NYSE:DRHDiamondRock Hospitality Stock Price, Forecast & News

DiamondRock Hospitality's stock was trading at $6.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DRH shares have decreased by 15.0% and is now trading at $5.38.
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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) issued its quarterly earnings data on Thursday, August, 6th. The real estate investment trust reported ($0.36) earnings per share for the quarter, missing analysts' consensus estimates 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 2.06% and a net margin of 5.72%. DiamondRock Hospitality's quarterly revenue was down 92.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.32 earnings per share.
View DiamondRock Hospitality's earnings history.

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 9.29%. The ex-dividend date is Tuesday, December 31st.
View DiamondRock Hospitality's dividend history.

7 brokers have issued 1-year price targets for DiamondRock Hospitality's stock. Their forecasts range from $4.00 to $8.00. On average, they anticipate DiamondRock Hospitality's stock price to reach $5.64 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price.
View analysts' price targets for DiamondRock Hospitality.

Media stories about DRH stock have been trending negative recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. DiamondRock Hospitality earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
View the latest news about DiamondRock Hospitality.

DiamondRock Hospitality saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 9,120,000 shares, a drop of 28.4% from the May 31st total of 12,740,000 shares. Based on an average daily volume of 4,220,000 shares, the short-interest ratio is presently 2.2 days. Approximately 4.6% of the shares of the stock 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 Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Energy Transfer LP Unit (ET), InterDigital Wireless (IDCC), Stag Industrial (STAG), CBL & Associates Properties (CBL), Ford Motor (F), General Electric (GE), NGL Energy Partners (NGL) and Invesco Mortgage Capital (IVR).

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

DiamondRock Hospitality's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (5.92%), Principal Financial Group Inc. (3.17%), LSV Asset Management (2.20%), Victory Capital Management Inc. (1.85%), Pzena Investment Management LLC (1.70%) and Bank of New York Mellon Corp (1.24%).
View institutional ownership trends for DiamondRock Hospitality.

DRH stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Goldman Sachs Group Inc., LSV Asset Management, First Quadrant L P CA, Barclays PLC, Alberta Investment Management Corp, Mesirow Financial Investment Management Equity Management, and Grantham Mayo Van Otterloo & Co. LLC.
View insider buying and selling activity for DiamondRock Hospitality.

DRH stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Pzena Investment Management LLC, Moody Aldrich Partners LLC, FMR LLC, Hill Winds Capital LP, Envestnet Asset Management Inc., WINTON GROUP Ltd, and Foundry Partners LLC.
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 $5.38.

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]