DiamondRock Hospitality (DRH)

• Market cap: $1.84B
• 1 day: -1.11%
• 5 days: -2.63%
• 1 month: -5.03%
• 3 months: 0.23%
• 6 months: 7.52%
• Year to date: -0.56%
• 1 year: -2.42%
• 5 years: -12.35%
• 10 years: -42.63%
• Sector: Financials
• Industry: Real Estate Investment Trusts

About: Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver, and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and others. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.

Employees: 33

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

3% more capital invested

Capital invested by funds: $1.86B [Q2] → $1.91B (+$54.2M) [Q3]

0.95% more ownership

Funds ownership: 104.56% [Q2] → 105.5% (+0.95%) [Q3]

9% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 91

3% less funds holding

Funds holding: 235 [Q2] → 229 (-6) [Q3]

13% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 30

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $10.25 16% upside
• Avg. target: $10.42 17% upside
• High target: $10.50 18% upside

3 analyst ratings

• positive: 0 0%
• neutral: 3 100%
• negative: 0 0%

Wells Fargo Dori Kesten 42% 1-year accuracy 11 / 26 met price target	18% upside $10.50	Equal-Weight Maintained	9 Dec 2024
Stifel Simon Yarmak 49% 1-year accuracy 17 / 35 met price target	16% upside $10.25	Hold Downgraded	22 Nov 2024
Evercore ISI Group Duane Pfenningwerth 0 / 0 met price target	18% upside $10.50	In-Line Downgraded	15 Nov 2024