Diamondrock Hospitality Company Company Profile (NYSE:DRH)

About Diamondrock Hospitality Company

Diamondrock Hospitality Company 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: $11.20
  • 50 Day Moving Average: $11.37
  • 200 Day Moving Average: $10.38
  • 52-Week Range: $8.22 - $12.00
  • Trailing P/E Ratio: 19.65
  • Foreward P/E Ratio: 22.86
  • P/E Growth: -2.30
  • Market Cap: $2.24B
  • Outstanding Shares: 200,200,000
  • Beta: 1.28
Profitability:
  • Net Margins: 12.62%
  • Return on Equity: 6.37%
  • Return on Assets: 3.69%
Debt:
  • Debt-to-Equity Ratio: 0.50%
  • Current Ratio: 3.23%
  • Quick Ratio: 3.23%
Additional Links:
Companies Related to Diamondrock Hospitality Company:

Analyst Ratings

Consensus Ratings for Diamondrock Hospitality Company (NYSE:DRH) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $10.89 (2.78% downside)

Analysts' Ratings History for Diamondrock Hospitality Company (NYSE:DRH)
Show:
DateFirmActionRatingPrice TargetDetails
2/14/2017Barclays PLCReiterated RatingBuy$12.00View Rating Details
1/19/2017Canaccord GenuityReiterated RatingBuy$13.00View Rating Details
12/14/2016NomuraInitiated CoverageNeutral$12.00View Rating Details
12/14/2016InstinetInitiated CoverageNeutral$12.00View Rating Details
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
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 GroupReiterated 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
(Data available from 2/28/2015 forward)

Earnings

Earnings History for Diamondrock Hospitality Company (NYSE:DRH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017        
2/22/2017Q416$0.23$0.24$210.85 million$206.62 millionViewListenView Earnings Details
11/9/2016Q316$0.25$0.26$225.08 million$220.24 millionViewListenView Earnings Details
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)

Estimates

Earnings Estimates for Diamondrock Hospitality Company (NYSE:DRH)
Current Year EPS Consensus Estimate: $0.51 EPS
Next Year EPS Consensus Estimate: $0.49 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$0.22$0.24$0.23
Q1 20172$0.18$0.19$0.19
Q2 20172$0.26$0.27$0.27
Q3 20172$0.24$0.25$0.25
Q4 20172$0.23$0.24$0.24
Q1 20181$0.19$0.19$0.19
Q2 20181$0.27$0.27$0.27
Q3 20181$0.26$0.26$0.26
Q4 20181$0.25$0.25$0.25
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Diamondrock Hospitality Company (NYSE:DRH)
Annual Dividend:$0.50
Dividend Yield:4.46%
Dividend Growth:14.30% (3 Year Average)
Payout Ratio:84.75% (Based on Trailing 12 Months of Earnings)
98.04% (Based on Current Year Consensus EPS Estimate)
102.04% (Based on Next Year Consensus EPS Estimate)

Dividend History for Diamondrock Hospitality Company (NYSE:DRH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/19/2016Quarterly$0.1312/28/201612/30/20161/17/2017
12/16/2016quarterly$0.134.42%12/28/201612/30/20161/12/2017
9/14/2016quarterly$0.135.45%9/28/20169/30/201610/12/2016
6/2/2016quarterly$0.135.42%6/28/20166/30/20167/12/2016
3/15/2016quarterly$0.135.35%3/29/20163/31/20164/12/2016
12/8/2015quarterly$0.134.72%12/29/201512/31/20151/12/2016
8/27/2015quarterly$0.134.2%9/28/20159/30/201510/13/2015
5/28/2015quarterly$0.133.76%6/26/20156/30/20157/14/2015
2/27/2015quarterly$0.133.45%3/27/20153/31/20154/10/2015
12/16/2014quarterly$0.102.73%12/29/201412/31/20141/12/2015
9/12/2014quarterly$0.103.16%9/26/20149/30/201410/10/2014
6/2/2014quarterly$0.103.29%6/26/20146/30/20147/10/2014
3/25/2014$0.103/27/20143/31/20144/10/2014
3/25/2014quarterly$0.104/10/20143/31/2014
12/17/2013quarterly$0.092.98%12/27/201312/31/20131/10/2014
9/9/2013quarterly$0.093.4%9/26/20139/30/201310/10/2013
6/10/2013quarterly$0.093.7%6/26/20136/28/20137/11/2013
2/28/2013quarterly$0.093.72%3/26/20133/31/20134/12/2013
12/19/2012quarterly$0.083.48%12/27/201212/31/20121/10/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Diamondrock Hospitality Company (NYSE:DRH)
Insider Ownership Percentage: 1.20%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/13/2016Sean M MahoneyCFOSell30,000$11.45$343,500.00View SEC Filing  
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)

