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

DiamondRock Hospitality (NYSE:DRHGet Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.120-1.180 for the period, compared to the consensus estimate of 1.130. The company issued revenue guidance of -.

DiamondRock Hospitality Price Performance

Shares of DRH stock traded up $0.27 on Friday, reaching $10.47. The company had a trading volume of 4,061,735 shares, compared to its average volume of 2,437,185. The stock has a market capitalization of $2.14 billion, a PE ratio of 41.86, a price-to-earnings-growth ratio of 4.50 and a beta of 0.99. 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 has a one year low of $7.21 and a one year high of $10.68. The business’s 50-day moving average is $9.82 and its 200 day moving average is $9.25.

DiamondRock Hospitality (NYSE:DRHGet Free Report) last issued its quarterly earnings data on Thursday, February 26th. The real estate investment trust reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The business had revenue of $274.53 million for the quarter, compared to analyst estimates of $273.18 million. DiamondRock Hospitality had a return on equity of 4.04% and a net margin of 5.69%.DiamondRock Hospitality’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS. DiamondRock Hospitality has set its FY 2026 guidance at 1.090-1.160 EPS. Equities research analysts forecast that DiamondRock Hospitality will post 0.96 EPS for the current fiscal year.

DiamondRock Hospitality Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be issued a $0.09 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.36 annualized dividend and a yield of 3.4%. DiamondRock Hospitality’s dividend payout ratio is presently 81.82%.

Wall Street Analyst Weigh In

DRH has been the subject of a number of analyst reports. Morgan Stanley lifted their target price on shares of DiamondRock Hospitality from $9.00 to $9.50 and gave the stock an “equal weight” rating in a research note on Friday, April 10th. Barclays initiated coverage on DiamondRock Hospitality in a research report on Tuesday, January 6th. They issued an “equal weight” rating and a $10.00 price objective for the company. Wells Fargo & Company lifted their price objective on DiamondRock Hospitality from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 22nd. LADENBURG THALM/SH SH initiated coverage on DiamondRock Hospitality in a research report on Thursday, March 26th. They issued a “buy” rating and a $12.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft raised DiamondRock Hospitality from a “hold” rating to a “buy” rating and boosted their price target for the company from $10.00 to $12.00 in a research note on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, DiamondRock Hospitality presently has an average rating of “Hold” and a consensus price target of $10.47.

Get Our Latest Stock Report on DiamondRock Hospitality

Insiders Place Their Bets

In related news, CAO Steve Spierto sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $9.93, for a total value of $39,720.00. Following the transaction, the chief accounting officer owned 77,977 shares of the company’s stock, valued at approximately $774,311.61. This trade represents a 4.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.90% of the company’s stock.

Key DiamondRock Hospitality News

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

  • Positive Sentiment: Q1 results beat expectations — DRH reported ~FFO/EPS of $0.22 and revenue that topped Street views, with revenue up roughly 1.3% year‑over‑year. The beats helped push the stock higher. DRH Tops Q1 FFO and Revenue Estimates MarketBeat Q1 Release
  • Positive Sentiment: Company raised FY‑2026 EPS guidance to a new range (1.120–1.180), which signals management expects continued underlying strength and supports further multiple expansion if execution continues. PR Newswire Q1 Results
  • Positive Sentiment: Board declared a quarterly dividend of $0.09 (ex‑div June 30; pay July 14), implying an annualized yield around 3.4% — a return element that can attract income‑seeking investors. (Dividend announcement April 30)
  • Neutral Sentiment: Management hosted an earnings call/transcript that outlines quarter details and strategy; the call provides color on operations, demand trends and capital allocation but did not dramatically change the outlook beyond the guidance raise. Earnings Call Transcript
  • Negative Sentiment: Growth and profitability remain modest — revenue rose only ~1.3% YoY and trailing margins/ROE are low, meaning the stock’s upside depends on sustained margin expansion and stronger top‑line momentum; valuation (high P/E) could limit upside if growth stalls. MarketBeat Q1 Metrics

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of DRH. AQR Capital Management LLC boosted its holdings in shares of DiamondRock Hospitality by 223.2% in the 1st quarter. AQR Capital Management LLC now owns 65,376 shares of the real estate investment trust’s stock worth $505,000 after buying an additional 45,146 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of DiamondRock Hospitality by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 123,672 shares of the real estate investment trust’s stock valued at $955,000 after acquiring an additional 5,971 shares during the period. United Services Automobile Association purchased a new stake in DiamondRock Hospitality in the first quarter worth $91,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in DiamondRock Hospitality by 3.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,327,841 shares of the real estate investment trust’s stock worth $10,251,000 after buying an additional 48,558 shares during the last quarter. Finally, Creative Planning purchased a new stake in DiamondRock Hospitality in the second quarter worth $99,000.

About DiamondRock Hospitality

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for DiamondRock Hospitality Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DiamondRock Hospitality and related companies with MarketBeat.com's FREE daily email newsletter.