The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3.89%) and small caps (-4.62%) were deeper in the red. 72.90% of REIT securities had a negative total return in October.
Diversified Healthcare Trust's stock underperforms due to liquidity issues, with medical office properties dragging down earnings despite senior living segment support. Third-quarter revenue rose, but higher expenses and interest costs led to a significant net loss and declining shareholder equity. The company improved operating cash flow but still burns free cash flow and faces substantial deb...
Diversified Healthcare Trust (NASDAQ:DHC ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Melissa McCarthy - Manager, IR Chris Bilotto - President & CEO Matthew Brown - CFO Conference Call Participants Bryan Maher - B. Riley FBR Justin Haasbeek - RBC Capital Markets Operator Good morning, and welcome to the Diversified Healthcare Trust Third Quarter 2024 Earn...
Diversified Healthcare Trust's (DHC) reported Q3-2024 results and the stock tanked. Despite improvements in the SHOP segment, DHC struggles with high debt and poor cash flow visibility. We examine the different bonds one can consider in lieu of the common shares.
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Reports section of DHC's website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. A conference call to discuss DHC's third quarter 2024 financial results will be held on Tu...
Unlike in traditional office, healthcare requires in-office interactions, which reduces the risk of ‘work from home'. Outpatient services are taking market share from inpatient (hospital) settings due to better costs and, in some cases, outcomes. America's rapidly aging population is a tailwind for all healthcare real estate.
REITs achieved their 5th straight month in the black with a +3.09% average total return in September and +9.61% year to date. Mid-cap (+5.01%), large cap (+3.41%) and small cap REITs (+2.59%) averaged solid gains in September. Micro caps (-0.42%) again averaged a negative total return. 72.3% of REIT securities had a positive total return in September.
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per share per year). This distribution will be paid to DHC's common shareholders of record as of the close of business on October 28, 2024 and distributed on or about November 14, 2024. About Diversified Healthcare...
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