DiamondRock Hospitality Stock Price, News & Analysis (NYSE:DRH) $8.65 +0.17 (+2.00%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$8.46▼$8.6750-Day Range$7.38▼$8.6552-Week Range$7.14▼$10.02Volume2.49 million shsAverage Volume2.17 million shsMarket Capitalization$1.81 billionP/E Ratio22.18Dividend Yield1.39%Price Target$9.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media DiamondRock Hospitality MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside9.8% Upside$9.50 Price TargetShort InterestBearish9.40% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.15Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth3.23%From $0.93 to $0.96 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.38 out of 5 starsFinance Sector700th out of 822 stocksReal Estate Investment Trusts Industry141st out of 174 stocks 1.1 Analyst's Opinion Consensus RatingDiamondRock Hospitality has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.50, DiamondRock Hospitality has a forecasted upside of 9.8% from its current price of $8.65.Amount of Analyst CoverageDiamondRock Hospitality has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.40% 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 8.9.Change versus previous monthShort interest in DiamondRock Hospitality has recently increased by 6.19%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldDiamondRock Hospitality pays a meaningful dividend of 1.42%, 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 30.77%. 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 12.50% 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 1.7 News and Social Media Coverage News SentimentDiamondRock Hospitality has a news sentiment score of 0.15. 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 lower news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for DiamondRock Hospitality this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 63 people have added DiamondRock Hospitality to their MarketBeat watchlist in the last 30 days. This is a decrease of -45% 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 3.23% in the coming year, from $0.93 to $0.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DiamondRock Hospitality is 22.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.39.Price to Earnings Ratio vs. SectorThe P/E ratio of DiamondRock Hospitality is 22.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.43.Price to Book Value per Share RatioDiamondRock Hospitality has a P/B Ratio of 1.14. 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 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 HeadlinesDecember 2, 2023 | americanbankingnews.comCritical Contrast: DiamondRock Hospitality (NYSE:DRH) & New York Mortgage Trust (NASDAQ:NYMT)December 1, 2023 | msn.comDiamondRock Hospitality declares $0.03 dividendDecember 4, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. December 1, 2023 | finance.yahoo.comDIAMONDROCK HOSPITALITY COMPANY DECLARES DIVIDENDS FOR FOURTH QUARTER 2023November 30, 2023 | markets.businessinsider.comStifel Nicolaus Reaffirms Their Buy Rating on Diamondrock (DRH)November 8, 2023 | uk.finance.yahoo.comDiamondRock Hospitality Company (HBO.F)November 8, 2023 | investing.comDiamondrock Hospitality Co (DRH_pa)November 2, 2023 | finance.yahoo.comDiamondRock Hospitality Company (NYSE:DRH) Q3 2023 Earnings Call TranscriptDecember 4, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 2, 2023 | finance.yahoo.comQ3 2023 Diamondrock Hospitality Co Earnings CallNovember 1, 2023 | finanznachrichten.deDiamondRock Hospitality Company: Diamondrock Hospitality Company Reports Third Quarter 2023 ResultsNovember 1, 2023 | msn.comDiamondRock Hospitality GAAP EPS of $0.12 beats by $0.02, revenue of $277.1M beats by $9.47MNovember 1, 2023 | finance.yahoo.comDiamondrock Hospitality Co (DRH) Reports Q3 2023 Earnings: Net Income at $27.3 MillionNovember 1, 2023 | finance.yahoo.comDiamondRock Hospitality (DRH) Reports Q3 Earnings: What Key Metrics Have to SayNovember 1, 2023 | finance.yahoo.comDIAMONDROCK HOSPITALITY COMPANY REPORTS THIRD QUARTER 2023 RESULTSOctober 28, 2023 | seekingalpha.comDRH DiamondRock Hospitality CompanyOctober 23, 2023 | finance.yahoo.comDIAMONDROCK HOSPITALITY RECOGNIZED AS A SECTOR LEADER BY GRESBOctober 22, 2023 | finance.yahoo.comBaron Funds: “We are Optimistic About our Investment in DiamondRock (DRH)”October 5, 2023 | msn.comDiamondrock Hospitality (DRH) Price Target Increased by 5.53% to 10.62September 15, 2023 | msn.comTruist Securities Maintains Diamondrock Hospitality (DRH) Hold RecommendationSeptember 12, 2023 | finance.yahoo.comDIAMONDROCK HOSPITALITY PROVIDES UPDATED INVESTOR PRESENTATIONSeptember 12, 2023 | seekingalpha.comDiamondRock Hospitality estimates fall in Q3 revenue generated per roomSeptember 6, 2023 | finance.yahoo.comDIAMONDROCK HOSPITALITY COMPANY DECLARES DIVIDENDS FOR THIRD QUARTER 2023August 16, 2023 | msn.comDiamondRock Hospitality: Undervalued Thanks To Room Pricing Strategies And Hotel EnhancementsAugust 7, 2023 | finance.yahoo.comDiamondRock Hospitality Company (NYSE:DRH) Q2 2023 Earnings Call TranscriptAugust 4, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About DiamondRock Hospitality (DRH) Q2 EarningsAugust 2, 2023 | finance.yahoo.comDIAMONDROCK