DiamondRock Hospitality Company (NYSE:DRH) is now trading -51.15% off 52-week high price. On the other end, the stock has been noted 193.88% away from the low price over the last 52-weeks. The stock changed 8.68% to recent value of $5.76. The stock transacted 2155668 shares during most recent day however it has an average volume of 2.80M shares. The company has 200.80M of outstanding shares and 196.00M shares were floated in the market.

On Sept. 14, 2020, DiamondRock Hospitality Company (NYSE:DRH) declared that its Board of Directors has declared a dividend of $0.1776 per share on its 8.250% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on September 30, 2020 to shareholders of record as of September 20, 2020.  This first dividend on the Series A Cumulative Redeemable Preferred Stock will be a pro rata dividend from, and including, the original issue date to, and including, September 30, 2020.

About the Company

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations.  The Company owns 31 premium quality hotels with over 10,000 rooms.  The Company has strategically positioned its hotels to be operated both under leading global brand families such as Hilton and Marriott as well as unique boutique hotels in the lifestyle segment.

Its earnings per share (EPS) expected to touch remained 112.40% for this year while earning per share for the next 5-years is expected to reach at -9.50%. DRH has a gross margin of 15.60% and an operating margin of 15.10% while its profit margin remained 5.70% for the last 12 months.

The price moved ahead of 7.86% from the mean of 20 days, 10.97% from mean of 50 days SMA and performed -17.95% from mean of 200 days price. Company’s performance for the week was -0.52%, 7.06% for month and YTD performance remained -48.01%.