|Last Price$14.77||Day Change (%)1.65%|
|Open Price$14.58||Day Change ($)0.24|
|Day Range14.53–14.79||52-Week Range10.78–14.79|
As of Wed 11/26/2014 04:41 PM EST | USD
DiamondRock Hospitality Company Reports Third Quarter 2014 Results And Raises Full Year Guidance
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 ...
In general, real estate stocks have tempered toward fair value.
As investors have fled to perceived safety, real estate valuations have diverged sharply.