DiamondRock Hospitality Key Executives
This section highlights DiamondRock Hospitality's key executives, including their titles and compensation details.
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DiamondRock Hospitality Earnings
This section highlights DiamondRock Hospitality's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-28 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-11-08 | $0.12 | $0.26 |
| Read Transcript | Q2 | 2024 | 2024-08-04 | N/A | N/A |
| Read Transcript | Q1 | 2024 | 2024-05-03 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-02-23 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-11-01 | $0.23 | $0.26 |
| Read Transcript | Q2 | 2023 | 2023-08-06 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-05-05 | N/A | N/A |
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 31 premium quality hotels with over 10,000 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment.
$7.93
Stock Price
$1.66B
Market Cap
34
Employees
Bethesda, MD
Location
Financial Statements
Access annual & quarterly financial statements for DiamondRock Hospitality, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $1.13B | $1.07B | $1.00B | $567.13M | $299.49M |
| Cost of Revenue | $- | $781.76M | $640.63M | $432.80M | $340.62M |
| Gross Profit | $1.13B | $293.11M | $360.87M | $134.34M | $-41.14M |
| Gross Profit Ratio | 100.00% | 27.30% | 36.03% | 23.70% | -13.74% |
| Research and Development Expenses | $- | $- | $0 | $-0 | $-1 |
| General and Administrative Expenses | $- | $32.05M | $55.23M | $42.76M | $30.98M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $- | $32.05M | $55.23M | $42.76M | $30.98M |
| Other Expenses | $1.02B | $- | $141.53M | $121.63M | $124.85M |
| Operating Expenses | $1.02B | $32.05M | $196.76M | $164.39M | $155.83M |
| Cost and Expenses | $1.02B | $813.81M | $837.39M | $597.18M | $496.45M |
| Interest Income | $4.34M | $2.56M | $39.69M | $947.00K | $391.00K |
| Interest Expense | $65.52M | $65.07M | $39.69M | $37.04M | $53.99M |
| Depreciation and Amortization | $113.59M | $111.30M | $824.03M | $589.52M | $498.80M |
| EBITDA | $228.90M | $263.33M | $272.96M | $73.86M | $-202.51M |
| EBITDA Ratio | 20.26% | 24.50% | 27.25% | 13.02% | -27.33% |
| Operating Income | $110.97M | $261.06M | $164.11M | $-29.10M | $-196.57M |
| Operating Income Ratio | 9.82% | 24.29% | 16.39% | -5.13% | -65.64% |
| Total Other Income Expenses Net | $-61.18M | $-174.11M | $-160.11M | $-192.14M | $-347.70M |
| Income Before Tax | $49.79M | $86.95M | $112.31M | $-192.14M | $-422.48M |
| Income Before Tax Ratio | 4.41% | 8.09% | 11.21% | -33.88% | -141.07% |
| Income Tax Expense | $1.54M | $317.00K | $2.61M | $3.27M | $-26.45M |
| Net Income | $38.23M | $86.34M | $109.33M | $-195.41M | $-396.03M |
| Net Income Ratio | 3.38% | 8.03% | 10.92% | -34.45% | -132.23% |
| EPS | $0.18 | $0.36 | $0.47 | $-0.92 | $-1.96 |
| EPS Diluted | $0.18 | $0.36 | $0.47 | $-0.92 | $-1.96 |
| Weighted Average Shares Outstanding | 210.29M | 211.52M | 212.42M | 212.06M | 201.67M |
| Weighted Average Shares Outstanding Diluted | 211.24M | 212.30M | 213.19M | 212.06M | 201.67M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $279.05M | $285.13M | $309.28M | $256.42M | $263.55M | $276.52M | $291.25M | $243.55M | $255.06M | $268.21M | $281.41M | $196.83M | $189.93M | $179.47M | $124.79M | $72.94M | $59.05M | $50.07M | $20.38M | $170.00M |
| Cost of Revenue | $- | $127.08M | $239.75M | $225.07M | $122.96M | $116.91M | $117.96M | $107.47M | $166.01M | $170.44M | $166.61M | $137.56M | $139.76M | $125.80M | $92.91M | $74.32M | $68.43M | $75.03M | $52.58M | $144.58M |
| Gross Profit | $279.05M | $158.05M | $69.53M | $31.35M | $140.59M | $159.62M | $173.29M | $136.08M | $89.04M | $97.76M | $114.79M | $59.27M | $50.17M | $53.67M | $31.88M | $-1.39M | $-9.39M | $-24.96M | $-32.20M | $25.41M |
| Gross Profit Ratio | 100.00% | 55.40% | 22.50% | 12.20% | 53.30% | 57.70% | 59.50% | 55.90% | 34.90% | 36.50% | 40.80% | 30.10% | 26.40% | 29.90% | 25.50% | -1.90% | -15.90% | -49.86% | -158.00% | 14.95% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $28.52M | $8.90M | $8.37M | $7.32M | $15.17M | $4.99M | $15.93M | $14.21M | $15.04M | $10.05M | $12.46M | $11.45M | $10.58M | $8.28M | $8.69M | $6.51M | $6.75M | $9.03M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $- | $- | $28.52M | $8.90M | $8.37M | $7.32M | $15.17M | $4.99M | $15.93M | $14.21M | $15.04M | $10.05M | $12.46M | $11.45M | $10.58M | $8.28M | $8.69M | $6.51M | $6.75M | $9.03M |
