DiamondRock Hospitality Company (DRH) Stock Forecast, Price Target & Predictions
DRH Stock Forecast
DiamondRock Hospitality Company stock forecast is as follows: an average price target of $10.50 (represents a 17.32% upside from DRH’s last price of $8.95) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.
DRH Price Target
The average price target for DiamondRock Hospitality Company (DRH) is $10.50 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $10.00. This represents a potential 17.32% upside from DRH's last price of $8.95.
DRH Analyst Ratings
According to 7 Wall Street analysts, DiamondRock Hospitality Company's rating consensus is 'Hold'. The analyst rating breakdown for DRH stock is 0 'Strong Buy' (0.00%), 3 'Buy' (42.86%), 4 'Hold' (57.14%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
DiamondRock Hospitality Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | Floris van Dijkum | Compass Point | $10.00 | $7.94 | 25.94% | 11.73% |
| Aug 02, 2024 | Simon Yarmak | Stifel Nicolaus | $10.00 | $8.23 | 21.43% | 11.73% |
| Apr 15, 2024 | Simon Yarmak | Stifel Nicolaus | $10.75 | $9.34 | 15.10% | 20.11% |
| Oct 18, 2022 | Diane Pfenningwerth | Evercore ISI | $11.00 | $8.78 | 25.36% | 22.91% |
| Jul 26, 2022 | Simon Yarmak | Stifel Nicolaus | $11.00 | $8.78 | 25.36% | 22.91% |
| May 11, 2021 | Floris van Dijkum | Compass Point | $11.00 | $9.66 | 13.87% | 22.91% |
| Apr 28, 2021 | Anthony Powell | Barclays | $11.00 | $10.50 | 4.76% | 22.91% |
The latest DiamondRock Hospitality Company stock forecast, released on Aug 05, 2024 by Floris van Dijkum from Compass Point, set a price target of $10.00, which represents a 25.94% increase from the stock price at the time of the forecast ($7.94), and a 11.73% increase from DRH last price ($8.95).
DiamondRock Hospitality Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $10.25 |
| Last Closing Price | $8.95 | $8.95 | $8.95 |
| Upside/Downside | -100.00% | -100.00% | 14.53% |
In the current month, the average price target of DiamondRock Hospitality Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to DiamondRock Hospitality Company's last price of $8.95. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 15, 2024 | Wedbush | - | Neutral | Upgrade |
| Aug 05, 2024 | Compass Point | - | Buy | Upgrade |
| Mar 30, 2023 | Wells Fargo | - | Overweight | Upgrade |
| Oct 18, 2022 | Evercore ISI | - | Outperform | Upgrade |
| Oct 18, 2022 | Morgan Stanley | - | Equal-Weight | Downgrade |
| Oct 18, 2022 | Piper Sandler | - | Neutral | Upgrade |
| Oct 18, 2022 | Barclays | - | Equal-Weight | Downgrade |
DiamondRock Hospitality Company's last stock rating was published by Wedbush on Oct 15, 2024. The company Upgrade its DRH rating from "null" to "Neutral".
DiamondRock Hospitality Company Financial Forecast
DiamondRock Hospitality Company Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $263.55M | $276.52M | - | $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 | $237.52M | $240.28M |
| Avg Forecast | $273.44M | $295.94M | $322.73M | $270.28M | $277.82M | $293.11M | $316.03M | $262.24M | $270.32M | $285.93M | $301.77M | $249.41M | $261.45M | $267.60M | $297.10M | $235.35M | $250.51M | $259.06M | $266.60M | $176.87M | $182.36M | $160.82M | $108.76M | $67.68M | $59.05M | $54.61M | $25.54M | $166.94M | $233.01M | $235.71M |
| High Forecast | $277.48M | $300.32M | $327.50M | $274.27M | $281.93M | $297.44M | $320.70M | $265.96M | $273.35M | $287.60M | $301.77M | $249.41M | $264.20M | $278.00M | $301.49M | $238.83M | $254.21M | $259.06M | $266.60M | $176.87M | $182.36M | $160.82M | $108.76M | $67.68M | $59.05M | $54.61M | $25.54M | $166.94M | $233.01M | $235.71M |
| Low Forecast | $267.36M | $289.36M | $315.55M | $264.27M | $271.65M | $286.60M | $309.01M | $258.69M | $264.51M | $284.26M | $301.77M | $249.41M | $258.07M | $251.58M | $290.50M | $230.12M | $244.94M | $259.06M | $266.60M | $176.87M | $182.36M | $160.82M | $108.76M | $67.68M | $59.05M | $54.61M | $25.54M | $166.94M | $233.01M | $235.71M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.03% | - | 1.03% | 1.02% | 1.04% | 1.06% | 1.11% | 1.04% | 1.12% | 1.15% | 1.08% | 1.00% | 0.92% | 0.80% | 1.02% | 1.02% | 1.02% |
DiamondRock Hospitality Company's average Quarter revenue forecast for Mar 24 based on 3 analysts is $249.41M, with a low forecast of $249.41M, and a high forecast of $249.41M. DRH's average Quarter revenue forecast represents a -5.37% decrease compared to the company's last Quarter revenue of $263.55M (Dec 23).
