National Healthcare Properties (NASDAQ:NHP) Coverage Initiated by Analysts at Huntington

Huntington began coverage on shares of National Healthcare Properties (NASDAQ:NHP) in a report released on Friday, Marketbeat.com reports. The brokerage issued an outperform rating and a $18.00 price objective on the stock.

NHP has been the topic of a number of other research reports. National Bank Financial set a $18.00 price target on National Healthcare Properties in a research note on Thursday, May 28th. BMO Capital Markets assumed coverage on shares of National Healthcare Properties in a research report on Monday, May 18th. They set a “market perform” rating and a $17.00 price objective 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 initiated coverage on shares of National Healthcare Properties in a research note on Monday, May 18th. They set an “equal weight” rating and a $16.00 target price for the company. Finally, KeyCorp assumed coverage on shares of National Healthcare Properties in a report on Monday, May 18th. They set a “sector weight” rating for the company. Six research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.33.

National Healthcare Properties Stock Up 1.9%

Shares of National Healthcare Properties stock opened at $15.86 on Friday. The company has a market capitalization of $1.16 billion and a P/E ratio of 11.52. The stock has a 50-day simple moving average of $14.57. National Healthcare Properties has a 1 year low of $11.25 and a 1 year high of $16.14.

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

National Healthcare Properties Dividend Announcement

The company 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 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Wednesday, July 15th.