DiamondRock Hospitality Company (DRH)
NYSE: DRH · IEX Real-Time Price · USD
8.47
+0.06 (0.71%)
May 31, 2024, 4:00 PM EDT - Market closed
DRH Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for DRH stock have an average target of 10.3, with a low estimate of 9.00 and a high estimate of 11. The average target predicts an increase of 21.61% from the current stock price of 8.47.
Analyst Consensus: Buy
* Price targets were last updated on Mar 14, 2024.
Analyst Ratings
The average analyst rating for DRH stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $10 → $11 | Hold | Maintains | $10 → $11 | +29.87% | Mar 14, 2024 |
| Stifel | Stifel | Strong Buy Maintains $10 → $11 | Strong Buy | Maintains | $10 → $11 | +23.97% | Feb 23, 2024 |
| Wolfe Research | Wolfe Research | Buy Initiates $11 | Buy | Initiates | $11 | +29.87% | Jan 10, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $9 → $10 | Hold | Maintains | $9 → $10 | +18.06% | Dec 22, 2023 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $9 | Buy → Hold | Downgrades | $9 | +6.26% | Dec 8, 2023 |
Financial Forecast
Revenue This Year
1.13B
from 1.07B
Increased by 5.22%
Revenue Next Year
1.16B
from 1.13B
Increased by 2.74%
EPS This Year
0.43
from 0.36
Increased by 19.24%
EPS Next Year
0.47
from 0.43
Increased by 8.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.2B | 1.3B |
| Avg | 1.1B | 1.2B | 1.2B |
| Low | 1.1B | 1.1B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.2% | 8.6% | 9.8% |
| Avg | 5.2% | 2.7% | 3.5% |
| Low | 0.0% | -2.0% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.49 | 0.55 | 0.50 |
| Avg | 0.43 | 0.47 | 0.48 |
| Low | 0.38 | 0.39 | 0.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 37.1% | 27.2% | 7.9% |
| Avg | 19.2% | 8.8% | 3.8% |
| Low | 6.2% | -8.7% | 0.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.