Log in

NYSE:DRHDiamondRock Hospitality Stock Price, Forecast & News

$4.45
-0.13 (-2.84 %)
(As of 04/3/2020 04:00 PM ET)
Add
Compare
Today's Range
$4.12
Now: $4.45
$4.62
50-Day Range
$2.15
MA: $7.33
$10.56
52-Week Range
$1.96
Now: $4.45
$11.79
Volume2.62 million shs
Average Volume6.38 million shs
Market Capitalization$889.20 million
P/E Ratio4.94
Dividend YieldN/A
Beta1.73
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
DiamondRock Hospitality logo

Beat the Market (BTM) Rank

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

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP25278430
Phone240-744-1150

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$938.09 million
Cash Flow$1.47 per share
Book Value$9.60 per share

Profitability

Net Income$183.49 million

Miscellaneous

Employees31
Market 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.


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?

What other stocks do shareholders of DiamondRock Hospitality own?

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 Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel