Symbols / DHC Stock $7.52 +0.80% Diversified Healthcare Trust

Real Estate • REIT - Healthcare Facilities • United States • NMS
DHC (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Healthcare Facilities
CEO Mr. Christopher J. Bilotto
Exch · Country NMS · United States
Market Cap 1.82B
Enterprise Value 4.13B
Income -285.89M
Sales 1.54B
FCF (ttm) 445.83M
Book/sh 6.88
Cash/sh 0.43
Employees —
Insider 10d —
IPO Feb 23, 2000
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 2.30%
P/E —
Forward P/E -17.09
PEG 1.89
P/S 1.18
P/B 1.09
P/C —
EV/EBITDA 18.55
EV/Sales 2.69
Quick Ratio 4.94
Current Ratio 6.08
Debt/Eq 145.16
LT Debt/Eq —
EPS (ttm) -1.19
EPS next Y -0.44
EPS Growth —
Revenue Growth -0.00%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-04
Earnings (prior) 2026-02-23
ROA -0.52%
ROE -15.78%
ROIC —
Gross Margin 17.44%
Oper. Margin -2.93%
Profit Margin -18.59%
Shs Outstand 242.12M
Shs Float 186.88M
Insider Own 10.29%
Instit Own 79.71%
Short Float 4.31%
Short Ratio 4.78
Short Interest 9.37M
52W High 7.77
vs 52W High -3.22%
52W Low 2.15
vs 52W Low 249.77%
Beta 2.33
Impl. Vol. 31.09%
Rel Volume 1.00
Avg Volume 1.94M
Volume 1.94M
Target (mean) $8.00
Tgt Median $8.50
Tgt Low $6.00
Tgt High $9.50
# Analysts 3
Recom Buy
Prev Close $7.46
Price $7.52
Change 0.80%
About

Diversified Healthcare Trust is a real estate investment trust 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. As of September 30, 2025, DHC's approximately 6.7 billion US dollars portfolio included 335 properties in 34 states and Washington, D.C., with more than 26,000 senior living units, approximately 6.9 million square feet of medical office and life science properties and occupied by approximately 420 tenants. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately 39 billion US dollars in assets under management as of September 30, 2025, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA. Diversified Healthcare Trust was incorporated in 1998 in Maryland, USA.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$8.00
Mean price target
2. Current target
$7.52
Latest analyst target
3. DCF / Fair value
$33.14
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$7.52
Low
$6.00
High
$9.50
Mean
$8.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-27 init Maxim Group — → Buy $10
2026-03-03 main B. Riley Securities Buy → Buy $9
2026-03-02 main RBC Capital Sector Perform → Sector Perform $6
2025-12-15 reit B. Riley Securities Buy → Buy $7
2025-11-13 up RBC Capital Underperform → Sector Perform $5
2025-09-17 main B. Riley Securities Buy → Buy $6
2024-10-14 main RBC Capital Underperform → Underperform $3
2024-08-21 reit JMP Securities — → Market Perform —
2024-08-05 main B. Riley Securities Buy → Buy $6
2023-09-05 main B. Riley Securities Buy → Buy $5
2021-12-30 main B. Riley Securities — → Buy $6
2021-07-29 main Morgan Stanley — → Equal-Weight $5
2021-03-15 main Morgan Stanley — → Equal-Weight $5
2021-02-02 main Morgan Stanley — → Equal-Weight $5
2020-11-16 main B of A Securities — → Underperform $3
2020-10-09 main Morgan Stanley — → Equal-Weight $3
2020-06-22 main Wells Fargo — → Equal-Weight $4
2020-05-19 main Morgan Stanley — → Equal-Weight $3