| Other Expenses | $274.49M | $158.05M | $268.27M | $-8.90M | $237.15M | $233.76M | $236.65M | $105.38M | $37.22M | $35.76M | $36.08M | $32.47M | $32.23M | $31.57M | $28.43M | $29.41M | $29.05M | $30.33M | $29.58M | $35.90M |
| Operating Expenses | $274.49M | $158.05M | $134.78M | $8.90M | $114.19M | $117.40M | $117.86M | $110.37M | $53.15M | $49.98M | $51.12M | $42.52M | $44.68M | $43.01M | $39.01M | $37.69M | $37.73M | $36.84M | $36.32M | $44.93M |
| Cost and Expenses | $274.49M | $337.41M | $268.27M | $233.98M | $237.15M | $234.30M | $235.81M | $217.84M | $219.16M | $220.42M | $217.73M | $180.08M | $184.44M | $168.81M | $131.92M | $112.01M | $106.17M | $111.87M | $88.90M | $189.51M |
| Interest Income | $1.07M | $1.00M | $1.20M | $1.07M | $844.00K | $772.00K | $522.00K | $423.00K | $16.82M | $9.07M | $- | $- | $487.00K | $- | $315.00K | $156.00K | $449.00K | $191.00K | $150.00K | $- |
| Interest Expense | $16.08M | $16.99M | $15.69M | $15.73M | $19.93M | $15.97M | $15.57M | $17.17M | $15.78M | $12.35M | $- | $- | $7.80M | $- | $10.80M | $8.48M | $10.33M | $10.82M | $11.63M | $21.62M |
| Depreciation and Amortization | $29.05M | $28.36M | $27.87M | $28.31M | $28.31M | $27.68M | $27.84M | $27.47M | $27.75M | $27.05M | $27.39M | $26.66M | $25.75M | $25.55M | $24.69M | $26.96M | $27.32M | $28.51M | $28.78M | $30.16M |
| EBITDA | $36.18M | $71.84M | $68.88M | $50.76M | $54.70M | $69.90M | $83.79M | $53.61M | $63.64M | $74.17M | $91.06M | $42.69M | $29.89M | $36.22M | $18.69M | $-148.11M | $-141.25M | $-24.92M | $-40.35M | $10.64M |
| EBITDA Ratio | 12.97% | 25.19% | 22.27% | 19.79% | 21.66% | 25.56% | 28.77% | 22.01% | 24.95% | 27.65% | 32.36% | 21.69% | 16.71% | 20.18% | 13.72% | -16.32% | -32.77% | -66.11% | -194.27% | 6.26% |
| Operating Income | $4.56M | $-52.28M | $41.01M | $22.45M | $-65.34M | $-48.45M | $55.95M | $26.13M | $35.89M | $47.12M | $63.67M | $16.04M | $4.14M | $10.66M | $-7.13M | $-39.07M | $-50.45M | $-61.80M | $-68.52M | $-19.52M |
| Operating Income Ratio | 1.63% | -18.33% | 13.26% | 8.75% | -24.79% | -17.52% | 19.21% | 10.73% | 14.07% | 17.57% | 22.63% | 8.15% | 2.18% | 5.94% | -5.71% | -53.57% | -85.44% | -123.44% | -336.24% | -11.48% |
| Total Other Income Expenses Net | $-15.01M | $79.25M | $83.30M | $76.03M | $-43.82M | $-42.35M | $-15.88M | $-16.75M | $-15.85M | $-18.92M | $-10.28M | $-6.75M | $-32.54M | $-10.06M | $-15.67M | $-130.88M | $-178.46M | $-18.99M | $-10.87M | $-10.32M |
| Income Before Tax | $-10.45M | $26.98M | $26.00M | $7.27M | $10.88M | $27.55M | $39.56M | $8.96M | $20.05M | $28.87M | $53.39M | $10.01M | $-1.11M | $600.00K | $-21.67M | $-169.95M | $-228.91M | $-72.43M | $-80.00M | $-41.13M |
| Income Before Tax Ratio | -3.75% | 9.46% | 8.41% | 2.83% | 4.13% | 9.96% | 13.58% | 3.68% | 7.86% | 10.76% | 18.97% | 5.08% | -0.59% | 0.33% | -17.37% | -233.01% | -387.68% | -144.67% | -392.57% | -24.20% |
| Income Tax Expense | $845.00K | $418.00K | $1.37M | $-1.09M | $-103.00K | $224.00K | $422.00K | $-226.00K | $1.66M | $312.00K | $691.00K | $-54.00K | $1.83M | $2.37M | $-2.55M | $1.61M | $-20.60M | $7.21M | $-6.62M | $-6.44M |
| Net Income | $-13.70M | $26.43M | $24.53M | $8.33M | $8.49M | $27.27M | $38.97M | $9.16M | $18.33M | $28.46M | $52.52M | $10.03M | $-2.94M | $-1.76M | $-19.03M | $-170.85M | $-207.44M | $-79.59M | $-72.78M | $-34.56M |
| Net Income Ratio | -4.91% | 9.27% | 7.93% | 3.25% | 3.22% | 9.86% | 13.38% | 3.76% | 7.19% | 10.61% | 18.66% | 5.09% | -1.55% | -0.98% | -15.25% | -234.24% | -351.32% | -158.97% | -357.14% | -20.33% |
| EPS | $-0.07 | $0.11 | $0.10 | $0.04 | $0.04 | $0.12 | $0.17 | $0.04 | $0.08 | $0.13 | $0.25 | $0.05 | $-0.01 | $-0.01 | $-0.09 | $-0.81 | $-1.02 | $-0.40 | $-0.36 | $-0.17 |
| EPS Diluted | $-0.07 | $0.11 | $0.10 | $0.04 | $0.04 | $0.12 | $0.17 | $0.04 | $0.07 | $0.13 | $0.25 | $0.05 | $-0.01 | $-0.01 | $-0.09 | $-0.81 | $-1.02 | $-0.40 | $-0.36 | $-0.17 |
| Weighted Average Shares Outstanding | 208.97M | 209.34M | 211.20M | 211.67M | 211.50M | 211.49M | 211.67M | 211.41M | 211.50M | 212.88M | 212.83M | 212.49M | 212.32M | 210.95M | 211.97M | 211.34M | 203.23M | 200.98M | 200.80M | 201.21M |
