Diversified Healthcare Trust (NASDAQ:DHC) Hits New 52-Week High – What’s Next?

Diversified Healthcare Trust (NASDAQ:DHCGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $8.88 and last traded at $8.8520, with a volume of 346611 shares trading hands. The stock had previously closed at $8.58.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on DHC shares. B. Riley Financial lifted their price target on Diversified Healthcare Trust from $6.50 to $8.50 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. Freedom Capital upgraded Diversified Healthcare Trust to a “strong-buy” rating in a research report on Thursday, April 30th. Royal Bank Of Canada lifted their price target on Diversified Healthcare Trust from $5.00 to $6.00 and gave the company a “sector perform” rating in a research report on Monday, March 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Diversified Healthcare Trust in a research note on Monday, April 20th. Finally, Wall Street Zen downgraded Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Diversified Healthcare Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $8.17.

View Our Latest Stock Analysis on Diversified Healthcare Trust

Diversified Healthcare Trust Stock Up 4.4%

The company has a quick ratio of 5.36, a current ratio of 5.36 and a debt-to-equity ratio of 1.48. The company has a fifty day simple moving average of $7.42 and a 200 day simple moving average of $6.11. The firm has a market capitalization of $2.17 billion, a P/E ratio of -6.70 and a beta of 2.33.

Diversified Healthcare Trust (NASDAQ:DHCGet Free Report) last released its earnings results on Monday, May 4th. The real estate investment trust reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.03). Diversified Healthcare Trust had a negative return on equity of 18.75% and a negative net margin of 21.10%.The company had revenue of $366.47 million during the quarter, compared to the consensus estimate of $380.18 million. Diversified Healthcare Trust has set its FY 2026 guidance at 0.520-0.580 EPS. On average, equities analysts expect that Diversified Healthcare Trust will post 0.57 EPS for the current fiscal year.

Diversified Healthcare Trust Dividend Announcement

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Metis Global Partners LLC raised its stake in shares of Diversified Healthcare Trust by 5.3% in the fourth quarter. Metis Global Partners LLC now owns 51,564 shares of the real estate investment trust’s stock worth $250,000 after purchasing an additional 2,595 shares during the last quarter. ProShare Advisors LLC raised its stake in shares of Diversified Healthcare Trust by 7.0% in the fourth quarter. ProShare Advisors LLC now owns 40,167 shares of the real estate investment trust’s stock worth $195,000 after purchasing an additional 2,616 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of Diversified Healthcare Trust by 24.1% in the fourth quarter. Corient Private Wealth LLC now owns 15,664 shares of the real estate investment trust’s stock worth $76,000 after purchasing an additional 3,043 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in shares of Diversified Healthcare Trust by 20.6% in the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 20,500 shares of the real estate investment trust’s stock worth $99,000 after purchasing an additional 3,500 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its stake in shares of Diversified Healthcare Trust by 4.8% in the fourth quarter. Daiwa Securities Group Inc. now owns 82,348 shares of the real estate investment trust’s stock worth $399,000 after purchasing an additional 3,803 shares during the last quarter. Hedge funds and other institutional investors own 75.98% of the company’s stock.

About Diversified Healthcare Trust

(Get Free Report)

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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