DiamondRock Hospitality (NYSE:DRH) Releases FY 2026 Earnings Guidance

DiamondRock Hospitality (NYSE:DRH) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.180-1.230 for the period, compared to the consensus EPS estimate of 1.090. The company issued revenue guidance of -.

DiamondRock Hospitality Trading Down 1.8%

Shares of NYSE:DRH traded down $0.23 during mid-day trading on Thursday, hitting $12.91. The company had a trading volume of 2,564,002 shares, compared to its average volume of 2,328,178. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.64 and a quick ratio of 1.64. DiamondRock Hospitality has a one year low of $7.45 and a one year high of $13.24. The firm has a fifty day moving average price of $12.00 and a 200 day moving average price of $10.60. The company has a market capitalization of $2.64 billion, a PE ratio of 51.64, a price-to-earnings-growth ratio of 4.50 and a beta of 0.98.

DiamondRock Hospitality (NYSE:DRH) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.22. DiamondRock Hospitality had a net margin of 5.69% and a return on equity of 4.04%. The business’s revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.35 EPS. DiamondRock Hospitality has set its FY 2026 guidance at 1.180-1.230 EPS. As a group, research analysts forecast that DiamondRock Hospitality will post 0.96 EPS for the current year.

Analyst Ratings Changes

DRH has been the subject of several research reports. Stifel Nicolaus set a $12.25 target price on DiamondRock Hospitality in a research note on Thursday, June 4th. Wells Fargo & Company upped their price target on DiamondRock Hospitality from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Bank of America increased their price target on DiamondRock Hospitality from $12.50 to $13.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Truist Financial raised their price objective on DiamondRock Hospitality from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Finally, LADENBURG THALM/SH SH raised their price objective on DiamondRock Hospitality from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, DiamondRock Hospitality presently has a consensus rating of “Hold” and an average target price of $12.12.

Insiders Place Their Bets

In other news, Director Kathleen Merrill sold 20,000 shares of DiamondRock Hospitality stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $11.88, for a total transaction of $237,600.00. Following the completion of the transaction, the director directly owned 84,335 shares in the company, valued at $1,001,899.80. This trade represents a 19.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael A. Hartmeier sold 20,000 shares of DiamondRock Hospitality stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $10.46, for a total transaction of $209,200.00. Following the transaction, the director owned 95,354 shares of the company’s stock, valued at $997,402.84. This represents a 17.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.90% of the stock is currently owned by company insiders.

Institutional Trading of DiamondRock Hospitality

Institutional investors and hedge funds have recently modified their holdings of the stock. Entropy Technologies LP raised its position in DiamondRock Hospitality by 88.0% in the 3rd quarter. Entropy Technologies LP now owns 32,900 shares of the real estate investment trust’s stock valued at $262,000 after buying an additional 15,400 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in DiamondRock Hospitality by 567.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 30,478 shares of the real estate investment trust’s stock valued at $233,000 after acquiring an additional 25,912 shares in the last quarter. State of Wyoming boosted its holdings in DiamondRock Hospitality by 9.0% during the 4th quarter. State of Wyoming now owns 24,658 shares of the real estate investment trust’s stock worth $221,000 after acquiring an additional 2,044 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in DiamondRock Hospitality by 29.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 19,232 shares of the real estate investment trust’s stock worth $177,000 after acquiring an additional 4,398 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of DiamondRock Hospitality in the 3rd quarter worth $175,000.

DiamondRock Hospitality Company Profile

DiamondRock Hospitality Company is a real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of upscale, full-service hotels in urban gateway markets across the United States. Established in 2004 and headquartered in Bethesda, Maryland, the company focuses on investing in high-quality lodging properties that cater to both business and leisure travelers. Its assets are positioned in key metropolitan areas, enabling DiamondRock to benefit from strong demand drivers such as corporate travel, group conventions and resort leisure stays.

The company’s portfolio includes full-service hotels offering a broad range of amenities, including guest rooms, on-site food and beverage outlets, meeting and event space, fitness centers and spa services.