Diamondrock Hospitality Co (DRH) concluded trading on Wednesday at a closing price of $9.18, with 4.66 million shares of worth about $42.81 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.87% during that period and on December 18, 2024 the price saw a loss of about -5.36%. Currently the company’s common shares owned by public are about 207.28M shares, out of which, 201.95M shares are available for trading.
Stock saw a price change of -5.07% in past 5 days and over the past one month there was a price change of 3.38%. Year-to-date (YTD), DRH shares are showing a performance of -2.24% which decreased to -0.65% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.74 but also hit the highest price of $10.00 during that period. The average intraday trading volume for Diamondrock Hospitality Co shares is 2.19 million. The stock is currently trading -2.91% below its 20-day simple moving average (SMA20), while that difference is up 0.42% for SMA50 and it goes to 4.37% higher than SMA200.
Diamondrock Hospitality Co (NYSE: DRH) currently have 207.28M outstanding shares and institutions hold larger chunk of about 105.05% of that.
The stock has a current market capitalization of $1.91B and its 3Y-monthly beta is at 1.60. PE ratio of stock for trailing 12 months is 32.12, while it has posted earnings per share of $0.29 in the same period. Its PEG reads 1.11 while making debt-to-equity ratio of 0.73. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DRH, volatility over the week remained 2.87% while standing at 2.43% over the month.
Stock’s fiscal year EPS is expected to drop by -11.36% while it is estimated to increase by 50.10% in next year. EPS is likely to grow at an annualized rate of 28.90% for next 5-years, compared to annual growth of -3.28% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on November 22, 2024 offering a Hold rating for the stock and assigned a target price range of between $10.75 and $10.25 to it. Coverage by Evercore ISI stated Diamondrock Hospitality Co (DRH) stock as an In-line in their note to investors on November 15, 2024, suggesting a price target of $10.50 for the stock. On August 05, 2024, Compass Point Upgrade their recommendations, while on January 10, 2024, Wolfe Research Initiated their ratings for the stock with a price target of $11. Stock get an Equal weight rating from Wells Fargo on December 08, 2023.
