Many Diamondrock Hospitality Company(DRH) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. DiamondRock Hospitality Company was Initiated by Instinet on Dec 14, 2016 to Neutral, Price Target of the shares are set at $12.
Company has reported several Insider transactions to the SEC, on Dec 13, 2016, Sean M Mahoney (EVP & Chief Financial Officer) sold 30,000 shares at 11.45 per share price.On Mar 26, 2015, William J Tennis (EVP & General Counsel) sold 100 shares at 14.95 per share price.
DiamondRock Hospitality Company Last issued its quarterly earnings results on Nov 9, 2016. The company reported $0.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.25. The company had revenue of $220.20 million for the quarter, compared to analysts expectations of $224.63 million. The companys revenue was down -7.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.26 EPS.
Diamondrock Hospitality Company (NYSE:DRH) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.66 by 11 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 6 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.
Diamondrock Hospitality Company (NYSE:DRH): The stock price is expected to reach $ 10.5 in the short term. The number of analysts agreeing with this consensus is 8. The higher estimate for the short term price target is at $12 while the lower estimate is at $10. The standard deviation of the price stands at $0.89.
Diamondrock Hospitality Company (NYSE:DRH) rose 0.61% or 0.07 points on Tuesday and made its way into the gainers of the day. After trading began at $11.34 the stock was seen hitting $11.51 as a peak level and $11.255 as the lowest level. The stock ended up at $11.48. The daily volume was measured at 2,518,572 shares. The 52-week high of the share price is $12 and the 52-week low is $8.18. The company has a market cap of $2,300 million.
DiamondRock Hospitality Company is a self-advised real estate company that owns, acquires and invests in upper upscale and upscale hotel properties located primarily in North America. To a lesser extent, it may invest, on a selective basis, in premium limited-service and extended-stay hotel properties in urban locations. The Company has a strategic acquisition sourcing relationship with Marriott International.