Diversified Healthcare Trust (DHC)
Market Cap | 899.75M |
Revenue (ttm) | 1.46B |
Net Income (ttm) | -352.46M |
Shares Out | 240.57M |
EPS (ttm) | -1.47 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | $0.04 (1.07%) |
Ex-Dividend Date | Jul 22, 2024 |
Volume | 604,455 |
Open | 3.870 |
Previous Close | 3.900 |
Day's Range | 3.720 - 3.870 |
52-Week Range | 1.690 - 4.240 |
Beta | 2.22 |
Analysts | Buy |
Price Target | 6.00 (+60.43%) |
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 2 analysts, the average rating for DHC stock is "Buy." The 12-month stock price forecast is $6.0, which is an increase of 60.43% from the latest price.
News
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 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 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 ...
Diversified Healthcare Trust (DHC) Q4 2023 Earnings Call Transcript
Diversified Healthcare Trust (DHC) Q4 2023 Earnings Call Transcript
Diversified Healthcare Trust Announces Fourth Quarter 2023 Results
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended December 31, 2023, which can be found at the Quarterly Reports se...
Diversified Healthcare Trust Fourth Quarter 2023 Conference Call Scheduled for Tuesday, February 27th
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its fourth quarter 2023 financial results after the Nasdaq clos...
Diversified Healthcare Trust: Hurtin' For Certain
The company's fundamentals, particularly in the balance sheet, raise questions about its long-term prospects and whether last year's gains were sustainable.
Diversified Healthcare Trust Announces 2023 Dividend Allocation
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that the characterization of dividends for 2023 income tax reporting purposes is as follows: Common Shares Di...
The State Of REITs: January 2024 Edition
The REIT sector closed the year out strong with a +11.40% total return in December, pushing into positive territory for the full year (+8.66%). Small cap REITs (+13.39%) outperformed in December. Larg...
Disinflation: A Gift That Keeps Giving
U.S. equity markets extended their winning streak to an eighth week - the longest in five years - after inflation data both domestically and abroad showed a further cooling of price pressures. Extendi...
Diversified Healthcare Trust Closes $941 Million Zero Coupon Senior Secured Notes with a Maturity Date in January 2026, and a One-Year Extension Option
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has consummated the offering of an aggregate principal amount of $941 million of senior secured notes...
Diversified Healthcare Trust Prices $941 Million Zero Coupon Senior Secured Notes with a Maturity Date of January 15, 2026 and a One-Year Extension Option
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has priced an aggregate principal amount of $941 million of senior secured notes due January 2026, wi...