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 shares have decreased by 13.9% and is now trading at $5.45.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 3 sell ratings, 2 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 Friday, November 13th 2020.
View our earnings forecast for DiamondRock Hospitality.

DiamondRock Hospitality (NYSE:DRH) announced its quarterly earnings data on Thursday, August, 6th. The real estate investment trust reported ($0.36) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.34) by $0.02. The real estate investment trust had revenue of $20.38 million for the quarter, compared to analysts' expectations of $25.54 million. DiamondRock Hospitality had a return on equity of 2.06% and a net margin of 5.72%. DiamondRock Hospitality's revenue was down 92.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.32 earnings per share.
View DiamondRock Hospitality's earnings history.

DiamondRock Hospitality declared 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 dividend yield of 9.17%. The ex-dividend date is Tuesday, December 31st.
View DiamondRock Hospitality's dividend history.

7 brokerages have issued 1 year target prices 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 $5.64 in the next year. This suggests a possible upside of 3.5% from the stock's current price.
View analysts' price targets for DiamondRock Hospitality.

News stories about DRH stock have trended somewhat positive this week, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing 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 daily sentiment score of 0.6 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
View the latest news about DiamondRock Hospitality.

DiamondRock Hospitality saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 9,120,000 shares, a decrease of 28.4% from the May 31st total of 12,740,000 shares. Based on an average daily volume of 4,220,000 shares, the days-to-cover ratio is currently 2.2 days. Approximately 4.6% of the shares of the stock are sold short.
View DiamondRock Hospitality's Short Interest.

Some companies that are related to DiamondRock Hospitality include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), HCP (HCP), 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).
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Based on aggregate information from My MarketBeat watchlists, some companies that other DiamondRock Hospitality investors own include Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Energy Transfer LP Unit (ET), InterDigital Wireless (IDCC), Stag Industrial (STAG), CBL & Associates Properties (CBL), Ford Motor (F), General Electric (GE), NGL Energy Partners (NGL) and Invesco Mortgage Capital (IVR).

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

DiamondRock Hospitality's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.73%), FMR LLC (5.92%), Principal Financial Group Inc. (3.17%), LSV Asset Management (2.20%), Victory Capital Management Inc. (1.85%) and Pzena Investment Management LLC (1.70%).
View institutional ownership trends for DiamondRock Hospitality.

DRH stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Balyasny Asset Management LLC, Goldman Sachs Group Inc., Vanguard Group Inc., LSV Asset Management, First Quadrant L P CA, Barclays PLC, and Alberta Investment Management Corp.
View insider buying and selling activity for DiamondRock Hospitality.

DRH stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Pzena Investment Management LLC, Canada Pension Plan Investment Board, Moody Aldrich Partners LLC, FMR LLC, Hill Winds Capital LP, Tudor Investment Corp Et Al, and Envestnet Asset Management Inc..
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 $5.45.

DiamondRock Hospitality has a market capitalization of $1.09 billion 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]