NYSE:DRH DiamondRock Hospitality (DRH) Stock Price, News & Analysis → Trending Stocks Sent To You In Real Time (From Huge Alerts) (Ad) Free DRH Stock Alerts $9.62 +0.21 (+2.23%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$9.45▼$9.6350-Day Range$8.93▼$9.8052-Week Range$7.33▼$9.99Volume1.56 million shsAverage Volume1.47 million shsMarket Capitalization$2.02 billionP/E Ratio26.72Dividend Yield1.25%Price Target$10.30 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get DiamondRock Hospitality alerts: Email Address DiamondRock Hospitality MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside7.1% Upside$10.30 Price TargetShort InterestBearish7.77% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.92Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth4.17%From $0.96 to $1.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.74 out of 5 starsFinance Sector811th out of 860 stocksReal Estate Investment Trusts Industry164th out of 178 stocks 1.2 Analyst's Opinion Consensus RatingDiamondRock Hospitality has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.30, DiamondRock Hospitality has a forecasted upside of 7.1% from its current price of $9.62.Amount of Analyst CoverageDiamondRock Hospitality has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.77% of the float of DiamondRock Hospitality has been sold short.Short Interest Ratio / Days to CoverDiamondRock Hospitality has a short interest ratio ("days to cover") of 9.8.Change versus previous monthShort interest in DiamondRock Hospitality has recently increased by 1.66%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldDiamondRock Hospitality pays a meaningful dividend of 1.28%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDiamondRock Hospitality does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of DiamondRock Hospitality is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, DiamondRock Hospitality will have a dividend payout ratio of 12.00% next year. This indicates that DiamondRock Hospitality will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DRH. Previous Next 2.7 News and Social Media Coverage News SentimentDiamondRock Hospitality has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for DiamondRock Hospitality this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 50 people have added DiamondRock Hospitality to their MarketBeat watchlist in the last 30 days. This is a decrease of -32% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DiamondRock Hospitality insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.40% of the stock of DiamondRock Hospitality is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for DiamondRock Hospitality are expected to grow by 4.17% in the coming year, from $0.96 to $1.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DiamondRock Hospitality is 26.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.66.Price to Earnings Ratio vs. SectorThe P/E ratio of DiamondRock Hospitality is 26.72, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.03.Price to Book Value per Share RatioDiamondRock Hospitality has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Insiders ExposedThis consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.Register for the imminent briefing here. About DiamondRock Hospitality Stock (NYSE:DRH)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 leisure destinations and top gateway markets. The Company currently owns 36 premium quality hotels with over 9,700 rooms. The Company has strategically positioned its portfolio to be operated both under leading global brand families as well as independent boutique hotels in the lifestyle segment.Read More DRH Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DRH Stock News HeadlinesMarch 25, 2024 | prnewswire.comDIAMONDROCK HOSPITALITY COMPANY ANNOUNCES RETIREMENT OF GENERAL COUNSELMarch 25, 2024 | americanbankingnews.comDiamondRock Hospitality (NYSE:DRH) Receives Consensus Rating of "Hold" from BrokeragesMarch 28, 2024 | Behind the Markets (Ad)The Small Biotech with a BIG Cancer SolutionThere's a new cancer treatment so precise, it's been called a "smart bomb." One that can deliver a toxic payload directly to tumors while bypassing healthy cells.March 16, 2024 | finance.yahoo.comDRH Jun 2024 10.000 callMarch 14, 2024 | finance.yahoo.comDIAMONDROCK HOSPITALITY ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALLMarch 14, 2024 | markets.businessinsider.comKey Takeaways From Diamondrock Hospitality Analyst RatingsMarch 4, 2024 | prnewswire.comDIAMONDROCK HOSPITALITY DECLARES DIVIDEND FOR FIRST QUARTER 2024February 26, 2024 | markets.businessinsider.comDiamondrock Hospitality: A Buy Rating with Positive Outlook