DiamondRock Hospitality Company Profile (NYSE:DRH)

About DiamondRock Hospitality

DiamondRock Hospitality logoDiamondRock Hospitality Company is a lodging-focused Maryland corporation operating as a real estate investment trust (REIT). The Company owns a portfolio of approximately 30 hotels and resorts throughout North America and the United States Virgin Islands that consists of over 10,925 guest rooms. Its primary business is to acquire, own, asset manage and renovate full-service hotel properties in the United States. Its portfolio is concentrated in gateway cities and destination resort locations. The Company conducts its business through an umbrella partnership REIT (UPREIT) in which the Company's hotels are owned by subsidiaries of its operating partnership, DiamondRock Hospitality Limited Partnership. The Company is the sole general partner of its operating partnership and owns either directly or indirectly, all of the limited partnership units of its operating partnership.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Hotel/Motel
  • Sub-Industry: Specialized REITs
  • Exchange: NYSE
  • Symbol: DRH
  • CUSIP: 25278430
Key Metrics:
  • Previous Close: $9.38
  • 50 Day Moving Average: $9.24
  • 200 Day Moving Average: $9.45
  • 52-Week Range: $7.28 - $12.04
  • Trailing P/E Ratio: 16.93
  • Foreward P/E Ratio: 9.50
  • P/E Growth: 6.98
  • Market Cap: $1.87B
  • Outstanding Shares: 200,888,000
  • Beta: 1.53
  • Net Margins: 11.80%
  • Return on Equity: 6.24%
  • Return on Assets: 3.57%
  • Debt-to-Equity Ratio: 0.50%
  • Current Ratio: 2.65%
  • Quick Ratio: 2.65%
Additional Links:
Companies Related to DiamondRock Hospitality:

Analyst Ratings

Consensus Ratings for DiamondRock Hospitality (NYSE:DRH) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $10.60 (13.86% upside)

Analysts' Ratings History for DiamondRock Hospitality (NYSE:DRH)
DateFirmActionRatingPrice TargetDetails
10/5/2016Citigroup Inc.Boost Price TargetNeutral$9.00 -> $10.00View Rating Details
9/26/2016Morgan StanleyDowngradeEqual Weight -> Underweight$10.00 -> $8.00View Rating Details
8/16/2016Canaccord GenuityReiterated RatingBuy$12.00View Rating Details
8/11/2016Barclays PLCReiterated RatingBuy$11.00View Rating Details
6/26/2016Deutsche Bank AGReiterated RatingHold$11.00View Rating Details
5/23/2016Janney Montgomery ScottInitiated CoverageNeutral$11.00 -> $9.50View Rating Details
3/29/2016Stifel NicolausInitiated CoverageHoldView Rating Details
3/23/2016Credit Suisse Group AGReiterated RatingOutperform$9.50 -> $10.50View Rating Details
2/24/2016SunTrust Banks Inc.Boost Price TargetNeutral$9.50 -> $12.00View Rating Details
1/19/2016Evercore ISILower Price Target$11.00 -> $9.00View Rating Details
1/11/2016JMP SecuritiesDowngradeOutperform -> Market PerformView Rating Details
1/7/2016Robert W. BairdLower Price Target$15.00 -> $13.00View Rating Details
10/5/2015KeyCorpDowngradeOverweightView Rating Details
4/27/2015MLV & Co.Set Price TargetBuy$17.00View Rating Details
2/25/2015FBR & CoBoost Price TargetOutperform$14.00 -> $16.00View Rating Details
(Data available from 10/26/2014 forward)