| Weighted Average Shares Outstanding Diluted | 208.97M | 210.21M | 212.02M | 212.34M | 212.58M | 212.20M | 212.16M | 211.81M | 212.44M | 213.66M | 213.52M | 213.15M | 212.32M | 212.26M | 211.97M | 211.67M | 203.68M | 200.98M | 200.80M | 201.21M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $81.38M | $121.59M | $67.56M | $38.62M | $111.80M |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $81.38M | $121.59M | $67.56M | $38.62M | $111.80M |
| Net Receivables | $145.95M | $144.69M | $176.71M | $120.67M | $69.50M |
| Inventory | $- | $- | $- | $36.89M | $23.05M |
| Other Current Assets | $140.81M | $45.58M | $39.61M | $36.89M | $28.40M |
| Total Current Assets | $368.14M | $311.86M | $283.89M | $213.65M | $232.74M |
| Property Plant Equipment Net | $2.72B | $2.85B | $2.85B | $2.75B | $2.91B |
| Goodwill | $- | $- | $- | $- | $19.60M |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $19.60M |
| Long Term Investments | $- | $- | $- | $- | $-19.60M |
| Tax Assets | $- | $- | $3.21B | $2.97B | $19.60M |
| Other Non-Current Assets | $- | $73.94M | $-3.13B | $-2.97B | $-19.60M |
| Total Non-Current Assets | $2.72B | $2.93B | $2.92B | $2.75B | $2.91B |
| Other Assets | $82.96M | $- | $- | $- | $- |
| Total Assets | $3.17B | $3.24B | $3.21B | $2.97B | $3.15B |
| Account Payables | $200.94M | $156.09M | $166.80M | $136.73M | $142.09M |
| Short Term Debt | $- | $- | $- | $- | $15.32M |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $139.47M | $137.42M | $134.95M | $131.78M | $132.09M |
| Other Current Liabilities | $52.39M | $6.32M | $-254.67M | $-260.31M | $-255.57M |
| Total Current Liabilities | $392.79M | $299.83M | $314.69M | $358.51M | $274.18M |
| Long Term Debt | $- | $1.29B | $1.30B | $1.09B | $1.14B |
| Deferred Revenue Non-Current | $- | $- | $73.88M | $69.00M | $132.09M |
| Deferred Tax Liabilities Non-Current | $- | $- | $-314.69M | $-268.51M | $104.97M |
| Other Non-Current Liabilities | $1.57B | $254.13M | $- | $312.20M | $255.57M |
| Total Non-Current Liabilities | $1.57B | $1.54B | $1.30B | $1.09B | $1.15B |
| Other Liabilities | $-385.06M | $-254.13M | $- | $- | $- |
| Total Liabilities | $1.57B | $1.59B | $1.61B | $1.44B | $1.43B |
| Preferred Stock | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K |
| Common Stock | $2.08M | $2.10M | $2.09M | $2.11M | $2.10M |
| Retained Earnings | $- | $-649.33M | $-700.69M | $-780.93M | $-576.53M |
| Accumulated Other Comprehensive Income Loss | $-1.36M | $-2.04M | $-700.69M | $-780.93M | $-0 |
| Other Total Stockholders Equity | $1.59B | $2.29B | $2.29B | $2.29B | $2.29B |
| Total Stockholders Equity | $1.59B | $1.64B | $1.59B | $1.52B | $1.71B |
| Total Equity | $1.60B | $1.65B | $1.60B | $1.52B | $1.72B |
| Total Liabilities and Stockholders Equity | $3.17B | $3.24B | $3.21B | $2.97B | $3.15B |
| Minority Interest | $8.70M | $6.91M | $6.30M | $5.75M | $7.82M |
| Total Liabilities and Total Equity | $3.17B | $3.24B | $3.21B | $2.97B | $3.15B |
| Total Investments | $- | $4.32M | $- | $- | $-19.60M |
| Total Debt | $1.18B | $1.29B | $1.30B | $1.18B | $1.15B |
| Net Debt | $-81.38M | $1.17B | $1.23B | $1.14B | $1.04B |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $81.38M | $75.29M | $170.42M | $165.24M | $121.59M | $102.74M | $98.56M | $76.50M | $67.56M | $313.87M | $71.71M | $41.58M | $38.62M | $66.50M | $192.94M | $99.83M | $111.80M | $110.56M | $87.84M | $387.82M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $81.38M | $75.29M | $170.42M | $165.24M | $121.59M | $102.74M | $98.56M | $76.50M | $67.56M | $313.87M | $71.71M | $41.58M | $38.62M | $66.50M | $192.94M | $99.83M | $111.80M | $110.56M | $87.84M | $387.82M |
| Net Receivables | $145.95M | $167.96M | $171.79M | $155.74M | $144.69M | $167.69M | $164.19M | $149.00M | $176.71M | $182.84M | $174.41M | $154.20M | $120.67M | $109.50M | $89.33M | $72.17M | $69.50M | $67.95M | $62.13M | $72.40M |
| Inventory | $- | $- | $1 | $- | $357.44M | $42.50M | $-48.69M | $317.59M | $- | $45.99M | $1 | $1 | $36.89M | $31.33M | $26.69M | $24.12M | $23.05M | $31.48M | $36.36M | $47.07M |
| Other Current Assets | $140.81M | $44.49M | $45.20M | $45.18M | $45.58M | $42.50M | $37.53M | $46.04M | $39.61M | $115.78M | $110.01M | $137.26M | $36.89M | $31.33M | $47.27M | $48.52M | $28.40M | $64.67M | $61.15M | $66.27M |
