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Diamondrock (DRH)
NYSE:DRH
Diamondrock (DRH) Stock Price & Analysis
86 Followers
DRH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.26 - $9.92
Previous Close$8.34
Volume1.56M
Average Volume (3M)2.08M
Market Cap
$1.76B
Enterprise Value$2.93B
Total Cash (Recent Filing)$121.59M
Total Debt (Recent Filing)$1.29B
Price to Earnings (P/E)23.4
Beta1.38
Next Earnings
Aug 01, 2024EPS Estimate
$0.18Last Dividend Ex-Date
Jun 28, 2024Dividend Yield1.44%
Share Statistics
EPS (TTM)0.36
Shares Outstanding210,064,433
10 Day Avg. Volume1,814,782
30 Day Avg. Volume2,081,271
Standard Deviation0.13
R-Squared0.43
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.07
Price to Sales (P/S)1.63
Price to Cash Flow (P/CF)8.30
P/FCF Ratio8.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.96
Enterprise Value/Gross Profit4.97
Enterprise Value/Ebitda12.88
Forecast
1Y Price Target
$10.00Price Target Upside19.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Diamondrock News
PremiumCompany Announcements
Diamondrock Announces Executive Appointments and Legal Disclaimers
PremiumCompany Announcements
Diamondrock Shareholders Approve Board and Strategic Plans
Bulls Say, Bears Say
Bulls Say
EarningsFirst-quarter results were slightly ahead of expectations, which is encouraging given weaker industry-wide trends.
Financial GuidanceFull-year guidance was increased reflecting lower G&A and management's greater confidence in the group outlook.
Operational PerformanceThe recently renovated Dagney outperformed initial expectations.
Bears Say
Financial PerformanceComparable Hotel EBITDA was down 16.5% year-over-year and 1% below estimates.
Operational PerformanceHotel EBITDA margins of 24.7% were down significantly from the previous year, indicating deteriorating operational efficiency.
Stock BuybackNo shares were repurchased during the quarter, reflecting a potential lack of confidence in the stock's value.
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Ownership Overview
7.24% Insiders
36.41% Mutual Funds
36.61% Other Institutional Investors
19.74% 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 $7.26 and its highest was $9.92 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 Aug 01, 2024 which is in 10 days.
How were Diamondrock’s earnings last quarter?
Diamondrock released its earnings results on May 02, 2024. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.024 by $0.006.
Is Diamondrock overvalued?
According to Wall Street analysts Diamondrock’s price is currently Undervalued.
Does Diamondrock pay dividends?
Diamondrock pays a Quarterly dividend of $0.03 which represents an annual dividend yield of 1.44%. See more information on Diamondrock dividends here
What is Diamondrock’s EPS estimate?
Diamondrock’s EPS estimate is $0.18.
How many shares outstanding does Diamondrock have?
Diamondrock has 210,064,440 shares outstanding.
What happened to Diamondrock’s price movement after its last earnings report?
Diamondrock reported an EPS of $0.03 in its last earnings report, beating expectations of $0.024. Following the earnings report the stock price went up 0.686%.
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 87M.
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Diamondrock Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$10.00 (19.90% Upside)
$10.00 (19.90% Upside)
Blogger Sentiment
Bullish
DRH Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 267.5K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.74%
12-Months-Change
Fundamentals
Return on Equity
5.29%
Trailing 12-Months
Asset Growth
1.74%
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
Q1 2024
0:00 / 0:00
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DRH Stock 12 Month Forecast
Average Price Target
$10.00
▲(19.90% Upside)
Technical Analysis
Best Analysts Covering DRH
1 Year
1 Year Success Rate
9/16 ratings generated profit
1 Year Average Return
+12.71%
reiterated a buy rating 3 months ago
Copying Simon Yarmak's trades and holding each position for 1 Year would result in 56.25% of your transactions generating a profit, with an average return of +12.71% per trade.
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