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Diversified Healthcare Trust

Diversified Healthcare Trust

DHC · NASDAQ · Real Estate / REIT - Healthcare Facilities

7.23USD-0.06 (-0.82%)

Price History

Full chart

Market Stats

Previous Close7.29
Open7.32
Day Range7.07 – 7.33
52-Week Range3.90 – 9.66
Volume1.28M
Market Cap1.97B
P/E (TTM)0.00
Forward P/E16.64
EPS-1.11
Dividend Yield0.49%
Beta2.28
50-Day Avg8.33
200-Day Avg7.42

About

Diversified Healthcare Trust is a real estate investment trust, or REIT, focused on owning high-quality healthcare properties located throughout the United States. DHC's portfolio is anchored by a strategically curated mix of senior housing, medical office and life science assets that combine high quality care, modern technology and amenity rich environments to meet rising demand across the healthcare continuum. As of June 30, 2026, DHC's approximately 6.3 billion dollar portfolio included 285 properties in 33 states and Washington, D.C., with 23,797 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 dollar in assets under management as of June 30, 2026 and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, Massachusetts. Diversified Healthcare Trust was established in 1998 and is incorporated in Maryland.

Company Details

  • SectorReal Estate
  • IndustryREIT - Healthcare Facilities
  • CEOMr. Christopher J. Bilotto
  • Employees0
  • HeadquartersTwo Newton Place, Newton, MA, United States, 02458-1634, USA
  • Websitehttps://www.dhcreit.com

Leadership

  • Mr. Adam David PortnoyManaging Chair of the Board · b. 1970
  • Mr. Christopher J. BilottoPresident, CEO & Managing Trustee · b. 1978
  • Mr. Matthew C. Brown CPACFO & Treasurer · b. 1982
  • Matt MurphyManager of Investor Relations
  • Mr. David M. BlackmanDirector of Acquisition
  • Ms. Lindsey Adair Getz J.D.Secretary

Financials

Income Statement

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue88.31M90.79M75.52M279.01M122.30M131.15M148.52M163.19M179.81M188.02M235.54M297.78M339.01M450.02M634.80M761.44M844.89M998.77M1.06B1.07B1.12B1.04B1.63B1.38B1.28B1.41B1.50B1.54B
Growth (%)-+2.81%-16.82%+269.44%-56.17%+7.24%+13.25%+9.87%+10.18%+4.57%+25.27%+26.43%+13.85%+32.74%+41.06%+19.95%+10.96%+18.21%+5.93%+1.58%+3.95%-6.89%+56.90%-15.25%-7.20%+9.87%+6.04%+2.84%
Cost of Revenue----106.84M--5.93M21.00K85.30M2.79M14.27M19.20M68.97M207.09M303.26M329.17M384.43M401.88M413.89M451.77M502.17M1.24B1.09B1.11B1.19B1.24B1.78B
Gross Profit88.31M90.79M75.52M279.01M15.46M131.15M148.52M157.26M179.78M102.72M232.75M283.51M319.81M381.05M427.71M458.18M515.72M614.34M656.15M660.83M665.39M537.98M394.86M291.40M174.50M225.30M256.38M-245.33M
Gross Margin100.00%100.00%100.00%100.00%12.64%100.00%100.00%96.37%99.99%54.63%98.81%95.21%94.34%84.67%67.38%60.17%61.04%61.51%62.02%61.49%59.56%51.72%24.19%21.07%13.59%15.98%17.14%-15.95%
Operating Expense22.78M57.19M29.13M254.66M-66.76M46.22M51.16M57.85M66.64M-20.74M126.50M174.19M115.88M153.53M170.56M193.67M224.33M300.81M46.56M103.69M85.89M37.03M30.59M305.22M265.71M26.13M26.52M-206.06M
Operating Income65.53M33.60M46.39M24.35M82.22M84.93M97.36M99.41M113.14M123.46M106.25M109.32M203.93M227.51M257.15M264.51M291.39M313.53M609.59M557.14M579.50M500.95M364.26M-13.82M-91.22M199.17M229.86M-39.27M
Operating Margin74.21%37.01%61.42%8.73%67.23%64.76%65.55%60.92%62.92%65.66%45.11%36.71%60.15%50.56%40.51%34.74%34.49%31.39%57.62%51.84%51.87%48.16%22.32%-1.00%-7.11%14.12%15.37%-2.55%
EBITDA83.83M55.85M39.11M52.60M113.82M122.69M138.77M159.25M157.22M136.11M215.67M246.02M215.21M256.75M397.79M429.18M474.45M567.45M604.65M551.79M573.72M494.16M356.86M708.25M427.79M198.93M229.96M182.28M
EBITDA Margin94.93%61.51%51.79%18.85%93.07%93.55%93.43%97.59%87.44%72.39%91.56%82.62%63.48%57.05%62.66%56.36%56.16%56.81%57.15%51.34%51.35%47.51%21.87%51.20%33.33%14.11%15.38%11.85%
Net Income46.24M14.83M58.44M17.02M50.18M45.87M56.74M58.70M66.10M85.30M106.51M109.72M116.48M151.42M131.82M151.16M158.64M123.97M141.29M147.61M286.87M-88.23M-139.45M174.51M-15.77M-293.57M-370.25M-285.89M
Net Income Margin52.36%16.34%77.38%6.10%41.03%34.98%38.20%35.97%36.76%45.37%45.22%36.84%34.36%33.65%20.77%19.85%18.78%12.41%13.35%13.73%25.68%-8.48%-8.54%12.62%-1.23%-20.82%-24.76%-18.59%
R&D------------------0.130.370.680.080.080.130.020.19--
R&D as % of Total Revenue------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense0015.37M0035.09M046.63M47.02M37.76M40.15M56.40M80.02M98.26M117.24M117.82M135.11M150.88M167.57M165.02M179.29M180.11M201.48M255.76M209.38M191.78M235.24M204.50M
Interest Expense % of Total Revenue0.00%0.00%20.35%0.00%0.00%26.75%0.00%28.58%26.15%20.08%17.05%18.94%23.60%21.84%18.47%15.47%15.99%15.11%15.84%15.35%16.05%17.32%12.35%18.49%16.31%13.60%15.73%13.30%

