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:
- 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
- Filing Information:
- Filing Type: 8-K
- Filing Date: January 13, 2025
- SEC File Number: 001-32514
- EIN: 20-1180098
- 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
- Contextual Period:
- The financial data reported is for the period starting and ending on January 13, 2025.
- Stock Classification:
- The report distinguishes between two classes of stock:
- Common Stock
- Redeemable Preferred Stock
- 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.