NYSE:DRHDiamondRock Hospitality Stock Price, Forecast & News

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 decreased by 15.6% and is now trading at $5.34.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 3 sell ratings, 2 hold ratings and 2 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 Friday, November 13th 2020.
View our earnings forecast for DiamondRock Hospitality.

DiamondRock Hospitality (NYSE:DRH) released its quarterly earnings data on Thursday, August, 6th. The real estate investment trust reported ($0.36) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by $0.02. The real estate investment trust had revenue of $20.38 million for the quarter, compared to analysts' expectations of $25.54 million. DiamondRock Hospitality had a return on equity of 7.53% and a net margin of 15.46%. The company's revenue was down 92.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.32 earnings per share.
View DiamondRock Hospitality's earnings history.

DiamondRock Hospitality declared a quarterly dividend on Tuesday, December 17th. Investors of record on Thursday, January 2nd will be paid a dividend of $0.125 per share on Monday, January 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 9.36%. The ex-dividend date is Tuesday, December 31st.
View DiamondRock Hospitality's dividend history.

7 analysts have issued 12-month price targets for DiamondRock Hospitality's stock. Their forecasts range from $4.00 to $8.00. On average, they anticipate DiamondRock Hospitality's share price to reach $5.64 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price.
View analysts' price targets for DiamondRock Hospitality.

Media coverage about DRH stock has been trending very negative recently, InfoTrie reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. DiamondRock Hospitality earned a daily sentiment score of -3.4 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term.
View the latest news about DiamondRock Hospitality.

DiamondRock Hospitality saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 6,350,000 shares, a drop of 15.2% from the July 15th total of 7,490,000 shares. Based on an average daily trading volume, of 3,880,000 shares, the days-to-cover ratio is currently 1.6 days. Currently, 3.2% of the company's shares 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), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), 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 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 LP Unit (ET), InterDigital Wireless (IDCC), Stag Industrial (STAG), General Electric (GE), CBL & Associates Properties (CBL), Ford Motor (F), NGL Energy Partners (NGL), Invesco Mortgage Capital (IVR), New Residential Investment (NRZ) and AT&T (T).

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

DiamondRock Hospitality's stock is owned by a variety of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (3.17%), LSV Asset Management (2.20%), Victory Capital Management Inc. (1.85%), Pzena Investment Management LLC (1.70%), Foundry Partners LLC (0.66%) and Prudential PLC (0.49%).
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, First Quadrant L P CA, Mesirow Financial Investment Management Equity Management, Spirit of America Management Corp NY, Jennison Associates LLC, UBS Group AG, Fortem Financial Group LLC, and New York State Teachers Retirement System.
View insider buying and selling activity for DiamondRock Hospitality.

DRH stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Pzena Investment Management LLC, Moody Aldrich Partners LLC, Hill Winds Capital LP, Envestnet Asset Management Inc., WINTON GROUP Ltd, Foundry Partners LLC, and Swiss National Bank.
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 $5.34.

DiamondRock Hospitality has a market capitalization of $1.07 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 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]