Diversified Healthcare Trust (NASDAQ:DHC) Price Target Raised to $5.50 at B. Riley

Key Points

• B. Riley raised the price target for Diversified Healthcare Trust (NASDAQ:DHC) from $4.50 to $5.50, reflecting a potential upside of 25.14% from the current share price.
• DHC shares traded at $4.40 on Wednesday with a recent trading volume of 587,804, indicating increased activity compared to its average volume of 915,273.
• The real estate investment trust reported earnings per share of $0.08 for the last quarter, meeting analysts' expectations while also having a negative net margin of 18.83%.

Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) had its price target hoisted by stock analysts at B. Riley from $4.50 to $5.50 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a "buy" rating on the real estate investment trust's stock. B. Riley's target price points to a potential upside of 20.09% from the stock's previous close. B. Riley also issued estimates for Diversified Healthcare Trust's Q4 2025 earnings at $0.04 EPS, FY2025 earnings at $0.26 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.15 EPS, Q3 2026 earnings at $0.15 EPS and FY2026 earnings at $0.58 EPS.

Diversified Healthcare Trust Stock Performance

NASDAQ DHC traded up $0.09 during trading on Wednesday, hitting $4.58. The company's stock had a trading volume of 3,702,266 shares, compared to its average volume of 798,206. The company has a quick ratio of 6.35, a current ratio of 6.35 and a debt-to-equity ratio of 1.42. The firm has a 50 day moving average price of $3.74 and a 200 day moving average price of $3.18. The firm has a market cap of $1.11 billion, a P/E ratio of -3.85 and a beta of 2.62. Diversified Healthcare Trust has a 52 week low of $2.00 and a 52 week high of $4.61.

Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, hitting the consensus estimate of $0.08. The company had revenue of $382.71 million for the quarter, compared to the consensus estimate of $382.74 million. Diversified Healthcare Trust had a negative return on equity of 14.69% and a negative net margin of 18.83%.

Institutional Trading of Diversified Healthcare Trust

Institutional investors and hedge funds have recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. increased its position in shares of Diversified Healthcare Trust by 16.7% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 262,674 shares of the real estate investment trust's stock valued at $630,000 after purchasing an additional 37,493 shares during the period. Bank of America Corp DE increased its position in shares of Diversified Healthcare Trust by 56.9% during the fourth quarter. Bank of America Corp DE now owns 211,711 shares of the real estate investment trust's stock valued at $487,000 after purchasing an additional 76,820 shares during the period. BNP Paribas Financial Markets bought a new stake in shares of Diversified Healthcare Trust during the fourth quarter valued at approximately $65,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Diversified Healthcare Trust by 41.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 384,477 shares of the real estate investment trust's stock valued at $884,000 after purchasing an additional 112,701 shares during the period. Finally, Teacher Retirement System of Texas bought a new stake in shares of Diversified Healthcare Trust during the first quarter valued at approximately $59,000. 75.98% of the stock is currently owned by institutional investors.

About Diversified Healthcare Trust

Diversified Healthcare Trust is a real estate investment trust, which engages in the ownership of senior living communities, medical office buildings, and wellness centers. It operates through the following segments: Office Portfolio, Senior Housing Operating Portfolio (SHOP), and Non-Segment. The Office Portfolio segment consists of medical office properties leased to medical providers and other medical related businesses, as well as life science properties leased to biotech laboratories and other similar tenants.