DiamondRock Hospitality (DRH) Projected to Announce Earnings on Thursday

DiamondRock Hospitality (NYSE:DRH) is anticipated to issue its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect DiamondRock Hospitality to post earnings of $0.2175 per share and revenue of $313.9290 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Friday, July 31, 2026 at 10:00 AM ET.

DiamondRock Hospitality Stock Performance

NYSE:DRH opened at $12.90 on Thursday. 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 has a 12-month low of $7.45 and a 12-month high of $13.05. The stock has a 50-day moving average price of $11.72 and a 200 day moving average price of $10.44. The stock has a market capitalization of $2.64 billion, a P/E ratio of 51.60, a P/E/G ratio of 4.50 and a beta of 0.98.

DiamondRock Hospitality Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were issued a $0.09 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.36 dividend on an annualized basis and a yield of 2.8%. DiamondRock Hospitality’s payout ratio is currently 76.60%.

Analyst Upgrades and Downgrades

DRH has been the subject of a number of research analyst reports. LADENBURG THALM/SH SH increased their price objective on shares of DiamondRock Hospitality from $13.00 to $14.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Truist Financial boosted their target price on shares of DiamondRock Hospitality from $11.00 to $12.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Citigroup upped their target price on shares of DiamondRock Hospitality from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday. Bank of America raised their target price on shares of DiamondRock Hospitality from $12.50 to $13.00 and gave the company a “buy” rating in a research note on Monday. Finally, Wells Fargo & Company lifted their price target on shares of DiamondRock Hospitality from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, DiamondRock Hospitality currently has a consensus rating of “Hold” and an average target price of $12.03.

Insider Buying and Selling

In related news, Director Kathleen Merrill sold 20,000 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $11.88, for a total value of $237,600.00. Following the completion of the transaction, the director directly owned 84,335 shares of the company’s stock, valued at approximately $1,001,899.80. This trade represents a 19.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael A. Hartmeier sold 20,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $10.46, for a total transaction of $209,200.00. Following the completion of the sale, the director owned 95,354 shares in the company, valued at $997,402.84. This represents a 17.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On DiamondRock Hospitality

Institutional investors and hedge funds have recently made changes to their positions in the business. Qube Research & Technologies Ltd grew its position in DiamondRock Hospitality by 469.0% in the third quarter. Qube Research & Technologies Ltd now owns 2,002,863 shares of the real estate investment trust’s stock worth $15,943,000 after acquiring an additional 1,650,871 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of DiamondRock Hospitality by 17.5% in the 2nd quarter. Bank of America Corp DE now owns 9,231,991 shares of the real estate investment trust’s stock valued at $70,717,000 after purchasing an additional 1,377,897 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of DiamondRock Hospitality in the 4th quarter worth approximately $11,530,000. Janus Henderson Group PLC boosted its holdings in shares of DiamondRock Hospitality by 1,194.7% in the 4th quarter. Janus Henderson Group PLC now owns 1,192,773 shares of the real estate investment trust’s stock worth $10,687,000 after purchasing an additional 1,100,649 shares during the period. Finally, Man Group plc increased its position in shares of DiamondRock Hospitality by 683.6% during the 3rd quarter. Man Group plc now owns 1,201,040 shares of the real estate investment trust’s stock valued at $9,560,000 after purchasing an additional 1,047,772 shares during the last quarter.

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.