Drew Anderson has been appointed as Director of Food & Beverage at L'Auberge de Sedona
Drew Anderson has been appointed as the Director of Food & Beverage at L'Auberge de Sedona, a luxury resort in Arizona. With two decades of experience in highly-rated hotels, Anderson will oversee all culinary operations, including their signature restaurant Cress on Oak Creek and event spaces, building on the resort's recent $30M renovation. He previously held a similar role at Brush Creek Luxury Ranch Collection, where he managed multiple dining outlets and helped develop their extensive culinary programs.
DRH: Future Returns Will Hinge On RevPAR Execution In Trading-Oriented Hotel REIT Sector
Analysts have increased the implied price target for DiamondRock Hospitality (DRH) to approximately $10.60, reflecting constructive views from multiple firms. Bullish analysts highlight the company's market exposure and operator acumen as positive for future RevPAR and EBITDA trends, while some cautious analysts view the hotel REIT sector as primarily for short-term trading. Valuation adjustments include a slightly higher fair value, discount rate, net profit margin, and future P/E, while revenue growth expectations have slightly decreased.
DIAMONDROCK HOSPITALITY CO To Go Ex-Dividend On March 31st, 2026 With 0.09 USD Dividend Per Share
This article announces that DiamondRock Hospitality Co will go ex-dividend on March 31st, 2026. The company is expected to pay a dividend of 0.09 USD per share. This information is important for investors tracking dividend payouts.
DIAMONDROCK HOSPITALITY CO To Go Ex-Dividend On March 31st, 2026 With 0.09 USD Dividend Per Share
DIAMONDROCK HOSPITALITY CO (DRH.US) is scheduled to trade ex-dividend on March 31st, 2026, with a cash dividend of $0.09 per share. Shareholders on record as of March 31st, 2026, will receive this dividend on April 14th, 2026. The article also provides general definitions of cash and stock dividends.
DiamondRock Hospitality Stock: Business Model, Sector Drivers, and Investor Considerations for US252
DiamondRock Hospitality Company (ISIN: US2527841027) is a US hotel REIT focused on premium assets in top locations, offering North American investors exposure to tourism recovery and high-end hospitality. The company employs an asset-light strategy, utilizing third-party operators for daily management, and owns properties in key US markets. Its business model, driven by strategic acquisitions and renovations, aims for high RevPAR growth in urban centers and leisure hotspots, positioning it favorably in the recovering premium hotel sector.
A Look At DiamondRock Hospitality (DRH) Valuation After Recent Share Price Momentum
DiamondRock Hospitality (DRH) shares are trading at US$9.32, close to its market value of US$2 billion, sparking interest in its valuation. While the stock has seen a 7.26% return over the last month, its one-year total shareholder return is 26.13%. Analysts' average price target is US$10.60, indicating a potential intrinsic discount and a "11.1% Undervalued" narrative driven by anticipated growth in hotel demand from changing travel and work trends.
A Look At DiamondRock Hospitality (DRH) Valuation After Recent Share Price Momentum
DiamondRock Hospitality (DRH) shares are currently valued at US$9.32, below the average analyst target of US$10.60, suggesting a potential undervaluation. The ongoing trend of increased travel from millennials and Gen Z, coupled with flexible work arrangements, is expected to boost hotel demand, occupancy, and daily rates, supporting revenue growth. While the fair value is estimated at $10.48, risks such as persistent softness in RevPAR or rising operating costs could impact this optimistic outlook.
Ladenburg Thalmann initiates Diamondrock Hospitality stock with buy By Investing.com
Ladenburg Thalmann initiated coverage on Diamondrock Hospitality (NASDAQ:DRH) with a buy rating and a price target of $12.00, suggesting an upside of over 23%. The company, which owns 35 upscale hotels, currently trades at $9.73 and InvestingPro data indicates it is undervalued with an attractive 5% dividend yield. DiamondRock Hospitality also reported strong Q4 2025 financial results, with EPS of $0.12 and revenue of $274.53 million, exceeding analyst expectations.
Ladenburg Thalmann initiates Diamondrock Hospitality stock with buy By Investing.com
Ladenburg Thalmann has initiated coverage on Diamondrock Hospitality (NASDAQ:DRH) with a buy rating and a price target of $12.00, suggesting an upside potential of over 23% from its current trading price of $9.73. The firm highlights that Diamondrock Hospitality owns 35 lifestyle hotels, with 80% managed by third parties, which produce 35% higher EBITDA per key than its brand-managed hotels. The company, with a $2 billion market cap and a 5% dividend yield, is considered undervalued according to InvestingPro data, and recently surpassed Q4 2025 earnings and revenue expectations.
