Diversified Healthcare Trust (DHC) to Release Earnings on Monday

Diversified Healthcare Trust (NASDAQ:DHC) is scheduled to be announcing its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Diversified Healthcare Trust Stock Performance

Shares of Diversified Healthcare Trust stock opened at $2.62 on Friday. The firm has a 50 day simple moving average of $2.59 and a 200 day simple moving average of $2.65. Diversified Healthcare Trust has a fifty-two week low of $0.80 and a fifty-two week high of $3.96. The company has a debt-to-equity ratio of 1.21, a current ratio of 8.46 and a quick ratio of 8.46. The firm has a market cap of $629.90 million, a P/E ratio of -2.13 and a beta of 2.09.

Diversified Healthcare Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Shareholders of record on Monday, April 22nd will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date of this dividend is Friday, April 19th. Diversified Healthcare Trust’s dividend payout ratio is presently -3.25%.

Analyst Ratings Changes

Separately, StockNews.com lowered Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, March 26th.

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.