Streetbeat News

DHC

Diversified Healthcare Trust

https://www.dhcreit.com

Industry

REIT - Healthcare Facilities

DHC is a real estate investment trust, or REIT, that owns medical office and life science properties, senior living communities and wellness centers throughout the United States. DHC is managed by the operating subsidiary of The RMR Group Inc., an alternative asset management company that is headquartered in Newton, MA.

Open

2.53

Mkt cap

630M

Volume

930K

High

2.61

P/E Ratio

-1.57

52-wk high

4.24

Low

2.47

Div yield

0.02

52-wk low

1.97

Diversified Healthcare Trust (DHC) held its Q3 2024 earnings call, discussing financial performance and company updates.

Portfolio Pulse from

November 05, 2024 | 10:00 pm

Diversified Healthcare Trust (DHC) reported Q3-2024 results, leading to a decline in its stock price. Despite improvements in the SHOP segment, DHC faces challenges with high debt and poor cash flow visibility. The article suggests considering bonds over common shares.

Portfolio Pulse from

November 05, 2024 | 5:30 pm

Diversified Healthcare (DHC) reported Q3 funds from operations (FFO) of $0.02 per share, missing the Zacks Consensus Estimate of $0.05 per share. This is a decrease from $0.03 per share a year ago.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

RBC Capital analyst Michael Carroll maintains an Underperform rating on Diversified Healthcare (NASDAQ:DHC) but raises the price target from $2 to $3.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 2:13 pm

Diversified Healthcare Trust (NASDAQ:DHC) shares rose after announcing the sale of 18 senior living communities to Brookdale Senior Living Inc. (NYSE:BKD) for $135 million. The sale aims to optimize DHC's portfolio and reduce its debt.

Portfolio Pulse from Dylan Berman

September 30, 2024 | 4:10 pm

Diversified Healthcare Trust (DHC) shares rose following the announcement of selling 18 senior living communities to Brookdale for $135 million.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 2:12 pm

Diversified Healthcare Trust (DHC) is selling 18 senior living communities to Brookdale Senior Living (BKD) for $135 million. The proceeds will be used to pay down $941 million in senior secured notes. The transaction is expected to close in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 7:01 am

JMP Securities analyst Aaron Hecht has reiterated a Market Perform rating on Diversified Healthcare (NASDAQ:DHC).

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:56 pm

Mortgage applications surged by 16.8% in the week ending Aug. 9, marking the largest one-week jump since January 2023. This increase, despite stable interest rates, led to a significant rise in refinance activity and positively impacted mortgage-linked stocks, including the iShares Residential and Multisector Real Estate ETF (REZ) and its top-performing stocks.

Portfolio Pulse from Piero Cingari

August 14, 2024 | 3:07 pm

B. Riley Securities has maintained a Buy rating on Diversified Healthcare (NASDAQ:DHC) and raised the price target from $5 to $6.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:21 pm

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