DIAMONDROCK HOSPITALITY RECEIVES NAREIT'S 2026 LEADER IN THE LIGHT AWARD
DiamondRock Hospitality Company has been awarded Nareit's 2026 Leader in the Light Award in the Transparency category for the second consecutive year. This recognition highlights the company's commitment to responsible business practices, strong governance, and clear communication with shareholders. Additionally, DiamondRock achieved a perfect score from GRESB for its 2025 Public Disclosure Assessment, ranking first among Americas hotel peers.
Ladenburg Thalmann initiates Diamondrock Hospitality stock with buy
Ladenburg Thalmann has initiated coverage on Diamondrock Hospitality (NASDAQ:DRH) with a "buy" rating and a price target of $12.00, suggesting over 23% upside potential from its current trading price of $9.73. The firm highlighted that Diamondrock's third-party managed hotels generate significantly higher EBITDA per key than its brand-managed properties. Diamondrock's recent Q4 2025 earnings and revenue surpassed analyst expectations, and InvestingPro data indicates the stock may be undervalued with an attractive 5% dividend yield.
DiamondRock Hospitality (NYSE:DRH) Now Covered by LADENBURG THALM/SH SH
LADENBURG THALM/SH SH has initiated coverage on DiamondRock Hospitality (NYSE:DRH) with a "buy" rating and a $12 price target, indicating a potential upside of approximately 25.5%. Despite this new coverage and recent upgrades from other firms, the overall Street consensus for DiamondRock Hospitality remains a "Hold." The company recently exceeded quarterly EPS estimates and provided updated FY2026 guidance, with its stock currently trading around $9.56.
DiamondRock earns Nareit award again, ranks first on hotel disclosure
DiamondRock Hospitality (NYSE:DRH) has received Nareit's 2026 Leader in the Light Award for Transparency for the second consecutive year. The company also achieved a perfect score in the 2025 GRESB Public Disclosure Assessment, ranking first among Americas hotel peers. This recognition highlights DiamondRock's commitment to strong governance, disciplined reporting, and clear information provision to its shareholders.
DIAMONDROCK HOSPITALITY RECEIVES NAREIT'S 2026 LEADER IN THE LIGHT AWARD
DiamondRock Hospitality Company has been awarded Nareit's 2026 Leader in the Light Award in the Transparency category for the second consecutive year. This recognition highlights their leadership in responsible business practices and commitment to clear reporting. The company also achieved a perfect score from GRESB for its Public Disclosure Assessment for 2025, ranking first among Americas hotel peers.
DiamondRock Hospitality stock faces 2026 proxy season scrutiny amid hotel sector recovery pressures
DiamondRock Hospitality is entering its 2026 proxy season with investor focus on board refresh proposals and governance alignment with RevPAR growth amid ongoing pressures in the hotel recovery, including stabilizing occupancy and persistent rate challenges. The company's definitive proxy statement outlines board elections, a proposed equity incentive plan, and an advisory vote on executive compensation, emphasizing continuity and asset optimization in its upscale hotel portfolio. With a strategy of leveraging expertise in acquisitions and capital deployment, the REIT's governance focus is driven by operational performance in key US markets, where group bookings are driving recovery while labor costs moderate.
Hudson Bay Capital Management LP Purchases Shares of 1,143,025 DiamondRock Hospitality Company $DRH
Hudson Bay Capital Management LP has acquired 1,143,025 shares of DiamondRock Hospitality Company (NYSE:DRH), initiating a new position valued at approximately $9.10 million. DiamondRock Hospitality recently raised its quarterly dividend to $0.09 and reported Q4 EPS of $0.27, beating analyst estimates. Despite the positive financial performance, analysts maintain a consensus "Hold" rating with a $9.91 price target.
DiamondRock Hospitality Company (NYSE:DRH) Given Average Rating of "Hold" by Analysts
DiamondRock Hospitality Company (NYSE:DRH) has received an average "Hold" rating from analysts, with some firms recently upgrading the stock to "Buy" and raising price targets. The company exceeded its Q4 earnings estimates, reporting EPS of $0.27 against a $0.24 estimate, and announced an increased quarterly dividend of $0.09 per share, implying a 3.8% yield. Insider selling by CAO Steve Spierto was noted, alongside significant institutional investment activity in DRH shares.
