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Bank of America Corp DE raised its stake in shares of Diversified Healthcare Trust (NASDAQ:DHC – Free Report) by 90.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,682,265 shares of the real estate investment trust’s stock after buying an additional 1,273,681 shares during the period. Bank of America Corp DE owned approximately 1.11% of Diversified Healthcare Trust worth $17,810,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Diversified Healthcare Trust by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 19,768,282 shares of the real estate investment trust’s stock worth $95,876,000 after purchasing an additional 205,285 shares during the period. Carronade Capital Management LP increased its stake in Diversified Healthcare Trust by 10.6% in the 1st quarter. Carronade Capital Management LP now owns 5,268,435 shares of the real estate investment trust’s stock worth $34,982,000 after purchasing an additional 504,898 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Diversified Healthcare Trust by 13.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,108,830 shares of the real estate investment trust’s stock worth $24,778,000 after purchasing an additional 619,750 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Diversified Healthcare Trust by 158.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,862,334 shares of the real estate investment trust’s stock worth $9,270,000 after buying an additional 2,370,459 shares during the period. Finally, Centersquare Investment Management LLC raised its holdings in Diversified Healthcare Trust by 123.1% during the 4th quarter. Centersquare Investment Management LLC now owns 3,229,172 shares of the real estate investment trust’s stock worth $15,661,000 after buying an additional 1,781,839 shares during the period. 75.98% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets DHC has been the subject of several research analyst reports. B. Riley Financial increased their price objective on Diversified Healthcare Trust from $8.50 to $11.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Royal Bank Of Canada lifted their target price on Diversified Healthcare Trust from $6.00 to $8.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Diversified Healthcare Trust in a report on Friday, July 17th. Maxim Group increased their price target on shares of Diversified Healthcare Trust from $10.00 to $10.50 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Finally, Wall Street Zen upgraded shares of Diversified Healthcare Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Diversified Healthcare Trust has an average rating of “Moderate Buy” and a consensus price target of $9.83.

Check Out Our Latest Research Report on Diversified Healthcare Trust Diversified Healthcare Trust Price Performance Shares of DHC opened at $8.10 on Thursday. The firm has a market cap of $1.96 billion, a PE ratio of -7.30 and a beta of 2.30. The firm’s 50 day moving average price is $8.94 and its 200 day moving average price is $7.93. The company has a debt-to-equity ratio of 1.52, a quick ratio of 4.67 and a current ratio of 4.66. Diversified Healthcare Trust has a twelve month low of $3.43 and a twelve month high of $9.66.

Diversified Healthcare Trust (NASDAQ:DHC – Get Free Report) last posted its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.01). The business had revenue of $365.39 million during the quarter, compared to the consensus estimate of $370.75 million. Diversified Healthcare Trust had a negative return on equity of 16.22% and a negative net margin of 17.73%. As a group, research analysts expect that Diversified Healthcare Trust will post 0.6 EPS for the current fiscal year.

Diversified Healthcare Trust Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, July 20th were given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, July 20th. Diversified Healthcare Trust’s dividend payout ratio is presently -3.60%.

(Free Report)

Diversified Healthcare Trust is a real estate investment trust (REIT) specializing in the acquisition, ownership and management of healthcare properties across the United States. The company focuses on assets that serve the senior housing and post-acute care sectors, including skilled nursing facilities, assisted living communities, memory care centers and medical office buildings. By partnering with experienced operators, Diversified Healthcare Trust aims to generate stable, long-term cash flows through triple-net leases and percentage rent structures tailored to each property type.

The company’s portfolio spans multiple states and encompasses a mix of single-tenant and multi-tenant properties.

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Posted by Defense World Staff on Aug 8th, 2026

Dimensional Fund Advisors LP grew its holdings in shares of Diversified Healthcare Trust (NASDAQ:DHC – Free Report) by 6.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,399,804 shares of the real estate investment trust’s stock after buying an additional 138,708 shares during the period. Dimensional Fund Advisors LP owned 0.99% of Diversified Healthcare Trust worth $15,935,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Diversified Healthcare Trust by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 19,768,282 shares of the real estate investment trust’s stock worth $95,876,000 after acquiring an additional 205,285 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Diversified Healthcare Trust by 13.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,108,830 shares of the real estate investment trust’s stock worth $24,778,000 after purchasing an additional 619,750 shares in the last quarter. Carronade Capital Management LP grew its position in Diversified Healthcare Trust by 4.4% during the 4th quarter. Carronade Capital Management LP now owns 4,763,537 shares of the real estate investment trust’s stock valued at $23,103,000 after purchasing an additional 201,789 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Diversified Healthcare Trust by 158.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,862,334 shares of the real estate investment trust’s stock valued at $9,270,000 after purchasing an additional 2,370,459 shares during the last quarter. Finally, Centersquare Investment Management LLC increased its stake in Diversified Healthcare Trust by 123.1% during the 4th quarter. Centersquare Investment Management LLC now owns 3,229,172 shares of the real estate investment trust’s stock valued at $15,661,000 after purchasing an additional 1,781,839 shares in the last quarter. Hedge funds and other institutional investors own 75.98% of the company’s stock.

