DiamondRock Hospitality Company (DRH)

Market Cap	1.72B
Revenue (ttm)	1.11B
Net Income (ttm)	60.42M
Shares Out	208.73M
EPS (ttm)	0.29
PE Ratio	28.70
Forward PE	18.14
Dividend	$0.32 (3.89%)
Ex-Dividend Date	Dec 31, 2024

Volume	2,048,511
Open	8.63
Previous Close	8.54
Day's Range	8.14 - 8.63
52-Week Range	7.74 - 10.00
Beta	1.58
Analysts	Hold
Price Target	10.25 (+24.7%)
Earnings Date	Feb 27, 2025

About 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.

• Industry: REIT - Hotel & Motel
• Sector: Real Estate
• IPO Date: May 26, 2005
• Employees: 33
• Stock Exchange: NYSE
• Ticker Symbol: DRH
• Website: https://www.drhc.com

Financial Performance

In 2023, DRH's revenue was $1.07 billion, an increase of 7.33% compared to the previous year's $1.00 billion. Earnings were $76.52 million, a decrease of -23.10%.

Analyst Forecast

According to 5 analysts, the average rating for DRH stock is "Hold." The 12-month stock price forecast is $10.25, which is an increase of 24.70% from the latest price.

Price Target

$10.25

(24.70% upside)

Analyst Consensus: Hold