Morgan Stanley lifts target for DiamondRock Hospitality stock to USD 12.00
Published on 10/15/2026 at 19:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and operating data
- Morgan Stanley raised its target to USD 12.00 on October 12, 2026.
- Second-quarter revenue reached USD 318.29 million, up 4.10 percent year over year.
- DiamondRock Hospitality stock costs EUR 11.85 at Lang & Schwarz on October 15, 2026 at 7:38 p.m. CEST, plus 2.16 percent versus the Frankfurt close of October 14, 2026.
- The next earnings call is scheduled for November 4, 2026.
Morgan Stanley raised its DiamondRock Hospitality price target from USD 11.00 to USD 12.00 in a note dated October 12, 2026, while maintaining an Equal Weight rating, according to MarketBeat. The target is 9.71 percent below DiamondRock's USD 13.29 NYSE price as of October 15, 2026, while the euro quote stood at EUR 11.85 at Lang & Schwarz at 7:38 p.m. CEST, up 2.16 percent versus the Frankfurt close of October 14, 2026.
Second-quarter revenue reached USD 318.29 million
DiamondRock's second-quarter 2026 revenue reached USD 318.29 million, up 4.10 percent from the year-earlier quarter. The company also reported quarterly earnings per share of USD 0.44 against a USD 0.22 consensus estimate, according to MarketBeat.
Price remains below the yearly high
On the NYSE, DiamondRock traded at USD 13.29 at 1:44 p.m. ET on October 15, 2026. Its 52-week range was USD 7.58 to USD 13.79, leaving the stock 3.63 percent below the high. Trading volume reached 1,205,498 shares against an average of 2,871,487.
Valuation and next date
DiamondRock's market capitalization was USD 2.7 billion on October 15, 2026, and its price-to-earnings ratio was 18.20. The next earnings call is scheduled for November 4, 2026, at 10:00 a.m. EST, according to the DiamondRock Hospitality investor calendar.
Comparison with peers
As of October 15, 2026:
DiamondRock Hospitality: plus 2.16 percent, P/E 18.20, market capitalization USD 2.7 billion
Host Hotels & Resorts (NYSE, USD): plus 3.84 percent, P/E 16.19, market capitalization USD 16.3 billion
Park Hotels & Resorts (NYSE, USD): plus 3.20 percent, P/E minus 19.07, market capitalization USD 3.1 billion
Euro quote after the Xetra session
For German investors, the euro quotation places DiamondRock at EUR 11.85 at Lang & Schwarz on October 15, 2026 at 7:38 p.m. CEST, plus 2.16 percent versus the Frankfurt close of October 14, 2026. The move leaves the euro price 3.63 percent below the USD 13.79 yearly high when viewed against the home-market quotation.
The further course of trading is shown by the continuously updated real-time quote of DiamondRock Hospitality stock.
DiamondRock Hospitality market data
- Company: DiamondRock Hospitality Company
- ISIN: US2527843013
- Ticker: DRH
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 7:38 p.m. CEST): EUR 11.85
- Change versus Frankfurt close: plus 2.16 percent
- Frankfurt close (October 14, 2026): EUR 11.60
- Market capitalization: USD 2.7 billion (as of October 15, 2026)
- 52-week range: USD 7.58-13.79
- Sector / Industry: Real Estate / Hotel and Motel REIT
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
