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Pebblebrook Hotel Announces $400M Convertible Notes Offering

Story Highlights
  • Pebblebrook Hotel Trust announced a $400 million private offering of Convertible Senior Notes.
  • Proceeds were used to repurchase existing notes and shares, enhancing financial flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pebblebrook Hotel Announces $400M Convertible Notes Offering

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The latest announcement is out from Pebblebrook Hotel ( (PEB) ).

On September 16, 2025, Pebblebrook Hotel Trust announced a private offering of $400 million in 1.625% Convertible Senior Notes due 2030, which closed on September 18, 2025. The proceeds were used to repurchase $400 million of its 1.75% Convertible Senior Notes due 2026 and approximately 4.3 million common shares. This strategic financial maneuver aims to manage the company’s debt profile and potentially reduce dilution of common shares, enhancing its market positioning and financial flexibility.

The most recent analyst rating on (PEB) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Pebblebrook Hotel stock, see the PEB Stock Forecast page.

Spark’s Take on PEB Stock

According to Spark, TipRanks’ AI Analyst, PEB is a Neutral.

Pebblebrook Hotel’s overall stock score reflects a mixed financial performance with profitability challenges and high leverage. Technical analysis provides a slightly positive outlook, while the earnings call offers cautious optimism. The valuation is a concern due to the negative P/E ratio, but the high dividend yield is a positive aspect. Corporate events show a commitment to shareholder returns.

To see Spark’s full report on PEB stock, click here.

More about Pebblebrook Hotel

Pebblebrook Hotel Trust is a publicly traded real estate investment trust (REIT) and the largest owner of urban and resort lifestyle hotels in the United States, owning 46 hotels with approximately 12,000 guest rooms across 13 urban and resort markets.

Average Trading Volume: 2,513,620

Technical Sentiment Signal: Sell

Current Market Cap: $1.42B

For detailed information about PEB stock, go to TipRanks’ Stock Analysis page.

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