Diversified Healthcare Trust (NASDAQ:DHCNL – Get Free Report) is projected to post its results after the market closes on Monday, November 2nd. Analysts expect the company to announce earnings of ($0.15) per share and revenue of $370.87 million for the quarter.
Diversified Healthcare Trust Stock Performance
Shares of DHCNL traded down $0.47 during midday trading on Friday, reaching $19.74. The stock had a trading volume of 219,389 shares, compared to its average volume of 26,706. The firm has a 50 day simple moving average of $18.50 and a 200-day simple moving average of $18.55. Diversified Healthcare Trust has a one year low of $17.00 and a one year high of $21.00.
Diversified Healthcare Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Sunday, November 15th will be paid a dividend of $0.3906 per share. The ex-dividend date is Friday, November 13th. This represents a $1.56 annualized dividend and a yield of 7.9%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded shares of Diversified Healthcare Trust from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, October 27th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on Diversified Healthcare Trust
Diversified Healthcare Trust (NASDAQ:DHCNL) is a real estate investment trust that owns and manages healthcare-related properties in the United States. Its portfolio includes life science and medical office buildings, as well as senior living communities and other healthcare-oriented properties.
The company leases space to healthcare providers, medical organizations, life science companies and senior living operators. Its properties are located across multiple U.S. markets and are intended to support a range of healthcare delivery, research and senior care activities.
Founded in 1999 as Senior Housing Properties Trust, the company adopted the Diversified Healthcare Trust name in 2019 as its portfolio expanded beyond senior housing.
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