DiamondRock Hospitality Future Growth

Future criteria checks 1/6

DiamondRock Hospitality is forecast to grow earnings and revenue by 12.9% and 3% per annum respectively. EPS is expected to grow by 10.2% per annum. Return on equity is forecast to be 6.3% in 3 years.

Key information

12.9%

Earnings growth rate

10.2%

EPS growth rate

Hotel and Resort REITs earnings growth	6.9%
Revenue growth rate	3.0%
Future return on equity	6.3%
Analyst coverage	Good
Last updated	22 Apr 2024

Recent future growth updates

Recent updates

DiamondRock Hospitality: Preferred Stock Offers A 7.1% Yield-To-Call For 18 Months

Feb 01

DiamondRock Hospitality: Undervalued Thanks To Room Pricing Strategies And Hotel Enhancements

Aug 16

DiamondRock Hospitality FFO of $0.23 beats by $0.02, revenue of $255.1M beats by $3.56M

Feb 21

DiamondRock Hospitality prelim Q4 comparable revenue up 23% on strong travel demand

Jan 11

DiamondRock Hospitality: Low LTV Ratio Makes 7.6% Yielding Preferreds Appealing

Dec 28

DiamondRock Hospitality declares $0.03 dividend

Dec 07

DiamondRock Hospitality FFO of $0.28 beats by $0.02, revenue of $268.21M beats by $9.11M

Nov 03

We think DiamondRock Hospitality Company's (NYSE:DRH) CEO May Struggle To See Much Of A Pay Rise This Year

Apr 29

Diamond Rock Hospitality named a 'Fresh Pick' at Baird as recovery unfolds

Apr 26

Have DiamondRock Hospitality Company (NYSE:DRH) Insiders Been Selling Their Stock?

Mar 11

Should You Review Recent Insider Transactions At DiamondRock Hospitality Company (NYSE:DRH)?

Feb 06

Earnings and Revenue Growth Forecasts

NYSE:DRH - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,161	116	N/A	N/A	1
12/31/2025	1,146	100	112	240	11
12/31/2024	1,114	88	107	224	11
12/31/2023	1,075	77	238	238	N/A
9/30/2023	1,066	84	233	233	N/A
6/30/2023	1,058	85	245	245	N/A
3/31/2023	1,048	99	251	251	N/A
12/31/2022	1,002	100	206	206	N/A
9/30/2022	936	78	178	178	N/A
6/30/2022	848	48	110	110	N/A
3/31/2022	691	-24	46	46	N/A
12/31/2021	567	-204	-2	-2	N/A
9/30/2021	436	-409	-51	-51	N/A
6/30/2021	307	-485	-100	-100	N/A
3/31/2021	202	-536	-129	-129	N/A
12/31/2020	299	-398	-84	-84	N/A
9/30/2020	478	-54	3	3	N/A
6/30/2020	668	38	92	92	N/A
3/31/2020	906	140	182	182	N/A
12/31/2019	938	183	193	193	N/A
9/30/2019	924	73	203	203	N/A
6/30/2019	905	93	230	230	N/A
3/31/2019	885	92	206	206	N/A
12/31/2018	864	88	218	218	N/A
9/30/2018	847	89	205	205	N/A
6/30/2018	850	79	187	187	N/A
3/31/2018	855	87	211	211	N/A
12/31/2017	870	92	202	202	N/A
9/30/2017	870	91	N/A	210	N/A
6/30/2017	866	99	N/A	204	N/A
3/31/2017	880	107	N/A	211	N/A
12/31/2016	897	115	N/A	216	N/A
9/30/2016	924	117	N/A	222	N/A
6/30/2016	942	111	N/A	222	N/A
3/31/2016	935	92	N/A	223	N/A
12/31/2015	931	86	N/A	228	N/A
9/30/2015	921	124	N/A	222	N/A
6/30/2015	912	143	N/A	214	N/A
3/31/2015	892	170	N/A	203	N/A
12/31/2014	873	163	N/A	180	N/A
9/30/2014	851	107	N/A	159	N/A
6/30/2014	826	70	N/A	156	N/A
3/31/2014	814	33	N/A	136	N/A
12/31/2013	800	24	N/A	144	N/A
9/30/2013	842	31	N/A	149	N/A
6/30/2013	821	-7	N/A	127	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DRH's forecast earnings growth (12.9% per year) is above the savings rate (2.4%).

Earnings vs Market: DRH's earnings (12.9% per year) are forecast to grow slower than the US market (14.1% per year).

High Growth Earnings: DRH's earnings are forecast to grow, but not significantly.

Revenue vs Market: DRH's revenue (3% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: DRH's revenue (3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: DRH's Return on Equity is forecast to be low in 3 years time (6.3%).