Headlines

Latest Headlines for Diamondrock Hospitality Company (NYSE:DRH)
DateHeadline
biz.yahoo.com logoDIAMONDROCK HOSPITALITY CO Files SEC form 10-K, Annual Report (NYSE:DRH)
biz.yahoo.com - February 27 at 7:37 PM
News IconWhat are Analysts report about: DiamondRock Hospitality Company (NYSE:DRH) (NYSE:DRH)
nyhetsbanken.info - February 25 at 3:29 AM
News IconMost Active Stock: DiamondRock Hospitality Company (NYSE:DRH) (NYSE:DRH)
cloudhostinghq.net - February 25 at 3:29 AM
News IconDiamondrock Hospitality Company (DRH) Releases FY17 Earnings Guidance (NYSE:DRH)
brassale.net - February 25 at 3:29 AM
News IconDiamondrock Hospitality Company (DRH) Announces Earnings Results (NYSE:DRH)
hoyentv.com - February 25 at 3:29 AM
capitalcube.com logoDiamondRock Hospitality Co. :DRH-US: Earnings Analysis: Q4, 2016 By the Numbers : February 23, 2017 (NYSE:DRH)
www.capitalcube.com - February 23 at 4:47 PM
capitalcube.com logoDiamondRock Hospitality Co. :DRH-US: Earnings Analysis: 2016 By the Numbers : February 23, 2017 (NYSE:DRH)
www.capitalcube.com - February 23 at 4:47 PM
4-traders.com logoDiamondRock Hospitality Company (NYSE:DRH) Files An 8-K Results of Operations and Financial Condition (NYSE:DRH)
www.4-traders.com - February 23 at 3:07 AM
seekingalpha.com logoDiamondRock Hospitality's (DRH) CEO Mark Brugger on Q4 2016 Results - Earnings Call Transcript (NYSE:DRH)
seekingalpha.com - February 23 at 3:07 AM
finance.yahoo.com logoEdited Transcript of DRH earnings conference call or presentation 22-Feb-17 2:00pm GMT (NYSE:DRH)
finance.yahoo.com - February 22 at 10:06 PM
us.rd.yahoo.com logoDiamondRock Hospitality Company Reports Fourth Quarter And Full Year 2016 Results (NYSE:DRH)
us.rd.yahoo.com - February 22 at 5:03 PM
sg.finance.yahoo.com logoDiamondRock Hospitality reports 4Q results (NYSE:DRH)
sg.finance.yahoo.com - February 22 at 5:03 PM
biz.yahoo.com logoDiamondRock Hospitality Co Earnings Call scheduled for 9:00 am ET today (NYSE:DRH)
biz.yahoo.com - February 22 at 5:03 PM
4-traders.com logoDiamondRock Hospitality : The Russell Investments Group Ltd. Invests $16,884,000 in Diamondrock Hospitality Company (NYSE:DRH)
www.4-traders.com - February 20 at 11:28 AM
finance.yahoo.com logoDoes DiamondRock Portend a Good Value Buying Opportunity? (NYSE:DRH)
finance.yahoo.com - February 17 at 7:01 PM
capitalcube.com logoDiamondRock Hospitality Co. : DRH-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 16, 2017 (NYSE:DRH)
www.capitalcube.com - February 16 at 3:06 PM
capitalcube.com logoDiamondRock Hospitality Co. breached its 50 day moving average in a Bullish Manner : DRH-US : February 14, 2017 (NYSE:DRH)
www.capitalcube.com - February 14 at 5:42 PM
News IconDiamondRock Hospitality Company (NYSE:DRH) now has Insider Ownership of 0.4% (NYSE:DRH)
mlbinjurynews.com - February 11 at 4:51 PM
bizjournals.com logoREIT Stocks Under Scanner -- Host Hotels & Resorts, DiamondRock Hospitality, Sunstone Hotel Investors, and LaSalle Hotel Properties (NYSE:DRH)
www.bizjournals.com - February 10 at 5:17 PM
capitalcube.com logoETFs with exposure to DiamondRock Hospitality Co. : February 3, 2017 (NYSE:DRH)
www.capitalcube.com - February 3 at 5:07 PM
capitalcube.com logoDiamondRock Hospitality Co. breached its 50 day moving average in a Bearish Manner : DRH-US : February 2, 2017 (NYSE:DRH)
www.capitalcube.com - February 2 at 5:16 PM
4-traders.com logoDiamondRock Hospitality Company : Announces Tax Treatment of Its 2016 Dividends (NYSE:DRH)
www.4-traders.com - January 31 at 5:26 PM
finance.yahoo.com logoDiamondRock Hospitality Company Announces Tax Treatment Of Its 2016 Dividends (NYSE:DRH)
finance.yahoo.com - January 27 at 6:23 PM
4-traders.com logoDiamondrock Hospitality : Position Boosted by Blackrock Investment Management Llc (NYSE:DRH)
www.4-traders.com - January 23 at 5:06 PM
