DiamondRock Hospitality Company (DRH)

NYSE: DRH · IEX Real-Time Price · USD
9.61
-0.01 (-0.10%)
Mar 28, 2024, 4:00 PM EDT - Market closed
-0.10%
Market Cap 2.03B
Revenue (ttm) 1.07B
Net Income (ttm) 76.52M
Shares Out 209.63M
EPS (ttm) 0.36
PE Ratio 26.69
Forward PE 22.84
Dividend $0.12 (1.25%)
Ex-Dividend Date Mar 27, 2024
Volume 856,397
Open 9.67
Previous Close 9.62
Day's Range 9.54 - 9.69
52-Week Range 7.33 - 9.99
Beta 1.60
Analysts Buy
Price Target 10.30 (+7.18%)
Earnings Date May 2, 2024

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 33
Stock Exchange NYSE
Ticker Symbol DRH
Full Company Profile

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%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for DRH stock is "Buy." The 12-month stock price forecast is $10.3, which is an increase of 7.18% from the latest price.

Price Target
$10.3
(7.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES RETIREMENT OF GENERAL COUNSEL

BETHESDA, Md. , March 25, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 36 premium hotels an...

3 days ago - PRNewsWire

DIAMONDROCK HOSPITALITY ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md. , March 14, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the first quarter 2024 after the market closes on Thursday,...

14 days ago - PRNewsWire

DIAMONDROCK HOSPITALITY DECLARES DIVIDEND FOR FIRST QUARTER 2024

BETHESDA, Md. , March 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...

24 days ago - PRNewsWire

DIAMONDROCK HOSPITALITY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

Comparable Full Year Total Revenues 4.0% Above 2022 and 11.3% Above 2019  Provides 2024 Outlook BETHESDA, Md. , Feb. 22, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH...

5 weeks ago - PRNewsWire

DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2023 DIVIDENDS

BETHESDA, Md. , Jan. 22, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced the following tax treatment of the 2023 distributions to holders of the Company's co...

2 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md. , Dec. 14, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the fourth quarter 2023 after the market closes on Thursday,...

3 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY COMPANY DECLARES DIVIDENDS FOR FOURTH QUARTER 2023

BETHESDA, Md. , Dec. 1, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced that its Board of Directors has declared a cash dividend of $0.03 per common share.

4 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY COMPANY REPORTS THIRD QUARTER 2023 RESULTS

Comparable Total Revenues Flat to 2022 and 12% Higher than 2019 BETHESDA, Md. , Nov. 1, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate ...

5 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY RECOGNIZED AS A SECTOR LEADER BY GRESB

#1 RANKING AMONG HOTEL PEERS FOR THE FOURTH CONSECUTIVE YEAR BETHESDA, Md. , Oct. 23, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) is pleased to announce that the C...

5 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY PROVIDES UPDATED INVESTOR PRESENTATION

BETHESDA, Md. , Sept. 12, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today made available on its website an updated investor presentation for use at upcoming conf...

7 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY ANNOUNCES THIRD QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md. , Sept. 11, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the third quarter 2023 before the market opens on Wednesday...

7 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY COMPANY DECLARES DIVIDENDS FOR THIRD QUARTER 2023

BETHESDA, Md. , Sept. 6, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced that its Board of Directors has declared a cash dividend of $0.03 per common share.

7 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY COMPANY REPORTS SECOND QUARTER RESULTS

BETHESDA, Md. , Aug. 3, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 36 premium hotels and ...

8 months ago - PRNewsWire

DIAMONDROCK ACQUIRES CHICO HOT SPRINGS RESORT

Authentic Western Resort Near Yellowstone National Park BETHESDA, Md. , Aug. 2, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE:DRH) today announced that it has acquired the...

8 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY DEBUTS THE DAGNY IN BOSTON

BETHESDA, Md. , Aug. 1, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced the rebranding and debut of The Dagny, an independent lifestyle hotel inspired ...

8 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY ANNOUNCES SECOND QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md. , June 15, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second quarter 2023 after the market closes on Thursday,...

10 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY COMPANY DECLARES DIVIDENDS FOR SECOND QUARTER 2023

BETHESDA, Md. , June 1, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced that its Board of Directors has declared a cash dividend of $0.03 per common share.

10 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY COMPANY REPORTS FIRST QUARTER RESULTS

Comparable Revenues Increase 18.0% over 2022 and 14.2% Over 2019 BETHESDA, Md. , May 4, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate ...

11 months ago - PRNewsWire

DIAMONDROCK HOSPITALITY ANNOUNCES FIRST QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md. , March 24, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the first quarter 2023 after the market closes on Thursday,...

1 year ago - PRNewsWire

DIAMONDROCK HOSPITALITY COMPANY DECLARES DIVIDENDS FOR FIRST QUARTER 2023

BETHESDA, Md. , March 2, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 pe...

1 year ago - PRNewsWire

DIAMONDROCK HOSPITALITY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS

Full Year 2022 Revenues 6.8% Above 2019 RevPAR Exceeds 2019 for 11th Consecutive Month BETHESDA, Md. , Feb. 21, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodg...

1 year ago - PRNewsWire

DIAMONDROCK HOSPITALITY ANNOUNCES UPDATE ON RECENT OPERATIONS

BETHESDA, Md. , Jan. 11, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today provided an update on preliminary results for November and December 2022, showing contin...

1 year ago - PRNewsWire

DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md. , Dec. 20, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the fourth quarter 2022 on the morning of Tuesday, February ...

1 year ago - PRNewsWire

DIAMONDROCK HOSPITALITY COMPANY DECLARES DIVIDENDS FOR FOURTH QUARTER 2022

BETHESDA, Md. , Dec. 7, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per...

1 year ago - PRNewsWire

DIAMONDROCK HOSPITALITY COMPANY REPORTS THIRD QUARTER RESULTS

Record Third Quarter Revenue & Profits Completed $1.2 Billion Financing BETHESDA, Md. , Nov. 3, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real...

1 year ago - PRNewsWire