In last trading session, Diversified Healthcare Trust (NASDAQ:DHC) saw 949,758 shares changing hands with its beta currently measuring 0.79. Company’s recent per share price level of $3.83 trading at -$0.13 or -3.4% at ring of the bell on the day assigns it a market valuation of $911.35 Million. That closing price of DHC’s stock is at a discount of -166.58% from its 52-week high price of $10.21 and is indicating a premium of 47.78% from its 52-week low price of $2. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.56 Million shares which gives us an average trading volume of 1.58 Million if we extend that period to 3-months.
For Diversified Healthcare Trust (DHC), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.1. Splitting up the data highlights that, out of 8 analysts covering the stock, 1 rated the stock as a Sell while none recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 1 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.15 in the current quarter.
Diversified Healthcare Trust (NASDAQ:DHC) trade information
In the face of being in the red today for losing -3.4%, in the last five days DHC remained trading in the green while hitting it’s week-highest on Tuesday, Sep 15 when the stock touched $4.09-6 price level, adding 6.36% to its value on the day. Diversified Healthcare Trust’s shares saw a change of -54.62% in year-to-date performance and have moved -0.78% in past 5-day. Diversified Healthcare Trust (NASDAQ:DHC) showed a performance of -7.49% in past 30-days. Number of shares sold short was 15.32 Million shares which calculate 9.7 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $3.9 to the stock, which implies a rise of 1.83% to its current value. Analysts have been projecting $2.75 as a low price target for the stock while placing it at a high target of $7. It follows that stock’s current price would jump +82.77% in reaching the projected high whereas dropping to the targeted low would mean a loss of -28.2% for stock’s current value.
Diversified Healthcare Trust (DHC) estimates and forecasts
Statistics highlight that Diversified Healthcare Trust is scoring comparatively lower than the scores of other players of the relevant industry. The company added +80.66% of value to its shares in past 6 months, showing an annual growth rate of -41.98% while that of industry is -4.5. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -25% in the current quarter and calculating 36.4% increase in the next quarter. This year revenue growth is estimated to rise 59.4% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $402.95 Million for the same. And 7 analysts are in estimates of company making revenue of $400.76 Million in the next quarter that will end in December 01, 2020. Company posted $255.83 Million and $256.04 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 57.5% while estimating it to be 56.5% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -19.7% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -130.7% while estimates for its earnings growth in next 5 years are of 3.2%
Diversified Healthcare Trust is more likely to be releasing its next quarterly report between November 05 and November 09, 2020, and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.01%, the share has a forward dividend of 0.04 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 9.89%.
Diversified Healthcare Trust (NASDAQ:DHC)’s Major holders
Insiders are in possession of 1.29% of company’s total shares while institution are holding 71.38% percent of that, with stock having share float percentage of 72.31%. Investors also watch the number of corporate investors in a company very closely, which is 334 institutions for Diversified Healthcare Trust that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at DHC for having 38.62 Million shares of worth $170.89 Million. And as of June 29, 2020, it was holding 16.23% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 38.12 Million shares on June 29, 2020. The number of shares represents firm’s hold over 16.02% of outstanding shares, having a total worth of $168.67 Million.
On the other hand, iShares Core S&P Smallcap ETF and Vanguard Specialized-Real Estate Index Fund are the top two Mutual Funds which own company’s shares. As of June 29, 2020, the former fund manager was holding 11343299 shares of worth $50.19 Million or 4.77% of the total outstanding shares. The later fund manager was in possession of 10.88 Million shares on April 29, 2020, making its stake of worth around $33.83 Million in the company or a holder of 4.57% of company’s stock.