2020-05-11 main B. Riley Securities — → Buy $7
2020-03-04 main B. Riley Securities — → Buy $10
News
RSS: Latest DHC news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-12-15 BILOTTO CHRISTOPHER J. Chief Executive Officer — 20,000 $4.89 $97,720
2025-09-09 PORTNOY ADAM D Director — 81,775 $0.00 $0
2025-09-09 BROWN MATTHEW C. Chief Financial Officer — 37,383 $0.00 $0
2025-09-09 BILOTTO CHRISTOPHER J. Chief Executive Officer — 81,775 $0.00 $0
2025-05-29 PORTNOY ADAM D Director — 29,141 $0.00 $0
2025-05-29 SOMERS JEFFREY P Director — 29,141 $0.00 $0
2025-05-29 JONES LISA HARRIS Director — 29,141 $0.00 $0
2025-05-29 BILOTTO CHRISTOPHER J. Chief Executive Officer — 29,141 $0.00 $0
2025-05-29 HOLLIS PHYLLIS M. Director — 29,141 $0.00 $0
2025-05-29 NEHER DAWN K. Director — 29,141 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,537.85
+2.84%
1,495.43
+6.04%
1,410.31
+9.87%
1,283.57
Operating Revenue
1,537.85
+2.84%
1,495.43
+6.04%
1,410.31
+9.87%
1,283.57
Cost Of Revenue
1,259.34
+1.84%
1,236.54
+5.31%
1,174.15
+5.87%
1,109.07
Reconciled Cost Of Revenue
1,259.23
+1.84%
1,236.44
+5.28%
1,174.39
+5.91%
1,108.83
Gross Profit
278.51
+7.58%
258.88
+9.62%
236.16
+35.34%
174.50
Operating Expense
307.43
-1.30%
311.48
+0.41%
310.21
+16.75%
265.71
Selling General And Administration
45.50
+71.59%
26.52
+1.48%
26.13
-1.15%
26.43
General And Administrative Expense
45.50
+71.59%
26.52
+1.48%
26.13
-1.15%
26.43
Other Gand A
45.50
+71.59%
26.52
+1.48%
26.13
-1.15%
26.43
Total Expenses
1,566.77
+1.21%
1,548.02
+4.29%
1,484.37
+7.97%
1,374.79
Operating Income
-28.91
+45.02%
-52.59
+28.99%
-74.06
+18.81%
-91.22
EBITDA
145.63
-2.21%
148.92
-26.71%
203.19
-52.50%
427.79
Normalized EBITDA
238.96
-1.02%
241.42
+7.03%
225.56
+37.34%
164.24
Reconciled Depreciation
262.04
-8.08%
285.06
+0.43%
283.84
+18.50%
239.53
EBIT
-116.41
+14.50%
-136.15
-68.31%
-80.89
-142.97%
188.26
Total Unusual Items
-93.33
-0.89%
-92.51
-313.53%
-22.37
-108.49%
263.55
Total Unusual Items Excluding Goodwill
-93.33
-0.89%
-92.51
-313.53%
-22.37
-108.49%
263.55
Special Income Charges
-211.06
-186.89%
-73.57
-132.07%
-31.70
+2.90%
-32.65
Other Special Charges
35.00
+10703.70%
0.32
-86.87%
2.47
-91.79%
30.04
Impairment Of Capital Assets
165.70
+134.26%
70.73
+284.84%
18.38
0.00
Restructuring And Mergern Acquisition
10.36
+312.59%
2.51
-76.87%
10.85
+316.62%
2.60
Write Off
—
—
—
0.00
Net Income
-285.89
+22.79%
-370.25
-26.12%
-293.57
-1761.11%
-15.77
Pretax Income
-320.90
+13.59%
-371.38
-36.21%
-272.67
-1191.09%
-21.12
Net Non Operating Interest Income Expense
-198.66
+12.21%
-226.29
-28.40%
-176.24
+8.90%
-193.45
Interest Expense Non Operating
204.50
-13.07%
235.24
+22.66%
191.78
-8.41%
209.38
Net Interest Income
-198.66
+12.21%
-226.29
-28.40%
-176.24
+8.90%
-193.45
Interest Expense
204.50
-13.07%
235.24
+22.66%
191.78
-8.41%
209.38
Interest Income Non Operating
5.84
-34.76%
8.95
-42.39%
15.54
-2.47%
15.93
Interest Income
5.84
-34.76%
8.95
-42.39%
15.54
-2.47%
15.93
Other Income Expense
-93.33
-0.89%
-92.51
-313.53%
-22.37
-108.49%
263.55
Gain On Sale Of Security
117.73
+721.66%
-18.94
-302.96%
9.33
-96.85%
296.20
Tax Provision
1.74
+273.23%
0.47
+4.94%
0.45
-37.32%
0.71
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-19.60