DRH: Future Returns Will Depend On RevPAR And Trading-Oriented Hotel REIT Sector
DiamondRock Hospitality's analyst price target has increased to $10.48, reflecting updated views on fair value due to projected revenue growth, a lower discount rate, and a higher future P/E multiple. Analysts present both bullish and cautious outlooks based on company-specific catalysts, market exposure, and the trading-oriented nature of the hotel REIT sector. Key valuation changes include an adjusted fair value, discount rate, revenue growth forecast, net profit margin, and future P/E multiple.
Lighthouse Investment Partners LLC Acquires 215,000 Shares of DiamondRock Hospitality Company $DRH
Lighthouse Investment Partners LLC increased its stake in DiamondRock Hospitality Company (NYSE:DRH) by 35.2% during the third quarter, acquiring an additional 215,000 shares to own a total of 825,000 shares valued at $6,567,000. Several other institutional investors also adjusted their positions in the real estate investment trust. Analysts have a consensus "Hold" rating on DRH, with an average target price of $9.91.
DiamondRock Hospitality Stock (ISIN: US2527841027) Faces Proxy Scrutiny as CEO Pay Jumps 24% Amid Q1 Earnings Anticipation
DiamondRock Hospitality's CEO compensation increased by 23.67% to $6.43 million in 2025, sparking investor scrutiny ahead of Q1 2026 earnings on April 30. Trading below its 52-week high but above its 200-day moving average, analysts forecast potential upside for the hotel REIT. The company's focus on premium leisure and gateway hotels, along with its strategic balance sheet management, positions it for growth as the hospitality sector recovers.
Washington, DC: DiamondRock Hospitality To Report 2026 Results In April
DiamondRock Hospitality Company announced it will publish its first-quarter 2026 financial results after market close on April 30, 2026, with a conference call following on May 1, 2026. This announcement will offer insights into the performance of its portfolio of 35 hotels and resorts, which primarily serve major leisure tourism destinations across the United States. The company's strategy focuses on tourism-driven markets, reflecting broader hospitality trends and the importance of leisure travel to the national economy.
DiamondRock schedules Q1 2026 earnings April 30, call May 1
DiamondRock Hospitality (NYSE:DRH) will release its first quarter 2026 financial results after market close on Thursday, April 30, 2026. The company will then host a conference call to discuss these results and its business outlook on Friday, May 1, 2026, at 9:00 a.m. ET. Investors can register via the company's website for telephone and webcast details.
DIAMONDROCK HOSPITALITY ANNOUNCES FIRST QUARTER 2026 EARNINGS RELEASE AND CONFERENCE CALL
DiamondRock Hospitality Company (DRH) will release its first-quarter 2026 financial results after the market closes on Thursday, April 30, 2026. The company will host a conference call on Friday, May 1, 2026, at 9:00 a.m. ET to discuss these results and its business outlook. Registration details for the call and webcast are available on the company's investor relations website.
A Look At DiamondRock Hospitality (DRH) Valuation After Earnings Swing To Profit And Dividend Increase
DiamondRock Hospitality (DRH) recently reported a swing to profit, increased its dividend, and completed a buyback, leading to a 9.34% 90-day share price return and over 20% 1-year total shareholder return. While a popular narrative suggests the stock is 6.7% overvalued at $9.60 compared to a $9.00 fair value due to risks in business travel and discretionary spending, a discounted cash flow (DCF) model indicates it may be undervalued with a $22.98 future cash flow value. Investors are encouraged to consider both perspectives and further research to form their own conclusions.
A Look At DiamondRock Hospitality (DRH) Valuation After Earnings Swing To Profit And Dividend Increase
DiamondRock Hospitality (DRH) has seen renewed investor interest following a swing to profit, a dividend increase, and a completed share buyback. While a popular narrative suggests the stock is 6.7% overvalued at $9.60, a discounted cash flow (DCF) model indicates it may be undervalued with a fair value of $22.98, highlighting mixed signals on its true valuation. The article encourages investors to analyze both perspectives and consider additional factors like risks and future cash flow potential.
