Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Diamondrock ( (DRH) ) has shared an announcement.
DiamondRock Hospitality Company, a U.S. lodging-focused REIT with a portfolio of 34 premium hotels and resorts in key leisure and gateway markets, continues to balance branded and independent lifestyle assets in its strategy. The company operates 9,400 rooms, leveraging both major global hotel families and boutique flags to diversify exposure and capture a wide range of demand drivers across the hospitality sector.
On May 1, 2026, DiamondRock completed the sale of its leasehold interest in the 189-room Courtyard by Marriott New York Manhattan/Fifth Avenue for $33 million, a deal reflecting a 6.3x multiple of the hotel’s 2025 Adjusted EBITDA and a 13.3% capitalization rate on 2025 net operating income. The transaction, driven by anticipated capital expenditure requirements, ground lease increases and labor cost pressures, prompted a modest reduction in the company’s 2026 guidance, trimming projected Adjusted EBITDA by $5.9 million and Adjusted FFO per share by $0.025, as management emphasized disciplined capital allocation and growth in free cash flow per share for shareholders.
The most recent analyst rating on (DRH) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Diamondrock stock, see the DRH Stock Forecast page.
Spark’s Take on DRH Stock
According to Spark, TipRanks’ AI Analyst, DRH is a Outperform.
DRH’s score is led by solid financial performance (post-2021 profitability and strong TTM revenue growth) and a notably positive earnings update (raised 2026 guidance and improving margins). Technicals are supportive with price above key moving averages and balanced momentum. The main offsets are volatility and recent weakness in free cash flow, plus some uncertainty created by inconsistent TTM debt reporting, while valuation appears reasonable with a mid-range P/E and a ~4% dividend yield.
To see Spark’s full report on DRH stock, click here.
More about Diamondrock
DiamondRock Hospitality Company (Nasdaq: DRH) is a self-advised real estate investment trust that owns a geographically diversified portfolio of 34 premium hotels and resorts with 9,400 rooms, concentrated in leisure destinations and top gateway markets. Its properties are strategically positioned to operate under leading global hotel brands as well as independent boutique hotels in the lifestyle segment.
Average Trading Volume: 2,241,312
Technical Sentiment Signal: Buy
Current Market Cap: $2.14B
See more insights into DRH stock on TipRanks’ Stock Analysis page.