DiamondRock Hospitality Company (DRH)

NYSE: DRH · Real-Time Price · USD
7.79
-0.11 (-1.39%)
Mar 27, 2025, 4:00 PM EST - Market closed
-1.39%
Market Cap 1.63B
Revenue (ttm) 1.13B
Net Income (ttm) 38.23M
Shares Out 209.22M
EPS (ttm) 0.18
PE Ratio 43.28
Forward PE 17.49
Dividend $0.37 (4.75%)
Ex-Dividend Date Mar 28, 2025
Volume 2,258,908
Open 7.87
Previous Close 7.90
Day's Range 7.71 - 7.88
52-Week Range 7.65 - 10.00
Beta 1.64
Analysts Hold
Price Target 10.05 (+29.01%)
Earnings Date May 1, 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. [Read more]

Sector Real Estate
IPO Date May 26, 2005
Employees 31
Stock Exchange NYSE
Ticker Symbol DRH
Full Company Profile

Financial Performance

In 2024, DRH's revenue was $1.13 billion, an increase of 5.12% compared to the previous year's $1.07 billion. Earnings were $38.23 million, a decrease of -50.04%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for DRH stock is "Hold." The 12-month stock price forecast is $10.05, which is an increase of 29.01% from the latest price.

Price Target
$10.05
(29.01% upside)
Analyst Consensus: Hold
Stock Forecasts

News

The State Of REITs: March 2025 Edition

REITs bounced back (+1.77%) in February and now have a positive year-to-date total return (+0.79%) after the first two months of the year. Large cap (+4.58%), small cap (+2.00%) and mid cap REITs (+0....

6 days ago - Seeking Alpha

DIAMONDROCK HOSPITALITY ANNOUNCES FIRST QUARTER 2025 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md. , March 21, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the first quarter 2025 after the market closes on Thursday,...

6 days ago - PRNewsWire

DiamondRock Hospitality Company (DRH) Q4 2024 Earnings Call Transcript

DiamondRock Hospitality Company (NYSE:DRH) Q4 2024 Earnings Conference Call February 28, 2025 10:00 AM ET Company Participants Briony Quinn - Chief Financial Officer Jeff Donnelly - Chief Executive O...

27 days ago - Seeking Alpha

DIAMONDROCK HOSPITALITY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS

Full Year Results Exceed Guidance Completes Sale of the Westin Washington D.C. City Center Announces $0.08 First Quarter 2025 Dividend BETHESDA, Md.

4 weeks ago - PRNewsWire

DRH: 8%+ Yield From The Preferred Stock

DiamondRock Hospitality Company (DRH) is a solid Hotel REIT with a geographically diversified portfolio of 36 premium hotels and resorts, offering a strong balance sheet and strategic capital allocati...

4 weeks ago - Seeking Alpha

DIAMONDROCK HOSPITALITY COMPANY COMPLETES SALE OF THE WESTIN WASHINGTON, D.C. CITY CENTER

BETHESDA, Md. , Feb. 19, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today that on February 19, 2025, it completed the sale of the 410-room Westin Washin...

5 weeks ago - PRNewsWire

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 financia...

2 months ago - Seeking Alpha

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 co...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 decla...

3 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY RECEIVES NAREIT'S 2024 LEADER IN THE LIGHT AWARD AND IS RECOGNIZED AS A SECTOR LEADER BY GRESB FOR THE FIFTH CONSECUTIVE YEAR

BETHESDA, Md. , Dec. 2, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today it is the recipient of the National Association of Real Estate Investment Trust...

4 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY ACQUIRES THE AC HOTEL MINNEAPOLIS DOWNTOWN

BETHESDA, Md. , Nov. 15, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced it has acquired the fee simple interest in the 245-room AC Hotel Minneapolis D...

4 months ago - PRNewsWire

DiamondRock Hospitality Company (DRH) Q3 2024 Earnings Conference Call Transcript

DiamondRock Hospitality Company (NYSE:DRH) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Briony Quinn - CFO Jeff Donnelly - CEO Justin Leonard - President and COO ...

4 months ago - Seeking Alpha

DIAMONDROCK HOSPITALITY COMPANY REPORTS THIRD QUARTER 2024 RESULTS

BETHESDA, Md. , Nov. 7, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging real estate investment trust that owns a portfolio of 36 premium hotels and resorts ...

5 months ago - PRNewsWire

DiamondRock Hospitality: Wait For A Dip In The 8.25% Preferred Shares

DiamondRock Hospitality's preferred dividends are well covered, with less than 5% of pre-dividend AFFO needed, and a strong balance sheet with $1.5B in common equity. The preferred shares, trading at ...

5 months ago - Seeking Alpha

FMR LLC's Strategic Reduction in Diamondrock Hospitality Co Holdings

On September 30, 2024, FMR LLC (Trades, Portfolio) executed a significant transaction involving the shares of Diamondrock Hospitality Co (DRH, Financial), a well-known player in the REITs industry. Th...

6 months ago - GuruFocus

DIAMONDROCK HOSPITALITY ANNOUNCES THIRD QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md. , Sept. 4, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the third quarter 2024 after the market closes on Thursday, ...

7 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY DECLARES DIVIDENDS FOR THIRD QUARTER 2024

BETHESDA, Md. , Sept. 4, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per comm...

7 months ago - PRNewsWire

DiamondRock Hospitality: Solid Q2 Performance, Strategic Share Repurchases Signal Long-Term Potential

DiamondRock Hospitality reported strong Q2 earnings with revenue up 4.8% YoY, FFO per share beating estimates, and increased adjusted EBITDA by 7.8%. The company repurchased $20.6mn worth of shares in...

8 months ago - Seeking Alpha

DiamondRock Hospitality Company (DRH) Q2 2024 Earnings Call Transcript

DiamondRock Hospitality Company (NYSE:DRH) Q2 2024 Earnings Conference Call August 2, 2024 9:00 AM ET Company Participants Briony Quinn - CFO Jeff Donnelly - CEO Justin Leonard - President and COO Co...

8 months ago - Seeking Alpha

DIAMONDROCK HOSPITALITY COMPANY REPORTS SECOND QUARTER 2024 RESULTS

Comparable Total Revenues 4.8% Above 2023 Raises Midpoint of Full Year Guidance BETHESDA, Md. , Aug. 1, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focu...

8 months ago - PRNewsWire

DiamondRock Hospitality: Balance Sheet Strength Indicates Stable Preferred Dividend Coverage

DiamondRock Hospitality's preferred shares offer a 7.2% total return if called in 2025, with a 6.2% annualized return. The REIT's solid performance and balance sheet strength indicate a stable preferr...

10 months ago - Seeking Alpha

DIAMONDROCK HOSPITALITY DECLARES DIVIDENDS FOR SECOND QUARTER 2024

BETHESDA, Md. , June 3, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per commo...

10 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY ANNOUNCES SECOND QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md. , May 29, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second quarter 2024 after the market closes on Thursday, ...

10 months ago - PRNewsWire