diamondrock, a lodging-focused maryland corp. operates as a real estate investment trust (reit), owns a portfolio of 26 premium hotels & resorts containing ~9,500 rooms, concentrated in key gateway cities and destination resorts throughout north america and the u.s.v.i. our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. we strive to differentiate ourselves from peers by executing on three strategic principles: - maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry. - employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance. - preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns. as an owner, as opposed to an operator, we receive all operating profits
Company profile
Ticker
DRH
Exchange
Website
CEO
Mark Brugger
Employees
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Bloodstone TRS, Inc. • CPFB Holdings, LLC • CPFB Owner, LLC • CPFB Tenant, LLC • DiamondRock Acquisition, LLC • DiamondRock Alpharetta Owner, LLC • DiamondRock Alpharetta Tenant, LLC • DiamondRock AZ LA Owner, LLC • DiamondRock AZ LA Tenant, LLC • DiamondRock AZ OR Owner, LLC ...
DRH stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
15 Apr 24
8-K
Jeffrey Donnelly Appointed Chief Executive Officer; Briony Quinn Appointed Chief Financial Officer; Justin Leonard Appointed President
15 Apr 24
ARS
2023 FY
Annual report to shareholders
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
8-K
Departure of Directors or Certain Officers
25 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Diamondrock Hospitality Company Reports Fourth Quarter and Full Year 2023 Results
22 Feb 24
8-K
Investor Presentation January 2024 Tranquility Bay Beachfront Resort
22 Jan 24
8-K
Investor Presentation November 2023 Tranquility Bay Beachfront Resort
13 Nov 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
Transcripts
DRH
Earnings call transcript
2023 Q4
23 Feb 24
DRH
Earnings call transcript
2023 Q3
1 Nov 23
DRH
Earnings call transcript
2023 Q2
3 Aug 23
DRH
Earnings call transcript
2023 Q1
5 May 23
DRH
Earnings call transcript
2022 Q4
21 Feb 23
DRH
Earnings call transcript
2022 Q3
4 Nov 22
DRH
Earnings call transcript
2022 Q2
6 Aug 22
DRH
Earnings call transcript
2022 Q1
6 May 22
DRH
Earnings call transcript
2021 Q4
18 Feb 22
DRH
Earnings call transcript
2021 Q3
5 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 145.24 mm | 145.24 mm | 145.24 mm | 145.24 mm | 145.24 mm | 145.24 mm |
Cash burn (monthly) | (no burn) | 17.89 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 123.70 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 21.54 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 1.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 210 |
Opened positions | 19 |
Closed positions | 35 |
Increased positions | 76 |
Reduced positions | 91 |
13F shares | Current |
---|---|
Total value | 1.71 tn |
Total shares | 214.62 mm |
Total puts | 400.00 |
Total calls | 1.20 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 38.90 mm | $312.39 bn |
Vanguard | 36.46 mm | $292.76 bn |
FMR | 14.80 mm | $118.84 bn |
STT State Street | 13.60 mm | $109.63 bn |
Pzena Investment Management | 9.72 mm | $78.05 bn |
PFG Principal Financial Group Inc - Registered Shares | 8.89 mm | $71.37 bn |
MCQEF Macquarie | 7.27 mm | $58.41 bn |
JPM JPMorgan Chase & Co. | 5.65 mm | $45.33 bn |
IVZ Invesco | 5.46 mm | $43.81 bn |
Alyeska Investment | 4.84 mm | $38.89 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Feb 24 | Troy Furbay | Common stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 9.18 | 39,345 | 361.19 k | 576,454 |
27 Feb 24 | Troy Furbay | Common stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 47,205 | 0.00 | 615,799 |
27 Feb 24 | Briony R. Quinn | Common stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 9.18 | 12,090 | 110.99 k | 221,825 |
27 Feb 24 | Mark W Brugger | Common stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 9.18 | 146,171 | 1.34 mm | 2,421,510.78 |
27 Feb 24 | Mark W Brugger | Common stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 157,347 | 0.00 | 2,567,681.78 |
27 Feb 24 | William J Tennis | Common stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 9.18 | 37,631 | 345.45 k | 463,581 |
27 Feb 24 | William J Tennis | Common stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 34,093 | 0.00 | 501,212 |
27 Feb 24 | Jeffrey Donnelly | Common stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 9.18 | 52,292 | 480.04 k | 366,725 |
27 Feb 24 | Jeffrey Donnelly | Common stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 49,827 | 0.00 | 419,017 |
News
DiamondRock Hospitality Appoints Jeffrey Donnelly As CEO; Briony Quinn As CFO; Justin Leonard As President; Company Reaffirms 2024 Annual Guidance, Which Were Previously Announced In Its Earnings Press Release On February 22, 2024
15 Apr 24
Key Takeaways From Diamondrock Hospitality Analyst Ratings
14 Mar 24
Truist Securities Maintains Hold on Diamondrock Hospitality, Raises Price Target to $11
14 Mar 24
Assessing Diamondrock Hospitality: Insights From 4 Financial Analysts
23 Feb 24
Earnings Scheduled For February 22, 2024
22 Feb 24
Press releases
DiamondRock Hospitality Company Implements Leadership Changes and Simplified Organizational Structure
15 Apr 24
DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES RETIREMENT OF GENERAL COUNSEL
25 Mar 24
DIAMONDROCK HOSPITALITY ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL
14 Mar 24
DIAMONDROCK HOSPITALITY DECLARES DIVIDEND FOR FIRST QUARTER 2024
4 Mar 24
DIAMONDROCK HOSPITALITY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
22 Feb 24