Diversified Healthcare Trust (NASDAQ:DHC) Hits New 12-Month High – Time to Buy?

Diversified Healthcare Trust (NASDAQ:DHC)’s share price hit a new 52-week high on Wednesday . The company traded as high as $9.66 and last traded at $9.3850, with a volume of 66621 shares traded. The stock had previously closed at $9.64.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DHC. Wall Street Zen cut Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Royal Bank Of Canada upped their price target on Diversified Healthcare Trust from $6.00 to $8.00 and gave the stock a “sector perform” rating in a report on Thursday, June 18th. Maxim Group increased their price target 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. Weiss Ratings reissued a “sell (d-)” rating on shares of Diversified Healthcare Trust in a report on Friday. Finally, Freedom Capital upgraded Diversified Healthcare Trust to a “strong-buy” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Diversified Healthcare Trust has an average rating of “Moderate Buy” and an average price target of $9.83.

Diversified Healthcare Trust Stock Performance

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 company has a market cap of $2.24 billion, a price-to-earnings ratio of -6.99 and a beta of 2.28. The stock’s fifty day simple moving average is $8.90 and its 200 day simple moving average is $7.45.

Diversified Healthcare Trust (NASDAQ:DHC) last posted its quarterly earnings results on Monday, May 4th. The real estate investment trust reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.03). The firm 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. As a group, analysts anticipate that Diversified Healthcare Trust will post 0.6 earnings per share for the current year.

Diversified Healthcare Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Monday, July 20th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Monday, July 20th. Diversified Healthcare Trust’s dividend payout ratio is currently -3.01%.

Hedge Funds Weigh In On Diversified Healthcare Trust

Hedge funds have recently made changes to their positions in the stock. Metis Global Partners LLC raised its position in Diversified Healthcare Trust by 5.3% in the 4th quarter. Metis Global Partners LLC now owns 51,564 shares of the real estate investment trust’s stock valued at $250,000 after purchasing an additional 2,595 shares in the last quarter. ProShare Advisors LLC grew its position in shares of Diversified Healthcare Trust by 7.0% during the fourth quarter. ProShare Advisors LLC now owns 40,167 shares of the real estate investment trust’s stock worth $195,000 after buying an additional 2,616 shares in the last quarter. Corient Private Wealth LLC grew its position in shares of Diversified Healthcare Trust by 24.1% during the fourth quarter. Corient Private Wealth LLC now owns 15,664 shares of the real estate investment trust’s stock worth $76,000 after buying an additional 3,043 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al increased its stake in shares of Diversified Healthcare Trust by 20.6% during 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 buying an additional 3,500 shares during the period. Finally, Daiwa Securities Group Inc. increased its stake in shares of Diversified Healthcare Trust by 4.8% during the fourth quarter. Daiwa Securities Group Inc. now owns 82,348 shares of the real estate investment trust’s stock worth $399,000 after buying an additional 3,803 shares during the period. Hedge funds and other institutional investors own 75.98% of the company’s stock.

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.