NYSE:DRH - DiamondRock Hospitality Stock Price, Forecast & News

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

DiamondRock Hospitality announced a quarterly dividend on Tuesday, December 17th. Investors 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 4.81%. The ex-dividend date of this dividend is Tuesday, December 31st. View DiamondRock Hospitality's Dividend History.

DiamondRock Hospitality (NYSE:DRH) posted its quarterly earnings data on Thursday, August, 2nd. The real estate investment trust reported $0.14 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.18. The real estate investment trust had revenue of $236.70 million for the quarter, compared to analysts' expectations of $241.52 million. DiamondRock Hospitality had a return on equity of 3.99% and a net margin of 7.95%. The firm's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.32 earnings per share. View DiamondRock Hospitality's Earnings History.

DiamondRock Hospitality is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for DiamondRock Hospitality.

DiamondRock Hospitality will be holding an earnings conference call on Thursday, February 20th 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 issued an update on its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $1.03-1.05 for the period.

4 Wall Street analysts have issued 1 year price targets for DiamondRock Hospitality's stock. Their forecasts range from $10.00 to $12.00. On average, they expect DiamondRock Hospitality's share price to reach $11.25 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets for DiamondRock Hospitality.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for DiamondRock Hospitality.

Media headlines about DRH stock have trended somewhat negative on Monday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. DiamondRock Hospitality earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for DiamondRock Hospitality.

DiamondRock Hospitality saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 8,320,000 shares, an increase of 24.2% from the December 31st total of 6,700,000 shares. Based on an average daily volume of 2,260,000 shares, the days-to-cover ratio is presently 3.7 days. Currently, 4.2% of the company's stock are short sold. View DiamondRock Hospitality's Current Options Chain.

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), EPR Properties (EPR), Life Storage (LSI), Ryman Hospitality Properties (RHP) and Healthcare Realty Trust (HR).

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), CBL & Associates Properties (CBL), Ford Motor (F), General Electric (GE), Invesco Mortgage Capital (IVR), NGL Energy Partners (NGL), New Residential Investment (NRZ) and AT&T (T).

DiamondRock Hospitality's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (6.46%), State Street Corp (5.11%), LSV Asset Management (2.49%), Heitman Real Estate Securities LLC (1.99%), Charles Schwab Investment Management Inc. (1.88%) and Victory Capital Management Inc. (1.85%). 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.

DRH stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, State Street Corp, Prudential Financial Inc., Renaissance Technologies LLC, Bank of New York Mellon Corp, Victory Capital Management Inc., Barclays PLC and Goldman Sachs Group Inc.. View Insider Buying and Selling for DiamondRock Hospitality.

DRH stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., Bank of America Corp DE, Great West Life Assurance Co. Can, Bank of Montreal Can, Echo Street Capital Management LLC, Green Street Investors LLC and Foundry Partners LLC. View Insider Buying and Selling 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 $10.39.

DiamondRock Hospitality has a market capitalization of $2.08 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.

The official website for DiamondRock Hospitality is http://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]