Analyst Upgrades and Downgrades Several equities research analysts recently weighed in on DHC shares. Freedom Capital raised shares of Diversified Healthcare Trust to a “strong-buy” rating in a research report on Thursday, April 30th. Maxim Group boosted their price objective on shares of Diversified Healthcare Trust from $10.00 to $10.50 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Royal Bank Of Canada increased their price objective on shares of Diversified Healthcare Trust from $6.00 to $8.00 and gave the company a “sector perform” rating in a research report on Thursday, June 18th. Weiss Ratings restated a “sell (d-)” rating on shares of Diversified Healthcare Trust in a report on Friday, July 17th. Finally, B. Riley Financial boosted their target price on shares of Diversified Healthcare Trust from $8.50 to $11.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $9.83.

Check Out Our Latest Research Report on DHC

Diversified Healthcare Trust Price Performance Shares of NASDAQ:DHC opened at $8.82 on Friday. The company has a debt-to-equity ratio of 1.52, a quick ratio of 5.36 and a current ratio of 4.66. The firm has a fifty day moving average price of $8.99 and a 200 day moving average price of $7.77. Diversified Healthcare Trust has a fifty-two week low of $3.29 and a fifty-two week high of $9.66. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of -7.95 and a beta of 2.30.

Diversified Healthcare Trust (NASDAQ:DHC – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.01). The company had revenue of $365.39 million during the quarter, compared to the consensus estimate of $370.75 million. Diversified Healthcare Trust had a negative net margin of 17.73% and a negative return on equity of 16.22%. As a group, sell-side analysts expect that Diversified Healthcare Trust will post 0.6 earnings per share for the current fiscal year.

Diversified Healthcare Trust Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Monday, July 20th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, July 20th. Diversified Healthcare Trust’s dividend payout ratio is currently -3.60%.

Diversified Healthcare Trust Company Profile (Free Report)

Diversified Healthcare Trust is a real estate investment trust (REIT) specializing in the acquisition, ownership and management of healthcare properties across the United States. The company focuses on assets that serve the senior housing and post-acute care sectors, including skilled nursing facilities, assisted living communities, memory care centers and medical office buildings. By partnering with experienced operators, Diversified Healthcare Trust aims to generate stable, long-term cash flows through triple-net leases and percentage rent structures tailored to each property type.

The company’s portfolio spans multiple states and encompasses a mix of single-tenant and multi-tenant properties.

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Diversified Healthcare Trust NASDAQ: DHC reported second-quarter results marked by higher senior housing profitability, continued occupancy and pricing gains, and reduced leverage, while reaffirming the full-year guidance it raised in June.

Normalized funds from operations totaled $39 million, or $0.16 per share, in the second quarter, while adjusted EBITDARE was $82 million. Consolidated net operating income rose 20.4% year over year to $84 million, according to President and Chief Executive Officer Chris Bilotto.

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SHOP segment drives NOI growth The company’s senior housing operating portfolio, or SHOP segment, remained the principal source of growth. Same-property SHOP NOI increased 37.2% year over year to $52 million, supported by a 160-basis-point increase in occupancy to 83.1%, a 6.2% gain in average monthly rates and margin expansion.

Bilotto said the company’s operator transitions, completed in late 2025, are beginning to produce benefits from more regional oversight and shared operating practices. However, management said occupancy growth and related revenue are tracking slightly below its initial 2026 expectations because of the timing required to rebuild local leadership, sales teams and operating infrastructure at transitioned communities.

“This isn’t a function in our view of hitting certain occupancy levels,” Bilotto said in response to an analyst question. “It’s just a delay in the timing of that ramp up.”

Management said the slower occupancy ramp is being offset by better-than-expected profitability per occupied unit. Higher-acuity care revenue, ancillary revenue and expense efficiencies have supported revenue per occupied room and expense performance.

