NYSE:DRH DiamondRock Hospitality Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding DiamondRock Hospitality Please log in to your account or sign up in order to add this asset to your watchlist. $8.19 -0.01 (-0.12%) (As of 07/5/2022 02:09 PM ET) Add Compare Share Today's Range$7.84▼$8.2550-Day Range$7.89▼$11.0852-Week Range$7.68▼$11.15Volume80,704 shsAverage Volume2.10 million shsMarket Capitalization$1.73 billionP/E RatioN/ADividend YieldN/APrice Target$11.10 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media DiamondRock Hospitality MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside37.7% Upside$11.10 Price TargetShort InterestHealthy2.80% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.85Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth24.14%From $0.87 to $1.08 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.98 out of 5 starsFinance Sector551st out of 1,398 stocksReal Estate Investment Trusts Industry123rd out of 235 stocks 3.0 Analyst's Opinion Consensus RatingDiamondRock Hospitality has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.10, DiamondRock Hospitality has a forecasted upside of 37.7% from its current price of $8.06.Amount of Analyst CoverageDiamondRock Hospitality has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.80% of the float of DiamondRock Hospitality has been sold short.Short Interest Ratio / Days to CoverDiamondRock Hospitality has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in DiamondRock Hospitality has recently decreased by 18.65%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldDiamondRock Hospitality does not currently pay a dividend.Dividend GrowthDiamondRock Hospitality does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DRH. Previous Next 2.7 News and Social Media Coverage News SentimentDiamondRock Hospitality has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for DiamondRock Hospitality this week, compared to 1 article on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DiamondRock Hospitality insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.40% of the stock of DiamondRock Hospitality is held by insiders.Percentage Held by Institutions99.54% of the stock of DiamondRock Hospitality is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for DiamondRock Hospitality are expected to grow by 24.14% in the coming year, from $0.87 to $1.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DiamondRock Hospitality is -73.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of DiamondRock Hospitality is -73.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioDiamondRock Hospitality has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive DRH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DiamondRock Hospitality and its competitors with MarketBeat's FREE daily newsletter. Email Address About DiamondRock Hospitality (NYSE:DRH) StockDiamondRock 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 as well as unique boutique hotels in the lifestyle segment.Read More DRH Stock News HeadlinesJuly 3, 2022 | seekingalpha.comDiamondRock Hospitality: The 7.3% Yielding Preferred Shares Appear To Be A Good BetJuly 2, 2022 | americanbankingnews.comDiamondRock Hospitality (NYSE:DRH) Expected to Earn FY2022 Earnings of $0.79 Per ShareJuly 1, 2022 | americanbankingnews.comResearch Analysts Offer Predictions for DiamondRock Hospitality's FY2023 Earnings (NYSE:DRH)June 30, 2022 | americanbankingnews.comDiamondRock Hospitality (NYSE:DRH) Given Consensus Rating of "Hold" by AnalystsJune 28, 2022 | finance.yahoo.comDIAMONDROCK HOSPITALITY ANNOUNCES SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALLJune 23, 2022 | nasdaq.comRelative Strength Alert For DiamondRock HospitalityMay 21, 2022 | finance.yahoo.comDiamondRock Hospitality (NYSE:DRH shareholders incur further losses as stock declines 3.6% this week, taking five-year losses to 3.6%May 18, 2022 | markets.businessinsider.comAnalyst Ratings for Diamondrock HospitalityMay 9, 2022 | nasdaq.comDRH Crosses Above Average Analyst TargetMay 6, 2022 | seekingalpha.comDiamondRock Hospitality Company (DRH) CEO Mark Brugger