Diamondrock Hospitality Co vs RLJ Lodging Trust

Diamondrock Hospitality Co (DRH) is undervalued and RLJ Lodging Trust (RLJ) is undervalued.

Against our estimates of intrinsic value, RLJ trades at the wider discount: a margin of safety of +76%, against +37% for DRH.

Values as of the 22 Sept 2026 close.

Diamondrock Hospitality Co (DRH)

Discounting its cash flows at 8.6% (average of 3 methods) values the shares at $19.53; the price of $12.31 is 37% below that value, and 79% of that value comes from beyond year five.

Leak Score 54/100 on 3 of 12 signals

RLJ Lodging Trust (RLJ)

Discounting its cash flows at 8.3% (average of 3 methods) values the shares at $45.88; the price of $11.03 is 76% below that value, and 79% of that value comes from beyond year five.

Leak Score 72/100 on 8 of 12 signals

MetricDRHRLJ
VerdictUndervaluedUndervalued
Price$12.31$11.03
Intrinsic value$19.53$45.88
Margin of safety+37%+76%
Leak Score54/100 (3/12)72/100 (8/12)
Market cap$2.5B$1.7B
Revenue growth, 5 years30.2%23.3%
Operating margin16.3%9.5%
Net margin13.1%0.1%
Return on equity9.9%1.3%
Debt to equity0.791.31
P/E17.1x1869.5x
Forward P/E18.5x320.1x
P/B1.6x0.9x
Dividend yield3.3%5.4%

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