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DiamondRock Hospitality Company (NYSE:DRH)‘s stock had its “market outperform” rating reiterated by stock analysts at JMP Securities in a report issued on Tuesday, American Banking News reports. They currently have a $14.00 price objective on the stock, down from their previous price objective of $15.00. JMP Securities’ price target suggests a potential upside of 13.54% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at MLV & Co
raised their price target on shares of DiamondRock Hospitality Company to $14.00 in a research note on Tuesday. Separately, analysts at Bank of America downgraded shares of DiamondRock Hospitality Company from a “neutral” rating to an “underperform” rating in a research note on Wednesday, March 12th. They now have a $13.00 price target on the stock. Finally, analysts at Robert W. Baird raised their price target on shares of DiamondRock Hospitality Company from $12.00 to $13.00 in a research note on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $12.51.

DiamondRock Hospitality Company (NYSE:DRH) traded down 1.58% on Tuesday, hitting $12.135. The stock had a trading volume of 686,425 shares. DiamondRock Hospitality Company has a 52-week low of $8.67 and a 52-week high of $12.76. The stock’s 50-day moving average is $12.05 and its 200-day moving average is $11.79. The company has a market cap of $2.372 billion and a P/E ratio of 49.52.

DiamondRock Hospitality Company (NYSE:DRH) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.01. The company had revenue of $190.08 million for the quarter, compared to the consensus estimate of $189.25 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, analysts predict that DiamondRock Hospitality Company will post $0.88 earnings per share for the current fiscal year.

DiamondRock Hospitality Company is a lodging-focused Maryland corporation operating as a real estate investment trust (NYSE:DRH).

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