National Healthcare Properties (NASDAQ:NHP) Price Target Raised to $21.00

National Healthcare Properties (NASDAQ:NHP) had its price target upped by Citizens Jmp from $18.00 to $21.00 in a research report report published on Monday morning,Benzinga reports. They currently have a market outperform rating on the stock.

A number of other analysts also recently issued reports on NHP. Royal Bank Of Canada initiated coverage on National Healthcare Properties in a research report on Monday, May 18th. They issued a “sector perform” rating and a $15.00 target price for the company. Weiss Ratings assumed coverage on National Healthcare Properties in a research report on Monday, July 20th. They set a “sell (d)” rating on the stock. National Bank Financial set a $18.00 price target on National Healthcare Properties in a research note on Thursday, May 28th. Wall Street Zen raised National Healthcare Properties to a “hold” rating in a report on Saturday, May 2nd. Finally, The Goldman Sachs Group assumed coverage on National Healthcare Properties in a research note on Monday, May 18th. They issued a “buy” rating and a $20.00 price objective on the stock. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $17.67.

National Healthcare Properties Stock Performance

NASDAQ NHP opened at $16.14 on Monday. National Healthcare Properties has a 52-week low of $11.25 and a 52-week high of $17.46. The stock’s 50-day moving average is $15.13. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.23 and a quick ratio of 0.23.

National Healthcare Properties (NASDAQ:NHP) last released its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter. National Healthcare Properties had a negative net margin of 13.04% and a negative return on equity of 7.36%. The company had revenue of $87.53 million during the quarter. During the same quarter last year, the firm posted ($0.85) EPS. As a group, analysts anticipate that National Healthcare Properties will post 0.76 earnings per share for the current year.

National Healthcare Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Wednesday, July 15th were issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Wednesday, July 15th.

About National Healthcare Properties

National Healthcare Properties Inc is a self-managed real estate investment trust focused on acquiring, owning and investing in a diversified portfolio of healthcare real estate, with an emphasis on providing senior housing. National Healthcare Properties Inc is based in NEW YORK.