DHC

Interested in The RMR Group Inc.? Here are five stocks we like better. The RMR Group said fiscal Q2 2026 results came in at or above the high end of guidance, with distributable earnings of $0.44 per share and Adjusted EBITDA of $18.5 million. Management also said the company earned $23.6 million in incentive fees for 2025 and expects more incentive fees this year. RMR highlighted progress at its managed REITs, including stronger operating trends at Diversified Healthcare Trust, a major deleveraging move at Service Properties Trust, and better-than-expected results and refinancing at Industrial Logistics Properties Trust. Office Properties Income Trust also received court approval for its reorganization plan and is expected to emerge from bankruptcy by the end of the quarter. The company said its private capital platform has grown to nearly $12 billion in assets under management, even as fundraising remains challenged by geopolitical uncertainty. RMR also entered the Greenwich multifamily market with a roughly $350 million acquisition, and management guided for Q3 distributable earnings of $0.48 to $0.50 per share. The RMR Group (NASDAQ:RMR) reported fiscal second-quarter 2026 results at or above the high end of its outlook, as management highlighted incentive fees from managed REITs, ongoing private capital fundraising efforts and recent balance sheet investments. President and CEO Adam Portnoy said RMR generated distributable earnings of $0.44 per share and Adjusted EBITDA of $18.5 million for the quarter. He said the results came “despite operating in what remains an unsettled economic environment,” citing market volatility and geopolitical uncertainty. → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% RMR earned $23.6 million of incentive fees for 2025, and Portnoy said the company is on track to earn incentive fees again this year, with both Diversified Healthcare Trust and Industrial Logistics Properties Trust accruing incentive fees during the quarter. Portnoy reviewed several developments across RMR’s managed REITs, saying the company has been active in executing clients’ strategic initiatives. → Light Speed Returns: Corning Cashes In on NVIDIA Growth At Diversified Healthcare Trust, or DHC, Portnoy said the company has focused on improving senior housing operating performance after transitioning 116 senior living communities to new...

NEWTON, Mass., May 04, 2026--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended March 31, 2026, 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 first quarter 2026 financial results will be held on Tuesday, May 5, 2026 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-4297 or (412) 317-5435 (if calling from outside the United States and Canada); a pass code is not required. A replay will be available for one week by dialing (855) 669-9658; the replay pass code is 1482489. A live audio webcast of the conference call will also be available in a listen-only mode on DHC's website, at www.dhcreit.com. The archived webcast will be available for replay on DHC's website after the call. The transcription, recording and retransmission in any way of DHC's first quarter conference call are strictly prohibited without the prior written consent of DHC. 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, 2026, DHC’s approximately $6.2 billion portfolio included 285 properties in 33 states and Washington, D.C., with 23,901 senior living units, approximately 5.6 million square feet of medical office and life science properties and occupied by approximately 250 tenants. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management as of March 31, 2026 and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA. For more information, visit www.dhcreit.com. 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20260504286881/en/ Contacts Bryan Maher, Seni...

Operational outperformance: DHC reported Q1 Normalized FFO of $33.1M ($0.14/share) and Adjusted EBITDAre of $74M, both above consensus, with same-property SHOP NOI up 13.5% YoY as occupancy reached 82.4% and average monthly rates rose roughly 5.9%. Expense controls and new operator partnerships drove meaningful savings—dietary costs fell 370 basis points sequentially, contract labor was down nearly 35% YoY, and labor costs declined about 70 basis points sequentially—supporting margin expansion. Balance-sheet and capital priorities: liquidity totaled $272M (cash $122M, $150M revolver), net debt/Adjusted EBITDAre improved to 7.8x, Moody’s upgraded to B3 with a positive outlook and no maturities until 2028, management reaffirmed 2026 guidance and is focusing on accretive conversions (phase one ~$20M to add ~150 units) to target mid‑teen returns and a 6.5–7.5x leverage goal. Interested in Diversified Healthcare Trust? Here are five stocks we like better. Diversified Healthcare Trust (NASDAQ:DHC) reported first-quarter 2026 results that management said reflected improving operating performance following strategic changes made in its senior housing operating portfolio last year, alongside continued progress on balance sheet initiatives. President and CEO Christopher Bilotto said the company “delivered a strong first quarter” that highlighted the impact of “active asset management and the deep expertise of our expanded operating partners.” He said changes made within the company’s SHOP (senior housing operating portfolio) in 2025 continued to produce results, with a focus on “driving revenue, expense synergies, and overall margin improvement.” → Roblox Stock Slides to New Low as Safety Changes Weigh on Outlook DHC reported Normalized funds from operations (FFO) of $33.1 million, or $0.14 per share, and Adjusted EBITDAre of $74 million. Bilotto said both were “well ahead of the analyst consensus estimate.” Consolidated net operating income (NOI) rose 4.7% year over year to $75.9 million. The company’s same-property SHOP portfolio posted NOI of $44.3 million, up 13.5% year over year. Bilotto attributed the improvement to same-property occupancy growth of 110 basis points and average monthly rate growth of 5.9%. He also said same-property NOI margin expanded 160 basis points to 14.9%, with occupancy at 82.4%. → The Real SpaceX Play: 5 Chip Stocks Powering the IPO Befo...

