Diamondrock Hospitality Company (DRH) 9.64 $DRH
New Strong Sell Stocks for August 1st
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 8:58AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Monday
AKAM: 49.96 (-0.64), CAI: 8.29 (-0.07), CEB: 60.56 (+0.22), CUB: 41.69 (-1.04), DRH: 9.64 (-0.23)
New Strong Sell Stocks for July 19th
Zacks Equity Research - Zacks Investment Research - Tue Jul 19, 8:04AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Tuesday
SATS: 37.46 (-0.88), ARCB: 17.41 (-0.61), DAL: 36.39 (-3.09), DRH: 9.64 (-0.23), EGHT: 13.58 (-0.41)
DiamondRock Completes Sale Of Hilton Garden Inn Chelsea / New York City And Provides Update On Recent Dispositions
PR Newswire - Thu Jul 14, 8:00AM CDT
DiamondRock Hospitality Company (the "Company"
(NYSE: DRH) announced today that it completed the sale of the 169-room Hilton Garden Inn Chelsea / New York City for $65 million to an affiliate of a China-based entity. The sale price represents a 13.5x multiple on the Hotel's adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA" for the trailing 12-month period ended March 31, 2016 and a 6.6% capitalization rate on the Hotel's net operating income ("NOI" for the trailing 12-month period ended March 31, 2016. Additionally, the hotel is subject to a property improvement plan by Hilton that requires a corridor and rooms renovation. JLL served as the broker on this transaction and conducted a full marketing process.
DRH: 9.64 (-0.23)
SmarTrend Watching for Potential Rebound in Shares of DiamondRock Hospitality After 4.94% Loss
Comtex SmarTrend(R) - Wed Jul 13, 2:03PM CDT
DiamondRock Hospitality (NYSE
RH) traded in a range yesterday that spanned from a low of $9.20 to a high of $9.77. Yesterday, the shares fell 4.9%, which took the trading range below the 3-day low of $9.23 on volume of 1.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
DRH: 9.64 (-0.23)
DiamondRock Hospitality Announces Second Quarter 2016 Earnings Release and Conference Call
PR Newswire - Wed Jul 06, 8:00AM CDT
DiamondRock Hospitality Company (the "Company" (NYSE: DRH) will report financial results for the second quarter 2016 on Friday, August 5th, 2016 before the market opens. A conference call for investors and other interested parties is scheduled for the same day at 9:00 a.m. Eastern Time (ET). The information to be discussed on the call will be contained in the Company's earnings release, which will be available in the Investor Relations section of the Company's website at www.drhc.com.
DRH: 9.64 (-0.23)
After Yesterday's Rally of 4.99% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Jun 15, 4:16PM CDT
DiamondRock Hospitality (NYSERH) traded in a range yesterday that spanned from a low of $8.97 to a high of $9.51. Yesterday, the shares gained 5.0%, which took the trading range above the 3-day high of $9.10 on volume of 757,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
DRH: 9.64 (-0.23)
DiamondRock Announces Second Quarter Dividend Of $0.125 Per Share
PR Newswire - Wed Jun 01, 3:30PM CDT
DiamondRock Hospitality Company (the "Company" (NYSE: DRH) announced today that its Board of Directors declared a quarterly dividend of $0.125 per share to stockholders of record as of June 30, 2016. The dividend will be paid on July 12, 2016.
DRH: 9.64 (-0.23)
Diamondrock Hospitality Pays Off $48M Mortgage Loan
Zacks Equity Research - Zacks Investment Research - Tue May 17, 6:35AM CDT
Diamondrock Hospitality Co.(DRH) announced the full repayment of the mortgage loan secured by Courtyard Manhattan Fifth Avenue.
WSR: 15.46 (-0.33), GLPI: 35.41 (-0.46), DRH: 9.64 (-0.23), BOXC: 21.83 (-0.26)
DiamondRock Hospitality Company Reports First Quarter 2016 Results
PR Newswire - Fri May 06, 7:00AM CDT
DiamondRock Hospitality Company (the "Company" (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 29 premium hotels in the United States, today announced results of operations for the quarter ended March 31, 2016.
