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

$10.34
+0.20 (+1.97 %)
(As of 06/18/2019 10:55 AM ET)
Today's Range
$10.24
Now: $10.34
$10.41
50-Day Range
$9.85
MA: $10.44
$11.00
52-Week Range
$8.69
Now: $10.34
$12.56
Volume44,928 shs
Average Volume1.96 million shs
Market Capitalization$2.08 billion
P/E Ratio10.14
Dividend Yield5.01%
Beta1.42
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
CUSIP25278430
Phone240-744-1150

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$863.70 million
Cash Flow$0.9460 per share
Book Value$9.09 per share

Profitability

Net Income$87.78 million

Miscellaneous

Employees31
Market Cap$2.08 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

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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, June 17th. Shareholders of record on Friday, June 28th will be given a dividend of $0.125 per share on Friday, July 12th. This represents a $0.50 annualized dividend and a yield of 4.84%. The ex-dividend date is Thursday, June 27th. View DiamondRock Hospitality's Dividend History.

How were DiamondRock Hospitality's earnings last quarter?

DiamondRock Hospitality (NYSE:DRH) announced its quarterly earnings data on Wednesday, May, 8th. The real estate investment trust reported $0.04 EPS for the quarter, missing the Zacks' consensus estimate of $0.18 by $0.14. The real estate investment trust earned $202.38 million during the quarter, compared to the consensus estimate of $194.62 million. DiamondRock Hospitality had a return on equity of 4.90% and a net margin of 10.44%. The company's revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.17 EPS. View DiamondRock Hospitality's Earnings History.

When is DiamondRock Hospitality's next earnings date?

DiamondRock Hospitality is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for DiamondRock Hospitality.

What guidance has DiamondRock Hospitality issued on next quarter's earnings?

DiamondRock Hospitality issued an update on its FY19 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of $1.00 to $1.04 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.03.

What price target have analysts set for DRH?

8 brokerages have issued 12-month target prices for DiamondRock Hospitality's shares. Their predictions range from $8.00 to $12.00. On average, they anticipate DiamondRock Hospitality's stock price to reach $10.00 in the next year. This suggests that the stock has a possible downside of 3.3%. View Analyst Price Targets for DiamondRock Hospitality.

What is the consensus analysts' recommendation for DiamondRock Hospitality?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last year. There are currently 4 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?

News stories about DRH stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media 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 nearest to five being the most favorable. DiamondRock Hospitality earned a news impact score of -3.4 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for DiamondRock Hospitality.

Are investors shorting DiamondRock Hospitality?

DiamondRock Hospitality saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 8,859,500 shares, an increase of 7.9% from the April 15th total of 8,207,800 shares. Based on an average trading volume of 2,250,000 shares, the days-to-cover ratio is currently 3.9 days. Currently, 4.5% of the company's stock are sold short. View DiamondRock Hospitality's Current Options Chain.

Who are some of DiamondRock Hospitality's key competitors?

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 variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.94%), FMR LLC (5.82%), LSV Asset Management (2.40%), Resolution Capital Ltd (2.00%), Victory Capital Management Inc. (1.84%) and JPMorgan Chase & Co. (1.80%). 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?

DRH stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Resolution Capital Ltd, OppenheimerFunds Inc., Citigroup Inc., JPMorgan Chase & Co., Victory Capital Management Inc., Pensionfund DSM Netherlands and Teachers Insurance & Annuity Association of America. View Insider Buying and Selling for DiamondRock Hospitality.

Which major investors are buying DiamondRock Hospitality stock?

DRH stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Long Pond Capital LP, First Trust Advisors LP, BNP Paribas Arbitrage SA, Martingale Asset Management L P, Pzena Investment Management LLC, LSV Asset Management and Parametric Portfolio Associates LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is DiamondRock Hospitality's stock price today?

One share of DRH stock can currently be purchased for approximately $10.34.

How big of a company is DiamondRock Hospitality?

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.

What is DiamondRock Hospitality's official website?

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


MarketBeat Community Rating for DiamondRock Hospitality (NYSE DRH)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  320 (Vote Outperform)
Underperform Votes:  445 (Vote Underperform)
Total Votes:  765
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.
This page was last updated on 6/18/2019 by MarketBeat.com Staff

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