DRH - DiamondRock Hospitality Co Stock Price, Fair Value and News

8.99USD-0.32 (-3.44%)Market Closed

Market Summary

USD8.99-0.32

Market Closed

-3.44%

DRH Stock Price

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DRH RSI Chart

DRH Valuation

Market Cap

1.9B

Price/Earnings (Trailing)

21.8

Price/Sales (Trailing)

1.75

EV/EBITDA

19.34

Price/Free Cashflow

7.93

DRH Price/Sales (Trailing)

DRH Profitability

EBT Margin

8.09%

Return on Equity

5.26%

Return on Assets

2.67%

Free Cashflow Yield

12.61%

DRH Fundamentals

DRH Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

3.33%

Rev. Growth (Qtr)

-4.69%

DRH Earnings

Earnings (TTM)

86.4M

Earnings Growth (Yr)

-40.47%

Earnings Growth (Qtr)

-60.23%

Breaking Down DRH Revenue

Last 7 days

-6.6%

Last 30 days

-4.2%

Last 90 days

-2.2%

Trailing 12 Months

7.9%

How does DRH drawdown profile look like?

DRH Financial Health

Debt/Equity

0.72

Debt/Cashflow

0.2

DRH Investor Care

Dividend Yield

1.33%

Dividend/Share (TTM)

0.12

Shares Dilution (1Y)

0.04%

Diluted EPS (TTM)

0.36

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	1.0B	1.1B	1.1B	1.1B
2022	691.0M	847.6M	936.4M	1.0B
2021	202.4M	306.8M	436.2M	567.1M
2020	905.7M	668.2M	478.0M	299.5M
2019	884.5M	904.5M	924.0M	938.1M
2018	855.3M	850.0M	847.3M	863.7M
2017	879.7M	866.3M	869.6M	870.0M
2016	935.1M	942.0M	923.7M	896.6M
2015	891.7M	911.5M	920.8M	931.0M
2014	813.9M	825.8M	850.7M	872.9M
2013	789.3M	831.7M	857.5M	799.7M
2012	634.4M	664.0M	685.8M	726.9M
2011	546.4M	560.5M	584.9M	622.2M
2010	469.2M	457.5M	452.2M	539.3M
2009	0	626.7M	560.2M	493.6M
2008	0	0	0	693.2M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of DiamondRock Hospitality Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 27, 2024	furbay troy	sold (taxes)	-386,974	9.18	-42,154	evp & chief investment officer
Feb 27, 2024	brugger mark w	sold (taxes)	-1,398,660	9.18	-152,360	president and ceo
Feb 27, 2024	brugger mark w	sold (taxes)	-1,341,850	9.18	-146,171	president and ceo
Feb 27, 2024	donnelly jeffrey	sold (taxes)	-480,041	9.18	-52,292	evp & chief financial officer
Feb 27, 2024	donnelly jeffrey	sold (taxes)	-507,259	9.18	-55,257	evp & chief financial officer
Feb 27, 2024	tennis william j	sold (taxes)	-345,453	9.18	-37,631	evp & general counsel
Feb 27, 2024	brugger mark w	acquired	-	-	157,347	president and ceo
Feb 27, 2024	tennis william j	sold (taxes)	-364,079	9.18	-39,660	evp & general counsel
Feb 27, 2024	furbay troy	acquired	-	-	47,205	evp & chief investment officer
Feb 27, 2024	donnelly jeffrey	acquired	-	-	49,827	evp & chief financial officer

Which funds bought or sold DRH recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 15, 2024	Hazelview Securities Inc.	reduced	-86.61	-527,715	83,952	0.02%
Apr 15, 2024	Vert Asset Management LLC	unchanged	-	19,205	838,943	0.35%
Apr 10, 2024	SOA Wealth Advisors, LLC.	unchanged	-	46.00	1,980	-%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	added	31.17	1,186	4,651	-%
Apr 09, 2024	Rise Advisors, LLC	new	-	10,600	10,600	0.01%
Apr 05, 2024	CWM, LLC	reduced	-7.38	-1,000	24,000	-%
Apr 05, 2024	GAMMA Investing LLC	added	151	3,036	4,882	-%
Apr 05, 2024	FIRST HAWAIIAN BANK	unchanged	-	7,803	340,857	0.01%
Apr 03, 2024	Versant Capital Management, Inc	unchanged	-	431	18,788	-%
Apr 01, 2024	CANANDAIGUA NATIONAL BANK & TRUST CO	reduced	-5.77	-4,913	132,810	0.02%

Are Funds Buying or Selling DRH?

