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

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$10.68 -0.20 (-1.84 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$10.68
Today's Range$10.66 - $10.85
52-Week Range$8.69 - $12.99
Volume1.31 million shs
Average Volume2.09 million shs
Market Capitalization$2.15 billion
P/E Ratio10.47
Dividend Yield4.68%
Beta1.43
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.

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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$863.70 million
Cash Flow$0.9128 per share
Book Value$9.08 per share

Profitability

Net Income$87.78 million

Miscellaneous

Employees31
Market Cap$2.15 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

DiamondRock Hospitality (NYSE:DRH) Frequently Asked Questions

What is DiamondRock Hospitality's stock symbol?

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

How often does DiamondRock Hospitality pay dividends? What is the dividend yield for DiamondRock Hospitality?

DiamondRock Hospitality declared a quarterly dividend on Friday, March 15th. Stockholders of record on Friday, March 29th will be given 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 4.68%. The ex-dividend date of this dividend is Thursday, March 28th. View DiamondRock Hospitality's Dividend History.

How were DiamondRock Hospitality's earnings last quarter?

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

When is DiamondRock Hospitality's next earnings date?

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

What guidance has DiamondRock Hospitality issued on next quarter's earnings?

DiamondRock Hospitality updated 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 EPS estimate of $1.03.

What price target have analysts set for DRH?

9 analysts have issued 1 year price objectives for DiamondRock Hospitality's stock. Their forecasts range from $8.00 to $13.25. On average, they anticipate DiamondRock Hospitality's stock price to reach $10.4063 in the next twelve months. This suggests that the stock has a possible downside of 2.6%. View Analyst Price Targets for DiamondRock Hospitality.

What is the consensus analysts' recommendation for DiamondRock Hospitality?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 4 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DiamondRock Hospitality.

Has DiamondRock Hospitality been receiving favorable news coverage?

Media coverage about DRH stock has trended somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 1.8 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an effect on the stock's share price in the near term.

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 folowing 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)

Who are DiamondRock Hospitality's major shareholders?

DiamondRock Hospitality's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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.

Which institutional investors are selling DiamondRock Hospitality stock?

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. Company insiders that have sold DiamondRock Hospitality company stock in the last year include Briony R Quinn and William J Tennis. View Insider Buying and Selling for DiamondRock Hospitality.

Which institutional investors are buying DiamondRock Hospitality stock?

DRH stock was bought 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.

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, Scottrade, Fidelity and Charles Schwab.

What is DiamondRock Hospitality's stock price today?

One share of DRH stock can currently be purchased for approximately $10.68.

How big of a company is DiamondRock Hospitality?

DiamondRock Hospitality has a market capitalization of $2.15 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.

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]


MarketBeat Community Rating for DiamondRock Hospitality (NYSE DRH)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  317 (Vote Outperform)
Underperform Votes:  440 (Vote Underperform)
Total Votes:  757
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.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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