| Total Current Assets | $368.14M | $287.74M | $342.22M | $320.99M | $311.86M | $393.12M | $300.28M | $271.55M | $283.89M | $612.50M | $356.13M | $333.04M | $213.65M | $226.67M | $329.54M | $220.52M | $232.74M | $243.18M | $211.12M | $526.49M |
| Property Plant Equipment Net | $2.72B | $2.82B | $96.82M | $97.15M | $2.85B | $2.86B | $2.84B | $2.84B | $2.85B | $2.77B | $2.79B | $2.76B | $2.75B | $2.64B | $2.54B | $2.77B | $2.91B | $3.11B | $3.13B | $3.14B |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $40.50M | $40.80M | $41.00M | $- | $- | $41.80M | $42.10M | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $40.50M | $40.80M | $41.00M | $- | $- | $41.80M | $42.10M | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $- | $- | $5.28M | $4.32M | $10.49M | $10.34M | $6.97M | $- | $9.07M | $5.29M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $-80.19M | $-51.14M | $-47.97M | $- | $- | $-64.26M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $- | $2.81B | $2.82B | $69.62M | $29.20M | $86.22M | $70.66M | $76.13M | $-9.07M | $17.16M | $-42.10M | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Assets | $2.72B | $2.82B | $2.91B | $2.92B | $2.93B | $2.86B | $2.92B | $2.91B | $2.92B | $2.77B | $2.79B | $2.76B | $2.75B | $2.64B | $2.54B | $2.77B | $2.91B | $3.11B | $3.13B | $3.14B |
| Other Assets | $82.96M | $69.77M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $3.17B | $3.18B | $3.25B | $3.24B | $3.24B | $3.26B | $3.22B | $3.18B | $3.21B | $3.39B | $3.14B | $3.09B | $2.97B | $2.87B | $2.87B | $2.99B | $3.15B | $3.35B | $3.34B | $3.67B |
| Account Payables | $200.94M | $165.96M | $168.57M | $157.10M | $156.09M | $171.69M | $23.04M | $151.20M | $166.80M | $165.03M | $149.21M | $144.21M | $136.73M | $126.79M | $119.57M | $120.87M | $142.09M | $176.50M | $143.95M | $148.32M |
| Short Term Debt | $- | $- | $- | $- | $4.14M | $982.00K | $- | $2.98M | $- | $999.00K | $2.00M | $2.99M | $- | $887.00K | $1.76M | $102.63M | $15.32M | $100.79M | $150.59M | $402.40M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $139.47M | $139.22M | $138.72M | $138.33M | $137.42M | $136.57M | $136.06M | $135.53M | $134.95M | $134.50M | $133.96M | $133.37M | $131.78M | $129.86M | $130.36M | $132.72M | $132.09M | $130.88M | $131.74M | $131.15M |
| Other Current Liabilities | $52.39M | $6.66M | $-299.16M | $-287.19M | $-289.30M | $-300.78M | $142.92M | $-281.03M | $-292.97M | $-291.64M | $-276.17M | $-271.47M | $-260.31M | $-249.78M | $-243.88M | $-345.38M | $-255.57M | $-397.12M | $-415.13M | $-670.63M |
| Total Current Liabilities | $392.79M | $311.84M | $313.36M | $301.62M | $299.83M | $314.64M | $302.02M | $293.23M | $314.69M | $306.02M | $483.17M | $477.58M | $358.51M | $256.65M | $249.93M | $253.59M | $274.18M | $307.52M | $275.83M | $279.61M |
| Long Term Debt | $- | $1.21B | $1.29B | $1.29B | $1.29B | $1.29B | $1.29B | $1.30B | $1.30B | $1.48B | $1.28B | $1.28B | $1.09B | $1.09B | $1.09B | $1.19B | $1.10B | $1.20B | $1.25B | $1.51B |
| Deferred Revenue Non-Current | $- | $- | $79.69M | $78.88M | $77.56M | $76.75M | $75.83M | $74.88M | $73.88M | $73.02M | $72.06M | $71.06M | $69.00M | $66.52M | $66.44M | $132.72M | $132.09M | $130.88M | $131.74M | $131.15M |
| Deferred Tax Liabilities Non-Current | $- | $- | $105.64M | $69.09M | $-299.83M | $-314.64M | $-302.02M | $-293.23M | $-314.69M | $-306.02M | $-283.17M | $-277.58M | $-268.51M | $-256.65M | $-249.93M | $-238.30M | $-237.06M | $-235.15M | $-235.33M | $-234.07M |
| Other Non-Current Liabilities | $1.57B | $- | $305.23M | $293.38M | $- | $194.02M | $264.14M | $249.80M | $267.62M | $297.13M | $240.01M | $236.25M | $312.20M | $221.57M | $223.72M | $224.43M | $295.25M | $239.23M | $227.12M | $214.52M |
| Total Non-Current Liabilities | $1.57B | $1.21B | $1.29B | $1.29B | $1.29B | $1.29B | $1.29B | $1.30B | $1.30B | $1.48B | $1.08B | $1.08B | $1.09B | $1.09B | $1.09B | $1.20B | $1.15B | $1.20B | $1.26B | $1.51B |
| Other Liabilities | $-385.06M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.57B | $1.52B | $1.60B | $1.59B | $1.59B | $1.61B | $1.59B | $1.59B | $1.61B | $1.78B | $1.56B | $1.56B | $1.44B | $1.35B | $1.34B | $1.45B | $1.43B | $1.51B | $1.53B | $1.79B |
| Preferred Stock | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $- | $- |
