PEB Stock Summary and Trading Ideas (Pebblebrook Hotel Trust Common Shares Of Beneficial Interest | NYSE:PEB)

Pebblebrook Hotel Trust currently owns upper-upscale and luxury hotels with 11,924 rooms across 46 hotels in the United States. Pebblebrook acquired LaSalle Hotel Properties, which owned 10,451 rooms across 41 US hotels, in December 2018, though management has sold many of those hotels over the past few years. Pebblebrook's portfolio consists mostly of independent hotels with no brand affiliations, though the combined company does own and operate some hotels under Marriott, Starwood, InterContinental, Hilton, and Hyatt brands.

Pebblebrook Hotel Trust Common Shares Of Beneficial Interest trades on the NYSE stock market under the symbol PEB.

As of April 19, 2024, PEB stock price climbed to $14.63 with 1,391,772 million shares trading.

PEB has a beta of 1.36, meaning it tends to be more sensitive to market movements. PEB has a correlation of 0.22 to the broad based SPY ETF.

PEB has a market cap of $1.76 billion. This is considered a Small Cap stock.

In the last 3 years, PEB stock traded as high as $26.45 and as low as $11.39.

The top ETF exchange traded funds that PEB belongs to (by Net Assets): IJR, VNQ, VTI, VB, IWM.

PEB has underperformed the market in the last year with a price return of -0.3% while the SPY ETF gained +21.2%. PEB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.4% and -3.7%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

PEB support price is $14.04 and resistance is $14.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PEB stock will trade within this expected range on the day.