Diversified Healthcare Trust (NASDAQ:DHC – Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $9.15 and last traded at $9.1450, with a volume of 405471 shares traded. The stock had previously closed at $8.94.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on DHC shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Diversified Healthcare Trust in a report on Monday, April 20th. Freedom Capital raised Diversified Healthcare Trust to a “strong-buy” rating in a report on Thursday, April 30th. B. Riley Financial lifted their price target on Diversified Healthcare Trust from $8.50 to $11.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. Maxim Group boosted their price target on Diversified Healthcare Trust from $10.00 to $10.50 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Finally, Wall Street Zen lowered Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. One 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 issued a Sell rating to the stock. According to MarketBeat, Diversified Healthcare Trust currently has an average rating of “Moderate Buy” and a consensus target price of $9.83.
Get Our Latest Report on Diversified Healthcare Trust
Diversified Healthcare Trust Stock Up 2.4%
Diversified Healthcare Trust (NASDAQ:DHC – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The real estate investment trust reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $366.47 million during the quarter, compared to analyst estimates of $380.18 million. Diversified Healthcare Trust has set its FY 2026 guidance at 0.520-0.580 EPS. On average, analysts predict that Diversified Healthcare Trust will post 0.6 earnings per share for the current year.
Diversified Healthcare Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Tuesday, April 21st were issued a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, April 21st. This represents a $0.04 dividend on an annualized basis and a yield of 0.4%. Diversified Healthcare Trust’s dividend payout ratio is presently -3.01%.
Institutional Trading of Diversified Healthcare Trust
Several institutional investors have recently bought and sold shares of the business. Summit Securities Group LLC acquired a new position in shares of Diversified Healthcare Trust during the 1st quarter worth approximately $31,000. KBC Group NV purchased a new position in shares of Diversified Healthcare Trust during the 1st quarter valued at approximately $35,000. Western Wealth Management LLC acquired a new stake in Diversified Healthcare Trust in the 1st quarter valued at $38,000. CWM LLC grew its stake in Diversified Healthcare Trust by 174.5% in the 4th quarter. CWM LLC now owns 6,555 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 4,167 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Diversified Healthcare Trust in the 2nd quarter worth $28,000. 75.98% of the stock is owned by institutional investors and hedge funds.
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.
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