NYSE:DRH DiamondRock Hospitality - DRH Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding DiamondRock Hospitality Please log in to your account or sign up in order to add this asset to your watchlist. $9.60 +0.07 (+0.73%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$9.44▼$9.6650-Day Range$7.86▼$9.6052-Week Range$7.18▼$11.15Volume937,370 shsAverage Volume1.32 million shsMarket Capitalization$2.02 billionP/E Ratio26.67Dividend Yield1.26%Price Target$10.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media DiamondRock Hospitality MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside9.4% Upside$10.50 Price TargetShort InterestHealthy2.20% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.28Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth3.00%From $1.00 to $1.03 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.67 out of 5 starsFinance Sector645th out of 900 stocksReal Estate Investment Trusts Industry139th out of 192 stocks 1.1 Analyst's Opinion Consensus RatingDiamondRock Hospitality has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 3 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.50, DiamondRock Hospitality has a forecasted upside of 9.4% from its current price of $9.60.Amount of Analyst CoverageDiamondRock Hospitality has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.20% of the float of DiamondRock Hospitality has been sold short.Short Interest Ratio / Days to CoverDiamondRock Hospitality has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in DiamondRock Hospitality has recently increased by 9.44%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldDiamondRock Hospitality pays a meaningful dividend of 1.26%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDiamondRock Hospitality does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of DiamondRock Hospitality is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, DiamondRock Hospitality will have a dividend payout ratio of 11.65% next year. This indicates that DiamondRock Hospitality will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DRH. Previous Next 2.4 News and Social Media Coverage News SentimentDiamondRock Hospitality has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for DiamondRock Hospitality this week, compared to 1 article on an average week.MarketBeat Follows1 people have added DiamondRock Hospitality to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DiamondRock Hospitality insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.40% of the stock of DiamondRock Hospitality is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for DiamondRock Hospitality are expected to grow by 3.00% in the coming year, from $1.00 to $1.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DiamondRock Hospitality is 26.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.92.Price to Earnings Ratio vs. SectorThe P/E ratio of DiamondRock Hospitality is 26.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 181.90.Price to Book Value per Share RatioDiamondRock Hospitality has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About DiamondRock Hospitality (NYSE:DRH) StockDiamondRock 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 as well as unique boutique hotels in the lifestyle segment.Read More Receive DRH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DiamondRock Hospitality and its competitors with MarketBeat's FREE daily newsletter. Email Address DRH Stock News HeadlinesJanuary 27, 2023 | americanbankingnews.comAnalyzing DiamondRock Hospitality (NYSE:DRH) & Rithm Capital (NYSE:RITM)January 24, 2023 | finance.yahoo.comDIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2022 DIVIDENDSJanuary 28, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 21, 2023 | americanbankingnews.comDiamondRock Hospitality (NYSE:DRH) PT Lowered to $9.00 at Morgan StanleyJanuary 17, 2023 | finance.yahoo.comDiamondRock Hospitality Company (NYSE:DRH) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?January 13, 2023 | seekingalpha.comDiamondRock Hospitality prelim Q4 comparable revenue up 23% on strong travel demandDecember 28, 2022 | seekingalpha.comDiamondRock Hospitality: Low LTV Ratio Makes 7.6% Yielding Preferreds AppealingDecember 23, 2022 | wsj.comDiamondrock Hospitality Co. 8.25% Cum. Pfd.January 28, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 7, 2022 | finance.yahoo.comDIAMONDROCK HOSPITALITY COMPANY DECLARES DIVIDENDS FOR FOURTH QUARTER 2022November 4, 2022 | seekingalpha.comDiamondRock Hospitality Company (DRH) Q3 2022 