Why Investors Need to Take Advantage of These 2 Finance Stocks Now
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Pebblebrook Hotel Trust: Heavily Discounted, I'm Buying The 8.5% Yielding Series H Preferreds
Pebblebrook Hotel Trust saw its cash and cash equivalents end its fiscal 2024 fourth quarter at $217.6 million, up 5.6% sequentially. A lower capital investment outlook for 2025 and 2026 should see liquidity dramatically expand and continued common share buybacks. The Series H preferreds are trading for 68 cents on the dollar and an 8.5% yield despite the REIT's improved liquidity profile.
Pebblebrook Hotel Trust Is Risky, But We Are Buying The 8.5% Preferred Stocks
Analyzed Pebblebrook Hotel Trust's four preferred stocks to determine the best risk-to-earnings ratio, focusing on financial metrics and market-adjusted asset coverage ratios. PEB's preferred stocks yield around 8.50%, with dividends representing 15% of expected FFO, providing a significant cushion despite credit concerns. Moody's credit scoring process indicates a Ba3 rating for PEB, with preferred stocks rated close to B1, highlighting higher risk compared to peers.
Pebblebrook Hotel Trust (PEB) Q4 2024 Earnings Call Transcript
Pebblebrook Hotel Trust (NYSE:PEB ) Q4 2024 Earnings Conference Call February 27, 2025 9:00 AM ET Company Participants Raymond Martz – Co-President and Chief Financial Officer Jon Bortz – Chairman and Chief Executive Officer Tom Fisher – Co-President and Chief Investment Officer Conference Call Participants Dori Kesten – Wells Fargo Duane Pfennigwerth – Evercore ISI Jay Kornreich – Wedbush Securities Michael Bellisario – Baird Gregory Miller – Truist Securities Ari Klein – BMO Capital Markets Floris van Dijkum – Compass Point Chris Darling – Green Street Operator Greetings and welcome to the Pebblebrook Hotel Trust Fourth Quarter Earnings Call. At this time, all participants are in a listen-only mode.
Here's What Key Metrics Tell Us About Pebblebrook Hotel (PEB) Q4 Earnings
The headline numbers for Pebblebrook Hotel (PEB) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Pebblebrook Hotel (PEB) Surpasses Q4 FFO and Revenue Estimates
Pebblebrook Hotel (PEB) came out with quarterly funds from operations (FFO) of $0.20 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to FFO of $0.21 per share a year ago.
Countdown to Pebblebrook Hotel (PEB) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Beyond analysts' top -and-bottom-line estimates for Pebblebrook Hotel (PEB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Pebblebrook Hotel Trust: The 7.3% Yielding Preferred Shares Remain Interesting
Pebblebrook Hotel Trust's preferred shares offer attractive yields, with Series E being the most appealing due to its 10% discount to principal value. The REIT's FFO and AFFO performance are strong, with a payout ratio for preferred dividends expected to remain around 20%. Despite a lower yield than previously discussed, Pebblebrook's preferred shares still offer a 300+ bps premium over 5Y and 10Y US Treasury yields.
Pebblebrook Hotel Trust (PEB) Q3 2024 Earnings Call Transcript
Pebblebrook Hotel Trust (NYSE:PEB ) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Raymond Martz - Co-President, Chief Financial Officer, Treasurer and Secretary Jon Bortz - Chairman, President and Chief Executive Officer Thomas Fisher - Co-President and Chief Investment Officer Conference Call Participants Dori Kesten - Wells Fargo Jay Kornreich - Wedbush Securities Smedes Rose - Citi Ari Klein - BMO Capital Markets Duane Pfennigwerth - Evercore ISI Gregory Miller - Truist Securities Michael Bellisario - Baird Operator Greetings and welcome to Pebblebrook Hotel Trust Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.
Pebblebrook Hotel (PEB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Pebblebrook Hotel (PEB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Pebblebrook Hotel (PEB) Q3 FFO and Revenues Beat Estimates
Pebblebrook Hotel (PEB) came out with quarterly funds from operations (FFO) of $0.59 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to FFO of $0.61 per share a year ago.
Pebblebrook Gears Up to Report Q3 Earnings: Key Factors to Consider
PEB's Q3 earnings are likely to have benefited from business group, transient and leisure travel demand. However, high-interest expenses raise concerns.
