DiamondRock Hospitality Stock Price, News & Analysis (NYSE:DRH)

$10.26
+0.15 (+1.48 %)
(As of 09/24/2019 04:51 AM ET)
Today's Range
$9.99
Now: $10.26
$10.28
50-Day Range
$9.1450
MA: $9.64
$10.20
52-Week Range
$8.69
Now: $10.26
$11.85
Volume6.59 million shs
Average Volume2.26 million shs
Market Capitalization$2.05 billion
P/E Ratio10.06
Dividend Yield4.95%
Beta1.37
DiamondRock 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 such as Hilton and Marriott as well as unique boutique hotels in the lifestyle segment.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP25278430
Phone240-744-1150

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$863.70 million
Cash Flow$0.9293 per share
Book Value$9.09 per share

Profitability

Net Income$87.78 million

Miscellaneous

Employees31
Market Cap$2.05 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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DiamondRock Hospitality (NYSE:DRH) Frequently Asked Questions

What is DiamondRock Hospitality's stock symbol?

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

How often does DiamondRock Hospitality pay dividends? What is the dividend yield for DiamondRock Hospitality?

DiamondRock Hospitality declared a quarterly dividend on Monday, September 16th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.125 per share on Friday, October 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.87%. The ex-dividend date is Friday, September 27th. View DiamondRock Hospitality's Dividend History.

How were DiamondRock Hospitality's earnings last quarter?

DiamondRock Hospitality (NYSE:DRH) issued its quarterly earnings results on Monday, August, 5th. The real estate investment trust reported $0.32 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.01. The real estate investment trust earned $257.92 million during the quarter, compared to the consensus estimate of $253.67 million. DiamondRock Hospitality had a return on equity of 5.00% and a net margin of 10.32%. The firm's revenue for the quarter was up 8.4% 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.

When is DiamondRock Hospitality's next earnings date?

DiamondRock Hospitality is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for DiamondRock Hospitality.

What guidance has DiamondRock Hospitality issued on next quarter's earnings?

DiamondRock Hospitality issued an update on its FY19 earnings guidance on Monday, August, 5th. The company provided earnings per share (EPS) guidance of $1.01-1.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.04.

What price target have analysts set for DRH?

7 brokers have issued 1 year target prices for DiamondRock Hospitality's shares. Their predictions range from $8.00 to $12.00. On average, they anticipate DiamondRock Hospitality's share price to reach $9.25 in the next twelve months. This suggests that the stock has a possible downside of 9.8%. View Analyst Price Targets for DiamondRock Hospitality.

What is the consensus analysts' recommendation for DiamondRock Hospitality?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 3 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DiamondRock Hospitality.

Has DiamondRock Hospitality been receiving favorable news coverage?

Press coverage about DRH stock has been trending somewhat negative on Tuesday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. DiamondRock Hospitality earned a news impact score of -1.3 on InfoTrie's scale. They also assigned media stories 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 effect on the company's share price in the near term. View News Stories for DiamondRock Hospitality.

Are investors shorting DiamondRock Hospitality?

DiamondRock Hospitality saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 6,933,100 shares, a drop of 10.3% from the July 31st total of 7,732,800 shares. Based on an average daily trading volume, of 1,820,000 shares, the short-interest ratio is currently 3.8 days. Approximately 3.5% of the shares of the company are short sold. View DiamondRock Hospitality's Current Options Chain.

Who are some of DiamondRock Hospitality's key competitors?

What other stocks do shareholders of DiamondRock Hospitality own?

Who are DiamondRock Hospitality's key executives?

DiamondRock Hospitality's management team includes the folowing people:
  • Mr. Mark W. Brugger, Pres, CEO & Director (Age 49)
  • Mr. Jay Lecoryelle Johnson, Exec. VP & CFO (Age 42)
  • Mr. Thomas G. Healy, Exec. VP of Asset Management & COO (Age 51)
  • Mr. Troy G. Furbay, Exec. VP & Chief Investment Officer (Age 52)
  • Mr. William J. Tennis, Exec. VP, Gen. Counsel & Corp. Sec. (Age 64)

Who are DiamondRock Hospitality's major shareholders?

DiamondRock Hospitality's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.58%), BlackRock Inc. (17.58%), Vanguard Group Inc. (15.91%), Morgan Stanley (5.18%), Northern Trust Corp (3.66%) and HG Vora Capital Management LLC (3.37%). 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.

Which major investors are selling DiamondRock Hospitality stock?

DRH stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., HG Vora Capital Management LLC, Victory Capital Management Inc., Vanguard Group Inc., Panagora Asset Management Inc., First Trust Advisors LP and BNP Paribas Arbitrage SA. View Insider Buying and Selling for DiamondRock Hospitality.

Which major investors are buying DiamondRock Hospitality stock?

DRH stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Centersquare Investment Management LLC, Invesco Ltd., Morgan Stanley, Echo Street Capital Management LLC, Prudential PLC, Northern Trust Corp and Long Pond Capital LP. View Insider Buying and Selling for DiamondRock Hospitality.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is DiamondRock Hospitality's stock price today?

One share of DRH stock can currently be purchased for approximately $10.26.

How big of a company is DiamondRock Hospitality?

DiamondRock Hospitality has a market capitalization of $2.05 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.View Additional Information About DiamondRock Hospitality.

What is DiamondRock Hospitality's official website?

The official website for DiamondRock Hospitality is http://www.drhc.com/.

How can I contact DiamondRock Hospitality?

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]


MarketBeat Community Rating for DiamondRock Hospitality (NYSE DRH)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  336 (Vote Outperform)
Underperform Votes:  464 (Vote Underperform)
Total Votes:  800
MarketBeat's community ratings are surveys of what our community members think about DiamondRock Hospitality and other stocks. Vote "Outperform" if you believe DRH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DRH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/24/2019 by MarketBeat.com Staff

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