Ladenburg Thalmann Reiterates Buy Rating on DiamondRock Hospitality

Ladenburg Thalmann has reiterated its 'buy' rating on DiamondRock Hospitality Company (NasdaqGS:DRH), setting a price target of $14. This update, announced on June 18, 2026, reflects continued confidence in the company's performance as its shares trade around $11.87.

Other Institutional Activity in DiamondRock Hospitality

BlackRock, Inc. increased its holdings in DiamondRock Hospitality by 73,729 shares, bringing its total to about 37.57 million shares valued at roughly $352.05 million. Vanguard Portfolio Management LLC made a significant move, adding 23.55 million shares to hold a total valued at approximately $220.69 million. Meanwhile, State Street Corp reduced its position by 268,940 shares, now holding 12.12 million shares worth about $114.60 million. Cohen & Steers, Inc. boosted its stake by 3.42 million shares, reaching 10.03 million shares valued at $93.98 million.

DiamondRock Hospitality Stock Snapshot

Shares of DiamondRock Hospitality traded near $11.87 on the NasdaqGS. The company has a market cap of about $2.43 billion and a P/E ratio of 25.8. It has a 52-week range between $7.45 and $12.12, with a 50-day moving average of $10.78 and a 200-day moving average of $9.39. The company's current ratio stands at 2.84, with a debt-to-equity ratio of 82.26.

Recent Earnings

DiamondRock Hospitality reported revenues of approximately $1.12 billion, marking a modest growth of 1.3%. The company's net margin is about 9.3%, with a return on equity of 6.9%. Earnings per share stand at $0.46, and the next earnings report is expected on August 6, 2026.

Dividend

The company pays an annual dividend rate of $0.36, yielding about 2.99%. Its dividend payout ratio is approximately 71.74%.

Insider Buying and Selling at DiamondRock Hospitality Company

On June 12, 2026, insider Kathleen Merrill sold 20,000 shares at an average price of $11.88. Earlier, on May 13, 2026, Michael Hartmeier sold another 20,000 shares at $10.46. Conversely, on May 4, 2026, insiders including Tabassum Zalotrawala and Timothy Chi each acquired 10,753 shares.

Analysts Set New Price Targets

On June 18, 2026, Ladenburg Thalmann maintained its 'buy' rating with a $14 price target. Other analysts, such as Barclays and Wells Fargo, have maintained 'hold' ratings with price targets of $12. Morgan Stanley has a 'hold' rating with a lower target of $9.60. The consensus among 13 analysts is a 'buy' recommendation with a mean target price of approximately $11.87.

About DiamondRock Hospitality Company

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a diverse portfolio of hotels across leisure destinations and major cities. Headquartered in Bethesda, Maryland, the company operates 34 premium hotels and resorts, with about 9,400 rooms. It focuses on both global brand families and independent boutique hotels in the lifestyle segment. The company was established in 2004 and is led by CEO Jeffrey John Donnelly.

Bottom Line

Ladenburg Thalmann's reiteration of a 'buy' rating underscores confidence in DiamondRock Hospitality's strategic positioning and market performance. Investors often track such analyst updates for insights into potential stock movements, though it's important to remember that these ratings reflect the analyst's view at the time of the report.