Diamondrock Hospitality Co. (NYSE: DRH) is -9.27% lower on its value in year-to-date trading and has touched a low of $7.33 and a high of $9.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DRH stock was last observed hovering at around $8.45 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $8.52, the stock is 0.87% and 2.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.48 million and changing 0.83% at the moment leaves the stock -3.54% off its SMA200. DRH registered 6.10% gain for a year compared to 6-month loss of -9.17%.
The stock witnessed a 6.63% gain in the last 1 month and extending the period to 3 months gives it a 2.90%, and is 2.65% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.93% over the week and 2.07% over the month.
Diamondrock Hospitality Co. (DRH) has around 33 employees, a market worth around $1.77B and $1.11B in sales. Current P/E ratio is 29.51 and Fwd P/E is 17.32. Profit margin for the company is 5.55%. Distance from 52-week low is 16.23% and -14.71% from its 52-week high. The company has generated returns on investments over the last 12 months (2.10%).
The EPS is expected to shrink by -1.87% this year.
Diamondrock Hospitality Co. (DRH) Top Institutional Holders
355.0 institutions hold shares in Diamondrock Hospitality Co. (DRH), with institutional investors hold 109.00% of the company’s shares. The shares outstanding are 209.63M, and float is at 201.91M with Short Float at 9.44%. Institutions hold 106.34% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 38.2 million shares valued at $322.8 million. The investor’s holdings represent 18.0476% of the DRH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 34.1 million shares valued at $288.17 million to account for 16.1115 of the shares outstanding. The other top investors are FMR LLC which holds 12.41 million shares representing 5.8635% and valued at over $104.88 million, while STATE STREET CORP holds 5.8176 of the shares totaling 12.31 million with a market value of $104.42 million.
Diamondrock Hospitality Co. (DRH) Insider Activity
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