Liquidity Mapping Around (DRH) Price Events
This article from Stock Traders Daily discusses liquidity mapping around Diamondrock Hospitality Company (DRH) price events, utilizing AI models to generate institutional trading strategies. It highlights key findings for DRH, including various trading strategies and multi-timeframe signal analysis, and offers real-time signals and analysis tools to users.
Profit Gains, Capital Returns and Board Moves Could Be A Game Changer For DiamondRock Hospitality (DRH)
DiamondRock Hospitality (DRH) recently reported improved Q4 and full-year 2025 results with higher net income and EPS, despite slightly lower sales. The company also announced a continued share repurchase program and a quarterly dividend of US$0.09 per share. These financial improvements, combined with upcoming board leadership changes, are expected to reshape the investment narrative for DRH, focusing on its long-term income and governance profile.
DiamondRock Hospitality Company $DRH Shares Sold by Fisher Asset Management LLC
Fisher Asset Management LLC decreased its stake in DiamondRock Hospitality Company (NYSE:DRH) by 13.1% in the third quarter, selling 118,337 shares and holding 785,231 shares valued at $6.25 million. Despite this sale, other institutional investors have recently adjusted their holdings in DRH. Several analysts have updated their ratings and price targets, with Deutsche Bank upgrading the stock to "Buy" and the overall consensus remaining "Hold" with an average target of $9.91.
Segall Bryant & Hamill LLC Makes New Investment in DiamondRock Hospitality Company $DRH
Segall Bryant & Hamill LLC has made a new investment in DiamondRock Hospitality Company (NYSE:DRH), purchasing 312,959 shares valued at approximately $2.49 million. This investment comes as DiamondRock Hospitality recently exceeded quarterly earnings estimates and raised its quarterly dividend to $0.09 per share, indicating a 3.6% yield. Several other institutional investors also increased their holdings in DRH, suggesting growing confidence in the company.
Insider Sell: Steve Spierto Sells 4,000 Shares of Diamondrock Ho
Steve Spierto, Senior Vice President and Chief Accounting Officer at Diamondrock Hospitality Co (DRH), sold 4,000 shares of the company on March 3, 2026. This transaction leaves him with 77,977 shares. Diamondrock Hospitality Co is a REIT owning premium hotels and resorts, and its stock was trading at $9.93, indicating it is modestly overvalued according to GuruFocus's GF Value.
DiamondRock Hospitality CAO Sells 4,000 Shares
DiamondRock Hospitality Company (NYSE:DRH) Chief Accounting Officer Steve Spierto sold 4,000 shares of company stock on March 3rd, 2026, totaling $39,720. This transaction represents a 4.88% decrease in his holdings, which investors might interpret as a bearish signal. The sale was disclosed in an SEC filing and highlights potential challenges in the hotel industry.
DiamondRock Hospitality (NYSE:DRH) CAO Sells $39,720.00 in Stock
DiamondRock Hospitality's Chief Accounting Officer, Steve Spierto, sold 4,000 shares of company stock for a total of $39,720, reducing his stake by 4.88%. This transaction follows the company's recent dividend increase to $0.09 per share and a reported EPS of $0.27, beating analyst expectations. Despite mixed analyst ratings, the company also provided optimistic FY2026 EPS guidance.
Diamondrock Hospitality Co reports results for the quarter ended March 31 - Earnings Summary
Diamondrock Hospitality Co (DRH) reported adjusted earnings of 4 cents per share for the quarter ended March 31, exceeding its earnings of 3 cents per share in the same quarter last year. Revenue for the quarter fell by 0.6% to $254.85 million, slightly below analysts' expectations. The company's shares have seen a 4.9% decline this quarter and are down 18.7% year-to-date, with analysts holding a "buy" rating and a median 12-month price target of $9.00.
A Look At DiamondRock Hospitality (DRH) Valuation After Earnings Beat And Record Funds From Operations
DiamondRock Hospitality (DRH) recently exceeded Wall Street's expectations for its fourth quarter and full-year 2025 FFO, drawing renewed investor attention. Despite a strong stock performance and record FFO, the company is considered overvalued at $10.04 per share compared to a narrative fair value of $9.00, although its P/E ratio is lower than estimated fair value and some peers. Investors are encouraged to further analyze the company's financials to assess valuation risks and opportunities.