Are funds buying DRH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DRH

No. of Funds

Unveiling DiamondRock Hospitality Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	16.81%	35,228,170	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 30, 2024	state street corp	6.46%	13,544,713	SC 13G/A
Jan 19, 2024	blackrock inc.	18.6%	38,969,311	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	17.85%	37,366,640	SC 13G/A
Feb 01, 2023	state street corp	6.60%	13,816,790	SC 13G/A
Jan 26, 2023	blackrock inc.	19.3%	40,344,471	SC 13G/A
Jan 20, 2023	blackrock inc.	19.3%	40,344,471	SC 13G
Feb 10, 2022	state street corp	5.69%	11,990,109	SC 13G/A

Recent SEC filings of DiamondRock Hospitality Co

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	8-K	Current Report
Apr 15, 2024	DEFA14A	DEFA14A
Mar 28, 2024	ARS	ARS
Mar 28, 2024	DEF 14A	DEF 14A
Mar 25, 2024	8-K	Current Report
Feb 29, 2024	4/A	Insider Trading
Feb 29, 2024	4	Insider Trading
Feb 29, 2024	4	Insider Trading
Feb 29, 2024	4	Insider Trading
Feb 29, 2024	4	Insider Trading

Peers (Alternatives to DiamondRock Hospitality Co)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	80.3B	11.1B	-12.74%	-17.55%	58.74	7.21	4.04%	-19.43%
CCI	40.8B	7.0B	-11.16%	-28.91%	27.17	5.84	-0.07%	-10.36%
AVB	25.4B	2.8B	-2.64%	2.84%	27.37	9.18	6.73%	-18.30%
ARE	20.1B	2.9B	-5.50%	-5.37%	193.97	6.97	11.46%	-80.13%
AMH	12.6B	1.6B	-4.41%	4.68%	29.05	7.81	7.80%	39.39%
REG	10.5B	1.3B	-3.55%	-5.82%	28.85	7.95	8.04%	-24.50%
BXP	9.1B	3.3B	-7.43%	9.20%	47.83	2.78	5.31%	-77.32%
MID-CAP
FRT	8.0B	1.1B	-2.65%	-1.41%	33.79	7.07	5.38%	-38.52%
MAC	3.4B	884.1M	-2.05%	57.21%	-12.44	3.86	2.90%	-314.82%
SLG	3.1B	899.4M	-4.37%	105.86%	-5.54	3.48	-0.45%	-623.11%
SMALL-CAP
AAT	1.2B	441.2M	-3.87%	11.51%	19.16	2.81	4.38%	15.77%
AIV	1.1B	198.2M	4.97%	0.64%	-7.19	5.71	-43.33%	-270.70%
MFA	1.0B	605.6M	-9.86%	0.10%	13.04	1.73	25.53%	134.62%
NYMT	613.1M	258.7M	-6.80%	-33.92%	-12.6	2.37	0.11%	83.70%
IVR	392.5M	277.9M	-11.76%	-23.30%	-24.75	1.41	44.33%	96.06%

