Lumida
/PEB
⌘K
Pebblebrook Hotel Trust

Pebblebrook Hotel Trust

PEB
$17.84USD-1.33%-0.24 today

MARKET CAP

2.0B

P/E (TTM)

FWD P/E

DAY RANGE

$18 – $19

52W RANGE

$10
$20

AI Summary

Stalk
TrimMedium

Support failure below the key $18.00 zone and price tracking under the 9/20/50 EMAs confirm bearish medium-term structure. We maintain a bearish posture, awaiting a pullback or retest into EMAs or the $18.00–$17.90 support range for controlled trims, while acknowledging the intact long-term uptrend above the 200-day average.

  • Q1 same-property hotel EBITDA jumped 27.6% to $82.2 M
  • RevPAR up 37.9% in Q4 2025 with occupancy +550 bps
  • Washington RevPAR down 24.1%, dragging portfolio performance
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Pebblebrook Hotel Trust (NYSE:PEB) is a real estate investment trust (REIT) dedicated to owning and operating upscale and luxury hotel properties primarily located in urban and resort markets throughout the United States. The company has strategically emphasized enhancing its portfolio through redevelopment projects to capitalize on emerging demand trends, particularly focusing on high-end leisure and corporate travel. This positioning within the hospitality sector highlights its aim for stability in capital appreciation and sustainable income generation amidst ongoing market dynamics.

Bull says

  • Q1 same-property hotel EBITDA jumped 27.6% to $82.2 M
  • RevPAR up 37.9% in Q4 2025 with occupancy +550 bps
  • Plans $65–75 M in capex to upgrade and redevelop properties
  • Adjusted FFO/share doubled to $0.32 YoY, beating guidance
  • Strong liquidity with >400 k shares repurchased, healthy balance sheet
  • Testing AI tools to improve operations and guest experience

Bear says

  • Washington RevPAR down 24.1%, dragging portfolio performance
  • Geopolitical tensions could curtail leisure and corporate travel
  • Leverage risk elevated from high debt levels vs. EBITDA
  • Negative profitability factors suggest weak revenue-to-profit conversion
  • Rising opex and price sensitivity may squeeze margins
  • No dividend yield limits shareholder cash returns

Investment themes with PEB

Hotel & Resorts REITs +0.26%

RHP · APLE · DRH
Most Shorted Stocks +0.54%

Stocks with highest short interest

LITE · FSLY · SPHR

Earnings Call · Q2 2025 · Mgmt. Guidance

Updated 08-19-2026neutral

Transcript signals

Bull points

  • our second quarter performance exceeded our outlook, driven by healthy occupancy gains, continued resilient -of-room revenue growth, and another strong quarter of cost discipline and efficiency improvements.
  • Newport, which is excluded from our same property results due to its closure for part of Q2 last year, outperformed expectations, fueled by strong business groups and leisure demand, and excellent flow through across rooms and non-rooms revenues.
  • LaPy in Naples, Florida, we're pleased to report that the resort is fully restored and operational following last year's hurricanes.

Bear points

  • Los Angeles remained a modest drag on performance with a $2.2 million Ibiza headwind, which was about $700,000 more than we anticipated.
  • One key trend that we're watching closely is the continued shortening of the booking window, especially for leisure travel. It's putting near-term pressure on leisure rates and reducing forward visibility in today's uncertain macroeconomic environment.
  • the strength of the broader portfolio is more apparent when we exclude Los Angeles, which continues to face a unique set of market-specific edu-winds.
Read full transcript analysis ›