DIVERSIFIED HEALTHCARE TRUST (DHC) Form 8-K — May 4, 2026

$DHCForm 8-KItems 2.02, 9.01Filed May 4, 2026, 4:26 PM ET0001075415-26-000022Original filing

Diversified Healthcare Trust reported strong first quarter 2026 results, highlighting a 13.5% year-over-year increase in same property Senior Housing Operating Portfolio (SHOP) NOI to $44.3 million. The company successfully transitioned SHOP communities previously managed by AlerisLife to new operators, resulting in a 160 basis point sequential improvement in SHOP NOI margins to 14.9% and an 110 basis point year-over-year increase in occupancy to 82.4%. The company's balance sheet continued to improve, with net debt to annualized Adjusted EBITDAre decreasing by 1.0x year-over-year to 7.8x.

Key figures

Eps: $(0.18)
Revenue: $366.5M
Net Income: $(43.3)M
Total Debt: $2,442.9M
Cash Position: $121.8M
Adjusted EBITDAre: $74.0M
Normalized FFO: $33.1M
Total Liquidity: $271.8M
Consolidated NOI: $75.9M
Same Property SHOPNOI: $44.3M
Net Debt To Annualized Adjusted EBITDAre: 7.8x

Price after filing

1 day: +5.3%7 days: +8.5%30 days: +10.1%

Close on the filing date to close N calendar days later (from $7.76). Historical, not a forecast.

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