DRH Stock Recent News

Get a deeper insight into the potential performance of DiamondRock Hospitality (DRH) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

BETHESDA, Md. , Feb. 19, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today that on February 19, 2025, it completed the sale of the 410-room Westin Washington, D.C.

Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either DiamondRock Hospitality (DRH) or CubeSmart (CUBE). But which of these two stocks is more attractive to value investors?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both DiamondRock Hospitality (DRH) and CubeSmart (CUBE). But which of these two stocks presents investors with the better value opportunity right now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

DiamondRock Hospitality's preferred stock is attractive near the $25 call value, with a high likelihood of being called due to a strong balance sheet. The REIT's AFFO guidance suggests robust financial performance, with excellent preferred dividend coverage and substantial after-capex AFFO. Preferred shares offer an appealing total return of 3.27% over seven months, with potential annualized returns exceeding 5.5%.

BETHESDA, Md. , Jan. 24, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced the following tax treatment of the 2024 distributions to holders of the Company's common and Series A preferred stock.

BETHESDA, Md. , Jan. 15, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today that its Board of Directors (the "Board") increased the size of the Board from eight to nine members and appointed Stephanie Lepori to the Board, effective January 15, 2025.

BETHESDA, Md. , Jan. 8, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the fourth quarter and full year 2024 after the market closes on Thursday, February 27, 2025.