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

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

DiamondRock Hospitality declared a quarterly dividend on Tuesday, December 17th. Investors 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 annualized dividend and a dividend yield of 4.94%. The ex-dividend date of this dividend is Tuesday, December 31st. View DiamondRock Hospitality's Dividend History.

DiamondRock Hospitality (NYSE:DRH) posted its quarterly 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 earned $236.70 million during the quarter, compared to the consensus estimate of $241.52 million. DiamondRock Hospitality had a net margin of 7.95% and a return on equity of 3.99%. The business's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the firm earned $0.32 EPS. View DiamondRock Hospitality's Earnings History.

DiamondRock Hospitality is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for DiamondRock Hospitality.

DiamondRock Hospitality will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

DiamondRock Hospitality issued an update on its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $1.03-1.05 for the period.

5 analysts have issued 1-year price targets for DiamondRock Hospitality's stock. Their forecasts range from $8.00 to $12.00. On average, they expect DiamondRock Hospitality's share price to reach $10.60 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for DiamondRock Hospitality.

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

News headlines about DRH stock have trended very negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news 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 coverage optimism score of -3.0 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for DiamondRock Hospitality.

DiamondRock Hospitality saw a increase in short interest in December. As of December 31st, there was short interest totalling 8,320,000 shares, an increase of 24.2% from the December 15th total of 6,700,000 shares. Based on an average daily trading volume, of 2,230,000 shares, the short-interest ratio is presently 3.7 days. Currently, 4.2% of the shares of the stock are short sold. View DiamondRock Hospitality's Current Options Chain.

Some companies that are related to DiamondRock Hospitality include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Life Storage (LSI), Healthcare Realty Trust (HR) and Ryman Hospitality Properties (RHP).

Based on aggregate information from My MarketBeat watchlists, some companies that other DiamondRock Hospitality investors own include Energy Transfer LP Unit (ET), InterDigital Wireless (IDCC), Stag Industrial (STAG), CBL & Associates Properties (CBL), Ford Motor (F), General Electric (GE), Invesco Mortgage Capital (IVR), NGL Energy Partners (NGL), New Residential Investment (NRZ) and AT&T (T).

DiamondRock Hospitality's stock is owned by many different of retail and institutional investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (0.38%), New York State Teachers Retirement System (0.29%), Green Street Investors LLC (0.16%), Nisa Investment Advisors LLC (0.12%), State of Alaska Department of Revenue (0.10%) and Spirit of America Management Corp NY (0.10%). 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.

DRH stock was sold by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP, Spirit of America Management Corp NY, Eqis Capital Management Inc., Louisiana State Employees Retirement System, Zurcher Kantonalbank Zurich Cantonalbank , New York State Teachers Retirement System and CWM Advisors LLC. View Insider Buying and Selling for DiamondRock Hospitality.

DRH stock was bought by a variety of institutional investors in the last quarter, including Green Street Investors LLC, Bowling Portfolio Management LLC, State of Alaska Department of Revenue, Nisa Investment Advisors LLC and First Hawaiian Bank. View Insider Buying and Selling for 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.

One share of DRH stock can currently be purchased for approximately $10.12.

DiamondRock Hospitality has a market capitalization of $2.03 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.

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

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]