National Healthcare Properties, Inc. (NASDAQ:NHP) Given Consensus Rating of “Hold” by Analysts

National Healthcare Properties, Inc. (NASDAQ:NHP) has been assigned an average rating of “Hold” from the twelve brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $17.3333.

Several research analysts recently commented on NHP shares. KeyCorp initiated coverage on National Healthcare Properties in a research report on Monday, May 18th. They issued a “sector weight” rating for the company. The Goldman Sachs Group initiated coverage on shares of National Healthcare Properties in a report on Monday, May 18th. They issued a “buy” rating and a $20.00 price target on the stock. Royal Bank Of Canada assumed coverage on shares of National Healthcare Properties in a research note on Monday, May 18th. They issued a “sector perform” rating and a $15.00 price objective for the company. Wells Fargo & Company raised their price objective on shares of National Healthcare Properties from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Finally, Citizens Jmp started coverage on shares of National Healthcare Properties in a research report on Thursday, May 28th. They set a “market outperform” rating and a $18.00 target price on the stock.

National Healthcare Properties Trading Up 0.7%

NASDAQ:NHP opened at $16.95 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.81. National Healthcare Properties has a one year low of $11.25 and a one year high of $17.46. The firm’s fifty day moving average is $15.02.

National Healthcare Properties (NASDAQ:NHP) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter. National Healthcare Properties had a negative return on equity of 7.36% and a negative net margin of 13.04%.The company had revenue of $87.53 million for the quarter. During the same quarter last year, the firm posted ($0.85) EPS. On average, equities analysts expect that National Healthcare Properties will post 0.76 EPS for the current fiscal year.

National Healthcare Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Wednesday, July 15th were issued a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.8%.

About National Healthcare Properties

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.