DiamondRock Hospitality (NYSE:DRH) Upgraded at Zacks Research

Posted by Brian Himes on Aug 21st, 2026

DiamondRock Hospitality (NYSE:DRH – Get Free Report) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

Several other research firms have also recently commented on DRH. LADENBURG THALM/SH SH lifted their price target on DiamondRock Hospitality from $13.00 to $14.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Morgan Stanley upped their target price on DiamondRock Hospitality from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Wells Fargo & Company lifted their price target on shares of DiamondRock Hospitality from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Barclays upped their price target on shares of DiamondRock Hospitality from $10.00 to $12.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Finally, Stifel Nicolaus boosted their price target on DiamondRock Hospitality from $12.50 to $13.25 and gave the company a “hold” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, DiamondRock Hospitality presently has an average rating of “Moderate Buy” and a consensus target price of $12.32.

Read Our Latest Stock Analysis on DiamondRock Hospitality

DiamondRock Hospitality Price Performance

Shares of NYSE:DRH opened at $12.77 on Wednesday. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.70. DiamondRock Hospitality has a 52 week low of $7.47 and a 52 week high of $13.79. The company has a market cap of $2.61 billion, a P/E ratio of 51.08, a PEG ratio of 4.50 and a beta of 0.98. The company has a 50-day moving average price of $12.41 and a 200 day moving average price of $10.95.

DiamondRock Hospitality (NYSE:DRH – Get Free Report) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.44 earnings per share 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 company had revenue of $318.29 million for the quarter, compared to analyst estimates of $314.98 million. During the same period in the prior year, the business posted $0.35 earnings per share. The firm’s revenue for the quarter 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. Research analysts predict that DiamondRock Hospitality will post 0.96 earnings per share for the current year.

Insider Activity at DiamondRock Hospitality

In related 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 sale, the director directly owned 84,335 shares in the company, valued at $1,001,899.80. The trade was a 19.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On DiamondRock Hospitality

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DRH. Ancora Advisors LLC boosted its stake in DiamondRock Hospitality by 0.3% during the 2nd quarter. Ancora Advisors LLC now owns 496,340 shares of the real estate investment trust’s stock valued at $6,045,000 after purchasing an additional 1,630 shares in the last quarter. Hsbc Holdings PLC raised its position in DiamondRock Hospitality by 15.7% in the second quarter. Hsbc Holdings PLC now owns 696,687 shares of the real estate investment trust’s stock worth $8,490,000 after acquiring an additional 94,779 shares in the last quarter. Jefferies Financial Group Inc. acquired a new position in shares of DiamondRock Hospitality in the 2nd quarter worth approximately $594,000. Public Employees Retirement System of Ohio bought a new stake in shares of DiamondRock Hospitality in the 2nd quarter worth approximately $2,854,000. Finally, Corient Private Wealth LP bought a new stake in shares of DiamondRock Hospitality in the 2nd quarter worth approximately $340,000.

About DiamondRock Hospitality

(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.