Pebblebrook Hotel Trust (NYSE:PEB) Shares Cross Above 200-Day Moving Average - Should You Sell?

Key Points

• Pebblebrook Hotel Trust shares moved above their 200-day moving average, reaching $19.44 and last trading near $18.98, compared with a 200-day average of $16.77.
• Analyst sentiment remains mixed: the stock has a consensus “Hold” rating and an average price target of $17.52, despite several recent target increases and three Buy ratings.
• The company beat quarterly earnings and revenue estimates, reporting $0.68 EPS versus expectations of $0.12 and $407.14 million in revenue, but continues to show negative net margin and return on equity. Its quarterly dividend is $0.01 per share, yielding approximately 0.2%.

Shares of Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $16.77 and traded as high as $19.44. Pebblebrook Hotel Trust shares last traded at $18.9770, with a volume of 2,105,993 shares.

Wall Street Analyst Weigh In

PEB has been the subject of a number of research analyst reports. Wells Fargo & Company increased their target price on shares of Pebblebrook Hotel Trust from $16.00 to $19.00 and gave the company an "equal weight" rating in a report on Thursday, July 23rd. Stifel Nicolaus lifted their price objective on Pebblebrook Hotel Trust from $20.25 to $21.25 and gave the stock a "buy" rating in a report on Thursday, July 30th. Citigroup upped their target price on Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the company a "neutral" rating in a report on Wednesday, July 22nd. Truist Financial boosted their price objective on shares of Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the stock a "buy" rating in a research report on Monday, June 29th. Finally, Barclays dropped their target price on shares of Pebblebrook Hotel Trust from $15.00 to $14.00 and set an "underweight" rating for the company in a report on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Pebblebrook Hotel Trust currently has a consensus rating of "Hold" and an average price target of $17.52.

Pebblebrook Hotel Trust Stock Performance

The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.83. The stock has a fifty day moving average price of $18.37 and a two-hundred day moving average price of $16.77. The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of -27.50, a PEG ratio of 1.30 and a beta of 1.43.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.56. The business had revenue of $407.14 million for the quarter, compared to analyst estimates of $400.05 million. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The business's revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 earnings per share. Pebblebrook Hotel Trust has set its Q3 2026 guidance at 0.480-0.520 EPS and its FY 2026 guidance at 1.690-1.760 EPS. As a group, analysts forecast that Pebblebrook Hotel Trust will post 1.71 EPS for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.01 per share. The ex-dividend date is Wednesday, September 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. Pebblebrook Hotel Trust's payout ratio is -5.80%.

Institutional Trading of Pebblebrook Hotel Trust

A number of hedge funds have recently bought and sold shares of the company. Cim Investment Management Inc. lifted its holdings in shares of Pebblebrook Hotel Trust by 7.3% during the 2nd quarter. Cim Investment Management Inc. now owns 13,180 shares of the real estate investment trust's stock worth $256,000 after acquiring an additional 893 shares during the period. Sequoia Financial Advisors LLC grew its holdings in Pebblebrook Hotel Trust by 9.0% in the second quarter. Sequoia Financial Advisors LLC now owns 11,001 shares of the real estate investment trust's stock valued at $214,000 after purchasing an additional 910 shares during the period. Corient Private Wealth LP increased its position in Pebblebrook Hotel Trust by 1.3% during the second quarter. Corient Private Wealth LP now owns 77,931 shares of the real estate investment trust's stock worth $1,513,000 after purchasing an additional 1,024 shares during the last quarter. GAMMA Investing LLC increased its position in Pebblebrook Hotel Trust by 10.5% during the second quarter. GAMMA Investing LLC now owns 11,876 shares of the real estate investment trust's stock worth $231,000 after purchasing an additional 1,130 shares during the last quarter. Finally, Nykredit A S acquired a new position in Pebblebrook Hotel Trust during the second quarter worth approximately $51,000.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust NYSE: PEB is a real estate investment trust that owns and invests in upper-upscale, full-service hotels, primarily in major urban and resort destinations across the United States. The company focuses on lifestyle-oriented properties, including independent hotels and hotels affiliated with nationally recognized brands.

Its properties provide lodging, dining, meeting, event, and other hospitality services. Pebblebrook seeks to create value through strategic acquisitions, renovations, repositioning, and active asset management, while working with hotel management companies to operate its properties.

Founded in 2009 and headquartered in Bethesda, Maryland, Pebblebrook has built a portfolio concentrated in markets such as coastal gateway cities and select resort destinations.

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