Robert W. Baird analyst Michael Bellisario maintained a Buy rating on Diamondrock (NYSE:DRH) on Thursday, setting a price target of $11, which is approximately 28.35% above the present share price of $8.57.
Bellisario expects Diamondrock to post earnings per share (EPS) of -$0.10 for the third quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Hold rating of shares in Diamondrock, with an average price target of $10.32.
The analysts price targets range from a high of $11 to a low of $8.5.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $124.79 million and a net profit of -$7.13 million. The company's market cap is $1.81 billion.
According to TipRanks.com, Robert W. Baird analyst Michael Bellisario is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.4% and a 58.56% 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.