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Diversified Healthcare Trust (DHC) Looks Ready for Growth Despite 12.37% Change This Year

Diversified Healthcare Trust (NASDAQ: DHC) is 12.37% higher on its value in year-to-date trading and has touched a low of $0.61 and a high of $3.28 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DHC stock was last observed hovering at around $0.78 in the last trading session, with the day’s loss setting it -0.05% off its average median price target of $1.00 for the next 12 months. It is also 83.78% off the consensus price target high of $4.50 offered by 4 analysts, but current levels are 8.75% higher than the price target low of $0.80 for the same period.

Currently trading at $0.73, the stock is 0.54% and -14.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.25 million and changing -6.50% at the moment leaves the stock -52.76% off its SMA200. DHC registered -75.85% loss for a year compared to 6-month loss of -60.28%.

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The stock witnessed a 13.56% gain in the last 1 month and extending the period to 3 months gives it a -32.07%, and is 0.43% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.71% over the week and 7.69% over the month.

Diversified Healthcare Trust (DHC) has around 600 employees, a market worth around $166.53M and $1.28B in sales. Current P/E ratio is 0.42. Profit margin for the company is 32.30%. Distance from 52-week low is 19.15% and -77.84% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.60%).

Diversified Healthcare Trust (DHC) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Diversified Healthcare Trust (DHC) is a “Hold”. 4 analysts offering their recommendations for the stock have an average rating of 3.20, where 1 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

Diversified Healthcare Trust is expected to release its quarterly report on 05/04/2023.The EPS is expected to grow by 225.00% this year.

Diversified Healthcare Trust (DHC) Top Institutional Holders

The shares outstanding are 238.34M, and float is at 236.44M with Short Float at 2.51%.

Diversified Healthcare Trust (DHC) Insider Activity

A total of 4 insider transactions have happened at Diversified Healthcare Trust (DHC) in the last six months, with sales accounting for 2 and purchases happening 2 times.

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