Diversified Healthcare Trust (NASDAQ:DHCNL – Get Free Report) is expected to be posting its results after the market closes on Monday, November 2nd. Analysts expect Diversified Healthcare Trust to announce earnings of ($0.15) per share and revenue of $370.87 million for the quarter.
Diversified Healthcare Trust Stock Performance
NASDAQ DHCNL traded down $0.47 during trading hours on Friday, hitting $19.74. 219,389 shares of the company’s stock traded hands, compared to its average volume of 26,706. The business’s fifty day moving average price is $18.50 and its two-hundred day moving average price is $18.55. Diversified Healthcare Trust has a 52 week low of $17.00 and a 52 week high of $21.00.
Diversified Healthcare Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Sunday, November 15th will be paid a $0.3906 dividend. The ex-dividend date is Friday, November 13th. This represents a $1.56 dividend on an annualized basis and a yield of 7.9%.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded shares of Diversified Healthcare Trust from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, October 27th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
Check Out Our Latest Research Report on Diversified Healthcare Trust
Diversified Healthcare Trust (NASDAQ:DHCNL) is a real estate investment trust that owns and manages healthcare-related properties in the United States. Its portfolio includes life science and medical office buildings, as well as senior living communities and other healthcare-oriented properties.
The company leases space to healthcare providers, medical organizations, life science companies and senior living operators. Its properties are located across multiple U.S. markets and are intended to support a range of healthcare delivery, research and senior care activities.
Founded in 1999 as Senior Housing Properties Trust, the company adopted the Diversified Healthcare Trust name in 2019 as its portfolio expanded beyond senior housing.
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