NYSE:DRH - DiamondRock Hospitality Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$10.79 -0.12 (-1.10 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$10.79
Today's Range$10.70 - $10.93
52-Week Range$8.69 - $12.99
Volume2.51 million shs
Average Volume2.95 million shs
Market Capitalization$2.18 billion
P/E Ratio10.58
Dividend Yield4.63%
Beta1.46
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 top gateway markets and destination resort locations. The Company owns 31 premium quality hotels with over 10,000 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families such as Hilton and Marriott as well as unique boutique hotels in the lifestyle segment.

Receive DRH News and Ratings via Email

Sign-up to receive the latest news and ratings for DRH and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP25278430
Phone240-744-1150

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$863.70 million
Cash Flow$0.9129 per share
Book Value$9.09 per share

Profitability

Net Income$87.78 million

Miscellaneous

Employees31
Market Cap$2.18 billion
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

DiamondRock Hospitality (NYSE:DRH) Frequently Asked Questions

What is DiamondRock Hospitality's stock symbol?

DiamondRock Hospitality trades on the New York Stock Exchange (NYSE) under the ticker symbol "DRH."

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

DiamondRock Hospitality declared a quarterly dividend on Friday, March 15th. Investors of record on Friday, March 29th will be paid a dividend of $0.125 per share on Friday, April 12th. This represents a $0.50 dividend on an annualized basis and a yield of 4.63%. The ex-dividend date is Thursday, March 28th. View DiamondRock Hospitality's Dividend History.

How were DiamondRock Hospitality's earnings last quarter?

DiamondRock Hospitality (NYSE:DRH) posted its quarterly earnings results on Thursday, August, 2nd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.18. The real estate investment trust had revenue of $236.70 million for the quarter, compared to analyst estimates of $241.52 million. DiamondRock Hospitality had a return on equity of 4.66% and a net margin of 10.16%. DiamondRock Hospitality's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.32 earnings per share. View DiamondRock Hospitality's Earnings History.

When is DiamondRock Hospitality's next earnings date?

DiamondRock Hospitality is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for DiamondRock Hospitality.

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

DiamondRock Hospitality updated its FY19 earnings guidance on Monday, February, 25th. The company provided earnings per share guidance of $1.00-1.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.02. DiamondRock Hospitality also updated its FY 2019 guidance to $1.00-1.04 EPS.

What price target have analysts set for DRH?

10 brokerages have issued 12-month price objectives for DiamondRock Hospitality's stock. Their forecasts range from $8.00 to $13.25. On average, they expect DiamondRock Hospitality's stock price to reach $10.3611 in the next year. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets for DiamondRock Hospitality.

What is the consensus analysts' recommendation for DiamondRock Hospitality?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 5 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DiamondRock Hospitality.

Has DiamondRock Hospitality been receiving favorable news coverage?

Media stories about DRH stock have trended neutral on Sunday, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. DiamondRock Hospitality earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the stock's share price in the near term.

Who are some of DiamondRock Hospitality's key competitors?

What other stocks do shareholders of DiamondRock Hospitality own?

Who are DiamondRock Hospitality's key executives?

DiamondRock Hospitality's management team includes the folowing people:
  • Mr. Mark W. Brugger, Pres, CEO & Director (Age 49)
  • Mr. Jay Lecoryelle Johnson, Exec. VP & CFO
  • Mr. Thomas G. Healy, Exec. VP of Asset Management & COO (Age 51)
  • Mr. Troy G. Furbay, Exec. VP & Chief Investment Officer (Age 52)
  • Mr. William J. Tennis, Exec. VP, Gen. Counsel & Corp. Sec. (Age 64)

Who are DiamondRock Hospitality's major shareholders?

DiamondRock Hospitality's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (18.21%), FMR LLC (5.37%), Northern Trust Corp (3.35%), Prudential Financial Inc. (3.05%), Resolution Capital Ltd (2.60%) and LSV Asset Management (2.30%). Company insiders that own DiamondRock Hospitality stock include Briony R Quinn, Gilbert T Ray, Mark W Brugger, Maureen L Mcavey and William J Tennis. View Institutional Ownership Trends for DiamondRock Hospitality.

Which institutional investors are selling DiamondRock Hospitality stock?

DRH stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Resolution Capital Ltd, Prudential Financial Inc., BlackRock Inc., Mesirow Financial Investment Management Equity Management, Bank of America Corp DE, Amundi Pioneer Asset Management Inc. and Perpetual Ltd. Company insiders that have sold DiamondRock Hospitality company stock in the last year include Briony R Quinn, Gilbert T Ray and William J Tennis. View Insider Buying and Selling for DiamondRock Hospitality.

Which institutional investors are buying DiamondRock Hospitality stock?

DRH stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, D. E. Shaw & Co. Inc., Citigroup Inc., Millennium Management LLC, Victory Capital Management Inc., Geode Capital Management LLC and Geode Capital Management LLC. View Insider Buying and Selling for DiamondRock Hospitality.

How do I buy shares of DiamondRock Hospitality?

Shares of DRH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is DiamondRock Hospitality's stock price today?

One share of DRH stock can currently be purchased for approximately $10.79.

How big of a company is DiamondRock Hospitality?

DiamondRock Hospitality has a market capitalization of $2.18 billion and generates $863.70 million in revenue each year. The real estate investment trust earns $87.78 million in net income (profit) each year or $1.02 on an earnings per share basis. DiamondRock Hospitality employs 31 workers across the globe.

What is DiamondRock Hospitality's official website?

The official website for DiamondRock Hospitality is http://www.drhc.com.

How can I contact DiamondRock Hospitality?

DiamondRock Hospitality's mailing address is 2 BETHESDA METRO CENTER SUITE 1400, BETHESDA MD, 20814. The real estate investment trust can be reached via phone at 240-744-1150 or via email at [email protected]


MarketBeat Community Rating for DiamondRock Hospitality (NYSE DRH)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  310 (Vote Outperform)
Underperform Votes:  429 (Vote Underperform)
Total Votes:  739
MarketBeat's community ratings are surveys of what our community members think about DiamondRock Hospitality and other stocks. Vote "Outperform" if you believe DRH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DRH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel