Diversified Healthcare Trust (DHC) Stock

Diversified Healthcare Trust (DHC) is a Real Estate stock trading at $8.01 (as of 2026-08-21), with a market capitalization of $1.94B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Diversified Healthcare Trust (DHC) is a real estate investment trust that holds healthcare-focused real estate assets, including medical office and life science properties, senior living communities, and wellness centers across the United States. The trust is managed by the operating subsidiary of The RMR Group Inc.

Understand Diversified Healthcare Trust: how it makes money

Diversified Healthcare Trust (DHC) is a REIT that owns medical office and life science properties, senior living communities, and wellness centers in the United States, and it makes money through net operating income generated by its properties.

DHC's profit model is driven by property-level net operating income, and the quarter's results are shaped by capital improvements (which raise spending) and the timing of SHOP property sales (which contribute revenue).

Business quality (Weak): Limited segment revenue visibility here, but the available disclosures highlight how property-level spending (capital improvements and capital expenditures) and SHOP property sales affect quarterly operating performance.

Bull case

  • Capital improvements tied to the Shop Segment: The company reports Capital Improvements Within the Shop Segment of 0.04 USD_B, alongside a listed Cash Basis Net Operating Income Increase from the Shop Segment of 0.02 USD_B, suggesting improvements are expected to support underlying performance.
  • Revenue contribution from property sales in the Shop Segment: The company reports Revenue at MOB and Life Science or Other SHOP Properties Sold (Period) of 0.03 USD_B, indicating an additional source of quarterly revenue tied to asset sales.

Bear case

  • Operating losses at the company level: The latest period shows operating margin of -11.7%, which is consistent with the business not generating positive operating profitability in that period.
  • Spending requirements can pressure results: The company reports both Capital Improvements Within the Shop Segment (0.04 USD_B) and Capital Expenditures in the Office Portfolio Segment (0.02 USD_B), which can weigh on operating performance depending on timing and outcomes.
  • Dependence on timing of asset sales for revenue: Because revenue tied to SHOP property sales is reported (0.03 USD_B), fluctuations in the timing and volume of sales can create uneven quarterly revenue.
Valuation — source: SEC EDGAR (first-party)
Price$8.01
Market Cap$1.94B
Price / Book1.23
Price / Sales1.30
DCF Value (model)$6.88
DCF Upside vs Price-14.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.54B
Net Margin-18.6%
Revenue Growth (YoY)2.8%
EPS Growth (YoY)-23.2%
Valuation vs Sector & Industry
Sector P/E (Real Estate)27.2
Industry P/E (Trading)35.3
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($158.55M)
Institutional Holders Tracked10
Company
SectorReal Estate
IndustryTrading
CEOChristopher J. Bilotto
Employees600
CountryUS
IPO Date2000-02-23

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DHC earnings history · DHC institutional & insider holders · DHC KPIs & operating metrics · DHC financials · DHC investor presentations & press releases · DHC SEC filings · DHC peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.