|Last Price$31.96||Day Change (%)0.63%|
|Open Price$31.96||Day Change ($)0.20|
|Day Range31.96–31.96||52-Week Range27.16–31.99|
As of Mon 12/05/2016 | USD
In general, real estate stocks have tempered toward fair value.
As investors have fled to perceived safety, real estate valuations have diverged sharply.
DiamondRock Hospitality DRH announced second-quarter results July 25 that met our expectations. Our fair value estimate is unchanged. The firm's strategy of holding upscale hotels in high barrier-to-entry urban markets has paid off in the quarter as nightly revenue per room increased nearly 9% from ...