biz.yahoo.com logoDIAMONDROCK HOSPITALITY CO Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:DRH)
biz.yahoo.com - January 23 at 5:06 PM
News IconDiamondRock Hospitality Company (NYSE:DRH) has 1 year Price Target of $10.98 (NYSE:DRH)
lasignare.com - January 18 at 3:42 AM
4-traders.com logoDiamondRock Hospitality : Announces Fourth Quarter 2016 Earnings Release and Conference Call (NYSE:DRH)
www.4-traders.com - January 16 at 10:01 AM
finance.yahoo.com logoDiamondRock Hospitality Announces Fourth Quarter 2016 Earnings Release and Conference Call (NYSE:DRH)
finance.yahoo.com - January 13 at 5:35 PM
biz.yahoo.com logoDIAMONDROCK HOSPITALITY CO Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:DRH)
biz.yahoo.com - January 6 at 5:20 PM
News IconOverbuying Stock Buzz: DiamondRock Hospitality Company (NYSE:DRH) (NYSE:DRH)
larampadinapoli.com - January 6 at 3:39 AM
us.rd.yahoo.com logo4:04 pm Diamondrock Hospitality names Thomas Healy as Chief Operating Officer and Executive Vice President of Asset Management (NYSE:DRH)
us.rd.yahoo.com - January 5 at 5:36 PM
streetinsider.com logoDiamondRock Hospitality (DRH) Names Thomas Healy as COO (NYSE:DRH)
www.streetinsider.com - January 4 at 10:57 PM
finance.yahoo.com logoDiamondRock Names Thomas Healy Chief Operating Officer and Executive Vice President of Asset Management (NYSE:DRH)
finance.yahoo.com - January 4 at 5:53 PM
biz.yahoo.com logoDIAMONDROCK HOSPITALITY CO Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, F (NYSE:DRH)
biz.yahoo.com - January 4 at 5:53 PM
News IconNew Analyst Ratings On Diamondrock Hospitality Company (NYSE:DRH) (NYSE:DRH)
larampadinapoli.com - December 30 at 5:11 PM
News IconDiamondrock Hospitality Company (NYSE:DRH) Broker Price Targets For The Coming Week (NYSE:DRH)
flapship.com - December 30 at 5:11 PM
News IconDiamondrock Hospitality Company (NYSE:DRH) Price Target & Stock Check (NYSE:DRH)
perspectivabetica.com - December 29 at 8:46 PM
nasdaq.com logoDiamondrock Hospitality Company (DRH) Ex-Dividend Date Scheduled for December ... (NYSE:DRH)
www.nasdaq.com - December 29 at 2:51 AM
News IconCanaccord Genuity Reiterates Buy Rating for DiamondRock Hospitality Co. (DRH) (NYSE:DRH)
vouxmagazine.com - December 29 at 2:51 AM
nasdaq.com logoEx-Dividend Reminder: Pennymac Mortgage Investment Trust, DiamondRock Hospitality and Douglas Emmett (NYSE:DRH)
www.nasdaq.com - December 27 at 11:54 AM
News IconDiamondRock Hospitality Company 6.8% Potential Upside Now Implied by Instinet (NYSE:DRH)
viveremilano.biz - December 16 at 10:20 PM
News IconMahoney Sells 30000 Shares of DiamondRock Hospitality Co. (DRH) Stock (NYSE:DRH)
canalcncarauca.com - December 16 at 5:19 PM
News IconTrading Today: The DiamondRock Hospitality Co. (DRH) CFO Sold $343500.00 in Stock (NYSE:DRH)
www.perspectivabetica.com - December 16 at 5:19 PM
finance.yahoo.com logoDiamondRock Announces Fourth Quarter Dividend of $0.125 Per Share (NYSE:DRH)
finance.yahoo.com - December 15 at 5:20 PM
News IconInstinet Indicates Potential 6.38% Increase In Shares Of Diamondrock Hospitality (NYSE:DRH)
vouxmagazine.com - December 14 at 5:49 PM
finance.yahoo.com logoCoverage initiated on Diamondrock Hospitality by Instinet (NYSE:DRH)
finance.yahoo.com - December 14 at 5:49 PM
News IconDiamondRock Hospitality Company (DRH): Are Hedge Funds Right About This Stock? (NYSE:DRH)
feedproxy.google.com - December 9 at 11:16 AM
capitalcube.com logoETF’s with exposure to DiamondRock Hospitality Co. : November 11, 2016 (NYSE:DRH)
www.capitalcube.com - November 11 at 4:00 PM
capitalcube.com logoDiamondRock Hospitality Co. :DRH-US: Earnings Analysis: Q3, 2016 By the Numbers : November 11, 2016 (NYSE:DRH)
www.capitalcube.com - November 11 at 12:06 PM
capitalcube.com logoDiamondRock Hospitality Co. breached its 50 day moving average in a Bullish Manner : DRH-US : November 10, 2016 (NYSE:DRH)
www.capitalcube.com - November 10 at 1:20 PM

