DiamondRock Hospitality Co (DRH) Form 10-Q — Apr 30, 2026
DiamondRock Hospitality reported financial results for the first quarter of 2026, with net income attributable to common stockholders rising 54% to $14.5 million, or $0.07 per share. Total revenues increased 1.3% year-over-year to $258.2 million, driven primarily by a 2.6% increase in Average Daily Rate (ADR) to $284.58, which offset a slight 0.3% decline in occupancy. The company's board of directors approved a new share repurchase program authorizing up to $300.0 million of common stock, replacing the previous $200.0 million authorization. Additionally, the company paid quarterly dividends of $0.12 per share in January and $0.09 per share in April.
Key figures
- Eps
- 0.07
- Total Debt
- 1100000000
- ADR
- 284.58
- Rev PAR
- 190.01
- Occupancy
- 66.8%
Price after filing
Close on the filing date to close N calendar days later (from $10.20). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.