Pebblebrook Hotel Trust (NYSE:PEB) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Pebblebrook Hotel Trust (NYSE:PEB)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.40 and traded as high as $14.94. Pebblebrook Hotel Trust shares last traded at $14.7950, with a volume of 771,397 shares trading hands.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Morgan Stanley raised their price target on Pebblebrook Hotel Trust from $10.00 to $12.00 and gave the company an “underweight” rating in a research note on Tuesday, May 12th. Truist Financial raised their price target on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the company a “hold” rating in a research note on Tuesday, March 31st. Wall Street Zen upgraded Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Saturday, February 28th. Wells Fargo & Company cut their target price on Pebblebrook Hotel Trust from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 24th. Finally, Citigroup raised their price target on Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $13.65.

Pebblebrook Hotel Trust Price Performance

The stock has a fifty day simple moving average of $13.55 and a two-hundred day simple moving average of $12.40. The company has a market cap of $1.68 billion, a PE ratio of -18.49, a price-to-earnings-growth ratio of 1.37 and a beta of 1.44. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.82.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.05. Pebblebrook Hotel Trust had a negative return on equity of 2.41% and a negative net margin of 4.18%.The company had revenue of $345.66 million for the quarter, compared to analyst estimates of $331.23 million. During the same quarter in the previous year, the company earned $0.16 EPS. The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. On average, equities analysts predict that Pebblebrook Hotel Trust will post 1.54 EPS for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, March 31st. Pebblebrook Hotel Trust’s payout ratio is currently -5.00%.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

A number of institutional investors have recently added to or reduced their stakes in PEB. Whittier Trust Co. of Nevada Inc. purchased a new stake in Pebblebrook Hotel Trust in the 1st quarter valued at approximately $34,000. Quadrant Capital Group LLC boosted its holdings in Pebblebrook Hotel Trust by 32.8% in the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 796 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of Pebblebrook Hotel Trust during the 4th quarter worth approximately $38,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Pebblebrook Hotel Trust by 33.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 865 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of Pebblebrook Hotel Trust by 188.0% during the 4th quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 3,296 shares in the last quarter.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE:PEB) is a real estate investment trust specializing in premium, high-barrier-to-entry hotel properties in gateway markets across the United States. Established in 2009, PEB focuses on lifestyle-oriented lodging assets that cater to business and leisure travelers seeking elevated experiences. The company’s investment strategy emphasizes select-service and full-service hotels with established brands and prime urban or resort locations.

PEB’s portfolio comprises more than 30 properties in major metropolitan areas including New York City, Los Angeles, Chicago, Miami and San Francisco.