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NYSE:DRH

DiamondRock Hospitality Stock Forecast, Price & News

$5.33
-0.29 (-5.16 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$5.32
Now: $5.33
$5.64
50-Day Range
$4.53
MA: $5.32
$5.84
52-Week Range
$1.96
Now: $5.33
$11.79
Volume5.74 million shs
Average Volume1.81 million shs
Market Capitalization$1.06 billion
P/E Ratio28.05
Dividend YieldN/A
Beta1.69
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.9Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.86 out of 5 stars


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$938.09 million
Cash Flow$1.40 per share
Book Value$9.60 per share

Profitability

Net Income$183.49 million

Miscellaneous

Employees31
Market Cap$1.06 billion
Next Earnings Date11/13/2020 (Estimated)
OptionableOptionable
$5.33
-0.29 (-5.16 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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DiamondRock Hospitality (NYSE:DRH) Frequently Asked Questions

How has DiamondRock Hospitality's stock been impacted by COVID-19 (Coronavirus)?

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. Since then, DRH shares have decreased by 15.8% and is now trading at $5.33.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for DiamondRock Hospitality
.

When is DiamondRock Hospitality's next earnings date?

DiamondRock Hospitality is scheduled to release its next quarterly earnings announcement on Friday, November 13th 2020.
View our earnings forecast for DiamondRock Hospitality
.

How were DiamondRock Hospitality's earnings last quarter?

DiamondRock Hospitality (NYSE:DRH) posted its quarterly earnings data on Thursday, August, 6th. The real estate investment trust reported ($0.36) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.34) by $0.02. The real estate investment trust earned $20.38 million during 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%. DiamondRock Hospitality's revenue was down 92.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.32 earnings per share.
View DiamondRock Hospitality's earnings history
.

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

DiamondRock Hospitality declared 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 dividend yield of 9.38%. The ex-dividend date of this dividend is Tuesday, December 31st.
View DiamondRock Hospitality's dividend history
.

What price target have analysts set for DRH?

7 equities research analysts have issued 12 month price targets for DiamondRock Hospitality's shares. Their forecasts range from $4.00 to $8.00. On average, they expect DiamondRock Hospitality's share price to reach $5.64 in the next year. This suggests a possible upside of 5.9% from the stock's current price.
View analysts' price targets for DiamondRock Hospitality
.

Are investors shorting DiamondRock Hospitality?

DiamondRock Hospitality saw a increase in short interest in the month of August. As of August 14th, there was short interest totaling 7,190,000 shares, an increase of 13.2% from the July 30th total of 6,350,000 shares. Based on an average trading volume of 3,700,000 shares, the short-interest ratio is presently 1.9 days. Currently, 3.7% of the company's shares are sold short.
View DiamondRock Hospitality's Short Interest
.

Who are some of DiamondRock Hospitality's key 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 LP Unit (ET), InterDigital Wireless (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 CAP MGMT/SH (NLY).

Who are DiamondRock Hospitality's key executives?

DiamondRock Hospitality's management team includes the following 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)

What is DiamondRock Hospitality's stock symbol?

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

Who are DiamondRock Hospitality's major shareholders?

DiamondRock Hospitality's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.73%), FMR LLC (5.93%), Principal Financial Group Inc. (3.17%), Principal Financial Group Inc. (3.18%), LSV Asset Management (2.20%) and Victory Capital Management Inc. (1.85%).
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 Prudential Financial Inc., Balyasny Asset Management LLC, Charles Schwab Investment Management Inc., Goldman Sachs Group Inc., Vanguard Group Inc., LSV Asset Management, First Quadrant L P CA, and Barclays PLC.
View insider buying and selling activity for DiamondRock Hospitality
.

Which major investors are buying DiamondRock Hospitality stock?

DRH stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Principal Financial Group Inc., Pzena Investment Management LLC, Nuveen Asset Management LLC, Canada Pension Plan Investment Board, Moody Aldrich Partners LLC, FMR LLC, and Hill Winds Capital LP.
View insider buying and selling activity 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 $5.33.

How big of a company is DiamondRock Hospitality?

DiamondRock Hospitality has a market capitalization of $1.06 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.

What is DiamondRock Hospitality's official website?

The official website for DiamondRock Hospitality is 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]

This page was last updated on 9/20/2020 by MarketBeat.com Staff

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