Diversified Healthcare Trust (DHC)

NASDAQ: DHC · Real-Time Price · USD
2.480
+0.060 (2.48%)
At close: Jan 31, 2025, 4:00 PM
2.600
+0.120 (4.84%)
After-hours: Jan 31, 2025, 7:36 PM EST
2.48%
Market Cap 598.36M
Revenue (ttm) 1.48B
Net Income (ttm) -385.37M
Shares Out 241.28M
EPS (ttm) -1.61
PE Ratio n/a
Forward PE n/a
Dividend $0.04 (1.61%)
Ex-Dividend Date Jan 27, 2025
Volume 797,265
Open 2.400
Previous Close 2.420
Day's Range 2.400 - 2.535
52-Week Range 2.010 - 4.240
Beta 2.16
Analysts Hold
Price Target 4.50 (+81.45%)
Earnings Date Feb 25, 2025

About DHC

DHC is a real estate investment trust, or REIT, focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum by care delivery and practice type, by scientific research disciplines and by property type and location. As of December 31, 2023, DHC’s approximately $7.2 billion portfolio included 371 properties in 36 states and Washington, D.C., occupied by approximately 500 tenants, and totaling approximately 8.6 million square feet of life science and medica... [Read more]

Sector Real Estate
Founded 1998
Employees 600
Stock Exchange NASDAQ
Ticker Symbol DHC
Full Company Profile

Financial Performance

In 2023, DHC's revenue was $1.41 billion, an increase of 9.87% compared to the previous year's $1.28 billion. Losses were -$293.57 million, 1761.1% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for DHC stock is "Hold." The 12-month stock price forecast is $4.5, which is an increase of 81.45% from the latest price.

Price Target
$4.5
(81.45% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Diversified Healthcare Trust Fourth Quarter 2024 Conference Call Scheduled for Wednesday, February 26th

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its fourth quarter 2024 financial results after the Nasdaq clos...

4 days ago - Business Wire

The State Of REITs: January 2025 Edition

The REIT sector took a beating in December with an average total return of -6.85% but still finished in the black for full year 2024 (+3.70%). Small cap (-5.98%) and mid cap REITs (-6.62%) outperforme...

9 days ago - Seeking Alpha

Diversified Healthcare Trust Announces 2024 Dividend Allocation

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that the characterization of dividends for 2024 income tax reporting purposes is as follows: Common Shares Di...

11 days ago - Business Wire

Diversified Healthcare Trust Announces Quarterly Dividend on Common Shares

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). Thi...

16 days ago - Business Wire

Diversified Healthcare Trust Appoints Anthony Paula as Vice President

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that Anthony Paula has been appointed Vice President. Mr. Paula is a Vice President of The RMR Group (Nasdaq:...

Other symbols: RMR
6 weeks ago - Business Wire

The State Of REITs: November 2024 Edition

The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3....

2 months ago - Seeking Alpha

Diversified Healthcare Trust: Cash Flow Burn And Debt Refinance Continue To Raise Concerns

Diversified Healthcare Trust's stock underperforms due to liquidity issues, with medical office properties dragging down earnings despite senior living segment support. Third-quarter revenue rose, but...

2 months ago - Seeking Alpha

Top 4 Real Estate Stocks That May Rocket Higher In November

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: COLDIIPRLINE
2 months ago - Benzinga

Diversified Healthcare Trust (DHC) Q3 2024 Earnings Call Transcript

Diversified Healthcare Trust (NASDAQ:DHC) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Melissa McCarthy - Manager, IR Chris Bilotto - President & CEO Matthew Bro...

3 months ago - Seeking Alpha

Diversified Healthcare: The Baby Bonds Still Look The Most Appealing

Diversified Healthcare Trust's (DHC) reported Q3-2024 results and the stock tanked. Despite improvements in the SHOP segment, DHC struggles with high debt and poor cash flow visibility. We examine the...

3 months ago - Seeking Alpha

Diversified Healthcare Trust Announces Third Quarter 2024 Results

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Reports s...

3 months ago - Business Wire

MOBs, Office But No Need For Life Support

Unlike in traditional office, healthcare requires in-office interactions, which reduces the risk of ‘work from home'. Outpatient services are taking market share from inpatient (hospital) settings due...

3 months ago - Seeking Alpha

The State Of REITs: October 2024 Edition

REITs achieved their 5th straight month in the black with a +3.09% average total return in September and +9.61% year to date. Mid-cap (+5.01%), large cap (+3.41%) and small cap REITs (+2.59%) averaged...

3 months ago - Seeking Alpha

Diversified Healthcare Trust Third Quarter 2024 Conference Call Scheduled for Tuesday, November 5th

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its third quarter 2024 financial results after the Nasdaq close...

4 months ago - Business Wire

Diversified Healthcare Trust Announces Sale of 18 Triple Net Leased Senior Living Communities to Brookdale for $135 Million, or $154,000 per Unit

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced it has entered into a purchase and sale agreement with Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale”)...

Other symbols: BKD
4 months ago - Business Wire

Diversified Healthcare Trust: Progress Being Made, But I'm Still Neutral

Diversified Healthcare Trust's revenue improved in Q2, but there was a growing net loss primarily due to increased interest expenses. Occupancy levels in senior housing are rising, but challenges in t...

6 months ago - Seeking Alpha

Diversified Healthcare Trust (DHC) Q2 2024 Earnings Call Transcript

Diversified Healthcare Trust (NASDAQ:DHC) Q2 2024 Results Conference Call August 2, 2024 1:00 PM ET Company Participants Kevin Brady - Director of Investor Relations Chris Bilotto - President and Chi...

6 months ago - Seeking Alpha

Diversified Healthcare Trust Announces Second Quarter 2024 Results

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended June 30, 2024, which can be found at the Quarterly Reports sectio...

6 months ago - Business Wire

Diversified Healthcare Trust Second Quarter 2024 Conference Call Scheduled for Friday, August 2nd

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its second quarter 2024 financial results after the Nasdaq clos...

7 months ago - Business Wire

Diversified Healthcare Trust to Present at Nareit's REITweek 2024 Investor Conference on Tuesday, June 4th

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that President and Chief Executive Officer Chris Bilotto and Chief Financial Officer and Treasurer Matt Brown...

8 months ago - Business Wire

Eyes On The ECB

U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increa...

8 months ago - Seeking Alpha

Diversified Healthcare Trust Closes $120 Million Mortgage Loan

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it closed a $120 million mortgage loan secured by eight properties within DHC's Medical Office and Life ...

8 months ago - Business Wire

Picking A Winner In Healthcare REITs

Healthcare REITs performed well during the recent earnings season. The sector showed strength and resilience in the face of economic challenges, and enjoys strong tailwinds from the aging of the U.S. ...

8 months ago - Seeking Alpha

Diversified Healthcare Trust (DHC) Q1 2024 Earnings Call Transcript

Diversified Healthcare Trust (NASDAQ:DHC) Q1 2024 Earnings Call Transcript May 7, 2024 10:00 AM ET Company Participants Kevin Brady - Director of Investor Relations Chris Bilotto - President and Chie...

9 months ago - Seeking Alpha

Diversified Healthcare Trust Announces First Quarter 2024 Results

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended March 31, 2024, which can be found at the Quarterly Reports secti...

9 months ago - Business Wire