Stifel Nicolaus Issues Positive Forecast for DiamondRock Hospitality (NYSE:DRH) Stock Price

DiamondRock Hospitality (NYSE:DRH) had its price target boosted by Stifel Nicolaus from $12.50 to $13.25 in a research report report published on Friday,Benzinga reports. They currently have a hold rating on the real estate investment trust’s stock.

Several other brokerages have also recently commented on DRH. LADENBURG THALM/SH SH raised their price target on shares of DiamondRock Hospitality from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Truist Financial upped their price objective on DiamondRock Hospitality from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Bank of America increased their price objective on DiamondRock Hospitality from $12.50 to $13.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Barclays lifted their target price on DiamondRock Hospitality from $10.00 to $12.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Finally, Wells Fargo & Company boosted their target price 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. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, DiamondRock Hospitality presently has an average rating of “Hold” and a consensus price target of $12.22.

DiamondRock Hospitality Stock Up 2.6%

Shares of DRH opened at $13.24 on Friday. The company’s 50-day simple moving average is $12.05 and its 200-day simple moving average is $10.62. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.64 and a current ratio of 1.64. DiamondRock Hospitality has a 1 year low of $7.45 and a 1 year high of $13.48. The stock has a market capitalization of $2.71 billion, a PE ratio of 52.96, a P/E/G ratio of 4.50 and a beta of 0.98.

DiamondRock Hospitality (NYSE:DRH) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.22. DiamondRock Hospitality had a net margin of 5.69% and a return on equity of 4.04%. The firm had revenue of $318.29 million during the quarter, compared to analysts’ expectations of $314.98 million. During the same quarter in the previous year, the business posted $0.35 earnings per share. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. DiamondRock Hospitality has set its FY 2026 guidance at 1.180-1.230 EPS. Analysts forecast that DiamondRock Hospitality will post 0.96 earnings per share for the current fiscal year.

DiamondRock Hospitality Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, September 30th. This is an increase from DiamondRock Hospitality’s previous quarterly dividend of $0.09. DiamondRock Hospitality’s dividend payout ratio (DPR) is currently 49.32%.

Insider Buying and Selling

In other DiamondRock Hospitality news, Director Michael A. Hartmeier sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $10.46, for a total transaction of $209,200.00. Following the sale, the director owned 95,354 shares of the company’s stock, valued at approximately $997,402.84. This trade represents a 17.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kathleen Merrill sold 20,000 shares of the business’s stock in a transaction on 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 sale, the director directly owned 84,335 shares of the company’s stock, valued at approximately $1,001,899.80. This trade represents a 19.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On DiamondRock Hospitality

A number of hedge funds have recently modified their holdings of DRH. First Horizon Corp increased its holdings in shares of DiamondRock Hospitality by 54.9% in the 4th quarter. First Horizon Corp now owns 3,214 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 1,139 shares during the period. ProShare Advisors LLC grew its position in DiamondRock Hospitality by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 40,041 shares of the real estate investment trust’s stock worth $359,000 after purchasing an additional 1,203 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in DiamondRock Hospitality by 32.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,990 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 1,470 shares during the period. EverSource Wealth Advisors LLC increased its stake in DiamondRock Hospitality by 77.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,436 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 1,498 shares during the period. Finally, Gallacher Capital Management LLC raised its holdings in shares of DiamondRock Hospitality by 5.8% in the first quarter. Gallacher Capital Management LLC now owns 27,509 shares of the real estate investment trust’s stock valued at $258,000 after buying an additional 1,504 shares during the last quarter.

Trending Headlines about DiamondRock Hospitality

Here are the key news stories impacting DiamondRock Hospitality this week:

• Positive Sentiment: Quarterly results exceeded expectations. DiamondRock reported second-quarter FFO of $0.44 per share, above the $0.37 consensus estimate and up from $0.35 a year earlier. Revenue rose 4.1% year over year to $318.3 million, also surpassing estimates. DiamondRock Hospitality Q2 FFO and Revenues Surpass Estimates
• Positive Sentiment: Management raised 2026 guidance. The company now expects full-year EPS of $1.18-$1.23, above the prior consensus estimate of $1.09, signaling confidence in operating performance and demand across its hotel and resort portfolio. DiamondRock Hospitality Company Reports Second Quarter 2026 Results
• Positive Sentiment: The quarterly dividend was increased. DiamondRock raised its dividend to $0.11 per share from $0.09, a 22.2% increase, providing an annualized yield of approximately 3.3% and potentially supporting investor interest in the REIT. DiamondRock Hospitality Company Reports Second Quarter 2026 Results
• Neutral Sentiment: Analyst sentiment remains cautious. Stifel raised its price target from $12.50 to $13.25 but maintained a “hold” rating, leaving limited implied upside based on the quoted trading level. Benzinga
• Neutral Sentiment: Management’s earnings call provided additional discussion of second-quarter performance and the updated outlook, which investors are using to assess whether the stronger results can continue. DiamondRock Hospitality Q2 2026 Earnings Call Transcript

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.