Diversified Healthcare Trust (NASDAQ:DHC – Free Report) – Stock analysts at B. Riley reduced their Q1 2026 EPS estimates for Diversified Healthcare Trust in a research report issued on Thursday, September 4th. B. Riley analyst J. Massocca now anticipates that the real estate investment trust will post earnings of $0.13 per share for the quarter, down from their prior estimate of $0.15.
Diversified Healthcare Trust (NASDAQ:DHC – Get Free Report) last issued its earnings results on Monday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, hitting analysts’ consensus estimates of $0.08. The firm had revenue of $382.71 million during the quarter, compared to the consensus estimate of $382.74 million. Diversified Healthcare Trust had a negative net margin of 18.83% and a negative return on equity of 14.69%.
Diversified Healthcare Trust Stock Performance
Diversified Healthcare Trust Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Monday, July 21st were paid a dividend of $0.01 per share. The ex-dividend date was Monday, July 21st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.0%. Diversified Healthcare Trust’s payout ratio is presently -3.36%.
Hedge Funds Weigh In On Diversified Healthcare Trust
Several large investors have recently bought and sold shares of the stock. Cim Investment Management Inc. boosted its stake in Diversified Healthcare Trust by 100.7% in the second quarter. Cim Investment Management Inc. now owns 112,707 shares of the real estate investment trust’s stock valued at $403,000 after acquiring an additional 56,556 shares in the last quarter. State of Wyoming acquired a new position in Diversified Healthcare Trust in the second quarter valued at $178,000. Carronade Capital Management LP boosted its stake in Diversified Healthcare Trust by 588.7% in the second quarter. Carronade Capital Management LP now owns 1,618,448 shares of the real estate investment trust’s stock valued at $5,794,000 after acquiring an additional 1,383,448 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in Diversified Healthcare Trust by 10.8% in the second quarter. CANADA LIFE ASSURANCE Co now owns 304,316 shares of the real estate investment trust’s stock valued at $1,087,000 after acquiring an additional 29,571 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in Diversified Healthcare Trust by 222.2% in the second quarter. Tower Research Capital LLC TRC now owns 24,008 shares of the real estate investment trust’s stock valued at $86,000 after acquiring an additional 16,556 shares in the last quarter. Institutional investors and hedge funds own 75.98% of the company’s stock.
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.
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