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Diversified Healthcare Trust (DHC)

Real Estate | REIT - Healthcare Facilities | Newton, United States | NasdaqGS
8.75 USD -0.01 (-0.114%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★☆☆☆☆
Hot Take | July 11, 2026, 4:34 a.m. EDT

The long-term outlook is dire, driven by a catastrophic multi-year decline where the stock has lost over 80% of its value since 2016. Despite a recent technical bounce off the lows, the underlying business is deteriorating with negative revenue growth (-5.3%), negative operating margins, and a negative return on equity. The balance sheet is fragile, carrying nearly $2.4 billion in debt against only $121 million in cash, creating a precarious liquidity situation. While the company maintains a nominal dividend, it is a token payout of $0.01 per quarter that fails to provide meaningful income relative to the capital at risk and offers no buffer against further distress. The recent price recovery is likely a technical rebound rather than a fundamental turnaround, especially given the heavy speculative positioning for further downside via deep out-of-the-money puts.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_126 ✓0.117896
MSTL_70_1260.119033
MSTL0.124606
MSTL_700.125046
AutoETS0.134866
AutoTheta0.138597
AutoARIMA0.141254

Forecast horizon: 60 days | Selected: MSTL_126

Forecast Reliability
Score 32%
H-stat 3.09
Ljung-Box p 0.000
Jarque-Bera p 0.429
Excess Kurtosis -0.40
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-07-19
Last Dividend Date 2026-04-20
Debt to Equity Ratio 149.195
Revenue per Share 6.31
Market Cap 2,118,435,584
Forward P/E -18.42
Beta 2.27
Profit Margins -21.10%
Website https://www.dhcreit.com

