Shares of Diversified Healthcare Trust (NASDAQ:DHC – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $9.8333.
A number of research analysts recently weighed in on the stock. Maxim Group lifted their price objective on shares of Diversified Healthcare Trust from $10.00 to $10.50 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. B. Riley Financial increased their target price on Diversified Healthcare Trust from $8.50 to $11.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Diversified Healthcare Trust in a report on Friday, July 17th. Freedom Capital upgraded Diversified Healthcare Trust to a “strong-buy” rating in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada boosted their price objective on Diversified Healthcare Trust from $6.00 to $8.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th.
Get Our Latest Analysis on Diversified Healthcare Trust
Institutional Investors Weigh In On Diversified Healthcare Trust
Diversified Healthcare Trust Price Performance
DHC opened at $8.38 on Monday. Diversified Healthcare Trust has a twelve month low of $3.37 and a twelve month high of $9.66. The company’s 50-day moving average price is $8.98 and its two-hundred day moving average price is $7.87. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of -7.55 and a beta of 2.30. The company has a quick ratio of 4.67, a current ratio of 4.66 and a debt-to-equity ratio of 1.52.
Diversified Healthcare Trust (NASDAQ:DHC – Get Free Report) last issued its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.01). The firm had revenue of $365.39 million during the quarter, compared to the consensus estimate of $370.75 million. Diversified Healthcare Trust had a negative net margin of 17.73% and a negative return on equity of 16.22%. As a group, equities analysts expect that Diversified Healthcare Trust will post 0.6 earnings per share for the current year.
Diversified Healthcare Trust Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, July 20th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, July 20th. Diversified Healthcare Trust’s payout ratio is presently -3.60%.
Diversified Healthcare Trust Company Profile
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.
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