and Steady Capital StrategyMarch 28, 2024 | Behind the Markets (Ad)The Small Biotech with a BIG Cancer SolutionThere's a new cancer treatment so precise, it's been called a "smart bomb." One that can deliver a toxic payload directly to tumors while bypassing healthy cells.February 24, 2024 | finance.yahoo.comDiamondRock Hospitality Company (NYSE:DRH) Q4 2023 Earnings Call TranscriptFebruary 24, 2024 | finance.yahoo.comQ4 2023 Diamondrock Hospitality Co Earnings CallFebruary 24, 2024 | markets.businessinsider.comDiamondrock’s Stable Performance and Cautious Outlook Justify Hold RatingFebruary 23, 2024 | realmoney.thestreet.comDiamondRock price target raised by 50c at Stifel, here's whyFebruary 22, 2024 | finance.yahoo.comDIAMONDROCK HOSPITALITY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTSFebruary 22, 2024 | finance.yahoo.comDiamondrock Hospitality Co (DRH) Reports Mixed Results for Q4 and Full Year 2023February 19, 2024 | finance.yahoo.comCountdown to DiamondRock Hospitality (DRH) Q4 Earnings: A Look at Estimates Beyond Revenue and EPSFebruary 19, 2024 | finance.yahoo.comDRH Mar 2024 10.000 putFebruary 8, 2024 | benzinga.comDiamondrock Hospitality Stock (NYSE:DRH) Dividends: History, Yield and DatesFebruary 1, 2024 | seekingalpha.comDiamondRock Hospitality: Preferred Stock Offers A 7.1% Yield-To-Call For 18 MonthsJanuary 22, 2024 | finance.yahoo.comDIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2023 DIVIDENDSJanuary 22, 2024 | finance.yahoo.comDiamondRock Hospitality Company (DRH)January 22, 2024 | msn.comDiamondRock Hospitality Q4 comp revenue rises 0.4% Y/Y, RevPAR up 0.6%January 11, 2024 | msn.comWolfe Research Initiates Coverage of DiamondRock Hospitality (DRH) with Outperform RecommendationJanuary 10, 2024 | markets.businessinsider.comDeep Dive Into Diamondrock Hospitality Stock: Analyst Perspectives (5 Ratings)December 22, 2023 | finance.yahoo.comTop 20 Most Unfriendly States in the USDecember 20, 2023 | morningstar.comDiamondrock Hospitality Co DRHDecember 14, 2023 | finance.yahoo.comDIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALLSee More Headlines Receive DRH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DiamondRock Hospitality and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 1/11 Dividend12/28/2023Dividend Payable1/11/2024Last Earnings2/23/2024Today3/27/2024Ex-Dividend for 4/12 Dividend3/27/2024Dividend Payable4/12/2024Next Earnings (Confirmed)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustrySpecialized REITs Current SymbolNYSE:DRH CUSIP25278430 CIK1298946 Webwww.drhc.com Phone(240) 744-1150FaxN/AEmployees33Year FoundedN/APrice Target and Rating Average Stock Price Target$10.30 High Stock Price Target$11.00 Low Stock Price Target$9.00 Potential Upside/Downside+7.1%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.36 Trailing P/E Ratio26.72 Forward P/E Ratio10.02 P/E GrowthN/ANet Income$86.34 million Net Margins8.03% Pretax Margin8.09% Return on Equity5.29% Return on Assets2.68% Debt Debt-to-Equity Ratio0.71 Current Ratio2.00 Quick Ratio2.00 Sales & Book Value Annual Sales$1.07 billion Price / Sales1.88 Cash Flow$0.96 per share Price / Cash Flow9.99 Book Value$7.87 per share Price / Book1.22Miscellaneous Outstanding Shares209,630,000Free Float206,692,000Market Cap$2.02 billion OptionableOptionable Beta1.60 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Mark W. Brugger (Age 54)Co-Founder, President, CEO & Director Comp: $2.92MMr. Jeffrey John Donnelly C.F.A. (Age 53)Executive VP & CFO Comp: $1.3MMr. Justin L. Leonard (Age 46)Executive VP of Asset Management & COO Comp: $1.25MMr. Troy G. Furbay (Age 57)Executive VP & Chief Investment Officer Comp: $1.28MMr. William J. Tennis (Age 69)Executive VP, General Counsel & Corporate Secretary Comp: $1.15MMr. Dustin ResnickVice President of Acquisitions and InvestmentsMs. Briony R. Quinn CPA (Age 53)Senior VP & Treasurer More ExecutivesKey CompetitorsPebblebrook Hotel TrustNYSE:PEBRLJ Lodging TrustNYSE:RLJCoreCivicNYSE:CXWMedical Properties TrustNYSE:MPWLTC PropertiesNYSE:LTCView All CompetitorsInstitutional OwnershipPNC Financial Services Group Inc.Sold 3,433 shares on 3/22/2024Ownership: 0.010%Vanguard Group Inc.Sold 1,229,853 shares on 3/11/2024Ownership: 16.805%Fisher Asset Management LLCSold 56,783 shares on 3/5/2024Ownership: 0.915%Goldman Sachs Group Inc.Sold 120,444 shares on 3/1/2024Ownership: 1.079%Price T Rowe Associates Inc. MDBought 23,048 shares on 2/16/2024Ownership: 0.132%View All Institutional Transactions DRH Stock Analysis - Frequently Asked Questions Should I buy or sell DiamondRock Hospitality stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DiamondRock Hospitality in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DRH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DRH, but not buy additional shares or sell existing shares. View DRH analyst ratings or view top-rated stocks. What is DiamondRock Hospitality's stock price target for 2024? 