Diversified Healthcare Trust (NASDAQ:DHC) Issues Earnings Results

Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) released its earnings results on Monday. The real estate investment trust reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.03), FiscalAI reports. Diversified Healthcare Trust had a negative return on equity of 18.44% and a negative net margin of 21.10%.The company had revenue of $366.47 million during the quarter, compared to analysts' expectations of $380.18 million. Diversified Healthcare Trust updated its FY 2026 guidance to 0.520-0.580 EPS.

Diversified Healthcare Trust Stock Up 5.3%

Shares of Diversified Healthcare Trust stock opened at $8.17 on Wednesday. Diversified Healthcare Trust has a 12-month low of $2.34 and a 12-month high of $8.20. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 1.44. The stock has a 50 day moving average price of $7.10 and a two-hundred day moving average price of $5.81. The stock has a market capitalization of $1.98 billion, a P/E ratio of -6.14 and a beta of 2.33.

Diversified Healthcare Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Tuesday, April 21st will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, April 21st. Diversified Healthcare Trust's payout ratio is -3.36%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in Diversified Healthcare Trust during the 2nd quarter valued at approximately $28,000. L2 Asset Management LLC acquired a new stake in shares of Diversified Healthcare Trust in the fourth quarter worth $49,000. Mercer Global Advisors Inc. ADV bought a new stake in Diversified Healthcare Trust in the 4th quarter valued at $49,000. Corient Private Wealth LLC increased its holdings in shares of Diversified Healthcare Trust by 28.7% during the 4th quarter. Corient Private Wealth LLC now owns 16,242 shares of the real estate investment trust's stock worth $76,000 after purchasing an additional 3,621 shares during the period. Finally, Franklin Resources Inc. acquired a new position in shares of Diversified Healthcare Trust during the fourth quarter valued at about $77,000. Institutional investors own 75.98% of the company's stock.

Analyst Upgrades and Downgrades

DHC has been the subject of several recent research reports. B. Riley Financial increased their price objective on Diversified Healthcare Trust from $6.50 to $8.50 and gave the stock a "buy" rating in a report on Tuesday, March 3rd. Royal Bank Of Canada raised their price target on Diversified Healthcare Trust from $5.00 to $6.00 and gave the stock a "sector perform" rating in a research note on Monday, March 2nd. Weiss Ratings reiterated a "sell (d-)" rating on shares of Diversified Healthcare Trust in a report on Monday, April 20th. Maxim Group initiated coverage on Diversified Healthcare Trust in a research note on Monday, April 27th. They issued a "buy" rating and a $9.50 price target for the company. Finally, Zacks Research upgraded Diversified Healthcare Trust from a "strong sell" rating to a "hold" rating in a report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Diversified Healthcare Trust has an average rating of "Moderate Buy" and an average price target of $8.00.

Diversified Healthcare Trust Company Profile

Diversified Healthcare Trust is a real estate investment trust (REIT) specializing in the acquisition, ownership and management of healthcare properties across the United States. The company focuses on assets that serve the senior housing and post-acute care sectors, including skilled nursing facilities, assisted living communities, memory care centers and medical office buildings. By partnering with experienced operators, Diversified Healthcare Trust aims to generate stable, long-term cash flows through triple-net leases and percentage rent structures tailored to each property type.

The company's portfolio spans multiple states and encompasses a mix of single-tenant and multi-tenant properties.