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NYSE: DRH

How to Buy Diamondrock Hospitality Co Stock

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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 $8.91, down 3.68% from the previous day, and has decreased 3.26% in one year. It has overperformed other stocks in the REIT - Hotel & Motel industry by 0.04 percentage points. Diamondrock Hospitality Co stock is currently +24.09% from its 52-week low of $7.18, and -20.05% from its 52-week high of $11.15.

At the moment, there are 209.37M DRH shares outstanding. The market capitalization of DRH is $1.87B. In the past 24 hours, 981,503 DRH shares were traded.

How to Buy Diamondrock Hospitality Co Stock

Not sure how to invest in Diamondrock Hospitality Co stock? Here's how.
  1. Figure out where to buy Diamondrock Hospitality Co stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Diamondrock Hospitality Co stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found. It's the best place to buy DRH stock.
  3. Put funds into your investment account: Pick your payment method and add your details.
  4. 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 decide if DRH is a good stock to buy).
  5. Make your DRH trade: Decide if you will purchase DRH shares at the current market price or use a limit order to buy DRH stock at a particular price.
  6. Get the latest scoop on your DRH position: Create a watchlist to watch your new investment in Diamondrock Hospitality Co shares.

Step 1: Figure out where to buy Diamondrock Hospitality Co stock

You need a brokerage account in order to access the NYSE market and buy DRH stock.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal details so you are able to buy DRH today.

How to Start a New Account on eToro

  1. Click here to get started.
  2. Enter your personal details to open a new trading account.
  1. Send your application by hitting the "Create Account" button.
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Step 3: Put funds into your investment account

Watch the video below to see the process of depositing money into your new brokerage account.

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Step 4: Analyze Diamondrock Hospitality Co stock

It's absolutely critical to evaluate stocks before you invest, so you actually comprehend the risk and opportunity.

Diamondrock Hospitality Co Numbers

DRH Price
$8.91
1w %
-0.78%
1y %
-3.26%
5y %
-20.73%
P/E
23.45x
P/B
1.17x
P/S
1.99x
PEG
0.38x
Revenue
$936.38M
Earnings
$78.25M
Fore. Rev. Growth
4.93%
Fore. Earn. Growth
68.59%
Market Cap
$1.87B
Next Earnings
N/A
Next Dividend
N/A

Diamondrock Hospitality Co Due Diligence Checks

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on DRH's stock page.

Is DRH stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge DRH's intrinsic value.

Using relative valuations measures:

  • DRH may be undervalued based on its P/E ratio of 23.45x, relative to REIT - Hotel & Motel industry P/E ratio of -16.66x
  • DRH could be undervalued based on its P/B ratio of 1.17x, relative to REIT - Hotel & Motel industry P/B ratio of 1.3x
  • DRH may be undervalued based on its PEG ratio of 0.38x

You can do additional valuation research on DRH's stock here.

DRH Financial Health

Positive Financial Indicators:

  • DRH profit margin has gone up from -93.7% to 8.4% in the past year.

Negative Financial Indicators:

  • Total DRH debt is higher than 5 years ago, relative to shareholder equity.
  • DRH has a relatively high debt to equity ratio of 1.12.

Do Wall Street analysts think it's a good time to buy DRH stock

Out of 9 Wall Street analysts who give forecasts on DRH, the consensus analyst rating on DRH is a Hold

Should I buy or sell DRH stock?

Based on 9 analysts offering ratings for Diamondrock Hospitality Co.
Hold
Strong Buy
1 analysts 11.11%
Buy
1 analysts 11.11%
Hold
7 analysts 77.78%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Most Recent DRH Analyst Recommendations

Stephen Grambling, a bottom 9% analyst from Morgan Stanley initiates coverage on DRH with a hold rating and announces their DRH price target of $10.00, on Dec 5, 2022.

Duane Pfenningwerth, a top 49% analyst from Evercore ISI Group upgrades DRH to a buy rating, on Oct 18, 2022.

Dori Kesten, a bottom 30% analyst from Wells Fargo downgrades DRH to a hold rating and announces their DRH price target of $10.00, on Aug 29, 2022.

Duane Pfennigwerth, a top 10% analyst from Evercore ISI Group assumes DRH with a hold rating and announces their DRH price target of $10.00, on Jul 11, 2022.

Anthony Powell, a bottom 16% analyst from Barclays maintains DRH with a strong buy rating and lowers their DRH price target from $11.00 to $10.00, on Jul 7, 2022.

You can dig deeper into what analysts are saying on the Diamondrock Hospitality Co stock forecast page.

DRH Technicals

SMA10
9.13
SMA20
8.98
SMA50
8.61
SMA100
8.83
SMA200
9.22
MACD
0.12
MACD Signal
0.12
MACD Histogram
0
RSI
48.66
Stochastic %K
57.8
Stochastic %D
76.82
StochRSI %K
52.09
StochRSI %D
76.74

DRH Performance Metrics

Last year, DRH earnings were $78.25M. Over the past 5 year, DRH's earnings have increased by -3.32% per year. This was faster than the REIT - Hotel & Motel industry average of -4.53%.

Last year, DRH revenue was $936.38M. In the last five year, DRH's revenue has grown by 1.49% per year. This was faster than the REIT - Hotel & Motel industry average of 0.44%.

You can research DRH's earnings and revenue performance here.

Who is buying/selling DRH?

Over the last year, executives and large shareholders 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 $486,095.00 worth of DRH shares on Feb 28, 2022.

Get more info about who owns DRH stock here.

Does DRH stock generate passive income?

Diamondrock Hospitality Co pays a dividend of 0.34%, compared to the REIT - Hotel & Motel industry's average dividend yield of 1.29%. If you owned $1,000 worth of DRH stock, you would have been paid $3.37 in the past year.

Diamondrock Hospitality Co dividend payments have not consistently grown over the past decade and have not remained stable.

Get more data about Diamondrock Hospitality Co dividend yield and history here.

Get analysis from other investors

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Make your DRH trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.

Press the Open button and eToro will place your order.

If you require additional info about buying stocks on eToro, click the helpful video below:

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Step 6: Get the latest scoop on your DRH position

Now that you own some DRH stock, you'll want to stay up-to-date on your new company.

Make a watchlist to get notified of important updates regarding your DRH stock.

DRH Feed

How to Buy Stock in Diamondrock Hospitality Co

To reiterate, here are the 6 steps you need to take to buy Diamondrock Hospitality Co stock right now:

  1. Figure out where to buy Diamondrock Hospitality Co stock
  2. Sign up for your brokerage account
  3. Put funds into your investment account
  4. Analyze Diamondrock Hospitality Co stock
  5. Make your DRH trade
  6. Get the latest scoop on your DRH position

If you require a place to buy stocks, eToro is our recommended option.

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If you want to get notifications regarding your investment in Diamondrock Hospitality Co, create a watchlist today.

NYSE: DRH
$8.91-0.34 (-3.68%)
Updated Dec 5, 2022
Open eToro Account
NYSE: DRH
$8.91-0.34 (-3.68%)
Updated Dec 5, 2022
Open eToro Account

FAQ

How much does it cost to buy one Diamondrock Hospitality Co share?

As of Dec 5, 2022, it costs $8.91 to buy one share of Diamondrock Hospitality Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.449 shares of DRH.

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Is now a good time to buy Diamondrock Hospitality Co stock?

According to 9 Wall Street analysts who monitor Diamondrock Hospitality Co, their consensus recommendation is to hold Diamondrock Hospitality Co stock.

What is the best way to buy Diamondrock Hospitality Co stock?

The best way to buy Diamondrock Hospitality Co stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.