DiamondRock Hospitality (DRH) Set to Release Quarterly Earnings on Tuesday

DiamondRock Hospitality (NYSE:DRH) is anticipated to issue its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect DiamondRock Hospitality to announce earnings of $0.1512 per share and revenue of $290.38 million for the quarter. DiamondRock Hospitality has set its FY 2026 guidance at 1.180-1.230 EPS. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 10:00 AM ET.

DiamondRock Hospitality (NYSE:DRH) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.22. The business had revenue of $318.29 million during the quarter, compared to analyst estimates of $314.98 million. DiamondRock Hospitality had a return on equity of 4.04% and a net margin of 5.69%. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.35 earnings per share. On average, analysts expect DiamondRock Hospitality to post $0.96 EPS for the current fiscal year and $1.02 EPS for the next fiscal year.

DiamondRock Hospitality Stock Performance

Shares of NYSE:DRH opened at $13.94 on Tuesday. The company has a market cap of $2.85 billion, a P/E ratio of 55.76, a PEG ratio of 4.50 and a beta of 1.01. 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 one year low of $7.58 and a one year high of $14.10. The business’s 50-day simple moving average is $12.62 and its 200 day simple moving average is $11.18.

DiamondRock Hospitality Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th were given a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 3.2%. This is a positive change from DiamondRock Hospitality’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, September 30th. DiamondRock Hospitality’s dividend payout ratio is 60.27%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Citigroup lifted their price objective on shares of DiamondRock Hospitality from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, July 22nd. Truist Financial upped their target price on shares of DiamondRock Hospitality from $12.00 to $15.00 and gave the company a “buy” rating in a research note on Thursday, September 10th. Morgan Stanley raised their price target on shares of DiamondRock Hospitality from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Monday, October 12th. Wells Fargo & Company lifted their price target on shares of DiamondRock Hospitality from $13.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Monday. Finally, Bank of America lifted their price target on shares of DiamondRock Hospitality from $12.50 to $13.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. Four equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $13.03.

DiamondRock Hospitality Company Profile

DiamondRock Hospitality Company (NYSE: DRH) is a self-advised real estate investment trust that owns a portfolio of hotels and resort properties in the United States. The company focuses on lodging real estate in leisure destinations and gateway markets, with properties serving business travelers, vacationers, and group customers.

DiamondRock’s portfolio includes hotels operated under nationally recognized brands as well as independent and boutique properties. Its business activities include acquiring, owning, leasing, and strategically managing hospitality real estate, while day-to-day hotel operations are generally carried out by third-party management companies and brand operators.

The company was formed in 2004 through a spin-off from Marriott International and is headquartered in Bethesda, Maryland.