DiamondRock Hospitality stock rises 1.47 percent after earnings beat
Published on 09/25/2026 at 10:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
DiamondRock Hospitality stock (DRH) rose 1.47 percent to USD 12.42 in Nasdaq trading on September 24, 2026, giving the hotel REIT a market capitalization of USD 2.54 billion. The move follows second-quarter results that showed earnings power above expectations and a higher shareholder distribution.
Second quarter beats consensus
DiamondRock reported second-quarter 2026 earnings per share of USD 0.44 against consensus of USD 0.22, a USD 0.22 beat, while revenue reached USD 318.29 million. Revenue increased 4.1 percent from the same quarter a year earlier, according to MarketBeat.
The earnings comparison is the central operating signal: reported EPS was 100 percent above consensus and exceeded the USD 0.35 earned in the comparable prior-year quarter. DiamondRock also set fiscal 2026 EPS guidance at USD 1.18 to USD 1.23, according to MarketBeat.
Dividend rises to USD 0.11
The quarterly common dividend increased from USD 0.09 to USD 0.11 per share. The September 30, 2026 record date and October 14, 2026 payment date give the distribution a defined near-term timetable, while the annualized dividend reaches USD 0.44 per share.
Truist Financial raised its price target from USD 12 to USD 15 and maintained a Buy rating on September 10, 2026, according to MarketBeat. Stifel kept a Hold rating and lifted its target from USD 13.25 to USD 13.50 on September 15, 2026, as reported by Moomoo.
Stock remains below yearly high
At USD 12.42, DiamondRock trades USD 1.37 below its 52-week high of USD 13.79 and USD 4.94 above its 52-week low of USD 7.48, based on the September 24, 2026 market snapshot. The valuation now reflects both the earnings beat and the higher dividend, while the next scheduled quarterly report is set for November 3, 2026 after the market closes.
DiamondRock Hospitality at a glance
- Company: DiamondRock Hospitality Company
- Ticker: DRH
- Trading venue: Nasdaq
- Price as of September 24, 2026: USD 12.42
- Market capitalization: USD 2,541,202,558 as of September 24, 2026
- 52-week range: USD 7.48 to USD 13.79 as of September 24, 2026
- Sector / Industry: Real Estate / REIT - Hotel and Motel
