Pebblebrook Hotel Trust (NYSE:PEB) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Pebblebrook Hotel Trust (NYSE:PEB)’s stock price crossed 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 traded.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. LADENBURG THALM/SH SH assumed coverage on shares of Pebblebrook Hotel Trust in a research report on Thursday, March 26th. They set a “neutral” rating and a $14.00 target price on the stock. Weiss Ratings raised Pebblebrook Hotel Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. Barclays cut their target price on Pebblebrook Hotel Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, April 7th. Zacks Research downgraded Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. Finally, Truist Financial lifted their target price on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “hold” rating in a report on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Pebblebrook Hotel Trust presently has an average rating of “Reduce” and a consensus price target of $13.65.

Pebblebrook Hotel Trust Trading Up 2.4%

The business has a 50 day moving average of $13.62 and a two-hundred day moving average of $12.43. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of -18.91, a P/E/G ratio of 1.37 and a beta of 1.44.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share for the quarter, topping 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 business had revenue of $345.66 million for the quarter, compared to the consensus estimate of $331.23 million. During the same period in the prior year, the business earned $0.16 EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. Equities analysts predict that Pebblebrook Hotel Trust will post 1.54 EPS for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.01 per share. 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 dividend payout ratio is -5.00%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Alyeska Investment Group L.P. raised its holdings in Pebblebrook Hotel Trust by 11.1% during the fourth quarter. Alyeska Investment Group L.P. now owns 6,964,179 shares of the real estate investment trust’s stock worth $78,835,000 after buying an additional 695,277 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Pebblebrook Hotel Trust by 13.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,180,800 shares of the real estate investment trust’s stock worth $69,969,000 after buying an additional 711,042 shares during the last quarter. Millennium Management LLC raised its holdings in Pebblebrook Hotel Trust by 46.1% during the fourth quarter. Millennium Management LLC now owns 3,158,256 shares of the real estate investment trust’s stock worth $35,751,000 after buying an additional 997,119 shares during the last quarter. Woodline Partners LP raised its holdings in Pebblebrook Hotel Trust by 114.6% during the third quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock worth $35,889,000 after buying an additional 1,682,855 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Pebblebrook Hotel Trust by 6.2% during the fourth quarter. Geode Capital Management LLC now owns 3,033,952 shares of the real estate investment trust’s stock worth $34,350,000 after buying an additional 177,466 shares during 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.