| Common Stock | $2.08M | $2.07M | $2.08M | $2.10M | $2.10M | $2.10M | $2.10M | $2.10M | $2.09M | $2.11M | $2.11M | $2.11M | $2.11M | $2.11M | $2.10M | $2.10M | $2.10M | $2.00M | $2.00M | $1.99M |
| Retained Earnings | $- | $-616.93M | $-633.92M | $-649.76M | $-649.33M | $-651.53M | $-670.06M | $-700.29M | $-700.69M | $-703.75M | $-723.29M | $-773.36M | $-780.93M | $-775.54M | $-771.32M | $-749.83M | $-576.53M | $-366.63M | $-286.20M | $-213.42M |
| Accumulated Other Comprehensive Income Loss | $-1.36M | $-6.00M | $-2.08M | $-781.00K | $-2.04M | $3.80M | $3.83M | $153.00K | $-700.69M | $0 | $0 | $0 | $-780.93M | $0 | $-1.03B | $-0 | $-1.11B | $-1.10B | $-1.07B | $-1.04B |
| Other Total Stockholders Equity | $1.59B | $2.27B | $2.27B | $2.29B | $2.29B | $2.29B | $2.29B | $2.29B | $2.29B | $2.30B | $2.30B | $2.29B | $2.29B | $2.29B | $2.29B | $2.29B | $2.29B | $2.20B | $2.08B | $2.08B |
| Total Stockholders Equity | $1.59B | $1.65B | $1.64B | $1.64B | $1.64B | $1.64B | $1.62B | $1.59B | $1.59B | $1.60B | $1.58B | $1.52B | $1.52B | $1.52B | $1.52B | $1.54B | $1.71B | $1.83B | $1.80B | $1.87B |
| Total Equity | $1.60B | $1.66B | $1.65B | $1.65B | $1.65B | $1.65B | $1.63B | $1.60B | $1.60B | $1.60B | $1.58B | $1.53B | $1.52B | $1.52B | $1.53B | $1.55B | $1.72B | $1.84B | $1.81B | $1.88B |
| Total Liabilities and Stockholders Equity | $3.17B | $3.18B | $3.25B | $3.24B | $3.24B | $3.26B | $3.22B | $3.18B | $3.21B | $3.39B | $3.14B | $3.09B | $2.97B | $2.87B | $2.87B | $2.99B | $3.15B | $3.35B | $3.34B | $3.67B |
| Minority Interest | $8.70M | $8.75M | $8.68M | $7.34M | $6.91M | $6.68M | $6.80M | $6.44M | $6.30M | $6.19M | $6.19M | $5.99M | $5.75M | $5.48M | $7.51M | $7.38M | $7.82M | $8.40M | $8.17M | $8.49M |
| Total Liabilities and Total Equity | $3.17B | $3.18B | $3.25B | $3.24B | $3.24B | $3.26B | $3.22B | $3.18B | $3.21B | $3.39B | $3.14B | $3.09B | $2.97B | $2.87B | $2.87B | $2.99B | $3.15B | $3.35B | $3.34B | $3.67B |
| Total Investments | $- | $- | $- | $5.28M | $4.32M | $10.49M | $10.34M | $6.97M | $- | $9.07M | $5.29M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Debt | $1.18B | $1.21B | $1.29B | $1.29B | $1.29B | $1.29B | $1.29B | $1.30B | $1.30B | $1.48B | $1.28B | $1.28B | $1.18B | $1.09B | $1.09B | $1.20B | $1.15B | $1.20B | $1.26B | $1.51B |
| Net Debt | $-81.38M | $1.14B | $1.12B | $1.12B | $1.17B | $1.19B | $1.19B | $1.22B | $1.23B | $1.16B | $1.21B | $1.24B | $1.14B | $1.02B | $899.78M | $1.10B | $1.04B | $1.09B | $1.17B | $1.13B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $48.25M | $86.64M | $109.70M | $-195.41M | $-396.03M |
| Depreciation and Amortization | $113.59M | $111.30M | $108.85M | $103.19M | $114.95M |
| Deferred Income Tax | $-449.00K | $-975.00K | $-781.00K | $468.00K | $-26.54M |
| Stock Based Compensation | $12.02M | $8.77M | $7.79M | $8.74M | $7.22M |
| Change in Working Capital | $9.21M | $20.89M | $-26.53M | $-62.58M | $25.41M |
| Accounts Receivables | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $9.68M | $420.00K | $7.07M | $-2.49M | $-13.71M |
| Other Working Capital | $-477.00K | $20.47M | $-33.60M | $-60.09M | $39.11M |
| Other Non Cash Items | $41.80M | $10.94M | $7.21M | $143.28M | $191.30M |
| Net Cash Provided by Operating Activities | $224.41M | $237.56M | $206.24M | $-2.31M | $-83.69M |
| Investments in Property Plant and Equipment | $-81.59M | $-86.31M | $-249.60M | $-47.13M | $-89.64M |
| Acquisitions Net | $- | $- | $- | $-226.63M | $- |
| Purchases of Investments | $- | $- | $-181.94M | $-226.63M | $- |
| Sales Maturities of Investments | $- | $- | $- | $213.82M | $- |
| Other Investing Activities | $-30.53M | $-34.53M | $182.94M | $224.37M | $10.66M |
| Net Cash Used for Investing Activities | $-112.12M | $-120.85M | $-248.60M | $-62.20M | $-78.97M |
| Debt Repayment | $- | $-9.54M | $117.23M | $17.80M | $-41.87M |
| Common Stock Issued | $- | $- | $- | $- | $86.83M |
| Common Stock Repurchased | $-32.87M | $-5.46M | $-13.12M | $-1.48M | $-11.25M |
| Dividends Paid | $-35.42M | $-41.73M | $-16.24M | $-9.94M | $-28.86M |
| Other Financing Activities | $-82.38M | $- | $-13.85M | $-1.22M | $314.18M |
| Net Cash Used Provided by Financing Activities | $-150.67M | $-56.73M | $74.03M | $5.17M | $117.71M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-38.38M | $59.99M | $31.67M | $-59.34M | $-44.95M |
