Real Estate -
REIT - Hotel & Motel - NYSE - US
$ 8.92
-0.779 %
$ 1.85 B
Market Cap
30.76
P/E
1. INTRINSIC VALUE
Balance Sheet
DiamondRock Hospitality Company
| Current Assets | 312 M |
| Cash & Short-Term Investments | 122 M |
| Receivables | 145 M |
| Other Current Assets | 45.6 M |
| Non-Current Assets | 2.93 B |
| Long-Term Investments | 0 |
| PP&E | 2.85 B |
| Other Non-Current Assets | 73.9 M |
| Current Liabilities | 300 M |
| Accounts Payable | 156 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 144 M |
| Non-Current Liabilities | 1.54 B |
| Long-Term Debt | 1.29 B |
| Other Non-Current Liabilities | 254 M |
EFFICIENCY
Earnings Waterfall
DiamondRock Hospitality Company
| Revenue | 1.07 B |
| Cost Of Revenue | 782 M |
| Gross Profit | 293 M |
| Operating Expenses | 32 M |
| Operating Income | 261 M |
| Other Expenses | 174 M |
| Net Income | 86.6 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
DiamondRock Hospitality Company
| Net Income | 86.6 M |
| Depreciation & Amortization | 111 M |
| Capital Expenditures | -119 M |
| Stock-Based Compensation | 8.77 M |
| Change in Working Capital | 20.9 M |
| Others | 31.4 M |
| Free Cash Flow | 119 M |
Wall Street Analysts Price Targets
DiamondRock Hospitality Company
Wall Street analysts predict an average 1-year price target for DRH of $10.2 , with forecasts ranging from
a
low of
$10 to a high of $10.8 .
DRH Lowest Price Target
Wall Street Target
10 USD
12.11%
DRH Average Price Target
Wall Street Target
10.2 USD
14.91%
DRH Highest Price Target
Wall Street Target
10.8 USD
20.52%
4. DIVIDEND
ANALYSIS
0.49%
DIVIDEND YIELD
0.23 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
DiamondRock Hospitality Company
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
Feb 02, 2023
|
Sell 243 K
USD
|
Brugger Mark W
President and CEO
|
- 24310
|
10 USD |
|
3 years ago
Nov 08, 2021
|
Sell 327 K
USD
|
Tennis William J
EVP & General Counsel
|
- 30000
|
10.9 USD |
|
3 years ago
Mar 08, 2021
|
Sell 2.02 M
USD
|
Brugger Mark W
President and CEO
|
- 200000
|
10.1108 USD |
|
4 years ago
Dec 03, 2020
|
Sell 207 K
USD
|
Tennis William J
EVP & General Counsel
|
- 25068
|
8.26 USD |
|
4 years ago
Dec 03, 2020
|
Sell 136 K
USD
|
Furbay Troy
EVP & Chief Investment Officer
|
- 16359
|
8.34 USD |
|
4 years ago
Dec 04, 2020
|
Sell 88.8 K
USD
|
Quinn Briony R.
Sr. Vice President & Treasurer
|
- 10000
|
8.88 USD |
|
4 years ago
Sep 23, 2020
|
Bought
23.8 K USD
|
Donnelly Jeffrey
EVP & Chief Financial Officer
|
+ 5000
|
4.7689 USD |
|
5 years ago
Jun 28, 2019
|
Sell 82.9 K
USD
|
McAvey Maureen L
Director
|
- 8000
|
10.36 USD |
|
6 years ago
May 30, 2018
|
Sell 384 K
USD
|
Tennis William J
EVP & General Counsel
|
- 30000
|
12.79 USD |
|
6 years ago
May 24, 2018
|
Sell 126 K
USD
|
Quinn Briony R.
