NYSE:DRHDiamondRock Hospitality Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding DiamondRock Hospitality Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.45 -0.13 (-2.84 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$4.12Now: $4.45▼$4.6250-Day Range$2.15MA: $7.33▼$10.5652-Week Range$1.96Now: $4.45▼$11.79Volume2.62 million shsAverage Volume6.38 million shsMarket Capitalization$889.20 millionP/E Ratio4.94Dividend YieldN/ABeta1.73 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingDiamondRock Hospitality has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.20, DiamondRock Hospitality has a potential upside of 106.7% from its current price of $4.45.Amount of Analyst CoverageDiamondRock Hospitality has only been the subject of 3 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesDiamondRock Hospitality has received 377 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDiamondRock Hospitality has received 510 “underperform” votes. (Add your “underperform” vote.)Community SentimentDiamondRock Hospitality has received 57.50% “underperform” votes from our community.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. Previous Next 0.8 Dividend Strength Dividend YieldDiamondRock Hospitality does not currently pay a dividend.Dividend GrowthDiamondRock Hospitality has only been increasing its dividend for 1 years.Dividend SustainabilityBased on earnings estimates, DiamondRock Hospitality will have a dividend payout ratio of 54.35 % next year. This indicates that DiamondRock Hospitality will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DiamondRock Hospitality insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.90% of the stock of DiamondRock Hospitality is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for DiamondRock Hospitality are expected to grow by 6.98% in the coming year, from $0.86 to $0.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DiamondRock Hospitality is 4.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.07.Price to Earnings Ratio vs. SectorThe P/E ratio of DiamondRock Hospitality is 4.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.43.Price to Earnings Growth RatioDiamondRock Hospitality has a PEG Ratio of 1.07. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDiamondRock Hospitality has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.1Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.71 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:DRH Previous Symbol CUSIP25278430 CIK1298946 Webhttp://www.drhc.com/ Phone240-744-1150Debt Debt-to-Equity Ratio0.62 Current Ratio1.76 Quick Ratio1.76Price-To-Earnings Trailing P/E Ratio4.94 Forward P/E Ratio5.17 P/E Growth1.07 Sales & Book Value Annual Sales$938.09 million Price / Sales0.95 Cash Flow$1.47 per share Price / Cash Flow3.02 Book Value$9.60 per share Price / Book0.46Profitability EPS (Most Recent Fiscal Year)$1.07 Net Income$183.49 million Net Margins19.56% Return on Equity9.94% Return on Assets5.53%Miscellaneous Employees31 Outstanding Shares199,820,000Market Cap$889.20 million Next Earnings Date5/13/2020 (Estimated) OptionableOptionable Receive DRH News and Ratings via Email Sign-up to receive the latest news and ratings for DRH and its competitors with MarketBeat's FREE daily newsletter. DRH Rates by TradingView 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DRH shares have decreased by 29.7% and is now trading at $4.45. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. 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) released its earnings results on Thursday, August, 2nd. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.32 by $0.18. The real estate investment trust had revenue of $236.70 million for the quarter, compared to the consensus estimate of $241.52 million. DiamondRock Hospitality had a net margin of 19.56% and a return on equity of 9.94%. DiamondRock Hospitality's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the company earned $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 announced a quarterly dividend on Tuesday, December 17th. Stockholders of record on Thursday, January 2nd will be given a dividend of $0.125 per share on Monday, January 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 11.24%. The ex-dividend date of this dividend 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? 5 Wall Street analysts have issued 12-month price objectives for DiamondRock Hospitality's stock. Their forecasts range from $6.00 to $12.00. On average, they expect DiamondRock Hospitality's share price to reach $9.20 in the next year. This suggests a possible upside of 106.7% from the stock's current price. View analysts' price targets for DiamondRock Hospitality. Has DiamondRock Hospitality been receiving favorable news coverage? News headlines about DRH stock have been trending very negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 -3.3 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutDiamondRock Hospitality. Are investors shorting DiamondRock Hospitality? DiamondRock Hospitality saw a drop in short interest in March. As of March 13th, there was short interest totaling 5,149,300 shares, a drop 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? Some companies that are related to DiamondRock Hospitality include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Extra Space Storage (EXR), Weyerhaeuser (WY), HCP (HCP), Ventas (VTR), 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 Potlatchdeltic (PCH). What other stocks do shareholders of DiamondRock Hospitality own? 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). 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." 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 $4.45. How big of a company is DiamondRock Hospitality? DiamondRock Hospitality has a market capitalization of $889.20 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: Trading Options- What is a Strangle?
