NYSE:DRH DiamondRock Hospitality (DRH) Stock Price, News & Analysis → AI finds its first serious application (From Wall Street Star) (Ad) Free drh Stock Alerts $9.06 +0.01 (+0.11%) (As of 10:52 AM ET) Add Compare Share Share Today's Range$9.06▼$9.1750-Day Range$8.78▼$9.8052-Week Range$7.33▼$9.99Volume165,947 shsAverage Volume1.72 million shsMarket Capitalization$1.91 billionP/E Ratio25.17Dividend Yield1.32%Price Target$10.30 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get DiamondRock Hospitality alerts: Email Address DiamondRock Hospitality MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside13.7% Upside$10.30 Price TargetShort InterestBearish7.45% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.63Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth5.21%From $0.96 to $1.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.76 out of 5 starsFinance Sector691st out of 869 stocksReal Estate Investment Trusts Industry143rd out of 180 stocks 2.2 Analyst's Opinion Consensus RatingDiamondRock Hospitality has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageDiamondRock Hospitality has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.45% of the float of DiamondRock Hospitality has been sold short.Short Interest Ratio / Days to CoverDiamondRock Hospitality has a short interest ratio ("days to cover") of 9.Change versus previous monthShort interest in DiamondRock Hospitality has recently increased by 14.75%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldDiamondRock Hospitality pays a meaningful dividend of 1.33%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDiamondRock Hospitality does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of DiamondRock Hospitality is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, DiamondRock Hospitality will have a dividend payout ratio of 11.88% next year. This indicates that DiamondRock Hospitality will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DRH. Previous Next 3.1 News and Social Media Coverage News SentimentDiamondRock Hospitality has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for DiamondRock Hospitality this week, compared to 2 articles on an average week.MarketBeat Follows61 people have added DiamondRock Hospitality to their MarketBeat watchlist in the last 30 days. This is an increase of 15% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DiamondRock Hospitality insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.40% of the stock of DiamondRock Hospitality is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for DiamondRock Hospitality are expected to grow by 5.21% in the coming year, from $0.96 to $1.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DiamondRock Hospitality is 25.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.14.Price to Earnings Ratio vs. SectorThe P/E ratio of DiamondRock Hospitality is 25.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 53.41.Price to Book Value per Share RatioDiamondRock Hospitality has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarAI finds its first serious applicationAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry About DiamondRock Hospitality Stock (NYSE:DRH)DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in leisure destinations and top gateway markets. The Company currently owns 36 premium quality hotels with over 9,700 rooms. The Company has strategically positioned its portfolio to be operated both under leading global brand families as well as independent boutique hotels in the lifestyle segment.Read More DRH Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DRH Stock News HeadlinesApril 25, 2024 | americanbankingnews.comDiamondRock Hospitality (DRH) Set to Announce Earnings on ThursdayApril 22, 2024 | americanbankingnews.comAnalysts Set DiamondRock Hospitality (NYSE:DRH) Target Price at $10.30April 29, 2024 | Wall Street Star (Ad)AI finds its first serious applicationAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.April 17, 2024 | bizjournals.comMaryland REIT replaces longtime CEO in C-suite shakeupApril 15, 2024 | bizjournals.comBethesda REIT replaces longtime CEO in C-suite shakeupApril 15, 2024 | prnewswire.comDiamondRock Hospitality Company Implements Leadership Changes and Simplified Organizational StructureMarch 25, 2024 | prnewswire.comDIAMONDROCK HOSPITALITY COMPANY ANNOUNCES RETIREMENT OF GENERAL COUNSELMarch 16, 2024 | finance.yahoo.comDRH Jun 2024 10.000 callApril 29, 2024 | Wall Street Star (Ad)AI finds its first serious applicationAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.March 14, 2024 | finance.yahoo.comDIAMONDROCK HOSPITALITY ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALLMarch 14, 2024 | markets.businessinsider.comKey