Profile
Sector:
Real EstateIndustry:
Healthcare FacilitiesCountry:
United StatesIPO:
23 February 2000Website:
http://www.dhcreit.comNext earnings report:
26 February 2025Last dividends:
28 October 2024Next dividends:
N/APrice
regular market | 10 min agoAnalysts recommendations
Institutional Ownership
DHC Latest News
Diversified Healthcare Trust's stock underperforms due to liquidity issues, with medical office properties dragging down earnings despite senior living segment support. Third-quarter revenue rose, but higher expenses and interest costs led to a significant net loss and declining shareholder equity. The company improved operating cash flow but still burns free cash flow and faces substantial debt maturities in 2025 and 2026.
Diversified Healthcare Trust (NASDAQ:DHC ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Melissa McCarthy - Manager, IR Chris Bilotto - President & CEO Matthew Brown - CFO Conference Call Participants Bryan Maher - B. Riley FBR Justin Haasbeek - RBC Capital Markets Operator Good morning, and welcome to the Diversified Healthcare Trust Third Quarter 2024 Earnings Conference Call.
Diversified Healthcare Trust's (DHC) reported Q3-2024 results and the stock tanked. Despite improvements in the SHOP segment, DHC struggles with high debt and poor cash flow visibility. We examine the different bonds one can consider in lieu of the common shares.
Diversified Healthcare Trust's revenue improved in Q2, but there was a growing net loss primarily due to increased interest expenses. Occupancy levels in senior housing are rising, but challenges in the medical office and life science portfolio remain. DHC faces a debt maturity wall in 2025 and 2026, with plans to refinance through secured debt deals to lower interest expenses.
Diversified Healthcare Trust (NASDAQ:DHC ) Q2 2024 Results Conference Call August 2, 2024 1:00 PM ET Company Participants Kevin Brady - Director of Investor Relations Chris Bilotto - President and Chief Executive Officer Matt Brown - Chief Financial Officer Conference Call Participants Bryan Maher - B. Riley FBR Justin Haasbeek - RBC Capital Markets Operator Good afternoon, and welcome to the Diversified Healthcare Trust Second Quarter 2024 Earnings Conference Call.
Diversified Healthcare (DHC) came out with quarterly funds from operations (FFO) of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.05 per share a year ago.
Diversified Healthcare (DHC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Diversified Healthcare (DHC) reported quarterly funds from operations (FFO) of $0.01 per share, which matched the Zacks Consensus Estimate. This is a decrease from the FFO of $0.05 per share reported in the same quarter last year.
Diversified Healthcare Trust (DHC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Diversified Healthcare (DHC) closed at $2.59 in the latest trading session, marking a -1.15% move from the prior day.
What type of business is 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. As of December 31, 2023, DHC's approximately $7.2 billion portfolio included 371 properties in 36 states and Washington, D.C., occupied by approximately 500 tenants, and totaling approximately 8.6 million square feet of life science and medical office properties and more than 27,000 senior living units. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA.
What sector is Diversified Healthcare Trust in?
Diversified Healthcare Trust is in the Real Estate sector
What industry is Diversified Healthcare Trust in?
Diversified Healthcare Trust is in the Healthcare Facilities industry
What country is Diversified Healthcare Trust from?
Diversified Healthcare Trust is headquartered in United States
When did Diversified Healthcare Trust go public?
Diversified Healthcare Trust initial public offering (IPO) was on 23 February 2000
What is Diversified Healthcare Trust website?
https://www.dhcreit.com
Is Diversified Healthcare Trust in the S&P 500?
No, Diversified Healthcare Trust is not included in the S&P 500 index
Is Diversified Healthcare Trust in the NASDAQ 100?
No, Diversified Healthcare Trust is not included in the NASDAQ 100 index
Is Diversified Healthcare Trust in the Dow Jones?
No, Diversified Healthcare Trust is not included in the Dow Jones index
When was Diversified Healthcare Trust the previous earnings report?
No data
When does Diversified Healthcare Trust earnings report?
The next expected earnings date for Diversified Healthcare Trust is 26 February 2025