Diamondrock Hospitality Stock Today

DRH Stock  USD 9.28  0.08  0.87%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Diamondrock Hospitality is trading at 9.28 as of the 1st of December 2024. This is a 0.87% up since the beginning of the trading day. The stock's open price was 9.2. Diamondrock Hospitality has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Diamondrock Hospitality are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
26th of May 2005
Category
Real Estate
DiamondRock Hospitality Company is a self-advised real estate investment trust that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. 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. The company has 207.59 M outstanding shares of which 18.12 M shares are currently shorted by investors with about 12.04 days to cover. More on Diamondrock Hospitality

Moving together with Diamondrock Stock

  0.72PK Park Hotels Resorts Sell-off TrendPairCorr

Moving against Diamondrock Stock

  0.53STAG STAG IndustrialPairCorr
  0.51NNN National Retail PropPairCorr
  0.5O Realty IncomePairCorr
  0.47FR First Industrial RealtyPairCorr
  0.44WPC W P CareyPairCorr
  0.36NHI National Health InvestorsPairCorr

Diamondrock Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOMark Brugger
Old NameDRH Holdings JSC
Business ConcentrationHotel & Resort REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Small-Cap 600, VN Index, VN Small Cap, VN All Shares, Real Estate, Diversified REITs, REIT—Hotel & Motel, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.20.3319
Way Down
Pretty Stable
Total Current Liabilities7.9 M8.3 M
Notably Down
Very volatile
Non Current Liabilities Total1.1 B1.6 B
Way Down
Slightly volatile
Total Assets2.9 B3.2 B
Moderately Down
Slightly volatile
Total Current Assets115.5 M121.6 M
Notably Down
Slightly volatile
Debt Levels
Diamondrock Hospitality can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Diamondrock Hospitality's financial leverage. It provides some insight into what part of Diamondrock Hospitality's total assets is financed by creditors.
Liquidity
Diamondrock Hospitality has 1.29 B in debt with debt to equity (D/E) ratio of 0.81, which is OK given its current industry classification. Diamondrock Hospitality has a current ratio of 6.26, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Diamondrock to invest in growth at high rates of return.

Begin Period Cash Flow

94.04 Million
Diamondrock Hospitality (DRH) is traded on New York Stock Exchange in USA. It is located in 2 Bethesda Metro Center, Bethesda, MD, United States, 20814-6352 and employs 33 people. Diamondrock Hospitality is listed under Hotel & Resort REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.93 B. Diamondrock Hospitality runs under Diversified REITs sector within Real Estate industry. The entity has 207.59 M outstanding shares of which 18.12 M shares are currently shorted by investors with about 12.04 days to cover. Diamondrock Hospitality has about 67.56 M in cash with 237.56 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34.
Check Diamondrock Hospitality Probability Of Bankruptcy
Ownership Allocation
The majority of Diamondrock Hospitality outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Diamondrock Hospitality to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Diamondrock Hospitality. Please pay attention to any change in the institutional holdings of Diamondrock Hospitality as this could imply that something significant has changed or is about to change at the company.
Check Diamondrock Ownership Details

Diamondrock Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
4.5 M
Centersquare Investment Management Llc2024-09-30
4.4 M
Wellington Management Company Llp2024-06-30
4.3 M
Morgan Stanley - Brokerage Accounts2024-06-30
3.7 M
Dimensional Fund Advisors, Inc.2024-09-30
M
Northern Trust Corp2024-09-30
2.8 M
H/2 Credit Manager Lp2024-09-30
2.7 M
Victory Capital Management Inc.2024-09-30
2.6 M
Bank Of New York Mellon Corp2024-06-30
2.1 M
Blackrock Inc2024-06-30
38.2 M
Vanguard Group Inc2024-09-30
33.7 M
View Diamondrock Hospitality Diagnostics

Diamondrock Hospitality Historical Income Statement

As of now, Diamondrock Hospitality's Income Before Tax is decreasing as compared to previous years. The Diamondrock Hospitality's current Net Income is estimated to increase to about 90.7 M, while Interest Expense is projected to decrease to under 61.8 M. View More Fundamentals

Diamondrock Stock Against Markets

Diamondrock Hospitality Corporate Directors

Timothy ChiIndependent DirectorProfile
William ShawIndependent DirectorProfile
Kathleen WaytonIndependent DirectorProfile
Tabassum ZalotrawalaIndependent DirectorProfile
When determining whether Diamondrock Hospitality offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diamondrock Hospitality's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Diamondrock Hospitality Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diamondrock Hospitality Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondrock Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Hotel & Resort REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamondrock Hospitality. If investors know Diamondrock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamondrock Hospitality listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
0.12
Earnings Share
0.29
Revenue Per Share
5.283
Quarterly Revenue Growth
0.031
The market value of Diamondrock Hospitality is measured differently than its book value, which is the value of Diamondrock that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondrock Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Diamondrock Hospitality's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamondrock Hospitality's market value can be influenced by many factors that don't directly affect Diamondrock Hospitality's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamondrock Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondrock Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondrock Hospitality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.