DiamondRock Hospitality (NYSE:DRH) Releases 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 1.120-1.180 for the period, compared to the consensus estimate of 1.130. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

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

DiamondRock Hospitality Price Performance

DRH stock traded up $0.27 during trading hours on Friday, hitting $10.47. 4,061,735 shares of the stock traded hands, compared to its average volume of 2,437,185. The stock has a 50-day simple moving average of $9.82 and a 200 day simple moving average of $9.25. The company has a market cap of $2.14 billion, a P/E ratio of 41.86, a P/E/G ratio of 4.50 and a beta of 0.99. DiamondRock Hospitality has a one year low of $7.21 and a one year high of $10.68. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.70.

DiamondRock Hospitality (NYSE:DRH) last posted its quarterly earnings results on Thursday, February 26th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.03. The company had revenue of $274.53 million for the quarter, compared to analysts’ expectations of $273.18 million. DiamondRock Hospitality had a return on equity of 4.04% and a net margin of 5.69%.The firm’s revenue was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.24 earnings per share. DiamondRock Hospitality has set its FY 2026 guidance at 1.090-1.160 EPS. Equities analysts forecast that DiamondRock Hospitality will post 0.96 earnings per share for the current year.

DiamondRock Hospitality Dividend Announcement

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

Insider Buying and Selling at DiamondRock Hospitality

In related news, CAO Steve Spierto sold 4,000 shares of DiamondRock Hospitality stock in a transaction dated Tuesday, March 3rd. The stock was 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 document filed with the SEC, which can be accessed through this hyperlink. 0.90% of the stock is owned by company insiders.

Key Headlines Impacting DiamondRock Hospitality

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

Hedge Funds Weigh In On DiamondRock Hospitality

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LLC acquired a new stake in DiamondRock Hospitality during the 4th quarter valued at $118,000. Invesco Ltd. boosted its position in shares of DiamondRock Hospitality by 19.3% in the fourth quarter. Invesco Ltd. now owns 1,098,648 shares of the real estate investment trust’s stock worth $9,844,000 after buying an additional 177,593 shares during the period. EP Wealth Advisors LLC purchased a new position in shares of DiamondRock Hospitality during the fourth quarter valued at $200,000. Mackenzie Financial Corp raised its position in DiamondRock Hospitality by 97.3% during the fourth quarter. Mackenzie Financial Corp now owns 50,293 shares of the real estate investment trust’s stock valued at $462,000 after buying an additional 24,796 shares during the period. Finally, Voloridge Investment Management LLC raised its position in DiamondRock Hospitality by 19.3% during the fourth quarter. Voloridge Investment Management LLC now owns 541,411 shares of the real estate investment trust’s stock valued at $4,851,000 after buying an additional 87,437 shares during the period.

About DiamondRock Hospitality

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.