tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

DiamondRock Transfers Stock Listing to Nasdaq

Story Highlights
  • DiamondRock Hospitality will transfer its stock listing from NYSE to Nasdaq on December 1, 2025.
  • The move aims to leverage Nasdaq’s cost-effective platform and enhance market opportunities for DiamondRock.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DiamondRock Transfers Stock Listing to Nasdaq

TipRanks Black Friday Sale

Diamondrock ( (DRH) ) just unveiled an update.

On November 12, 2025, DiamondRock Hospitality Company announced its decision to transfer the listing of its common stock from the New York Stock Exchange (NYSE) to the Nasdaq Stock Market. The transfer is set to take effect on December 1, 2025, with the stock continuing to trade under the symbol ‘DRH’. This move is expected to provide cost-effective exchange listing, trading advisory services, and enhanced marketing opportunities, aligning with the company’s strategic objectives. The transfer signifies a new chapter for DiamondRock, as it joins Nasdaq’s community of innovative companies, potentially enhancing its market positioning and offering benefits to its shareholders.

The most recent analyst rating on (DRH) stock is a Hold with a $9.50 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 Neutral.

Diamondrock’s overall stock score reflects stable financial performance and strong earnings call results, which are offset by technical indicators suggesting overbought conditions and a high P/E ratio indicating potential overvaluation. The attractive dividend yield provides some support for the stock.

To see Spark’s full report on DRH stock, click here.

More about Diamondrock

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a leading portfolio of geographically diversified hotels concentrated in leisure destinations and top gateway markets. The Company currently owns 36 premium quality hotels and resorts 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.

Average Trading Volume: 3,056,845

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.86B

For an in-depth examination of DRH stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1