DiamondRock Hospitality Company (NYSE:DRH) Stock Has Consensus Target Price of $12.82

Posted by Stanley Muller on Oct 9th, 2026

Shares of DiamondRock Hospitality Company (NYSE:DRH – Get Free Report) have earned a consensus recommendation of “Hold” from the eleven research firms that are presently covering the stock, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $12.82.

A number of brokerages have issued reports on DRH. Truist Financial increased their price objective on shares of DiamondRock Hospitality from $12.00 to $15.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. 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 research note on Thursday, June 18th. 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 report on Monday, July 20th. Citigroup raised their price objective on DiamondRock Hospitality from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 22nd. Finally, Zacks Research lowered DiamondRock Hospitality from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th.

Read Our Latest Stock Report on DiamondRock Hospitality

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of DRH. BlackRock Inc. acquired a new stake in shares of DiamondRock Hospitality during the second quarter worth $475,282,000. Bank of America Corp DE bought a new position in DiamondRock Hospitality during the second quarter worth $129,710,000. Centersquare Investment Management LLC lifted its holdings in DiamondRock Hospitality by 3.2% in the fourth quarter. Centersquare Investment Management LLC now owns 7,780,988 shares of the real estate investment trust’s stock valued at $69,718,000 after buying an additional 244,013 shares during the period. Cohen & Steers Inc. acquired a new position in DiamondRock Hospitality in the fourth quarter valued at $59,231,000. Finally, SG Americas Securities LLC boosted its position in DiamondRock Hospitality by 106.1% during the first quarter. SG Americas Securities LLC now owns 4,172,671 shares of the real estate investment trust’s stock valued at $39,098,000 after acquiring an additional 2,147,881 shares during the last quarter.

DiamondRock Hospitality Stock Up 2.0%

Shares of DRH opened at $12.60 on Tuesday. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.70. DiamondRock Hospitality has a 12 month low of $7.47 and a 12 month high of $13.79. The firm’s 50 day moving average is $12.46 and its 200-day moving average is $11.60. The stock has a market capitalization of $2.58 billion, a PE ratio of 50.40, a P/E/G ratio of 4.50 and a beta of 1.01.

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

DiamondRock Hospitality Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 3.5%. The ex-dividend date is Wednesday, September 30th. This is a positive change from DiamondRock Hospitality’s previous quarterly dividend of $0.09. DiamondRock Hospitality’s dividend payout ratio (DPR) is 60.27%.

About DiamondRock Hospitality

(Get Free Report)

DiamondRock Hospitality Company (NYSE: DRH) is a self-advised real estate investment trust that owns a portfolio of upscale and luxury hotels and resorts in the United States. The company focuses on acquiring, owning and strategically managing lodging properties in major gateway markets, destination resorts and other high-demand locations.

DiamondRock’s portfolio includes full-service hotels operating under nationally recognized brands such as Marriott, Hilton and Hyatt, as well as independent and boutique properties.