Latest news with #DiversifiedHealthcareTrust
Yahoo
03-06-2025
- 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
Business Wire
20-05-2025
- Business
- Business Wire
Diversified Healthcare Trust to Present at Nareit's REITweek 2025 Investor Conference on Tuesday, June 3 rd
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 2025 Investor Conference in New York, NY on Tuesday, June 3, 2025 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 Participants wanting to access the webcast should visit the company's website about 15 minutes before the start of the presentation. 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 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.
Yahoo
07-04-2025
- Business
- Yahoo
Diversified Healthcare Trust First Quarter 2025 Conference Call Scheduled for Tuesday, May 6th
NEWTON, Mass., April 07, 2025--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its first quarter 2025 financial results after the Nasdaq closes on Monday, May 5, 2025. On Tuesday, May 6, 2025 at 10:00 a.m. Eastern Time, President and Chief Executive Officer Christopher Bilotto, Chief Financial Officer and Treasurer Matthew Brown and Vice President Anthony Paula will host a conference call to discuss these results. The conference call telephone number is (877) 329-4297. Participants calling from outside the United States and Canada should dial (412) 317-5435. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start of the call. A replay of the conference call will be available through 11:59 p.m. Eastern Time on Tuesday, May 13, 2025. To hear the replay, dial (877) 344-7529. The replay pass code is 5678342. A live audio webcast of the conference call will also be available in a listen-only mode on the company's website, which is located at Participants wanting to access the webcast should visit the company's website about five minutes before the call. The archived webcast will be available for replay on the company's website after the call. 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 December 31, 2024, DHC's approximately $7.2 billion portfolio included 367 properties in 36 states and Washington, D.C., occupied by approximately 450 tenants, and totaling approximately 8.0 million square feet of medical office and life science properties and more than 27,000 senior living units. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $40 billion in assets under management as of December 31, 2024 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 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