DRH: 9.64 (-0.23)
DiamondRock Hospitality Announces First Quarter 2016 Earnings Release And Conference Call
PR Newswire - Mon Apr 04, 3:15PM CDT
DiamondRock Hospitality Company (the "Company" (NYSE: DRH) will report financial results for the first quarter 2016 on Friday, May 6, 2016 before the market opens. A conference call for investors and other interested parties is scheduled for the same day at 10:00 a.m. Eastern Time (ET). The information to be discussed on the call will be contained in the Company's earnings release, which will be available in the Investor Relations section of the Company's website at www.drhc.com.
DRH: 9.64 (-0.23)
DiamondRock Announces First Quarter Dividend Of $0.125 Per Share
PR Newswire - Mon Mar 14, 3:30PM CDT
DiamondRock Hospitality Company (the "Company" (NYSE: DRH) announced today that its Board of Directors declared a quarterly dividend of $0.125 per share to stockholders of record as of March 31, 2016. The dividend will be paid on April 12, 2016.
DRH: 9.64 (-0.23)
DiamondRock Hospitality Up 13.2% Since SmarTrend Uptrend Call (DRH)
Comtex SmarTrend(R) - Tue Mar 08, 10:26AM CST
SmarTrend identified an Uptrend for DiamondRock Hospitality (NYSERH) on February 22nd, 2016 at $8.69. In approximately 2 weeks, DiamondRock Hospitality has returned 13.18% as of today's recent price of $9.83.
DRH: 9.64 (-0.23)
What These Hotel REITs are all About? - DRH, LHO, FCH, and RLJ
ACCESSWIRE - Tue Mar 08, 7:02AM CST
NEW YORK, NY / ACCESSWIRE / March 8, 2016 / While global market volatility continues to challenge investors, the outlook for Hotel REITs in 2016 remains on an optimistic level. Today, ValuableInvestment.com takes a closer look at four names in this industry: Diamondrock Hospitality Co. (NYSE: DRH), LaSalle Hotel Properties (NYSE: LHO), FelCor Lodging Trust Inc. (NYSE: FCH), and RLJ Lodging Trust (NYSE: RLJ). Find out more on these stocks by signing up for your complimentary daily alerts at:
FCH: 6.29 (unch), LHO: 26.92 (-0.56), RLJ: 23.34 (-0.45), DRH: 9.64 (-0.23)
DiamondRock Hospitality Has Returned 24.5% Since SmarTrend Recommendation (DRH)
Comtex SmarTrend(R) - Fri Feb 05, 5:51PM CST
SmarTrend identified a Downtrend for DiamondRock Hospitality (NYSERH) on November 6th, 2015 at $10.90. In approximately 3 months, DiamondRock Hospitality has returned 24.50% as of today's recent price of $8.23.
DRH: 9.64 (-0.23)
DiamondRock Hospitality Down 23.4% Since SmarTrend Downtrend Call (DRH)
Comtex SmarTrend(R) - Fri Jan 29, 5:09PM CST
SmarTrend identified a Downtrend for DiamondRock Hospitality (NYSERH) on November 6th, 2015 at $10.90. In approximately 3 months, DiamondRock Hospitality has returned 23.44% as of today's recent price of $8.35.
DRH: 9.64 (-0.23)
DiamondRock Hospitality Company Announces Tax Treatment Of Its 2015 Dividends
PR Newswire - Fri Jan 29, 7:30AM CST
DiamondRock Hospitality Company (the "Company" (NYSE: DRH) announced today the following tax treatment of its 2015 distributions to shareholders.
DRH: 9.64 (-0.23)
Shares of DRH Down 24.4% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Fri Jan 22, 12:36PM CST
SmarTrend identified a Downtrend for DiamondRock Hospitality (NYSERH) on November 6th, 2015 at $10.90. In approximately 3 months, DiamondRock Hospitality has returned 24.36% as of today's recent price of $8.25.
