DRH icon

DiamondRock Hospitality

8.60 USD
+0.06
0.70%
At close Feb 14, 4:00 PM EST
After hours
8.60
+0.00
0.00%
1 day
0.70%
5 days
-1.83%
1 month
-1.94%
3 months
-4.87%
6 months
7.63%
Year to date
-3.59%
1 year
-5.29%
5 years
-17.23%
10 years
-41.02%
 

About: Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver, and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and others. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.

Employees: 33

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

3% more capital invested

Capital invested by funds: $1.86B [Q2] → $1.91B (+$54.2M) [Q3]

0.95% more ownership

Funds ownership: 104.56% [Q2] → 105.5% (+0.95%) [Q3]

9% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 91

3% less funds holding

Funds holding: 235 [Q2] → 229 (-6) [Q3]

13% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 30

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$10.25
19%
upside
Avg. target
$10.38
21%
upside
High target
$10.50
22%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Wells Fargo
Dori Kesten
46% 1-year accuracy
13 / 28 met price target
22%upside
$10.50
Equal-Weight
Maintained
9 Dec 2024
Stifel
Simon Yarmak
43% 1-year accuracy
15 / 35 met price target
19%upside
$10.25
Hold
Downgraded
22 Nov 2024

Financial journalist opinion

Based on 6 articles about DRH published over the past 30 days

Neutral
Zacks Investment Research
3 days ago
DRH vs. CUBE: Which Stock Is the Better Value Option?
Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either DiamondRock Hospitality (DRH) or CubeSmart (CUBE). But which of these two stocks is more attractive to value investors?
DRH vs. CUBE: Which Stock Is the Better Value Option?
Positive
Zacks Investment Research
3 days ago
Is DiamondRock Hospitality (DRH) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is DiamondRock Hospitality (DRH) Stock Undervalued Right Now?
Positive
Zacks Investment Research
2 weeks ago
DRH or CUBE: Which Is the Better Value Stock Right Now?
Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both DiamondRock Hospitality (DRH) and CubeSmart (CUBE). But which of these two stocks presents investors with the better value opportunity right now?
DRH or CUBE: Which Is the Better Value Stock Right Now?
Positive
Zacks Investment Research
2 weeks ago
Should Value Investors Buy DiamondRock Hospitality (DRH) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy DiamondRock Hospitality (DRH) Stock?
Positive
Seeking Alpha
3 weeks ago
DiamondRock Hospitality: Counting Down To The Call Date Of The Preferred Stock
DiamondRock Hospitality's preferred stock is attractive near the $25 call value, with a high likelihood of being called due to a strong balance sheet. The REIT's AFFO guidance suggests robust financial performance, with excellent preferred dividend coverage and substantial after-capex AFFO. Preferred shares offer an appealing total return of 3.27% over seven months, with potential annualized returns exceeding 5.5%.
DiamondRock Hospitality: Counting Down To The Call Date Of The Preferred Stock
Neutral
PRNewsWire
3 weeks ago
DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2024 DIVIDENDS
BETHESDA, Md. , Jan. 24, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced the following tax treatment of the 2024 distributions to holders of the Company's common and Series A preferred stock.
DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2024 DIVIDENDS
Neutral
PRNewsWire
1 month ago
DIAMONDROCK HOSPITALITY APPOINTS STEPHANIE LEPORI TO BOARD OF DIRECTORS
BETHESDA, Md. , Jan. 15, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today that its Board of Directors (the "Board") increased the size of the Board from eight to nine members and appointed Stephanie Lepori to the Board, effective January 15, 2025.
DIAMONDROCK HOSPITALITY APPOINTS STEPHANIE LEPORI TO BOARD OF DIRECTORS
Neutral
PRNewsWire
1 month ago
DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 EARNINGS RELEASE AND CONFERENCE CALL
BETHESDA, Md. , Jan. 8, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the fourth quarter and full year 2024 after the market closes on Thursday, February 27, 2025.
DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 EARNINGS RELEASE AND CONFERENCE CALL
Neutral
Seeking Alpha
2 months ago
Fed Ahead
Ahead of the Federal Reserve's critical interest rate decision next week, U.S. equity markets snapped a three-week winning streak as benchmark interest rates jumped to the cusp of five-month highs. Lukewarm CPI and PPI inflation reports were "good enough" to solidify another Fed rate cut next week, but "sticky" trends called into question the outlook for continued easing in 2025. After setting a series of fresh record-highs in the prior week, the S&P 500 slipped 0.6% this week, but still remains on pace for its best year since 2019.
Fed Ahead
Neutral
PRNewsWire
2 months ago
DIAMONDROCK HOSPITALITY DECLARES FOURTH QUARTER DIVIDENDS
Common Dividends for 2024 Total $0.32 Per Share BETHESDA, Md. , Dec. 9, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced that its Board of Directors has declared a fourth quarter dividend of $0.23 per common share, which includes the Company's regular quarterly dividend of $0.03 per common share, along with a stub dividend of $0.20 per common share.
DIAMONDROCK HOSPITALITY DECLARES FOURTH QUARTER DIVIDENDS
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