Earnings History for DiamondRock Hospitality (NYSE:DRH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/5/2016Q216$0.32$0.31$259.26 million$256.66 millionViewListenView Earnings Details
5/6/2016Q116$0.19$0.21$219.15 million$213.03 millionViewListenView Earnings Details
2/23/2016Q415$0.25$0.26$234.63 million$233.80 millionViewListenView Earnings Details
11/5/2015Q315$0.27$0.26$241.61 million$238.50 millionViewListenView Earnings Details
8/7/2015Q215$0.31$0.31$251.68 million$249.80 millionViewListenView Earnings Details
5/8/2015Q115$0.17$0.19$205.63 million$208.90 millionViewListenView Earnings Details
2/24/2015Q414$0.23$0.21$224.76 million$223.60 millionViewListenView Earnings Details
11/4/2014Q314$0.23$0.26$228.02 million$229.21 millionViewListenView Earnings Details
8/8/2014Q214$0.25$0.26$231.99 million$229.93 millionViewListenView Earnings Details
5/12/2014Q114$0.14$0.15$189.25 million$190.08 millionViewListenView Earnings Details
2/25/2014Q413$0.19$0.17$208.60 million$201.47 millionViewListenView Earnings Details
11/8/2013Q313$0.21$0.18$218.74 million$210.60 millionViewListenView Earnings Details
8/9/2013Q213$0.21$0.22$218.74 million$221.18 millionViewListenView Earnings Details
5/10/2013Q113$0.09$0.14$169.37 million$179.27 millionViewListenView Earnings Details
3/1/2013Q412$0.25$0.29$257.16 million$266.40 millionViewListenView Earnings Details
10/12/2012Q312$0.18$0.18$192.30 million$199.60 millionViewN/AView Earnings Details
7/25/2012$0.20$0.20ViewN/AView Earnings Details
4/30/2012$0.07$0.09ViewN/AView Earnings Details
2/29/2012$0.26$0.24ViewN/AView Earnings Details
10/19/2011$0.16$0.16ViewN/AView Earnings Details
7/25/2011$0.17$0.15ViewN/AView Earnings Details
5/3/2011$0.08$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for DiamondRock Hospitality (NYSE:DRH)
Current Year EPS Consensus Estimate: $1.01 EPS
Next Year EPS Consensus Estimate: $0.98 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.19$0.19$0.19
Q2 20162$0.33$0.34$0.34
Q3 20162$0.24$0.26$0.25
Q4 20162$0.23$0.23$0.23
Q1 20172$0.18$0.18$0.18
Q2 20172$0.27$0.28$0.28
Q3 20172$0.24$0.25$0.25
Q4 20172$0.23$0.24$0.24
(Data provided by Zacks Investment Research)


Current Dividend Information for DiamondRock Hospitality (NYSE:DRH)
Annual Dividend:$0.50
Dividend Yield:5.37%
Dividend Growth:14.30% (3 Year Average)
Payout Ratio:89.29% (Based on Trailing 12 Months of Earnings)
49.50% (Based on Current Year Consensus EPS Estimate)
51.02% (Based on Next Year Consensus EPS Estimate)

