How to Buy Diamondrock Hospitality Co Stock
Diamondrock Hospitality Co
Diamondrock Hospitality Co is a hotel & motel REIT company located in Maryland, United States, which is part of the Real Estate sector, and is traded under the ticker DRH on the NYSE exchange.
Diamondrock Hospitality Co stock last closed at $8.85, down 2.85% from the previous day, and has increased 11.32% in one year. It has underperformed other stocks in the REIT - Hotel & Motel industry by 0.04 percentage points. Diamondrock Hospitality Co stock is currently +20.74% from its 52-week low of $7.33, and -11.41% from its 52-week high of $9.99.
At the moment, there are 207.26M shares of DRH outstanding. The market capitalization of DRH is $1.83B. In the past 24 hours, 2.55M DRH shares were traded.
How to Buy Diamondrock Hospitality Co Stock
Not sure how to invest in Diamondrock Hospitality Co stock? Here's how.
- Figure out where to buy Diamondrock Hospitality Co stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Diamondrock Hospitality Co stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your payment method and add your details.
- Analyze Diamondrock Hospitality Co stock: The Diamondrock Hospitality Co ticker symbol is DRH. Is Diamondrock Hospitality Co stock a good investment? Should you buy shares of DRH? How do DRH's underlying business fundamentals look? Do top analysts think Diamondrock Hospitality Co is a good buy? Why has DRH's stock price moved recently? (Hint: Our stock research website can help you evaluate if DRH is a good stock to buy).
- Make your DRH trade: Decide if you will purchase DRH shares at the current market price or use a limit order to purchase DRH shares at a given price.
- Get the latest scoop on your DRH position: Create a watchlist to monitor your investment in Diamondrock Hospitality Co stock.
Step 1: Figure out where to buy Diamondrock Hospitality Co stock
You need an online brokerage account to access the NYSE market and buy DRH shares.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you can buy DRH stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on a good stock buying app, you need to deposit funds:
Watch the video below to see the process of depositing funds into your investment account.
Step 4: Analyze Diamondrock Hospitality Co stock
Once you have decided on the best place to buy Diamondrock Hospitality Co stock, it's critical to evaluate their stock prior to buying, so you actually wrap your head around the risk as well as the upside.
Diamondrock Hospitality Co Metrics
Diamondrock Hospitality Co Fundamentals
WallStreetZen was created to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on DRH's stock page.
Is DRH stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge DRH's true value.
Using relative valuations methods:
- DRH could be overvalued based on its P/E ratio of 30.52x, relative to REIT - Hotel & Motel industry P/E ratio of 19.48x
- DRH may be undervalued based on its P/B ratio of 1.12x, relative to REIT - Hotel & Motel industry P/B ratio of 1.33x
- DRH could be undervalued based on its PEG ratio of 0.39x
You can do additional valuation research on DRH's stock here.
DRH Financial Summary
Negative Financial Indicators:
- DRH earnings of $136.26M is not sufficient to cover its interest payments.
- Total DRH debt is higher than 5 years ago, relative to shareholder equity.
- DRH has a relatively high debt to equity ratio of 0.98.
- DRH's operating cash flow of $210.09M allows it to safely service it's debt of $1.29B.
- DRH profit margin has gone down from 8% to 5.5% in the past year.
Is DRH stock a Buy, Hold, or Sell, according to analysts?
Out of 3 sell side analysts who monitor DRH, the consensus analyst rating on DRH is a Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Diamondrock Hospitality Co stock forecast page.
DRH Momentum
DRH Performance Numbers
Last year, DRH earnings were $61.26M. During the last five year, DRH's earnings have increased by -8.41% per year. This was slower than the REIT - Hotel & Motel industry average of -5.23%.
Last year, DRH revenue was $1.11B. During the past five year, DRH's revenue has increased by 4.1% per year. This was faster than the REIT - Hotel & Motel industry average of 1.88%.
Find out more about DRH's earnings and revenue performance here.
Are DRH executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at DRH have sold more shares than they have bought.
Mark W. Brugger, President and CEO of DRH, was the latest DRH insider to sell. They sold $1,398,664.80 worth of DRH shares on Feb 27, 2024.
Research more about who owns DRH stock here.
Can I get consistent income from DRH stock?
Diamondrock Hospitality Co pays a dividend of 1.36%, compared to the REIT - Hotel & Motel industry's average dividend yield of 5.22%. If you owned $1,000 worth of DRH stock, you would have been paid $13.56 in the past year.
Diamondrock Hospitality Co dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Diamondrock Hospitality Co dividend yield and history here.
What do other investors have to say about DRH?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your DRH trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, place a limit order.
Click the Open Trade button and eToro will execute the order.
If you need more help with investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your DRH position
Now that you own some DRH shares, you'll want to keep up with your shares.
Add DRH to a watchlist to keep track of your DRH stock.
DRH Feed
How to Buy Stock in Diamondrock Hospitality Co
To summarize, here are the 6 steps to buy Diamondrock Hospitality Co stock:
- Figure out where to buy Diamondrock Hospitality Co stock
- Sign up for your brokerage account
- Put funds into your investment account
- Analyze Diamondrock Hospitality Co stock
- Make your DRH trade
- Get the latest scoop on your DRH position
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Diamondrock Hospitality Co, click the button below.
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