Sr. Vice President & Treasurer
|
- 10000
|
12.58 USD |
|
6 years ago
May 09, 2018
|
Sell 132 K
USD
|
RAY GILBERT T
Director
|
- 11268
|
11.74 USD |
|
6 years ago
Mar 02, 2018
|
Bought
99.8 K USD
|
Brugger Mark W
President and CEO
|
+ 10000
|
9.98 USD |
|
7 years ago
Aug 14, 2017
|
Sell 67.2 K
USD
|
McAvey Maureen L
Director
|
- 6000
|
11.2 USD |
|
8 years ago
Dec 09, 2016
|
Sell 115 K
USD
|
Mahoney Sean M
EVP & Chief Financial Officer
|
- 10000
|
11.48 USD |
|
8 years ago
Dec 12, 2016
|
Sell 115 K
USD
|
Mahoney Sean M
EVP & Chief Financial Officer
|
- 10000
|
11.46 USD |
|
8 years ago
Dec 13, 2016
|
Sell 114 K
USD
|
Mahoney Sean M
EVP & Chief Financial Officer
|
- 10000
|
11.4 USD |
|
9 years ago
Mar 24, 2015
|
Sell 1.5 K
USD
|
Tennis William J
EVP & General Counsel
|
- 100
|
14.95 USD |
|
10 years ago
Dec 22, 2014
|
Sell 153 K
USD
|
Quinn Briony R.
Chief Accounting Officer
|
- 10000
|
15.34 USD |
|
10 years ago
Aug 19, 2014
|
Sell 265 K
USD
|
Mahoney Sean M
EVP & Chief Financial Officer
|
- 20000
|
13.25 USD |
|
10 years ago
Jul 16, 2014
|
Sell 522 K
USD
|
Brugger Mark W
President and CEO
|
- 40000
|
13.05 USD |
|
10 years ago
May 16, 2014
|
Sell 188 K
USD
|
RAY GILBERT T
Director
|
- 15797
|
11.88 USD |
|
10 years ago
Feb 20, 2014
|
Sell 565 K
USD
|
MCCARTEN WILLIAM W
Director
|
- 46101
|
12.25 USD |
|
11 years ago
Dec 23, 2013
|
Sell 677 K
USD
|
MCCARTEN WILLIAM W
Director
|
- 57647
|
11.75 USD |
|
11 years ago
Dec 18, 2013
|
Sell 166 K
USD
|
MCCARTEN WILLIAM W
Director
|
- 14741
|
11.293 USD |
|
11 years ago
Nov 15, 2013
|
Sell 696 K
USD
|
Brugger Mark W
President and CEO
|
- 60000
|
11.6042 USD |
|
12 years ago
May 01, 2012
|
Sell 17 K
USD
|
MCCARTEN WILLIAM W
Director
|
- 1545
|
11 USD |
|
12 years ago
May 01, 2012
|
Sell 165 K
USD
|
Mahoney Sean M
EVP Chief Financial Officer
|
- 15000
|
11 USD |
|
12 years ago
Mar 13, 2012
|
Sell 500 K
USD
|
Brugger Mark W
Chief Executive Officer
|
- 50000
|
10 USD |
|
14 years ago
Oct 20, 2010
|
Sell 100 K
USD
|
MCCARTEN WILLIAM W
Director
|
- 9136
|
11 USD |
|
14 years ago
Oct 13, 2010
|
Sell 136 K
USD
|
MCCARTEN WILLIAM W
Director
|
- 13000
|
10.5 USD |
|
14 years ago
Oct 13, 2010
|
Sell 228 K
USD
|
MCCARTEN WILLIAM W
Director
|
- 21700
|
10.51 USD |
|
14 years ago
Oct 13, 2010
|
Sell 52.6 K
USD
|
MCCARTEN WILLIAM W
Director
|
- 5000
|
10.52 USD |
|
14 years ago
Oct 13, 2010
|
Sell 3.16 K
USD
|
MCCARTEN WILLIAM W
Director
|
- 300
|
10.526 USD |
|
14 years ago
Sep 20, 2010
|
Sell 400 K
USD
|
MCCARTEN WILLIAM W
Director
|
- 40000
|
10 USD |
|
14 years ago
Mar 03, 2010
|
Sell 586 K
USD
|
MCCARTEN WILLIAM W
Director
|
- 70587
|
8.3028 USD |
|
17 years ago
Dec 17, 2007
|
Sell 38 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
15.185 USD |
|
17 years ago
Nov 16, 2007
|
Sell 44.2 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
17.66 USD |
|
17 years ago
Oct 16, 2007
|
Sell 44.8 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
17.9 USD |
|
17 years ago
Sep 17, 2007
|
Sell 42.9 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
17.15 USD |
|
17 years ago
Aug 16, 2007
|
Sell 38.4 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
15.38 USD |
|
17 years ago
Jul 16, 2007
|
Sell 49.6 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
19.84 USD |
|
17 years ago
Jun 22, 2007
|
Bought
8.03 K USD
|
Schecter Michael D
General Counsel
|
+ 438.2
|
18.33 USD |
|
17 years ago
Jun 18, 2007
|
Sell 46.2 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
18.5 USD |
|
17 years ago
May 16, 2007
|
Sell 46.7 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
18.69 USD |
|
17 years ago
