Diversified Healthcare Trust (DHC) Set to Announce Earnings on Monday

Diversified Healthcare Trust (NASDAQ:DHC) will issue its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Diversified Healthcare Trust (NASDAQ:DHC) last posted its quarterly earnings data 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). Diversified Healthcare Trust had a negative net margin of 24.14% and a negative return on equity of 15.36%. The company had revenue of $371.39 million during the quarter, compared to analyst estimates of $372.11 million. During the same quarter in the previous year, the business posted $0.05 EPS. 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 Down 2.8 %

Shares of NASDAQ DHC opened at $3.47 on Friday. Diversified Healthcare Trust has a 1-year low of $1.94 and a 1-year high of $4.24. The company has a 50-day moving average of $3.62 and a two-hundred day moving average of $3.11. The company has a market cap of $834.78 million, a PE ratio of -2.34 and a beta of 2.23. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 14th. Investors of record on Monday, October 28th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 1.15%. The ex-dividend date is Monday, October 28th. Diversified Healthcare Trust’s dividend payout ratio (DPR) is presently -2.70%.

Wall Street Analyst Weigh In

Several research firms have recently commented on DHC. JMP Securities reissued a “market perform” rating on shares of Diversified Healthcare Trust in a research note on Wednesday, August 21st. B. Riley boosted their price objective on Diversified Healthcare Trust from $5.00 to $6.00 and gave the stock a “buy” rating in a report on Monday, August 5th. StockNews.com lowered shares of Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research note on Saturday, August 31st. Finally, Royal Bank of Canada lifted their price target on shares of Diversified Healthcare Trust from $2.00 to $3.00 and gave the stock an “underperform” rating in a research report on Monday, October 14th.

About Diversified Healthcare Trust

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.