Evercore ISI analyst Richard Hightower maintained a Sell rating on Diamondrock (NYSE:DRH) on Friday, setting a price target of $10.5, which is approximately 15.13% above the present share price of $9.12.
Hightower expects Diamondrock to post earnings per share (EPS) of -$0.82 for the third quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Diamondrock, with an average price target of $10.61.
The analysts price targets range from a high of $11 to a low of $9.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $72.94 million and a net profit of -$39.07 million. The company's market cap is $1.92 billion.
According to TipRanks.com, Evercore ISI analyst Richard Hightower is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 1.8% and a 51.35% success rate.
DiamondRock Hospitality Co. is a real estate investment trust which focuses on lodging properties. It engages in the acquisition, ownership, asset management, and renovation of hotels and resorts. The company was founded by Mark W. Brugger, William W. McCarten, and John L. Williams in July 2004 and is headquartered in Bethesda, MD.