Apr 16, 2007
|
Sell 48 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
19.2 USD |
|
17 years ago
Mar 16, 2007
|
Sell 46 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
18.39 USD |
|
17 years ago
Feb 16, 2007
|
Sell 47 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
18.82 USD |
|
18 years ago
Jan 16, 2007
|
Sell 1.81 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 100
|
18.12 USD |
|
18 years ago
Jan 16, 2007
|
Sell 5.43 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 300
|
18.1 USD |
|
18 years ago
Jan 16, 2007
|
Sell 16.3 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 900
|
18.09 USD |
|
18 years ago
Jan 16, 2007
|
Sell 18.1 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 1000
|
18.07 USD |
|
18 years ago
Jan 16, 2007
|
Sell 3.6 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 200
|
18 USD |
|
18 years ago
Dec 18, 2006
|
Sell 30.2 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 1700
|
17.79 USD |
|
18 years ago
Dec 18, 2006
|
Sell 14.2 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 800
|
17.78 USD |
|
18 years ago
Nov 16, 2006
|
Sell 41.9 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
16.75 USD |
|
18 years ago
Oct 16, 2006
|
Sell 20.1 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 1200
|
16.75 USD |
|
18 years ago
Oct 16, 2006
|
Sell 20.1 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 1200
|
16.77 USD |
|
18 years ago
Oct 16, 2006
|
Sell 1.68 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 100
|
16.76 USD |
|
18 years ago
Sep 18, 2006
|
Sell 41.1 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2400
|
17.13 USD |
|
18 years ago
Sep 18, 2006
|
Sell 1.72 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 100
|
17.25 USD |
|
18 years ago
Aug 16, 2006
|
Sell 40 K
USD
|
Brugger Mark W
Chief Financial Officer
|
- 2500
|
16 USD |
|
19 years ago
Jun 01, 2005
|
Bought
15 M USD
|
MARRIOTT INTERNATIONAL INC /MD/
10 percent owner
|
+ 1428571
|
10.5 USD |
7. News
Fed Ahead
Ahead of the Federal Reserve's critical interest rate decision next week, U.S. equity markets snapped a three-week winning streak as benchmark interest rates jumped to the cusp of five-month highs. Lukewarm CPI and PPI inflation reports were "good enough" to solidify another Fed rate cut next week, but "sticky" trends called into question the outlook for continued easing in 2025. After setting a series of fresh record-highs in the prior week, the S&P 500 slipped 0.6% this week, but still remains on pace for its best year since 2019.
seekingalpha.com
- 1 month ago
DIAMONDROCK HOSPITALITY DECLARES FOURTH QUARTER DIVIDENDS
Common Dividends for 2024 Total $0.32 Per Share BETHESDA, Md. , Dec. 9, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced that its Board of Directors has declared a fourth quarter dividend of $0.23 per common share, which includes the Company's regular quarterly dividend of $0.03 per common share, along with a stub dividend of $0.20 per common share.
prnewswire.com
- 1 month ago
Goldilocks Data Upholds Fed Cut
U.S. equity markets climbed to fresh record-highs this week, while benchmark interest rates ticked lower, after a critical slate of employment data showed lukewarm labor market trends in November. Viewed as a "Goldilocks" report that effectively locked in a December rate cut, payrolls data showed solid "headline" job growth of 227k in November, but notably weaker trends under the surface. Posting gains for a third straight week to extend its post-election rally to around 7%, the S&P 500 advanced another 0.9% this week - pacing for its best year since 2019.
