Diversified Healthcare Trust (DHC)
Market Cap | 635.76M |
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 (1.52%) |
Ex-Dividend Date | Oct 28, 2024 |
Volume | 281,599 |
Open | 2.680 |
Previous Close | 2.680 |
Day's Range | 2.600 - 2.720 |
52-Week Range | 2.190 - 4.240 |
Beta | 2.16 |
Analysts | Hold |
Price Target | 4.50 (+70.78%) |
Earnings Date | Nov 4, 2024 |
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]
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 StatementsAnalyst 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 70.78% from the latest price.
News
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....
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...
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.
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...
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...
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...
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...
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...
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 common share ($0.04 per share per yea...
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...
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”)...
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...
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...
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...
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...
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...
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 ...
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. ...
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...
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...
Diversified Healthcare Trust Provides Monthly SHOP Performance Update
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today provided an update regarding the recent performance of its Senior Housing Operating Portfolio, or SHOP, segment. Monthl...
Diversified Healthcare Trust First Quarter 2024 Conference Call Scheduled for Tuesday, May 7th
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its first quarter 2024 financial results after the Nasdaq close...
Diversified Healthcare Trust: A Look At The 9% Yielding Baby Bonds
Diversified Healthcare Trust's merger with Office Properties Income Trust was called off and Office Properties has underperformed Diversified Healthcare by 85% since then. Diversified Healthcare's Q4 ...