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 Date5/8/2019 (Confirmed)
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 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 4.66%. The ex-dividend date is Thursday, March 28th. View DiamondRock Hospitality's Dividend History.
How were DiamondRock Hospitality's earnings last quarter?
DiamondRock Hospitality (NYSE:DRH) issued its quarterly earnings results on Thursday, August, 2nd. The real estate investment trust reported $0.14 earnings per share (EPS) 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 firm's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the business earned $0.32 earnings per share. View DiamondRock Hospitality's Earnings History.
When is DiamondRock Hospitality's next earnings date?
How can I listen to DiamondRock Hospitality's earnings call?
DiamondRock Hospitality will be holding an earnings conference call on Thursday, May 9th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8442876622.
What guidance has DiamondRock Hospitality issued on next quarter's earnings?
DiamondRock Hospitality issued an update on its FY19 earnings guidance on Monday, February, 25th. The company provided earnings per share 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.
What price target have analysts set for DRH?
10 brokers have issued 1-year price targets for DiamondRock Hospitality's stock. Their predictions range from $8.00 to $13.25. On average, they anticipate DiamondRock Hospitality's share price to reach $10.3611 in the next twelve months. This suggests that the stock has a possible downside of 3.3%. View Analyst Price Targets for DiamondRock Hospitality.
What is the consensus analysts' recommendation 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.
Has DiamondRock Hospitality been receiving favorable news coverage?
Media headlines about DRH stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group 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 five, with scores nearest to five being the most favorable. DiamondRock Hospitality earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
Who are some of DiamondRock Hospitality's key competitors?
Some companies that are related to DiamondRock Hospitality include Gaming and Leisure Properties (GLPI), National Retail Properties (NNN), Lamar Advertising (LAMR), Vereit (VER), Kilroy Realty (KRC), SL Green Realty (SLG), Apartment Investment and Management (AIV), Kimco Realty (KIM), Liberty Property Trust (LPT), Omega Healthcare Investors (OHI), New Residential Investment (NRZ), American Homes 4 Rent (AMH), Douglas Emmett (DEI), Store Capital (STOR) and Medical Properties Trust (MPW).
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
- 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 a number of of institutional and retail investors. Top institutional shareholders include Resolution Capital Ltd (2.00%), Spirit of America Management Corp NY (0.11%), State of Alaska Department of Revenue (0.07%), Nisa Investment Advisors LLC (0.06%), Louisiana State Employees Retirement System (0.04%) and RMR Advisors LLC (0.03%). 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 Resolution Capital Ltd, Pensionfund DSM Netherlands, Pensionfund Sabic, RMR Advisors LLC, Spirit of America Management Corp NY, Louisiana State Employees Retirement System, First Citizens Bank & Trust Co. and State of Alaska Department of Revenue. 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.
Which institutional investors are buying DiamondRock Hospitality stock?
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 $10.72.
How big of a company is DiamondRock Hospitality?
DiamondRock Hospitality has a market capitalization of $2.17 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?
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.