-0.89%
-19.43
-313.53%
-4.70
-108.49%
55.35
Net Income Including Noncontrolling Interests
-285.89
+22.79%
-370.25
-26.12%
-293.57
-1761.11%
-15.77
Net Income From Continuing Operation Net Minority Interest
-285.89
+22.79%
-370.25
-26.12%
-293.57
-1761.11%
-15.77
Net Income From Continuing And Discontinued Operation
-285.89
+22.79%
-370.25
-26.12%
-293.57
-1761.11%
-15.77
Net Income Continuous Operations
-285.89
+22.79%
-370.25
-26.12%
-293.57
-1761.11%
-15.77
Minority Interests
—
—
0.00
0.00
Normalized Income
-212.15
+28.61%
-297.18
-7.71%
-275.90
-23.18%
-223.98
Net Income Common Stockholders
-285.89
+22.79%
-370.25
-26.12%
-293.57
-1761.11%
-15.77
Diluted EPS
-1.19
+23.23%
-1.55
-26.02%
-1.23
-1657.14%
-0.07
Basic EPS
-1.19
+23.23%
-1.55
-26.02%
-1.23
-1657.14%
-0.07
Basic Average Shares
240.29
+0.31%
239.53
+0.29%
238.84
+0.22%
238.31
Diluted Average Shares
240.29
+0.31%
239.53
+0.29%
238.84
+0.22%
238.31
Diluted NI Availto Com Stockholders
-285.89
+22.79%
-370.25
-26.12%
-293.57
-1761.11%
-15.77
Depreciation Amortization Depletion Income Statement
261.92
-8.08%
284.96
+0.31%
284.08
+18.72%
239.28
Depreciation And Amortization In Income Statement
261.92
-8.08%
284.96
+0.31%
284.08
+18.72%
239.28
Earnings From Equity Interest Net Of Tax
36.76
+2201.82%
1.60
+107.81%
-20.46
-437.92%
6.05
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
4,361.25
-15.10%
5,137.01
-5.68%
5,446.14
-9.26%
6,002.09
Current Assets
148.86
-65.40%
430.18
+63.89%
262.49
-62.36%
697.40
Cash Cash Equivalents And Short Term Investments
105.41
-27.10%
144.58
-41.21%
245.94
-62.63%
658.07
Cash And Cash Equivalents
105.41
-27.10%
144.58
-41.21%
245.94
-62.63%
658.07
Receivables
3.97
-2.07%
4.06
-33.28%
6.08
-30.23%
8.72
Restricted Cash
16.39
+211.04%
5.27
+415.66%
1.02
-96.62%
30.24
Assets Held For Sale Current
23.09
-91.64%
276.27
+2824.42%
9.45
+2353.77%
0.39
Total Non Current Assets
4,212.39
-10.50%
4,706.82
-9.20%
5,183.65
-2.28%
5,304.69
Goodwill And Other Intangible Assets
20.66
-21.43%
26.30
-22.53%
33.95
-25.14%
45.35
Investments And Advances
147.33
-2.72%
151.45
+16.57%
129.92
-19.49%
161.36
Long Term Equity Investment
147.33
-2.72%
151.45
+16.57%
129.92
-16.44%
155.48
Other Non Current Assets
185.50
-1.64%
188.60
-15.11%
222.16
-4.98%
233.79
Total Liabilities Net Minority Interest
2,695.68
-15.18%
3,178.16
+2.22%
3,109.24
-7.56%
3,363.48
Current Liabilities
56.81
+49.08%
38.10
+27.27%
29.94
-95.92%
734.62
Payables And Accrued Expenses
53.38
+66.40%
32.08
+7.27%
29.91
-13.61%
34.62
Payables
22.70
+152.52%
8.99
+27.30%
7.06
+35.74%
5.20
Current Accrued Expenses
30.68
+32.87%
23.09
+1.07%
22.85
-22.33%
29.42
Current Debt And Capital Lease Obligation
—
—
—
700.00
Current Debt
—
—
—
700.00
Other Current Liabilities
3.43
-43.13%
6.02
+18725.00%
0.03
—
Total Non Current Liabilities Net Minority Interest
2,638.87
-15.96%
3,140.06
+1.97%
3,079.30
+17.13%
2,628.86
Long Term Debt And Capital Lease Obligation
2,400.82
-17.52%
2,910.90
+3.34%
2,816.85
+19.97%
2,347.88
Long Term Debt
2,400.82
-17.52%
2,910.90
+3.34%
2,816.85
+19.97%
2,347.88
Long Term Capital Lease Obligation
—
—
—
30.18
Other Non Current Liabilities
238.05
+3.88%
229.15
-12.69%
262.46
-6.59%