DiamondRock Hospitality Company EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $53.26M | $70.67M | - | $53.61M | $63.64M | $74.17M | $91.06M | $42.69M | $29.95M | $36.63M | $13.96M | $-133.73M | $-177.53M | $-32.52M | $-38.93M | $10.77M | $192.83M | $56.46M |
| Avg Forecast | $11.07M | $11.98M | $13.06M | $10.94M | $11.25M | $11.87M | $12.79M | $10.62M | $10.94M | $11.57M | $12.22M | $81.60M | $10.58M | $10.83M | $12.03M | $87.27M | $32.94M | $31.58M | $32.50M | $93.34M | $22.23M | $19.61M | $13.26M | $-152.84M | $7.20M | $6.66M | $3.11M | $5.08M | $28.41M | $28.74M |
| High Forecast | $11.23M | $12.16M | $13.26M | $11.10M | $11.41M | $12.04M | $12.98M | $10.77M | $11.07M | $11.64M | $12.22M | $97.92M | $10.70M | $11.25M | $12.20M | $104.72M | $39.53M | $31.58M | $32.50M | $112.00M | $22.23M | $19.61M | $13.26M | $-122.27M | $7.20M | $6.66M | $3.11M | $6.09M | $28.41M | $28.74M |
| Low Forecast | $10.82M | $11.71M | $12.77M | $10.70M | $11.00M | $11.60M | $12.51M | $10.47M | $10.71M | $11.51M | $12.22M | $65.28M | $10.45M | $10.18M | $11.76M | $69.82M | $26.36M | $31.58M | $32.50M | $74.67M | $22.23M | $19.61M | $13.26M | $-183.40M | $7.20M | $6.66M | $3.11M | $4.06M | $28.41M | $28.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 5.03% | 6.52% | - | 0.61% | 1.93% | 2.35% | 2.80% | 0.46% | 1.35% | 1.87% | 1.05% | 0.88% | -24.66% | -4.88% | -12.50% | 2.12% | 6.79% | 1.96% |
3 analysts predict DRH's average Quarter EBITDA for Mar 24 to be $81.60M, with a high of $97.92M and a low of $65.28M. This is 53.20% upper than DiamondRock Hospitality Company's previous annual EBITDA (Dec 23) of $53.26M.
DiamondRock Hospitality Company Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $8.49M | $27.27M | - | $9.16M | $18.33M | $28.46M | $52.52M | $10.03M | $-2.95M | $-1.76M | $-19.03M | $-170.85M | $-207.44M | $-79.59M | $-72.78M | $-34.56M | $134.05M | $11.53M |
| Avg Forecast | $18.92M | $31.53M | $50.45M | $10.51M | $13.31M | $28.73M | $45.55M | $7.71M | $11.91M | $25.81M | $36.70M | $17.88M | $9.47M | $20.72M | $37.84M | $19.12M | $-3.23M | $30.45M | $35.54M | $20.45M | $-8.06M | $-3.94M | $-33.92M | $-195.25M | $-66.26M | $-71.75M | $-72.34M | $-16.29M | $19.96M | $21.84M |
| High Forecast | $19.28M | $32.14M | $51.42M | $10.71M | $13.57M | $29.28M | $46.42M | $8.14M | $12.48M | $26.32M | $36.74M | $21.45M | $9.65M | $26.94M | $38.56M | $22.94M | $-2.59M | $30.45M | $35.54M | $24.54M | $-8.06M | $-3.94M | $-33.92M | $-156.20M | $-66.26M | $-71.75M | $-72.34M | $-13.03M | $19.96M | $21.84M |
| Low Forecast | $18.37M | $30.62M | $48.99M | $10.21M | $12.93M | $27.90M | $44.23M | $7.49M | $10.78M | $25.31M | $36.65M | $14.30M | $8.94M | $18.65M | $36.74M | $15.30M | $-3.88M | $30.45M | $35.54M | $16.36M | $-8.06M | $-3.94M | $-33.92M | $-234.30M | $-66.26M | $-71.75M | $-72.34M | $-19.55M | $19.96M | $21.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 1.32% | - | 0.48% | -5.67% | 0.93% | 1.48% | 0.49% | 0.37% | 0.45% | 0.56% | 0.88% | 3.13% | 1.11% | 1.01% | 2.12% | 6.71% | 0.53% |
DiamondRock Hospitality Company's average Quarter net income forecast for Mar 24 is $17.88M, with a range of $14.30M to $21.45M. DRH's average Quarter net income forecast represents a 110.50% increase compared to the company's last Quarter net income of $8.49M (Dec 23).
