DiamondRock Hospitality
Owns premium hotels and resorts across U.S. gateway and destination markets.
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Profile
Owns premium hotels and resorts across U.S. gateway cities and destination markets, earning from rooms, food and beverage, and other guest services. Third-party managers operate every property, while hotel ownership remains the sole reportable segment.
Owns 34 premium hotels and resorts across U.S. gateway cities and destination markets, with a portfolio spanning lifestyle independents and properties carrying Marriott, Hilton, or IHG brands. Room stays generate most revenue; food and beverage, spa, parking, resort fees, and other guest services provide the balance.
Acquires, renovates, rebrands, asset-manages, and selectively sells properties to improve cash flow and recycle capital. Revenue management, cost controls, and property-level capital projects are central to execution, while all hotels are operated by third-party managers. Hotel ownership is the sole reportable segment, and results depend on travel demand, daily room rates and occupancy, manager and brand performance, and continued compliance with REIT rules.
Company facts
Key statistics
Year to date +39.3% · Average volume (30d) 2.6M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 27, 2026 | Barclays | Target | $12 | $14 | |
| Aug 19, 2026 | Evercore ISI | Target | $10.50 | $14 | |
| Aug 18, 2026 | Morgan Stanley | Reiterate | Equal Weight | $9.60 | $11 |
| Jul 31, 2026 | Stifel Nicolaus | Target | $12.50 | $13.25 | |
| Jul 23, 2026 | Wells Fargo | Reiterate | Equal Weight | $13 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $0.22 | $0.44 | +103.6% | $315.0M | $318.3M | +1.1% | +2.56% |
| Apr 30, 2026Q1 FY26 | $0.19 | $0.22 | +15.8% | $256.6M | $258.2M | +0.6% | +2.65% |
| Feb 26, 2026Q4 FY25 | $0.08 | $0.27 | +250.8% | $273.4M | $274.5M | +0.4% | −2.81% |
| Nov 6, 2025Q3 FY25 | $0.25 | $0.29 | +16.0% | $273.1M | $285.4M | +4.5% | +9.14% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $254.9M | $305.7M | $285.4M | $274.5M | $258.2M | $318.3M | |
| Gross profit | $134.7M | $65.6M | $159.6M | $258.5M | $140.4M | $54.9M | |
| Operating income | $24.8M | $56.1M | $44.8M | $36.0M | $28.6M | $73.3M | |
| Net income | $11.9M | $40.8M | $22.5M | $26.2M | $14.5M | $90.5M | |
| Diluted EPS | $0.04 | $0.18 | $0.10 | $0.12 | $0.07 | $0.44 | |
| Gross margin | 52.8% | 21.5% | 55.9% | 94.1% | 54.4% | 17.3% | |
| Operating margin | 9.7% | 18.4% | 15.7% | 13.1% | 11.1% | 23.0% |
Fiscal years (4-quarter sums)FY21 $567.1M · FY22 $1.00B · FY23 $1.07B · FY24 $1.13B · FY25 $1.12B
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $106.0M · Total debt $1.20B · Total assets $3.07B · Shareholders' equity $1.52B
Dividends
Raised for 3 straight years — most recently to $0.09 from $0.08 in Mar 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 30, 2026 | Jun 30 | Jul 14 | $0.09 | |
| Mar 31, 2026 | Mar 31 | Apr 14 | $0.09 | raised from $0.08 |
| Dec 31, 2025 | Dec 31 | Jan 14 | $0.16 | special dividend |
| Sep 30, 2025 | Sep 30 | Oct 14 | $0.08 | |
| Jun 30, 2025 | Jun 30 | Jul 11 | $0.08 | |
| Mar 28, 2025 | Mar 28 | Apr 11 | $0.08 | raised from $0.03 |
| Dec 31, 2024 | Dec 31 | Jan 14 | $0.43 | special dividend |
| Sep 30, 2024 | Sep 30 | Oct 11 | $0.03 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 204.61M · Float 201.92M · 98.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 39.02M | 19.07% | 13F | Aug 7, 2026 |
| Vanguard Portfolio Management LLC | 24.34M | 11.90% | 13F | Aug 13, 2026 |
| State Street Corp | 12.14M | 5.94% | 13F | Aug 7, 2026 |
| Bank of America Corp /DE/ | 10.65M | 5.20% | 13F | Aug 14, 2026 |
| Cohen & Steers, Inc. | 9.48M | 4.63% | 13F | Aug 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Oct 14, 2025 | Stephanie Lepori | director | +154 | $7.51 |
| Jan 14, 2026 | Stephanie Lepori | director | +188 | $9.26 |
| Apr 14, 2026 | Stephanie Lepori | director | +131 | $10.17 |
| Jul 14, 2026 | Stephanie Lepori | director | +111 | $12.08 |
| Jun 12, 2026 | Kathleen Merrill | director | −20,000 | $11.88 |
Peers
- Host Hotels & Resorts
Scale rival in luxury and upper-upscale U.S. hotel ownership
- Park Hotels & Resorts
Premium-branded resort and urban lodging REIT overlap
- Pebblebrook Hotel Trust
Urban and resort lifestyle hotel ownership rival
- Xenia Hotels & Resorts
Luxury and upper-upscale leisure-market lodging peer
- Sunstone Hotel Investors
Upper-upscale resort and urban asset-management peer
- RLJ
Rooms-oriented urban lodging REIT with branded-hotel overlap
- Braemar Hotels & Resorts
Luxury resort REIT competing for high-RevPAR assets
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| DiamondRock Hospitality | $12.70 | 0.00% | $2.60B | 17.4 | 20.1 | 2.3 | +4.1% |
| Host Hotels & Resorts | $22.40 | +0.63% | $15.26B | 15.2 | 22.3 | 2.5 | +3.4% |
| Park Hotels & Resorts | $15.83 | −0.09% | $3.19B | — | 28.1 | 1.3 | +1.2% |
| Pebblebrook Hotel Trust | $18.49 | −0.05% | $2.09B | — | — | 1.4 | −0.1% |
| Xenia Hotels & Resorts | $19.62 | +0.87% | $1.80B | — | 38.1 | 1.6 | +2.8% |
| Sunstone Hotel Investors | $11.33 | −0.13% | $2.11B | 46.0 | 52.5 | 2.1 | +6.7% |
| RLJ | $11.46 | +0.04% | $1.74B | 280.2 | 250.7 | 1.3 | +5.5% |
| Braemar Hotels & Resorts | $2.03 | −0.49% | $139.4M | — | — | 0.2 | −4.5% |
| Median | 46.0 | 38.1 | 1.4 | +2.8% |