Takeaways From Diamondrock Hospitality Analyst RatingsMarch 4, 2024 | prnewswire.comDIAMONDROCK HOSPITALITY DECLARES DIVIDEND FOR FIRST QUARTER 2024February 26, 2024 | markets.businessinsider.comDiamondrock Hospitality: A Buy Rating with Positive Outlook and Steady Capital StrategyFebruary 24, 2024 | finance.yahoo.comDiamondRock Hospitality Company (NYSE:DRH) Q4 2023 Earnings Call TranscriptFebruary 24, 2024 | finance.yahoo.comQ4 2023 Diamondrock Hospitality Co Earnings CallFebruary 24, 2024 | markets.businessinsider.comDiamondrock’s Stable Performance and Cautious Outlook Justify Hold RatingFebruary 23, 2024 | realmoney.thestreet.comDiamondRock price target raised by 50c at Stifel, here's whyFebruary 22, 2024 | finance.yahoo.comDIAMONDROCK HOSPITALITY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTSFebruary 22, 2024 | finance.yahoo.comDiamondrock Hospitality Co (DRH) Reports Mixed Results for Q4 and Full Year 2023February 19, 2024 | finance.yahoo.comCountdown to DiamondRock Hospitality (DRH) Q4 Earnings: A Look at Estimates Beyond Revenue and EPSFebruary 19, 2024 | finance.yahoo.comDRH Mar 2024 10.000 putFebruary 8, 2024 | benzinga.comDiamondrock Hospitality Stock (NYSE:DRH) Dividends: History, Yield and DatesFebruary 1, 2024 | seekingalpha.comDiamondRock Hospitality: Preferred Stock Offers A 7.1% Yield-To-Call For 18 MonthsJanuary 22, 2024 | finance.yahoo.comDIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2023 DIVIDENDSJanuary 22, 2024 | finance.yahoo.comDiamondRock Hospitality Company (DRH)January 22, 2024 | msn.comDiamondRock Hospitality Q4 comp revenue rises 0.4% Y/Y, RevPAR up 0.6%January 11, 2024 | msn.comWolfe Research Initiates Coverage of DiamondRock Hospitality (DRH) with Outperform RecommendationSee More Headlines Receive DRH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DiamondRock Hospitality and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/23/2024Ex-Dividend for 4/12 Dividend3/27/2024Dividend Payable4/12/2024Today4/29/2024Next Earnings (Confirmed)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustrySpecialized REITs Current SymbolNYSE:DRH CUSIP25278430 CIK1298946 Webwww.drhc.com Phone(240) 744-1150FaxN/AEmployees33Year FoundedN/APrice Target and Rating Average Stock Price Target$10.30 High Stock Price Target$11.00 Low Stock Price Target$9.00 Potential Upside/Downside+13.7%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.36 Trailing P/E Ratio25.17 Forward P/E Ratio9.44 P/E GrowthN/ANet Income$86.34 million Net Margins8.03% Pretax Margin8.09% Return on Equity5.29% Return on Assets2.68% Debt Debt-to-Equity Ratio0.71 Current Ratio2.00 Quick Ratio2.00 Sales & Book Value Annual Sales$1.07 billion Price / Sales1.78 Cash Flow$0.95 per share Price / Cash Flow9.51 Book Value$7.87 per share Price / Book1.15Miscellaneous Outstanding Shares210,780,000Free Float207,829,000Market Cap$1.91 billion OptionableOptionable Beta1.60 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Mark W. Brugger (Age 54)Co-Founder, President, CEO & Director Comp: $2.92MMr. Jeffrey John Donnelly C.F.A. (Age 53)Executive VP & CFO Comp: $1.3MMr. Justin L. Leonard (Age 46)Executive VP of Asset Management & COO Comp: $1.25MMr. Troy G. Furbay (Age 57)Executive VP & Chief Investment Officer Comp: $1.28MMr. William J. Tennis (Age 69)Executive VP, General Counsel & Corporate Secretary Comp: $1.15MMr. Dustin ResnickVice President of Acquisitions and InvestmentsMs. Briony R. Quinn CPA (Age 53)Senior VP & Treasurer More ExecutivesKey CompetitorsPebblebrook Hotel TrustNYSE:PEBRLJ Lodging TrustNYSE:RLJCoreCivicNYSE:CXWLTC PropertiesNYSE:LTCNational Health InvestorsNYSE:NHIView All CompetitorsInstitutional OwnershipYousif Capital Management LLCSold 16,147 shares on 4/26/2024Ownership: 0.034%New York State Teachers Retirement SystemSold 9,600 shares on 4/25/2024Ownership: 0.210%Louisiana State Employees Retirement SystemSold 1,100 shares on 4/23/2024Ownership: 0.049%Sumitomo Mitsui Trust Holdings Inc.Sold 12,598 shares on 4/19/2024Ownership: 0.111%Diversified Trust CoBought 2,984 shares on 4/18/2024Ownership: 0.028%View All Institutional Transactions DRH Stock Analysis - Frequently Asked Questions Should I buy or sell DiamondRock Hospitality stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" DRH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DRH, but not buy additional shares or sell existing shares. View DRH analyst ratings or view top-rated stocks. What is DiamondRock Hospitality's stock price target for 2024? 