Earnings Call TranscriptNovember 4, 2022 | finance.yahoo.comDIAMONDROCK HOSPITALITY COMPANY REPORTS THIRD QUARTER RESULTSNovember 4, 2022 | finance.yahoo.comDiamondRock Hospitality (DRH) Q3 FFO and Revenues Top EstimatesOctober 29, 2022 | finance.yahoo.comInvestors who have held DiamondRock Hospitality (NYSE:DRH) over the last five years have watched its earnings decline along with their investmentSeptember 28, 2022 | finance.yahoo.comDIAMONDROCK HOSPITALITY COMPLETES $1.2 BILLION REFINANCINGSeptember 24, 2022 | seekingalpha.comDiamondRock Hospitality: An 8.8% Yield To Call With The Preferred SharesSeptember 23, 2022 | nasdaq.comDiamondRock Hospitality Becomes OversoldSeptember 1, 2022 | finance.yahoo.comDIAMONDROCK HOSPITALITY DECLARES DIVIDEND OF $0.03 PER SHAREAugust 31, 2022 | finance.yahoo.comDIAMONDROCK HOSPITALITY ANNOUNCES THIRD QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALLAugust 29, 2022 | markets.businessinsider.comExpert Ratings for Diamondrock HospitalityAugust 12, 2022 | finance.yahoo.comDiamondRock Hospitality (DRH) Just Overtook the 200-Day Moving AverageAugust 10, 2022 | nasdaq.comDiamondRock Hospitality Company's (NYSE:DRH) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?August 10, 2022 | finance.yahoo.comDiamondRock Hospitality Company's (NYSE:DRH) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?August 4, 2022 | finance.yahoo.comDiamondRock Hospitality (DRH) Surpasses Q2 FFO and Revenue EstimatesJuly 18, 2022 | finance.yahoo.comHow Much Upside is Left in DiamondRock Hospitality (DRH)? Wall Street Analysts Think 27%July 15, 2022 | finance.yahoo.comDIAMONDROCK HOSPITALITY ANNOUNCES UPDATED SCHEDULE FOR SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALLJuly 15, 2022 | morningstar.comDiamondrock Hospitality Co - Stock NewsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive DRH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DiamondRock Hospitality and its competitors with MarketBeat's FREE daily newsletter. Email Address DRH Company Calendar Last Earnings5/05/2022Ex-Dividend for 1/12 Dividend12/29/2022Dividend Payable1/12/2023Today1/28/2023Next Earnings (Confirmed)2/21/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:DRH CUSIP25278430 CIK1298946 Webwww.drhc.com Phone(240) 744-1150FaxN/AEmployees28Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.50 High Stock Price Forecast$12.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+9.4%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.36 Trailing P/E Ratio26.67 Forward P/E Ratio9.60 P/E GrowthN/ANet Income$-194,580,000.00 Net Margins9.40% Pretax Margin9.73% Return on Equity5.65% Return on Assets2.80% Debt Debt-to-Equity Ratio0.85 Current Ratio3.29 Quick Ratio3.29 Sales & Book Value Annual Sales$567.13 million Price / Sales3.57 Cash FlowN/A Price / Cash FlowN/A Book Value$7.22 per share Price / Book1.33Miscellaneous Outstanding Shares210,920,000Free Float207,970,000Market Cap$2.02 billion OptionableOptionable Beta1.63 Key ExecutivesMr. Mark W. Brugger (Age 53)Co-Founder, Pres, CEO & Director Comp: $2.69MMr. Jeffrey John Donnelly C.F.A. (Age 52)Exec. VP & CFO Comp: $1.17MMr. Troy G. Furbay (Age 56)Exec. VP & Chief Investment Officer Comp: $1.21MMr. William J. Tennis (Age 68)Exec. VP, Gen. Counsel & Corp. Sec. Comp: $1.05MMr. Justin L. Leonard (Age 45)Exec. VP & COO Mr. Dustin ResnickVP of Acquisitions and InvestmentsMs. Briony R. Quinn CPA (Age 52)Sr. VP & Treasurer Mr. Ben NelsonVP & Corp. ControllerMore ExecutivesKey CompetitorsRLJ Lodging TrustNYSE:RLJPebblebrook Hotel TrustNYSE:PEBNational Health InvestorsNYSE:NHILTC PropertiesNYSE:LTCService Properties TrustNASDAQ:SVCView All CompetitorsInsiders & InstitutionsNatixis Advisors L.P.Bought 18,458 shares on 1/27/2023Ownership: 0.046%Strs OhioSold 9,139 shares on 1/26/2023Ownership: 0.098%Inspire Investing LLCBought 9,416 shares on 1/26/2023Ownership: 0.018%Sumitomo Mitsui DS Asset Management Company LtdBought 6,489 shares on 1/26/2023Ownership: 0.016%Inspire Advisors LLCBought 1,875 shares on 1/26/2023Ownership: 0.010%View All Institutional Transactions DRH Stock - Frequently Asked Questions Should I buy or sell DiamondRock Hospitality stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" DRH shares. 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. View DRH analyst ratings or view top-rated stocks. What is DiamondRock Hospitality's stock price forecast for 2023? 