Diversified Healthcare Trust (DHC) to Release Quarterly Earnings on Monday

Diversified Healthcare Trust (NASDAQ:DHC) is expected to be releasing its earnings data after the market closes on Monday, February 24th. Analysts expect Diversified Healthcare Trust to post earnings of ($0.29) per share and revenue of $370.97 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Diversified Healthcare Trust Trading Down 2.2 %

DHC opened at $2.70 on Monday. The business has a 50 day simple moving average of $2.33 and a two-hundred day simple moving average of $2.94. The firm has a market capitalization of $651.43 million, a price-to-earnings ratio of -1.68 and a beta of 2.17. The company has a debt-to-equity ratio of 1.44, a current ratio of 11.57 and a quick ratio of 11.57. Diversified Healthcare Trust has a one year low of $2.01 and a one year high of $4.24.

Diversified Healthcare Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, January 27th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend is Monday, January 27th. Diversified Healthcare Trust’s payout ratio is -2.48%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Diversified Healthcare Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, January 29th.

About Diversified Healthcare Trust

Diversified Healthcare Trust is a real estate investment trust, which engages in the ownership of senior living communities, medical office buildings, and wellness centers. It operates through the following segments: Office Portfolio, Senior Housing Operating Portfolio (SHOP), and Non-Segment. The Office Portfolio segment consists of medical office properties leased to medical providers and other medical related businesses, as well as life science properties leased to biotech laboratories and other similar tenants.