Moody's Investors Service ("Moody's") assigned a B3 rating to the proposed senior secured note issuance of Diamond Resorts International, Inc. ("Diamond Resorts"). In addition to this case, Diamond Resorts has pursued more than a dozen actions in courts across the country against numerous companies marketing themselves as third-party exit companies. Diamond Resorts has seen a surge in revenue and earnings over the past year, making the stock look enticingly valuable. Diamond has obtained more than 10 … Private-equity firm Apollo Global Management is preparing to take Diamond Resorts public in the coming months, less than two years after acquiring the timeshare company for $2.2 billion. Hotelsmag.com pointed out that the sale signals a whopping 58 percent premium over Diamond Resorts' February 24, 2016 stock price, which is the day it announced it would look to strategic alternatives. Consumer Services » Hotels Or Resorts Or Cruiselines. View the most recent insider trading activity for DRII stock at MarketBeat. Investors use various methods to calculate intrinsic value and buy a stock … Which company executives are buying and selling shares of Diamond Resorts International (NYSE:DRII) stock? Diamond Resorts® provides VACATIONS OF A LIFETIMEâ„¢ to members and guests the world over. Diamond Resorts Interntional, a Las Vegas-based luxury timeshare resort company, is being sold to a private investment management company for $2.2 billion, the company announced Wednesday. Get Diamond Resorts International, Inc.'s stock price today. ▼ -100.00% Downside Potential This price target is based on 0 analysts offering 12 month price targets for Diamond Resorts International in the last 3 months. Diamond Resorts International, Inc. (US:DRII) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. Hall of Famer Annika Sörenstam to Return to the Links at the 2021 Diamond Resorts … Founded in 1992, the company was purchased by Apollo Global Management for $30.25 per share in 2016. The company sponsors numerous celebrities, including LPGA professional Brittany Lincicome, PGA Tour … Some of the firms note that Diamond Resorts' stock price touched $32.49 in the past year, and some Wall Street analysts have a price target as high as … Timeshare company Diamond Resorts has submitted confidential paperwork to go public sometime this summer, per the Wall Street Journal. By Amanda Gomez. View the most recent insider trading activity for DRII stock at MarketBeat. The average price target is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. Volume: 0 . Diamond Resorts International, Inc. sells vacation ownership. Receive our daily pre-market mover email, free. Diamond Resorts, a fully owned subsidiary of Apollo Global Management, continues to expand in the hot leisure resort destination of Hawaii with its $225 million purchase of The Modern Honolulu. Diamond Resorts International is a hospitality and vacation ownership industry. The company has a network of more than 379 vacation destinations in 35 countries around the world and sells vacation ownership points. The Las Vegas-based company's shares rose to … Diamond Resorts International, Inc. was a big mover last session, as the company saw its shares rise 7% on the day.The move came on solid volume too with far more shares changing hands than in a normal session. MARKETS. Diamond Resorts International, Inc. (DRII) Wednesday announced that it has entered into a merger agreement with affiliates of certain funds (the Apollo Funds) managed by affiliates of Apollo Global Management, LLC (APO). Find high-quality Diamond Resorts stock photos and editorial news pictures from Getty Images. 10600 West Charleston Blvd Jun 29, 2016 10:24 AM EDT. This reverses the recent trend for the company, as the stock is now up almost 14% since Jul 11, 2014. Each vacation is as important to us as it is to you, so it’s our goal to give every guest a flawless, relaxing, memorable experience. LAS VEGAS, Nov. 11, 2020 /PRNewswire/ -- Diamond Resorts®, a global leader in the hospitality, vacation ownership and entertainment industries, announces new … Apollo Global's offer of $30.25 per share in cash represents a premium of about 26 percent to Diamond Resorts' closing stock price on Tuesday. Las Vegas, NV 89135 Warning! This is neither an offer to sell nor a solicitation to buy to residents in jurisdictions in which registration requirements have not been fulfilled, and your eligibility and the resorts available for purchase will depend upon the state of residency of the purchaser. The New York City-based private-equity firm will acquire the vacation resort operator for $30.25 per share, or approximately $2.2 billion. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. The deal is expected to close in the coming months and remains subject to several regulatory approvals and customary closing conditions. Diamond Resorts has seen a surge in revenue and earnings over the past year, making the stock look enticingly valuable. Shares trade at just over nine times trailing earnings and the forward P/E ratio is 7.3. Company profile page for Diamond Resorts Corp including stock price, company news, press releases, executives, board members, and contact information Because WE LOVE TO SAY YESâ„¢, you’ll always receive a superior level of personal service and commitment, year after year. Diamond Resorts International stock and Resorts & Casinos market discussion, news, and analysis from Canada's largest community of active investors Market Cap $: 2.11 Bil . All Rights Reserved. Offsetting some of this macro risk is the fact that Diamond Resorts' stock isn't terribly expensive. Diamond Resorts remains committed to protecting its members from so-called timeshare exit companies that not only hurt vacationers, but often break the law. Avg Vol (1m): 0 . Company profile page for Diamond Resorts International Inc including stock price, company news, press releases, executives, board members, and contact information The company currently falls under 'Mid-Cap' category with current market capitalization of 1.83 B.Market capitalization usually refers to the total value of a company's stock within the entire market. Stock Market Watch © . United States. As of Jan 31 2016, Co.'s resort network consisted of 379 vacation destinations, which included 109 resorts properties that Co. managed, and 250 affiliated resorts and hotels and 20 cruise itineraries. Diamond Resorts Internationa (DRII) is traded on NYS Exchange in USA and employs 8,174 people. A wide selection of amazing destinations offer AFFORDABLE LUXURY and PRICELESS MEMORIES, time and time again. GuruFocus has detected with DRII. The average price target represents a -100.00% upside from the last price of $30.22. Diamond resorts (drii) stock surges on $2.2 billion apollo deal. 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