DRH: 9.64 (-0.23)
DiamondRock Hospitality Announces Fourth Quarter 2015 Earnings Release And Conference Call
PR Newswire - Fri Jan 22, 6:00AM CST
DiamondRock Hospitality Company (the "Company" (NYSE: DRH) will report financial results for the fourth quarter 2015 on Tuesday, February 23, 2016 before the market opens. A conference call for investors and other interested parties is scheduled for the same day at 10:00 a.m. Eastern Time (ET). The information to be discussed on the call will be contained in the Company's earnings release, which will be available in the Investor Relations section of the Company's website at www.drhc.com.
DRH: 9.64 (-0.23)
DiamondRock repays mortgage loan on Chicago Marriott property
M2 - Tue Jan 19, 7:54AM CST
DiamondRock Hospitality Company (NYSE: DRH) has prepaid the USD201.7 million mortgage loan secured by the Chicago Marriott Downtown Magnificent Mile, saving USD2.7 million in interest, the company said. The company funded the prepayment with proceeds from the 4.36 percent fixed interest rate, 10-year loan placed on the Boston Westin Waterfront Hotel in October 2015, as well as a portion of a USD60 million draw on its senior unsecured credit facility. The mortgage was scheduled to mature in April 2016 and the prepayment will save the company approximately USD2.7 million in net interest expense. This transaction lowers the company's weighted average interest rate by 32 basis points to 4.08 percent. After the completion of the prepayment, 18 of the company's 29 hotels are unencumbered by property-specific mortgage debt. Moreover, the company only has one remaining debt maturity in 2016, which is the USD48 million mortgage loan secured by the Courtyard New York Manhattan on Fifth Avenue. The company expects to refinance this loan during the first half of 2016. Following this refinancing, the company will have completed its comprehensive refinancing plan to ladder its debt maturities and lower its overall borrowing costs. DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The company owns 29 premium quality hotels.
DRH: 9.64 (-0.23)
DiamondRock Hospitality Shares Down 23.6% Since SmarTrend's Sell Call (DRH)
Comtex SmarTrend(R) - Thu Jan 14, 7:23PM CST
SmarTrend identified a Downtrend for DiamondRock Hospitality (NYSERH) on November 6th, 2015 at $10.90. In approximately 2 months, DiamondRock Hospitality has returned 23.58% as of today's recent price of $8.33.
DRH: 9.64 (-0.23)
New Strong Sell Stocks for August 1st
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 8:58AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Monday
AKAM: 49.96 (-0.64), CAI: 8.29 (-0.07), CEB: 60.56 (+0.22), CUB: 41.69 (-1.04), DRH: 9.64 (-0.23)
New Strong Sell Stocks for July 19th
Zacks Equity Research - Zacks Investment Research - Tue Jul 19, 8:04AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Tuesday
SATS: 37.46 (-0.88), ARCB: 17.41 (-0.61), DAL: 36.39 (-3.09), DRH: 9.64 (-0.23), EGHT: 13.58 (-0.41)
DiamondRock Completes Sale Of Hilton Garden Inn Chelsea / New York City And Provides Update On Recent Dispositions
PR Newswire - Thu Jul 14, 8:00AM CDT
DiamondRock Hospitality Company (the "Company"
(NYSE: DRH) announced today that it completed the sale of the 169-room Hilton Garden Inn Chelsea / New York City for $65 million to an affiliate of a China-based entity. The sale price represents a 13.5x multiple on the Hotel's adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA" for the trailing 12-month period ended March 31, 2016 and a 6.6% capitalization rate on the Hotel's net operating income ("NOI" for the trailing 12-month period ended March 31, 2016. Additionally, the hotel is subject to a property improvement plan by Hilton that requires a corridor and rooms renovation. JLL served as the broker on this transaction and conducted a full marketing process. DRH: 9.64 (-0.23)
SmarTrend Watching for Potential Rebound in Shares of DiamondRock Hospitality After 4.94% Loss
Comtex SmarTrend(R) - Wed Jul 13, 2:03PM CDT
DiamondRock Hospitality (NYSE