Anthony Paula, vice president, said same-property SHOP occupancy increased 70 basis points sequentially during the quarter, while average monthly rates rose 100 basis points sequentially and 620 basis points year over year. In-property expense per occupied room declined 170 basis points from the first quarter and increased 150 basis points from the prior year.

The company cited new food-and-beverage procurement contracts among the cost-saving measures. Paula said those agreements are expected to produce annualized savings of $14 million to $16 million, including about $8 million expected to be recognized during 2026.

Second-quarter SHOP NOI also included about $1.5 million of one-time expense benefits related to timing of expense recognition and first-quarter overaccruals, CFO and Treasurer Matt Brown said. The benefit is not expected to recur in the third quarter.

New operator agreements and redevelopment plans DHC is renegotiating contracts with its legacy SHOP operators, seeking to align them with the framework used for recently transitioned communities. The revised agreements are expected to include lower base fees, incentive fees tied to annual operational performance and tighter cost controls.

Bilotto said the agreements are expected to generate immediate annual cost savings of nearly $2 million before potential incentive-fee-related growth. The new contracts are expected to begin in January 2027 and cover the remainder of the portfolio outside of communities transitioned from the former AlerisLife arrangement.

The company also continues to pursue redevelopment opportunities at 16 SHOP communities, where closed skilled nursing wings or floors could be converted into independent living, assisted living and memory care units. DHC plans an initial investment of about $20 million at six communities to add roughly 150 units.

Construction on the initial phase is expected to begin later this year, with the first units scheduled to come online in the second half of 2027. Management expects the projects to generate unlevered returns in the mid-teens while converting carrying costs on closed space into revenue-producing units.

Medical office occupancy rises, known vacancies remain In DHC’s medical office and life science portfolio, same-property occupancy increased 110 basis points year over year to 95.8%. The company completed approximately 477,000 square feet of new and renewal leasing during the quarter, with a 6.7% rent roll-up and a weighted-average lease term of 7.1 years.

Same-property NOI in the segment was $24.1 million, essentially unchanged from a year earlier. Brown said second-quarter rental revenue was affected by a one-time bad-debt charge of about $1 million that was unrelated to upcoming vacancies.

The company has three known tenant departures representing approximately 4.6% of the segment’s expiring annualized revenue. Two tenants vacated July 1, accounting for 3.5% of annualized revenue and 213,000 square feet, while another tenant is expected to leave Dec. 1. DHC plans to market one 150,000-square-foot property for sale and is marketing the other two properties for lease.

Guidance reaffirmed as leverage declines DHC ended the quarter with $267 million of liquidity, including $117 million of cash and an undrawn $150 million secured revolving credit facility. Net debt to annualized adjusted EBITDARE declined to 7.1 times from 8.7 times a year earlier, helped by SHOP performance and more than $600 million of asset sales completed since the beginning of 2025.

Interest coverage improved to 2.2 times from 1.4 times in the prior-year period. The company’s next debt maturity is not until February 2028, Brown said.

The company reaffirmed its 2026 outlook:

Total NOI of $307 million to $323 million. SHOP NOI of $185 million to $195 million. Adjusted EBITDARE of $300 million to $315 million. Normalized FFO of $0.56 to $0.62 per share. While retaining its SHOP NOI forecast, DHC lowered its occupancy-growth assumption to 200 basis points and its revenue-growth assumption to 6.6%. It raised its average monthly rate growth assumption to 5.5% and reduced its operating expense growth assumption to 2.5%, reflecting stronger-than-expected cost controls.

Brown said SHOP NOI is tracking toward the high end of the company’s June guidance range, though DHC expects some third-quarter utility-cost seasonality. The company also reaffirmed recurring capital expenditure guidance of $100 million to $115 million for 2026.

Bilotto said DHC’s capital recycling program is substantially complete and that the company is focused on operations, deleveraging and internal investment opportunities. He added that the board reviews the dividend quarterly as the company evaluates options to enhance shareholder returns.

About Diversified Healthcare Trust (NASDAQ:DHC)Diversified Healthcare Trust is a real estate investment trust (REIT) specializing in the acquisition, ownership and management of healthcare properties across the United States. The company focuses on assets that serve the senior housing and post-acute care sectors, including skilled nursing facilities, assisted living communities, memory care centers and medical office buildings. By partnering with experienced operators, Diversified Healthcare Trust aims to generate stable, long-term cash flows through triple-net leases and percentage rent structures tailored to each property type.

