DiamondRock Hospitality Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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.
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Wall Street analysts have given DiamondRock Hospitality a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but DiamondRock Hospitality wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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DiamondRock Hospitality is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for DiamondRock Hospitality.

DiamondRock Hospitality (NYSE:DRH) announced its earnings results on Thursday, May, 6th. The real estate investment trust reported ($0.82) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by $0.67. The real estate investment trust earned $72.90 million during the quarter, compared to the consensus estimate of $62.26 million. DiamondRock Hospitality had a negative trailing twelve-month return on equity of 2.84% and a negative net margin of 11.06%. The company's revenue for the quarter was down 57.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.04 EPS.
View DiamondRock Hospitality's earnings history.

DiamondRock Hospitality's stock was trading at $6.33 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DRH stock has increased by 47.2% and is now trading at $9.32.
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11 brokerages have issued twelve-month price targets for DiamondRock Hospitality's stock. Their forecasts range from $5.50 to $11.50. On average, they anticipate DiamondRock Hospitality's share price to reach $8.16 in the next year. This suggests that the stock has a possible downside of 12.5%.
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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.

Some companies that are related to DiamondRock Hospitality include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), Medical Properties Trust (MPW), CubeSmart (CUBE), Omega Healthcare Investors (OHI), Life Storage (LSI), Rayonier (RYN), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP), PotlatchDeltic (PCH) and Sabra Health Care REIT (SBRA).
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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).

DiamondRock Hospitality trades on the New York Stock Exchange (NYSE) under the ticker symbol "DRH."

DiamondRock Hospitality's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (19.56%), JPMorgan Chase & Co. (4.96%), Principal Financial Group Inc. (2.52%), Pzena Investment Management LLC (1.92%), Northern Trust Corp (1.92%) and Geode Capital Management LLC (1.87%). Company insiders that own DiamondRock Hospitality stock include Briony R Quinn, Jeffrey Donnelly, 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 LSV Asset Management, Principal Financial Group Inc., Northern Trust Corp, Foundry Partners LLC, Prudential Financial Inc., Sei Investments Co., Victory Capital Management Inc., and Aew Capital Management L P. Company insiders that have sold DiamondRock Hospitality company stock in the last year include Briony R Quinn, Mark W Brugger, and William J Tennis.
View insider buying and selling activity for DiamondRock Hospitality or view top insider-selling stocks.

DRH stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Mitsubishi UFJ Trust & Banking Corp, Standard Life Aberdeen plc, State of New Jersey Common Pension Fund D, Geode Capital Management LLC, BNP Paribas Arbitrage SA, and Brinker Capital Investments LLC.
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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.
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One share of DRH stock can currently be purchased for approximately $9.32.

DiamondRock Hospitality has a market capitalization of $1.96 billion and generates $938.09 million in revenue each year. The real estate investment trust earns $183.49 million in net income (profit) each year or $1.07 on an earnings per share basis.

DiamondRock Hospitality employs 29 workers across the globe.

The official website for DiamondRock Hospitality is www.drhc.com.

DiamondRock Hospitality is headquartered at 2 BETHESDA METRO CENTER SUITE 1400, BETHESDA MD, 20814.

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]