National Healthcare Properties, Inc. (NASDAQ:NHP) Receives Consensus Recommendation of “Hold” from Analysts

National Healthcare Properties, Inc. (NASDAQ:NHP) has received an average rating of “Hold” from the twelve research firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $17.3333.

NHP has been the topic of a number of recent analyst reports. Zacks Research raised shares of National Healthcare Properties to a “hold” rating in a research report on Tuesday, June 9th. Morgan Stanley initiated coverage on shares of National Healthcare Properties in a research report on Monday, May 18th. They issued an “equal weight” rating and a $16.00 price target for the company. Citigroup started coverage on shares of National Healthcare Properties in a research note on Thursday, May 28th. They issued an “outperform” rating for the company. The Goldman Sachs Group started coverage on National Healthcare Properties in a report on Monday, May 18th. They set a “buy” rating and a $20.00 price objective on the stock. Finally, BMO Capital Markets initiated coverage on National Healthcare Properties in a research report on Monday, May 18th. They set a “market perform” rating and a $17.00 target price on the stock.

National Healthcare Properties Price Performance

Shares of NHP opened at $15.29 on Friday. The company has a 50 day simple moving average of $14.88. The firm has a market capitalization of $1.11 billion and a P/E ratio of 11.52. National Healthcare Properties has a 52-week low of $11.25 and a 52-week high of $16.89.

National Healthcare Properties (NASDAQ:NHP) last announced its quarterly earnings results on Wednesday, May 13th. The company reported ($0.27) EPS for the quarter. The business had revenue of $86.29 million for the quarter.

National Healthcare Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Wednesday, July 15th were paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Wednesday, July 15th.

National Healthcare Properties, Inc is a real estate company in the Healthcare REITs industry.