DIAMONDROCK HOSPITALITY COMPANY REPORTS THIRD QUARTER 2024 RESULTS
Diamondrock Hospitality Company (DRH)
Last diamondrock hospitality company earnings: 2/20 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.drhc.com
Company Research
Source: PR Newswire
BETHESDA, Md., Nov. 7, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging real estate investment trust that owns a portfolio of 36 premium hotels and resorts in the United States, today announced results of operations for the quarter ended September 30, 2024.Third Quarter 2024 HighlightsNet Income: Net income was $26.6 million, or $0.11 per diluted share.Comparable Revenues: $285.1 million, increased 2.5% compared to the third quarter of 2023.Comparable RevPAR: $214.44, increased 2.8% compared to the third quarter of 2023.Comparable Hotel Adjusted EBITDA: $82.3 million, increased 2.2% compared to the third quarter of 2023.Comparable Hotel Adjusted EBITDA Margin: 28.85%, decreased 9 basis points compared to the third quarter of 2023.Adjusted EBITDA: $75.6 million, increased 3.3% compared to the third quarter of 2023.Adjusted FFO per Share: $0.26, equal to the third quarter of 2023.Debt Financing: The Company repaid its $73.3 million mortgage loa
Show less
Read more
Impact Snapshot
Event Time:
DRH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DRH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DRH alerts
High impacting Diamondrock Hospitality Company news events
Weekly update
A roundup of the hottest topics
DRH
News
- DiamondRock Hospitality (NYSE: DRH) was downgraded by analysts at Stifel Nicolaus from a "buy" rating to a "hold" rating. They now have a $10.25 price target on the stock, down previously from $10.75.MarketBeat
- DiamondRock Hospitality (NYSE: DRH) was downgraded by analysts at Evercore ISI from an "outperform" rating to an "inline" rating. They now have a $10.50 price target on the stock.MarketBeat
- DIAMONDROCK HOSPITALITY ACQUIRES THE AC HOTEL MINNEAPOLIS DOWNTOWN [Yahoo! Finance]Yahoo! Finance
- DIAMONDROCK HOSPITALITY ACQUIRES THE AC HOTEL MINNEAPOLIS DOWNTOWNPR Newswire
- DiamondRock Hospitality (NYSE: DRH) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
DRH
Earnings
- 11/7/24 - In-Line
DRH
Sec Filings
- 11/15/24 - Form 8-K
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- DRH's page on the SEC website