Diversified Healthcare Trust (NASDAQ:DHC) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS

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

Diversified Healthcare Trust Price Performance

Shares of NASDAQ DHC traded down $0.02 during midday trading on Wednesday, hitting $8.15. The company had a trading volume of 93,998 shares, compared to its average volume of 1,900,186. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 1.44. Diversified Healthcare Trust has a twelve month low of $2.80 and a twelve month high of $8.41. The business has a 50-day simple moving average of $7.10 and a two-hundred day simple moving average of $5.81. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of -6.11 and a beta of 2.33.

Diversified Healthcare Trust Announces Dividend

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

Institutional Trading of Diversified Healthcare Trust

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new stake in shares of Diversified Healthcare Trust in the second quarter valued at about $28,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Diversified Healthcare Trust in the fourth quarter valued at about $49,000. L2 Asset Management LLC acquired a new stake in shares of Diversified Healthcare Trust in the fourth quarter valued at about $49,000. Corient Private Wealth LLC raised its position in Diversified Healthcare Trust by 24.1% during the fourth quarter. Corient Private Wealth LLC now owns 15,664 shares of the real estate investment trust’s stock worth $76,000 after acquiring an additional 3,043 shares during the last quarter. Finally, Franklin Resources Inc. acquired a new position in Diversified Healthcare Trust during the fourth quarter worth about $77,000. Institutional investors and hedge funds own 75.98% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on DHC. Freedom Capital raised shares of Diversified Healthcare Trust to a “strong-buy” rating in a report on Thursday, April 30th. B. Riley Financial lifted their target price on shares of Diversified Healthcare Trust from $6.50 to $8.50 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Royal Bank Of Canada lifted their target price on shares of Diversified Healthcare Trust from $5.00 to $6.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Maxim Group began coverage on shares of Diversified Healthcare Trust in a report on Monday, April 27th. They issued a “buy” rating and a $9.50 target price on the stock. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Diversified Healthcare Trust in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $8.00.

About Diversified Healthcare Trust

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.