RH) traded in a range yesterday that spanned from a low of $9.20 to a high of $9.77. Yesterday, the shares fell 4.9%, which took the trading range below the 3-day low of $9.23 on volume of 1.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. DRH: 9.64 (-0.23)
DiamondRock Hospitality Announces Second Quarter 2016 Earnings Release and Conference Call
PR Newswire - Wed Jul 06, 8:00AM CDT
DiamondRock Hospitality Company (the "Company"
(NYSE: DRH) will report financial results for the second quarter 2016 on Friday, August 5th, 2016 before the market opens. A conference call for investors and other interested parties is scheduled for the same day at 9:00 a.m. Eastern Time (ET). The information to be discussed on the call will be contained in the Company's earnings release, which will be available in the Investor Relations section of the Company's website at www.drhc.com. DRH: 9.64 (-0.23)
After Yesterday's Rally of 4.99% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Jun 15, 4:16PM CDT
DiamondRock Hospitality (NYSE
RH) traded in a range yesterday that spanned from a low of $8.97 to a high of $9.51. Yesterday, the shares gained 5.0%, which took the trading range above the 3-day high of $9.10 on volume of 757,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. DRH: 9.64 (-0.23)
DiamondRock Announces Second Quarter Dividend Of $0.125 Per Share
PR Newswire - Wed Jun 01, 3:30PM CDT
DiamondRock Hospitality Company (the "Company"
(NYSE: DRH) announced today that its Board of Directors declared a quarterly dividend of $0.125 per share to stockholders of record as of June 30, 2016. The dividend will be paid on July 12, 2016. DRH: 9.64 (-0.23)
Diamondrock Hospitality Pays Off $48M Mortgage Loan
Zacks Equity Research - Zacks Investment Research - Tue May 17, 6:35AM CDT
Diamondrock Hospitality Co.(DRH) announced the full repayment of the mortgage loan secured by Courtyard Manhattan Fifth Avenue.
WSR: 15.46 (-0.33), GLPI: 35.41 (-0.46), DRH: 9.64 (-0.23), BOXC: 21.83 (-0.26)
DiamondRock Hospitality Company Reports First Quarter 2016 Results
PR Newswire - Fri May 06, 7:00AM CDT
DiamondRock Hospitality Company (the "Company"
(NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 29 premium hotels in the United States, today announced results of operations for the quarter ended March 31, 2016. DRH: 9.64 (-0.23)
DiamondRock Hospitality Announces First Quarter 2016 Earnings Release And Conference Call
PR Newswire - Mon Apr 04, 3:15PM CDT
DiamondRock Hospitality Company (the "Company"
(NYSE: DRH) will report financial results for the first quarter 2016 on Friday, May 6, 2016 before the market opens. A conference call for investors and other interested parties is scheduled for the same day at 10:00 a.m. Eastern Time (ET). The information to be discussed on the call will be contained in the Company's earnings release, which will be available in the Investor Relations section of the Company's website at www.drhc.com. DRH: 9.64 (-0.23)
DiamondRock Announces First Quarter Dividend Of $0.125 Per Share
PR Newswire - Mon Mar 14, 3:30PM CDT
DiamondRock Hospitality Company (the "Company"
(NYSE: DRH) announced today that its Board of Directors declared a quarterly dividend of $0.125 per share to stockholders of record as of March 31, 2016. The dividend will be paid on April 12, 2016. DRH: 9.64 (-0.23)
DiamondRock Hospitality Up 13.2% Since SmarTrend Uptrend Call (DRH)
Comtex SmarTrend(R) - Tue Mar 08, 10:26AM CST
SmarTrend identified an Uptrend for DiamondRock Hospitality (NYSE
RH) on February 22nd, 2016 at $8.69. In approximately 2 weeks, DiamondRock Hospitality has returned 13.18% as of today's recent price of $9.83. DRH: 9.64 (-0.23)
What These Hotel REITs are all About? - DRH, LHO, FCH, and RLJ
ACCESSWIRE - Tue Mar 08, 7:02AM CST
NEW YORK, NY / ACCESSWIRE / March 8, 2016 / While global market volatility continues to challenge investors, the outlook for Hotel REITs in 2016 remains on an optimistic level. Today, ValuableInvestment.com takes a closer look at four names in this industry: Diamondrock Hospitality Co. (NYSE: DRH), LaSalle Hotel Properties (NYSE: LHO), FelCor Lodging Trust Inc. (NYSE: FCH), and RLJ Lodging Trust (NYSE: RLJ). Find out more on these stocks by signing up for your complimentary daily alerts at:
FCH: 6.29 (unch), LHO: 26.92 (-0.56), RLJ: 23.34 (-0.45), DRH: 9.64 (-0.23)
DiamondRock Hospitality Has Returned 24.5% Since SmarTrend Recommendation (DRH)
Comtex SmarTrend(R) - Fri Feb 05, 5:51PM CST
SmarTrend identified a Downtrend for DiamondRock Hospitality (NYSE
RH) on November 6th, 2015 at $10.90. In approximately 3 months, DiamondRock Hospitality has returned 24.50% as of today's recent price of $8.23. DRH: 9.64 (-0.23)
DiamondRock Hospitality Down 23.4% Since SmarTrend Downtrend Call (DRH)
Comtex SmarTrend(R) - Fri Jan 29, 5:09PM CST
SmarTrend identified a Downtrend for DiamondRock Hospitality (NYSE
RH) on November 6th, 2015 at $10.90. In approximately 3 months, DiamondRock Hospitality has returned 23.44% as of today's recent price of $8.35. DRH: 9.64 (-0.23)
DiamondRock Hospitality Company Announces Tax Treatment Of Its 2015 Dividends
PR Newswire - Fri Jan 29, 7:30AM CST
DiamondRock Hospitality Company (the "Company"
(NYSE: DRH) announced today the following tax treatment of its 2015 distributions to shareholders. DRH: 9.64 (-0.23)
Shares of DRH Down 24.4% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Fri Jan 22, 12:36PM CST
SmarTrend identified a Downtrend for DiamondRock Hospitality (NYSE
RH) on November 6th, 2015 at $10.90. In approximately 3 months, DiamondRock Hospitality has returned 24.36% as of today's recent price of $8.25. DRH: 9.64 (-0.23)
DiamondRock Hospitality Announces Fourth Quarter 2015 Earnings Release And Conference Call
PR Newswire - Fri Jan 22, 6:00AM CST
DiamondRock Hospitality Company (the "Company"
(NYSE: DRH) will report financial results for the fourth quarter 2015 on Tuesday, February 23, 2016 before the market opens. A conference call for investors and other interested parties is scheduled for the same day at 10:00 a.m. Eastern Time (ET). The information to be discussed on the call will be contained in the Company's earnings release, which will be available in the Investor Relations section of the Company's website at www.drhc.com. DRH: 9.64 (-0.23)
DiamondRock repays mortgage loan on Chicago Marriott property
M2 - Tue Jan 19, 7:54AM CST
DiamondRock Hospitality Company (NYSE: DRH) has prepaid the USD201.7 million mortgage loan secured by the Chicago Marriott Downtown Magnificent Mile, saving USD2.7 million in interest, the company said. The company funded the prepayment with proceeds from the 4.36 percent fixed interest rate, 10-year loan placed on the Boston Westin Waterfront Hotel in October 2015, as well as a portion of a USD60 million draw on its senior unsecured credit facility. The mortgage was scheduled to mature in April 2016 and the prepayment will save the company approximately USD2.7 million in net interest expense. This transaction lowers the company's weighted average interest rate by 32 basis points to 4.08 percent. After the completion of the prepayment, 18 of the company's 29 hotels are unencumbered by property-specific mortgage debt. Moreover, the company only has one remaining debt maturity in 2016, which is the USD48 million mortgage loan secured by the Courtyard New York Manhattan on Fifth Avenue. The company expects to refinance this loan during the first half of 2016. Following this refinancing, the company will have completed its comprehensive refinancing plan to ladder its debt maturities and lower its overall borrowing costs. DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The company owns 29 premium quality hotels.
DRH: 9.64 (-0.23)
DiamondRock Hospitality Shares Down 23.6% Since SmarTrend's Sell Call (DRH)
Comtex SmarTrend(R) - Thu Jan 14, 7:23PM CST
SmarTrend identified a Downtrend for DiamondRock Hospitality (NYSE
RH) on November 6th, 2015 at $10.90. In approximately 2 months, DiamondRock Hospitality has returned 23.58% as of today's recent price of $8.33. DRH: 9.64 (-0.23)