DiamondRock Hospitality Co News

Latest updates

DiamondRock Hospitality Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-4.7%	264	277	291	244	255	268	281	197	190	179	125	73.00	59.00	50.00	20.00	170	238	240	258	202	223
Costs and Expenses	1.4%	237	234	237	218	219	220	218	182	184	169	136	235	278	112	89.00	190	75.00	211	212	186	189
S&GA Expenses	11.2%	8.00	8.00	8.00	8.00	10.00	8.00	9.00	6.00	9.00	8.00	8.00	7.00	8.00	7.00	7.00	6.00	7.00	6.00	7.00	7.00	6.00
EBITDA Margin	-5.9%	0.14*	0.15*	0.25*	0.26*	0.27*	0.25*	0.25*	0.20*	-0.07*	-0.61*	-1.10*	-1.95*	-	-	-	-	-	-	-	-	-
Interest Expenses	2.4%	16.00	16.00	16.00	17.00	15.00	9.00	10.00	4.00	8.00	10.00	11.00	8.00	10.00	11.00	12.00	21.00	8.00	14.00	12.00	12.00	11.00
Income Taxes	-146.0%	-0.10	0.00	0.00	-0.23	2.00	0.00	1.00	-0.05	2.00	2.00	-2.55	2.00	-20.60	7.00	-6.61	-6.44	20.00	1.00	5.00	-3.85	0.00
Earnings Before Taxes	-60.5%	11.00	28.00	40.00	9.00	20.00	29.00	53.00	10.00	-1.11	1.00	-21.67	-169	-228	-72.43	-80.00	-41.13	155	13.00	34.00	5.00	24.00
EBT Margin	-10.3%	0.08*	0.09*	0.09*	0.11*	0.11*	0.10*	0.07*	-0.02*	-0.34*	-0.96*	-1.61*	-2.72*	-	-	-	-	-	-	-	-	-
Net Income	-60.2%	11.00	27.00	39.00	9.00	18.00	28.00	53.00	10.00	-2.54	-1.76	-19.12	-171	-208	-79.59	-73.39	-34.69	135	12.00	29.00	9.00	24.00
Net Income Margin	-8.6%	0.08*	0.09*	0.09*	0.10*	0.11*	0.09*	0.07*	-0.02*	-0.34*	-0.92*	-1.56*	-2.63*	-	-	-	-	-	-	-	-	-
Free Cashflow	-24.7%	53.00	70.00	56.00	58.00	48.00	83.00	62.00	13.00	20.00	14.00	-1.48	-34.94	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.5%	3,239	3,256	3,225	3,184	3,208	3,386	3,145	3,089	2,965	2,872	2,869	2,994	3,147	3,354	3,338	3,671	3,426	3,315	3,295	3,241	3,198
Cash Equivalents	18.4%	122	103	99.00	77.00	68.00	360	114	80.00	76.00	98.00	220	124	135	142	124	435	180	76.00	89.00	83.00	92.00
Net PPE	-0.4%	2,755	2,766	2,740	2,743	2,748	2,674	2,689	2,659	2,651	2,544	2,440	2,677	2,817	3,014	3,030	3,047	3,027	3,008	2,979	2,942	2,945
Liabilities	-1.0%	1,590	1,606	1,595	1,588	1,611	1,783	1,563	1,560	1,444	1,347	1,343	1,449	1,428	1,512	1,532	1,794	1,505	1,505	1,470	1,411	1,307
Long Term Debt	-0.2%	1,177	1,179	1,181	1,184	1,186	1,366	1,170	1,174	1,067	983	986	1,090	1,049	1,100	1,152	1,412	1,090	1,094	1,077	1,035	978
Shareholder's Equity	-0.1%	1,642	1,644	1,630	1,595	1,590	1,603	1,582	1,529	1,521	1,524	1,526	1,545	1,719	1,842	1,807	1,877	1,921	1,810	1,826	1,830	1,891
Retained Earnings	0.3%	-649	-651	-670	-700	-700	-703	-723	-773	-780	-775	-771	-749	-576	-366	-286	-213	-178	-287	-273	-277	-245
Additional Paid-In Capital	0.1%	2,291	2,290	2,287	2,287	2,288	2,299	2,297	2,294	2,294	2,292	2,288	2,286	2,285	2,198	2,083	2,080	2,089	2,088	2,090	2,098	2,126
Shares Outstanding	0%	210	210	210	210	209	211	211	211	212	211	210	210	-	-	-	-	-	-	-	-	-
Minority Interest	3.3%	7.00	7.00	7.00	6.00	6.00	6.00	6.00	6.00	6.00	5.00	8.00	7.00	8.00	8.00	8.00	8.00	9.00	8.00	8.00	8.00	8.00
Float	-	-	-	1,700	-	-	-	1,700	-	-	-	2,000	-	-	-	1,100	-	-	-	2,100	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-24.7%	52,878	70,262	56,355	58,069	48,214	82,540	62,331	13,154	20,030	14,091	-1,484	-34,944	-28,983	-34,563	-30,403	10,263	57,581	54,806	59,040	21,862	67,626
Share Based Compensation	0.9%	2,031	2,013	2,760	1,967	1,937	1,925	2,767	1,160	2,092	2,085	2,784	1,783	1,689	1,638	2,337	1,561	1,503	1,223	2,205	1,454	1,469
Cashflow From Investing	60.6%	-19,670	-49,919	-29,615	-21,642	-98,827	-16,557	-22,346	-110,869	-123,996	-129,632	203,385	-11,956	-9,823	-8,709	-20,746	-39,695	75,073	-51,515	-58,999	-30,289	-175,040
Cashflow From Financing	-0.7%	-11,277	-11,194	-13,191	-21,063	-202,069	179,810	-6,381	102,671	81,641	-6,255	-106,220	36,001	31,619	61,109	-259,552	284,537	-29,164	-16,454	6,046	207	-13,266
Dividend Payments	0.0%	6,378	6,375	6,383	12,773	6,411	-	-	10.00	-	1.00	1.00	117	-	-	-	25,557	25,301	25,193	25,448	26,110	26,189
Buy Backs	-	-	-	2,014	409	12,287	-	-	-	-	-	-	-	-	-	-	10,000	-500*	2,799	10,032	29,998	32,182

