|Last Price$33.89||Day Change (%)0.03%|
|Open Price$33.89||Day Change ($)0.01|
|Day Range33.89–33.89||52-Week Range28.68–33.90|
As of Fri 02/24/2017 | 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 ...