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

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$10.78 +0.05 (+0.47 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$10.73
Today's Range$10.70 - $10.82
52-Week Range$8.69 - $12.99
Volume1.29 million shs
Average Volume2.63 million shs
Market Capitalization$2.18 billion
P/E Ratio10.57
Dividend Yield4.66%
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.

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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$0.9082 per share
Book Value$9.09 per share

Profitability

Net Income$87.78 million

Miscellaneous

Employees31
Market Cap$2.18 billion
Next Earnings Date5/8/2019 (Confirmed)
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 announced a quarterly dividend on Friday, March 15th. Stockholders of record on Friday, March 29th will be given a dividend of $0.125 per share on Friday, April 12th. This represents a $0.50 annualized dividend and a dividend yield of 4.64%. 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 earnings results on Thursday, August, 2nd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 return on equity of 4.66% and a net margin of 10.16%. DiamondRock Hospitality's revenue was up 2.1% on a year-over-year basis. During the same period last 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 Wednesday, May 8th 2019. View Earnings Estimates for DiamondRock Hospitality.

How can I listen to DiamondRock Hospitality's earnings call?

DiamondRock Hospitality will be holding an earnings conference call on Thursday, May 9th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8442876622.

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 (EPS) guidance of $1.00-1.04 for the period, compared to the Thomson Reuters consensus earnings per share 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 equities research analysts have issued 1 year target prices for DiamondRock Hospitality's shares. 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 3.9%. 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?

News articles about DRH stock have trended positive recently, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. DiamondRock Hospitality earned a news impact score of 3.0 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.

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 investors include Resolution Capital Ltd (2.00%), Strs Ohio (0.16%), Spirit of America Management Corp NY (0.11%), State of Alaska Department of Revenue (0.07%), Nisa Investment Advisors LLC (0.06%) and Louisiana State Employees Retirement System (0.04%). 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 Resolution Capital Ltd, Pensionfund DSM Netherlands, Pensionfund Sabic, RMR Advisors LLC, Strs Ohio, Spirit of America Management Corp NY, Louisiana State Employees Retirement System and First Citizens Bank & Trust Co.. 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 major investors are buying DiamondRock Hospitality stock?

DRH stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Nisa Investment Advisors LLC and Eqis Capital Management 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, Scottrade, Fidelity and Charles Schwab.

What is DiamondRock Hospitality's stock price today?

One share of DRH stock can currently be purchased for approximately $10.78.

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:  313 (Vote Outperform)
Underperform Votes:  435 (Vote Underperform)
Total Votes:  748
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 4/19/2019 by MarketBeat.com Staff

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