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
Phone240-744-1150
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$863.70 million
Profitability
Miscellaneous
Employees31
Next Earnings Date11/8/2019 (Confirmed)
OptionableOptionable
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. Shareholders 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 yield of 5.06%. The ex-dividend date of this dividend is Friday, September 27th. View DiamondRock Hospitality's Dividend History.
How were DiamondRock Hospitality's earnings last quarter?
DiamondRock Hospitality (NYSE:DRH) announced its earnings results on Monday, August, 5th. The real estate investment trust reported $0.32 EPS for the quarter, topping the consensus estimate of $0.31 by $0.01. The real estate investment trust had revenue of $257.92 million for the quarter, compared to analyst estimates of $253.67 million. DiamondRock Hospitality had a return on equity of 5.00% and a net margin of 10.32%. The business's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period last year, the company earned $0.32 EPS. View DiamondRock Hospitality's Earnings History.
When is DiamondRock Hospitality's next earnings date?
How can I listen to DiamondRock Hospitality's earnings call?
DiamondRock Hospitality will be holding an earnings conference call on Friday, November 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
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 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 analysts have issued twelve-month price objectives for DiamondRock Hospitality's shares. Their forecasts range from $8.00 to $12.00. On average, they expect DiamondRock Hospitality's share price to reach $9.25 in the next twelve months. This suggests that the stock has a possible downside of 6.5%. 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?
Media coverage about DRH stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 0.8 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 press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for DiamondRock Hospitality.
Are investors shorting DiamondRock Hospitality?
DiamondRock Hospitality saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 9,420,000 shares, an increase of 22.2% from the August 30th total of 7,710,000 shares. Based on an average daily volume of 2,320,000 shares, the short-interest ratio is currently 4.1 days. Approximately 4.8% 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?
Some companies that are related to DiamondRock Hospitality include American Homes 4 Rent (AMH), Liberty Property Trust (LPT), Douglas Emmett (DEI), AmeriCold Realty Trust (COLD), Starwood Property Trust (STWD), American Campus Communities (ACC), SL Green Realty (SLG), CubeSmart (CUBE), New Residential Investment (NRZ), Healthcare Trust Of America (HTA), Brixmor Property Group (BRX), EPR Properties (EPR), Cousins Properties (CUZ), Howard Hughes (HHC) and JBG SMITH Properties (JBGS).
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 a number of of retail and institutional investors. Top institutional shareholders include Smith Graham & Co. Investment Advisors LP (0.39%), Nisa Investment Advisors LLC (0.11%), Spirit of America Management Corp NY (0.10%), State of Alaska Department of Revenue (0.09%), Envestnet Asset Management Inc. (0.04%) and Zurcher Kantonalbank Zurich Cantonalbank (0.03%). 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?
Which major investors are buying DiamondRock Hospitality stock?
DRH stock was bought by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, State of Alaska Department of Revenue, Envestnet Asset Management Inc., Smith Graham & Co. Investment Advisors LP and First Hawaiian Bank. 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 $9.89.
How big of a company is DiamondRock Hospitality?
DiamondRock Hospitality has a market capitalization of $1.98 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?
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)
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.