DiamondRock Hospitality Company SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.32M | - | $4.99M | $15.93M | $14.21M | $15.04M | $10.05M | $14.26M | $11.45M | $10.58M | $8.28M | $12.02M | $6.51M | $6.75M | $9.03M | $16.12M | $12.41M |
| Avg Forecast | $17.56M | $19.00M | $20.72M | $17.35M | $17.84M | $18.82M | $20.29M | $16.84M | $17.36M | $18.36M | $19.38M | $16.01M | $16.79M | $17.18M | $19.08M | $15.11M | $15.68M | $16.63M | $17.12M | $11.36M | $11.71M | $10.33M | $6.98M | $9.46M | $3.79M | $3.51M | $1.64M | $4.26M | $14.96M | $15.13M |
| High Forecast | $17.82M | $19.28M | $21.03M | $17.61M | $18.10M | $19.10M | $20.59M | $17.08M | $17.55M | $18.47M | $19.38M | $16.01M | $16.96M | $17.85M | $19.36M | $15.34M | $18.82M | $16.63M | $17.12M | $11.36M | $11.71M | $10.33M | $6.98M | $11.35M | $3.79M | $3.51M | $1.64M | $5.11M | $14.96M | $15.13M |
| Low Forecast | $17.17M | $18.58M | $20.26M | $16.97M | $17.44M | $18.40M | $19.84M | $16.61M | $16.98M | $18.25M | $19.38M | $16.01M | $16.57M | $16.15M | $18.65M | $14.78M | $12.55M | $16.63M | $17.12M | $11.36M | $11.71M | $10.33M | $6.98M | $7.57M | $3.79M | $3.51M | $1.64M | $3.41M | $14.96M | $15.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.43% | - | 0.33% | 1.02% | 0.85% | 0.88% | 0.89% | 1.22% | 1.11% | 1.52% | 0.88% | 3.17% | 1.86% | 4.12% | 2.12% | 1.08% | 0.82% |
DiamondRock Hospitality Company's average Quarter SG&A projection for Dec 23 is $16.79M, based on 6 Wall Street analysts, with a range of $16.57M to $16.96M. The forecast indicates a 129.25% rise compared to DRH last annual SG&A of $7.32M (Sep 23).
DiamondRock Hospitality Company EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.12 | - | $0.03 | $0.08 | $0.12 | $0.24 | $0.04 | $-0.01 | $-0.01 | $-0.10 | $-0.82 | $-1.04 | $-0.40 | $-0.36 | $-0.17 | $0.67 | $0.06 |
| Avg Forecast | $0.09 | $0.15 | $0.24 | $0.05 | $0.06 | $0.14 | $0.22 | $0.04 | $0.06 | $0.12 | $0.17 | $0.02 | $0.05 | $0.10 | $0.18 | $0.04 | $0.11 | $0.14 | $0.17 | $-0.04 | $-0.04 | $-0.02 | $-0.16 | $-0.26 | $-0.31 | $-0.34 | $-0.34 | $-0.09 | $0.09 | $0.10 |
| High Forecast | $0.09 | $0.15 | $0.24 | $0.05 | $0.06 | $0.14 | $0.22 | $0.04 | $0.06 | $0.13 | $0.17 | $0.02 | $0.05 | $0.13 | $0.18 | $0.04 | $0.11 | $0.14 | $0.17 | $-0.04 | $-0.04 | $-0.02 | $-0.16 | $-0.26 | $-0.31 | $-0.34 | $-0.34 | $-0.09 | $0.09 | $0.10 |
| Low Forecast | $0.09 | $0.15 | $0.23 | $0.05 | $0.06 | $0.13 | $0.21 | $0.04 | $0.05 | $0.12 | $0.17 | $0.02 | $0.04 | $0.09 | $0.17 | $0.04 | $0.11 | $0.14 | $0.17 | $-0.04 | $-0.04 | $-0.02 | $-0.16 | $-0.26 | $-0.31 | $-0.34 | $-0.34 | $-0.09 | $0.09 | $0.10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | - | 0.75% | 0.73% | 0.84% | 1.43% | -0.99% | 0.37% | 0.45% | 0.63% | 3.12% | 3.33% | 1.18% | 1.06% | 1.85% | 7.12% | 0.58% |
According to 6 Wall Street analysts, DiamondRock Hospitality Company's projected average Quarter EPS for Dec 23 is $0.05, with a low estimate of $0.04 and a high estimate of $0.05. This represents a -62.46% decrease compared to DRH previous annual EPS of $0.12 (Sep 23).
DiamondRock Hospitality Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CLDT | Chatham Lodging Trust | $8.70 | $15.50 | 78.16% | Buy |
| PEB | Pebblebrook Hotel Trust | $12.39 | $18.81 | 51.82% | Sell |
| RLJ | RLJ Lodging Trust | $9.59 | $12.83 | 33.79% | Hold |
| HT | Hersha Hospitality Trust | $9.99 | $12.25 | 22.62% | Buy |
| DRH | DiamondRock Hospitality Company | $8.95 | $10.50 | 17.32% | Hold |
| SHO | Sunstone Hotel Investors | $10.06 | $11.29 | 12.23% | Hold |
| XHR | Xenia Hotels & Resorts | $14.82 | $16.40 | 10.66% | Buy |
| RHP | Ryman Hospitality Properties | $111.68 | $117.00 | 4.76% | Buy |