As of July 11, 2026, 4:34 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest is massive relative to calls, particularly at deep out-of-the-money strikes ($2.50 and $5.00) expiring in December, suggesting a 'bear put' strategy or insurance against a collapse. Call activity is sparse and concentrated near the money, indicating a lack of aggressive bullish conviction.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.14% 0.85% 1.34% 1.83%
Dividend History
Date Dividend Yield %
2026-04-21 0.010000 0.140056
2026-01-26 0.010000 0.177936
2025-10-27 0.010000 0.241546
2025-07-21 0.010000 0.292398
2025-04-22 0.010000 0.442478
2025-01-27 0.010000 0.406504
2024-10-28 0.010000 0.288184
2024-07-22 0.010000 0.314465
2024-04-19 0.010000 0.414938
2024-01-19 0.010000 0.347222
2023-10-20 0.010000 0.561798
2023-07-21 0.010000 0.401606
2023-04-21 0.010000 1.041667
2023-01-20 0.010000 1.315789
2022-10-21 0.010000 0.934579
2022-07-22 0.010000 0.564972
2022-04-22 0.010000 0.396825
2022-01-21 0.010000 0.332226
2021-10-22 0.010000 0.268097
2021-07-23 0.010000 0.253807
2021-04-23 0.010000 0.226244
2021-01-22 0.010000 0.226244
2020-10-23 0.010000 0.299401
2020-07-24 0.010000 0.268097
2020-04-09 0.010000 0.284900
2020-01-24 0.150000 1.863354
2019-10-25 0.150000 1.532176
2019-07-26 0.150000 1.809409
2019-04-26 0.150000 1.854141
2019-01-25 0.390000 3.000000
2018-10-26 0.390000 2.370821
2018-07-27 0.390000 2.262181
2018-04-27 0.390000 2.530824
2018-01-26 0.390000 2.217169
2017-10-20 0.390000 2.065678
2017-07-20 0.390000 2.017589
2017-04-19 0.390000 1.776765
2017-01-19 0.390000 2.076677
2016-10-19 0.390000 1.784897
2016-07-20 0.390000 1.789812
2016-04-21 0.390000 2.270081
2016-01-20 0.390000 2.729181
2015-10-21 0.386521 2.386779
2015-07-22 0.386521 2.258250
2015-04-22 0.386521 1.835293
2015-01-21 0.386521 1.669519
2014-10-15 0.386521 1.789810
2014-07-16 0.386521 1.657457
2014-04-10 0.386521 1.737967
2014-01-09 0.386521 1.809743
2013-10-15 0.386521 1.649745
2013-07-15 0.386521 1.459034
2013-04-15 0.386521 1.449813
2013-01-17 0.386521 1.605598
2012-10-18 0.386521 1.771920
2012-07-24 0.376611 1.682907
2012-04-11 0.376611 1.809526
2012-01-12 0.376611 1.734370
2011-10-17 0.376611 1.789922
2011-07-07 0.366700 1.572462
2011-04-13 0.366700 1.598964
2011-01-12 0.366700 1.716142
2010-10-13 0.366700 1.537823
2010-07-13 0.356789 1.672086
2010-04-13 0.356789 1.579641
2010-01-14 0.356789 1.692525
2009-10-13 0.356789 1.884817
2009-07-08 0.356789 2.328591
2009-04-15 0.346878 2.069781
2009-01-20 0.346878 2.476999
2008-10-15 0.346878 2.172563
2008-07-16 0.346878 1.711491
2008-04-16 0.346878 1.441515
2008-01-17 0.346878 1.737835
2007-10-18 0.346878 1.584427
2007-07-17 0.336967 1.658535
2007-04-17 0.336967 1.400905
2007-01-17 0.336967 1.329162
2006-10-18 0.327056 1.489167
2006-07-18 0.327056 1.838437
2006-04-18 0.317146 1.850783
2006-01-18 0.317146 1.862633
2005-10-18 0.317146 1.883463
2005-07-18 0.317146 1.672767
2005-04-18 0.317146 1.889022
2005-01-19 0.317146 1.857228
2004-10-19 0.317146 1.743871
2004-07-16 0.307235 1.795021
2004-04-16 0.307235 1.937501
2004-01-14 0.307235 1.693064
2003-10-20 0.307235 2.103122
2003-07-18 0.307235 2.296297
2003-04-17 0.307235 2.427566
2003-01-21 0.307235 2.818183
2002-10-18 0.307235 3.021444
2002-07-18 0.307235 2.500001
2002-04-19 0.307235 2.136458
2002-01-17 0.297324 2.142857
2002-01-02 0.297324 2.230483
2001-10-17 0.297324 2.352940
2001-07-19 0.297324 2.332814
2001-04-17 0.297324 2.613240
2000-12-27 0.297324 3.137254
2000-10-23 0.297324 3.356642
2000-07-21 0.297324 3.692307
2000-04-20 0.297324 3.356642
Additional Data
dividendRate 0.04
dividendYield 0.46
exDividendDate 2026-07-20
trailingAnnualDividendRate 0.04
trailingAnnualDividendYield 0.00456621
lastDividendValue 0.01
lastDividendDate 2026-04-21
dividendDate 2026-05-14

