DiamondRock Hospitality (DRH) to Release Quarterly Earnings on Monday

DiamondRock Hospitality (DRH) to Release Quarterly Earnings on Monday

DiamondRock Hospitality (NYSE:DRH) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, February 26th. Analysts expect the company to announce earnings of $0.09 per share for the quarter.

DiamondRock Hospitality (DRH) opened at $11.35 on Monday. DiamondRock Hospitality has a one year low of $10.43 and a one year high of $12.11. The company has a market cap of $2,273.46, a price-to-earnings ratio of 11.46, a price-to-earnings-growth ratio of 2.29 and a beta of 1.35. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.41 and a current ratio of 2.41.

Several analysts have recently weighed in on DRH shares. Zacks Investment Research downgraded DiamondRock Hospitality from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. KeyCorp reiterated a “hold” rating on shares of DiamondRock Hospitality in a research report on Tuesday, October 24th. TheStreet upgraded DiamondRock Hospitality from a “c+” rating to a “b-” rating in a research report on Friday, December 29th. Boenning Scattergood reiterated a “sell” rating and set a $10.00 target price on shares of DiamondRock Hospitality in a research report on Wednesday, November 8th. Finally, Evercore ISI upgraded DiamondRock Hospitality from an “in-line” rating to an “outperform” rating in a research report on Monday, December 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. DiamondRock Hospitality has an average rating of “Buy” and an average target price of $12.00.

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DiamondRock Hospitality Company Profile

DiamondRock Hospitality Company is a real estate investment trust (REIT). As of December 31, 2016, the Company owned a portfolio of 26 hotels and resorts that contains 9,472 guest rooms located in 17 different markets in North America and the United States Virgin Islands. Its business is to acquire, own, asset manage and renovate hotel properties in the United States.

Earnings History for DiamondRock Hospitality (NYSE:DRH)

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DiamondRock Hospitality (NYSE:DRH) will announce its earnings results after the market closes on Monday, February 26th. Analysts expect the company to announce earnings of $0.09 per share for the quarter.

Shares of DiamondRock Hospitality (DRH) opened at $11.35 on Monday. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.51. DiamondRock Hospitality has a fifty-two week low of $10.43 and a fifty-two week high of $12.11. The stock has a market cap of $2,273.46, a P/E ratio of 11.46, a price-to-earnings-growth ratio of 2.29 and a beta of 1.35.

DRH has been the subject of a number of recent research reports. KeyCorp reissued a “hold” rating on shares of DiamondRock Hospitality in a report on Tuesday, October 24th. Boenning Scattergood raised shares of DiamondRock Hospitality from an “under perform” rating to a “neutral” rating in a report on Friday, December 8th. Evercore ISI raised shares of DiamondRock Hospitality from an “in-line” rating to an “outperform” rating in a report on Monday, December 4th. Robert W. Baird reissued a “buy” rating and issued a $12.00 target price on shares of DiamondRock Hospitality in a report on Friday, November 10th. Finally, TheStreet lowered shares of DiamondRock Hospitality from a “b” rating to a “c+” rating in a report on Monday, November 6th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company’s stock. DiamondRock Hospitality has an average rating of “Buy” and an average price target of $12.00.

TRADEMARK VIOLATION WARNING: This story was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://www.dispatchtribunal.com/2018/02/19/diamondrock-hospitality-drh-to-release-quarterly-earnings-on-monday.html.

About DiamondRock Hospitality

DiamondRock Hospitality Company is a real estate investment trust (REIT). As of December 31, 2016, the Company owned a portfolio of 26 hotels and resorts that contains 9,472 guest rooms located in 17 different markets in North America and the United States Virgin Islands. Its business is to acquire, own, asset manage and renovate hotel properties in the United States.

Earnings History for DiamondRock Hospitality (NYSE:DRH)

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