ACQUIRES CHICO HOT SPRINGS RESORTSee 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 Earnings5/05/2022Ex-Dividend for 10/12 Dividend9/28/2023Dividend Payable10/12/2023Today12/04/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/20/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:DRH CUSIP25278430 CIK1298946 Webwww.drhc.com Phone(240) 744-1150FaxN/AEmployees30Year FoundedN/APrice Target and Rating Average Stock Price Target$9.50 High Stock Price Target$11.00 Low Stock Price Target$8.00 Potential Upside/Downside+10.9%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.39 Trailing P/E Ratio21.97 Forward P/E Ratio9.22 P/E GrowthN/ANet Income$109.33 million Net Margins8.79% Pretax Margin9.01% Return on Equity5.79% Return on Assets2.91% Debt Debt-to-Equity Ratio0.71 Current Ratio1.82 Quick Ratio1.82 Sales & Book Value Annual Sales$1.00 billion Price / Sales1.79 Cash Flow$1.06 per share Price / Cash Flow8.11 Book Value$7.57 per share Price / Book1.13Miscellaneous Outstanding Shares209,630,000Free Float206,692,000Market Cap$1.80 billion OptionableOptionable Beta1.60 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Mark W. Brugger (Age 53)Co-Founder, President, CEO & Director Comp: $2.92MMr. Jeffrey John Donnelly C.F.A. (Age 52)Executive VP & CFO Comp: $1.3MMr. Justin L. Leonard (Age 45)Executive VP of Asset Management & COO Comp: $1.25MMr. Troy G. Furbay (Age 56)Executive VP & Chief Investment Officer Comp: $1.28MMr. William J. Tennis (Age 68)Executive VP, General Counsel & Corporate Secretary Comp: $1.15MMr. Dustin ResnickVice President of Acquisitions and InvestmentsMs. Briony R. Quinn CPA (Age 52)Senior VP & Treasurer More ExecutivesKey CompetitorsCoreCivicNYSE:CXWRLJ Lodging TrustNYSE:RLJPebblebrook Hotel TrustNYSE:PEBLTC PropertiesNYSE:LTCService Properties TrustNASDAQ:SVCView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Sold 49,994 shares on 11/30/2023Ownership: 0.019%Deutsche Bank AGSold 46,389 shares on 11/24/2023Ownership: 0.068%Public Sector Pension Investment BoardSold 113,283 shares on 11/22/2023Ownership: 0.124%Walleye Capital LLCBought 32,330 shares on 11/21/2023Ownership: 0.015%Diversified Trust CoBought 2,108 shares on 11/17/2023Ownership: 0.025%View All Institutional Transactions DRH Stock Analysis - Frequently Asked Questions Should I buy or sell DiamondRock Hospitality stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 3 hold ratings and 1 buy rating 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? 4 brokerages have issued 1-year target prices for DiamondRock Hospitality's stock. Their DRH share price targets range from $8.00 to $11.00. On average, they predict the company's share price to reach $9.50 in the next year. This suggests a possible upside of 9.8% 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 2023? DiamondRock Hospitality's stock was trading at $8.19 at the beginning of the year. Since then, DRH stock has increased by 5.6% and is now trading at $8.65. View the best growth stocks for 2023 here. Are investors shorting DiamondRock Hospitality? DiamondRock Hospitality saw a increase in short interest in November. As of November 15th, there was short interest totaling 19,390,000 shares, an increase of 6.2% from the October 31st total of 18,260,000 shares. Based on an average daily volume of 2,180,000 shares, the days-to-cover ratio is presently 8.9 days. Currently, 9.4% 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 Tuesday, February 20th 2024. View our DRH earnings forecast. How were DiamondRock Hospitality's earnings last quarter? DiamondRock Hospitality (NYSE:DRH) announced its quarterly earnings data on Thursday, May, 5th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by $0.03. The real estate investment trust earned $196.80 million during the quarter, compared to analysts' expectations of $179.36 million. DiamondRock Hospitality had a net margin of 8.79% and a trailing twelve-month return on equity of 5.79%. The business's quarterly revenue was up 170.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.12) 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 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 dividend yield of 1.39%. 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 1.42%. The dividend payout ratio is 30.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DRH will have a dividend payout ratio of 12.50% 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 Principal Real Estate Active Opportunities ETF (BYRE), Fidelity Real Estate Investment ETF (FPRO), Nuveen Short-Term REIT ETF (NURE), Kelly Hotel & Lodging Sector ETF (HOTL), JPMorgan Realty Income ETF (JPRE) and Private Real Estate Strategy via Liquid REITs ETF (PRVT).SPDR S&P 600 Small Cap ETF (SLY). 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 FMR LLC (7.06%), Pzena Investment Management LLC (4.64%), Principal Financial Group Inc. (4.24%), JPMorgan Chase & Co. (2.69%), Invesco Ltd. (2.60%) and Charles Schwab Investment Management Inc. (2.06%). Insiders that own company stock include Briony R Quinn, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:DRH) was last updated on 12/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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