DiamondRock Hospitality posts March 2026 investor presentation with 2026 guidance and capital plans
DiamondRock Hospitality (DRH) has released its March 2026 investor presentation, outlining its 2026 guidance, capital allocation strategies, and portfolio value-creation initiatives. Key highlights include a projected 2.0% comparable RevPAR growth midpoint, an Adjusted EBITDA midpoint of $294.5 million, and an Adjusted FFO/share midpoint of $1.13. The company also detailed 2025 actions such as share repurchases, hotel capex, and preferred stock redemption, alongside an upsized credit facility.
A Look At DiamondRock Hospitality (DRH) Valuation After Earnings Beat And Record Funds From Operations
DiamondRock Hospitality (DRH) reported strong Q4 and full-year 2025 results, outperforming Wall Street expectations. While the company's shares have shown significant recent returns, analysts' fair value estimates suggest DRH might be slightly overvalued, trading near its price target after record funds from operations and buybacks. Market ratios, however, tell a different story, with a P/E ratio lower than estimated fair value and peer averages, presenting a mixed signal for investors regarding future upside.
Vanguard Group Inc. Has $268.57 Million Stake in DiamondRock Hospitality Company $DRH
Vanguard Group Inc. reduced its stake in DiamondRock Hospitality Company by 0.4% to 33.7 million shares, valued at $268.57 million, while other institutional investors like JPMorgan Chase & Co. increased their holdings. DiamondRock Hospitality recently surpassed Q4 earnings estimates, raised its FY 2026 guidance, and increased its quarterly dividend by 12.5%, signaling management's expectation of continued earnings recovery. Analysts currently have a mixed "Hold" rating on the stock with an average target price of $9.91, despite the positive financial updates.
DiamondRock Hospitality (DRH) Earnings Highlight Interest Coverage Strain Challenges Bullish Narratives
DiamondRock Hospitality (DRH) reported Q4 revenue of US$274.5 million and basic EPS of US$0.12, with full-year revenue around US$1.1 billion and EPS of US$0.44. While profitability has improved with an 8.2% net margin, the company faces challenges including rapid earnings growth not matched by revenue, and concerns about interest coverage and dividend stability. Despite a significant DCF fair value gap suggesting upside, the current P/E ratio is above the industry average, and future growth forecasts are more moderate than past performance.
DiamondRock Hospitality Company (NYSE:DRH) Q4 2025 Earnings Call Transcript
DiamondRock Hospitality Company reported strong Q4 and full-year 2025 results, exceeding guidance with adjusted EBITDA of $297.6 million and FFO per share of $1.08. The company emphasized its disciplined capital allocation strategy, focusing on high-return CapEx, potential asset sales in 2026, and share repurchases, while also announcing leadership changes with the retirement of Chairman Bill McCarten and the appointment of Bruce Wardinski. They provided 2026 guidance anticipating RevPAR growth of 1% to 3% and FFO per share between $1.90 and $1.06, with specific insights into labor costs, renovation impacts, and market trends including the FIFA World Cup and 250th anniversary celebrations.
DiamondRock Hospitality Q4 Earnings Call Highlights
DiamondRock Hospitality (NYSE:DRH) reported record full-year 2025 results with Adjusted EBITDA of $297.6 million and Adjusted FFO per share of $1.08. The company also provided 2026 guidance, projecting RevPAR growth of 1%–3%, Adjusted EBITDA of $287M–$302M, and FFO of $1.09–$1.16 per share. Management emphasized share repurchases as the best use of capital and anticipates being a net seller in 2026.
DiamondRock Hospitality Co. Chairman William W. McCarten to Retire; Bruce D. Wardinski Named Non-Executive Chairman
DiamondRock Hospitality Company announced that its Chairman, William W. McCarten, will retire at the end of his current term on April 29, 2026. Bruce D. Wardinski will succeed him as non-executive Chairman of the Board. McCarten was instrumental in the company's formation and growth over two decades, while Wardinski brings experience from previously chairing three public hotel companies.
News | DiamondRock execs say high-end, well-located portfolio to benefit from 2026 calendar
DiamondRock Hospitality Co. executives are optimistic about 2026 due to factors like easier year-over-year comparisons, a favorable holiday calendar, and the company's well-positioned portfolio in markets celebrating the country's 250th anniversary and hosting the FIFA World Cup. The company plans selective, focused investments in renovations to drive returns, with a five-year capital expenditure program aiming for better free cash flow per share rather than short-term RevPAR. DiamondRock anticipates being a net seller of hotels in 2026, focusing on acquiring properties in supply-constrained markets that avoid ground leases.
