National Healthcare Properties, Inc. (NASDAQ:NHP) Receives Consensus Rating of "Hold" from Analysts

Shares of National Healthcare Properties, Inc. (NASDAQ:NHP - Get Free Report) have been given an average recommendation of "Hold" by the twelve analysts that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $18.00.

NHP has been the topic of several recent analyst reports. Citigroup reiterated an "outperform" rating on shares of National Healthcare Properties in a research report on Monday, August 10th. BMO Capital Markets assumed coverage on shares of National Healthcare Properties in a report on Monday, May 18th. They issued a "market perform" rating and a $17.00 price target for the company. Morgan Stanley started coverage on shares of National Healthcare Properties in a research note on Monday, May 18th. They issued an "equal weight" rating and a $16.00 price objective for the company. Wall Street Zen raised shares of National Healthcare Properties to a "hold" rating in a report on Saturday, May 2nd. Finally, Huntington began coverage on shares of National Healthcare Properties in a research report on Friday, July 17th. They set an "outperform" rating and a $18.00 target price on the stock.

National Healthcare Properties Stock Up 0.2%

NASDAQ NHP opened at $16.64 on Wednesday. The stock has a market capitalization of $1.21 billion and a price-to-earnings ratio of -128.00. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.79 and a current ratio of 0.79. The business's 50-day moving average is $15.59. National Healthcare Properties has a 52-week low of $11.25 and a 52-week high of $17.46.

National Healthcare Properties (NASDAQ:NHP - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter. The company had revenue of $87.53 million for the quarter. National Healthcare Properties had a negative return on equity of 6.22% and a negative net margin of 13.04%.During the same period in the previous year, the business earned ($0.85) EPS. As a group, analysts anticipate that National Healthcare Properties will post 0.7 earnings per share for the current year.

National Healthcare Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Wednesday, July 15th were paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $0.30 annualized dividend and a dividend yield of 1.8%. National Healthcare Properties's payout ratio is -230.77%.

Hedge Funds Weigh In On National Healthcare Properties

Hedge funds have recently bought and sold shares of the company. California State Teachers Retirement System acquired a new position in National Healthcare Properties during the second quarter worth $135,000. Readystate Asset Management LP purchased a new stake in National Healthcare Properties during the second quarter worth $747,000. Irenic Capital Management LP acquired a new stake in National Healthcare Properties in the second quarter valued at $8,052,000. Finally, Alyeska Investment Group L.P. acquired a new stake in National Healthcare Properties in the second quarter valued at $37,278,000.

National Healthcare Properties Company Profile

National Healthcare Properties Inc is a self-managed real estate investment trust focused on acquiring, owning and investing in a diversified portfolio of healthcare real estate, with an emphasis on providing senior housing. National Healthcare Properties Inc is based in NEW YORK.

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