DRH Stock Recent News

DiamondRock Hospitality (DRH) demonstrates solid financials, with strong asset coverage and a forward FFO yield of 13.23% on common stock. The preferred stock (DRH.PR.A) offers an attractive 8.32% stripped yield and a 12.34% yield to call, outperforming many rated preferreds. Moody's methodology assigns DRH a Baa3-equivalent credit rating, reflecting decent financial strength and prudent debt management.

BETHESDA, Md. , May 28, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second quarter 2025 after the market closes on Thursday, August 7, 2025.

DiamondRock Hospitality owns 36 premium hotels and resorts, with a clean balance sheet and conservative leverage, making it resilient during potential recessions. The REIT faces upcoming debt maturities but is expected to refinance at higher costs, impacting profitability but not causing maturity wall issues. The Series A preferred shares, paying 8.25%, are expensive for DRH, and management is likely to redeem 50%-75% in August 2025.

DiamondRock Hospitality Company (NYSE:DRH ) Q1 2025 Earnings Conference Call May 2, 2025 11:00 AM ET Company Participants Briony Quinn - CFO Jeff Donnelly - CEO Justin Leonard - President and COO Conference Call Participants Smedes Rose - Citi Duane Pfennigwerth - Evercore ISI Michael Bellisario - Baird Chris Woronka - Deutsche Bank Floris van Dijkum - Compass Point LLC Jack Armstrong - Wells Fargo Chris Darling - Green Street Stephen Grambling - Morgan Stanley Operator Hello, everyone, and welcome to DiamondRock Hospitality Company First Quarter 2025 Earnings Conference Call. At this time all participants are in a listen-only mode.

The headline numbers for DiamondRock Hospitality (DRH) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

DiamondRock Hospitality (DRH) came out with quarterly funds from operations (FFO) of $0.19 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to FFO of $0.17 per share a year ago.

Q1 Comparable RevPAR Increases 2.0% Declares Second Quarter 2025 Dividends BETHESDA, Md. , May 1, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging real estate investment trust that owns a portfolio of 36 premium hotels and resorts in the United States, today announced results of operations for the quarter ended March 31, 2025.

DiamondRock Hospitality (DRH) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO estimate revisions for the stock doesn't suggest further strength down the road.

REITs bounced back (+1.77%) in February and now have a positive year-to-date total return (+0.79%) after the first two months of the year. Large cap (+4.58%), small cap (+2.00%) and mid cap REITs (+0.98%) performed well in February while micro caps (-1.55%) continued to badly underperform their larger peers. 64.97% of REIT securities had a positive total in February.

BETHESDA, Md. , March 21, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the first quarter 2025 after the market closes on Thursday, May 1, 2025.