Info Dump

Attribute Value
52 Week Change 1.2519281
Address1 Two Newton Place
Address2 255 Washington Street, Suite 300
All Time High 29.722498
All Time Low 0.61
Ask 10.08
Ask Size 1
Audit Risk 9
Average Daily Volume10 Day 1,809,820
Average Daily Volume3 Month 1,734,190
Average Volume 1,734,190
Average Volume10Days 1,809,820
Beta 2.271
Bid 7.55
Bid Size 1
Board Risk 9
Book Value 6.693
City Newton
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 8.75
Current Ratio 7.399
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 8.97
Day Low 8.7
Debt To Equity 149.195
Dividend Date 1,778,716,800
Dividend Rate 0.04
Dividend Yield 0.46
Earnings Call Timestamp End 1,785,873,600
Earnings Call Timestamp Start 1,785,873,600
Earnings Timestamp 1,785,787,200
Earnings Timestamp End 1,785,787,200
Earnings Timestamp Start 1,785,787,200
Ebitda 217,440,992
Ebitda Margins 0.14329
Enterprise To Ebitda 20.301
Enterprise To Revenue 2.909
Enterprise Value 4,414,253,568
Eps Forward -0.475
Eps Trailing Twelve Months -1.33
Esg Populated 0
Ex Dividend Date 1,784,505,600
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 617 796 8349
Fifty Day Average 8.6968
Fifty Day Average Change 0.053199768
Fifty Day Average Change Percent 0.0061171656
Fifty Two Week Change Percent 125.19281
Fifty Two Week High 9.66
Fifty Two Week High Change -0.90999985
Fifty Two Week High Change Percent -0.09420288
Fifty Two Week Low 3.18
Fifty Two Week Low Change 5.5699997
Fifty Two Week Low Change Percent 1.7515723
Fifty Two Week Range 3.18 - 9.66
Financial Currency USD
First Trade Date Milliseconds 951,316,200,000
Five Year Avg Dividend Yield 1.76
Float Shares 186,775,809
Forward Eps -0.475
Forward P E -18.421053
Free Cashflow 247,525,120
Full Exchange Name NasdaqGS
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.17652
Gross Profits 267,864,992
Has Pre Post Market Data 1
Held Percent Insiders 0.10321999
Held Percent Institutions 0.84445
Implied Shares Outstanding 242,106,926
Industry REIT - Healthcare Facilities
Industry Disp REIT - Healthcare Facilities
Industry Key reit-healthcare-facilities
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,776,729,600
Last Dividend Value 0.01
Last Fiscal Year End 1,767,139,200
Long Business Summary 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 March 31, 2026, DHC's approximately 6.2 billion dollars portfolio included 285 properties in 33 states and Washington, D.C., with 23,901 senior living units, approximately 5.6 million square feet of medical office and life science properties and occupied by approximately 250 tenants. DHC is managed by The RMR Group, a leading U.S. alternative asset management company with over 37 billion dollars in assets under management as of March 31, 2026 and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquarters in Newton, MA. Diversified Healthcare Trust was incorporated in 1998 in Maryland.
Long Name Diversified Healthcare Trust
Market us_market
Market Cap 2,118,435,584
Market State PRE
Max Age 86,400
Message Board Id finmb_405201
Most Recent Quarter 1,774,915,200
Net Income To Common -320,175,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,120,856,671
Number Of Analyst Opinions 4
Open 8.8
Operating Cashflow -8,033,000
Operating Margins -0.01291
Overall Risk 6
Payout Ratio 0.023
Peg Ratio 1.89
Phone 617 796 8350
Pre Market Change -0.05000019
Pre Market Change Percent -0.57143074
Pre Market Price 8.7
Pre Market Time 1,784,023,189
Previous Close 8.76
Price Hint 2
Price To Book 1.3073361
Price To Sales Trailing12 Months 1.3960406
Profit Margins -0.21099001
Quick Ratio 6.737
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0100002
Regular Market Change Percent -0.114158
Regular Market Day High 8.97
Regular Market Day Low 8.7
Regular Market Day Range 8.7 - 8.97
Regular Market Open 8.8
Regular Market Previous Close 8.76
Regular Market Price 8.75
Regular Market Time 1,783,972,801
Regular Market Volume 778,546
Return On Assets -0.00529
Return On Equity -0.17944999
Revenue Growth -0.053
Revenue Per Share 6.31
Sand P52 Week Change 0.20847368
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 4
Shares Outstanding 242,106,926
Shares Percent Shares Out 0.050100002
Shares Short 12,134,918
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 8,619,358
Short Name Diversified Healthcare Trust
Short Percent Of Float 0.0558
Short Ratio 5.47
Source Interval 15
State MA
Symbol DHC
Target High Price 11.0
Target Low Price 8.0
Target Mean Price 9.875
Target Median Price 10.25
Total Cash 121,774,000
Total Cash Per Share 0.503
Total Debt 2,417,592,064
Total Revenue 1,517,459,968
Tradeable 0
Trailing Annual Dividend Rate 0.04
Trailing Annual Dividend Yield 0.00456621
Trailing Eps -1.33
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.3757
Two Hundred Day Average Change 2.3743
Two Hundred Day Average Change Percent 0.37239832
Type Disp Equity
Volume 778,546
Website https://www.dhcreit.com
Zip 02,458-1634