DHC - Diversified Healthcare Trust: Hurtin' For Certain

2024-01-26 08:00:00 ET

Summary

• Diversified Healthcare Trust is down 22.2% YTD, while the average REIT is down 3.44%.
• However, DHC shares are up a phenomenal 295.5% in the trailing 12 months, while VNQ shares are down 2.5%.
• The company's fundamentals, particularly in the balance sheet, raise questions about its long-term prospects and whether last year's gains were sustainable.

Diversified Healthcare Trust (DHC) is off to a bad start in 2024, down (-22.2)% YTD (year-to-date), while the average REIT as represented by the Vanguard Real Estate ETF ( VNQ ) is off just (-3.44)% during that same period.

However, if you look at the trailing 12 months, DHC shares are up a phenomenal 295.5%, while VNQ shares are down (-2.5)%....

For further details see: