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DiamondRock Hospitality Stock Price, Forecast & Analysis (NYSE:DRH)

$10.21
+0.01 (+0.10 %)
(As of 11/17/2019 01:46 PM ET)
Today's Range
$10.14
Now: $10.21
$10.26
50-Day Range
$9.79
MA: $10.07
$10.49
52-Week Range
$8.69
Now: $10.21
$11.22
Volume1.65 million shs
Average Volume1.93 million shs
Market Capitalization$2.04 billion
P/E Ratio10.01
Dividend Yield4.90%
Beta1.35
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.

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$0.91 per share
Book Value$9.04 per share

Profitability

Net Income$87.78 million

Miscellaneous

Employees31
Market Cap$2.04 billion
Next Earnings Date2/24/2020 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Monday, September 16th. Investors of record on Monday, September 30th will be paid a dividend of $0.125 per share on Friday, October 11th. This represents a $0.50 annualized dividend and a yield of 4.90%. The ex-dividend date of this dividend is Friday, September 27th. View DiamondRock Hospitality's Dividend History.

How were DiamondRock Hospitality's earnings last quarter?

DiamondRock Hospitality (NYSE:DRH) posted its earnings results on Thursday, August, 2nd. The real estate investment trust reported $0.14 earnings per share 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 analysts' expectations of $241.52 million. DiamondRock Hospitality had a net margin of 7.95% and a return on equity of 3.99%. The firm's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business 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 Monday, February 24th 2020. View Earnings Estimates for DiamondRock Hospitality.

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

DiamondRock Hospitality issued an update on its FY19 earnings guidance on Friday, November, 8th. The company provided EPS guidance of $1.03-1.05 for the period, compared to the Thomson Reuters consensus estimate of $1.01.

What price target have analysts set for DRH?

7 analysts have issued twelve-month target prices for DiamondRock Hospitality's shares. Their forecasts range from $8.00 to $12.00. On average, they expect DiamondRock Hospitality's stock price to reach $9.25 in the next year. This suggests that the stock has a possible downside of 9.4%. View Analyst Price Targets for DiamondRock Hospitality.

What is the consensus analysts' recommendation for DiamondRock Hospitality?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 3 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DiamondRock Hospitality.

Has DiamondRock Hospitality been receiving favorable news coverage?

News articles about DRH stock have been trending very positive recently, InfoTrie reports. InfoTrie identifies positive and negative press 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 positive five, with scores nearest to five being the most favorable. DiamondRock Hospitality earned a news sentiment score of 3.3 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for DiamondRock Hospitality.

Are investors shorting DiamondRock Hospitality?

DiamondRock Hospitality saw a decrease in short interest in October. As of October 15th, there was short interest totalling 7,640,000 shares, a decrease of 18.9% from the September 15th total of 9,420,000 shares. Based on an average daily trading volume, of 2,330,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 3.9% of the shares of the stock are sold short. View DiamondRock Hospitality's Current Options Chain.

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 (Age 42)
  • 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 Systematic Financial Management LP (0.98%), Russell Investments Group Ltd. (0.51%), Foundry Partners LLC (0.41%), Smith Graham & Co. Investment Advisors LP (0.39%), Rhumbline Advisers (0.35%) and First Trust Advisors LP (0.33%). 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 major investors are selling DiamondRock Hospitality stock?

DRH stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Strs Ohio, Spirit of America Management Corp NY, Tower Research Capital LLC TRC , Zurcher Kantonalbank Zurich Cantonalbank, Comerica Bank and Louisiana State Employees Retirement System. View Insider Buying and Selling for DiamondRock Hospitality.

Which major investors are buying DiamondRock Hospitality stock?

DRH stock was acquired by a variety of institutional investors in the last quarter, including Foundry Partners LLC, First Trust Advisors LP, State of New Jersey Common Pension Fund D, Nisa Investment Advisors LLC, Sumitomo Mitsui Trust Holdings Inc., Rhumbline Advisers, California Public Employees Retirement System and Daiwa Securities Group Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is DiamondRock Hospitality's stock price today?

One share of DRH stock can currently be purchased for approximately $10.21.

How big of a company is DiamondRock Hospitality?

DiamondRock Hospitality has a market capitalization of $2.04 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.View Additional Information About DiamondRock Hospitality.

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:  349 (Vote Outperform)
Underperform Votes:  479 (Vote Underperform)
Total Votes:  828
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 11/17/2019 by MarketBeat.com Staff

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