Share on StockTwits

Shares of Diamond Resorts International (NASDAQ:DRII) have earned a consensus recommendation of “Buy” from the six ratings firms that are presently covering the company, AmericanBankingNews.com reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $26.00.

Several analysts have recently commented on the stock. Analysts at Imperial Capital initiated coverage on shares of Diamond Resorts International in a research note on Monday. They set an “outperform” rating and a $34.00 price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Diamond Resorts International in a research note on Thursday, July 31st. They now have a $27.00 price target on the stock, up previously from $24.00. Finally, analysts at JMP Securities raised their price target on shares of Diamond Resorts International from $26.00 to $28.00 in a research note on Thursday, July 31st. They now have an “outperform” rating on the stock.

Diamond Resorts International (NASDAQ:DRII) opened at 24.75 on Monday. Diamond Resorts International has a 52 week low of $15.61 and a 52 week high of $26.33. The stock has a 50-day moving average of $23.25 and a 200-day moving average of $19.78. The company’s market cap is $1.869 billion.

Diamond Resorts International (NASDAQ:DRII) last issued its quarterly earnings data on Wednesday, July 30th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.16. The company had revenue of $209.00 million for the quarter, compared to the consensus estimate of $204.60 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was up 20.2% on a year-over-year basis. On average, analysts predict that Diamond Resorts International will post $0.80 earnings per share for the current fiscal year.

Diamond Resorts International, Inc is engaged in the hospitality and vacation ownership industry, with an ownership base of more than 490,000 owner-families, or members, and a network of 296 vacation destinations located in 32 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, Central America, South America, Europe, Asia, Australia and Africa.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.