Why Did Pebblebrook Hotel Trust Plunge 11.49%? Analysts Cautious

On May 1, 2025, Pebblebrook Hotel Trust (NYSE:PEB) experienced a significant drop of 11.49% in pre-market trading, reflecting a notable decline in investor sentiment.

Analysts have recently adjusted their outlook on Pebblebrook Hotel Trust, with Evercore ISI lowering its target price from $15.00 to $11.00. This revision comes amidst broader market concerns and potential shifts in the hospitality sector's performance. Additionally, Wedbush analyst Richard Anderson maintained a sell rating on the stock, further adjusting the target price from $13 to $12. These adjustments suggest a cautious stance from analysts, who may be factoring in economic uncertainties and potential impacts on the hotel industry.

Looking ahead, analysts anticipate that Pebblebrook Hotel Trust will report earnings of $0.13 per share and revenue of $311.74 million for the upcoming quarter. These projections will be closely watched by investors as they provide insights into the company's operational efficiency and market positioning. The upcoming earnings report will be crucial in determining whether the recent stock price decline is justified or if there are underlying strengths that could drive a rebound.