DiamondRock Hospitality Co 8-K Report: Key Financial Insights & Stock Overview

$DRH
Form 8-K
Filed on: 2025-01-15
Source
DiamondRock Hospitality Co 8-K Report: Key Financial Insights & Stock Overview

Here are the key insights extracted from the provided section of the financial report:

  1. Entity Information:
  • Company Name: DiamondRock Hospitality Co
  • CIK (Central Index Key): 0001298946
  • Address: 2 Bethesda Metro Center, Suite 1400, Bethesda, MD 20814
  • Contact Number: 240-744-1150
  1. Filing Information:
  • Filing Type: 8-K
  • Filing Date: January 13, 2025
  • SEC File Number: 001-32514
  • EIN: 20-1180098
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.01
    • Ticker Symbol: DRH
    • Exchange: NYSE
  • Preferred Stock:
    • Type: 8.250% Series A Cumulative Redeemable Preferred Stock
    • Par Value: $0.01 per share
    • Ticker Symbol: DRH Pr A
    • Exchange: NYSE
  1. Contextual Period:
  • The financial data reported is for the period starting and ending on January 13, 2025.
  1. Stock Classification:
  • The report distinguishes between two classes of stock:
    • Common Stock
    • Redeemable Preferred Stock
  1. XML and XBRL Data:
  • The report is formatted in XBRL, a language for the electronic communication of business and financial data, indicating compliance with SEC reporting requirements.

Insights:

  • Market Position: DiamondRock Hospitality Co is a publicly traded company, indicating a need to maintain transparency and adhere to regulatory requirements.
  • Investors: The presence of both common and preferred stocks suggests a diversified capital structure, catering to different types of investors (equity vs. fixed income).
  • Preferred Stock Yield: The 8.250% yield on the preferred stock is notable and may attract income-focused investors.

This information is crucial for potential investors, analysts, and stakeholders looking to understand the company's financial health and stock offerings.