Diversified Healthcare Trust (NASDAQ:DHC) Receives Consensus Rating of “Moderate Buy” from Brokerages

Diversified Healthcare Trust (NASDAQ:DHC) has been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $9.8333.

A number of analysts have recently issued reports on DHC shares. Royal Bank Of Canada lifted their price target on Diversified Healthcare Trust from $6.00 to $8.00 and gave the company a “sector perform” rating in a research report on Thursday, June 18th. Weiss Ratings restated a “sell (d-)” rating on shares of Diversified Healthcare Trust in a research report on Monday, April 20th. Freedom Capital upgraded Diversified Healthcare Trust to a “strong-buy” rating in a research report on Thursday, April 30th. B. Riley Financial boosted 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. Finally, Maxim Group boosted their target price on Diversified Healthcare Trust from $10.00 to $10.50 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd.

Institutional Trading of Diversified Healthcare Trust

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Arini Captial Management Ltd purchased a new position in shares of Diversified Healthcare Trust during the fourth quarter valued at approximately $14,400,000. Carronade Capital Management LP increased its stake in shares of Diversified Healthcare Trust by 181.9% during the third quarter. Carronade Capital Management LP now owns 4,561,748 shares of the real estate investment trust’s stock valued at $20,117,000 after buying an additional 2,943,300 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Diversified Healthcare Trust by 158.9% during the first quarter. Goldman Sachs Group Inc. now owns 3,862,334 shares of the real estate investment trust’s stock valued at $9,270,000 after buying an additional 2,370,459 shares during the period. Centersquare Investment Management LLC increased its stake in shares of Diversified Healthcare Trust by 123.1% during the fourth quarter. Centersquare Investment Management LLC now owns 3,229,172 shares of the real estate investment trust’s stock valued at $15,661,000 after buying an additional 1,781,839 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of Diversified Healthcare Trust by 125.1% during the first quarter. Bank of New York Mellon Corp now owns 2,390,413 shares of the real estate investment trust’s stock valued at $15,872,000 after buying an additional 1,328,648 shares during the period. Institutional investors own 75.98% of the company’s stock.

Diversified Healthcare Trust Stock Performance

Shares of DHC opened at $9.49 on Friday. The company has a market cap of $2.30 billion, a PE ratio of -7.14 and a beta of 2.32. The company has a current ratio of 5.36, a quick ratio of 5.36 and a debt-to-equity ratio of 1.48. The stock has a 50-day moving average price of $8.40 and a 200-day moving average price of $6.92. Diversified Healthcare Trust has a 12-month low of $3.18 and a 12-month high of $9.63.

Diversified Healthcare Trust (NASDAQ:DHC) last issued its quarterly earnings results on Monday, May 4th. The real estate investment trust reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.03). The business had revenue of $366.47 million for the quarter, compared to the consensus estimate of $380.18 million. Diversified Healthcare Trust had a negative net margin of 21.10% and a negative return on equity of 18.75%. Diversified Healthcare Trust has set its FY 2026 guidance at 0.520-0.580 EPS. As a group, equities analysts forecast that Diversified Healthcare Trust will post 0.6 earnings per share for the current fiscal year.

Diversified Healthcare Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Tuesday, April 21st were given a $0.01 dividend. The ex-dividend date was Tuesday, April 21st. This represents a $0.04 dividend on an annualized basis and a yield of 0.4%. Diversified Healthcare Trust’s payout ratio is presently -3.01%.

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.