280.99
Stockholders Equity
1,665.57
-14.97%
1,958.84
-16.18%
2,336.89
-11.43%
2,638.61
Common Stock Equity
1,665.57
-14.97%
1,958.84
-16.18%
2,336.89
-11.43%
2,638.61
Capital Stock
2.42
+0.33%
2.41
+0.33%
2.40
+0.33%
2.40
Common Stock
2.42
+0.33%
2.41
+0.33%
2.40
+0.33%
2.40
Share Issued
242.12
+0.35%
241.27
+0.35%
240.42
+0.30%
239.69
Ordinary Shares Number
242.12
+0.35%
241.27
+0.35%
240.42
+0.30%
239.69
Additional Paid In Capital
4,622.57
+0.05%
4,620.31
+0.04%
4,618.47
+0.03%
4,617.03
Retained Earnings
-2,959.41
-11.09%
-2,663.87
-16.63%
-2,283.98
-15.31%
-1,980.82
Gains Losses Not Affecting Retained Earnings
-0.01
+29.41%
-0.02
0.00
—
Minority Interest
—
—
0.00
0.00
Other Equity Adjustments
-0.01
+29.41%
-0.02
—
—
Total Equity Gross Minority Interest
1,665.57
-14.97%
1,958.84
-16.18%
2,336.89
-11.43%
2,638.61
Total Capitalization
4,066.39
-16.50%
4,869.75
-5.51%
5,153.74
+3.35%
4,986.49
Working Capital
92.05
-76.52%
392.08
+68.60%
232.55
+724.86%
-37.22
Invested Capital
4,066.39
-16.50%
4,869.75
-5.51%
5,153.74
-9.37%
5,686.49
Total Debt
2,400.82
-17.52%
2,910.90
+3.34%
2,816.85
-7.58%
3,047.88
Net Debt
2,295.42
-17.02%
2,766.32
+7.60%
2,570.91
+7.58%
2,389.81
Capital Lease Obligations
—
—
—
30.18
Net Tangible Assets
1,644.90
-14.88%
1,932.54
-16.08%
2,302.94
-11.20%
2,593.26
Tangible Book Value
1,644.90
-14.88%
1,932.54
-16.08%
2,302.94
-11.20%
2,593.26
Available For Sale Securities
—
—
—
5.88
Duefrom Related Parties Current
3.97
-2.07%
4.06
-33.28%
6.08
-30.23%
8.72
Dueto Related Parties Current
22.70
+152.52%
8.99
+27.30%
7.06
+35.74%
5.20
Interest Payable
30.68
+32.87%
23.09
+1.07%
22.85
-22.33%
29.42
Investment Properties
3,858.90
-11.09%
4,340.48
-9.53%
4,797.62
-1.37%
4,864.19
Investmentin Financial Assets
—
—
0.00
-100.00%
5.88
Investments In Other Ventures Under Equity Method
—
24.59
0.00
—
Investmentsin Associatesat Cost
27.20
+10.61%
24.59
0.00
—
Investmentsin Joint Venturesat Cost
120.13
-5.31%
126.86
-2.35%
129.92
-16.44%
155.48
Line Of Credit
0.00
0.00
0.00
-100.00%
700.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-19.62
-117.48%
112.22
+970.52%
10.48
+125.98%
-40.35
Cash Flow From Continuing Operating Activities
-19.62
-117.48%
112.22
+970.52%
10.48
+125.98%
-40.35
Net Income From Continuing Operations
-285.89
+22.79%
-370.25
-26.12%
-293.57
-1761.11%
-15.77
Depreciation Amortization Depletion
262.04
-8.08%
285.06
+0.43%
283.84
+18.50%
239.53
Depreciation
261.92
-8.08%
284.96
+0.31%
284.08
+18.72%
239.28
Amortization Cash Flow
0.11
+6.60%
0.11
+143.80%
-0.24
-198.78%
0.24
Depreciation And Amortization
262.04
-8.08%
285.06
+0.43%
283.84
+18.50%
239.53
Amortization Of Intangibles
0.11
+6.60%
0.11
+143.80%
-0.24
-198.78%
0.24
Other Non Cash Items
69.10
-31.56%
100.97
+820.06%
10.97
+577.96%
-2.30
Asset Impairment Charge
165.70
+134.26%
70.73
+284.84%
18.38
0.00
Operating Gains Losses
-111.96
-733.82%
17.66
+29.91%
13.60
+105.00%
-272.21
Gain Loss On Investment Securities
-117.73
-721.66%
18.94
+302.96%
-9.33
+96.85%
-296.20
Change In Working Capital
33.26
+387.89%
6.82
+124.49%
-27.84
-1800.55%
1.64
Change In Payables And Accrued Expense
7.59
+2998.37%
0.24
+103.73%
-6.57
-1435.05%
-0.43
Change In Accrued Expense
7.59
