Diamondrock Hospitality Company which can be found using ticker (DRH) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 11 and 9 calculating the average target price we see $10.36. Now with the previous closing price of $7.84 this would imply there is now a potential upside of 32.1%. Also worth taking note is the 50 day moving average now sits at $8.89 while the 200 day moving average is $8.82. The company has a market cap of $1,739m. You can visit the company’s website by visiting: https://www.drhc.com
The potential market cap would be $2,298m 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 1.55% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 16.88, revenue per share of 4.72 and a 3.31% return on assets.