5 brokerages have issued 12 month price targets for DiamondRock Hospitality's stock. Their DRH share price targets range from $9.00 to $11.00. On average, they predict the company's stock price to reach $10.30 in the next year. This suggests a possible upside of 13.7% from the stock's current price. View analysts price targets for DRH or view top-rated stocks among Wall Street analysts. How have DRH shares performed in 2024? DiamondRock Hospitality's stock was trading at $9.39 at the start of the year. Since then, DRH shares have decreased by 3.5% and is now trading at $9.06. View the best growth stocks for 2024 here. Are investors shorting DiamondRock Hospitality? DiamondRock Hospitality saw a increase in short interest in April. As of April 15th, there was short interest totaling 15,250,000 shares, an increase of 14.7% from the March 31st total of 13,290,000 shares. Based on an average daily volume of 1,700,000 shares, the short-interest ratio is presently 9.0 days. Approximately 7.5% of the shares of the company are sold short. View DiamondRock Hospitality's Short Interest. When is DiamondRock Hospitality's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our DRH earnings forecast. How can I listen to DiamondRock Hospitality's earnings call? DiamondRock Hospitality will be holding an earnings conference call on Friday, May 3rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were DiamondRock Hospitality's earnings last quarter? DiamondRock Hospitality (NYSE:DRH) announced its quarterly earnings results on Friday, February, 23rd. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.14. The real estate investment trust earned $263.50 million during the quarter, compared to analyst estimates of $261.45 million. DiamondRock Hospitality had a trailing twelve-month return on equity of 5.29% and a net margin of 8.03%. The business's revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.23 earnings per share. How often does DiamondRock Hospitality pay dividends? What is the dividend yield for DiamondRock Hospitality? DiamondRock Hospitality declared a quarterly dividend on Monday, March 4th. Stockholders of record on Friday, March 29th will be paid a dividend of $0.03 per share on Friday, April 12th. This represents a $0.12 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for DRH. Is DiamondRock Hospitality a good dividend stock? DiamondRock Hospitality (NYSE:DRH) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.33%. The dividend payout ratio is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DRH will have a dividend payout ratio of 11.88% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DRH. What ETFs hold DiamondRock Hospitality's stock? ETFs with the largest weight of DiamondRock Hospitality (NYSE:DRH) stock in their portfolio include SRH REIT Covered Call ETF (SRHR), Principal Real Estate Active Opportunities ETF (BYRE), Fidelity Real Estate Investment ETF (FPRO), Nuveen Short-Term REIT ETF (NURE), Cambria Global Real Estate ETF (BLDG), Kelly Hotel & Lodging Sector ETF (HOTL), JPMorgan Realty Income ETF (JPRE) and Intelligent Real Estate ETF (PRVT). What guidance has DiamondRock Hospitality issued on next quarter's earnings? DiamondRock Hospitality updated its FY 2024 earnings guidance on Monday, April, 15th. The company provided earnings per share (EPS) guidance of 0.880-1.020 for the period, compared to the consensus earnings per share estimate of 0.960. The company issued revenue guidance of -. What is Mark W. Brugger's approval rating as DiamondRock Hospitality's CEO? 3 employees have rated DiamondRock Hospitality Chief Executive Officer Mark W. Brugger on Glassdoor.com. Mark W. Brugger has an approval rating of 100% among the company's employees. This puts Mark W. Brugger in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of DiamondRock Hospitality own? Based on aggregate information from My MarketBeat watchlists, some companies that other DiamondRock Hospitality investors own include Energy Transfer (ET), InterDigital (IDCC), STAG Industrial (STAG), AT&T (T), CBL & Associates Properties (CBL), Ford Motor (F), General Electric (GE), NGL Energy Partners (NGL), Invesco Mortgage Capital (IVR) and Annaly Capital Management (NLY). Who are DiamondRock Hospitality's major shareholders? DiamondRock Hospitality's stock is owned by many different retail and institutional investors. Top institutional investors include New York State Teachers Retirement System (0.21%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Louisiana State Employees Retirement System (0.05%), Yousif Capital Management LLC (0.03%), Diversified Trust Co (0.03%) and Allspring Global Investments Holdings LLC (0.02%). View institutional ownership trends. How do I buy shares of DiamondRock Hospitality? Shares of DRH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:DRH) was last updated on 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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