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

$9.22
-0.09 (-0.97 %)
(As of 02/28/2020 01:19 AM ET)
Today's Range
$8.86
Now: $9.22
$9.60
50-Day Range
$9.22
MA: $10.21
$10.60
52-Week Range
$8.86
Now: $9.22
$11.79
Volume6.42 million shs
Average Volume2.55 million shs
Market Capitalization$1.85 billion
P/E Ratio10.24
Dividend Yield5.37%
Beta1.4
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$938.09 million
Cash Flow$1.45 per share
Book Value$9.60 per share

Profitability

Net Income$183.49 million

Miscellaneous

Employees31
Market Cap$1.85 billion
Next Earnings Date5/13/2020 (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 Tuesday, December 17th. Shareholders of record on Thursday, January 2nd will be paid 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 5.42%. The ex-dividend date is Tuesday, December 31st. View DiamondRock Hospitality's Dividend History.

How were DiamondRock Hospitality's earnings last quarter?

DiamondRock Hospitality (NYSE:DRH) announced its quarterly earnings results on Thursday, August, 2nd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks' 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 9.94% and a net margin of 19.56%. The firm's quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the business posted $0.32 earnings per share. 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 Wednesday, May 13th 2020. View Earnings Estimates for DiamondRock Hospitality.

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

DiamondRock Hospitality updated its FY20 earnings guidance on Thursday, February, 20th. The company provided EPS guidance of $1.00-1.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.98.

What price target have analysts set for DRH?

4 equities research analysts have issued 12-month price objectives 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 22.0% from the stock's current price. View Analyst Price Targets for DiamondRock Hospitality.

What is the consensus analysts' recommendation 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.

Has DiamondRock Hospitality been receiving favorable news coverage?

Media stories about DRH stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. DiamondRock Hospitality earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View News Stories for DiamondRock Hospitality.

Are investors shorting DiamondRock Hospitality?

DiamondRock Hospitality saw a decrease in short interest during the month of February. As of February 14th, there was short interest totalling 6,350,000 shares, a decrease of 21.1% from the January 30th total of 8,050,000 shares. Based on an average daily trading volume, of 2,280,000 shares, the short-interest ratio is currently 2.8 days. Approximately 3.2% 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 retail and institutional 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.

Which major investors are selling DiamondRock Hospitality stock?

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, Standard Life Aberdeen plc, Bank of New York Mellon Corp, Victory Capital Management Inc. and Barclays PLC. 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, 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.

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 $9.22.

How big of a company is DiamondRock Hospitality?

DiamondRock Hospitality has a market capitalization of $1.85 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.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:  368 (Vote Outperform)
Underperform Votes:  499 (Vote Underperform)
Total Votes:  867
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 2/28/2020 by MarketBeat.com Staff

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