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

Shares of Diversified Healthcare Trust (NASDAQ:DHCGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $9.8333.

Several research firms have recently weighed in on DHC. Maxim Group lifted their price objective on 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 boosted their price objective on Diversified Healthcare Trust from $8.50 to $11.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Diversified Healthcare Trust in a research report on Monday, April 20th. Royal Bank Of Canada raised their target price 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. Finally, Wall Street Zen cut shares of Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th.

Check Out Our Latest Report on Diversified Healthcare Trust

Hedge Funds Weigh In On Diversified Healthcare Trust

Several institutional investors and hedge funds have recently modified their holdings of DHC. Raymond James Financial Inc. acquired a new position in Diversified Healthcare Trust in the 2nd quarter worth about $28,000. Summit Securities Group LLC bought a new position in Diversified Healthcare Trust in the 1st quarter worth $31,000. CWM LLC lifted its holdings in shares of Diversified Healthcare Trust by 174.5% during the fourth quarter. CWM LLC now owns 6,555 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 4,167 shares during the last quarter. KBC Group NV acquired a new position in shares of Diversified Healthcare Trust during the first quarter valued at about $35,000. Finally, Western Wealth Management LLC acquired a new position in shares of Diversified Healthcare Trust in the 1st quarter valued at $38,000. 75.98% of the stock is currently owned by hedge funds and other institutional investors.

Diversified Healthcare Trust Stock Up 0.2%

Shares of NASDAQ:DHC opened at $8.93 on Thursday. The stock’s 50-day moving average price is $8.82 and its two-hundred day moving average price is $7.32. The company has a current ratio of 5.36, a quick ratio of 5.36 and a debt-to-equity ratio of 1.48. Diversified Healthcare Trust has a 12-month low of $3.18 and a 12-month high of $9.66. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of -6.71 and a beta of 2.28.

Diversified Healthcare Trust (NASDAQ:DHCGet Free Report) last released its 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 company 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 18.75%. Diversified Healthcare Trust has set its FY 2026 guidance at 0.520-0.580 EPS. On average, research analysts forecast that Diversified Healthcare Trust will post 0.6 EPS for the current year.

Diversified Healthcare Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Monday, July 20th will be given a dividend of $0.01 per share. The ex-dividend date is Monday, July 20th. This represents a $0.04 dividend on an annualized basis and a yield of 0.4%. Diversified Healthcare Trust’s dividend payout ratio (DPR) is presently -3.01%.

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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Analyst Recommendations for Diversified Healthcare Trust (NASDAQ:DHC)

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