DiamondRock Hospitality (NYSE:DRH) Issues FY 2026 Earnings Guidance

DiamondRock Hospitality (NYSE:DRH) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.180-1.230 for the period, compared to the consensus estimate of 1.090. The company issued revenue guidance of -.

DiamondRock Hospitality Stock Performance

DRH stock traded up $0.33 during mid-day trading on Friday, reaching $13.24. 4,582,288 shares of the stock traded hands, compared to its average volume of 2,343,725. The firm has a market capitalization of $2.71 billion, a PE ratio of 52.96, a P/E/G ratio of 4.50 and a beta of 0.98. The business has a 50-day moving average of $12.05 and a two-hundred day moving average of $10.62. DiamondRock Hospitality has a 52 week low of $7.45 and a 52 week high of $13.48. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.70.

DiamondRock Hospitality (NYSE:DRH) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.22. The company had revenue of $318.29 million during the quarter, compared to analyst estimates of $314.98 million. DiamondRock Hospitality had a return on equity of 4.04% and a net margin of 5.69%.During the same period in the previous year, the company earned $0.35 earnings per share. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. DiamondRock Hospitality has set its FY 2026 guidance at 1.180-1.230 EPS. As a group, equities analysts predict that DiamondRock Hospitality will post 0.96 EPS for the current fiscal year.

DiamondRock Hospitality Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be issued a $0.11 dividend. This is a boost from DiamondRock Hospitality’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.44 annualized dividend and a yield of 3.3%. DiamondRock Hospitality’s payout ratio is presently 49.32%.

Wall Street Analyst Weigh In

A number of research firms have commented on DRH. Citigroup boosted their price target on shares of DiamondRock Hospitality from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Wednesday, July 22nd. Barclays lifted their target price on shares of DiamondRock Hospitality from $10.00 to $12.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Truist Financial increased their price target on DiamondRock Hospitality from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Wells Fargo & Company raised their price target on DiamondRock Hospitality from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. Finally, LADENBURG THALM/SH SH lifted their price objective on DiamondRock Hospitality from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Four analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $12.22.

Insider Buying and Selling at DiamondRock Hospitality

In other news, Director Kathleen Merrill sold 20,000 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $11.88, for a total value of $237,600.00. Following the transaction, the director owned 84,335 shares of the company’s stock, valued at $1,001,899.80. This represents a 19.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Michael A. Hartmeier sold 20,000 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $10.46, for a total value of $209,200.00. Following the completion of the transaction, the director directly owned 95,354 shares in the company, valued at approximately $997,402.84. This trade represents a 17.34% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.90% of the company’s stock.

DiamondRock Hospitality News Summary

Here are the key news stories impacting DiamondRock Hospitality this week:

• Positive Sentiment: Quarterly results exceeded expectations. DiamondRock reported second-quarter FFO of $0.44 per share, above the $0.37 consensus estimate and up from $0.35 a year earlier. Revenue rose 4.1% year over year to $318.3 million, also surpassing estimates. DiamondRock Hospitality Q2 FFO and Revenues Surpass Estimates
• Positive Sentiment: Management raised 2026 guidance. The company now expects full-year EPS of $1.18-$1.23, above the prior consensus estimate of $1.09, signaling confidence in operating performance and demand across its hotel and resort portfolio. DiamondRock Hospitality Company Reports Second Quarter 2026 Results
• Positive Sentiment: The quarterly dividend was increased. DiamondRock raised its dividend to $0.11 per share from $0.09, a 22.2% increase, providing an annualized yield of approximately 3.3% and potentially supporting investor interest in the REIT. DiamondRock Hospitality Company Reports Second Quarter 2026 Results
• Neutral Sentiment: Analyst sentiment remains cautious. Stifel raised its price target from $12.50 to $13.25 but maintained a “hold” rating, leaving limited implied upside based on the quoted trading level. Benzinga
• Neutral Sentiment: Management’s earnings call provided additional discussion of second-quarter performance and the updated outlook, which investors are using to assess whether the stronger results can continue. DiamondRock Hospitality Q2 2026 Earnings Call Transcript

Institutional Trading of DiamondRock Hospitality

Several hedge funds have recently added to or reduced their stakes in the business. Landscape Capital Management L.L.C. raised its position in DiamondRock Hospitality by 8.4% in the 4th quarter. Landscape Capital Management L.L.C. now owns 28,591 shares of the real estate investment trust’s stock valued at $256,000 after buying an additional 2,215 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in DiamondRock Hospitality by 567.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 30,478 shares of the real estate investment trust’s stock worth $233,000 after acquiring an additional 25,912 shares during the last quarter. State of Wyoming boosted its position in DiamondRock Hospitality by 9.0% during the 4th quarter. State of Wyoming now owns 24,658 shares of the real estate investment trust’s stock worth $221,000 after acquiring an additional 2,044 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of DiamondRock Hospitality by 16.4% during the 4th quarter. Captrust Financial Advisors now owns 23,561 shares of the real estate investment trust’s stock worth $211,000 after acquiring an additional 3,319 shares in the last quarter. Finally, EP Wealth Advisors LLC bought a new position in shares of DiamondRock Hospitality during the 4th quarter worth approximately $200,000.

DiamondRock Hospitality Company Profile

DiamondRock Hospitality Company is a real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of upscale, full-service hotels in urban gateway markets across the United States. Established in 2004 and headquartered in Bethesda, Maryland, the company focuses on investing in high-quality lodging properties that cater to both business and leisure travelers. Its assets are positioned in key metropolitan areas, enabling DiamondRock to benefit from strong demand drivers such as corporate travel, group conventions and resort leisure stays.

The company’s portfolio includes full-service hotels offering a broad range of amenities, including guest rooms, on-site food and beverage outlets, meeting and event space, fitness centers and spa services.