National Healthcare Properties, Inc. (NASDAQ:NHP) Receives $17.12 Average Price Target from Analysts

Shares of National Healthcare Properties, Inc. (NASDAQ:NHP) have been given a consensus rating of “Moderate Buy” by the ten research firms that are currently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $17.1250.

A number of research analysts have recently issued reports on NHP shares. 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. Robert W. Baird started coverage on shares of National Healthcare Properties in a research report on Monday, May 18th. They set an “outperform” rating and a $17.00 price target for the company. The Goldman Sachs Group started coverage on shares of National Healthcare Properties in a research report on Monday, May 18th. They issued a “buy” rating and a $20.00 price objective on the stock. National Bank Financial set a $18.00 price objective on shares of National Healthcare Properties in a research note on Thursday, May 28th. Finally, Wells Fargo & Company initiated coverage on shares of National Healthcare Properties in a research note on Monday, May 18th. They issued an “overweight” rating and a $16.00 target price for the company.

National Healthcare Properties Price Performance

Shares of NHP opened at $15.12 on Tuesday. The stock has a 50 day simple moving average of $14.41. National Healthcare Properties has a fifty-two week low of $11.25 and a fifty-two week high of $15.63. The stock has a market cap of $1.10 billion and a PE ratio of 11.52.

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

National Healthcare Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Wednesday, July 15th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 2.0%. The ex-dividend date is Wednesday, July 15th.