seekingalpha.com
- 1 month ago
DIAMONDROCK HOSPITALITY RECEIVES NAREIT'S 2024 LEADER IN THE LIGHT AWARD AND IS RECOGNIZED AS A SECTOR LEADER BY GRESB FOR THE FIFTH CONSECUTIVE YEAR
BETHESDA, Md. , Dec. 2, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today it is the recipient of the National Association of Real Estate Investment Trusts' ("Nareit") 2024 Leader in the Light Award for the lodging and resorts sector.
prnewswire.com
- 1 month ago
DIAMONDROCK HOSPITALITY ACQUIRES THE AC HOTEL MINNEAPOLIS DOWNTOWN
BETHESDA, Md. , Nov. 15, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced it has acquired the fee simple interest in the 245-room AC Hotel Minneapolis Downtown (the "Hotel") for $30 million, or approximately $122,000 per key with cash on hand.
prnewswire.com
- 2 months ago
DiamondRock Hospitality Company (DRH) Q3 2024 Earnings Conference Call Transcript
DiamondRock Hospitality Company (NYSE:DRH ) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Briony Quinn - CFO Jeff Donnelly - CEO Justin Leonard - President and COO Conference Call Participants Dori Kesten - Wells Fargo Securities Austin Wurschmidt - KeyBanc Capital Markets Smedes Rose - Citi Duane Pfennigwerth - Evercore ISI Chris Woronka - Deutsche Bank Michael Bellisario - Baird Chris Darling - Green Street Advisors Operator Good day and thank you for standing by. Welcome to the DiamondRock Hospitality Company Third Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 2 months ago
DiamondRock Hospitality (DRH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for DiamondRock Hospitality (DRH) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 2 months ago
DiamondRock Hospitality (DRH) Q3 FFO Match Estimates
DiamondRock Hospitality (DRH) came out with quarterly funds from operations (FFO) of $0.26 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.26 per share a year ago.
zacks.com
- 2 months ago
DIAMONDROCK HOSPITALITY COMPANY REPORTS THIRD QUARTER 2024 RESULTS
BETHESDA, Md. , Nov. 7, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging real estate investment trust that owns a portfolio of 36 premium hotels and resorts in the United States, today announced results of operations for the quarter ended September 30, 2024.
prnewswire.com
- 2 months ago
DiamondRock Hospitality: Wait For A Dip In The 8.25% Preferred Shares
DiamondRock Hospitality's preferred dividends are well covered, with less than 5% of pre-dividend AFFO needed, and a strong balance sheet with $1.5B in common equity. The preferred shares, trading at a 4% premium, offer a 3.08% return over 10.5 months, lower than a 1-year US Treasury Bill. If preferred shares are called in August 2025, selling now is advisable due to low returns. Holding is better if you expect them to be called later.
seekingalpha.com
- 2 months ago
FMR LLC's Strategic Reduction in Diamondrock Hospitality Co Holdings
On September 30, 2024, FMR LLC (Trades, Portfolio) executed a significant transaction involving the shares of Diamondrock Hospitality Co (DRH, Financial), a well-known player in the REITs industry. The firm reduced its holdings by 12,399,040 shares, which resulted in a decrease of 99.90% from its previous position.
gurufocus.com
- 3 months ago
DIAMONDROCK HOSPITALITY ANNOUNCES THIRD QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL
BETHESDA, Md. , Sept. 4, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the third quarter 2024 after the market closes on Thursday, November 7, 2024.
prnewswire.com
- 4 months ago
8. Profile
Summary
DiamondRock Hospitality Company DRH
COUNTRY
US
INDUSTRY
REIT - Hotel & Motel
MARKET CAP
$ 1.85 B
Dividend Yield
0.49%
Description
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.
Contact
2 Bethesda Metro Center, Bethesda, MD, 20814
https://www.drhc.com
IPO
Date
May 26, 2005
Employees
33
Officers
Mr. Dustin Resnick
Vice President of Acquisitions and Investments
Mr. Justin L. Leonard
Executive Vice President of Asset Management, Chief Operating Officer & President
Ms. Anika C. Fischer
Senior Vice President, General Counsel & Corporate Secretary
Mr. Stephen Spierto
Chief Accounting Officer
Ms. Briony R. Quinn CPA
Executive Vice President, Chief Financial Officer & Treasurer
Mr. Jeffrey John Donnelly C.F.A.
Chief Executive Officer & Director