Balance Sheet

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets686.30M654.00M530.57M867.30M1.16B1.30B1.45B1.50B1.58B1.70B2.50B2.99B3.39B4.38B4.75B4.76B5.97B7.18B7.23B7.29B7.16B6.65B6.48B6.62B6.00B5.45B5.14B4.36B
Total Liabilities44.23M244.59M108.26M292.68M405.87M576.19M557.06M581.67M565.31M452.48M765.52M1.09B1.26B1.91B2.10B1.99B3.02B3.82B4.03B4.02B3.98B3.78B3.86B3.96B3.36B3.11B3.18B2.70B
Total Equity642.07M409.41M422.31M574.62M752.33M727.91M890.67M917.98M1.02B1.25B1.73B1.90B2.13B2.47B2.65B2.78B2.95B3.36B3.20B3.28B3.18B2.74B2.62B2.66B2.64B2.34B1.96B1.67B
Cash139.00K17.09M515.00K352.03M8.65M3.53M3.41M14.64M5.46M43.52M5.99M10.49M10.87M23.56M42.38M39.23M27.59M37.66M31.75M31.24M54.98M37.36M74.42M634.85M658.07M245.94M144.58M121.80M
Total Debt-200.00M97.00M243.61M357.36M527.43M535.18M556.40M545.09M426.85M579.02M1.05B1.22B1.83B2.02B1.91B2.92B3.62B4.04B4.27B3.73B3.58B3.80B3.68B3.08B2.82B2.91B2.42B
Net Debt-139.00K182.91M96.48M-108.42M348.71M523.90M531.77M541.76M539.62M383.33M573.03M1.04B1.21B1.80B1.98B1.87B2.90B3.58B3.79B3.74B3.68B3.54B3.49B3.05B2.42B2.57B2.77B2.30B

