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 4.73%. The ex-dividend date is Thursday, March 28th. View DiamondRock Hospitality's Dividend History.

DiamondRock Hospitality (NYSE:DRH) issued its earnings results on Wednesday, May, 8th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates 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 return on equity of 4.90% and a net margin of 10.44%. The firm's quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.17 earnings per share. View DiamondRock Hospitality's Earnings History.

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

DiamondRock Hospitality updated its FY19 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of $1.00 to $1.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.03.

8 analysts have issued 12-month price targets for DiamondRock Hospitality's shares. Their predictions range from $8.00 to $12.00. On average, they expect DiamondRock Hospitality's share price to reach $10.00 in the next year. This suggests that the stock has a possible downside of 5.4%. View Analyst Price Targets for DiamondRock Hospitality.

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

Media stories about DRH stock have been trending positive recently, InfoTrie reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. DiamondRock Hospitality earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

Some companies that are related to DiamondRock Hospitality include Gaming and Leisure Properties (GLPI), Vereit (VER), Lamar Advertising (LAMR), Store Capital (STOR), Kilroy Realty (KRC), Kimco Realty (KIM), Apartment Investment and Management (AIV), Omega Healthcare Investors (OHI), SL Green Realty (SLG), Medical Properties Trust (MPW), American Homes 4 Rent (AMH), Liberty Property Trust (LPT), CyrusOne (CONE), Douglas Emmett (DEI) and New Residential Investment (NRZ).

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

DiamondRock Hospitality's stock is owned by a variety of 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.

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. View Insider Buying and Selling for DiamondRock Hospitality.

DRH stock was acquired 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.

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 $10.57.

DiamondRock Hospitality has a market capitalization of $2.13 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.

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]