DIVERSIFIED HEALTHCARE TRUST(DHC)Stock Analysis
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Rank #1,962 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
DHC Stock Analysis & AI Quality Score
AI stock analysis and institutional research for DIVERSIFIED HEALTHCARE TRUST (DHC), a Real Estate sector company. 13F Pro's AI-powered ranking engine scores DHC at 39.7/100 on a 32-signal composite quality model, placing it at rank #1,962 of 2,879 stocks — the bottom half of the AI-ranked universe. DHC scores in the top quartile across institutional flow (81.1). Areas of concern include profitability (17.8) and balance sheet strength (20.8), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), DIVERSIFIED HEALTHCARE TRUST reports quarterly revenue of $366.5M, net income of $-43.3M, an operating margin of -11.7%. Top institutional holders of DHC by reported 13-F value include BlackRock,, Flat Footed, Silver Point Capital L.P., based on the most recent SEC filings. DHC trades on the Nasdaq exchange and files with the SEC under CIK 1075415. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DHC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for DIVERSIFIED HEALTHCARE TRUST directly from SEC EDGAR. DIVERSIFIED HEALTHCARE TRUST's 13F Pro composite quality score has ranged between 39 and 40 since 2026, currently 39.7 — a stable long-term trajectory across 8 quarterly and live scoring snapshots.
Revenue
Q1 2026
$366.5M
Net Income
Q1 2026
$-43.3M
Free Cash Flow
Q1 2026
$8.3M
Operating Margin
Q1 2026
-11.7%
D/E Ratio
Q1 2026
1.51
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+9.9% YoYNet Income
-1761.1% YoYOperating Income
EPS (Diluted)
-1657.1% YoYTotal Assets
-9.3% YoYOp. Cash Flow
+126.0% YoY| Metric | FY 2023 | FY 2022 | FY 2021 | FY 2017 | FY 2016 | FY 2014 |
|---|---|---|---|---|---|---|
| Revenue | $1.41B +9.9% | $1.28B -7.2% | $1.38B +28.7% | $1.07B +1.6% | $1.06B +25.2% | $844.9M |
| Net Income | $-293.6M -1761.1% | $-15.8M -109.0% | $174.5M +18.2% | $147.6M +4.5% | $141.3M -10.9% | $158.6M |
| Operating Income | — | — | — | $275.2M -9.2% | $303.1M +4.0% | $291.4M |
| EPS (Diluted) | $-1.23 -1657.1% | $-0.07 -109.6% | $0.73 | — | — | — |
| Total Assets | $5.45B -9.3% | $6.00B -9.4% | $6.62B -9.2% | $7.29B +0.9% | $7.23B +21.6% | $5.94B |
| Operating Cash Flow | $10.5M +126.0% | $-40.4M +36.3% | $-63.3M -115.1% | $419.3M -1.2% | $424.5M +21.0% | $350.9M |
AI Insight: DHC Financial Trends
DHC's equity base has eroded 25% since Q2 2024 while persistent net losses and negative operating cash flows dominate the most recent quarters.
• Equity has declined steadily from $2,149M in Q2 2024 to $1,620M in Q1 2026, a $529M erosion over six quarters.
• Net losses remain chronic, ranging from $-9M to $-164M per quarter, with no quarter achieving profitability across the entire period.
• Operating cash flow turned negative in Q1 2025 ($-3M), Q3 2025 ($-49M), and Q4 2025 ($-20M), signaling deteriorating cash generation.
• Total debt declined from $3,050M in Q4 2024 to $2,443M in Q1 2026, a $607M reduction — the one constructive balance-sheet move.
⚠ Revenue dipped to $366M in Q1 2026, the lowest in the dataset, reversing a prior upward trend from $371M to $389M.
⚠ Operating cash flow has been negative in three of the last four quarters; sustained negative OCF risks accelerating balance-sheet stress.
⚠ With equity shrinking each quarter and net losses continuing, book value dilution trajectory warrants close monitoring.
AI Insight: DHC Ratio Trends
DHC remains deeply unprofitable across all metrics, though Q3 2025's severe -43.4% operating margin trough appears to be stabilizing toward -11.7% in Q1 2026.
• Operating margin hit a trough of -43.4% in Q3 2025 but partially recovered to -11.7% in Q1 2026, still far from breakeven.
• ROIC improved from -40.0% in Q3 2025 to -4.2% in Q1 2026, though the TTM figure of -8.7% signals persistent capital destruction.
• D/E ratio edged down from 1.56 in Q4 2024 to 1.47 in Q4 2025, a modest deleveraging signal.
⚠ Q1 2025's anomalous -2.7% operating margin versus surrounding quarters suggests one-off items distorting the trend — warrants scrutiny.
⚠ ROE has been negative every quarter, reaching -38.9% in Q3 2025; sustained losses risk further equity erosion.
⚠ D/E data gaps across most quarters limit leverage visibility; full disclosure needed to assess balance sheet trajectory.
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Available Research
13F Pro tracks comprehensive data for DIVERSIFIED HEALTHCARE TRUST including:
Top Institutional Holders of DHC
BlackRock, Inc.
$158.6M23,878,687 shFlat Footed LLC
$156.0M23,487,002 shSilver Point Capital L.P.
$103.0M15,504,810 shVANGUARD CAPITAL MANAGEMENT LLC
$63.7M9,599,703 shSTATE STREET CORP
$59.7M8,986,912 shVANGUARD PORTFOLIO MANAGEMENT LLC
$58.6M8,817,820 shNOMURA HOLDINGS INC
$48.7M7,332,272 shGEODE CAPITAL MANAGEMENT, LLC
$43.9M6,608,497 shDAVIDSON KEMPNER CAPITAL MANAGEMENT LP
$41.5M6,247,830 shCHARLES SCHWAB INVESTMENT MANAGEMENT INC
$39.1M5,884,820 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $158.6M | 23,878,687 |
| Flat Footed LLC | $156.0M | 23,487,002 |
| Silver Point Capital L.P. | $103.0M | 15,504,810 |
| VANGUARD CAPITAL MANAGEMENT LLC | $63.7M | 9,599,703 |
| STATE STREET CORP | $59.7M | 8,986,912 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $58.6M | 8,817,820 |
| NOMURA HOLDINGS INC | $48.7M | 7,332,272 |
| GEODE CAPITAL MANAGEMENT, LLC | $43.9M | 6,608,497 |
| DAVIDSON KEMPNER CAPITAL MANAGEMENT LP | $41.5M | 6,247,830 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $39.1M | 5,884,820 |
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Popular Research
Is DHC a good stock to buy?
13F Pro's AI-powered analysis of DIVERSIFIED HEALTHCARE TRUST (DHC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Real Estate sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for DHC are available on the DHC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own DHC?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling DHC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of DIVERSIFIED HEALTHCARE TRUST's investment landscape.