National Healthcare Properties, Inc. (NASDAQ:NHP) Receives Consensus Rating of “Moderate Buy” from Analysts

National Healthcare Properties, Inc. (NASDAQ:NHP) has been given a consensus recommendation of “Moderate Buy” by the ten analysts that are covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $17.1250.

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group assumed coverage on National Healthcare Properties in a report on Monday, May 18th. They issued a “buy” rating and a $20.00 target price for the company. Zacks Research raised shares of National Healthcare Properties to a “hold” rating in a research report on Tuesday, June 9th. Morgan Stanley started coverage on National Healthcare Properties in a research note on Monday, May 18th. They issued an “equal weight” rating and a $16.00 target price for the company. Royal Bank Of Canada initiated coverage on National Healthcare Properties in a report on Monday, May 18th. They issued a “sector perform” rating and a $15.00 price target on the stock. Finally, Robert W. Baird started coverage on National Healthcare Properties in a research note on Monday, May 18th. They issued an “outperform” rating and a $17.00 price objective for the company.

National Healthcare Properties Stock Up 1.1%

NASDAQ:NHP traded up $0.17 during trading hours on Tuesday, hitting $15.38. 60,175 shares of the company were exchanged, compared to its average volume of 924,598. The company has a market cap of $1.12 billion and a PE ratio of 11.52. National Healthcare Properties has a one year low of $11.25 and a one year high of $15.47. The business’s fifty day moving average is $14.21.

National Healthcare Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Wednesday, July 15th will be 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 is Wednesday, July 15th.