|Last Price$13.99||Day Change (%)0.04%|
|Open Price$13.98||Day Change ($)0.00|
|Day Range13.91–14.09||52-Week Range11.46–16.01|
As of Fri 3/27/2015 5:33:00 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 ...