| Cash at End of Period | $128.79M | $167.17M | $107.18M | $75.51M | $134.85M |
| Cash at Beginning of Period | $167.17M | $107.18M | $75.51M | $134.85M | $179.79M |
| Operating Cash Flow | $224.41M | $237.56M | $206.24M | $-2.31M | $-83.69M |
| Capital Expenditure | $-81.59M | $-119.01M | $-249.60M | $-47.13M | $-89.64M |
| Free Cash Flow | $142.82M | $118.55M | $-43.36M | $-49.44M | $-173.32M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-11.30M | $26.56M | $24.63M | $8.33M | $10.98M | $27.33M | $39.13M | $9.19M | $18.39M | $28.55M | $52.70M | $10.06M | $-2.95M | $-1.77M | $-19.12M | $-171.57M | $-208.31M | $-79.64M | $-73.39M | $-34.69M |
| Depreciation and Amortization | $29.05M | $28.36M | $27.87M | $28.31M | $28.31M | $27.68M | $27.84M | $27.47M | $27.75M | $27.05M | $27.39M | $26.66M | $25.81M | $25.61M | $24.75M | $27.02M | $27.38M | $28.57M | $28.84M | $30.16M |
| Deferred Income Tax | $- | $- | $- | $-1.09M | $-975.00K | $- | $960.00K | $-226.00K | $-90.00K | $- | $-691.00K | $- | $1.83M | $919.00K | $-2.55M | $125.28M | $20.60M | $7.21M | $-6.62M | $11.31M |
| Stock Based Compensation | $1.07M | $1.08M | $7.53M | $2.33M | $2.03M | $2.01M | $2.76M | $1.97M | $1.94M | $1.93M | $2.77M | $1.16M | $2.09M | $2.08M | $2.78M | $1.78M | $1.69M | $1.64M | $2.34M | $1.56M |
| Change in Working Capital | $23.11M | $2.13M | $-6.31M | $-9.73M | $10.55M | $11.25M | $-16.33M | $15.42M | $-1.26M | $16.94M | $-19.97M | $-22.24M | $-10.83M | $-15.01M | $-17.10M | $-19.64M | $1.76M | $15.11M | $8.71M | $-180.00K |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $4.03M | $-5.86M | $-4.56M | $8.49M | $483.00K | $-3.99M | $246.00K | $6.16M | $659.00K | $-5.56M | $2.77M | $7.14M | $-3.64M | $-8.76M | $- | $- | $- | $-15.79M |
| Other Working Capital | $23.11M | $2.13M | $-10.34M | $-3.87M | $15.11M | $2.75M | $-16.81M | $19.41M | $-1.51M | $10.78M | $-20.63M | $-16.69M | $-10.83M | $-15.01M | $-17.10M | $-10.89M | $1.76M | $15.11M | $8.71M | $15.61M |
| Other Non Cash Items | $33.86M | $3.54M | $61.30M | $66.81M | $1.98M | $1.99M | $1.99M | $4.25M | $1.49M | $8.07M | $132.00K | $-2.48M | $4.07M | $2.25M | $9.75M | $2.18M | $127.91M | $-7.46M | $9.71M | $2.10M |
| Net Cash Provided by Operating Activities | $75.79M | $61.66M | $55.79M | $31.23M | $52.88M | $70.26M | $56.35M | $58.07M | $48.21M | $82.54M | $62.33M | $13.15M | $20.03M | $14.09M | $-1.48M | $-34.94M | $-28.98M | $-34.56M | $-30.40M | $10.26M |
| Investments in Property Plant and Equipment | $-30.53M | $-22.63M | $-16.91M | $-18.87M | $-17.84M | $-53.25M | $-26.29M | $-21.64M | $-98.83M | $-16.56M | $-58.53M | $-75.69M | $-14.38M | $-13.14M | $-7.65M | $-11.96M | $-9.82M | $-8.71M | $-20.75M | $-50.36M |
| Acquisitions Net | $- | $- | $- | $- | $31.89M | $-31.89M | $-1.50M | $- | $36.18M | $- | $-5.94M | $-36.18M | $-110.14M | $-116.49M | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $1.03M | $-31.90M | $-1.83M | $- | $-75.76M | $- | $-42.12M | $-64.06M | $-110.14M | $-116.49M | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $-31.89M | $31.89M | $1.83M | $- | $75.76M | $- | $5.94M | $- | $- | $- | $213.82M | $- | $- | $- | $- | $- |
| Other Investing Activities | $-23.18M | $- | $-16.91M | $-18.87M | $-2.86M | $35.23M | $-1.83M | $-21.64M | $-36.18M | $-16.56M | $78.30M | $1.00M | $524.00K | $-116.49M | $211.04M | $-11.96M | $-9.82M | $-8.71M | $-20.75M | $10.66M |
| Net Cash Used for Investing Activities | $-53.71M | $-22.63M | $-16.91M | $-18.87M | $-19.67M | $-49.92M | $-29.61M | $-21.64M | $-98.83M | $-16.56M | $-22.35M | $-110.87M | $-124.00M | $-129.63M | $203.38M | $-11.96M | $-9.82M | $-8.71M | $-20.75M | $-39.70M |
| Debt Repayment | $-2.06M | $-75.42M | $-2.44M | $-2.46M | $-2.44M | $-2.37M | $-2.34M | $-2.40M | $-180.92M | $195.99M | $-3.91M | $106.06M | $84.16M | $-3.80M | $-103.76M | $41.20M | $-51.74M | $-52.51M | $-260.57M | $321.54M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $85.81M | $- | $- | $- |
| Common Stock Repurchased | $-2.25M | $-5.37M | $-22.34M | $-2.91M | $-9.00K | $- | $-2.01M | $-3.43M | $-12.29M | $- | $-18.00K | $-810.00K | $- | $- | $- | $-1.48M | $- | $-5.00K | $- | $-11.25M |
| Dividends Paid | $-8.76M | $-8.88M | $-8.84M | $-8.93M | $-8.83M | $-8.83M | $-8.84M | $-15.23M | $-8.87M | $-2.45M | $-2.45M | $-2.46M | $-2.46M | $-2.45M | $-2.46M | $-2.57M | $-2.46M | $-845.00K | $- | $-25.56M |
