DiamondRock Hospitality (DRH) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $6.73 to $7.18
• 50-Day Range: $6.39 to $8.75
• 52-Week Range: $6.10 to $10.00
• Volume: 2.79 million shs
• Average Volume: 2.18 million shs
• Market Capitalization: $1.43 billion
• P/E Ratio: 24.63
• Dividend Yield: 4.64%
• Price Target: $10.05
• Consensus Rating: Hold

DiamondRock Hospitality Stock Analysis - MarketRank™

DiamondRock Hospitality scored higher than 54% of companies evaluated by MarketBeat, and ranked 633rd out of 951 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

DiamondRock Hospitality has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

DiamondRock Hospitality has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 6.25%

Earnings Growth

Earnings for DiamondRock Hospitality are expected to grow by 6.25% in the coming year, from $0.96 to $1.02 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of DiamondRock Hospitality is 24.63, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of DiamondRock Hospitality is 24.63, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 21.13.

Price to Earnings Growth Ratio

DiamondRock Hospitality has a PEG Ratio of 2.06. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

DiamondRock Hospitality has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

8.12% of the float of DiamondRock Hospitality has been sold short.

Short Interest Ratio / Days to Cover

DiamondRock Hospitality has a short interest ratio ("days to cover") of 7.9.

Change versus previous month

Short interest in DiamondRock Hospitality has recently decreased by 5.13%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

DiamondRock Hospitality is a leading dividend payer. It pays a dividend yield of 4.43%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

DiamondRock Hospitality does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of DiamondRock Hospitality is 188.24%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, DiamondRock Hospitality will have a dividend payout ratio of 31.37% next year. This indicates that DiamondRock Hospitality will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.12% of the float of DiamondRock Hospitality has been sold short.

Short Interest Ratio / Days to Cover

DiamondRock Hospitality has a short interest ratio ("days to cover") of 7.9.

Change versus previous month

Short interest in DiamondRock Hospitality has recently decreased by 5.13%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.94

News Sentiment

DiamondRock Hospitality has a news sentiment score of 0.94. 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 news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for DiamondRock Hospitality this week, compared to 3 articles on an average week.

Search Interest

1 people have searched for DRH on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, DiamondRock Hospitality insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.40% of the stock of DiamondRock Hospitality is held by insiders.

DRH Stock Analysis - Frequently Asked Questions

How have DRH shares performed this year?

DiamondRock Hospitality's stock was trading at $9.03 at the beginning of the year. Since then, DRH stock has decreased by 23.6% and is now trading at $6.8950.
View the best growth stocks for 2025 here.

How were DiamondRock Hospitality's earnings last quarter?

DiamondRock Hospitality (NYSE:DRH) posted its earnings results on Thursday, August, 1st. The real estate investment trust reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by $0.22. DiamondRock Hospitality's revenue for the quarter was up 6.2% on a year-over-year basis.
Read the conference call transcript.

Who are DiamondRock Hospitality's major shareholders?

Top institutional shareholders of DiamondRock Hospitality include Rhumbline Advisers (0.31%), GAMMA Investing LLC (0.01%) and Versant Capital Management Inc.
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.

What other stocks do shareholders of DiamondRock Hospitality own?

Based on aggregate information from My MarketBeat watchlists, some other companies that DiamondRock Hospitality investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), American Water Works (AWK), AUO (AUOTY), Triple Flag Precious Metals (TFPM) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 8/01/2024
• Record date for 1/14 Dividend: 12/31/2024
• Ex-Dividend for 1/14 Dividend: 12/31/2024
• Dividend Payable: 1/14/2025
• Record date for 4/11 Dividend: 3/28/2025
• Ex-Dividend for 4/11 Dividend: 3/28/2025
• Today: 4/10/2025
• Dividend Payable: 4/11/2025
• Next Earnings (Estimated): 5/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:DRH
• CIK: 1298946
• Web: www.drhc.com
• Phone: (240) 744-1150
• Fax: N/A
• Employees: 30
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.05
• High Stock Price Target: $10.50
• Low Stock Price Target: $9.50
• Potential Upside/Downside: +45.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.17
• Trailing P/E Ratio: 24.63
• Forward P/E Ratio: 7.18
• P/E Growth: 2.06
• Net Income: $86.34 million
• Net Margins: 6.30%
• Pretax Margin: 6.38%
• Return on Equity: 4.25%
• Return on Assets: 2.18%

Debt

• Debt-to-Equity Ratio: 0.66
• Current Ratio: 1.73
• Quick Ratio: 1.73

Sales & Book Value

• Annual Sales: $1.13 billion
• Price / Sales: 1.27
• Cash Flow: $0.77 per share
• Price / Cash Flow: 8.98
• Book Value: $7.87 per share
• Price / Book: 0.88

Miscellaneous

• Outstanding Shares: 208,090,000
• Free Float: 204,686,000
• Market Cap: $1.43 billion
• Optionable: Optionable
• Beta: 1.38