DiamondRock Hospitality pany(DRH)

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Should Value Investors Buy DiamondRock Hospitality (DRH) Stock?
ZACKS· 2025-01-28 15:41
Core Insights - The article emphasizes the importance of value investing as a successful strategy across various market conditions, focusing on fundamental analysis and traditional valuation metrics to identify undervalued stocks [2][10]. Company Analysis: DiamondRock Hospitality (DRH) - DRH holds a Zacks Rank of 2 (Buy) and a Value grade of A, with a current P/E ratio of 8.56, significantly lower than the industry average of 14.94 [4]. - The company's P/B ratio is 1.11, which is favorable compared to the industry's average P/B of 1.75, with historical P/B values ranging from 0.99 to 1.25 [5]. - DRH's P/S ratio stands at 1.68, compared to the industry average of 4.2, indicating a strong valuation based on sales [6]. - The P/CF ratio for DRH is 10.09, lower than the industry's average of 15.82, with a historical range of 8.71 to 11.08 [7]. Company Analysis: RLJ Lodging Trust (RLJ) - RLJ is also rated 2 (Buy) with a Value Score of A, trading at a forward earnings multiple of 6.16, which is much lower than the industry P/E of 14.94 [8]. - The P/B ratio for RLJ is 0.77, significantly below the industry's average of 1.75, with historical values between 0.70 and 0.96 [9]. - RLJ's PEG ratio is 1.98, compared to the industry's PEG ratio of 2.09, indicating a favorable valuation relative to growth [8]. Conclusion - Both DiamondRock Hospitality and RLJ Lodging Trust are identified as likely undervalued stocks based on their strong earnings outlook and favorable valuation metrics [10].
DiamondRock Hospitality: Counting Down To The Call Date Of The Preferred Stock
Seeking Alpha· 2025-01-24 15:30
DiamondRock Hospitality (NYSE: DRH ) is a hotel REIT that owns a portfolio of about three dozen premium hotels in the United States . While the common shares are not uninteresting based on the after-capex AFFO guidance for 2024 (the definitiveHe is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphasis o ...
DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2024 DIVIDENDS
Prnewswire· 2025-01-24 13:30
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. Security Description Ticker Symbol Record Date Payable Date Total Distribution per Share Ordinary Dividends (Box 1a) Section 199A Dividends (Box 5) Common DRH 3/29/2024 4/12/2024 $0.030000 $0.030000 $0.030000 Common DRH 6/28/2024 7/12/2024 $0 ...
DIAMONDROCK HOSPITALITY APPOINTS STEPHANIE LEPORI TO BOARD OF DIRECTORS
Prnewswire· 2025-01-15 21:16
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.Ms. Lepori currently serves as Chief Administrative and Accounting Officer at Caesars Entertainment, Inc. ("Caesars") where she has responsibility for accounting, shared services, SEC and other external reporting, payr ...
DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 EARNINGS RELEASE AND CONFERENCE CALL
Prnewswire· 2025-01-08 21:30
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. 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 ...
DIAMONDROCK HOSPITALITY ACQUIRES THE AC HOTEL MINNEAPOLIS DOWNTOWN
Prnewswire· 2024-11-15 13:00
BETHESDA, Md., Nov. 15, 2024 /PRNewswire/ -- 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."The ...
DiamondRock Hospitality Company (DRH) Q3 2024 Earnings Conference Call Transcript
Seeking Alpha· 2024-11-08 19:06
DiamondRock Hospitality Company (NYSE:DRH) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Briony Quinn - CFO Jeff Donnelly - CEO Justin Leonard - President and COO Conference Call Participants Dori Kesten - Wells Fargo Securities Austin Wurschmidt - KeyBanc Capital Markets Smedes Rose - Citi Duane Pfennigwerth - Evercore ISI Chris Woronka - Deutsche Bank Michael Bellisario - Baird Chris Darling - Green Street Advisors Operator Good day and thank you for standing by. Welcom ...
DiamondRock Hospitality pany(DRH) - 2024 Q3 - Earnings Call Transcript
2024-11-08 19:06
DiamondRock Hospitality Company (NYSE:DRH) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Briony Quinn - CFO Jeff Donnelly - CEO Justin Leonard - President and COO Conference Call Participants Dori Kesten - Wells Fargo Securities Austin Wurschmidt - KeyBanc Capital Markets Smedes Rose - Citi Duane Pfennigwerth - Evercore ISI Chris Woronka - Deutsche Bank Michael Bellisario - Baird Chris Darling - Green Street Advisors Operator Good day and thank you for standing by. Welcom ...
DiamondRock Hospitality pany(DRH) - 2024 Q3 - Quarterly Report
2024-11-08 16:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-32514 DIAMONDROCK HOSPITALITY COMPANY (Exact Name of Registrant as Specified in Its Charter) Mar ...
DiamondRock Hospitality (DRH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-08 00:30
For the quarter ended September 2024, DiamondRock Hospitality (DRH) reported revenue of $285.13 million, up 3.1% over the same period last year. EPS came in at $0.26, compared to $0.12 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $286.98 million, representing a surprise of -0.64%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.26.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...