National Healthcare Properties (NASDAQ:NHP) Research Coverage Started at Huntington

Huntington started coverage on shares of National Healthcare Properties (NASDAQ:NHP) in a research report sent to investors on Friday morning, MarketBeat Ratings reports. The firm issued an outperform rating and a $18.00 target price on the stock.

Other equities research analysts have also recently issued reports about the stock. KeyCorp began coverage on shares of National Healthcare Properties in a research report on Monday, May 18th. They set a “sector weight” rating for the company. Citizens Jmp started coverage on National Healthcare Properties in a report on Thursday, May 28th. They issued a “market outperform” rating and a $18.00 target price on the stock. Wells Fargo & Company raised their price target on National Healthcare Properties from $16.00 to $17.00 and gave the company an “overweight” rating in a research note on Wednesday. Citigroup assumed coverage on National Healthcare Properties in a report on Thursday, May 28th. They set an “outperform” rating for the company. Finally, Royal Bank Of Canada initiated coverage on National Healthcare Properties in a research report on Monday, May 18th. They set a “sector perform” rating and a $15.00 price objective for the company. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $17.33.

National Healthcare Properties Stock Performance

Shares of NASDAQ:NHP opened at $15.86 on Friday. National Healthcare Properties has a fifty-two week low of $11.25 and a fifty-two week high of $16.14. The company has a 50 day moving average price of $14.57. The firm has a market capitalization of $1.16 billion and a PE ratio of 11.52.

National Healthcare Properties (NASDAQ:NHP) last posted 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 business also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Wednesday, July 15th will be given a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $0.30 dividend on an annualized basis and a yield of 1.9%.