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

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

DiamondRock Hospitality declared a quarterly dividend on Friday, March 15th. Stockholders of record on Friday, March 29th will be paid a dividend of $0.125 per share on Friday, April 12th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.73%. The ex-dividend date is Thursday, March 28th. View DiamondRock Hospitality's Dividend History.

DiamondRock Hospitality (NYSE:DRH) announced its quarterly earnings data on Wednesday, May, 8th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.18 by $0.14. The real estate investment trust earned $202.38 million during the quarter, compared to analyst estimates of $194.62 million. DiamondRock Hospitality had a return on equity of 4.90% and a net margin of 10.44%. DiamondRock Hospitality's quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.17 earnings per share. View DiamondRock Hospitality's Earnings History.

DiamondRock Hospitality is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for DiamondRock Hospitality.

DiamondRock Hospitality issued an update on its FY19 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of $1.00 to $1.04 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.03.

8 analysts have issued 1 year price targets for DiamondRock Hospitality's stock. Their forecasts range from $8.00 to $12.00. On average, they anticipate DiamondRock Hospitality's share price to reach $10.00 in the next twelve months. This suggests that the stock has a possible downside of 5.4%. View Analyst Price Targets for DiamondRock Hospitality.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 4 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DiamondRock Hospitality.

News stories about DRH stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring 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 media sentiment score of -1.8 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

Some companies that are related to DiamondRock Hospitality include Gaming and Leisure Properties (GLPI), Vereit (VER), Lamar Advertising (LAMR), Store Capital (STOR), Kilroy Realty (KRC), Kimco Realty (KIM), Apartment Investment and Management (AIV), Omega Healthcare Investors (OHI), SL Green Realty (SLG), Medical Properties Trust (MPW), American Homes 4 Rent (AMH), Liberty Property Trust (LPT), CyrusOne (CONE), Douglas Emmett (DEI) and New Residential Investment (NRZ).

Based on aggregate information from My MarketBeat watchlists, some companies that other DiamondRock Hospitality investors own include Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), Ford Motor (F), General Electric (GE), Invesco Mortgage Capital (IVR), NGL Energy Partners (NGL), New Residential Investment (NRZ), AT&T (T), Frontier Communications (FTR) and Government Properties Income Trust (GOV).

DiamondRock Hospitality's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.94%), FMR LLC (5.82%), Morgan Stanley (4.20%), Northern Trust Corp (3.43%), LSV Asset Management (2.40%) and Wellington Management Group LLP (2.26%). 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 BlackRock Inc., Resolution Capital Ltd, OppenheimerFunds Inc., Cbre Clarion Securities LLC, Citigroup Inc., JPMorgan Chase & Co., Victory Capital Management Inc. and Hsbc Holdings PLC. View Insider Buying and Selling for DiamondRock Hospitality.

DRH stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, FMR LLC, Long Pond Capital LP, First Trust Advisors LP, Geode Capital Management LLC, AQR Capital Management LLC, Goldman Sachs Group Inc. and Charles Schwab Investment Management Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of DRH stock can currently be purchased for approximately $10.57.

DiamondRock Hospitality has a market capitalization of $2.13 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.

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]