DiamondRock Hospitality Board Shift Tests Profitability And Growth Story
DiamondRock Hospitality (DRH) is undergoing a significant leadership change with the retirement of founding Chairman and CEO, William W. McCarten, and the appointment of Bruce D. Wardinski as the new non-executive Chairman. This shift, combined with a smaller board, comes after a period of solid share price returns and improved profitability. Investors will be watching how this new governance structure impacts future decisions, capital allocation, and the company's existing focus on RevPAR execution and cost control, especially considering analyst concerns about interest payment coverage and the company's dividend history.
DiamondRock Hospitality Company: Record FFO per share and disciplined capital allocation drive strong 2025 results and 2026 outlook
DiamondRock Hospitality Company achieved record FFO per share and strong free cash flow growth in 2025, surpassing its peers due to disciplined capital allocation. For 2026, the company anticipates modest growth in RevPAR and EBITDA, supported by targeted capital expenditures, share repurchases, and ongoing portfolio optimization efforts. This outlook is based on their Q4 2025 earnings call transcript.
DiamondRock Hospitality Co SEC 10-K Report
DiamondRock Hospitality Company has released its 2025 10-K report, detailing its financial performance, business operations, and strategic initiatives as a lodging-focused REIT. The report highlights the company's portfolio of 35 premium hotels and resorts across 26 U.S. markets, focusing on active asset management and disciplined capital allocation. Key findings include $1,120.5 million in total revenues and $101.9 million in net income, alongside strategies for future growth, risk mitigation, and corporate responsibility efforts.
DiamondRock Hospitality Board Shift Tests Profitability And Growth Story
DiamondRock Hospitality is undergoing a leadership transition with the retirement of founding Chairman and CEO William W. McCarten and the appointment of Bruce D. Wardinski as the new non-executive Chairman, alongside a reduced board size. This shift occurs amidst strong recent financial performance, including increased net income and improved earnings per share. Investors will be watching how this new governance structure impacts future decisions, capital allocation, and the company's risk-return profile, especially given existing concerns about interest coverage and dividend consistency, balanced against forecasts for significant earnings growth.
DiamondRock Hospitality (NYSE:DRH) Announces Earnings Results, Beats Expectations By $0.03 EPS
DiamondRock Hospitality (NYSE:DRH) reported earnings of $0.27 per share, surpassing analyst expectations by $0.03. Despite a 1.6% year-over-year revenue decrease, the company updated its FY 2026 guidance to an EPS of $1.090-$1.160. The real estate investment trust also announced a quarterly dividend of $0.08, providing a 3.1% yield, though the payout ratio is elevated at 128%.
DiamondRock Hospitality (DRH) Q4 FFO Surpasses Projections
DiamondRock Hospitality (DRH) reported Q4 FFO of $0.27 per share, exceeding the Zacks Consensus Estimate of $0.24 per share, marking its fourth consecutive quarter of outperforming FFO projections. While revenue slightly missed estimates at $274.53 million, the company's stock has risen 12.2% year-to-date. Investors are now focused on management's future FFO guidance and how estimate revisions will impact the company's Zacks Rank #3 (Hold) standing.
Earnings Flash (DRH) DiamondRock Hospitality Company Reports Q4 Revenue $274.5M, vs. FactSet Est of $273.4M
DiamondRock Hospitality Company (DRH) announced strong financial results for the fourth quarter, reporting revenues of $274.5 million, surpassing FactSet's estimate of $273.4 million. The report, published on February 26, 2026, also included full-year earnings for 2025, detailing the company's continued performance in the specialized REITs sector. Recent analyst adjustments to price targets reflect a positive outlook for the company.
Centersquare Investment Management LLC Has $59.99 Million Holdings in DiamondRock Hospitality Company $DRH
Centersquare Investment Management LLC has significantly increased its stake in DiamondRock Hospitality Company (NYSE:DRH) by 6.0%, now holding 7,536,975 shares valued at $59.99 million. This increase makes Centersquare a 3.70% owner of the real estate investment trust. Despite several brokers raising ratings, the consensus analyst rating for DRH remains a "Hold" with a price target of $9.91, while the company also declared a quarterly dividend of $0.08 per share.