on Q1 2022 Results - Earnings Call TranscriptMay 6, 2022 | finance.yahoo.comDiamondRock Hospitality (DRH) Surpasses Q1 FFO and Revenue EstimatesMay 5, 2022 | seekingalpha.comDiamondRock Hospitality acquires Fort Lauderdale beach resort for $35.3MMay 5, 2022 | finance.yahoo.comDIAMONDROCK ACQUIRES KIMPTON FORT LAUDERDALE BEACH RESORTApril 7, 2022 | nasdaq.comNotable Two Hundred Day Moving Average Cross - DRHApril 5, 2022 | finance.yahoo.comDIAMONDROCK HOSPITALITY ANNOUNCES FIRST QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALLApril 4, 2022 | bizjournals.comFort Lauderdale hotel near beach sells at a discountMarch 30, 2022 | seekingalpha.comDiamondRock Hospitality announces departure of its COOMarch 30, 2022 | finance.yahoo.comDIAMONDROCK HOSPITALITY ANNOUNCES RESIGNATION OF CHIEF OPERATING OFFICER THOMAS HEALYMarch 16, 2022 | finance.yahoo.comDIAMONDROCK HOSPITALITY DEBUTS HOTEL CLIO, A LUXURY COLLECTION HOTEL, DENVER CHERRY CREEKMarch 9, 2022 | seekingalpha.comDiamondRock Hospitality 8.250% Series A Preferred Stock declares $0.5156 dividendFebruary 23, 2022 | nasdaq.comDiamondRock Hospitality Breaks Below 200-Day Moving Average - Notable for DRHFebruary 20, 2022 | finance.yahoo.comDiamondRock Hospitality Company (NYSE:DRH) Just Released Its Yearly Results And Analysts Are Updating Their EstimatesFebruary 18, 2022 | markets.businessinsider.comWhat Wall Street expects from Diamondrock Hospitality's earningsFebruary 17, 2022 | seekingalpha.comDiamondRock Hospitality FFO EPS of $0.09, revenue of $196.8MFebruary 5, 2022 | nasdaq.comDiamondRock Hospitality (NYSE:DRH) adds US$93m to market cap in the past 7 days, though investors from five years ago are still down 4.6%See More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:DRH CUSIP25278430 CIK1298946 Webwww.drhc.com Phone(240) 744-1150FaxN/AEmployees28Year FoundedN/ACompany Calendar Last Earnings5/05/2022Today7/05/2022Next Earnings (Confirmed)8/03/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$11.10 High Stock Price Forecast$12.00 Low Stock Price Forecast$10.50 Forecasted Upside/Downside+35.5%Consensus RatingHold Rating Score (0-4)2 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.11) Trailing P/E RatioN/A Forward P/E Ratio9.41 P/E GrowthN/ANet Income$-194,580,000.00 Net Margins-1.98% Pretax Margin-1.76% Return on Equity-0.90% Return on Assets-0.46% Debt Debt-to-Equity Ratio0.77 Current Ratio1.63 Quick Ratio1.63 Sales & Book Value Annual Sales$567.13 million Price / Sales3.05 Cash FlowN/A Price / Cash FlowN/A Book Value$7.22 per share Price / Book1.13Miscellaneous Outstanding Shares210,860,000Free Float207,909,000Market Cap$1.73 billion OptionableOptionable Beta1.61 DiamondRock Hospitality Frequently Asked Questions Should I buy or sell DiamondRock Hospitality stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" DiamondRock Hospitality stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DRH, but not buy additional shares or sell existing shares. View analyst ratings for DiamondRock Hospitality or view top-rated stocks. What is DiamondRock Hospitality's stock price forecast for 2022? 4 equities research analysts have issued 1-year price targets for DiamondRock Hospitality's stock. Their DRH stock forecasts range from $10.50 to $12.00. On average, they expect DiamondRock Hospitality's share price to reach $11.10 in the next year. This suggests a possible upside of 35.5% from the stock's current price. View analysts' price targets for DiamondRock Hospitality or view top-rated stocks among Wall Street analysts. How has DiamondRock Hospitality's stock performed in 2022? DiamondRock Hospitality's stock was trading at $9.61 at the beginning of 2022. Since then, DRH shares have decreased by 14.8% and is now trading at $8.19. View the best growth stocks for 2022 here. Are investors shorting DiamondRock Hospitality? DiamondRock Hospitality saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 5,540,000 shares, a decrease of 18.6% from the May 31st total of 6,810,000 shares. Based on an average daily volume of 2,260,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 2.8% of the company's