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Diamondrock (DRH)
NYSE:DRH
Holding DRH?
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DRH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.74 - $9.99
Previous Close$9.28
Volume10.61M
Average Volume (3M)1.80M
Market Cap
$1.94B
Enterprise Value$3.08B
Total Cash (Recent Filing)$75.29M
Total Debt (Recent Filing)$1.21B
Price to Earnings (P/E)32.5
Beta1.24
Next Earnings
Feb 20, 2025EPS Estimate
$0.06Last Dividend Ex-Date
Sep 30, 2024Dividend Yield1.29%
Share Statistics
EPS (TTM)0.28
Shares Outstanding207,592,210
10 Day Avg. Volume1,679,141
30 Day Avg. Volume1,797,436
Standard Deviation0.13
R-Squared0.43
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.13
Price to Sales (P/S)1.67
Price to Cash Flow (P/CF)7.50
P/FCF Ratio11.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.76
Enterprise Value/Gross Profit5.22
Enterprise Value/Ebitda12.74
Forecast
1Y Price Target
$35.63Price Target Upside265.81% Upside
Rating ConsensusHold
Number of Analyst Covering7
Diamondrock News
PremiumCompany Announcements
Diamondrock Acquires AC Hotel Minneapolis DowntownBulls Say, Bears Say
Bulls Say
AcquisitionDRH acquired the 245-room AC Hotel in Minneapolis for $30 million at an 8.2% cap rate.
EarningsThird quarter Adjusted EBITDA was slightly ahead of consensus despite modest hurricane impacts.
Financial PerformanceDRH should face easier comps in many of its leisure focused assets, which should help 2025 performance.
Bears Say
EarningsFull-year earnings guidance was tightened even with the high end of RevPAR growth expectations reduced by 100 basis points versus the prior forecast.
Market RisksRisks include unexpected demand shocks, outsized exposure to the high-end leisure traveler, and higher-than-peer concentration to Marriott-branded hotels.
Operational PerformanceThere is no expected operational outperformance by the company in 2025.
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Ownership Overview
2.57% Insiders
31.07% Mutual Funds
20.05% Other Institutional Investors
9.23% 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 $9.99 in the past 12 months.
What is Diamondrock’s market cap?
Currently, no data Available
When is Diamondrock’s upcoming earnings report date?
Diamondrock’s upcoming earnings report date is Feb 20, 2025 which is in 78 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 $0.029 which represents an annual dividend yield of 1.29%. See more information on Diamondrock dividends here
What is Diamondrock’s EPS estimate?
Diamondrock’s EPS estimate is $0.06.
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 0.108%.
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:
$35.63 (265.81% Upside)
$35.63 (265.81% Upside)
Blogger Sentiment
Bullish
DRH Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 955.9K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.61%
12-Months-Change
Fundamentals
Return on Equity
4.27%
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
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DRH Stock 12 Month Forecast
Average Price Target
$35.63
▲(265.81% Upside)
Technical Analysis
Best Analysts Covering DRH
1 Year
1 Year Success Rate
15/26 ratings generated profit
1 Year Average Return
+6.62%
reiterated a buy rating 27 days 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 +6.62% per trade.
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