DiamondRock Hospitality Company (DRH)
NYSE: DRH · Real-Time Price · USD
9.32
+0.09 (0.98%)
Dec 20, 2024, 4:00 PM EST - Market closed

DRH Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for DRH stock have an average target of 10.38, with a low estimate of 10 and a high estimate of 11. The average target predicts an increase of 11.37% from the current stock price of 9.32.

Analyst Consensus: Buy
Target Low Average Median High
Price $10 $10.38 $10.5 $11
Change +7.30% +11.37% +12.66% +18.03%

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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 122211
Buy 111111
Hold 433344
Sell 000000
Strong Sell 000000
Total 666666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Hold
Maintains
$10$11
Hold Maintains $10$11 +12.66% Dec 9, 2024
Stifel
Stifel
Hold
Downgrades
$11$10
Hold Downgrades $11$10 +9.98% Nov 22, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Downgrades
$11
Hold Downgrades $11 +12.66% Nov 15, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$9.5$9
Hold Maintains $9.5$9 -3.43% Sep 13, 2024
Truist Securities
Truist Securities
Hold
Maintains
$11$10
Hold Maintains $11$10 +7.30% Sep 4, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.13B
Revenue Next Year
1.16B
from 1.13B
Increased by 2.29%
EPS This Year
0.33
from 0.36
Decreased by -8.82%
EPS Next Year
0.48
from 0.33
Increased by 46.15%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----1.13B1.16B1.19B
Revenue Growth
8.61%-68.07%89.37%76.59%7.33%-2.29%2.76%
EPS
0.90-1.97-0.960.470.360.330.480.49
EPS Growth
110.65%----23.15%-8.82%46.15%2.11%
Forward PE
-----28.3919.4319.03
No. Analysts -----553
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High -
8.2%
8.8%
Avg -
2.3%
2.8%
Low -
-2.7%
-1.8%

EPS Forecast

EPS 202420252026
High 0.40 0.56 0.56
Avg 0.33 0.48 0.49
Low 0.27 0.42 0.43

EPS Growth

EPS Growth 202420252026
High
10.8%
69.5%
16.0%
Avg
-8.8%
46.2%
2.1%
Low
-23.8%
28.4%
-10.1%
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.