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NYSE:DRHDiamondRock Hospitality Stock Price, Forecast & News

$4.82
+0.08 (+1.69 %)
(As of 04/8/2020 01:43 AM ET)
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Today's Range
$4.68
Now: $4.82
$5.34
50-Day Range
$2.15
MA: $6.86
$10.56
52-Week Range
$1.96
Now: $4.82
$11.79
Volume4.06 million shs
Average Volume4.01 million shs
Market Capitalization$963.13 million
P/E Ratio5.36
Dividend YieldN/A
Beta1.73
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.9Community Rank: 2.1Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.00 out of 5 stars


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$938.09 million
Cash Flow$1.64 per share
Book Value$9.60 per share

Profitability

Net Income$183.49 million

Miscellaneous

Employees31
Market Cap$963.13 million
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable

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DiamondRock Hospitality (NYSE:DRH) Frequently Asked Questions

How has DiamondRock Hospitality's stock been impacted by COVID-19 (Coronavirus)?

DiamondRock Hospitality's stock was trading at $6.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DRH stock has decreased by 23.9% and is now trading at $4.82. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of DiamondRock Hospitality?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for DiamondRock Hospitality.

When is DiamondRock Hospitality's next earnings date?

DiamondRock Hospitality is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for DiamondRock Hospitality.

How were DiamondRock Hospitality's earnings last quarter?

DiamondRock Hospitality (NYSE:DRH) issued 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 Zacks' consensus estimate of $0.32 by $0.18. The real estate investment trust earned $236.70 million during the quarter, compared to analyst estimates of $241.52 million. DiamondRock Hospitality had a net margin of 19.56% and a return on equity of 9.94%. The firm's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.32 earnings per share. View DiamondRock Hospitality's earnings history.

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

DiamondRock Hospitality declared a quarterly dividend on Tuesday, December 17th. Shareholders of record on Thursday, January 2nd will be paid a dividend of $0.125 per share on Monday, January 13th. This represents a $0.50 dividend on an annualized basis and a yield of 10.37%. The ex-dividend date is Tuesday, December 31st. View DiamondRock Hospitality's dividend history.

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

DiamondRock Hospitality issued an update on its FY20 earnings guidance on Thursday, February, 20th. The company provided earnings per share (EPS) guidance of $1.00-1.04 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.98.

What price target have analysts set for DRH?

6 brokers have issued 1 year price targets for DiamondRock Hospitality's shares. Their forecasts range from $4.00 to $12.00. On average, they expect DiamondRock Hospitality's share price to reach $7.33 in the next twelve months. This suggests a possible upside of 52.1% from the stock's current price. View analysts' price targets for DiamondRock Hospitality.

Has DiamondRock Hospitality been receiving favorable news coverage?

News articles about DRH stock have trended very negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. DiamondRock Hospitality earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutDiamondRock Hospitality.

Are investors shorting DiamondRock Hospitality?

DiamondRock Hospitality saw a decrease in short interest in March. As of March 13th, there was short interest totaling 5,149,300 shares, a decrease of 34.7% from the February 27th total of 7,890,000 shares. Based on an average daily trading volume, of 2,920,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.6% of the company's shares 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 following 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)

What is DiamondRock Hospitality's stock symbol?

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

Who are DiamondRock Hospitality's major shareholders?

DiamondRock Hospitality's stock is owned by many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.12%) and Spirit of America Management Corp NY (0.06%). Company insiders that own DiamondRock Hospitality stock include Briony R Quinn, Gilbert T Ray, 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 Spirit of America Management Corp NY. View insider buying and selling activity for DiamondRock Hospitality.

Which institutional investors are buying DiamondRock Hospitality stock?

DRH stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity 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 $4.82.

How big of a company is DiamondRock Hospitality?

DiamondRock Hospitality has a market capitalization of $963.13 million and generates $938.09 million in revenue each year. The real estate investment trust earns $183.49 million in net income (profit) each year or $1.07 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]om.

This page was last updated on 4/8/2020 by MarketBeat.com Staff

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