DRH Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Total revenues	$ 1,074,867	$ 1,001,503	$ 567,134
Operating expenses:
Depreciation and amortization	111,302	108,849	102,963
Impairment losses	941	2,843	126,697
Corporate expenses	32,048	31,790	32,552
Business interruption insurance income	(647)	(499)	(705)
Total operating expenses, net	925,404	839,738	723,176
Interest expense	65,072	38,283	37,043
Interest (income) and other (income) expense, net	(2,561)	1,404	(947)
Loss on early extinguishment of debt	0	9,766	0
Total other expenses, net	62,511	49,453	36,096
Income (loss) before income taxes	86,952	112,312	(192,138)
Income tax expense	(317)	(2,607)	(3,267)
Net income (loss)	86,635	109,705	(195,405)
Less: Net (income) loss attributable to noncontrolling interests	(295)	(377)	821
Net income (loss) attributable to the Company	86,340	109,328	(194,584)
Distributions to preferred stockholders	(9,817)	(9,817)	(9,817)
Net income (loss) attributable to common stockholders	$ 76,523	$ 99,511	$ (204,401)
Earnings (loss) earnings per share:
Earnings (loss) per share available to common stockholders—basic (in dollars per share)	$ 0.36	$ 0.47	$ (0.96)
Earnings (loss) per share available to common stockholders—diluted (in dollars per share)	$ 0.36	$ 0.47	$ (0.96)
Weighted-average number of common shares outstanding:
Basic (in shares)	211,518,826	212,423,873	212,056,923
Diluted (in shares)	212,304,117	213,188,987	212,056,923
Comprehensive income (loss):
Net (loss) income	$ 86,635	$ 109,705	$ (195,405)
Other comprehensive income (loss):
Unrealized (loss) on interest rate derivative instruments	(2,634)	0	0
Unrealized gain on Rabbi trust assets	591	0	0
Comprehensive income (loss)	84,592	109,705	(195,405)
Comprehensive (income) loss attributable to noncontrolling interests	(288)	(377)	821
Comprehensive income (loss) attributable to the Company	84,304	109,328	(194,584)
Rooms
Revenues:
Total revenues	717,447	681,269	399,055
Operating expenses:
Operating expenses	176,765	163,062	102,183
Food and beverage
Revenues:
Total revenues	259,757	238,234	117,742
Operating expenses:
Operating expenses	180,546	163,622	89,795
Other
Revenues:
Total revenues	97,663	82,000	50,337
Operating expenses:
Operating expenses	261,536	233,691	158,014
Management fees
Operating expenses:
Operating expenses	24,998	23,439	10,208
Franchise fees
Operating expenses:
Operating expenses	35,738	32,683	18,665
Other property-level expenses
Operating expenses:
Operating expenses	$ 102,177	$ 80,258	$ 82,804

