The price of DRH is predicted to go up -0.11%, based on the high correlation periods with CLDT. The similarity of these two price pattern on the periods is 95.97%.
DRH
CLDT
Down: -0.11%Similarity: 95.97%
DRH Revenue Forecast
DRH EPS Forecast
DRH FAQs
What is bull’s view on DRH?
DiamondRock Hospitality (DRH) is currently trading at $9.05, with a reduced price target of $10.25 due to weaker group pace for 2025 and lowered RevPAR guidance, reflecting hurricane impacts and current trends. Analysts have downgraded the stock to Hold, citing cautious sentiment despite its stable FFO estimates. The stock's near-term upside appears limited unless there is a significant improvement in market conditions or operational metrics.
What is bear's view on DRH?
DRH stock is currently bearish, trading at $9.05, with a recent downgrade to "Hold" and a reduced price target of $10.25 due to weaker group pace for 2025 and lowered RevPAR guidance. Technical indicators show RSI at 41.04, suggesting neutral to weak momentum, with support at $8.75 and resistance at $9.11. The stock's outlook is further pressured by hurricane impacts and cautious analyst sentiment.
What is DRH revenue forecast for next quarter?
The market consensus for DRH's revenue in the upcoming quarter is projected to be approximately $262.617M USD.
Evercore ISI analyst Duane Pfennigwerth downgraded DiamondRock to In Line from Outperform with an unchanged price target of $10.50. DiamondRock reported group revenue pace of negative 3% year-over-year for 2025, noting a tough comp in convention markets of Chicago, Boston, and D.C., the analyst tells investors in a research note. The firm appreciates the company's increased focus on capital discipline and says it may look to revisit the shares as larger capital recycling opportunities emerge.