Dividend History for DiamondRock Hospitality (NYSE:DRH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for DiamondRock Hospitality (NYSE:DRH)
Insider Ownership Percentage: 1.20%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/22/2014Briony R QuinnCAOSell10,000$15.34$153,400.00View SEC Filing  
8/19/2014Sean M MahoneyCFOSell20,000$13.25$265,000.00View SEC Filing  
7/16/2014Mark W BruggerCEOSell40,000$13.05$522,000.00View SEC Filing  
5/16/2014Gilbert RayDirectorSell15,797$11.88$187,668.36View SEC Filing  
2/20/2014William MccartenDirectorSell46,101$12.25$564,737.25View SEC Filing  
12/23/2013William MccartenDirectorSell57,647$11.75$677,352.25View SEC Filing  
12/18/2013William MccartenDirectorSell14,741$11.29$166,425.89View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for DiamondRock Hospitality (NYSE:DRH)
capitalcube.com logoDiamondRock Hospitality Co. : DRH-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : October 24, 2016 (NYSE:DRH)
www.capitalcube.com - October 24 at 4:32 PM
4-traders.com logoAnalysts Ratings on: DiamondRock Hospitality Company (NYSE:DRH)
www.4-traders.com - October 16 at 9:20 AM
publicnow.com logoDiamondRock Hospitality Announces Third Quarter 2016 Earnings Release And Conference Call (NYSE:DRH)
www.publicnow.com - October 13 at 4:38 PM
feeds.reuters.com logoBRIEF-Diamondrock Hospitality says William J. Shaw appointed to the board (NYSE:DRH)
feeds.reuters.com - September 29 at 4:39 PM
4-traders.com logoDiamondRock Hospitality : Analyst Stock Recommendations For DiamondRock Hospitality Company ,SolarCity Corporation. (NYSE:DRH)
www.4-traders.com - September 24 at 9:19 AM
stocksdaily.net logoDiamondrock Hospitality Company (NYSE:DRH) Ratings in Focus (NYSE:DRH)
www.stocksdaily.net - September 23 at 4:26 PM
nasdaq.com logoDiamondRock Hospitality is Oversold (NYSE:DRH)
www.nasdaq.com - September 14 at 8:51 AM
seekingalpha.com logoDiamondRock Hospitality Company declares $0.125 dividend (NYSE:DRH)
seekingalpha.com - September 14 at 8:51 AM
News IconBroker Price Targets: Diamondrock Hospitality Company (NYSE:DRH) (NYSE:DRH)
www.nationaldailypress.com - September 14 at 8:51 AM
publicnow.com logoDiamondRock Announces Third Quarter Dividend of $0.125 Per Share (NYSE:DRH)
www.publicnow.com - September 14 at 8:51 AM
stocksdaily.net logoDiamondrock Hospitality Company (NYSE:DRH) High Price Estimate At $11 (NYSE:DRH)
www.stocksdaily.net - September 12 at 4:27 PM
News IconStock Slipping Down Over the Past Five Trading Sessions: Diamondrock Hospitality Co. (NYSE:DRH) (NYSE:DRH)
www.nationaldailypress.com - September 9 at 9:31 AM
thestreet.com logoDiamondRock Hospitality (DRH) Stock Slips on COO Tanenbaum Resignation (NYSE:DRH)
www.thestreet.com - September 6 at 4:35 PM
seekingalpha.com logoDiamondRock Hospitality COO to exit (NYSE:DRH)
seekingalpha.com - September 6 at 9:32 AM
biz.yahoo.com logoDIAMONDROCK HOSPITALITY CO Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:DRH)
biz.yahoo.com - September 6 at 9:32 AM
capitalcube.com logoETF’s with exposure to DiamondRock Hospitality Co. : August 24, 2016 (NYSE:DRH)
www.capitalcube.com - August 24 at 4:40 PM
bizjournals.com logoThree D.C. area hotels hit by malware attack (NYSE:DRH)
www.bizjournals.com - August 15 at 4:49 PM
capitalcube.com logoDiamondRock Hospitality Co. :DRH-US: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (NYSE:DRH)
www.capitalcube.com - August 11 at 4:50 PM
finance.yahoo.com logoDIAMONDROCK HOSPITALITY CO Financials (NYSE:DRH)
finance.yahoo.com - August 11 at 4:50 PM
fxpips.com logoTop Moving Stocks Financial Sector, Aug. 7 (NYSE:DRH)
www.fxpips.com - August 8 at 9:29 AM
finance.yahoo.com logo7:33 am Diamondrock Hospitality misses by $0.01, reports revs in-line; lowers FY16 guidance (NYSE:DRH)
finance.yahoo.com - August 7 at 9:08 AM
finance.yahoo.com logoEdited Transcript of DRH earnings conference call or presentation 5-Aug-16 1:00pm GMT (NYSE:DRH)
finance.yahoo.com - August 5 at 9:56 PM
