Diversified Healthcare Trust (NASDAQ:DHC) finished Wednesday with an addition of $0.08 to close at $3.64, an upside of 2.25 percent. An average of 886,780 shares of common stock have been traded in the last five days. There was a gain of $0.21 in the past week. The last 20 days have seen an average of 1,161,540 shares traded, while the 50-day average volume stands at 981,762.
DHC stock has increased by 5.81% in the last month. The company shares reached their 1-month lowest point of $3.30 on 09/20/21. With the stock rallying to its 52-week high on 03/15/21, shares of the company touched a low of $2.85 and a high of $5.58 in 52 weeks. In spite of this, the price is down -34.77% from the 52-week high.
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155 days have passed since Diversified Healthcare Trust (DHC) last reported insider trading activity. HARRINGTON JOHN L., who is Director, most recently acquired $19,500 shares at $3.62 per share on May 12. In this transaction, the insider spent $70,530. Director, HARRINGTON JOHN L., disposed of 26,500 shares at a price of $3.90 on May 07. The insider now owns more than $103,382 worth of shares.
Diversified Healthcare Trust (DHC) has a trailing price-to-earnings (P/E) ratio of 21.25 for the broader industry and 38.25 for the sector. In the last five years, Diversified Healthcare Trust’s PE ratio has ranged between 46.31 and 5.564. The stock’s beta is 1.38. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.57, the price-to-book (PB) ratio at 0.36.
Diversified Healthcare Trust pays a $0.04 dividend per share annually. It offers a dividend yield of 1.10%. The company’s most recent quarterly dividend payment took place on Aug. 19, and it was $0.01 a share, without any change from last year. Its dividend has been increased for the last 2 consecutive years with the latest decrease dividend $0.14 reported on Thursday April 2 2020.
Diversified Healthcare Trust will next go ex-dividend on 25-Oct. The next dividend payment Diversified Healthcare Trust will make is expected to be $0.01.
Further, the company has a long term debt to equity ratio of 1.80 and a total debt to equity ratio of 1.80 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 21.40% against a 5-year average of 52.1%. Its gross profit as reported stood at -$12.86 million compared to revenue of $1.63 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Diversified Healthcare Trust’s return on assets was -3.20%, compared to 0.9% over the last five years. In the past year, the return on investment has been 0.10%, and the 5-year average is 3.3%. Meanwhile, the return on equity (ROE) for the past 12 months has been -9.20% and the 5-year average holds at 2.0%. For the broader industry, ROE averaged 7.37 over the past year.
The analyst consensus anticipated Diversified Healthcare Trust’s latest quarter earnings to come in at -$0.26 per share, but it turned out to be -$0.14, a 46.20% surprise. For the quarter, EBITDA amounted to $61.68 million. At the end of the quarter ending June 29, Diversified Healthcare Trust’s stock balance sheet showed total debt was $4.3 billion. Shareholders own equity worth $238.38 million.
From a technical analysis perspective, let’s take a brief look at Diversified Healthcare Trust (DHC) price momentum. RSI 9-day as of the close on 13 October was 63.53%, suggesting the stock is Neutral, with historical volatility in this time frame at 25.84%.
As of today, DHC’s price is $3.55 +6.12% or $0.21 from its 5-day moving average. DHC is currently trading +6.74% higher than its 20-day SMA and +1.11% higher than its 100-day SMA. However, the stock’s current price level is -5.21% below the SMA50 and -14.15% below the SMA200.
The stochastic %K and %D were 79.10% and 68.88%, respectively, and the average true range (ATR) was 0.11. With the 14-day stochastic at 96.55% and the average true range at 0.12, the RSI (14) stands at 56.61%. The stock has reached 0.06 on the 9-day MACD Oscillator while the 14-day reading was at 0.08.
Wells Fargo downgraded Diversified Healthcare Trust (NASDAQ: DHC) to a an Underweight rating in its most recent analyst report. Previously, the stock was rated as a an Equal weight.The consensus rating for Diversified Healthcare Trust (DHC) among analysts is Hold. According to current brokerage recommendations, 1 brokerage firm advise that investors sell DHC, while 2 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is DHC’s price target for the next 12 months?
Analysts predict a range of price targets between $3.75 and $6.00, with a median target of $4.25. Taking a look at these predictions, the average price target given by analysts for Diversified Healthcare Trust (DHC) stock is $4.56.