DiamondRock Hospitality (DRH) to Announce Quarterly Earnings on Thursday

DiamondRock Hospitality (NYSE:DRHGet Free Report) will likely be releasing its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect the company to announce earnings of $0.2175 per share and revenue of $314.22 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, July 31, 2026 at 10:00 AM ET.

DiamondRock Hospitality Stock Performance

NYSE:DRH opened at $12.91 on Tuesday. DiamondRock Hospitality has a twelve month low of $7.45 and a twelve month high of $13.05. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.70. The company has a 50-day moving average of $11.86 and a 200-day moving average of $10.51. The firm has a market cap of $2.64 billion, a price-to-earnings ratio of 51.64, a price-to-earnings-growth ratio of 4.50 and a beta of 0.98.

DiamondRock Hospitality Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Tuesday, June 30th. DiamondRock Hospitality’s payout ratio is presently 76.60%.

Wall Street Analysts Forecast Growth

DRH has been the subject of a number of research reports. Truist Financial raised their target price on shares of DiamondRock Hospitality from $11.00 to $12.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Bank of America upped their price target on DiamondRock Hospitality from $12.50 to $13.00 and gave the company a “buy” rating in a report on Monday, July 20th. Barclays increased their price objective on DiamondRock Hospitality from $10.00 to $12.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. LADENBURG THALM/SH SH raised their price objective on DiamondRock Hospitality from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Finally, Citigroup lifted their target price on DiamondRock Hospitality from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd. Four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $12.12.

Get Our Latest Research Report on DRH

Insider Activity

In other news, Director Kathleen Merrill sold 20,000 shares of DiamondRock Hospitality stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $11.88, for a total value of $237,600.00. Following the transaction, the director directly owned 84,335 shares of the company’s stock, valued at $1,001,899.80. This trade represents a 19.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michael A. Hartmeier sold 20,000 shares of DiamondRock Hospitality stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $10.46, for a total transaction of $209,200.00. Following the completion of the transaction, the director directly owned 95,354 shares in the company, valued at approximately $997,402.84. This trade represents a 17.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On DiamondRock Hospitality

Hedge funds have recently bought and sold shares of the business. Qube Research & Technologies Ltd boosted its position in DiamondRock Hospitality by 469.0% during the 3rd quarter. Qube Research & Technologies Ltd now owns 2,002,863 shares of the real estate investment trust’s stock worth $15,943,000 after acquiring an additional 1,650,871 shares during the period. Bank of America Corp DE increased its holdings in shares of DiamondRock Hospitality by 17.5% in the 2nd quarter. Bank of America Corp DE now owns 9,231,991 shares of the real estate investment trust’s stock valued at $70,717,000 after purchasing an additional 1,377,897 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of DiamondRock Hospitality in the 4th quarter valued at about $11,530,000. Janus Henderson Group PLC lifted its position in shares of DiamondRock Hospitality by 1,194.7% in the fourth quarter. Janus Henderson Group PLC now owns 1,192,773 shares of the real estate investment trust’s stock worth $10,687,000 after purchasing an additional 1,100,649 shares in the last quarter. Finally, Man Group plc lifted its position in shares of DiamondRock Hospitality by 683.6% in the third quarter. Man Group plc now owns 1,201,040 shares of the real estate investment trust’s stock worth $9,560,000 after purchasing an additional 1,047,772 shares in the last quarter.

DiamondRock Hospitality Company Profile

(Get Free Report)

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.

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Earnings History for DiamondRock Hospitality (NYSE:DRH)

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