| Other Financing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-13.73M | $- | $-120.00K | $-67.00K | $-1.00K | $- | $-1.15M | $- | $114.47M | $- | $-201.00K |
| Net Cash Used Provided by Financing Activities | $-13.07M | $-89.68M | $-33.63M | $-14.29M | $-11.28M | $-11.19M | $-13.19M | $-21.06M | $-202.07M | $179.81M | $-6.38M | $102.67M | $81.64M | $-6.25M | $-106.22M | $36.00M | $31.62M | $61.11M | $-259.55M | $284.54M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $-45.86M | $45.86M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $9.01M | $-50.64M | $5.18M | $-1.93M | $21.93M | $9.15M | $13.55M | $15.36M | $-252.68M | $245.79M | $33.60M | $4.96M | $-22.32M | $-121.80M | $95.68M | $-10.90M | $-7.19M | $17.84M | $-310.70M | $255.10M |
| Cash at End of Period | $128.79M | $119.78M | $170.42M | $165.24M | $167.17M | $145.24M | $136.09M | $122.54M | $107.18M | $359.86M | $114.07M | $80.46M | $75.51M | $97.83M | $219.63M | $123.95M | $134.85M | $142.03M | $124.20M | $434.90M |
| Cash at Beginning of Period | $119.78M | $170.42M | $165.24M | $167.17M | $145.24M | $136.09M | $122.54M | $107.18M | $359.86M | $114.07M | $80.46M | $75.51M | $97.83M | $219.63M | $123.95M | $134.85M | $142.03M | $124.20M | $434.90M | $179.79M |
| Operating Cash Flow | $75.79M | $61.66M | $55.79M | $31.23M | $52.88M | $70.26M | $56.35M | $58.07M | $48.21M | $82.54M | $62.33M | $13.15M | $20.03M | $14.09M | $-1.48M | $-34.94M | $-28.98M | $-34.56M | $-30.40M | $10.26M |
| Capital Expenditure | $-53.71M | $-22.63M | $-16.91M | $-18.87M | $-17.84M | $-53.25M | $-26.29M | $-21.64M | $-98.83M | $-16.56M | $-58.53M | $-75.69M | $-14.38M | $-13.14M | $-7.65M | $-11.96M | $-9.82M | $-8.71M | $-20.75M | $-50.36M |
| Free Cash Flow | $22.08M | $39.03M | $38.88M | $12.37M | $35.04M | $17.01M | $30.07M | $36.43M | $-50.61M | $65.98M | $3.81M | $-62.53M | $5.65M | $949.00K | $-9.13M | $-46.90M | $-38.81M | $-43.27M | $-51.15M | $-40.09M |
DiamondRock Hospitality Dividends
Explore DiamondRock Hospitality's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
1.87%
Dividend Payout Ratio
92.64%
Dividend Paid & Capex Coverage Ratio
1.92x
DiamondRock Hospitality Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.08 | $0.08 | March 28, 2025 | March 28, 2025 | April 11, 2025 | February 27, 2025 |
| $0.23 | $0.23 | December 31, 2024 | December 31, 2024 | January 14, 2025 | December 09, 2024 |
| $0.03 | $0.03 | September 30, 2024 | September 30, 2024 | October 11, 2024 | September 04, 2024 |
| $0.03 | $0.03 | June 28, 2024 | June 28, 2024 | July 12, 2024 | June 03, 2024 |
| $0.03 | $0.03 | March 27, 2024 | March 29, 2024 | April 12, 2024 | March 04, 2024 |
| $0.03 | $0.03 | December 28, 2023 | December 29, 2023 | January 11, 2024 | December 01, 2023 |
| $0.03 | $0.03 | September 28, 2023 | September 29, 2023 | October 12, 2023 | September 06, 2023 |
| $0.03 | $0.03 | June 29, 2023 | June 30, 2023 | July 12, 2023 | June 01, 2023 |
| $0.03 | $0.03 | March 30, 2023 | March 31, 2023 | April 12, 2023 | March 02, 2023 |
| $0.06 | $0.06 | December 29, 2022 | December 30, 2022 | January 12, 2023 | December 07, 2022 |
| $0.03 | $0.03 | September 29, 2022 | September 30, 2022 | October 12, 2022 | August 02, 2022 |
| $0.125 | $0.125 | December 31, 2019 | January 02, 2020 | January 13, 2020 | December 17, 2019 |
| $0.125 | $0.125 | September 27, 2019 | September 30, 2019 | October 11, 2019 | September 16, 2019 |
| $0.125 | $0.125 | June 27, 2019 | June 28, 2019 | July 12, 2019 | June 14, 2019 |
| $0.125 | $0.125 | March 28, 2019 | March 29, 2019 | April 12, 2019 | March 15, 2019 |
| $0.125 | $0.125 | January 03, 2019 | January 04, 2019 | January 14, 2019 | December 20, 2018 |
| $0.125 | $0.125 | September 27, 2018 | September 28, 2018 | October 12, 2018 | September 14, 2018 |
| $0.125 | $0.125 | June 28, 2018 | June 29, 2018 | July 12, 2018 | June 01, 2018 |
| $0.125 | $0.125 | March 28, 2018 | March 29, 2018 | April 12, 2018 | March 19, 2018 |
| $0.125 | $0.125 | December 28, 2017 | December 29, 2017 | January 12, 2018 | December 13, 2017 |
DiamondRock Hospitality News
Read the latest news about DiamondRock Hospitality, including recent articles, headlines, and updates.
