Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now NYSE - Delayed Quote • USD DiamondRock Hospitality Company (DRH) Follow Compare 7.91 -0.42 (-5.04%) At close: March 11 at 4:00:02 PM EDT 8.02 +0.11 +(1.39%) Pre-Market: 5:00:29 AM EDT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Diamondrock Hospitality Co (DRH) Q4 2024 Earnings Call Highlights: Strong Urban Hotel ... Diamondrock Hospitality Co (DRH) reports robust growth in urban markets and outlines strategic initiatives for 2025 amidst mixed resort performance. Q4 2024 Diamondrock Hospitality Co Earnings Call Q4 2024 Diamondrock Hospitality Co Earnings Call DiamondRock Hospitality (DRH) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates The headline numbers for DiamondRock Hospitality (DRH) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. DiamondRock Hospitality (DRH) Beats Q4 FFO and Revenue Estimates DiamondRock Hospitality (DRH) delivered FFO and revenue surprises of 14.29% and 1.96%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock? DiamondRock Hospitality: Q4 Earnings Snapshot The Bethesda, Maryland-based real estate investment trust said it had funds from operations of $49.4 million, or 24 cents per share, in the period. The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 21 cents per share. Funds from operations is a closely watched measure in the REIT industry. DIAMONDROCK HOSPITALITY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS 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 and year ended December 31, 2024. Insights Into DiamondRock Hospitality (DRH) Q4: Wall Street Projections for Key Metrics 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. DIAMONDROCK HOSPITALITY COMPANY COMPLETES SALE OF THE WESTIN WASHINGTON, D.C. CITY CENTER 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. City Center (the "Hotel") for a contract price of $92.0 million. The sales price represents an 11.2x multiple on 2024 Hotel EBITDA and a 7.5% capitalization rate on 2024 Hotel net operating income, or a capitalization rate of 5.6% inclusive of the Company's projected capital expenditures. Excluding a one-time property tax credit and DRH vs. CUBE: Which Stock Is the Better Value Option? DRH vs. CUBE: Which Stock Is the Better Value Option? Strength Seen in Gladstone (LAND): Can Its 5.7% Jump Turn into More Strength? Gladstone (LAND) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. Is DiamondRock Hospitality (DRH) Stock Undervalued 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 COMPANY ANNOUNCES TAX TREATMENT OF 2024 DIVIDENDS 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. DIAMONDROCK HOSPITALITY APPOINTS STEPHANIE LEPORI TO BOARD OF DIRECTORS 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. DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 EARNINGS RELEASE AND CONFERENCE CALL 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. A conference call for investors and other interested parties is scheduled for the next day on Friday, February 28, 2025 at 10:00 a.m. Eastern Time (ET). The information to be discussed on the call will be contained in the Company's earnings release, which will be available in the Investor Relations section of t DIAMONDROCK HOSPITALITY DECLARES FOURTH QUARTER DIVIDENDS DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced that its Board of Directors has declared a fourth quarter dividend of $0.23 per common share, which includes the Company's regular quarterly dividend of $0.03 per common share, along with a stub dividend of $0.20 per common share. The dividend will be paid on January 14, 2025 to shareholders of record as of December 31, 2024. DIAMONDROCK HOSPITALITY RECEIVES NAREIT'S 2024 LEADER IN THE LIGHT AWARD AND IS RECOGNIZED AS A SECTOR LEADER BY GRESB FOR THE FIFTH CONSECUTIVE YEAR DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today it is the recipient of the National Association of Real Estate Investment Trusts' ("Nareit") 2024 Leader in the Light Award for the lodging and resorts sector. The award recognizes member companies that demonstrate leadership in implementing sustainable and socially responsible investment and operating practices, good governance, and transparency. DiamondRock Hospitality acquires AC Hotel Minneapolis Downtown for $30m The 245-room AC Hotel Minneapolis Downtown was constructed in 2016. DIAMONDROCK HOSPITALITY ACQUIRES THE AC HOTEL MINNEAPOLIS DOWNTOWN DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced it has acquired the fee simple interest in the 245-room AC Hotel Minneapolis Downtown (the "Hotel") for $30 million, or approximately $122,000 per key with cash on hand. The Hotel, constructed in 2016, is located in downtown Minneapolis, which has one of the largest concentrations of Fortune 1000 companies in the world and is also a major hub for biotechnology and medical innovation. Is DiamondRock Hospitality (DRH) The Most Undervalued Hotel Stock To Invest In Now? We recently compiled a list of the 10 Most Undervalued Hotel Stocks To Invest In Now. In this article, we are going to take a look at where DiamondRock Hospitality Company (NYSE:DRH) stands against the other hotel stocks. Exploring the Hotel Market: Trends and Highlights The hotel market is experiencing a significant transformation as it […] Q3 2024 Diamondrock Hospitality Co Earnings Call Q3 2024 Diamondrock Hospitality Co Earnings Call Performance Overview Trailing total returns as of 3/11/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return DRH S&P 500 YTD -12.40% -5.26% 1-Year -14.35% +8.87% 3-Year -11.99% +32.53%