Social

What is Diamondrock Hospitality Company's stock symbol?

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

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

Diamondrock Hospitality Company declared a quarterly dividend on Monday, December 19th. Stockholders of record on Friday, December 30th will be given a dividend of $0.125 per share on Tuesday, January 17th. This represents a $0.50 annualized dividend and a dividend yield of 4.46%. The ex-dividend date of this dividend is Wednesday, December 28th.

Where is Diamondrock Hospitality Company's stock going? Where will Diamondrock Hospitality Company's stock price be in 2017?

10 brokers have issued 1 year target prices for Diamondrock Hospitality Company's shares. Their predictions range from $8.00 to $13.00. On average, they anticipate Diamondrock Hospitality Company's share price to reach $10.89 in the next year.

When will Diamondrock Hospitality Company announce their earnings?

Diamondrock Hospitality Company is scheduled to release their next quarterly earnings announcement on Thursday, May, 4th 2017.

Who owns Diamondrock Hospitality Company stock?

Diamondrock Hospitality Company's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (10.42%), State Street Corp (3.77%), Dimensional Fund Advisors LP (1.35%), Systematic Financial Management LP (0.75%), Russell Investments Group Ltd. (0.74%) and Heitman Real Estate Securities LLC (0.51%).

Who sold Diamondrock Hospitality Company stock? Who is selling Diamondrock Hospitality Company stock?

Diamondrock Hospitality Company's stock was sold by a variety of institutional investors in the last quarter, including Heitman Real Estate Securities LLC, Eii Capital Management Inc., Credit Agricole S A, Dimensional Fund Advisors LP, Metropolitan Life Insurance Co. NY, Guggenheim Capital LLC, Teachers Retirement System of The State of Kentucky and AQR Capital Management LLC.

Who bought Diamondrock Hospitality Company stock? Who is buying Diamondrock Hospitality Company stock?

Diamondrock Hospitality Company's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., Waterfront Capital Partners LLC, RidgeWorth Capital Management LLC, Asset Management One Co. Ltd., Putnam Investments LLC, State Street Corp and Wexford Capital LP.

How do I buy Diamondrock Hospitality Company stock?

Shares of Diamondrock Hospitality Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Diamondrock Hospitality Company stock cost?

One share of Diamondrock Hospitality Company stock can currently be purchased for approximately $11.20.

Diamondrock Hospitality Company (NYSE:DRH) Chart for Tuesday, February, 28, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Diamondrock Hospitality Company (NYSE:DRH)

Earnings History Chart

Earnings by Quarter for Diamondrock Hospitality Company (NYSE:DRH)

Dividend History Chart

Dividend Payments by Quarter for Diamondrock Hospitality Company (NYSE:DRH)

Last Updated on 2/28/2017 by MarketBeat.com Staff