DiamondRock Hospitality Hits New 52-Week High

Analysts Weigh In on Whether the Stock is Still a Buy

Published on Feb. 26, 2026

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DiamondRock Hospitality Company (NYSE:DRH), a real estate investment trust that owns and manages upscale hotels, reached a new 52-week high of $10.29 per share in trading on Thursday. The stock closed at $10.25, up 1.6% on the day, with over 316,000 shares changing hands.

Why it matters

DiamondRock's stock price surge indicates growing investor confidence in the company's recovery from the pandemic-driven downturn in the hospitality industry. As travel demand rebounds, DiamondRock's portfolio of upscale urban hotels could benefit, though analysts have mixed views on whether the stock is still a buy at current levels.

The details

Several analysts have recently weighed in on DiamondRock Hospitality. Truist Financial upgraded the stock from 'hold' to 'buy' and raised the price target to $11, while Deutsche Bank upgraded it to 'buy' and set a $12 price target. However, the stock currently has a 'hold' rating from the majority of analysts covering it, with a consensus price target of $9.91.

  • DiamondRock Hospitality reached a new 52-week high of $10.29 per share on Thursday, February 26, 2026.
  • The company last paid a quarterly dividend of $0.08 on January 14, 2026.

The players

DiamondRock Hospitality Company

A real estate investment trust that acquires, owns, and manages a diversified portfolio of upscale, full-service hotels in urban gateway markets across the United States.

Truist Financial

A financial services company that upgraded DiamondRock Hospitality's rating from 'hold' to 'buy' and raised the price target to $11.

Deutsche Bank Aktiengesellschaft

A global banking and financial services company that upgraded DiamondRock Hospitality to 'buy' and set a $12 price target.

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What they’re saying

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— Gordon Edgar, grocery employee (Instagram)

What’s next

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The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.