NYSE:DRHDiamondRock Hospitality Stock Price, Forecast & News

DiamondRock Hospitality's stock was trading at $6.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DRH stock has decreased by 22.1% and is now trading at $4.93. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 2 sell ratings, 3 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 Thursday, August 6th 2020. View our earnings forecast for DiamondRock Hospitality.

DiamondRock Hospitality will be holding an earnings conference call on Thursday, August 6th 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 (NYSE:DRH) posted its quarterly earnings results on Monday, May, 11th. The real estate investment trust reported ($0.17) earnings per share for the quarter, missing the consensus estimate of $0.06 by $0.23. The real estate investment trust had revenue of $170 million for the quarter, compared to the consensus estimate of $161.32 million. DiamondRock Hospitality had a return on equity of 7.53% and a net margin of 15.46%. The business's revenue for the quarter was down 16.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.21 EPS. View DiamondRock Hospitality's earnings history.

DiamondRock Hospitality announced a quarterly dividend on Tuesday, December 17th. Investors 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 yield of 10.14%. The ex-dividend date of this dividend is Tuesday, December 31st. View DiamondRock Hospitality's dividend history.

7 brokers have issued 1-year price objectives for DiamondRock Hospitality's shares. Their forecasts range from $4.00 to $8.00. On average, they expect DiamondRock Hospitality's share price to reach $5.57 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price. View analysts' price targets for DiamondRock Hospitality.

Media stories about DRH stock have been trending negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of news 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 news impact score of -2.1 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely 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 drop in short interest in June. As of June 30th, there was short interest totaling 9,120,000 shares, a drop of 28.4% from the June 15th total of 12,740,000 shares. Based on an average daily volume of 4,220,000 shares, the short-interest ratio is presently 2.2 days. Currently, 4.6% of the shares of the company 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), 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). View all competitors.

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), General Electric (GE), CBL & Associates Properties (CBL), Ford Motor (F), NGL Energy Partners (NGL), Invesco Mortgage Capital (IVR), New Residential Investment (NRZ) and AT&T (T).

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

DiamondRock Hospitality's stock is owned by many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.05%) and Diversified Trust Co (0.01%). View institutional ownership trends for DiamondRock Hospitality.

DRH stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Diversified Trust Co. 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 $4.93.

DiamondRock Hospitality has a market capitalization of $985.11 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.

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]