B. Riley Has Bearish Forecast for DHC Q1 Earnings

Diversified Healthcare Trust (NASDAQ:DHC) – B. Riley cut their Q1 2025 earnings per share estimates for Diversified Healthcare Trust in a report issued on Wednesday, November 6th. B. Riley analyst B. Maher now anticipates that the real estate investment trust will earn $0.04 per share for the quarter, down from their previous forecast of $0.10. B. Riley currently has a “Buy” rating and a $6.00 price objective on the stock. The consensus estimate for Diversified Healthcare Trust’s current full-year earnings is $0.20 per share.

Diversified Healthcare Trust (NASDAQ:DHC) last issued its quarterly earnings data on Monday, November 4th. The real estate investment trust reported ($0.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.46). The company had revenue of $373.64 million for the quarter, compared to analysts’ expectations of $376.80 million. Diversified Healthcare Trust had a negative return on equity of 17.17% and a negative net margin of 26.09%. During the same period last year, the company posted $0.03 EPS.

DHC has been the topic of a number of other research reports. StockNews.com lowered shares of Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a report on Saturday, August 31st. Royal Bank of Canada increased their price objective on Diversified Healthcare Trust from $2.00 to $3.00 and gave the stock an “underperform” rating in a research report on Monday, October 14th. Finally, JMP Securities restated a “market perform” rating on shares of Diversified Healthcare Trust in a research report on Wednesday, August 21st.

Diversified Healthcare Trust Trading Down 6.8 %

Shares of Diversified Healthcare Trust stock opened at $2.68 on Thursday. The company’s 50-day moving average price is $3.57 and its 200-day moving average price is $3.12. The company has a current ratio of 11.63, a quick ratio of 11.63 and a debt-to-equity ratio of 1.36. Diversified Healthcare Trust has a 12-month low of $1.94 and a 12-month high of $4.24. The company has a market cap of $644.73 million, a price-to-earnings ratio of -1.66 and a beta of 2.23.

Institutional Trading of Diversified Healthcare Trust

Hedge funds have recently made changes to their positions in the stock. BlackBarn Capital Partners LP boosted its stake in Diversified Healthcare Trust by 128.6% in the second quarter. BlackBarn Capital Partners LP now owns 4,000,000 shares of the real estate investment trust’s stock worth $12,200,000 after buying an additional 2,250,000 shares in the last quarter. Atomi Financial Group Inc. purchased a new position in shares of Diversified Healthcare Trust during the first quarter worth approximately $46,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of Diversified Healthcare Trust by 99.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,300 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 7,629 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Diversified Healthcare Trust in the 1st quarter valued at $187,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of Diversified Healthcare Trust by 68.9% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 40,340 shares of the real estate investment trust’s stock valued at $169,000 after purchasing an additional 16,456 shares during the last quarter. 75.98% of the stock is owned by institutional investors.

Diversified Healthcare Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 14th. Stockholders of record on Monday, October 28th will be issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date is Monday, October 28th. Diversified Healthcare Trust’s payout ratio is -2.48%.

Diversified Healthcare Trust Company Profile

DHC is a real estate investment trust, or REIT, focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum by care delivery and practice type, by scientific research disciplines and by property type and location.