National HealthCare (NYSEAMERICAN:NHC) Reaches New 1-Year High – Time to Buy?

National HealthCare Corporation (NYSEAMERICAN:NHC) hit a new 52-week high during trading on Monday . The stock traded as high as $171.95 and last traded at $168.80, with a volume of 27915 shares traded. The stock had previously closed at $163.50.

National HealthCare Stock Up 1.5%

The firm has a market capitalization of $2.69 billion, a P/E ratio of 22.57 and a beta of 0.60. The firm’s 50-day simple moving average is $148.10 and its 200-day simple moving average is $132.53.

National HealthCare (NYSEAMERICAN:NHC) last announced its quarterly earnings data on Thursday, February 26th. The company reported $1.83 earnings per share for the quarter. The company had revenue of $386.51 million for the quarter. National HealthCare had a return on equity of 9.59% and a net margin of 7.91%.

National HealthCare Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be given a $0.64 dividend. This represents a $2.56 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, March 31st. National HealthCare’s dividend payout ratio (DPR) is currently 59.12%.

About National HealthCare

National HealthCare Corporation (NYSE American: NHC) is a healthcare services company specializing in long-term care and post-acute rehabilitation. The company operates skilled nursing facilities, assisted living communities and outpatient therapy clinics. Through its subsidiary, National HealthCare Partners, NHC provides contract rehabilitation services, pharmacy management and clinical consulting to a broad network of senior living and healthcare providers.

Headquartered in Murfreesboro, Tennessee, National HealthCare Corporation has built a regional footprint across the southeastern and south-central United States.