Diamondrock Hospitality Co Stock Price, News & Analysis

DiamondRock Hospitality (NYSE:DRH) announced it will redeem all 4,760,000 outstanding shares of its 8.250% Series A cumulative redeemable preferred stock on December 31, 2025 (Redemption Date).

The company intends to use approximately $121.5 million of cash on hand to pay the redemption price of $25.00 per share, plus accrued and unpaid dividends through but excluding the Redemption Date. The Board declared a quarterly dividend of $0.515625 per Series A share on November 19, 2025, payable December 31, 2025 to holders of record as of December 19, 2025. Beginning on the Redemption Date the Series A shares will no longer be outstanding and dividends will stop accruing.

Broadridge Corporate Issuer Solutions serves as redemption agent; investor questions may be directed to Broadridge at 1 (877) 830-4932.

DiamondRock Hospitality (NYSE:DRH) will voluntarily transfer the listing of its Class A common stock to the Nasdaq Global Select Market, expected to begin trading on December 1, 2025, under its existing DRH symbol.

The company said the move is intended to access Nasdaq's cost-effective exchange listing platform, trading advisory services, and enhanced marketing opportunities, and it thanked the NYSE for a 20-year partnership.

DiamondRock Hospitality (NYSE: DRH) reported Q3 2025 results on Nov 6, 2025, highlighting mixed operational and balance-sheet progress.

Key figures: Net income $20.1M (Q3), Adjusted EBITDA $79.1M (+2.7% YoY), Adjusted FFO/share $0.29 (+7.4% YoY). Portfolio metrics: Comparable RevPAR $214.21 (-0.3% YoY); Total RevPAR $323.29 (+1.5% YoY).

Balance sheet moves: upsized senior unsecured credit facility to $1.5B, repaid $220.1M of mortgages, resulting in a fully unencumbered portfolio; total debt $1.1B, cash ~$145.3M. Year-to-date share repurchases: 4.8M shares for ~$37.1M; remaining repurchase capacity ~$137M. 2025 guidance midpoint raised: Adjusted EBITDA +$6M, Adjusted FFO +$6.5M.

DiamondRock Hospitality Company (NYSE:DRH) amended and restated its senior unsecured credit facility, increasing capacity from $1.2 billion to $1.5 billion and extending maturities.

The Credit Facility now includes a $400M revolver maturing January 2031 (two six-month extension options), a $500M term loan maturing January 2029 (two six-month extensions), and two $300M term loans maturing January 2030 (one of which has two six-month extensions). Term loans are prepayable without penalty.

The company will use the incremental $300M to repay mortgage loans that matured or will mature in 2025, including the prior repayment of ~$125.0M in mortgages and a planned $166.6M prepayment in September 2025. After these actions, DiamondRock expects no debt maturities until January 2028 and a portfolio free of secured debt.

DiamondRock Hospitality (NYSE: DRH) has scheduled its third quarter 2025 earnings release and conference call. The company will release its financial results on Thursday, November 6, 2025 after market close, followed by a conference call on Friday, November 7, 2025, at 9:00 a.m. ET.

Participants can access the call through telephone and internet by registering via the provided link or visiting the investor relations website. A replay will be available on the company's website two hours after the live call.

DiamondRock Hospitality (NYSE:DRH), a lodging REIT owning 36 premium hotels in the US, reported Q2 2025 results with net income of $38.4 million ($0.18 per share), up 73.8% year-over-year. The company achieved comparable RevPAR of $226.95 (+0.1% YoY) and Total RevPAR of $350.00 (+1.1% YoY).

Key developments include completing a $1.5 billion refinancing of its senior unsecured credit facility with no debt maturities until 2028, and the repurchase of 3.6 million shares year-to-date at an average price of $7.64. The company increased its 2025 guidance midpoint for Adjusted EBITDA to $275-295 million and maintained Adjusted FFO per share guidance of $0.96-1.06.

DiamondRock Hospitality Company (NYSE: DRH) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results on Thursday, August 7, 2025 after market close, followed by a conference call on Friday, August 8, 2025, at 9:00 a.m. ET to discuss the results and business outlook.

Participants can access the call via telephone and internet by registering through the provided link or visiting investor.drhc.com. A replay will be available on the company's website two hours after the call concludes.

DiamondRock Hospitality Company (NYSE: DRH) reported its Q1 2025 results with mixed performance. Net income rose 59.3% to $9.4 million ($0.04 per share). Comparable RevPAR increased 2.0% to $186.20, while Comparable Hotel Adjusted EBITDA grew 2.2% to $61.3 million. The company completed the sale of Westin Washington D.C. City Center for $92.0 million and repurchased 2.1 million shares at $7.66 per share ($15.9 million total). Due to macroeconomic uncertainty, DRH revised its 2025 guidance, lowering RevPAR growth expectations by 200 basis points to -1.0% to 1.0%, though maintaining Adjusted FFO per share guidance at $0.94-$1.06. The company declared a quarterly dividend of $0.08 per common share.

DiamondRock Hospitality Company (NYSE: DRH) has scheduled its first quarter 2025 earnings release and conference call. The company will disclose its Q1 2025 financial results after market hours on Thursday, May 1, 2025, followed by a conference call on Friday, May 2, 2025 at 11:00 a.m. ET.

Interested participants can access the call details through a registration link available on the company's investor relations website. A replay of the conference call will be accessible on www.drhc.com for a time, starting two hours after the live call concludes.