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Diversified Healthcare Trust (DHC)

NASDAQ: DHC · IEX Real-Time Price · USD
3.74 0.01 (0.27%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap891.52M
Revenue (ttm)1.49B
Net Income (ttm)-224.84M
Shares Out237.87M
EPS (ttm)-0.95
PE Ration/a
Forward PEn/a
Dividend$0.04 (1.07%)
Ex-Dividend DateOct 22, 2021
Volume595,113
Open3.75
Previous Close3.73
Day's Range3.70 - 3.81
52-Week Range2.82 - 5.54
Beta1.38
AnalystsHold
Price Target4.60 (+23.0%)
Est. Earnings DateNov 3, 2021

About DHC

DHC is a real estate investment trust, or REIT, that owns medical office and life science properties, senior living communities and wellness centers throughout the United States. DHC is managed by the operating subsidiary of The RMR Group Inc., an alternative asset management company that is headquartered in Newton, MA.

IndustryEquity Real Estate Investment Trusts (REITs)
CountryUnited States
Stock ExchangeNASDAQ
Ticker SymbolDHC
Full Company Profile

Financial Performance

In 2020, DHC's revenue was $1.63 billion, an increase of 56.90% compared to the previous year's $1.04 billion. Losses were -$139.45 million, 58.0% more than in 2019.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for DHC stock is "Hold." The 12-month stock price forecast is 4.60, which is an increase of 22.99% from the latest price.

Price Target
$4.60
(22.99% upside)
Analyst Consensus: Hold

News

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 year)...

1 week ago - Business Wire

Diversified Healthcare Trust Third Quarter 2021 Conference Call Scheduled for Thursday, November 4th

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its third quarter 2021 financial results after the Nasdaq closes ...

2 weeks ago - Business Wire

Diversified Healthcare Trust Announces Changes to the Benchmark Index for Its Business Management Agreement With The ...

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) announced today that it has amended its business management agreement with The RMR Group LLC, or RMR LLC, a majority-owned subs...

3 weeks ago - Business Wire

Diversified Healthcare Trust Announces Further Management Transition Progress

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has entered into a new management agreement with Navion Senior Solutions for five assisted living commu...

3 weeks ago - Business Wire

Diversified Healthcare Trust Announces Further Management Transition Progress and Business Updates

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) announced today that it has entered into a new management agreement with Northstar Senior Living for five memory care communiti...

1 month ago - Business Wire

Diversified Healthcare (DHC) Tops Q2 FFO Estimates

Diversified Healthcare (DHC) delivered FFO and revenue surprises of 150.00% and -6.44%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Diversified Healthcare Trust Announces Second Quarter 2021 Results

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended June 30, 2021. “In the second quarter of 2021, we reported normaliz...

2 months ago - Business Wire

Diversified Healthcare Trust Announces Further Management Transition Progress and Initial Sale of Skilled Nursing Bed...

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) announced today that it has entered into a new management agreement with Stellar Senior Living for nine skilled nursing communi...

2 months ago - Business Wire

Is Diversified Healthcare (DHC) a Great Stock for Value Investors?

Is Diversified Healthcare (DHC) a great pick from the value investor's perspective right now? Read on to know more.

3 months ago - Zacks Investment Research

Diversified Healthcare Trust Progresses on Transition of 108 Senior Living Communities to New Operators

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) announced today that it has entered into three new management agreements for a total of 66 communities with 4,084 units in its ...

3 months 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 common share ($0.04 per share per year)...

3 months ago - Business Wire

Diversified Healthcare Trust Second Quarter 2021 Conference Call Scheduled for Thursday, August 5th

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its second quarter 2021 financial results after the Nasdaq closes...

3 months ago - Business Wire

Diversified Healthcare Trust Announces Annual Meeting Results

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced the results of its 2021 Annual Meeting of Shareholders which was held yesterday. Additionally, the company has ...

4 months ago - Business Wire

Diversified Healthcare Trust to Present at Nareit's REITweek: 2021 Virtual Investor Conference on Tuesday, June 8th

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that President and Chief Operating Officer Jennifer Francis, and Chief Financial Officer and Treasurer Richard ...

5 months ago - Business Wire

Diversified Healthcare Trust Recognized as a Gold-Level 2021 Green Lease Leader by the U.S. Department of Energy's Be...

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has been recognized as a Gold-level 2021 Green Lease Leader during the U.S. Department of Energy's (DOE...

5 months ago - Business Wire

Diversified Healthcare (DHC) Misses Q1 FFO and Revenue Estimates

Diversified Healthcare (DHC) delivered FFO and revenue surprises of -33.33% and -0.27%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Diversified Healthcare Trust Announces First Quarter 2021 Results

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended March 31, 2021. “We are pleased that the COVID-19 vaccination clini...

5 months ago - Business Wire

Is It Time To Consider These 3 Penny Stocks?

Penny stocks Diversified Healthcare Trust (NASDAQ:DHC), RISE Education Cayman Ltd (NASDAQ:REDU), and TD Holdings, Inc. (NASDAQ:GLG) have all dropped to levels that have been support in the past. At a su...

Other symbols:GLGREDU
5 months ago - Benzinga

Five Star Senior Living Announces New Strategic Plan Which Will Reposition Senior Living Management Business and Comp...

NEWTON, Mass,--(BUSINESS WIRE)--Five Star Senior Living Inc. (Nasdaq: FVE), or Five Star, today announced a new strategic plan to reposition its senior living management business to focus on larger inde...

Other symbols:FVE
6 months ago - Business Wire

Diversified Healthcare Trust Agrees to Amend Management Agreements with Five Star Senior Living Inc.

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has agreed to amend its management arrangements with Five Star Senior Living Inc. (Nasdaq: FVE), or Fiv...

Other symbols:FVE
6 months ago - Business Wire

Diversified Healthcare Trust First Quarter 2021 Conference Call Scheduled for Thursday, May 6th

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its first quarter 2021 financial results after the Nasdaq closes ...

6 months ago - Business Wire

Diversified Healthcare Trust Announces Fourth Quarter 2020 Results

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended December 31, 2020. “The commencement of vaccine distribution in Dec...

8 months ago - Business Wire

Diversified Healthcare Trust Prices $500 Million of 4.375% Senior Notes due 2031

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has priced an underwritten public offering of $500 million of 4.375% Senior Notes due 2031, guaranteed ...

8 months ago - Business Wire

Diversified Healthcare Trust Provides Business Updates and Announces Amendments to Credit Facilities

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today provided certain business updates regarding the ongoing impacts of the COVID-19 pandemic on DHC's business and operating ...

Other symbols:FVE
8 months ago - Business Wire

Diversified Healthcare Trust Fourth Quarter 2020 Conference Call Scheduled for Thursday, February 25th

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its fourth quarter 2020 financial results after the Nasdaq closes...

8 months ago - Business Wire