DiamondRock Hospitality Company (DRH)

NYSE: DRH · IEX Real-Time Price · USD
8.37
+0.30 (3.66%)
Jul 7, 2022 12:49 PM EDT - Market open
3.66%
Market Cap 1.77B
Revenue (ttm) 691.03M
Net Income (ttm) -23.53M
Shares Out 211.61M
EPS (ttm) -0.11
PE Ratio n/a
Forward PE 22.17
Dividend n/a
Ex-Dividend Date n/a
Volume 451,661
Open 8.22
Previous Close 8.07
Day's Range 8.19 - 8.40
52-Week Range 7.68 - 11.15
Beta 1.56
Analysts Buy
Price Target 11.41 (+36.4%)
Earnings Date Aug 3, 2022

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 top gateway markets and destination resort locations. The Company owns 31 premium quality hotels with over 10,000 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment. [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date May 26, 2005
CEO Mark Brugger
Employees 28
Stock Exchange NYSE
Ticker Symbol DRH
Full Company Profile

Financial Performance

In 2021, DRH's revenue was $567.13 million, an increase of 89.37% compared to the previous year's $299.49 million. Losses were -$194.58 million, -50.66% less than in 2020.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for DRH stock is "Buy." The 12-month stock price forecast is 11.41, which is an increase of 36.40% from the latest price.

Price Target
$11.41
(36.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

DIAMONDROCK HOSPITALITY ANNOUNCES SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md. , June 28, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second quarter 2022 on Wednesday, August 3, 2022 after the...

DIAMONDROCK HOSPITALITY DECLARES DIVIDEND ON 8.250% SERIES A CUMULATIVE REDEEMABLE PREFERRED STOCK

BETHESDA, Md. , June 2, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that its Board of Directors has declared a dividend of $0.515625 per share on its...

DiamondRock Hospitality (DRH) Surpasses Q1 FFO and Revenue Estimates

DiamondRock Hospitality (DRH) delivered FFO and revenue surprises of 100% and 8.65%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

DIAMONDROCK ACQUIRES KIMPTON FORT LAUDERDALE BEACH RESORT

SIGNIFICANT VALUE CREATION OPPORTUNITIES IN OPERATIONS & SYNERGIES BETHESDA, Md. , May 5, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company" or "DiamondRock") (NYSE: DRH) today announce...

DIAMONDROCK HOSPITALITY COMPANY REPORTS FIRST QUARTER RESULTS

Hotel Adjusted EBITDA Exceeds 2019 Acquires Kimpton Fort Lauderdale Beach Resort Expects Full Year 2022 Hotel Revenues to Meet or Exceed 2019 Common Dividend Expected to Resume in 2022 BETHESDA, Md. , M...

Why Hotel Stocks Jumped This Week

Hotels are hot despite inflation picking up.

Other symbols: HPK

DIAMONDROCK HOSPITALITY ANNOUNCES FIRST QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md. , April 5, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the first quarter 2022 on Thursday, May 5, 2022 after the mark...

DIAMONDROCK HOSPITALITY ANNOUNCES RESIGNATION OF CHIEF OPERATING OFFICER THOMAS HEALY

BETHESDA, Md. , March 30, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that Executive Vice President and Chief Operating Officer Thomas G.

DIAMONDROCK HOSPITALITY DEBUTS HOTEL CLIO, A LUXURY COLLECTION HOTEL, DENVER CHERRY CREEK

BETHESDA, Md., March 16, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced the debut of Hotel Clio, a Luxury Collection Hotel, Denver Cherry Creek.

DiamondRock Hospitality (DRH) Matches Q4 FFO Estimates

DiamondRock Hospitality (DRH) delivered FFO and revenue surprises of 0% and 5.06%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

DIAMONDROCK HOSPITALITY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS

BETHESDA, Md., Feb. 17, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 33 premium hotels in the...

DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2021 DIVIDENDS

BETHESDA, Md., Jan. 24, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today the following tax treatment of its 2021 dividend distributions to the holders of ...

DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER 2021 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md., Jan. 18, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the fourth quarter 2021 on Thursday, February 17, 2022 after th...

DIAMONDROCK CAPS OFF A TRANSFORMATIONAL YEAR WITH THE $175.5MM ACQUISITION OF TWO FLORIDA RESORTS

BETHESDA, Md., Jan. 10, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company" or "DiamondRock") (NYSE: DRH) today announced that it has acquired two luxury coastal Florida resorts – the 17...

DiamondRock Debuts Margaritaville Beach House Key West

BETHESDA, Md., Nov. 16, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced the grand opening of its Margaritaville Beach House Key West following a $3.5 million i...

DiamondRock Debuts The Hythe, A Luxury Collection Resort, Vail Colorado

BETHESDA, Md., Nov. 11, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced the debut of The Hythe, a Luxury Collection Resort, Vail.

DiamondRock Hospitality (DRH) Q3 FFO Meet Estimates

DiamondRock Hospitality (DRH) delivered FFO and revenue surprises of 0.00% and 12.20%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

DiamondRock Hospitality Company Reports Third Quarter Results

BETHESDA, Md., Nov. 4, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 31 premium hotels in the ...

DiamondRock Hospitality Company Ranked #1 Among Hotel Peers By GRESB for Second Consecutive Year

BETHESDA, Md., Oct. 15, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) was named today a Global Listed Sector Leader by the Global Real Estate Sustainability Benchmark ...

DiamondRock Hospitality Announces Third Quarter 2021 Earnings Release and Conference Call

BETHESDA, Md., Sept. 27, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the third quarter 2021 on Thursday, November 4 th, 2021 after ...

DiamondRock Hospitality (DRH) Tops Q2 FFO and Revenue Estimates

DiamondRock Hospitality (DRH) delivered FFO and revenue surprises of 266.67% and 15.17%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

DiamondRock Hospitality Company Reports Second Quarter Results

BETHESDA, Md., Aug. 5, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 31 premium hotels in the ...

DiamondRock Hospitality Company Unveils Property-Wide Transformation Of The Lodge At Sonoma Resort, An Autograph Coll...

BETHESDA, Md., July 15, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today that it has completed the repositioning of The Lodge at Sonoma and the resort joi...

DiamondRock Hospitality Company Completes Disposition Of The 725-Room Lexington Hotel In New York City

BETHESDA, Md., July 1, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today that it completed the disposition of the 725-room Lexington Hotel in New York City...

DiamondRock Hospitality Announces Second Quarter 2021 Earnings Release and Conference Call

BETHESDA, Md., June 28, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second quarter 2021 on Thursday, August 5 th, 2021 after th...