DiamondRock Hospitality (NYSE:DRH) Updates FY 2026 Earnings Guidance

DiamondRock Hospitality (NYSE:DRH) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.090-1.160 for the period. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Evercore lifted their price objective on DiamondRock Hospitality from $9.00 to $10.00 and gave the stock an “in-line” rating in a report on Thursday, November 20th. Wells Fargo & Company raised their price objective on shares of DiamondRock Hospitality from $9.00 to $10.00 and gave the stock an “equal weight” rating in a research report on Monday, December 1st. Deutsche Bank Aktiengesellschaft upgraded DiamondRock Hospitality from a “hold” rating to a “buy” rating and lifted their target price for the company from $10.00 to $12.00 in a research report on Tuesday, January 13th. Barclays began coverage on DiamondRock Hospitality in a research report on Tuesday, January 6th. They set an “equal weight” rating and a $10.00 price objective for the company. Finally, Truist Financial raised shares of DiamondRock Hospitality from a “hold” rating to a “buy” rating and upped their target price for the company from $10.00 to $11.00 in a research report on Friday, January 9th. Three equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $9.91.

DiamondRock Hospitality Trading Down 2.8%

Shares of DRH stock opened at $10.04 on Friday. DiamondRock Hospitality has a fifty-two week low of $6.18 and a fifty-two week high of $10.67. The company has a 50 day moving average price of $9.47 and a 200 day moving average price of $8.76. The stock has a market capitalization of $2.05 billion, a P/E ratio of 40.16, a price-to-earnings-growth ratio of 4.50 and a beta of 1.03. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.64 and a current ratio of 1.64.

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

DiamondRock Hospitality Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a positive change from DiamondRock Hospitality’s previous quarterly dividend of $0.08. DiamondRock Hospitality’s payout ratio is presently 128.00%.

DiamondRock Hospitality News Roundup

Here are the key news stories impacting DiamondRock Hospitality this week:

• Positive Sentiment: Q4 results beat expectations — reported EPS/FFO of $0.27 vs. consensus $0.24 and revenue of $274.5M versus $273.2M, a modest upside that supports the share price. MarketBeat Q4 Earnings
• Positive Sentiment: Management raised the quarterly dividend to $0.09 (12.5% increase) with a 3.5% yield and an ex‑dividend date of March 31 — a shareholder‑friendly move that typically supports the stock.
• Positive Sentiment: DiamondRock updated FY‑2026 guidance to $1.090–$1.160 EPS, which is above recent analyst consensus (the street average cited ~$0.96), suggesting management expects continued earnings recovery. Press Release / Guidance PDF
• Neutral Sentiment: Company hosted a conference call and several outlets published earnings writeups and snapshots that provide more detail for investors evaluating the beat and guidance. SeattlePI Q4 Snapshot
• Negative Sentiment: Revenue declined 1.6% year‑over‑year and the company’s net margin (5.7%) and return on equity (~4.0%) remain modest — reminders that profitability and top‑line growth are not yet robust, which can limit upside.

Hedge Funds Weigh In On DiamondRock Hospitality

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Metis Global Partners LLC raised its holdings in shares of DiamondRock Hospitality by 3.6% in the 4th quarter. Metis Global Partners LLC now owns 48,193 shares of the real estate investment trust’s stock valued at $432,000 after purchasing an additional 1,667 shares in the last quarter. Lazard Asset Management LLC increased its holdings in DiamondRock Hospitality by 3.1% in the third quarter. Lazard Asset Management LLC now owns 60,199 shares of the real estate investment trust’s stock valued at $479,000 after buying an additional 1,806 shares during the last quarter. M&T Bank Corp raised its stake in DiamondRock Hospitality by 9.4% in the second quarter. M&T Bank Corp now owns 21,298 shares of the real estate investment trust’s stock valued at $163,000 after buying an additional 1,833 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in DiamondRock Hospitality by 2.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 72,809 shares of the real estate investment trust’s stock worth $558,000 after buying an additional 1,880 shares during the last quarter. Finally, State of Wyoming boosted its position in shares of DiamondRock Hospitality by 9.0% during the 4th quarter. State of Wyoming now owns 24,658 shares of the real estate investment trust’s stock worth $221,000 after acquiring an additional 2,044 shares in the last quarter.

DiamondRock Hospitality Company Profile

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.