NEWTON, Mass. (AP) — NEWTON, Mass. (AP) — Diversified Healthcare Trust (DHC) on Monday reported a key measure of profitability in its first quarter. The real estate investment trust, based in Newton, Massachusetts, said it had funds from operations of $33.1 million, or 14 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had a loss of $43.3 million, or 18 cents per share. The residential care real estate investment trust, based in Newton, Massachusetts, posted revenue of $366.5 million in the period. Diversified Healthcare expects full-year funds from operations in the range of 52 cents to 58 cents per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DHC at https://www.zacks.com/ap/DHC

Management attributes the 13.5% year-over-year SHOP NOI growth to the successful transition of operating partners and active asset management focused on revenue and expense synergies. Operational improvements were driven by a 5.9% increase in average monthly rates and a 160 basis point expansion in SHOP NOI margins to 14.9%. Expense discipline is being realized through new dietary and food service contracts and a 35% year-over-year reduction in contract labor costs. The company is pivoting from portfolio transformation to organic value creation, specifically targeting the conversion of underutilized skilled nursing wings into higher-acuity senior housing units. Medical Office and Life Science performance remains stable with 95.3% occupancy and healthy leasing spreads of 12% above prior rents. Management believes the historically low supply pipeline for senior housing combined with aging demographics provides a significant long-term tailwind for the portfolio. Full-year 2026 guidance assumes SHOP NOI between $175 million and $185 million, supported by an expected 300 basis point year-over-year occupancy increase. The company plans to invest approximately $20 million in an initial phase of 6 ROI projects, adding 150 units with expected mid-teen returns upon completion. Management expects to reach a near-term leverage target of 6.5x to 7.5x net debt to adjusted EBITDAre, primarily driven by continued SHOP NOI growth. Guidance for 2026 recurring CapEx is set at $100 million to $115 million, representing an 18% reduction from previous levels as deferred maintenance needs subside. The company anticipates seasonal expense fluctuations in Q3 followed by a ramp in performance in Q4 to meet annual targets. Moody's upgraded DHC's corporate family rating to B3 from Caa1 in April, citing improved operating performance and a strengthened balance sheet. The company has no debt maturities until 2028 and maintains 197 unencumbered properties, providing significant financial flexibility. First quarter G&A included $6.6 million in incentive management fees due to DHC's significant stock price appreciation and total shareholder returns. Management noted that adjusting for $2.7 million in insurance proceeds received in Q1 2025, SHOP same-property NOI would have increased 22% year-over-year. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us ho...

NEWTON, Mass., April 09, 2026--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced a regular quarterly cash distribution on its common shares of $0.01 per 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 April 21, 2026 and distributed on or about May 14, 2026. About Diversified Healthcare Trust: DHC is a real estate investment trust, or REIT, 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, 2025, DHC’s approximately $6.3 billion portfolio included 298 properties in 33 states and Washington, D.C., with approximately 25,000 senior living units, approximately 5.6 million square feet of medical office and life science properties and occupied by approximately 290 tenants. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management as of December 31, 2025 and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA. For more information, visit www.dhcreit.com. WARNING CONCERNING FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based upon DHC’s present intent, beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond DHC’s control. For example, this press release states that DHC’s regular quarterly cash distribution rate is $0.01 per share per quarter or $0.04 per share per year. A possible implication of this statement is that DHC will continue to pay quarterly distributions of $0.01 per share per quarter or $0.04 per share per year in the future. DHC’s distribution rate may be set and reset from time to time by DHC’s Board of Trustees. DHC’s Board of Trustees considers many factors when setting or resetting DHC’s distribution rate, including DHC’s funds from operations and n...