5 brokerages have issued twelve-month price targets for DiamondRock Hospitality's shares. Their DRH share price targets range from $9.00 to $11.00. On average, they anticipate the company's stock price to reach $10.30 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price. View analysts price targets for DRH or view top-rated stocks among Wall Street analysts. How have DRH shares performed in 2024? DiamondRock Hospitality's stock was trading at $9.39 at the beginning of 2024. Since then, DRH stock has increased by 2.4% and is now trading at $9.62. View the best growth stocks for 2024 here. When is DiamondRock Hospitality's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our DRH earnings forecast. How can I listen to DiamondRock Hospitality's earnings call? DiamondRock Hospitality will be holding an earnings conference call on Friday, May 3rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were DiamondRock Hospitality's earnings last quarter? DiamondRock Hospitality (NYSE:DRH) announced its quarterly earnings data on Friday, February, 23rd. The real estate investment trust reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.18 by $0.14. The real estate investment trust earned $263.50 million during the quarter, compared to analyst estimates of $261.45 million. DiamondRock Hospitality had a net margin of 8.03% and a trailing twelve-month return on equity of 5.29%. The business's quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.23 EPS. How often does DiamondRock Hospitality pay dividends? What is the dividend yield for DiamondRock Hospitality? DiamondRock Hospitality declared a quarterly dividend on Monday, March 4th. Investors of record on Friday, March 29th will be given a dividend of $0.03 per share on Friday, April 12th. This represents a $0.12 annualized dividend and a yield of 1.25%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for DRH. Is DiamondRock Hospitality a good dividend stock? DiamondRock Hospitality (NYSE:DRH) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.28%. The dividend payout ratio is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DRH will have a dividend payout ratio of 12.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DRH. What ETFs hold DiamondRock Hospitality's stock? ETFs with the largest weight of DiamondRock Hospitality (NYSE:DRH) stock in their portfolio include Principal Real Estate Active Opportunities ETF (BYRE), Fidelity Real Estate Investment ETF (FPRO), Nuveen Short-Term REIT ETF (NURE), Kelly Hotel & Lodging Sector ETF (HOTL), JPMorgan Realty Income ETF (JPRE) and Intelligent Real Estate ETF (PRVT).SPDR S&P 600 Small Cap ETF (SLY). What guidance has DiamondRock Hospitality issued on next quarter's earnings? DiamondRock Hospitality issued an update on its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided EPS guidance of 0.880-1.020 for the period, compared to the consensus estimate of 0.950. The company issued revenue guidance of -. What is Mark W. Brugger's approval rating as DiamondRock Hospitality's CEO? 3 employees have rated DiamondRock Hospitality Chief Executive Officer Mark W. Brugger on Glassdoor.com. Mark W. Brugger has an approval rating of 100% among the company's employees. This puts Mark W. Brugger in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of DiamondRock Hospitality own? Based on aggregate information from My MarketBeat watchlists, some companies that other DiamondRock Hospitality investors own include Energy Transfer (ET), InterDigital (IDCC), STAG Industrial (STAG), AT&T (T), CBL & Associates Properties (CBL), Ford Motor (F), General Electric (GE), NGL Energy Partners (NGL), Invesco Mortgage Capital (IVR) and Annaly Capital Management (NLY). Who are DiamondRock Hospitality's major shareholders? DiamondRock Hospitality's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (16.80%), Vanguard Group Inc. (16.80%), Pzena Investment Management LLC (4.50%), Principal Financial Group Inc. (4.25%), Charles Schwab Investment Management Inc. (2.15%) and Centersquare Investment Management LLC (2.14%). View institutional ownership trends. How do I buy shares of DiamondRock Hospitality? Shares of DRH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:DRH) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding DiamondRock Hospitality Please log in to your account or sign up in order to add this asset to your watchlist. 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