The State Of REITs: March 2025 Edition
REITs bounced back (+1.77%) in February and now have a positive year-to-date total return (+0.79%) after the first two months of the year. Large cap (+4.58%), small cap (+2.00%) and mid cap REITs (+0.98%) performed well in February while micro caps (-1.55%) continued to badly underperform their larger peers. 64.97% of REIT securities had a positive total in February.
DIAMONDROCK HOSPITALITY ANNOUNCES FIRST QUARTER 2025 EARNINGS RELEASE AND CONFERENCE CALL
BETHESDA, Md. , March 21, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the first quarter 2025 after the market closes on Thursday, May 1, 2025.
DRH or OHI: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of DiamondRock Hospitality (DRH) and Omega Healthcare Investors (OHI). But which of these two companies is the best option for those looking for undervalued stocks?
Should Value Investors Buy DiamondRock Hospitality (DRH) Stock?
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.
Are Investors Undervaluing DiamondRock Hospitality (DRH) 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 (DRH) Q4 2024 Earnings Call Transcript
DiamondRock Hospitality Company (NYSE:DRH ) Q4 2024 Earnings Conference Call February 28, 2025 10:00 AM ET Company Participants Briony Quinn - Chief Financial Officer Jeff Donnelly - Chief Executive Officer Justin Leonard - President and COO Conference Call Participants Dori Kesten - Wells Fargo Securities Austin Wurschmidt - KeyBanc Capital Markets Smedes Rose - Citi Michael Bellisario - Baird Floris van Dijkum - Compass Point LLC Operator Good day and thank you for standing by. Welcome to the DiamondRock Hospitality Company Fourth Quarter and Full Year 2024 Earnings Conference 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.
Piedmont Office Realty Trust Expands Board with Appointments of Deneen Donnley, Stephen Lewis, and Jeffrey Donnelly
Atlanta, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the following appointments to its Board of Directors: Deneen Donnley, Senior Vice President and General Counsel, Consolidated Edison (NYSE: ED); Stephen E. Lewis, Retired Chair and Chief Executive Officer of Troutman Pepper; and Jeffrey J. Donnelly, Chief Executive Officer and Director of DiamondRock Hospitality (NYSE: DRH). With these three appointments, Piedmont's board of directors now consists of ten total members.
DRH: 8%+ Yield From The Preferred Stock
DiamondRock Hospitality Company (DRH) is a solid Hotel REIT with a geographically diversified portfolio of 36 premium hotels and resorts, offering a strong balance sheet and strategic capital allocation. DRH's financials show a balance sheet value of $2.72 billion in hotels, with total assets around $3.2 billion and debt at $1.1 billion, reflecting robust asset coverage. The company's preferred stock, DRH-A, offers an attractive 8.15% yield, supported by a significant cushion of 7% of FFO, making it a compelling fixed-income investment.
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
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.
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: Counting Down To The Call Date Of The Preferred Stock
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%.
DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2024 DIVIDENDS
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.
DIAMONDROCK HOSPITALITY APPOINTS STEPHANIE LEPORI TO BOARD OF DIRECTORS
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.
DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 EARNINGS RELEASE AND CONFERENCE CALL
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.
Fed Ahead
Ahead of the Federal Reserve's critical interest rate decision next week, U.S. equity markets snapped a three-week winning streak as benchmark interest rates jumped to the cusp of five-month highs. Lukewarm CPI and PPI inflation reports were "good enough" to solidify another Fed rate cut next week, but "sticky" trends called into question the outlook for continued easing in 2025. After setting a series of fresh record-highs in the prior week, the S&P 500 slipped 0.6% this week, but still remains on pace for its best year since 2019.
DIAMONDROCK HOSPITALITY DECLARES FOURTH QUARTER DIVIDENDS
Common Dividends for 2024 Total $0.32 Per Share BETHESDA, Md. , Dec. 9, 2024 /PRNewswire/ -- 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.
Goldilocks Data Upholds Fed Cut
U.S. equity markets climbed to fresh record-highs this week, while benchmark interest rates ticked lower, after a critical slate of employment data showed lukewarm labor market trends in November. Viewed as a "Goldilocks" report that effectively locked in a December rate cut, payrolls data showed solid "headline" job growth of 227k in November, but notably weaker trends under the surface. Posting gains for a third straight week to extend its post-election rally to around 7%, the S&P 500 advanced another 0.9% this week - pacing for its best year since 2019.
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
BETHESDA, Md. , Dec. 2, 2024 /PRNewswire/ -- 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.
DIAMONDROCK HOSPITALITY ACQUIRES THE AC HOTEL MINNEAPOLIS DOWNTOWN
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.
DiamondRock Hospitality Company (DRH) Q3 2024 Earnings Conference Call Transcript
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. Welcome to the DiamondRock Hospitality Company Third Quarter 2024 Earnings Conference Call.
DiamondRock Hospitality (DRH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for DiamondRock Hospitality (DRH) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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