7 Wall Street analysts have issued twelve-month price objectives for DiamondRock Hospitality's shares. Their DRH share price forecasts range from $9.00 to $12.00. On average, they predict the company's stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price. View analysts price targets for DRH or view top-rated stocks among Wall Street analysts. How have DRH shares performed in 2023? DiamondRock Hospitality's stock was trading at $8.19 at the beginning of 2023. Since then, DRH stock has increased by 17.2% and is now trading at $9.60. View the best growth stocks for 2023 here. Are investors shorting DiamondRock Hospitality? DiamondRock Hospitality saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 4,520,000 shares, an increase of 9.4% from the December 31st total of 4,130,000 shares. Based on an average daily volume of 1,680,000 shares, the short-interest ratio is presently 2.7 days. Currently, 2.2% of the shares of the company are sold short. View DiamondRock Hospitality's Short Interest. When is DiamondRock Hospitality's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023. View our DRH earnings forecast. How can I listen to DiamondRock Hospitality's earnings call? DiamondRock Hospitality will be holding an earnings conference call on Tuesday, February 21st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were DiamondRock Hospitality's earnings last quarter? DiamondRock Hospitality (NYSE:DRH) released its quarterly earnings results on Thursday, May, 5th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.03. The real estate investment trust earned $196.80 million during the quarter, compared to analysts' expectations of $179.36 million. DiamondRock Hospitality had a trailing twelve-month return on equity of 5.65% and a net margin of 9.40%. DiamondRock Hospitality's revenue was up 170.0% on a year-over-year basis. During the same period in the prior year, the business posted ($0.12) EPS. How often does DiamondRock Hospitality pay dividends? What is the dividend yield for DiamondRock Hospitality? DiamondRock Hospitality declared a None dividend on Wednesday, December 7th. Stockholders of record on Friday, December 30th will be paid a dividend of $0.06 per share on Thursday, January 12th. This represents a yield of 1.3%. The ex-dividend date of this dividend is Thursday, December 29th. Read our dividend analysis for DRH. Is DiamondRock Hospitality a good dividend stock? DiamondRock Hospitality (NYSE:DRH) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.26%. The dividend payout ratio is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DRH will have a dividend payout ratio of 11.65% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DRH. What is Mark W. Brugger's approval rating as DiamondRock Hospitality's CEO? 3 employees have rated DiamondRock Hospitality Chief Executive Officer Mark W. Brugger on Glassdoor.com. Mark W. Brugger has an approval rating of 100% among the company's employees. This puts Mark W. Brugger in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 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 (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). 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 many different retail and institutional investors. Top institutional investors include Strs Ohio (0.10%), Yousif Capital Management LLC (0.05%), Louisiana State Employees Retirement System (0.05%), Comerica Bank (0.05%), Natixis Advisors L.P. (0.05%) and Inspire Investing LLC (0.02%). Insiders that own company stock include Briony R Quinn, Jeffrey Donnelly, Mark W Brugger and William J Tennis. View institutional ownership trends. How do I buy shares of DiamondRock Hospitality? Shares of DRH stock 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. Compare Top Brokerages Here. What is DiamondRock Hospitality's stock price today? One share of DRH stock can currently be purchased for approximately $9.60. How much money does DiamondRock Hospitality make? DiamondRock Hospitality (NYSE:DRH) has a market capitalization of $2.02 billion and generates $567.13 million in revenue each year. The real estate investment trust earns $-194,580,000.00 in net income (profit) each year or $0.36 on an earnings per share basis. How can I contact DiamondRock Hospitality? DiamondRock Hospitality's mailing address is 2 BETHESDA METRO CENTER SUITE 1400, BETHESDA MD, 20814. The official website for the company is www.drhc.com. The real estate investment trust can be reached via phone at (240) 744-1150 or via email at info@drhc.com. This page (NYSE:DRH) was last updated on 1/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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