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Diamondrock (DRH)
NYSE:DRH
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DRH Stock Chart & Stats
Day’s Range― - ―
52-Week Range$7.74 - $10.00
Previous CloseN/A
Volume418.70K
Average Volume (3M)2.24M
Market Cap
$1.85B
Enterprise Value$2.94B
Total Cash (Recent Filing)$243.09M
Total Debt (Recent Filing)$920.54M
Price to Earnings (P/E)31.0
Beta1.22
Next Earnings
Feb 27, 2025EPS Estimate
0.07Last Dividend Ex-Date
Dec 31, 2024Dividend Yield1.35%
Share Statistics
EPS (TTM)0.28
Shares Outstanding207,592,210
10 Day Avg. Volume1,518,154
30 Day Avg. Volume2,238,804
Standard Deviation0.13
R-Squared0.43
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.65
Price to Cash Flow (P/CF)7.50
P/FCF Ratio11.80
Enterprise Value/Market Cap1.59
Enterprise Value/Revenue2.63
Enterprise Value/Gross Profit4.97
Enterprise Value/Ebitda12.14
Forecast
1Y Price Target
$10.05Price Target Upside11.42% Upside
Rating ConsensusHold
Number of Analyst Covering5
Diamondrock News
PremiumCompany Announcements
Diamondrock Expands Board with Expert Stephanie Lepori
PremiumCompany Announcements
Diamondrock Acquires AC Hotel Minneapolis Downtown
Bulls Say, Bears Say
Bulls Say
Acquisition And InvestmentThe acquisition of the 245-room AC Hotel in Minneapolis for $30 million at an 8.2% cap rate indicates strategic expansion in key markets.
Dividend StrategyThe planned 2025 dividend of $0.08 per share quarterly is expected to support earnings growth potentially exceeding consensus expectations.
Financial PerformanceThird quarter Adjusted EBITDA exceeded consensus forecasts, demonstrating resilience despite modest hurricane impacts.
Bears Say
Financial PerformanceFull-year earnings guidance was tightened even with the high end of RevPAR growth expectations reduced by 100 basis points compared to the prior forecast.
Market Trends2025 Group Pace is currently trending down, indicating potential challenges ahead for the company.
Operational RisksRisks include unexpected demand shocks, outsized exposure to the high-end leisure traveler, and a higher-than-peer concentration to Marriott-branded hotels.
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Ownership Overview
2.57% Insiders
32.17% Mutual Funds
0.05% Other Institutional Investors
32.60% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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DRH FAQ
What was Diamondrock’s price range in the past 12 months?
Diamondrock lowest stock price was $7.74 and its highest was $10.00 in the past 12 months.
What is Diamondrock’s market cap?
Diamondrock’s market cap is $1.85B.
When is Diamondrock’s upcoming earnings report date?
Diamondrock’s upcoming earnings report date is Feb 27, 2025 which is in 29 days.
How were Diamondrock’s earnings last quarter?
Diamondrock released its earnings results on Nov 07, 2024. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.123 by -$0.013.
Is Diamondrock overvalued?
According to Wall Street analysts Diamondrock’s price is currently Undervalued.
Does Diamondrock pay dividends?
Diamondrock pays a Quarterly dividend of $0.317 which represents an annual dividend yield of 1.35%. See more information on Diamondrock dividends here
What is Diamondrock’s EPS estimate?
Diamondrock’s EPS estimate is 0.07.
How many shares outstanding does Diamondrock have?
Diamondrock has 207,592,210 shares outstanding.
What happened to Diamondrock’s price movement after its last earnings report?
Diamondrock reported an EPS of $0.11 in its last earnings report, missing expectations of $0.123. Following the earnings report the stock price went up 0.111%.
Which hedge fund is a major shareholder of Diamondrock?
Among the largest hedge funds holding Diamondrock’s share is Pzena Investment Management LLC. It holds Diamondrock’s shares valued at 80M.
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Diamondrock Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$10.05 (11.42% Upside)
$10.05 (11.42% Upside)
Blogger Sentiment
Bullish
DRH Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 955.9K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.11%
12-Months-Change
Fundamentals
Return on Equity
4.11%
Trailing 12-Months
Asset Growth
-2.30%
Trailing 12-Months
Company Description
Diamondrock
DiamondRock Hospitality Co. is a real estate investment trust which focuses on lodging properties. It engages in the acquisition, ownership, asset management, and renovation of hotels and resorts. The company was founded by Mark W. Brugger, William W. McCarten, and John L. Williams in July 2004 and is headquartered in Bethesda, MD.
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DRH Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative aspects. DiamondRock Hospitality showcased strong group demand and positive urban hotel performance, alongside successful property conversions and recognitions. However, challenges such as a decline in resort RevPAR, weaker transient pickup, and a reduction in CapEx guidance were also highlighted. The overall sentiment is balanced with both achievements and challenges noted.Read More>---
DRH Stock 12 Month Forecast
Average Price Target
$10.05
▲(11.42% Upside)
Technical Analysis
Host Hotels & Resorts
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Pebblebrook Hotel
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RLJ Lodging
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Xenia Hotels & Resorts
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Park Hotels & Resorts
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Best Analysts Covering DRH
1 Year
1 Year Success Rate
15/26 ratings generated profit
1 Year Average Return
+6.50%
reiterated a buy rating 3 months ago
Copying Michael Bellisario's trades and holding each position for 1 Year would result in 57.69% of your transactions generating a profit, with an average return of +6.50% per trade.
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