National HealthCare (NHC) Stock Forecast, Price & News

National HealthCare's stock was trading at $58.94 on January 1st, 2023. Since then, NHC shares have increased by 4.0% and is now trading at $61.32.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our NHC earnings forecast.

National HealthCare Co. (NYSEAMERICAN:NHC) announced its quarterly earnings results on Thursday, November, 9th. The company reported $0.75 earnings per share for the quarter. The firm earned $241.99 million during the quarter. National HealthCare had a net margin of 1.75% and a trailing twelve-month return on equity of 4.12%.

National HealthCare announced a quarterly dividend on Friday, May 5th. Shareholders of record on Friday, June 30th will be given a dividend of $0.59 per share on Monday, July 31st. This represents a $2.36 annualized dividend and a dividend yield of 3.85%. The ex-dividend date is Thursday, June 29th. This is a positive change from the stock's previous quarterly dividend of $0.57.
Read our dividend analysis for NHC.

ETFs with the largest weight of National HealthCare (NYSEAMERICAN:NHC) stock in their portfolio include Vanguard U.S. Minimum Volatility ETF (VFMV), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), SPDR S&P Health Care Services ETF (XHS), U.S. Diversified Real Estate ETF (PPTY), Hartford Multifactor Small Cap ETF (ROSC), Timothy Plan US Small Cap Core ETF (TPSC) and Global X Aging Population ETF (AGNG).

National HealthCare (NYSEAMERICAN:NHC) pays an annual dividend of $2.28 per share and currently has a dividend yield of 3.82%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 186.89%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NHC.

Based on aggregate information from My MarketBeat watchlists, some companies that other National HealthCare investors own include Pfizer (PFE), AbbVie (ABBV), NVIDIA (NVDA), Exxon Mobil (XOM), Verizon Communications (VZ), Costco Wholesale (COST), Chevron (CVX), 3M (MMM), AT&T (T) and Target (TGT).

National HealthCare trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "NHC."

National HealthCare's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.40%), Dimensional Fund Advisors LP (5.76%), Renaissance Technologies LLC (2.96%), State Street Corp (2.37%), Geode Capital Management LLC (1.65%) and Bank of New York Mellon Corp (0.87%). Insiders that own company stock include Ernest G Burgess III, James Paul Abernathy and Richard F Laroche Jr.
View institutional ownership trends.

Shares of NHC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NHC stock can currently be purchased for approximately $61.32.

National HealthCare (NYSEAMERICAN:NHC) has a market capitalization of $939.42 million and generates $1.09 billion in revenue each year. The company earns $22.44 million in net income (profit) each year or $1.22 on an earnings per share basis.

The company employs 12,355 workers across the globe.

National HealthCare's mailing address is 100 E Vine St, MURFREESBORO, TN 37130-3734, United States. The official website for the company is www.nhccare.com. The company can be reached via phone at (615) 890-2020 or via fax at 615-890-0123.