Diamondrock Hospitality Company Company Profile (NYSE:DRH)

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

Diamondrock Hospitality Company declared a quarterly dividend on Monday, September 18th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.125 per share on Thursday, October 12th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Thursday, September 28th. View Diamondrock Hospitality Company's Dividend History.

Diamondrock Hospitality Company (NYSE:DRH) announced its earnings results on Monday, August, 7th. The company reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.31 by $0.01. The business earned $243.30 million during the quarter, compared to analyst estimates of $240.73 million. Diamondrock Hospitality Company had a return on equity of 5.41% and a net margin of 11.47%. Diamondrock Hospitality Company's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.31 EPS. View Diamondrock Hospitality Company's Earnings History.

Diamondrock Hospitality Company is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Diamondrock Hospitality Company.

13 brokers have issued 12-month target prices for Diamondrock Hospitality Company's shares. Their forecasts range from $8.00 to $13.00. On average, they anticipate Diamondrock Hospitality Company's share price to reach $11.50 in the next twelve months. View Analyst Ratings for Diamondrock Hospitality Company.

Here are some recent quotes from research analysts about Diamondrock Hospitality Company stock:

• 1. According to Zacks Investment Research, "DiamondRock Hospitality Company is a self-advised real estate company that owns, acquires and invests in upper upscale and upscale hotel properties located primarily in North America. To a lesser extent, it may invest, on a selective basis, in premium limited-service and extended-stay hotel properties in urban locations. The Company has a strategic acquisition sourcing relationship with Marriott International. " (8/10/2017)
• 2. Canaccord Genuity analysts commented, "We believe the expiration of the three managed-only facility contracts was not only immaterial to earnings, but also fairly well understood. After CXW’s peer put up a 2Q miss and guidance cut this morning, we believe expectations heading into CXW’s print this evening were low." (8/7/2017)

Some companies that are related to Diamondrock Hospitality Company include Apple Hospitality REIT (APLE), Strategic Hotels and Resorts (BEE), Sunstone Hotel Investors (SHO), LaSalle Hotel Properties (LHO), RLJ Lodging Trust (RLJ), Pebblebrook Hotel Trust (PEB), Xenia Hotels & Resorts (XHR), MGM Growth Properties LLC (MGP), Summit Hotel Properties (INN), Chesapeake Lodging Trust (CHSP), FelCor Lodging Trust Incorporated (FCH), Chatham Lodging Trust (REIT) (CLDT), Hersha Hospitality Trust (HT), Ashford Hospitality Trust (AHT), Empiric Student Property PLC (ESP), Ashford Hospitality Prime (AHP), Sotherly Hotels (SOHO) and Gaming and Leisure Properties (GLPIV).

Diamondrock Hospitality Company's management team includes the folowing people:

• William W. McCarten CPA, Independent Chairman of the Board of Director
• Mark W. Brugger, President, Chief Executive Officer, Director
• Sean M. Mahoney, Chief Financial Officer, Executive Vice President, Treasurer
• Thomas G. Healy, Chief Operating Officer, Executive Vice President - Asset Management
• Troy G. Furbay, Executive Vice President, Chief Investment Officer
• William James Tennis, Executive Vice President, General Counsel, Corporate Secretary
• Bruce D. Wardinski, Lead Independent Director
• Daniel J. Altobello, Independent Director
• Timothy R. Chi, Independent Director
• Maureen L. McAvey, Independent Director

Diamondrock Hospitality Company's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (17.41%), BlackRock Inc. (16.23%), FMR LLC (10.67%), State Street Corp (4.03%), Resolution Capital Ltd (3.34%) and Northern Trust Corp (3.32%). Company insiders that own Diamondrock Hospitality Company stock include Maureen L Mcavey and Sean M Mahoney. View Institutional Ownership Trends for Diamondrock Hospitality Company.

Diamondrock Hospitality Company's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Citadel Advisors LLC, Quantitative Investment Management LLC, Cbre Clarion Securities LLC, TIAA CREF Investment Management LLC, UBS Asset Management Americas Inc., SG Americas Securities LLC and Royal Bank of Canada. Company insiders that have sold Diamondrock Hospitality Company stock in the last year include Maureen L Mcavey and Sean M Mahoney. View Insider Buying and Selling for Diamondrock Hospitality Company.

Diamondrock Hospitality Company's stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Vanguard Group Inc., BlackRock Inc., Prudential Financial Inc., Chicago Equity Partners LLC, Ameriprise Financial Inc., Westpac Banking Corp and Northern Trust Corp. View Insider Buying and Selling for Diamondrock Hospitality Company.

Shares of Diamondrock Hospitality Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Diamondrock Hospitality Company stock can currently be purchased for approximately $10.81.