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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone240-744-1150
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$863.70 million
Profitability
Miscellaneous
Employees31
Next Earnings Date11/4/2019 (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 announced a quarterly dividend on Monday, June 17th. Investors of record on Friday, June 28th will be paid a dividend of $0.125 per share on Friday, July 12th. This represents a $0.50 annualized dividend and a yield of 5.32%. The ex-dividend date of this dividend is Thursday, June 27th. View DiamondRock Hospitality's Dividend History.
How were DiamondRock Hospitality's earnings last quarter?
DiamondRock Hospitality (NYSE:DRH) released its quarterly earnings results on Monday, August, 5th. The real estate investment trust reported $0.32 EPS for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.01. The real estate investment trust earned $257.92 million during the quarter, compared to analysts' expectations of $253.67 million. DiamondRock Hospitality had a net margin of 10.32% and a return on equity of 5.00%. The business's revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.32 EPS. View DiamondRock Hospitality's Earnings History.
When is DiamondRock Hospitality's next earnings date?
What guidance has DiamondRock Hospitality issued on next quarter's earnings?
DiamondRock Hospitality issued an update on its FY19 earnings guidance on Monday, August, 5th. The company provided EPS guidance of $1.01-1.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.04.
What price target have analysts set for DRH?
7 analysts have issued 1-year price objectives for DiamondRock Hospitality's stock. Their predictions range from $8.00 to $12.00. On average, they anticipate DiamondRock Hospitality's share price to reach $9.4167 in the next year. This suggests a possible upside of 0.2% from the stock's current price. View Analyst Price Targets for DiamondRock Hospitality.
What is the consensus analysts' recommendation for DiamondRock Hospitality?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 3 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DiamondRock Hospitality.
Has DiamondRock Hospitality been receiving favorable news coverage?
Headlines about DRH stock have been trending negative recently, according to InfoTrie. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. DiamondRock Hospitality earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for DiamondRock Hospitality.
Are investors shorting DiamondRock Hospitality?
DiamondRock Hospitality saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 7,732,800 shares, an increase of 6.6% from the June 30th total of 7,253,200 shares. Based on an average daily trading volume, of 1,850,000 shares, the days-to-cover ratio is presently 4.2 days. Approximately 3.9% of the company's stock are short sold. View DiamondRock Hospitality's Current Options Chain.
Who are some of DiamondRock Hospitality's key competitors?
Some companies that are related to DiamondRock Hospitality include CyrusOne (CONE), Douglas Emmett (DEI), CubeSmart (CUBE), AmeriCold Realty Trust (COLD), Starwood Property Trust (STWD), SL Green Realty (SLG), American Campus Communities (ACC), EPR Properties (EPR), New Residential Investment (NRZ), Healthcare Trust Of America (HTA), Howard Hughes (HHC), Brixmor Property Group (BRX), JBG SMITH Properties (JBGS), Cousins Properties (CUZ) and PS Business Parks (PSB).
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. (17.58%), Vanguard Group Inc. (15.91%), Morgan Stanley (5.18%), Northern Trust Corp (3.66%), HG Vora Capital Management LLC (3.37%) and Prudential Financial Inc. (2.72%). 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., HG Vora Capital Management LLC, Victory Capital Management Inc., Vanguard Group Inc., Panagora Asset Management Inc., First Trust Advisors LP, BNP Paribas Arbitrage SA and SG Americas Securities LLC. 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 Nuveen Asset Management LLC, Centersquare Investment Management LLC, Invesco Ltd., Morgan Stanley, Echo Street Capital Management LLC, Prudential PLC, Northern Trust Corp and Long Pond Capital LP. 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 $9.40.
How big of a company is DiamondRock Hospitality?
DiamondRock Hospitality has a market capitalization of $1.88 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.View Additional Information About DiamondRock Hospitality.
What is DiamondRock Hospitality's official website?
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)
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.