shares are sold short. View DiamondRock Hospitality's Short Interest. When is DiamondRock Hospitality's next earnings date? DiamondRock Hospitality is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022. View our earnings forecast for DiamondRock Hospitality. How can I listen to DiamondRock Hospitality's earnings call? DiamondRock Hospitality will be holding an earnings conference call on Thursday, August 4th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were DiamondRock Hospitality's earnings last quarter? DiamondRock Hospitality (NYSE:DRH) issued its earnings results on Thursday, May, 5th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.03. The real estate investment trust had revenue of $196.80 million for the quarter, compared to the consensus estimate of $179.36 million. DiamondRock Hospitality had a negative net margin of 1.98% and a negative trailing twelve-month return on equity of 0.90%. The business's revenue for the quarter was up 170.0% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.12) earnings per share. View DiamondRock Hospitality's earnings history. Who are DiamondRock Hospitality's key executives? DiamondRock Hospitality's management team includes the following people: Mr. Mark W. Brugger, Co-Founder, Pres, CEO & Director (Age 52, Pay $2.69M)Mr. Jeffrey John Donnelly C.F.A., Exec. VP & CFO (Age 51, Pay $1.17M)Mr. Troy G. Furbay, Exec. VP & Chief Investment Officer (Age 55, Pay $1.21M)Mr. William J. Tennis, Exec. VP, Gen. Counsel & Corp. Sec. (Age 67, Pay $1.05M)Mr. Dustin Resnick, VP of Acquisitions and InvestmentsMs. Briony R. Quinn CPA, Sr. VP & Treasurer (Age 51)Mr. Ben Nelson, VP & Corp. Controller What is Mark W. Brugger's approval rating as DiamondRock Hospitality's CEO? 3 employees have rated DiamondRock Hospitality CEO Mark W. Brugger on Glassdoor.com. Mark W. Brugger has an approval rating of 100% among DiamondRock Hospitality's employees. This puts Mark W. Brugger in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are some of DiamondRock Hospitality's key competitors? Some companies that are related to DiamondRock Hospitality include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Extra Space Storage (EXR), Ventas (VTR), CubeSmart (CUBE), Life Storage (LSI), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), Rayonier (RYN), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR), EPR Properties (EPR) and Sabra Health Care REIT (SBRA). View all of DRH's competitors. What other stocks do shareholders of DiamondRock Hospitality own? Based on aggregate information from My MarketBeat watchlists, some companies that other DiamondRock Hospitality investors own include Energy Transfer (ET), InterDigital (IDCC), STAG Industrial (STAG), AT&T (T), CBL & Associates Properties (CBL), Ford Motor (F), General Electric (GE), NGL Energy Partners (NGL), Invesco Mortgage Capital (IVR) and Annaly Capital Management (NLY). What is DiamondRock Hospitality's stock symbol? DiamondRock Hospitality trades on the New York Stock Exchange (NYSE) under the ticker symbol "DRH." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is DiamondRock Hospitality's stock price today? One share of DRH stock can currently be purchased for approximately $8.19. How much money does DiamondRock Hospitality make? DiamondRock Hospitality (NYSE:DRH) has a market capitalization of $1.73 billion and generates $567.13 million in revenue each year. The real estate investment trust earns $-194,580,000.00 in net income (profit) each year or ($0.11) on an earnings per share basis. How many employees does DiamondRock Hospitality have? DiamondRock Hospitality employs 28 workers across the globe. How can I contact DiamondRock Hospitality? DiamondRock Hospitality's mailing address is 2 BETHESDA METRO CENTER SUITE 1400, BETHESDA MD, 20814. The official website for DiamondRock Hospitality is www.drhc.com. The real estate investment trust can be reached via phone at (240) 744-1150 or via email at info@drhc.com. This page (NYSE:DRH) was last updated on 7/5/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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