|Last Price$34.33||Day Change (%)0.35%|
|Open Price$34.33||Day Change ($)0.12|
|Day Range34.33–34.33||52-Week Range29.14–34.58|
As of Mon 05/22/2017 | 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 ...