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

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Earnings data Q1 2024

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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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DHC, CPG, NVR, RYI and APAM have been added to the Zacks Rank #1 (Strong Buy) List on May 25, 2023.

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CPG, BAMXF and DHC made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 25, 2023.

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Office Properties Income Trust

WILSON, Wyo.--(BUSINESS WIRE)--Flat Footed LLC (together with its affiliates, “FFL”) owns approximately 7.4% of the outstanding common shares of Diversified Healthcare Trust (Nasdaq: DHC) (“DHC” or the “Company”), making it one of the Company's largest shareholders. Today, FFL issued the below letter sent to the Company's Board of Trustees regarding DHC's recently announced definitive merger agreement with Office Properties Income Trust (Nasdaq: OPI). In the letter, FFL outlines why it opposes.

Flat Footed LLC Sends Letter to Diversified Healthcare Trust's Board of Trustees Regarding Its Opposition to the Merger with Office Properties Income Trust

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today provided an update of its Senior Housing Operating Portfolio, or SHOP, performance. DHC believes the SHOP performance comparison of the 2023 periods to the comparable pre-Covid periods in 2019 provides useful information for investors in evaluating the overall recovery in DHC's performance. Jennifer Francis, DHC's President and Chief Executive Officer made the following statement: “While the SHOP segment performanc.

Diversified Healthcare Trust Updates SHOP Performance

Diversified Healthcare (DHC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Diversified Healthcare (DHC) Shows Fast-paced Momentum But Is Still a Bargain Stock

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DHC, PERI and PHM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on May 18, 2023.

Best Growth Stocks to Buy for May 18th

Diversified Healthcare (DHC) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Diversified Healthcare (DHC) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

The heavy selling pressure might have exhausted for Diversified Healthcare (DHC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Diversified Healthcare (DHC) Loses -18.22% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

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Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Diversified Healthcare (DHC) and Corporate Office Properties (OFC). But which of these two stocks offers value investors a better bang for their buck right now?

DHC or OFC: Which Is the Better Value Stock Right Now?

Diversified Healthcare (DHC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -18.08% in 4 Weeks, Here's Why Diversified Healthcare (DHC) Looks Ripe for a Turnaround

Diversified Healthcare Trust (NASDAQ:DHC ) Q1 2023 Earnings Conference Call May 9, 2023 11:00 AM ET Company Participants Melissa McCarthy - Investor Relations Jennifer Francis - President and Chief Executive Officer Rick Siedel - Chief Financial Officer and Treasurer Conference Call Participants Bryan Maher - B. Riley Operator Good morning and welcome to the Diversified Healthcare Trust First Quarter 2023 Earnings Conference Call.

Diversified Healthcare Trust (DHC) Q1 2023 Earnings Call Transcript

Diversified Healthcare (DHC) came out with quarterly funds from operations (FFO) of $0.05 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.09 per share a year ago.

Diversified Healthcare (DHC) Matches Q1 FFO Estimates

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended March 31, 2023, 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 first quarter 2023 financial results will be held on Tuesday, May 9, 2023 at 11:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-42.

Diversified Healthcare Trust Announces First Quarter 2023 Results

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will now host a conference call on Tuesday, May 9, 2023 at 11:00 a.m. Eastern Time, with President and Chief Executive Officer Jennifer Francis and Chief Financial Officer Richard Siedel discussing first quarter results. As previously announced, it will issue a press release containing its first quarter 2023 financial results after the Nasdaq closes on Monday, May 8, 2023. The conference call tele.

Diversified Healthcare Trust First Quarter 2023 Conference Call Rescheduled for Tuesday, May 9th at 11:00 a.m. ET

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SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates NATI, MNTV, INDT, DHC

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The REIT sector fell again in March with a -6.11% total return. Large cap (-1.99%) and mid cap (-4.56%) REITs saw modestly negative total returns in March, while small caps (-6.76%) and micro caps (-15.50%) were deeper in the red.

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U.S. equity markets finished broadly higher this past week after a critical slate of inflation data provided further evidence of a definitive cool-down in inflationary pressures. After narrowly snapping a three-week winning streak in the prior week, the S&P 500 advanced 0.8% this week, while the Mid-Cap 400 and Small-Cap 600 posted gains of over 1%.

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NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its first quarter 2023 financial results after the Nasdaq closes on Monday, May 8, 2023. On Tuesday, May 9, 2023 at 10:00 a.m. Eastern Time, President and Chief Executive Officer Jennifer Francis and Chief Financial Officer Richard Siedel will host a conference call to discuss these results. The conference call telephone number is (877) 329-4297.

Diversified Healthcare Trust First Quarter 2023 Conference Call Scheduled for Tuesday, May 9th

Office Properties Income Trust and Diversified Healthcare REIT are combining. They're creating a diversified REIT with offsetting strengths.

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MILWAUKEE , April 12, 2023 /PRNewswire/ -- Ademi LLP is investigating Diversified Healthcare (NASDAQ: DHC) for possible breaches of fiduciary duty and other violations of law in its transaction with Office Properties.

Shareholder Alert: Ademi LLP investigates whether Diversified Healthcare Trust has obtained a Fair Price in its transaction with Office Properties

NEW YORK , April 11, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Diversified Healthcare Trust (NASDAQ: DHC) and its board of directors concerning the proposed merger of the company with Office Properties Income Trust (NASDAQ: OPI). Stockholders will receive 0.147 shares of Office Properties Income Trust common stock for each share of Diversified Healthcare Trust stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Merger of Diversified Healthcare Trust

Diversified Healthcare Trust announced a definitive merger agreement with Office Properties Income Trust. The dividend goes up for Diversified Healthcare Trust, and Office Properties Income Trust takes a huge haircut.

RMR Brings Diversified Healthcare And Office Properties Together

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Diversified Healthcare Trust (NASDAQ: DHC) to Office Properties Income Trust for 0.147 shares of Office Properties for each common share of Diversified Healthcare is fair to Diversified Healthcare shareholders. Upon closing of the proposed transaction, Diversified Healthcare shareholders will own approximately 42% of the combined company.

DHC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Diversified Healthcare Trust Is Fair to Shareholders

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a definitive merger agreement with Diversified Healthcare Trust (Nasdaq: DHC), pursuant to which OPI will acquire all of the outstanding common shares of DHC in an all-share transaction.

Office Properties Income Trust and Diversified Healthcare Trust Announce Agreement to Merge in All-Share Transaction

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has entered into a definitive merger agreement with Office Properties Income Trust (Nasdaq: OPI), pursuant to which OPI will acquire all of the outstanding common shares of DHC in an all-share transaction.

Diversified Healthcare Trust and Office Properties Income Trust Announce Agreement to Merge in All-Share Transaction

News for Diversified Healthcare Trust Stock (DHC)