DiamondRock Hospitality (DRH) Set to Release Quarterly Earnings on Tuesday

Key Points

• DiamondRock Hospitality is expected to report Q3 2026 results after the market closes on Tuesday, November 3. Analysts forecast earnings of $0.1512 per share and revenue of $290.38 million; the conference call is scheduled for November 4 at 10:00 a.m. ET.
• The REIT’s previous quarter exceeded expectations, with EPS of $0.44 versus the $0.22 consensus and revenue of $318.29 million, up 4.1% year over year. Full-year 2026 guidance is $1.18–$1.23 EPS.
• Wall Street maintains a consensus “Hold” rating with an average price target of $13.03, while DiamondRock recently raised its quarterly dividend to $0.11 per share, or $0.44 annually, yielding approximately 3.2%.

DiamondRock Hospitality (NYSE:DRH - Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect the company to announce earnings of $0.1512 per share and revenue of $290.38 million for the quarter. DiamondRock Hospitality has set its FY 2026 guidance at 1.180-1.230 EPS. Individuals may review the information on the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, November 4, 2026 at 10:00 AM ET.

DiamondRock Hospitality (NYSE:DRH - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.44 EPS for the quarter, topping the consensus estimate of $0.22 by $0.22. DiamondRock Hospitality had a return on equity of 4.04% and a net margin of 5.69%. The company had revenue of $318.29 million for the quarter, compared to analyst estimates of $314.98 million. During the same quarter in the previous year, the company posted $0.35 earnings per share. The firm's revenue was up 4.1% compared to the same quarter last year. On average, analysts expect DiamondRock Hospitality to post $0.96 EPS for the current fiscal year and $1.02 EPS for the next fiscal year.

DiamondRock Hospitality Price Performance

DRH stock opened at $13.94 on Tuesday. The company has a market capitalization of $2.85 billion, a P/E ratio of 55.76, a PEG ratio of 4.50 and a beta of 1.01. DiamondRock Hospitality has a twelve month low of $7.58 and a twelve month high of $14.10. The business has a 50 day simple moving average of $12.62 and a 200-day simple moving average of $11.18. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.70.

DiamondRock Hospitality Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th were paid a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.2%. This is a positive change from DiamondRock Hospitality's previous quarterly dividend of $0.09. The ex-dividend date was Wednesday, September 30th. DiamondRock Hospitality's dividend payout ratio (DPR) is presently 60.27%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DRH. Barclays lifted their price target on DiamondRock Hospitality from $12.00 to $14.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 27th. Truist Financial increased their price objective on shares of DiamondRock Hospitality from $12.00 to $15.00 and gave the stock a "buy" rating in a report on Thursday, September 10th. Stifel Nicolaus boosted their target price on shares of DiamondRock Hospitality from $12.50 to $13.25 and gave the company a "hold" rating in a report on Friday, July 31st. Citigroup increased their price target on shares of DiamondRock Hospitality from $11.00 to $13.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 22nd. Finally, Bank of America increased their target price on DiamondRock Hospitality from $12.50 to $13.00 and gave the stock a "buy" rating in a research report on Monday, July 20th. Four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, DiamondRock Hospitality currently has a consensus rating of "Hold" and an average target price of $13.03.

DiamondRock Hospitality Company Profile

DiamondRock Hospitality Company NYSE: DRH is a self-advised real estate investment trust that owns a portfolio of hotels and resort properties in the United States. The company focuses on lodging real estate in leisure destinations and gateway markets, with properties serving business travelers, vacationers, and group customers.

DiamondRock's portfolio includes hotels operated under nationally recognized brands as well as independent and boutique properties. Its business activities include acquiring, owning, leasing, and strategically managing hospitality real estate, while day-to-day hotel operations are generally carried out by third-party management companies and brand operators.

The company was formed in 2004 through a spin-off from Marriott International and is headquartered in Bethesda, Maryland.

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