DiamondRock Hospitality Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

DiamondRock Hospitality Company Provides Earnings Guidance for the Year 2024

Consensus EPS estimates increase by 12%

Consensus EPS estimates increase to -US$0.94

Consensus forecasts updated

Price target raised to US$9.37

Recent updates

DiamondRock Hospitality Company Announces Chief Executive Officer Changes

Now 21% overvalued after recent price rise

DiamondRock Hospitality Company, Annual General Meeting, May 01, 2024

Now 21% overvalued after recent price rise

Upcoming dividend of US$0.03 per share

DiamondRock Hospitality Company to Report Q1, 2024 Results on May 02, 2024

Fourth quarter dividend of US$0.03 announced

Diamondrock Hospitality Company Declares Quarterly Cash Dividend, Payable on April 12, 2024

Full year 2023 earnings: EPS misses analyst expectations

DiamondRock Hospitality Company Provides Earnings Guidance for the Year 2024

DiamondRock Hospitality: Preferred Stock Offers A 7.1% Yield-To-Call For 18 Months

Now 23% overvalued after recent price rise

Upcoming dividend of US$0.03 per share at 1.3% yield

DiamondRock Hospitality Company to Report Q4, 2023 Results on Feb 22, 2024

DiamondRock Hospitality Company Declares Cash Dividend for Fourth Quarter of 2023, Payable on January 11, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

Upcoming dividend of US$0.03 per share at 1.5% yield

DiamondRock Hospitality Company to Report Q3, 2023 Results on Nov 01, 2023

Diamondrock Hospitality Company Declares Cash Dividend, Payable on October 12, 2023

DiamondRock Hospitality: Undervalued Thanks To Room Pricing Strategies And Hotel Enhancements

New major risk - Financial position

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

DiamondRock Hospitality Company (NYSE:DRH) acquired Chico Hot Springs Resort, Inc. for $27 million.

Upcoming dividend of US$0.03 per share at 1.5% yield

DiamondRock Hospitality Company to Report Q2, 2023 Results on Aug 03, 2023

DiamondRock Hospitality Company Declares Cash Dividend for the Second Quarter of 2023, Payable on July 12, 2023

First quarter 2023 earnings released: EPS: US$0.032 (vs US$0.036 in 1Q 2022)

Consensus EPS estimates increase by 12%

Full year 2022 earnings: EPS misses analyst expectations

DiamondRock Hospitality FFO of $0.23 beats by $0.02, revenue of $255.1M beats by $3.56M

Co-Founder notifies of intention to sell stock

DiamondRock Hospitality prelim Q4 comparable revenue up 23% on strong travel demand

DiamondRock Hospitality: Low LTV Ratio Makes 7.6% Yielding Preferreds Appealing

Upcoming dividend of US$0.06 per share

DiamondRock Hospitality Company to Report Q4, 2022 Results on Feb 21, 2023

Diamondrock Hospitality Company Declares Dividend for Fourth Quarter 2022, Payable on January 12, 2023

DiamondRock Hospitality declares $0.03 dividend

Third quarter 2022 earnings released: FFO per share: US$0.3 (vs US$0.091 in 3Q 2021)

DiamondRock Hospitality FFO of $0.28 beats by $0.02, revenue of $268.21M beats by $9.11M

DiamondRock Hospitality Company (NYSE:DRH) announces an Equity Buyback for $200 million worth of its shares.

DiamondRock Hospitality announces $200M buyback plan

DiamondRock Hospitality: An 8.8% Yield To Call With The Preferred Shares

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.03 per share

DiamondRock Hospitality dips dividend -76% to $0.03/shares

DiamondRock Hospitality Company to Report Q3, 2022 Results on Nov 03, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

DiamondRock Hospitality Company Declares Quarterly Cash Dividend, Payable on October 12, 2022

DiamondRock Hospitality Company Appoints Justin Leonard as Executive Vice President and Chief Operating Officer, Effective July 18, 2022

DiamondRock Hospitality appoints Justin Leonard as EVP and COO

DiamondRock Hospitality Company to Report Q2, 2022 Results on Aug 03, 2022

DiamondRock Hospitality Company (NYSE:DRH) acquired The Kimpton Fort Lauderdale Beach Resort from Banyan Investment Group Inc. for $35.3 million.

DiamondRock Hospitality Company Reports Impairment Losses for the First Quarter Ended March 31, 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

DiamondRock Hospitality Company (NYSE:DRH) acquired The Kimpton Fort Lauderdale Beach Resort for $35.3 million.

DiamondRock Hospitality Company to Report Q1, 2022 Results on May 05, 2022

DiamondRock Hospitality Company Announces Management Changes

DiamondRock Hospitality Company, Annual General Meeting, May 03, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

DiamondRock Hospitality Company (NYSE:DRH) acquired Henderson Beach Resort for approximately $110 million.

Executive VP recently sold US$327k worth of stock

Third quarter 2021 earnings released: US$0.008 loss per share (vs US$0.40 loss in 3Q 2020)

Consensus EPS estimates increase to -US$0.94

Second quarter 2021 earnings released: FFO US$0.049 per share (vs US$0.22 loss in 2Q 2020)

Diamondrock Hospitality Company Announces Impairment for the Three Months Ended June 30, 2021

DiamondRock Hospitality Company Unveils Property-Wide Transformation of the Lodge At Sonoma Resort

DiamondRock Hospitality Company(NYSE:DRH) dropped from Russell 2000 Defensive Index

DiamondRock Hospitality: Upside Exists If You Can Handle The Risk

Consensus forecasts updated