TheStreet Upgrades Diversicare Healthcare Services Inc (DVCR) to “C”
Shares of Diversicare Healthcare Services (NASDAQ:DVCR) remained flat at $11.19 on Wednesday. 87 shares of the company’s stock were exchanged. The company’s 50-day moving average is $10.48 and its 200-day moving average is $10.53. The company’s market capitalization is $72.27 million. Diversicare Healthcare Services has a 12-month low of $6.41 and a 12-month high of $12.82.
Diversicare Healthcare Services (NASDAQ:DVCR) last posted its quarterly earnings results on Thursday, March 2nd. The company reported $0.09 earnings per share for the quarter. Diversicare Healthcare Services had a positive return on equity of 1.71% and a negative net margin of 0.59%. The firm had revenue of $135 million during the quarter. Equities research analysts anticipate that Diversicare Healthcare Services will post $0.19 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 14th. Stockholders of record on Friday, June 30th will be paid a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Wednesday, June 28th. Diversicare Healthcare Services’s dividend payout ratio is currently -57.89%.
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Diversicare Healthcare Services Company Profile
Diversicare Healthcare Services, Inc provides post-acute care services to nursing center patients and residents in approximately nine states, primarily in the Southeast and the Southwest United States. The Company’s post-acute care services to patients and residents include skilled nursing, ancillary healthcare services and assisted living.
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