After finishing at $2.45 in the prior trading day, Diversified Healthcare Trust (NASDAQ: DHC) closed at $2.42, down -1.22%. On the day, 1232672 shares were traded. DHC stock price reached its highest trading level at $2.5288 during the session, while it also had its lowest trading level at $2.3900.
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Ratios:
Our goal is to gain a better understanding of DHC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.21.
Wells Fargo Downgraded its Overweight to Equal Weight on January 17, 2020, while the target price for the stock was maintained at $9.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 14 ’23 when PORTNOY ADAM D. bought 2,000,000 shares for $3.07 per share. The transaction valued at 6,132,600 led to the insider holds 23,250,019 shares of the business.
PORTNOY ADAM D. bought 1,992,259 shares of DHC for $6,026,783 on Jun 13 ’23. The Director now owns 21,250,019 shares after completing the transaction at $3.03 per share. On Jun 12 ’23, another insider, PORTNOY ADAM D., who serves as the Director of the company, bought 2,011,256 shares for $2.87 each. As a result, the insider paid 5,778,540 and bolstered with 19,257,760 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DHC now has a Market Capitalization of 589.02M and an Enterprise Value of 3.16B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 2.24 whereas that against EBITDA is 15.55.
Stock Price History:
Over the past 52 weeks, DHC has reached a high of $3.96, while it has fallen to a 52-week low of $0.80. The 50-Day Moving Average of the stock is 2.8918, while the 200-Day Moving Average is calculated to be 2.5492.
Shares Statistics:
The stock has traded on average 1.39M shares per day over the past 3-months and 1.95M shares per day over the last 10 days, according to various share statistics. A total of 240.42M shares are outstanding, with a floating share count of 215.61M. Insiders hold about 10.32% of the company’s shares, while institutions hold 76.17% stake in the company. Shares short for DHC as of Feb 29, 2024 were 6.18M with a Short Ratio of 4.44, compared to 4.57M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.57% and a Short% of Float of 2.90%.
Dividends & Splits
In the trailing 12 months, DHC’s forward annual dividend rate was 0.04, compared to 0.04 this year. Against a Trailing Annual Dividend Yield of 1.63%, it implies a Forward Annual Dividend Yield of 1.65%. The stock’s 5-year Average Dividend Yield is 5.35.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$0.28 for the current quarter, with a high estimate of -$0.28 and a low estimate of -$0.28, while EPS last year was -$0.27. The consensus estimate for the next quarter is -$0.27, with high estimates of -$0.27 and low estimates of -$0.27.
Analysts are recommending an EPS of between -$1.05 and -$1.05 for the fiscal current year, implying an average EPS of -$1.05. EPS for the following year is -$0.76, with 1 analysts recommending between -$0.76 and -$0.76.
Revenue Estimates
1 analysts predict $371.42M in revenue for the current quarter. It ranges from a high estimate of $371.42M to a low estimate of $371.42M. As of the current estimate, Diversified Healthcare Trust’s year-ago sales were $337.61M, an estimated increase of 10.00% from the year-ago figure.
A total of 1 analysts have provided revenue estimates for DHC’s current fiscal year. The highest revenue estimate was $1.5B, while the lowest revenue estimate was $1.5B, resulting in an average revenue estimate of $1.5B. In the same quarter a year ago, actual revenue was $1.41B, up 6.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1.61B in the next fiscal year. The high estimate is $1.61B and the low estimate is $1.61B. The average revenue growth estimate for next year is up 7.20% from the average revenue estimate for this year.
