NYSE:DRHDiamondRock Hospitality Stock Price, Forecast & News

DiamondRock Hospitality's stock was trading at $6.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DRH shares have decreased by 10.6% and is now trading at $5.66.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 3 sell ratings, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for DiamondRock Hospitality.

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

DiamondRock Hospitality (NYSE:DRH) issued its earnings results on Thursday, August, 6th. The real estate investment trust reported ($0.36) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by $0.02. The real estate investment trust had revenue of $20.38 million for the quarter, compared to analyst estimates of $25.54 million. DiamondRock Hospitality had a net margin of 5.72% and a return on equity of 2.06%. The firm's quarterly revenue was down 92.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.32 EPS.
View DiamondRock Hospitality's earnings history.

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 annualized dividend and a yield of 8.83%. The ex-dividend date is Tuesday, December 31st.
View DiamondRock Hospitality's dividend history.

7 brokers have issued 12-month target prices for DiamondRock Hospitality's shares. Their forecasts range from $4.00 to $8.00. On average, they anticipate DiamondRock Hospitality's share price to reach $5.64 in the next twelve months. This suggests that the stock has a possible downside of 0.3%.
View analysts' price targets for DiamondRock Hospitality.

News headlines about DRH stock have been trending extremely negative recently, InfoTrie reports. InfoTrie 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 negative five to five, with scores closest to five being the most favorable. DiamondRock Hospitality earned a daily sentiment score of -4.1 on InfoTrie's scale. They also assigned news 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 effect on the stock's share price in the near term.
View the latest news about DiamondRock Hospitality.

DiamondRock Hospitality saw a decline in short interest in January. As of January 31st, there was short interest totaling 6,350,000 shares, a decline of 21.1% from the January 15th total of 8,050,000 shares. Based on an average daily volume of 2,280,000 shares, the short-interest ratio is currently 2.8 days. Currently, 3.2% of the company's stock are short sold.
View DiamondRock Hospitality's Short Interest.

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), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Sabra Health Care REIT (SBRA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other DiamondRock Hospitality investors own include Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Energy Transfer LP Unit (ET), InterDigital Wireless (IDCC), Stag Industrial (STAG), CBL & Associates Properties (CBL), Ford Motor (F), General Electric (GE), NGL Energy Partners (NGL) and Invesco Mortgage Capital (IVR).

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

DiamondRock Hospitality's stock is owned by a variety of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (3.17%), LSV Asset Management (2.20%), Victory Capital Management Inc. (1.85%), Pzena Investment Management LLC (1.70%), Bank of New York Mellon Corp (1.24%) and Foundry Partners LLC (0.66%).
View institutional ownership trends for DiamondRock Hospitality.

DRH stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Goldman Sachs Group Inc., LSV Asset Management, First Quadrant L P CA, Barclays PLC, Alberta Investment Management Corp, Mesirow Financial Investment Management Equity Management, and Spirit of America Management Corp NY.
View insider buying and selling activity for DiamondRock Hospitality.

DRH stock was bought by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Pzena Investment Management LLC, Moody Aldrich Partners LLC, Hill Winds Capital LP, Envestnet Asset Management Inc., WINTON GROUP Ltd, Foundry Partners LLC, and Swiss National Bank.
View insider buying and selling activity 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 $5.66.

DiamondRock Hospitality has a market capitalization of $1.13 billion 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.

The official website for DiamondRock Hospitality is 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]