Cash Flow

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow60.24M64.08M31.02M17.40M99.11M79.62M95.19M104.22M112.33M135.90M184.46M209.39M215.31M255.56M283.30M306.70M350.90M405.52M426.81M407.05M392.84M265.85M158.54M-63.32M-40.35M10.48M112.22M-19.62M
Investing Cash Flow306.00K387.00K94.35M-25.83M-621.67M-178.50M-131.85M--126.25M-110.24M-841.57M-556.80M-466.07M-842.08M-327.86M-153.02M-1.26B-1.21B-292.87M-221.44M99.09M86.17M-40.44M242.70M387.71M-202.11M-187.02M483.57M
Financing Cash Flow-60.40M-47.52M-141.95M352.76M188.29M93.76M36.54M-8.05M4.74M12.40M619.58M351.91M251.13M599.22M63.38M-156.83M901.48M817.64M-139.84M-186.13M-469.18M-369.86M-79.48M746.72M-676.00M-249.71M-22.31M-492.01M
Capital Expenditure2.00K02.30M2.18M622.46M179.39M137.75M97.48M133.13M110.24M00467.44M38.66M365.86M245.57M1.26B1.20B292.87M221.44M99.09M18.81M185.59M227.60M299.39M235.01M00
Free Cash Flow60.23M64.08M28.72M15.23M-523.35M-99.77M-42.56M6.74M-20.80M25.66M184.46M209.39M-252.14M294.22M-82.56M61.13M-912.30M-796.86M133.94M185.62M491.93M265.85M158.54M-63.32M-40.35M10.48M112.22M-19.62M
Dividends Paid60.40M47.52M38.95M37.39M67.37M72.47M77.79M87.72M93.37M112.56M144.41M171.47M184.76M223.53M259.54M288.94M305.77M356.39M370.49M370.61M370.75M199.72M42.83M9.54M9.57M9.60M9.63M9.66M
FCF to OCF100.00%100.00%92.59%87.50%-528.05%-125.31%-44.71%6.47%-18.51%18.88%100.00%100.00%-117.11%115.13%-29.14%19.93%-259.99%-196.50%31.38%45.60%125.22%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF100.28%74.15%135.60%245.52%-12.87%-72.64%-182.78%1301.13%-448.98%438.67%78.29%81.89%-73.28%75.97%-314.37%472.67%-33.52%-44.72%276.61%199.66%75.37%75.13%27.01%-15.07%-23.71%91.53%8.58%-49.25%

Earnings

Report DateDec 31, 1999May 8, 2000Aug 9, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Nov 2, 2001Feb 14, 2002Apr 30, 2002Aug 1, 2002Nov 6, 2002Feb 12, 2003Apr 29, 2003Jul 30, 2003Oct 30, 2003Feb 10, 2004May 3, 2004Jul 29, 2004Oct 27, 2004Feb 10, 2005May 3, 2005Aug 2, 2005Oct 31, 2005Feb 7, 2006May 2, 2006Aug 3, 2006Nov 9, 2006Feb 28, 2007May 1, 2007Jul 30, 2007Nov 1, 2007Feb 28, 2008May 7, 2008Aug 7, 2008Nov 6, 2008Feb 26, 2009May 6, 2009Aug 7, 2009Nov 3, 2009Feb 18, 2010May 4, 2010Aug 2, 2010Nov 1, 2010Feb 23, 2011Apr 28, 2011Jul 28, 2011Oct 27, 2011Feb 16, 2012Apr 30, 2012Aug 1, 2012Oct 29, 2012Feb 15, 2013Apr 29, 2013Jul 30, 2013Oct 29, 2013Feb 26, 2014May 2, 2014Aug 4, 2014Nov 3, 2014Feb 26, 2015May 6, 2015Aug 6, 2015Nov 4, 2015Feb 23, 2016May 5, 2016Aug 5, 2016Nov 4, 2016Feb 27, 2017May 5, 2017Aug 3, 2017Nov 9, 2017Feb 27, 2018May 9, 2018Aug 7, 2018Nov 6, 2018Mar 1, 2019May 9, 2019Aug 8, 2019Nov 7, 2019Mar 2, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 24, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 23, 2022May 3, 2022Aug 3, 2022Nov 2, 2022Mar 1, 2023May 8, 2023Aug 1, 2023Nov 1, 2023Feb 26, 2024May 6, 2024Aug 1, 2024Nov 4, 2024Feb 24, 2025May 5, 2025Aug 4, 2025Nov 3, 2025Mar 3, 2026May 4, 2026Aug 3, 2026Nov 2, 2026
EPS Estimate-0.530.46----0.23-0.35--0.36---0.170.190.290.210.240.240.210.220.25-0.23-0.380.260.270.270.320.280.280.250.290.280.270.240.280.240.230.240.300.260.230.240.260.240.250.230.270.250.230.200.230.270.190.200.240.230.180.190.180.170.160.160.160.150.150.160.160.160.140.120.160.100.070.020.03-0.08-0.16-0.12-0.22-0.23-0.23-0.24-0.241.04-0.29-0.23-0.28-0.23-0.22-0.20-0.25-0.28-0.28-0.26-0.29-0.28-0.23-0.23-0.18-0.160.140.15
EPS Actual-0.820.290.280.171.510.110.110.190.140.230.180.220.240.210.170.180.230.210.220.200.260.200.220.210.150.220.220.210.370.240.250.250.310.260.250.250.280.270.260.230.240.240.220.220.320.220.380.220.240.220.220.210.250.210.200.200.430.200.180.180.220.190.180.160.200.160.170.140.180.140.140.180.220.880.160.14-0.500.090.050.010.030.040.02-0.21-0.07-0.28-0.22-0.30-0.401.02-0.33-0.31-0.25-0.22-0.30-0.28-0.43-0.28-0.32-0.41-0.27-0.24-0.20-0.22-0.06-0.130.16-
Surprise--45.28%-39.13%-----17.39%--34.29%---33.33%---35.29%10.53%-24.14%-4.76%8.33%-16.67%4.76%-4.55%-40.00%--4.35%--2.63%-7.69%-7.41%-7.41%-3.13%-7.14%-10.71%0.00%-3.45%-3.57%-3.70%-4.17%-14.29%0.00%-4.35%-8.33%6.67%-15.38%65.22%-8.33%-7.69%-8.33%-12.00%-8.70%-7.41%-16.00%-13.04%0.00%86.96%-25.93%-5.26%-10.00%-8.33%-17.39%0.00%-15.79%11.11%-5.88%6.25%-12.50%12.50%-6.67%-6.67%12.50%37.50%450.00%14.29%16.67%-412.50%-10.00%-28.57%-50.00%0.00%150.00%112.50%-75.00%68.18%-21.74%4.35%-25.00%-66.67%-1.92%-13.79%-34.78%10.71%4.35%-36.36%-40.00%-72.00%0.00%-14.29%-58.38%6.55%14.29%13.04%4.35%65.06%18.75%14.29%-
Timing-Pre-marketAfter-hours----After-hours-Pre-market--------After-hours----------Pre-marketPre-market---Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.97B
Enterprise Value4.26B
Trailing P/E0.00
Forward P/E16.64
PEG Ratio1.89
Price / Sales1.31
Price / Book1.25
EPS-1.11
Book Value6.54
Revenue (TTM)1.50B
Gross Profit (TTM)279.16M
EBITDA220.59M
Profit Margin-17.73%
Operating Margin-0.14%
Return on Equity-15.47%
Return on Assets-0.45%
Shares Outstanding242.13M
Shares Float201.60M
Beta2.28
Dividend Yield0.49%
Dividend Rate0.04
Payout Ratio2.30%

