S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
These cryptos could skyrocket by January (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
These cryptos could skyrocket by January (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
These cryptos could skyrocket by January (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
These cryptos could skyrocket by January (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
NYSE:DRH

DiamondRock Hospitality (DRH) Stock Price, News & Analysis

$9.33
-0.02 (-0.21%)
(As of 02/23/2024 08:53 PM ET)
Today's Range
$9.24
$9.99
50-Day Range
$8.93
$9.65
52-Week Range
$7.14
$9.99
Volume
2.92 million shs
Average Volume
1.76 million shs
Market Capitalization
$1.96 billion
P/E Ratio
25.92
Dividend Yield
1.29%
Price Target
$9.75

DiamondRock Hospitality MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
4.5% Upside
$9.75 Price Target
Short Interest
Bearish
7.41% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.53mentions of DiamondRock Hospitality in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.15%
From $0.97 to $1.02 Per Share

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.

0.81 out of 5 stars

Finance Sector

782nd out of 842 stocks

Real Estate Investment Trusts Industry

163rd out of 177 stocks


DRH stock logo

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.

DRH Stock Price History

DRH Stock News Headlines

Elon Musk's "Project Dojo" is a Game-Changer
Morgan Stanley predicts that Musk's latest act will boost Tesla's shares by 80% in the next 12 months. But if you want to profit from this development, you'll buy the firm that could see its sales explode by 829% as "Project Dojo" sweeps the nation.
Q4 2023 Diamondrock Hospitality Co Earnings Call
DiamondRock price target raised by 50c at Stifel, here's why
The REAL Reason Americans Keep Falling Behind
In 2023, we saw waves of bank collapses, emergency bailouts, and Treasury bond crashes. Yet big banks are celebrating record earnings in 2024… as more and more ordinary folks struggle to make ends meet every day. The 24-year market veteran who called the Lehman Brothers collapse in 2008 reveals why. 
DRH Mar 2024 10.000 put
DiamondRock Hospitality Company (DRH)
Top 20 Most Unfriendly States in the US
Diamondrock Hospitality Co DRH
The Latest Analyst Ratings for Diamondrock Hospitality
See 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.

Company Calendar

Ex-Dividend for 1/11 Dividend
12/28/2023
Dividend Payable
1/11/2024
Last Earnings
2/23/2024
Today
2/25/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
CUSIP
25278430
Fax
N/A
Employees
30
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.75
High Stock Price Target
$11.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+4.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$109.33 million
Pretax Margin
9.01%

Debt

Sales & Book Value

Annual Sales
$1.07 billion
Cash Flow
$1.04 per share
Book Value
$7.57 per share

Miscellaneous

Free Float
206,692,000
Market Cap
$1.96 billion
Optionable
Optionable
Beta
1.61
Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Key Executives

  • Mr. Mark W. Brugger (Age 54)
    Co-Founder, President, CEO & Director
    Comp: $2.92M
  • Mr. Jeffrey John Donnelly C.F.A. (Age 53)
    Executive VP & CFO
    Comp: $1.3M
  • Mr. Justin L. Leonard (Age 46)
    Executive VP of Asset Management & COO
    Comp: $1.25M
  • Mr. Troy G. Furbay (Age 57)
    Executive VP & Chief Investment Officer
    Comp: $1.28M
  • Mr. William J. TennisMr. William J. Tennis (Age 69)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $1.15M
  • Mr. Dustin Resnick
    Vice President of Acquisitions and Investments
  • Ms. Briony R. Quinn CPA (Age 53)
    Senior VP & Treasurer














DRH Stock Analysis - Frequently Asked Questions

Should I buy or sell DiamondRock Hospitality stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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?

6 analysts have issued 1-year price targets for DiamondRock Hospitality's stock. Their DRH share price targets range from $8.00 to $11.00. On average, they expect the company's share price to reach $9.75 in the next twelve months. This suggests a possible upside of 4.5% 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 stock has decreased by 0.6% and is now trading at $9.33.
View the best growth stocks for 2024 here
.

Are investors shorting DiamondRock Hospitality?

DiamondRock Hospitality saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 15,360,000 shares, an increase of 17.7% from the December 31st total of 13,050,000 shares. Based on an average trading volume of 2,030,000 shares, the short-interest ratio is presently 7.6 days. Currently, 7.5% of the shares of the stock 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 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 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 net margin of 8.03% and a trailing twelve-month return on equity of 5.31%. The firm's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.23 EPS.

How often does DiamondRock Hospitality pay dividends? What is the dividend yield for DiamondRock Hospitality?

DiamondRock Hospitality announced a quarterly dividend on Friday, December 1st. Stockholders of record on Friday, December 29th will be paid a dividend of $0.03 per share on Thursday, January 11th. This represents a $0.12 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Thursday, December 28th.
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 1.28%. 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 11.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DRH.

What guidance has DiamondRock Hospitality issued on next quarter's earnings?

DiamondRock Hospitality issued an update on its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided EPS guidance of 0.880-1.020 for the period, compared to the consensus earnings per share estimate of 0.950. 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 a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (16.80%), Pzena Investment Management LLC (4.50%), Principal Financial Group Inc. (4.25%), Charles Schwab Investment Management Inc. (2.15%), Centersquare Investment Management LLC (2.14%) and Dimensional Fund Advisors LP (1.43%). Insiders that own company stock include Mark W Brugger and William J Tennis.
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 2/26/2024 by MarketBeat.com Staff