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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$7.33 - $9.99
Previous Close$8.61
Volume886.47K
Average Volume (3M)1.94M
Market Cap
$1.81B
Enterprise Value$2.96B
Total Cash (Recent Filing)$125.22M
Total Debt (Recent Filing)$1.29B
Price to Earnings (P/E)29.2
Beta1.28
Next Earnings
Nov 07, 2024EPS Estimate
$0.11Next Dividend Ex-Date
Sep 30, 2024Dividend Yield1.42%
Share Statistics
EPS (TTM)0.29
Shares Outstanding207,257,610
10 Day Avg. Volume1,936,456
30 Day Avg. Volume1,941,320
Standard Deviation0.13
R-Squared0.42
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.09
Price to Sales (P/S)1.58
Price to Cash Flow (P/CF)7.90
P/FCF Ratio11.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.68
Enterprise Value/Gross Profit5.02
Enterprise Value/Ebitda16.00
Forecast
1Y Price Target
$9.69Price Target Upside11.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Diamondrock News
PremiumCompany Announcements
DiamondRock Showcases Growth Strategy and Positive 2024 Outlook
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
7.35% Insiders
36.60% Mutual Funds
52.97% Other Institutional Investors
3.08% 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 $7.33 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 Nov 07, 2024 which is in 49 days.
How were Diamondrock’s earnings last quarter?
Diamondrock released its earnings results on Aug 01, 2024. The company reported $0.1 earnings per share for the quarter, missing the consensus estimate of $0.175 by -$0.075.
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 1.42%. See more information on Diamondrock dividends here
What is Diamondrock’s EPS estimate?
Diamondrock’s EPS estimate is $0.11.
How many shares outstanding does Diamondrock have?
Diamondrock has 207,257,610 shares outstanding.
What happened to Diamondrock’s price movement after its last earnings report?
Diamondrock reported an EPS of $0.1 in its last earnings report, missing expectations of $0.175. Following the earnings report the stock price went same 0%.
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 75M.
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Diamondrock Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$9.69 (11.64% Upside)
$9.69 (11.64% Upside)
Blogger Sentiment
Bullish
DRH Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 109.5K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
5.81%
12-Months-Change
Fundamentals
Return on Equity
4.36%
Trailing 12-Months
Asset Growth
0.74%
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
Q2 2024
0:00 / 0:00
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DRH Stock 12 Month Forecast
Average Price Target
$9.69
▲(11.64% Upside)
Technical Analysis
Best Analysts Covering DRH
1 Year
1 Year Success Rate
10/17 ratings generated profit
1 Year Average Return
+12.69%
reiterated a buy rating 2 months ago
Copying Simon Yarmak's trades and holding each position for 1 Year would result in 58.82% of your transactions generating a profit, with an average return of +12.69% per trade.
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