The company's portfolio spans multiple states and encompasses a mix of single-tenant and multi-tenant properties.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended June 30, 2026, and provided updated full year 2026 financial guidance, which can be found at the Quarterly Reports section of DHC's website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. The updated full year 2026 financial guidance is consistent with DHC's news release issued on June 1, 2026. A conference call to discuss DHC'.

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). This distribution will be paid to DHC's common shareholders of record as of the close of business on July 20, 2026 and distributed on or about August 13, 2026. About Diversified Healthcare Trust: DHC is a real estate investment trust focused on owning high-quality healthcare properties located through.

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Diversified Healthcare (DHC - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Diversified Healthcare currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market? In order to see if DHC is a promising momentum pick, let's examine some Momentum Style elements to see if this residential care real estate investment trust holds up.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

For DHC, shares are up 7.11% over the past week while the Zacks REIT and Equity Trust - Other industry is up 3.44% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 9.41% compares favorably with the industry's 4.13% performance as well.

While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of Diversified Healthcare have risen 34.01%, and are up 147.34% in the last year. In comparison, the S&P 500 has only moved 14.95% and 21.93%, respectively.

Investors should also pay attention to DHC's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. DHC is currently averaging 2,114,888 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with DHC.

Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. This revision helped boost DHC's consensus estimate, increasing from $0.57 to $0.60 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period.

Bottom LineTaking into account all of these elements, it should come as no surprise that DHC is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Diversified Healthcare on your short list.

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Diversified Healthcare (DHC - Free Report) , which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Diversified Healthcare currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for DHC that show why this residential care real estate investment trust shows promise as a solid momentum pick.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.

For DHC, shares are up 5.86% over the past week while the Zacks REIT and Equity Trust - Other industry is up 2.67% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 8.01% compares favorably with the industry's 4.75% performance as well.

Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of Diversified Healthcare have increased 34.58% over the past quarter, and have gained 159.48% in the last year. In comparison, the S&P 500 has only moved 11.66% and 24.19%, respectively.

Investors should also pay attention to DHC's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. DHC is currently averaging 1,874,424 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with DHC.

Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. This revision helped boost DHC's consensus estimate, increasing from $0.57 to $0.60 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period.

Bottom LineTaking into account all of these elements, it should come as no surprise that DHC is a #2 (Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Diversified Healthcare on your short list.

Diversified Healthcare Trust (NASDAQ: DHC - Get Free Report) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 7,519,124 shares, an increase of 20.6% from the February 26th total of 6,237,195 shares. Approximately 3.5% of the shares of the company are short sold. Based

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). This distribution will be paid to DHC's common shareholders of record as of the close of business on April 21, 2026 and distributed on or about May 14, 2026. About Diversified Healthcare Trust: DHC is a real estate investment trust, or REIT, focused on owning high-quality healthcare properties located.

Diversified Healthcare (DHC - Free Report) came out with quarterly funds from operations (FFO) of $0.14 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to FFO of $0.06 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an FFO surprise of +7.69%. A quarter ago, it was expected that this residential care real estate investment trust would post FFO of $0.12 per share when it actually produced FFO of $0.09, delivering a surprise of -25%.

Over the last four quarters, the company has surpassed consensus FFO estimates just once.

Diversified Healthcare, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $366.47 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 1.23%. This compares to year-ago revenues of $386.86 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.

Diversified Healthcare shares have added about 61.7% since the beginning of the year versus the S&P 500's gain of 5.6%.

What's Next for Diversified Healthcare?While Diversified Healthcare has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Diversified Healthcare was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus FFO estimate is $0.14 on $383.19 million in revenues for the coming quarter and $0.57 on $1.55 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Gladstone Land (LAND - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 11.

This real estate investment trust specializing in farmland is expected to post quarterly earnings of $0.01 per share in its upcoming report, which represents a year-over-year change of -83.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Gladstone Land's revenues are expected to be $14.2 million, down 15.5% from the year-ago quarter.

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that President and Chief Executive Officer Chris Bilotto and Chief Financial Officer and Treasurer Matthew Brown will be presenting at Nareit's REITweek 2026 Investor Conference in New York, NY on Tuesday, June 2, 2026 at 1:45 p.m. Eastern Time. A live audio webcast of the presentation will be available in a listen-only mode on the company's website at https://www.dhcreit.com/investors/events-and-presenta.

