|Last Price$13.84||Day Change (%)-0.43%|
|Open Price$13.80||Day Change ($)-0.06|
|Day Range13.66–13.88||52-Week Range11.61–16.01|
As of Fri 4/17/2015 5:12:00 PM | 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 ...