DiamondRock Hospitality Company (DRH)
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]
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 StatementsAnalyst 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.
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...
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,...
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...
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...
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...
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,...
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.
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 ...
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...
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...
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...
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.
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 ...
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...
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 ...
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,...
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.
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 ...
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,...
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...
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...
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...
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 ...
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...
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...