thestreet.com logoDiamondRock Hospitality (DRH) Stock Rises Despite Q2 Miss (NYSE:DRH)
www.thestreet.com - August 5 at 4:43 PM
biz.yahoo.com logoDIAMONDROCK HOSPITALITY CO Files SEC form 10-Q, Quarterly Report (NYSE:DRH)
biz.yahoo.com - August 5 at 4:43 PM
benzinga.com logoREIT Earnings Season Is Underway: DiamondRock Posts Q2 Miss (NYSE:DRH)
www.benzinga.com - August 5 at 8:50 AM
News IconDiamondRock Hospitality Company Reports Second Quarter 2016 Outcomes. South Carolina SC (NYSE:DRH)
www.southcarolinasc.com - August 5 at 8:50 AM
sg.finance.yahoo.com logoDiamondRock Hospitality reports 2Q results (NYSE:DRH)
sg.finance.yahoo.com - August 5 at 8:50 AM
biz.yahoo.com logoDiamondRock Hospitality Co Earnings Call scheduled for 9:00 am ET today (NYSE:DRH)
biz.yahoo.com - August 5 at 8:50 AM
News IconDiamondRock Hospitality Sells 821-Room Hilton Minneapolis, 169-Room Hilton Garden Inn Chelsea (NYSE:DRH)
www.costar.com - August 1 at 4:39 PM
finance.yahoo.com logoNew Strong Sell Stocks for July 19th (NYSE:DRH)
finance.yahoo.com - July 19 at 9:04 AM
www.4-traders.com - July 15 at 3:43 PM
News IconHilton Garden Inn Chelsea / New York City Sold for $65 Million (NYSE:DRH)
www.hotelnewsresource.com - July 14 at 10:10 PM
publicnow.com logoDiamondRock Completes Sale Of Hilton Garden Inn Chelsea / New York City And Provides Update On Recent Dispositions (NYSE:DRH)
www.publicnow.com - July 14 at 9:28 AM
biz.yahoo.com logoDIAMONDROCK HOSPITALITY CO Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:DRH)
biz.yahoo.com - July 14 at 9:16 AM
News IconThanks to Brexit, This Sector is Making a HUGE Comeback (NYSE:DRH)
www.wallstreetdaily.com - July 11 at 9:29 AM
capitalcube.com logoDiamondRock Hospitality Co. breached its 50 day moving average in a Bullish Manner : DRH-US : July 8, 2016 (NYSE:DRH)
www.capitalcube.com - July 8 at 8:10 AM
publicnow.com logoDiamondRock Hospitality Announces Second Quarter 2016 Earnings Release and Conference Call (NYSE:DRH)
www.publicnow.com - July 6 at 9:11 AM
capitalcube.com logoDiamondRock Hospitality Co. breached its 50 day moving average in a Bearish Manner : DRH-US : June 27, 2016 (NYSE:DRH)
www.capitalcube.com - June 27 at 9:41 AM
4-traders.com logoDiamondRock Hospitality : Completes Sale Of Orlando Airport Marriott (NYSE:DRH)
www.4-traders.com - June 22 at 4:48 PM
prnewswire.com logoDiamondRock Completes Sale Of Orlando Airport Marriott (NYSE:DRH)
www.prnewswire.com - June 22 at 4:48 PM
capitalcube.com logoDiamondRock Hospitality Co. breached its 50 day moving average in a Bearish Manner : DRH-US : June 10, 2016 (NYSE:DRH)
www.capitalcube.com - June 10 at 8:20 AM
publicnow.com logoDiamondRock Announces Second Quarter Dividend Of $0.125 Per Share (NYSE:DRH)
www.publicnow.com - June 1 at 4:45 PM
finance.yahoo.com logoDiamondrock Hospitality Pays Off $48M Mortgage Loan (NYSE:DRH)
finance.yahoo.com - May 17 at 7:35 AM
seekingalpha.com logoDiamondRock Hospitality pays off a mortgage (NYSE:DRH)
seekingalpha.com - May 16 at 9:37 PM
publicnow.com logoDiamondRock Pays Off $48 Million Hotel Loan (NYSE:DRH)
www.publicnow.com - May 16 at 4:22 PM
capitalcube.com logoDiamondRock Hospitality Co. :DRH-US: Earnings Analysis: Q1, 2016 By the Numbers (NYSE:DRH)
www.capitalcube.com - May 9 at 10:50 AM
capitalcube.com logoDiamondRock Hospitality Co. breached its 50 day moving average in a Bullish Manner : DRH-US : May 9, 2016 (NYSE:DRH)
www.capitalcube.com - May 9 at 8:12 AM
fidaily.com logoShares now unchanged at $9.14 DiamondRock Hospitality Company Reports… (NYSE:DRH)
www.fidaily.com - May 6 at 4:56 PM
finance.yahoo.com logoEdited Transcript of DRH earnings conference call or presentation 6-May-16 2:00pm GMT (NYSE:DRH)
finance.yahoo.com - May 6 at 2:36 PM
sg.finance.yahoo.com logoDiamondRock Hospitality reports 1Q results (NYSE:DRH)
sg.finance.yahoo.com - May 6 at 8:22 AM


DiamondRock Hospitality (NYSE:DRH) Chart for Wednesday, October, 26, 2016

Last Updated on 10/26/2016 by MarketBeat.com Staff