DiamondRock Hospitality Company (DRH)

Market Cap	2.05B
Revenue (ttm)	1.11B
Net Income (ttm)	60.42M
Shares Out	208.73M
EPS (ttm)	0.29
PE Ratio	34.21
Forward PE	21.62
Dividend	$0.12 (1.22%)
Ex-Dividend Date	Sep 30, 2024

Volume	3,628,924
Open	9.49
Previous Close	9.34
Day's Range	9.48 - 10.00
52-Week Range	7.74 - 10.00
Beta	1.60
Analysts	Buy
Price Target	10.13 (+3.32%)
Earnings Date	Nov 7, 2024

About DRH

DiamondRock Hospitality Company (the “Company” or “we”) is a lodging-focused real estate company that owns a portfolio of premium hotels and resorts. As of March 31, 2024, the company owned 36 hotels with 9,757 guest rooms. Company's hotels are concentrated in major urban markets and in destination resort locations and more than 60% of our hotels are operated under a brand owned by one of the leading global lodging brand companies (Marriott International, Inc., Hilton Worldwide, or IHG Hotels & Resorts). As an owner, company receives all of the...

• 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 6 analysts, the average rating for DRH stock is "Buy." The 12-month stock price forecast is $10.13, which is an increase of 3.32% from the latest price.

Price Target

$10.13

(3.32% upside)

Analyst Consensus: Buy