Diamondrock Hospitality Stock Today

DRH Stock  USD 9.61  0.01  0.10%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 1

 
100  
 
Zero
Very Small
Diamondrock Hospitality is trading at 9.61 as of the 28th of March 2024. This is a -0.1 percent decrease since the beginning of the trading day. The stock's open price was 9.62. Diamondrock Hospitality has a very small chance of experiencing financial distress in the next few years but had a somewhat weak 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 27th of February 2024 and ending today, the 28th of March 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 209.63 M outstanding shares of which 15.65 M shares are currently shorted by investors with about 9.42 days to cover. More on Diamondrock Hospitality

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Diamondrock Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Diamondrock Hospitality's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Diamondrock Hospitality or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOMark Brugger
Business ConcentrationHotel & Resort REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Small-Cap 600, Real Estate, Diversified REITs, REIT—Hotel & Motel, Real Estate (View all Sectors)
Average Analyst Recommendation
Analysts covering Diamondrock Hospitality report their recommendations after researching Diamondrock Hospitality's financial statements, talking to executives and customers, or listening in on Diamondrock Hospitality's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Diamondrock Hospitality. The Diamondrock consensus assessment is calculated by taking the average forecast from all of the analysts covering Diamondrock Hospitality.
Financial Strength
Based on the key measurements obtained from Diamondrock Hospitality's financial statements, Diamondrock Hospitality is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Diamondrock Hospitality is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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
Diamondrock Hospitality's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Diamondrock Hospitality's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to 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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Diamondrock Hospitality's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Diamondrock Hospitality deploys its capital and how much of that capital is borrowed.
Liquidity
Diamondrock Hospitality cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company 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. Debt can assist Diamondrock Hospitality until it has trouble settling it off, either with new capital or with free cash flow. So, Diamondrock Hospitality's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Diamondrock Hospitality sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Diamondrock to invest in growth at high rates of return. When we think about Diamondrock Hospitality's use of debt, we should always consider it together with cash and equity.

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 1.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Diamondrock Hospitality's market, we take the total number of its shares issued and multiply it by Diamondrock Hospitality's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Diamondrock Hospitality runs under Diversified REITs sector within Real Estate industry. The entity has 209.63 M outstanding shares of which 15.65 M shares are currently shorted by investors with about 9.42 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
Diamondrock Hospitality retains a total of 209.63 Million outstanding shares. 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Diamondrock Ownership Details

Diamondrock Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Diamondrock Hospitality jumping above the current price in 90 days from now is about 6.68%. The Diamondrock Hospitality probability density function shows the probability of Diamondrock Hospitality stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.7336 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Diamondrock Hospitality will likely underperform. Additionally, diamondrock Hospitality has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 9.61HorizonTargetOdds Above 9.61
93.11%90 days
 9.61 
6.68%
Based on a normal probability distribution, the odds of Diamondrock Hospitality to move above the current price in 90 days from now is about 6.68 (This Diamondrock Hospitality probability density function shows the probability of Diamondrock Stock to fall within a particular range of prices over 90 days) .

Diamondrock Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Diamondrock Hospitality that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Diamondrock Hospitality's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Diamondrock Hospitality's value.
InstituionRecorded OnShares
Goldman Sachs Group Inc2023-12-31
4.5 M
Charles Schwab Investment Management Inc2023-12-31
4.5 M
Centersquare Investment Management Llc2023-12-31
4.5 M
Dimensional Fund Advisors, Inc.2023-12-31
M
Northern Trust Corp2023-12-31
M
H/2 Credit Manager Lp2023-12-31
2.7 M
Victory Capital Management Inc.2023-12-31
2.6 M
Van Lanschot Kempen Investment Management Nv2023-12-31
2.3 M
Bank Of New York Mellon Corp2023-12-31
2.1 M
Blackrock Inc2023-12-31
39 M
Vanguard Group Inc2023-12-31
35.2 M
View Diamondrock Hospitality Diagnostics

Diamondrock Hospitality Historical Income Statement

Diamondrock Hospitality Income Statement is one of the three primary financial statements used for reporting Diamondrock's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Diamondrock Hospitality revenue and expense. Diamondrock Hospitality Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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 Depreciation And Amortization is projected to decrease to under 97.1 M. View More Fundamentals

Diamondrock Stock Against Markets

Picking the right benchmark for Diamondrock Hospitality stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Diamondrock Hospitality stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Diamondrock Hospitality is critical whether you are bullish or bearish towards Diamondrock Hospitality at a given time. Please also check how Diamondrock Hospitality's historical prices are related to one of the top price index indicators.

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Our tools can tell you how much better you can do entering a position in Diamondrock Hospitality without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Diamondrock Hospitality Corporate Directors

Diamondrock Hospitality corporate directors refer to members of a Diamondrock Hospitality board of directors. The board of directors generally takes responsibility for the Diamondrock Hospitality's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Diamondrock Hospitality's board members must vote for the resolution. The Diamondrock Hospitality board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
William ShawIndependent DirectorProfile
Tabassum ZalotrawalaIndependent DirectorProfile
Michael HartmeierIndependent DirectorProfile
Timothy ChiIndependent DirectorProfile

How to buy Diamondrock Stock?

Before investing in Diamondrock Hospitality, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Diamondrock Hospitality. To buy Diamondrock Hospitality stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Diamondrock Hospitality. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Diamondrock Hospitality stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Diamondrock Hospitality stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Diamondrock Hospitality stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Diamondrock Hospitality, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.

Already Invested in Diamondrock Hospitality?

The danger of trading Diamondrock Hospitality is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Diamondrock Hospitality is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Diamondrock Hospitality. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Diamondrock Hospitality is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Diamondrock Hospitality's price analysis, check to measure Diamondrock Hospitality's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamondrock Hospitality is operating at the current time. Most of Diamondrock Hospitality's value examination focuses on studying past and present price action to predict the probability of Diamondrock Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamondrock Hospitality's price. Additionally, you may evaluate how the addition of Diamondrock Hospitality to your portfolios can decrease your overall portfolio volatility.
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Is Diamondrock Hospitality's industry 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
(0.47)
Dividend Share
0.12
Earnings Share
0.36
Revenue Per Share
5.082
Quarterly Revenue Growth
0.033
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.