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 announced a quarterly dividend on Friday, March 15th. Shareholders 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 annualized dividend and a yield of 4.66%. The ex-dividend date is Thursday, March 28th. View DiamondRock Hospitality's Dividend History.

DiamondRock Hospitality (NYSE:DRH) released its quarterly earnings results on Thursday, August, 2nd. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.32 by $0.18. The real estate investment trust earned $236.70 million during the quarter, compared to analysts' expectations of $241.52 million. DiamondRock Hospitality had a return on equity of 4.66% and a net margin of 10.16%. The business's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.32 EPS. View DiamondRock Hospitality's Earnings History.

DiamondRock Hospitality is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for DiamondRock Hospitality.

DiamondRock Hospitality updated its FY19 earnings guidance on Monday, February, 25th. The company provided EPS guidance of $1.00-1.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.02. DiamondRock Hospitality also updated its FY 2019 guidance to $1.00-1.04 EPS.

10 analysts have issued 1-year target prices for DiamondRock Hospitality's stock. Their predictions range from $8.00 to $13.25. On average, they anticipate DiamondRock Hospitality's stock price to reach $10.3611 in the next year. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for DiamondRock Hospitality.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 5 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.

Headlines about DRH stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. DiamondRock Hospitality earned a news sentiment score of 1.1 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.

Some companies that are related to DiamondRock Hospitality include American Financial Group (AFG), DAIWA SEC GRP I/S (DSEEY), National Retail Properties (NNN), Woori Financial Group (WF), Credit Acceptance (CACC), Hargreaves Lansdown (HL), Brookfield Property Partners (BPY), SEGRO (SEGXF), iShares Nasdaq Biotechnology ETF (IBB), Brown & Brown (BRO), Athene (ATH), British Land (BTLCY), BARRATT DEVELOP/ADR (BTDPY), SEI Investments (SEIC) and Erie Indemnity (ERIE).

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

DiamondRock Hospitality's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.21%), FMR LLC (5.37%), Northern Trust Corp (3.35%), Prudential Financial Inc. (3.05%), Resolution Capital Ltd (2.60%) and LSV Asset Management (2.30%). 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 FMR LLC, Resolution Capital Ltd, Prudential Financial Inc., BlackRock Inc., Mesirow Financial Investment Management Equity Management, Bank of America Corp DE, Amundi Pioneer Asset Management Inc. and Perpetual Ltd. Company insiders that have sold DiamondRock Hospitality company stock in the last year include Briony R Quinn, Gilbert T Ray and William J Tennis. View Insider Buying and Selling for DiamondRock Hospitality.

DRH stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, D. E. Shaw & Co. Inc., Citigroup Inc., Millennium Management LLC, Victory Capital Management Inc., Geode Capital Management LLC and Geode Capital Management LLC. 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 $10.74.

DiamondRock Hospitality has a market capitalization of $2.17 billion and generates $863.70 million in revenue each year.

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]