Latest news with #DHC
Yahoo
6 days ago
- Business
- Yahoo
Are Investors Undervaluing Diversified Healthcare Trust (DHC) Right Now?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. Diversified Healthcare Trust (DHC) is a stock many investors are watching right now. DHC is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with a P/E ratio of 7.44, which compares to its industry's average of 15.66. Over the past year, DHC's Forward P/E has been as high as 45.38 and as low as 5.77, with a median of 8.07. Finally, investors should note that DHC has a P/CF ratio of 7.91. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 15.45. Within the past 12 months, DHC's P/CF has been as high as 37.22 and as low as -238.41, with a median of -49.57. These are only a few of the key metrics included in Diversified Healthcare Trust's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, DHC looks like an impressive value stock at the moment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Diversified Healthcare Trust (DHC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Wire
02-06-2025
- Business
- Business Wire
Diversified Healthcare Trust Closes $94 Million of Mortgage Financings Secured by Six SHOP Communities
NEWTON, Mass.--(BUSINESS WIRE)-- Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has closed two fixed rate mortgage financings totaling $94.3 million, secured by six senior housing communities managed by Five Star Senior Living, the operating division of AlerisLife Inc. The financings consist of a $64.0 million five-year mortgage loan and a $30.3 million ten-year Fannie Mae mortgage loan. Proceeds from these loans, together with cash on hand, will be used to repay the remaining $100.0 million of DHC's 9.75% senior notes due June 2025. The $64.0 million loan bears a fixed interest rate of 6.57% and is secured by four communities consisting of 1,079 units with an appraised value per unit of approximately $171,000. The Fannie Mae loan bears a fixed interest rate of 6.36%, is interest only for the first three years, and is secured by two communities consisting of 465 units with an appraised value of approximately $142,000 per unit. Based on the 2024 NOI of the six collateral communities, the appraised value reflects an implied cap rate of 5.8%, or approximately $162,000 per unit. Since March 2025, DHC has closed on an aggregate of $343.0 million of mortgage financings secured by 27 SHOP communities. On a combined basis, these financings reflect an average per unit valuation of approximately $174,000 and a weighted average interest rate of 6.55%. Matt Brown, Chief Financial Officer and Treasurer of DHC, made the following statement: 'Now that we have completed the financings to repay our 2025 notes with attractive valuations for the collateral assets, we are turning our attention to paying off the balance of our 2026 note. We plan to address this maturity with proceeds from a combination of $330.0 million to $380.0 million of asset sales, and new financings.' 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, 2025, DHC's approximately $6.8 billion portfolio included 343 properties in 34 states and Washington, D.C., with more than 26,000 senior living units, approximately 7.6 million square feet of medical office and life science properties and occupied by approximately 450 tenants. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $40 billion in assets under management as of March 31, 2025 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA. For more information, visit 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', '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, DHC believes it should be able to pay off the balance of its senior secured notes due 2026 by the end of 2025 through additional asset sales and new financings. However, DHC may not be able to sell additional assets or execute on new financings on the timelines or terms it expects or at all. As a result, DHC may not be able to pay off the balance of its senior secured notes due 2026 by the end of 2025. 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 SEC, including under the caption 'Risk Factors' in DHC's periodic reports, or incorporated therein, identifies other important factors that could cause differences from DHC's forward-looking statements. DHC's filings with the SEC are available on the SEC's website at 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.
Yahoo
02-06-2025
- Business
- Yahoo
Diversified Healthcare Trust Closes $94 Million of Mortgage Financings Secured by Six SHOP Communities
Financing Proceeds and Cash on Hand Will Repay in Full the Remaining Outstanding June 2025 Senior Notes NEWTON, Mass., June 02, 2025--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has closed two fixed rate mortgage financings totaling $94.3 million, secured by six senior housing communities managed by Five Star Senior Living, the operating division of AlerisLife Inc. The financings consist of a $64.0 million five-year mortgage loan and a $30.3 million ten-year Fannie Mae mortgage loan. Proceeds from these loans, together with cash on hand, will be used to repay the remaining $100.0 million of DHC's 9.75% senior notes due June 2025. The $64.0 million loan bears a fixed interest rate of 6.57% and is secured by four communities consisting of 1,079 units with an appraised value per unit of approximately $171,000. The Fannie Mae loan bears a fixed interest rate of 6.36%, is interest only for the first three years, and is secured by two communities consisting of 465 units with an appraised value of approximately $142,000 per unit. Based on the 2024 NOI of the six collateral communities, the appraised value reflects an implied cap rate of 5.8%, or approximately $162,000 per unit. Since March 2025, DHC has closed on an aggregate of $343.0 million of mortgage financings secured by 27 SHOP communities. On a combined basis, these financings reflect an average per unit valuation of approximately $174,000 and a weighted average interest rate of 6.55%. Matt Brown, Chief Financial Officer and Treasurer of DHC, made the following statement: "Now that we have completed the financings to repay our 2025 notes with attractive valuations for the collateral assets, we are turning our attention to paying off the balance of our 2026 note. We plan to address this maturity with proceeds from a combination of $330.0 million to $380.0 million of asset sales, and new financings." 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, 2025, DHC's approximately $6.8 billion portfolio included 343 properties in 34 states and Washington, D.C., with more than 26,000 senior living units, approximately 7.6 million square feet of medical office and life science properties and occupied by approximately 450 tenants. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $40 billion in assets under management as of March 31, 2025 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA. For more information, visit 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", "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, DHC believes it should be able to pay off the balance of its senior secured notes due 2026 by the end of 2025 through additional asset sales and new financings. However, DHC may not be able to sell additional assets or execute on new financings on the timelines or terms it expects or at all. As a result, DHC may not be able to pay off the balance of its senior secured notes due 2026 by the end of 2025. 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 SEC, including under the caption "Risk Factors" in DHC's periodic reports, or incorporated therein, identifies other important factors that could cause differences from DHC's forward-looking statements. DHC's filings with the SEC are available on the SEC's website at 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 shareholder, Trustee or officer is personally liable for any act or obligation of the Trust. View source version on Contacts Bryan Maher, Senior Vice President(617) 796-8234
