National Healthcare Properties (NASDAQ:NHP) Announces Earnings Results

National Healthcare Properties (NASDAQ:NHP) issued its quarterly earnings data on Wednesday. The company reported $0.18 EPS for the quarter, Zacks reports.

National Healthcare Properties Trading Up 3.0%

Shares of NHP stock traded up $0.46 during trading hours on Wednesday, hitting $16.03. 527,367 shares of the company’s stock were exchanged, compared to its average volume of 785,645. The firm has a market cap of $1.17 billion and a PE ratio of 11.52. National Healthcare Properties has a 52 week low of $11.25 and a 52 week high of $16.89. The company has a 50-day moving average price of $14.90.

National Healthcare Properties Dividend Announcement

The company 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 annualized dividend and a dividend yield of 1.9%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on NHP shares. National Bank Financial set a $18.00 price objective on shares of National Healthcare Properties in a report on Thursday, May 28th. Citizens Jmp initiated coverage on shares of National Healthcare Properties in a report on Thursday, May 28th. They set a “market outperform” rating and a $18.00 target price on the stock. Citigroup began coverage on National Healthcare Properties in a research report on Thursday, May 28th. They set an “outperform” rating for the company. KeyCorp assumed coverage on National Healthcare Properties in a research report on Monday, May 18th. They issued a “sector weight” rating on the stock. Finally, Royal Bank Of Canada assumed coverage on shares of National Healthcare Properties in a report on Monday, May 18th. They issued a “sector perform” rating and a $15.00 price objective for the company. Six analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $17.33.

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