Diversified Healthcare Trust

Diversified Healthcare Trust is a real estate investment trust, which engages in the ownership of senior living communities, medical office buildings, and wellness centers. It operates through the following segments: Office Portfolio, Senior Housing Operating Portfolio (SHOP), and Non-Segment. The Office Portfolio segment consists of medical office properties leased to medical providers and other medical related businesses, as well as life science properties leased to biotech laboratories and other similar tenants. The SHOP segment manages senior living communities that offers short term and long term residential care, and other services for residents where it pay fees to the operator to manage the communities for its account. The company was founded on December 16, 1998 and is headquartered in Newton, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DHC reports improved Q4 performance, eyes asset optimization

DHC shows improved performance with normalized FFO in Q4 2022.
Operators focus on strengthening employee base and property portfolio.
Challenges in expenses and capital spending addressed for growth.
Opportunities lie in SHOP segment recovery and asset optimization.

DHC reports improved Q1 earnings, focuses on merger benefits

DHC's Q1 2023 earnings call highlighted improved financial performance, particularly in normalized FFO and NOI. The planned merger with OPI is expected to address challenges and unlock opportunities for enhanced financial stability. Concerns around debt covenants and liquidity were acknowledged, emphasizing the importance of strategic decisions moving forward.

DHC reports Q2 FFO growth, faces cost pressures and merger opportunities

DHC's Q2 performance showed improvements in FFO driven by the SHOP segment.
Challenges included cost pressures, debt covenant compliance, and CapEx delays.
Opportunities lie in the merger with OPI, operational enhancements, and strategic CapEx management.

DHC reports Q3 growth, navigates post-merger challenges with strategic moves

DHC's Q3 performance showed revenue growth and a focus on strengthening financial metrics and strategic positioning.
The company faces challenges in maintaining NOI for the office portfolio and navigating post-merger agreement termination implications.
Strategies like asset sales, credit facility extensions, and NOL preservation present opportunities for financial enhancement and growth.
Engagement of B. Riley Securities underscores proactive financial management and potential for strategic capital decisions.

DHC reports robust Q4 earnings, eyes growth in SHOP segment

DHC's Q4 2023 earnings call highlighted strong financial performance, strategic investments, and plans for portfolio optimization. While facing challenges in property sales and occupancy growth, the company is well-positioned to leverage opportunities in its SHOP segment and office portfolio. Investors should monitor DHC's progress in executing its growth strategies.

Diversified Healthcare Trust exceeds Q2 expectations, reaffirms growth guidance

DHC's Q2 2024 performance showcased robust financial results, driven by strong SHOP segment growth and operational improvements across key segments, reflecting effective strategic execution.
The company's focus on enhancing NOI through property rationalization, renovations, and strategic sales underscores its commitment to maximizing shareholder value and capitalizing on market opportunities.
While challenges such as market uncertainties and operational complexities persist, DHC's solid liquidity position, reaffirmed guidance, and proactive initiatives position it well to navigate challenges and pursue growth.
By leveraging strengths in operational performance, strategic initiatives, and financial management, DHC has the potential to capitalize on opportunities, drive sustained growth, and deliver long-term value to investors.

DHC addresses SHOP challenges, focuses on resilience and growth opportunities

DHC navigated challenges in its SHOP segment while focusing on normalized FFO and financial guidance adjustments.
The company demonstrated resilience in managing cost increases and addressing hurricane impacts effectively.
Strategic initiatives and proactive approaches towards refinancing strategies were key highlights.
Opportunities in optimizing NOI recovery and leveraging growth areas were emphasized.

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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: Cash Flow Burn And Debt Refinance Continue To Raise Concerns

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Top 4 Real Estate Stocks That May Rocket Higher In November

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 (DHC) Q3 2024 Earnings Call Transcript

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: The Baby Bonds Still Look The Most Appealing

Diversified Healthcare (DHC) came out with quarterly funds from operations (FFO) of $0.02 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to FFO of $0.03 per share a year ago.