Hamilton Spectator
23-05-2025
- Business
- Hamilton Spectator
De Havilland Canada announces the expansion of its presence in Greece
ATHENS, Greece, May 23, 2025 (GLOBE NEWSWIRE) — De Havilland Aircraft of Canada Limited ('De Havilland Canada') is pleased to announce the launch of De Havilland Aircraft of Canada Hellas Ltd., its new wholly-owned subsidiary in Greece, further strengthening our commitment to providing exceptional customer support to our valued customers in the region. This expansion also reflects De Havilland Canada's deep confidence in the Greek market and its strong cooperation with the Greek government and the relevant aviation authorities. De Havilland Canada Hellas will also function as a strategic base for DHC's regional operations, providing closer proximity and more responsive support to operators of De Havilland Canada's Waterbomber aircraft across Greece. This expansion underscores De Havilland Canada's ongoing commitment to strengthening its global customer support network and ensuring the highest levels of operational efficiency and customer success. It also reinforces the company's long-term dedication to its customers and DHC's commitment to operators in Greece to best support their operations for decades to come. 'We are proud to establish a regional presence in Greece, a country with a strong aviation tradition. This announcement reinforces our commitment to operators in this important market,' said Jean-Philippe Côté, Vice President, Programs and Business Improvement at De Havilland Canada. 'This investment will allow us to better address the specific needs of our customers in the region, delivering faster response times, improved parts availability, and personalized support.' Marking a key step forward in their collaboration, Mr. Côté is visiting Athens this week for high-level talks with Greek government officials. Joined by Canada's Ambassador to Greece, Anna-Karine Asselin, he is meeting with Deputy Minister for Civil Protection Evangelos Tournas and Alternate Minister of National Economy and Finance Nikos Papathanasis. The visit aims to deepen the growing partnership and identify new opportunities for future cooperation. About De Havilland Aircraft of Canada Limited With more than 5,000 aircraft delivered, De Havilland Aircraft of Canada Limited (De Havilland Canada) is well established across the globe and our talented team of aviation professionals is dedicated to advancing our near-100-year reputation for excellence in innovation, production, and customer support. Our aircraft operate reliably in some of the world's harshest climates and provide vital connections between rural communities and urban centres – transporting essential cargo and millions of passengers annually. Our aircraft also support a wide variety of special mission operations including aerial firefighting, search and rescue, medical evacuation, reconnaissance, and coastal surveillance. Visit: . For media inquiries or further information, please contact: De Havilland Canada communications@
Yahoo
23-05-2025
- Business
- Yahoo
De Havilland Canada announces the expansion of its presence in Greece
ATHENS, Greece, May 23, 2025 (GLOBE NEWSWIRE) -- De Havilland Aircraft of Canada Limited ('De Havilland Canada') is pleased to announce the launch of De Havilland Aircraft of Canada Hellas Ltd., its new wholly-owned subsidiary in Greece, further strengthening our commitment to providing exceptional customer support to our valued customers in the region. This expansion also reflects De Havilland Canada's deep confidence in the Greek market and its strong cooperation with the Greek government and the relevant aviation authorities. De Havilland Canada Hellas will also function as a strategic base for DHC's regional operations, providing closer proximity and more responsive support to operators of De Havilland Canada's Waterbomber aircraft across Greece. This expansion underscores De Havilland Canada's ongoing commitment to strengthening its global customer support network and ensuring the highest levels of operational efficiency and customer success. It also reinforces the company's long-term dedication to its customers and DHC's commitment to operators in Greece to best support their operations for decades to come. 'We are proud to establish a regional presence in Greece, a country with a strong aviation tradition. This announcement reinforces our commitment to operators in this important market,' said Jean-Philippe Côté, Vice President, Programs and Business Improvement at De Havilland Canada. 'This investment will allow us to better address the specific needs of our customers in the region, delivering faster response times, improved parts availability, and personalized support.' Marking a key step forward in their collaboration, Mr. Côté is visiting Athens this week for high-level talks with Greek government officials. Joined by Canada's Ambassador to Greece, Anna-Karine Asselin, he is meeting with Deputy Minister for Civil Protection Evangelos Tournas and Alternate Minister of National Economy and Finance Nikos Papathanasis. The visit aims to deepen the growing partnership and identify new opportunities for future cooperation. About De Havilland Aircraft of Canada LimitedWith more than 5,000 aircraft delivered, De Havilland Aircraft of Canada Limited (De Havilland Canada) is well established across the globe and our talented team of aviation professionals is dedicated to advancing our near-100-year reputation for excellence in innovation, production, and customer support. Our aircraft operate reliably in some of the world's harshest climates and provide vital connections between rural communities and urban centres – transporting essential cargo and millions of passengers annually. Our aircraft also support a wide variety of special mission operations including aerial firefighting, search and rescue, medical evacuation, reconnaissance, and coastal surveillance. Visit: For media inquiries or further information, please contact:De Havilland Canadacommunications@ in to access your portfolio
