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DHCNL Stock Analysis - DIVERSIFIED HEALTHCARE TRUST AI Rating

DHCNL Nasdaq Real Estate Investment Trusts MD CIK: 0001075415
Recently Updated • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
STRONG SELL
92% Conf
Pending
Analysis scheduled

📊 DHCNL Key Takeaways

Revenue: $1.5B
Net Margin: -18.6%
Free Cash Flow: $-1.2B
Current Ratio: N/A
Debt/Equity: 1.47x
EPS: $-1.19
AI Rating: STRONG SELL with 92% confidence

Investment Thesis

Claude

Diversified Healthcare Trust is experiencing severe operational distress with substantial net losses, negative free cash flow of -1.2B, and deteriorating cash generation despite modest revenue growth. The company's negative net margin of -18.6%, minimal interest coverage of 0.2x, and operating cash flow deficit indicate fundamental business challenges that threaten financial viability and debt service capacity.

DHCNL Strengths

Claude
  • + Modest revenue growth of 2.8% YoY demonstrates some market demand
  • + Positive operating income of 41.7M shows potential profitability at operational level
  • + Reasonable asset base of 4.4B provides collateral and business foundation

DHCNL Risks

Claude
  • ! Severe net losses of -285.9M with -18.6% net margin indicate structural unprofitability
  • ! Negative free cash flow of -1.2B and negative operating cash flow of -19.6M threaten debt service and sustainability
  • ! Dangerously low interest coverage ratio of 0.2x with 2.4B long-term debt creates acute default risk
  • ! High leverage with 1.47x debt-to-equity ratio combined with negative returns (ROE -17.2%, ROA -6.6%)
  • ! Capital expenditure of 1.2B against negative operating cash flow indicates unsustainable capital allocation

Key Metrics to Watch

Claude
  • * Operating cash flow trajectory and return to positive generation
  • * Interest coverage ratio improvement and debt service capability
  • * Path to net profitability and net margin expansion
  • * Free cash flow conversion and working capital management
  • * Debt reduction progress and leverage ratio improvement

DHCNL Financial Metrics

Revenue
$1.5B
Net Income
$-285.9M
EPS (Diluted)
$-1.19
Free Cash Flow
$-1.2B
Total Assets
$4.4B
Cash Position
$105.4M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

DHCNL Profitability Ratios

Gross Margin N/A
Operating Margin 2.7%
Net Margin -18.6%
ROE -17.2%
ROA -6.6%
FCF Margin -76.6%

DHCNL vs Default Sector

How DIVERSIFIED HEALTHCARE TRUST compares to Default sector averages

Net Margin
DHCNL -18.6%
vs
Sector Avg 12.0%
DHCNL Sector
ROE
DHCNL -17.2%
vs
Sector Avg 15.0%
DHCNL Sector
Current Ratio
DHCNL 0.0x
vs
Sector Avg 1.8x
DHCNL Sector
Debt/Equity
DHCNL 1.5x
vs
Sector Avg 0.7x
DHCNL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

DHCNL Balance Sheet & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
1.47x
Debt/Assets
61.8%
Interest Coverage
0.24x
Long-term Debt
$2.4B

DHCNL 5-Year Financial Trend

DHCNL 5-year financial data: Year 2021: Revenue $1.6B, Net Income -$88.2M, EPS $-0.37. Year 2022: Revenue $1.6B, Net Income -$139.5M, EPS $-0.59. Year 2023: Revenue $1.4B, Net Income $174.5M, EPS $0.73. Year 2024: Revenue $1.5B, Net Income -$15.8M, EPS $-0.07. Year 2025: Revenue $1.5B, Net Income -$293.6M, EPS $-1.23.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: DIVERSIFIED HEALTHCARE TRUST's revenue has remained relatively flat over the 5-year period, with a 6% decline. The most recent EPS of $-1.23 indicates the company is currently unprofitable.

DHCNL Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-76.6%
Free cash flow / Revenue

DHCNL Quarterly Performance

Quarterly financial performance data for DIVERSIFIED HEALTHCARE TRUST including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $373.6M -$9.0M $-0.41
Q2 2025 $371.4M -$9.0M $-0.38
Q1 2025 $370.8M -$9.0M $-0.04
Q3 2024 $356.5M -$52.7M $-0.28
Q2 2024 $346.2M -$52.7M $-0.30
Q1 2024 $346.0M -$52.7M $-0.22
Q3 2023 $322.9M $49.5M $0.21
Q2 2023 $313.0M -$72.6M $-0.30

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

DHCNL Capital Allocation

Operating Cash Flow
-$19.6M
Cash generated from operations
Stock Buybacks
$1.1M
Shares repurchased (TTM)
Capital Expenditures
$1.2B
Investment in assets
Dividends Paid
$9.7M
Returned to shareholders

DHCNL SEC Filings

Access official SEC EDGAR filings for DIVERSIFIED HEALTHCARE TRUST (CIK: 0001075415)

📋 Recent SEC Filings

Date Form Document Action
Mar 19, 2026 DEF 14A tm261414-1_def14a.htm View →
Feb 24, 2026 8-K tm267110d1_8k.htm View →
Feb 24, 2026 10-K dhc-20251231.htm View →
Feb 23, 2026 8-K dhc-20260223.htm View →
Jan 14, 2026 8-K tm263098d1_8k.htm View →

Frequently Asked Questions about DHCNL

What is the AI rating for DHCNL?

DIVERSIFIED HEALTHCARE TRUST (DHCNL) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.

What are DHCNL's key strengths?

Claude: Modest revenue growth of 2.8% YoY demonstrates some market demand. Positive operating income of 41.7M shows potential profitability at operational level.

What are the risks of investing in DHCNL?

Claude: Severe net losses of -285.9M with -18.6% net margin indicate structural unprofitability. Negative free cash flow of -1.2B and negative operating cash flow of -19.6M threaten debt service and sustainability.

What is DHCNL's revenue and growth?

DIVERSIFIED HEALTHCARE TRUST reported revenue of $1.5B.

Does DHCNL pay dividends?

DIVERSIFIED HEALTHCARE TRUST pays dividends, with $9.7M distributed to shareholders in the trailing twelve months.

Where can I find DHCNL SEC filings?

Official SEC filings for DIVERSIFIED HEALTHCARE TRUST (CIK: 0001075415) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is DHCNL's EPS?

DIVERSIFIED HEALTHCARE TRUST has a diluted EPS of $-1.19.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI