver, with RevPAR rising 12% and total RevPAR increasing 10.9%, while urban RevPAR grew 4.1% and total urban RevPAR growth was only 0.8%.
In Q2 fiscal 2026, the company reported revenue of $407.1 million, net income of $23.6 million, and earnings per share of $0.17. Same-property hotel EBITDA rose 7.1% to $123.3 million, and adjusted EBITDA reached $116.2 million, while adjusted FFO per diluted share was $0.68; these metrics exceeded the upper ends of management’s quarterly guidance for the second consecutive quarter.
Occupancy improved by approximately 130 basis points to 79.4%, average daily rate rose 4.7%, and RevPAR increased 6.5%, with pricing contributing approximately three-quarters of RevPAR growth. The company converted 4.8% growth in same-property total revenue into 7.1% hotel EBITDA growth, with expenses rising only 3.8% and the EBITDA margin expanding by 67 basis points to 30.6%. However, trailing 12-month data for 2026 show revenue of $1.5 billion and a net loss of $46.6 million, following an annual loss of $65.8 million in fiscal 2025.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus on PEB stock is Hold, with an average price target of $17.58 and a wide range between $12 and $22; the average is below the 52-week high of $19.93, while the highest target exceeds that high. No positive price-to-earnings ratio is available because of the $46.6 million net loss in the trailing 12-month data for 2026, making the valuation more dependent on the recovery in EBITDA and FFO and on asset values, while the divergence in analyst targets remains a risk factor.
Figures in the text are as of 2026-09-01; the live price is shown at the top of the page.
Same-property hotel EBITDA reached $123.3 million, exceeding the upper end of management’s guidance by $6.6 million, while adjusted FFO per share was $0.68, or $0.06 above the upper end. RevPAR increased 6.5%, with approximately three-quarters of that growth coming from higher pricing as occupancy reached 79.4%. Resort growth and expense control also helped expand the EBITDA margin by 67 basis points to 30.6%.
Resort RevPAR rose 12% and total RevPAR increased 10.9% in Q2 fiscal 2026, lifting their EBITDA by 18.5%. Resorts generated approximately $16.5 million of the $18.3 million increase in portfolio revenue, with group revenue growing nearly 19% and food and beverage revenue increasing approximately 11%. Paradise Point stood out with EBITDA growth exceeding 40%, alongside RevPAR growth of 20.3% in Newport and 22.8% at Estancia.
Management raised its fiscal 2026 same-property RevPAR growth outlook to a range of 4.5%–5.5% and expects same-property EBITDA growth of between 8.2% and 10.5%. It also raised the adjusted FFO per diluted share range to $1.69–$1.76. For Q3 fiscal 2026, however, it expects RevPAR growth of only between 1% and 3% because of shorter booking windows and economic, political, and geopolitical uncertainty.
The company sold three hotels during the eight months ended July 30, 2026, for approximately $160 million, at an aggregate EBITDA multiple of 15.4 times and an NOI capitalization rate of 4.6%. In Q2 fiscal 2026, it sold Chamberlain West Hollywood Hotel for $43.5 million, then used $26.1 million to redeem $33.7 million of preferred shares. During the first half of fiscal 2026, it repurchased 0.9 million common shares at an average price of $13.62 and redeemed 1.5 million preferred shares at an average discount of 23% to liquidation value.
In Q2 fiscal 2026, RevPAR declined 9.1% in downtown San Diego and 9.9% in Washington, D.C., while urban hotel EBITDA fell 1%. Portfolio-wide group revenue declined approximately 2%, and banquet and catering revenue at urban hotels fell nearly 20% because of weak convention calendars and a mix shift toward transient customers. Some independent urban hotels also rely on online travel agencies for between 20% and 30% of their transient demand mix, increasing the importance of improving booking channels and net rates.
