DiamondRock Hospitality Stock Forecast, Price & News

DiamondRock Hospitality's stock was trading at $6.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DRH stock has decreased by 21.5% and is now trading at $4.97.
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10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 3 sell ratings, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for DiamondRock Hospitality.

DiamondRock Hospitality is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for DiamondRock Hospitality.

DiamondRock Hospitality will be holding an earnings conference call on Thursday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

DiamondRock Hospitality (NYSE:DRH) announced its quarterly earnings results on Thursday, August, 6th. The real estate investment trust reported ($0.36) EPS for the quarter, missing the Zacks' consensus estimate of ($0.34) by $0.02. The real estate investment trust had revenue of $20.38 million for the quarter, compared to the consensus estimate of $25.54 million. DiamondRock Hospitality had a return on equity of 2.06% and a net margin of 5.72%. The business's quarterly revenue was down 92.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.
View DiamondRock Hospitality's earnings history.

DiamondRock Hospitality announced a quarterly dividend on Tuesday, December 17th. Stockholders of record on Thursday, January 2nd will be given a dividend of $0.125 per share on Monday, January 13th. This represents a $0.50 dividend on an annualized basis and a yield of 10.06%. The ex-dividend date is Tuesday, December 31st.
View DiamondRock Hospitality's dividend history.

10 brokers have issued 12-month price targets for DiamondRock Hospitality's shares. Their forecasts range from $4.00 to $8.00. On average, they anticipate DiamondRock Hospitality's share price to reach $5.78 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price.
View analysts' price targets for DiamondRock Hospitality.

DiamondRock Hospitality saw a increase in short interest in September. As of September 15th, there was short interest totaling 6,930,000 shares, an increase of 14.0% from the August 31st total of 6,080,000 shares. Based on an average daily volume of 2,480,000 shares, the short-interest ratio is presently 2.8 days. Currently, 3.5% of the shares of the company are short sold.
View DiamondRock Hospitality's Short Interest.

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), HCP (HCP), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and PotlatchDeltic (PCH).
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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 retail and institutional investors. Top institutional shareholders include LSV Asset Management (2.15%), Foundry Partners LLC (0.65%), Smith Graham & Co. Investment Advisors LP (0.54%), Nisa Investment Advisors LLC (0.05%), Louisiana State Employees Retirement System (0.05%) and First Hawaiian Bank (0.02%). Company insiders that own DiamondRock Hospitality stock include Jeffrey Donnelly and Maureen L Mcavey.
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, Envestnet Asset Management Inc., Foundry Partners LLC, and First Hawaiian Bank.
View insider buying and selling activity for DiamondRock Hospitality.

DRH stock was purchased by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP, Louisiana State Employees Retirement System, Nisa Investment Advisors LLC, 6 Meridian, Nissay Asset Management Corp Japan ADV, Diversified Trust Co, and Redpoint Investment Management Pty Ltd.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of DRH stock can currently be purchased for approximately $4.97.

DiamondRock Hospitality has a market capitalization of $991.59 million 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 31 workers across the globe.

The official website for DiamondRock Hospitality is 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]