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

Posted by Brenda Bartman on Aug 27th, 2026

DiamondRock Hospitality (NYSE:DRH – Get Free Report) had its price objective lifted by analysts at Barclays from $12.00 to $14.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the real estate investment trust’s stock. Barclays‘s price target indicates a potential upside of 10.28% from the stock’s previous close.

A number of other analysts also recently issued reports on DRH. Bank of America raised their price target on DiamondRock Hospitality from $12.50 to $13.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Morgan Stanley increased their price objective on DiamondRock Hospitality from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 18th. Citigroup increased their price target on DiamondRock Hospitality from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 22nd. Truist Financial boosted their price target on shares of DiamondRock Hospitality from $11.00 to $12.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Finally, Stifel Nicolaus upped their target price on DiamondRock Hospitality from $12.50 to $13.25 and gave the stock a “hold” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $12.53.

Get Our Latest Stock Report on DRH

DiamondRock Hospitality Price Performance

Shares of NYSE:DRH traded up $0.07 during mid-day trading on Thursday, reaching $12.70. The stock had a trading volume of 263,710 shares, compared to its average volume of 2,359,856. The company has a market cap of $2.60 billion, a P/E ratio of 50.78, a price-to-earnings-growth ratio of 4.50 and a beta of 0.98. DiamondRock Hospitality has a 1 year low of $7.47 and a 1 year high of $13.79. The business’s 50 day moving average price is $12.48 and its 200 day moving average price is $11.04. 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 (NYSE:DRH – Get Free Report) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.22. DiamondRock Hospitality had a return on equity of 4.04% and a net margin of 5.69%.The firm had revenue of $318.29 million during the quarter, compared to the consensus estimate of $314.98 million. During the same period in the prior year, the company earned $0.35 EPS. The company’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. Research analysts expect that DiamondRock Hospitality will post 0.96 EPS for the current fiscal year.

Insider Activity

In other DiamondRock Hospitality news, Director Kathleen Merrill sold 20,000 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $11.88, for a total value of $237,600.00. Following the completion of the transaction, the director owned 84,335 shares in the company, valued at approximately $1,001,899.80. This represents a 19.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. purchased a new position in DiamondRock Hospitality during the second quarter valued at $475,282,000. State Street Corp grew its holdings in DiamondRock Hospitality by 0.8% in the 2nd quarter. State Street Corp now owns 12,587,578 shares of the real estate investment trust’s stock valued at $97,400,000 after buying an additional 93,929 shares in the last quarter. Bank of America Corp DE acquired a new stake in DiamondRock Hospitality during the second quarter worth about $129,710,000. Alyeska Investment Group L.P. increased its holdings in shares of DiamondRock Hospitality by 5.5% during the 3rd quarter. Alyeska Investment Group L.P. now owns 9,152,343 shares of the real estate investment trust’s stock worth $72,853,000 after buying an additional 475,611 shares during the last quarter. Finally, Centersquare Investment Management LLC raised its position 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 purchasing an additional 244,013 shares during the period.

About DiamondRock Hospitality

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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.