DiamondRock Hospitality Company (NYSE:DRH) registered a -3.98% decrease, still its new closing price is 54.37% up from the company’s 1 year high of 12.00.It posted -1.05% losses in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 14 stock analysts following this company have an average price target at $11.06, with individual PT in the $9.50-$13.00 range. The shares moved at $11.35, implying that brokerage firms see shares gaining about 44.14% in twelve months time.

DiamondRock Hospitality Company (DRH) SEC Form 4 News

The stock is getting much attention these days as insiders are offloading shares while they posted a -1.56% fall year to date. A EVP & CFO at DiamondRock Hospitality Company (DRH) offloaded shares in a transaction closed on Tuesday December 13, 2016. Mahoney Sean M sold 30,000 shares in the company at $11.45 each and collected $343,001 in proceeds. Mahoney Sean M now owns 397,744 shares in the company after this transaction. A EVP & General Counsel in the company, Tennis William J, disclosed a transaction on Tuesday March 24, 2015 that ended up generating $1,001 from the sale of 100 shares at $14.95 per share.

DiamondRock Hospitality Company (NYSE:DRH) Upcoming Results on Tap

DiamondRock Hospitality Company will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.29 in that period. Sales during the quarter are predicted to arrive at $197.82 million.

Earnings surprise history: Last quarter, the company posted approximately $220.24 million in revenue and EPS of $0.26. The mean forecast was for $225.05 million and $0.25 a share, respectively. One quarter earlier, revenue for the stock was at $256.7 million, with earnings at $0.31/share.

DiamondRock Hospitality Company (DRH) Brokerage Update

DiamondRock Hospitality Company (DRH) is in Morgan Stanley’s research list so their analyst rating change is noteworthy. These shares were downgraded to Underweight from Equal-Weight by Morgan Stanley, according to news reported on Monday September 26, 2016.Another important research note was issued by JMP Securities on Monday January 11, 2016.The firm downgraded DRH to Mkt Perform from Mkt Outperform. Over the last six months and over the last three months, the shares of DiamondRock Hospitality Company (DRH), have changed 18.52% and 27.78%, respectively.