Streetbeat News

DRH

DiamondRock Hospitality Company

https://www.drhc.com

Industry

REIT - Hotel & Motel

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 31 premium quality hotels with over 10,000 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment.

Open

8.89

Mkt cap

1.8B

Volume

15K

High

8.89

P/E Ratio

30.52

52-wk high

9.99

Low

8.83

Div yield

0.01

52-wk low

7.74

DiamondRock Hospitality Company has acquired the AC Hotel Minneapolis Downtown for $30 million, enhancing its portfolio with a 245-room property.

Portfolio Pulse from

November 15, 2024 | 1:15 pm

DiamondRock Hospitality Company held its Q3 2024 earnings conference call, discussing financial performance and future outlook.

Portfolio Pulse from

November 08, 2024 | 7:15 pm

DiamondRock Hospitality (DRH) released its Q3 earnings, providing insights into its performance for the quarter ended September 2024. The focus is on comparing key metrics with Wall Street estimates and year-ago figures.

Portfolio Pulse from

November 08, 2024 | 12:45 am

DiamondRock Hospitality (DRH) reported Q3 funds from operations (FFO) of $0.26 per share, matching the Zacks Consensus Estimate and remaining consistent with the FFO from the same quarter last year.

Portfolio Pulse from

November 08, 2024 | 12:30 am

DiamondRock Hospitality Company (NYSE: DRH) reported its third quarter 2024 results, highlighting its operations as a lodging real estate investment trust with a portfolio of 36 premium hotels and resorts in the U.S.

Portfolio Pulse from

November 07, 2024 | 9:15 pm

Wells Fargo analyst Dori Kesten maintains an Equal-Weight rating on Diamondrock Hospitality (NYSE:DRH) but lowers the price target from $9.5 to $9.