NEWTON, Mass., April 06, 2026--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its first quarter 2026 financial results after the Nasdaq closes on Monday, May 4, 2026. On Tuesday, May 5, 2026 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 12, 2026. To hear the replay, dial (855) 669-9658. The replay pass code is 1482489. 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 www.dhcreit.com. 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, or REIT, 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, 2025, DHC’s approximately $6.3 billion portfolio included 298 properties in 33 states and Washington, D.C., with approximately 25,000 senior living units, approximately 5.6 million square feet of medical office and life science properties and occupied by approximately 290 tenants. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management as of December 31, 2025 and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA. For more information, visit www.dhcreit.com. A Maryland Real Estate Investment Trust with transferable shares...

Operational recovery: SHOP performance improved materially in 2025 with same-property occupancy rising to 82.4%, SHOP NOI up 27.6% YoY (full-year SHOP NOI $139.3M), and Q4 same-property cash NOI up 15.4% year-over-year. Balance-sheet repair: Management executed >$1.4B of capital markets activity and ~$605M of dispositions (69 properties), used proceeds to retire 2026 bonds, left the company with ~ $255M liquidity and no debt maturities until 2028, and cut net debt/adjusted EBITDAre to 8.1x from 11.2x. 2026 outlook: DHC guided SHOP NOI of $175–185M, adjusted EBITDAre of $290–305M and normalized FFO of $0.52–0.58 per share, expecting stronger free cash flow and a near‑term leverage target of 6.5x–7.5x with interest coverage headed to ≥2x by year-end 2026. Interested in Diversified Healthcare Trust? Here are five stocks we like better. Diversified Healthcare Trust (NASDAQ:DHC) outlined what management described as a “very busy and successful” 2025 and provided 2026 guidance on its latest earnings call, emphasizing improving senior housing performance, reduced leverage, and a largely completed disposition program. The company said it ended 2025 as the best performing U.S. REIT based on share price appreciation and total shareholder return, after executing on financing, asset sales, and operational initiatives. For the fourth quarter, DHC reported total revenue of $379.6 million, adjusted EBITDAre of $72.4 million, and normalized funds from operations (FFO) of $21.8 million, or $0.09 per share. SHOP (senior housing operating portfolio) net operating income (NOI) rose 27.6% year-over-year to $38.3 million. → Hinge Health’s AI Moat Might Be Its Patient Movement Data Management said full-year consolidated NOI grew 31.3% in 2025, supported by a major operational shift: the wind down of AlerisLife and the transition of 116 communities, representing more than 17,000 units, to seven regional operators. DHC also completed renovations at more than 30 communities during the year. For full-year 2025, management reported: SHOP NOI of $139.3 million, toward the high end of guidance Medical office and life science NOI of $108.1 million, slightly above the midpoint of guidance Triple-net lease senior living communities and wellness centers NOI of $31.1 million, exceeding guidance → Gold and Silver Pulled Back—Here’s Why the Bull Case Is Intact DHC said SHOP results were driven...