Diversified Healthcare (DHC) Misses Q3 FFO and Revenue Estimates

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Reports section of DHC's website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. A conference call to discuss DHC's third quarter 2024 financial results will be held on Tuesday, November 5, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (87.

Diversified Healthcare Trust Announces Third Quarter 2024 Results

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Unlike in traditional office, healthcare requires in-office interactions, which reduces the risk of ‘work from home'. Outpatient services are taking market share from inpatient (hospital) settings due to better costs and, in some cases, outcomes. America's rapidly aging population is a tailwind for all healthcare real estate.

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The State Of REITs: October 2024 Edition

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per share per year). This distribution will be paid to DHC's common shareholders of record as of the close of business on October 28, 2024 and distributed on or about November 14, 2024. About Diversified Healthcare Trust: DHC is a real estate investment trust focused on owning high-quality healthcare properties loc.

Diversified Healthcare Trust Announces Quarterly Dividend on Common Shares

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its third quarter 2024 financial results after the Nasdaq closes on Monday, November 4, 2024. On Tuesday, November 5, 2024 at 10:00 a.m. Eastern Time, President and Chief Executive Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matt Brown will host a conference call to discuss these results. The conference call telephone number is (877).

Diversified Healthcare Trust Third Quarter 2024 Conference Call Scheduled for Tuesday, November 5th

Brookdale Senior Living

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced it has entered into a purchase and sale agreement with Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale”) whereby Brookdale will acquire 18 triple net leased senior living communities that Brookdale currently leases from DHC for $135 million. Brookdale has leased and operated these 18 communities since February 2003. The 18 communities include 876 units located across 10 states serving primarily assis.

Diversified Healthcare Trust Announces Sale of 18 Triple Net Leased Senior Living Communities to Brookdale for $135 Million, or $154,000 per Unit

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: Progress Being Made, But I'm Still Neutral

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 Trust (DHC) Q2 2024 Earnings Call Transcript

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) Matches Q2 FFO Estimates

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended June 30, 2024, which can be found at the Quarterly Reports section of DHC's website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. A conference call to discuss DHC's second quarter 2024 financial results will be held on Friday, August 2, 2024 at 1:00 p.m. Eastern Time. The conference call may be accessed by dialing (877) 329-4.

Diversified Healthcare Trust Announces Second Quarter 2024 Results

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its second quarter 2024 financial results after the Nasdaq closes on Thursday, August 1, 2024. On Friday, August 2, 2024 at 1:00 p.m. Eastern Time, President and Chief Executive Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matt Brown will host a conference call to discuss these results. The conference call telephone number is (877) 329.

Diversified Healthcare Trust Second Quarter 2024 Conference Call Scheduled for Friday, August 2nd

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.

Fast-paced Momentum Stock Diversified Healthcare (DHC) Is Still Trading at a Bargain

Why Fast-paced Mover Diversified Healthcare (DHC) Is a Great Choice for Value Investors

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that President and Chief Executive Officer Chris Bilotto and Chief Financial Officer and Treasurer Matt Brown will be presenting at Nareit's REITweek 2024 Investor Conference in New York, NY on Tuesday, June 4, 2024 at 3:00 p.m. Eastern Time. A live audio webcast of the presentation will be available in a listen-only mode on the company's website at www.dhcreit.com/investors/events-and-presentations. Part.

Diversified Healthcare Trust to Present at Nareit's REITweek 2024 Investor Conference on Tuesday, June 4th

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NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it closed a $120 million mortgage loan secured by eight properties within DHC's Medical Office and Life Science Portfolio, located in seven states and consisting of approximately 725,000 square feet. As of March 31, 2024, the weighted average remaining lease term for these properties was 5.4 years and the occupancy rate was 93%. The non-recourse loan has an implied capitalization rate of 7.2% based o.

Diversified Healthcare Trust Closes $120 Million Mortgage Loan

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News for Diversified Healthcare Trust Stock (DHC)