Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) will be announcing its earnings results after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Investors interested in participating in the company's conference call can do so using this link.
Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) last posted its earnings results on Thursday, August 1st. The real estate investment trust reported ($0.41) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.44). The business had revenue of $371.39 million for the quarter, compared to the consensus estimate of $372.11 million. Diversified Healthcare Trust had a negative return on equity of 15.36% and a negative net margin of 24.14%. During the same quarter in the prior year, the firm posted $0.05 earnings per share. On average, analysts expect Diversified Healthcare Trust to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Diversified Healthcare Trust Trading Up 2.1 %
DHC stock traded up $0.07 during midday trading on Monday, hitting $3.47. 605,731 shares of the company's stock were exchanged, compared to its average volume of 1,037,772. The stock's fifty day moving average price is $3.59 and its 200-day moving average price is $3.08. The company has a debt-to-equity ratio of 1.36, a quick ratio of 11.63 and a current ratio of 11.63. The company has a market cap of $835.00 million, a PE ratio of -2.53 and a beta of 2.22. Diversified Healthcare Trust has a one year low of $1.94 and a one year high of $4.24.
Diversified Healthcare Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 14th. Shareholders of record on Monday, October 28th will be issued a dividend of $0.01 per share. The ex-dividend date is Monday, October 28th. This represents a $0.04 annualized dividend and a yield of 1.15%. Diversified Healthcare Trust's dividend payout ratio is presently -2.92%.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on DHC shares. StockNews.com downgraded Diversified Healthcare Trust from a "hold" rating to a "sell" rating in a research report on Saturday, August 31st. JMP Securities reissued a "market perform" rating on shares of Diversified Healthcare Trust in a research report on Wednesday, August 21st. B. Riley boosted their price target on Diversified Healthcare Trust from $5.00 to $6.00 and gave the stock a "buy" rating in a research report on Monday, August 5th. Finally, Royal Bank of Canada boosted their price target 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.
View Our Latest Stock Report on DHC
About Diversified Healthcare Trust
(
Get Free Report)
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.
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