DiamondRock Hospitality Company (DRH)
| Market Cap | 1.65B |
| Revenue (ttm) | 1.13B |
| Net Income (ttm) | 41.76M |
| Shares Out | 207.45M |
| EPS (ttm) | 0.19 |
| PE Ratio | 41.76 |
| Forward PE | 18.02 |
| Dividend | $0.32 (4.04%) |
| Ex-Dividend Date | Jun 30, 2025 |
| Volume | 3,010,994 |
| Open | 7.93 |
| Previous Close | 7.92 |
| Day's Range | 7.86 - 7.97 |
| 52-Week Range | 6.19 - 10.00 |
| Beta | 1.35 |
| Analysts | Hold |
| Price Target | 8.71 (+9.77%) |
| Earnings Date | Aug 7, 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 approximately 9,600 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 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 StatementsAnalyst Summary
According to 7 analysts, the average rating for DRH stock is "Hold." The 12-month stock price target is $8.71, which is an increase of 9.77% from the latest price.
News
Over 8% Yield From DiamondRock Hospitality Preferred
DiamondRock Hospitality (DRH) demonstrates solid financials, with strong asset coverage and a forward FFO yield of 13.23% on common stock. The preferred stock (DRH.PR.A) offers an attractive 8.32% str...
DIAMONDROCK HOSPITALITY ANNOUNCES SECOND QUARTER 2025 EARNINGS RELEASE AND CONFERENCE CALL
BETHESDA, Md. , May 28, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second quarter 2025 after the market closes on Thursday, ...
DiamondRock Hospitality: Market Is Questioning Redemption Of The Preferred Shares
DiamondRock Hospitality owns 36 premium hotels and resorts, with a clean balance sheet and conservative leverage, making it resilient during potential recessions. The REIT faces upcoming debt maturiti...
DiamondRock Hospitality Company (DRH) Q1 2025 Earnings Call Transcript
DiamondRock Hospitality Company (NYSE:DRH) Q1 2025 Earnings Conference Call May 2, 2025 11:00 AM ET Company Participants Briony Quinn - CFO Jeff Donnelly - CEO Justin Leonard - President and COO Conf...
DIAMONDROCK HOSPITALITY COMPANY REPORTS FIRST QUARTER 2025 RESULTS
Q1 Comparable RevPAR Increases 2.0% Declares Second Quarter 2025 Dividends BETHESDA, Md. , May 1, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging real estat...
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....
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,...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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 ...
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 ...
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...
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, ...
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...
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...