Diversified Healthcare Trust (NASDAQ:DHC) has a beta value of 2.27 and has seen 6.28 million shares traded in the last trading session. The company, currently valued at $680.82M, closed the last trade at $2.83 per share which meant it lost -$0.69 on the day or -19.60% during that session. The DHC stock price is -49.82% off its 52-week high price of $4.24 and 31.45% above the 52-week low of $1.94. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.79 million shares traded. The 3-month trading volume is 897.91K shares.
The consensus among analysts is that Diversified Healthcare Trust (DHC) is Strong Sell stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Diversified Healthcare Trust (NASDAQ:DHC) trade information
Sporting -19.60% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the DHC stock price touched $2.83 or saw a rise of 23.72%. Year-to-date, Diversified Healthcare Trust shares have moved -24.33%, while the 5-day performance has seen it change -21.17%. Over the past 30 days, the shares of Diversified Healthcare Trust (NASDAQ:DHC) have changed -24.33%. Short interest in the company has seen 6.58 million shares shorted with days to cover at 4.9.
Wall Street analysts have a consensus price target for the stock at $6, which means that the shares’ value could jump 52.83% from current levels. The projected low price target is $6.0 while the price target rests at a high of $6.0. In that case, then, we find that the current price level is -112.01% off the targeted high while a plunge would see the stock gain -112.01% from current levels.
Diversified Healthcare Trust (DHC) estimates and forecasts
Figures show that Diversified Healthcare Trust shares have outperformed across the wider relevant industry. The company’s shares have gained 22.51% over the past 6 months, with this year growth rate of 17.65%, compared to -2.90% for the industry. Revenue growth from the last financial year stood is estimated to be 7.10%.
3 analysts offering their estimates for the company have set an average revenue estimate of 380.17M for the current quarter. 3 have an estimated revenue figure of 388.34M for the next ending quarter.
DHC Dividends
Diversified Healthcare Trust is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.04 at a share yield of 1.41%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.72%.
Diversified Healthcare Trust (NASDAQ:DHC)’s Major holders
Insiders own 10.26% of the company shares, while shares held by institutions stand at 74.36% with a share float percentage of 82.86%. Investors are also buoyed by the number of investors in a company, with Diversified Healthcare Trust having a total of 260.0 institutions that hold shares in the company. The top two institutional holders are FLAT FOOTED LLC with over 23.49 million shares worth more than $71.64 million. As of 2024-06-30, FLAT FOOTED LLC held 9.8193% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 19.72 million shares as of 2024-06-30. The firm’s total holdings are worth over $60.15 million and represent 8.245% of shares outstanding.