+2998.37%
0.24
+103.73%
-6.57
-1435.05%
-0.43
Change In Other Working Capital
-4.31
-20.54%
-3.58
+63.62%
-9.83
-24.89%
-7.87
Change In Other Current Assets
-2.65
-115.91%
16.67
+56.22%
10.67
-2.50%
10.95
Change In Other Current Liabilities
32.64
+600.52%
-6.52
+70.50%
-22.11
-2095.23%
-1.01
Investing Cash Flow
483.57
+358.57%
-187.02
+7.47%
-202.11
-152.13%
387.71
Cash Flow From Continuing Investing Activities
483.57
+358.57%
-187.02
+7.47%
-202.11
-152.13%
387.71
Net Investment Purchase And Sale
—
—
—
—
Sale Of Investment
—
—
—
—
Net Business Purchase And Sale
-8.50
+59.87%
-21.18
0.00
-100.00%
108.42
Purchase Of Business
-8.50
+59.87%
-21.18
0.00
0.00
Net Other Investing Changes
1.31
-22.97%
1.70
-88.32%
14.54
+0.51%
14.47
Financing Cash Flow
-492.01
-2105.23%
-22.31
+91.07%
-249.71
+63.06%
-676.00
Cash Flow From Continuing Financing Activities
-492.01
-2105.23%
-22.31
+91.07%
-249.71
+63.06%
-676.00
Net Issuance Payments Of Debt
-421.31
-12992.36%
-3.22
+98.52%
-217.05
+66.04%
-639.07
Issuance Of Debt
712.53
+493.78%
120.00
-84.00%
750.00
0.00
Repayment Of Debt
-1,133.84
-820.19%
-123.22
+87.26%
-967.05
-51.32%
-639.07
Long Term Debt Issuance
712.53
+493.78%
120.00
-84.00%
750.00
0.00
Long Term Debt Payments
-1,133.84
-820.19%
-123.22
+87.26%
-967.05
-51.32%
-639.07
Net Long Term Debt Issuance
-421.31
-12992.36%
-3.22
+98.52%
-217.05
+66.04%
-639.07
Short Term Debt Issuance
—
—
0.00
0.00
Short Term Debt Payments
—
—
-700.00
-600.00%
-100.00
Net Short Term Debt Issuance
—
—
-700.00
-600.00%
-100.00
Net Common Stock Issuance
-1.15
-26.66%
-0.90
-130.03%
-0.39
-129.82%
-0.17
Common Stock Payments
-1.15
-26.66%
-0.90
-130.03%
-0.39
-129.82%
-0.17
Common Stock Dividend Paid
-9.66
-0.35%
-9.63
-0.33%
-9.60
-0.28%
-9.57
Cash Dividends Paid
-9.66
-0.35%
-9.63
-0.33%
-9.60
-0.28%
-9.57
Repurchase Of Capital Stock
-1.15
-26.66%
-0.90
-130.03%
-0.39
-129.82%
-0.17
Net Other Financing Charges
-59.89
-599.50%
-8.56
+62.24%
-22.68
+16.60%
-27.19
Changes In Cash
-28.05
+71.11%
-97.11
+78.00%
-441.34
-34.29%
-328.64
Beginning Cash Position
149.85
-39.32%
246.96
-64.12%
688.30
-32.32%
1,016.95
End Cash Position
121.80
-18.72%
149.85
-39.32%
246.96
-64.12%
688.30
Free Cash Flow
-19.62
-117.48%
112.22
+970.52%
10.48
+125.98%
-40.35
Interest Paid Supplemental Data
271.83
+106.63%
131.56
-29.47%
186.53
-7.27%
201.15
Income Tax Paid Supplemental Data
1.78
+266.94%
0.48
-28.51%
0.68
-27.59%
0.94
Change In Interest Payable
7.59
+2998.37%
0.24
+103.73%
-6.57
-1435.05%
-0.43
Dividend Received CFO
1.00
-18.77%
1.23
-75.86%
5.10
-41.84%
8.77
Dividends Received CFI
48.40
0.00
0.00
0.00
Earnings Losses From Equity Investments
-36.76
-2201.82%
-1.60
-107.81%
20.46
+437.92%
-6.05
Interest Paid CFO
-152.87
0.00
0.00
—
Interest Received CFI
-0.05
0.00
0.00
—
Net Investment Properties Purchase And Sale
442.41
+364.07%
-167.53
+22.67%
-216.65
-181.81%
264.82
Purchase Of Investment Properties
-146.82
+27.21%
-201.70
+14.17%
-235.01
+37.25%
-374.49
Sale Of Business
—
0.00
0.00
-100.00%
108.42
Sale Of Investment Properties
589.23
+1624.57%
34.17
+86.14%
18.36
-97.13%
639.31
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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