Analyst Ratings

Hold
Based on 3 analystsTarget 10.15
  • Strong Buy
    1
  • Hold
    1
  • Sell
    1

Ownership Breakdown

Institutions
86.13%
Insiders
10.38%
Retail / Other
3.49%

Top Institutional Holders

  • BlackRock Inc
    23.88M9.86%
  • Flat Footed LLC
    23.49M9.70%
  • Silver Point Capital LP
    15.50M6.40%
  • H/2 Credit Manager LP
    12.82M5.29%
  • Vanguard Capital Management, LLC
    9.60M3.96%
  • State Street Corp
    8.99M3.71%
  • Vanguard Portfolio Management, LLC
    8.82M3.64%
  • Geode Capital Management, LLC
    6.61M2.73%
  • Nomura Holdings Inc
    6.28M2.59%
  • Davidson Kempner Capital Management LP
    6.25M2.58%
  • Carronade Capital Management LP
    6.14M2.54%
  • Charles Schwab Investment Management Inc
    5.88M2.43%
  • HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
    5.00M2.06%
  • BlackBarn Capital Partners LP
    4.08M1.68%
  • CenterSquare Investment Management LLC
    2.86M1.18%
  • JPMorgan Chase & Co
    2.77M1.15%
  • Bank of America Corp
    2.68M1.11%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    7.51M3.10%
  • Vanguard MStar Total Stk Mkt Idx Invest
    6.98M2.88%
  • iShares Russell 2000 ETF
    5.76M2.38%

Dividends

20264×
0.01Oct 19, 20260.01Jul 20, 20260.01Apr 21, 20260.01Jan 26, 2026
20254×
0.01Oct 27, 20250.01Jul 21, 20250.01Apr 22, 20250.01Jan 27, 2025
20244×
0.01Oct 28, 20240.01Jul 22, 20240.01Apr 19, 20240.01Jan 19, 2024
20234×
0.01Oct 20, 20230.01Jul 21, 20230.01Apr 21, 20230.01Jan 20, 2023
20224×
0.01Oct 21, 20220.01Jul 22, 20220.01Apr 22, 20220.01Jan 21, 2022
20214×
0.01Oct 22, 20210.01Jul 23, 20210.01Apr 23, 20210.01Jan 22, 2021