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has increased its full year 2026 guidance, driven by disciplined expense management, procurement efficiencies and cost savings from recent operator transitions, as well as continued improvements across its senior housing operating portfolio (“SHOP”).

DHC now expects full year 2026 SHOP net operating income (“NOI”) to be in the range of $185 million to $195 million, an increase from its prior guidance range, issued on February 23, 2026 and confirmed most recently on May 4, 2026, of $175 million to $185 million. As a result, DHC now expects 2026 total NOI to be in the range of $307 million to $323 million, compared to its prior guidance range of $297 million to $313 million, and Adjusted EBITDAre is now expected to be between $300 million and $315 million, a $10 million increase at the midpoint. Normalized funds from operations (“Normalized FFO”) per share is now expected to be in the range of $0.56 to $0.62, a $0.04 increase at the midpoint.

Chris Bilotto, President and Chief Executive Officer of DHC, made the following statement:

“Our increased 2026 NOI guidance reflects strong execution across our SHOP portfolio, including disciplined expense management and the early benefits of our recent operator transitions. We are realizing meaningful cost efficiencies, particularly within food and beverage and labor, while continuing to drive revenue growth through occupancy gains and rate increases. We expect these operational improvements to continue throughout 2026, supported by active asset management and favorable industry fundamentals, including sustained demand and limited new supply. We believe this positions us to deliver continued margin expansion and achieve our revised NOI guidance for the remainder of 2026.”

DHC’s updated SHOP NOI guidance assumes approximately 300 basis points of year-over-year occupancy growth, revenue growth of approximately 8.0%, and average monthly rate increases of approximately 5.3%, partially offset by operating expense growth of approximately 4.5%. An updated investor presentation reflecting DHC’s revised guidance and assumptions can be accessed on the Investors section of DHC’s website at www.dhcreit.com. DHC does not provide a reconciliation of non-generally accepted accounting principles (“GAAP”) measures that it discloses as part of its annual guidance or long term outlook because certain significant information required for such reconciliation is not available without unreasonable efforts, or at all, including, most notably, impairment of assets, gain (loss) on sale of properties, loss on modification or early extinguishment of debt and equity in net earnings of investees. These items that would be contained in the comparable GAAP measures are not indicative of DHC’s ongoing operations, are uncertain, depend on various factors, and could have a material impact on DHC’s GAAP results for the guidance period.

About Diversified Healthcare Trust

DHC 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 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 (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion 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 headquartered in Newton, MA. For more information, visit www.dhcreit.com.

WARNING CONCERNING FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Also, whenever DHC uses words such as “believe”, “expect”, “anticipate”, “seek”, “intend”, “plan”, “estimate”, “will”, “may” and negatives or derivatives of these or similar expressions, DHC is making forward-looking statements. These forward-looking statements are based upon DHC’s present intent, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. For example:

This press release includes DHC’s full year 2026 guidance, including with respect to NOI, Adjusted EBITDAre and Normalized FFO. However, DHC’s guidance is based on certain assumptions, which may not occur. As a result, DHC may not achieve the expected results provided in its guidance. Mr. Bilotto made statements in this press release regarding strong execution across DHC’s SHOP portfolio and expected operational improvements, active asset management and favorable industry fundamentals. However, DHC may not be able to continue to realize cost efficiencies and drive revenue growth through occupancy gains and rate increases as and/or when expected. Further, DHC cannot be sure that industry fundamentals will remain favorable. As result, DHC may not be able to deliver continued margin expansion in the SHOP portfolio and achieve its revised guidance for the remainder of 2026. Actual results may differ materially from those contained in or implied by DHC’s forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond DHC’s control.

The information contained in DHC’s filings with the Securities and Exchange Commission (the “SEC”), including under “Risk Factors” in DHC’s periodic reports, or incorporated therein, identifies other important factors that could cause DHC’s actual results to differ materially from those stated in or implied by DHC’s forward-looking statements. DHC’s filings with the SEC are available on the SEC’s website at www.sec.gov.

You should not place undue reliance upon forward-looking statements.

Except as required by law, DHC does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.‎

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Diversified Healthcare Trust is executing a strategic transformation, reducing net debt and selling assets while driving revenue and EBITDA growth. Despite a smaller property portfolio, DHC has improved occupancy rates and average monthly rates, particularly in its Senior Housing Operating Portfolio. Management raised 2026 guidance for NOI, EBITDA, and adjusted FFO per share, reflecting operational momentum and cost-cutting successes.