DRH Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Property and equipment, net	$ 2,755,195	$ 2,748,476
Right-of-use assets	97,692	99,047
Restricted cash	45,576	39,614
Due from hotel managers	144,689	176,708
Prepaid and other assets	73,940	76,131
Cash and cash equivalents	121,595	67,564
Total assets	3,238,687	3,207,540
Liabilities:
Debt, net of unamortized debt issuance costs	1,177,005	1,185,793
Lease liabilities	112,866	110,875
Due to hotel managers	116,522	123,682
Deferred rent	69,209	65,097
Unfavorable contract liabilities, net	59,866	61,069
Accounts payable and accrued expenses	39,563	43,120
Distributions declared and unpaid	6,324	12,946
Deferred income related to key money, net	8,349	8,780
Total liabilities	1,589,704	1,611,362
Equity:
Preferred stock, $0.01 par value; 10,000,000 shares authorized: 8.250% Series A Cumulative Redeemable Preferred Stock (liquidation preference $25.00 per share), 4,760,000 shares issued and outstanding at December 31, 2023 and 2022	48	48
Common stock, $0.01 par value; 400,000,000 shares authorized; 209,627,197 and 209,374,830 shares issued and outstanding at December 31, 2023 and 2022, respectively	2,096	2,094
Additional paid-in capital	2,291,297	2,288,433
Accumulated other comprehensive loss	(2,036)	0
Distributions in excess of earnings	(649,330)	(700,694)
Total stockholders' equity	1,642,075	1,589,881
Noncontrolling interests	6,908	6,297
Total equity	1,648,983	1,596,178
Total liabilities and equity	$ 3,238,687	$ 3,207,540

About DiamondRock Hospitality Co

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 leisure destinations and top gateway markets. The Company currently owns 36 premium quality hotels with over 9,700 rooms. The Company has strategically positioned its portfolio to be operated both under leading global brand families as well as independent boutique hotels in the lifestyle segment.

CEO	Mr. Mark W. Brugger
WEBSITE	drhc.com
INDUSTRY	REIT Mortgage
EMPLOYEES	30

DiamondRock Hospitality Co Frequently Asked Questions

What is the ticker symbol for DiamondRock Hospitality Co? What does DRH stand for in stocks?

DRH is the stock ticker symbol of DiamondRock Hospitality Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of DiamondRock Hospitality Co (DRH)?

As of Tue Apr 16 2024, market cap of DiamondRock Hospitality Co is 1.88 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DRH stock?

You can check DRH's fair value in chart for subscribers.

What is the fair value of DRH stock?

You can check DRH's fair value in chart for subscribers. The fair value of DiamondRock Hospitality Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of DiamondRock Hospitality Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DRH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is DiamondRock Hospitality Co a good stock to buy?

The fair value guage provides a quick view whether DRH is over valued or under valued. Whether DiamondRock Hospitality Co is cheap or expensive depends on the assumptions which impact DiamondRock Hospitality Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DRH.

What is DiamondRock Hospitality Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, DRH's PE ratio (Price to Earnings) is 21.8 and Price to Sales (PS) ratio is 1.75. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DRH PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on DiamondRock Hospitality Co's stock?

In the past 10 years, DiamondRock Hospitality Co has provided -0.004 (multiply by 100 for percentage) rate of return.