Diamondrock Hospitality Company which can be found using ticker (DRH) now have 11 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 11 and 8 with the average target price sitting at $10.05. Now with the previous closing price of $8.11 this now indicates there is a potential upside of 23.9%. The day 50 moving average is $8.48 and the 200 day MA is $8.69. The company has a market capitalization of $1,765m. Find out more information at: https://www.drhc.com
The potential market cap would be $2,187m based on the market consensus.
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.
The company has a dividend yield of 1.48% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 17.72, revenue per share of 4.72 and a 3.31% return on assets.
