DiamondRock Hospitality Company (DRH)
NYSE: DRH · Real-Time Price · USD
9.14
+0.17 (1.90%)
At close: Nov 21, 2024, 4:00 PM
9.04
-0.10 (-1.09%)
After-hours: Nov 21, 2024, 5:24 PM EST
DRH Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for DRH stock have an average target of 10.17, with a low estimate of 9.00 and a high estimate of 11. The average target predicts an increase of 11.27% from the current stock price of 9.14.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DRH stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy → Hold Downgrades $11 | Buy → Hold | Downgrades | $11 | +14.88% | Nov 15, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $9.5 → $9 | Hold | Maintains | $9.5 → $9 | -1.53% | Sep 13, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $11 → $10 | Hold | Maintains | $11 → $10 | +9.41% | Sep 4, 2024 |
| Compass Point | Compass Point | Hold → Strong Buy Upgrades $10 | Hold → Strong Buy | Upgrades | $10 | +9.41% | Aug 5, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $10 → $11 | Hold | Maintains | $10 → $11 | +20.35% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
1.14B
Revenue Next Year
1.16B
from 1.14B
Increased by 2.47%
EPS This Year
0.35
from 0.36
Decreased by -1.81%
EPS Next Year
0.48
from 0.35
Increased by 37.14%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.2B | 1.3B |
| Avg | 1.1B | 1.2B | 1.2B |
| Low | 1.1B | 1.1B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 8.1% | 9.3% |
| Avg | - | 2.5% | 3.2% |
| Low | - | -2.1% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.40 | 0.56 | 0.59 |
| Avg | 0.35 | 0.48 | 0.50 |
| Low | 0.31 | 0.42 | 0.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.8% | 57.4% | 21.3% |
| Avg | -1.8% | 37.1% | 3.1% |
| Low | -12.9% | 19.2% | -13.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.