Completed a comprehensive wind-down of AlerisLife, transitioning 116 senior housing communities to seven regionally focused operators to leverage local expertise. Achieved 31.3% consolidated NOI growth in 2025, driven by a 230 basis point expansion in SHOP margins and a 5.8% increase in average monthly rates. Executed $1.4 billion in capital markets activity, reducing leverage by over three turns and clearing all debt maturities until 2028. Substantially concluded a large-scale disposition program after selling 69 properties for $605 million to focus on core portfolio performance. Shifted strategy toward organic value creation through advanced CRM platforms, dynamic pricing, and differentiated care levels to capture unmet market demand. Capitalized on favorable demographic trends and muted new supply to drive SHOP occupancy, which reached 82.4% on a same-property basis. Projecting 2026 SHOP NOI between $175 million and $185 million, assuming approximately 300 basis points of average occupancy growth year-over-year. Anticipating a 4% to 6% rate growth range, primarily driven by legacy Aleris properties and outsized pushes at the beginning of the year. Planning a new ROI initiative to renovate closed skilled nursing wings into memory care units, potentially adding 500 units with mid-teens returns. Expecting recurring capital expenditures to decrease by over 18% at the midpoint to a range of $100 million to $115 million as portfolio upgrades stabilize. Targeting further leverage reduction to a range of 6.5x to 7.5x net debt to adjusted EBITDAre through operational NOI growth. Medical Office and Life Science NOI is expected to decline in 2026 due to the sale of 31 properties that contributed $12.3 million in 2025. Identified 3.9% of annualized revenue in the Medical Office portfolio expected to vacate in 2026, including two large single-tenant buildings. Recognized a $17.9 million management incentive fee in 2025, reflecting the company's 113% total shareholder return during the year. The transition of 116 communities created 'noisy' quarterly results, though management expects incremental benefits as new operators integrate business models. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management identified approximately 15 locations for wing repositioning...

This article first appeared on GuruFocus. Release Date: February 24, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Diversified Healthcare Trust (NASDAQ:DHC) reported a strong fourth quarter with total revenue of $379.6 million and adjusted EBITDA of $72.4 million. The company completed over $1.4 billion in capital markets activity, including financing, asset sales, and establishing a $150 million undrawn credit facility. DHC achieved a full-year consolidated NOI growth of 31.3% and reduced leverage by over three terms with no debt maturities until 2028. The senior housing portfolio saw a 90 basis point increase in same property occupancy and a 5.8% increase in average monthly rates. DHC's medical office and life science portfolio saw a 460 basis point increase in consolidated occupancy and a 7.9% increase in weighted average rents for new leases. The transition of 116 shop communities to new operators caused some operational noise during the quarter. DHC's medical office and life science segment is expected to see a decline in NOI due to the sale of 31 properties. The company has a significant portion of leases expiring in 2026, which could impact future revenue if not renewed. Despite strong performance, there are no immediate plans to address dividend increases. The company is still trailing benchmarks in occupancy and margins, indicating room for improvement. Warning! GuruFocus has detected 7 Warning Signs with DHC. Is DHC fairly valued? Test your thesis with our free DCF calculator. Q: How should we think about the go-forward strategy from here, particularly regarding reopening wings at existing communities? A: Chris Flato, President and CEO, explained that the main strategy is to unlock value through operational growth. They have identified approximately 15 locations for potential expansion, adding around 500 units with mid-teens ROI. The cost per unit is estimated between $125,000 to $175,000. This strategy will unfold over time, not all in 2026. Q: Will external investments focus on renovations, and how does this compare to acquisitions? A: Chris Flato noted that renovations offer a better risk-adjusted return, especially when introducing new care levels like memory care. While acquisitions are not ruled out, the focus remains on leveraging existing opportunities. Future acquisitions might be...

Provides Full Year 2026 Financial Guidance NEWTON, Mass., February 23, 2026--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended December 31, 2025 and provided full year 2026 financial guidance, 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 fourth quarter 2025 financial results will be held on Tuesday, February 24, 2026 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-4297 or (412) 317-5435 (if calling from outside the United States and Canada); a pass code is not required. A replay will be available for one week by dialing (855) 669-9658; the replay pass code is 7932578. A live audio webcast of the conference call will also be available in a listen-only mode on DHC's website, at www.dhcreit.com. The archived webcast will be available for replay on DHC's website after the call. The transcription, recording and retransmission in any way of DHC's fourth quarter conference call are strictly prohibited without the prior written consent of DHC. 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, 2025, DHC’s approximately $6.3 billion portfolio included 298 properties in 33 states and Washington, D.C., with approximately 25,000 senior living units, approximately 5.6 million square feet of medical office and life science properties and occupied by approximately 290 tenants. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management as of December 31, 2025 and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA. For more information, visit www.dhcreit.com. 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....