National Healthcare Properties, Inc. (NHP)Real Estate | REIT - Healthcare Facilities | New York, United States | NasdaqGM
15.12 USD
+0.17
(1.137%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 15.12 |
Hot Take ↕ | July 11, 2026, 6:57 a.m. EDT
The investment case for National Healthcare Properties is currently broken by severe financial distress and a failed capital raising effort. The company recently attempted to raise over $600 million via an IPO but shares slipped significantly upon closing, signaling immediate market rejection of the valuation. Fundamentally, the balance sheet is precarious with debt-to-equity exceeding 175% and a current ratio of just 0.42, indicating an inability to meet short-term obligations without asset liquidation. Operations are deteriorating, evidenced by negative profit margins, negative return on equity, and stagnant revenue growth. While the dividend yield appears attractive at 2%, it is likely unsustainable given the negative free cash flow relative to the payout needs and the company's desperate need for capital. The stock trades at a discount to book value, but this is a 'value trap' driven by insolvency risks rather than a margin of safety. With no analyst coverage and a complete absence of institutional options flow, the security lacks the liquidity and confidence required for a recovery. |
| Attribute | Value |
|---|---|
| Sector | Real Estate |
| Ex Dividend Date | 2026-07-14 |
| Debt to Equity Ratio | 174.998 |
| Revenue per Share | 12.083 |
| Market Cap | 1,118,266,624 |
| Forward P/E | 252.00 |
| Profit Margins | -17.64% |
| Previous Name | Healthcare Trust, Inc. |
| Website | https://www.nhpreit.com |
As of July 11, 2026, 6:57 a.m. EDT: Options activity is extremely thin with negligible volume and open interest across all expirations. The only notable flow is a small amount of buying in the July 17.5 strike calls, suggesting minimal speculative interest in a near-term bounce, while the lack of put activity indicates no hedging demand. Implied volatility is flat and low, reflecting a lack of active positioning.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.24583328 |
| Address1 | 540 Madison Avenue |
| Address2 | 27th Floor |
| All Time High | 15.63 |
| All Time Low | 11.25 |
| Ask | 19.08 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 1,289,040 |
| Average Daily Volume3 Month | 1,063,841 |
| Average Volume | 1,063,841 |
| Average Volume10Days | 1,289,040 |
| Bid | 10.91 |
| Bid Size | 2 |
| Book Value | 20.839 |
| City | New York |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 15.12 |
| Current Ratio | 0.424 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 15.23 |
| Day Low | 14.62 |
| Debt To Equity | 174.998 |
| Display Name | National Healthcare Properties |
| Dividend Date | 1,785,369,600 |
| Dividend Rate | 0.3 |
| Dividend Yield | 2.01 |
| Earnings Call Timestamp End | 1,786,046,400 |
| Earnings Call Timestamp Start | 1,786,046,400 |
| Earnings Timestamp | 1,785,960,000 |
| Earnings Timestamp End | 1,785,960,000 |
| Earnings Timestamp Start | 1,785,960,000 |
| Ebitda | 105,720,000 |
| Ebitda Margins | 0.30901 |
| Enterprise To Ebitda | 19.831 |
| Enterprise To Revenue | 6.128 |
| Enterprise Value | 2,096,513,664 |
| Eps Current Year | 0.415 |
| Eps Forward | 0.06 |
| Eps Trailing Twelve Months | -2.63 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,784,073,600 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.262 |
| Fifty Day Average Change | 0.8579998 |
| Fifty Day Average Change Percent | 0.06015985 |
| Fifty Two Week Change Percent | 24.583328 |
| Fifty Two Week High | 15.63 |
| Fifty Two Week High Change | -0.5100002 |
| Fifty Two Week High Change Percent | -0.03262957 |
| Fifty Two Week Low | 11.25 |
| Fifty Two Week Low Change | 3.87 |
| Fifty Two Week Low Change Percent | 0.34399998 |
| Fifty Two Week Range | 11.25 - 15.63 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,776,864,600,000 |
| Float Shares | 72,520,667 |
| Forward Eps | 0.06 |
| Forward P E | 252.0 |
| Free Cashflow | 23,291,750 |
| Full Exchange Name | NasdaqGM |
| Full Time Employees | 31 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.37460998 |
| Gross Profits | 128,161,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0 |
| Held Percent Institutions | 0.41842997 |
| Implied Shares Outstanding | 73,959,431 |
| Industry | REIT - Healthcare Facilities |
| Industry Disp | REIT - Healthcare Facilities |
| Industry Key | reit-healthcare-facilities |
| Ipo Expected Date | 2,026-04-22 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | National Healthcare Properties, Inc. is a real estate investment trust for U.S. federal income tax purposes. The Company acquires, owns and manages a diversified portfolio of healthcare-related real estate, focused on outpatient medical facilities and senior housing operating properties. As of September 30, 2025, the Company owned 174 properties (including one land parcel and one property classified as held-for-sale) located in 30 states and comprised of 7.3 million rentable square feet. Substantially all the Company's business is conducted through the OP and its wholly owned subsidiaries, including taxable REIT subsidiaries. Prior to the consummation of the Internalization (as defined below) on September 27, 2024, the Company's former advisor, Healthcare Trust Advisors, LLC, managed its day-to-day business with the assistance of its property manager, Healthcare Trust Properties, LLC the former Advisor and Property Manager were under common control with AR Global Investments, LLC, and these related parties received compensation and fees for providing services to the Company. See the Internalization section in this Note for additional information. As of September 30, 2025, the Company owned 40 (including one property classified as held-for-sale) SHOPs using the REIT Investment Diversification and Empowerment Act of 2007 structure in its SHOP segment. Under RIDEA, a REIT may lease (qualified healthcare properties) on an arm's length basis to a TRS if the property is operated on behalf of such subsidiary by a person who qualifies as an eligible independent contractor. As of September 30, 2025, the Company had four eligible independent contractors operating 39 SHOPs. The Company has two operating and reportable business segments (OMFs and Shops). All the Company's properties across both business segments are located throughout the United States. In its OMF operating segment, the Company owns, manages and leases single and multi-tenant OMFs where tenants are generally required to pay their pro rata share of property operating expenses, which may be subject to expense exclusions and floors, in addition to base rent. The Property Manager or third-party managers manage the Company's OMFs. National Healthcare Properties, Inc. was incorporated in 2012 in Maryland, USA. |
| Long Name | National Healthcare Properties, Inc. |
| Market | us_market |
| Market Cap | 1,118,266,624 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_223781219 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -73,651,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,089,927,896 |
| Number Of Analyst Opinions | 7 |
| Open | 14.65 |
| Operating Cashflow | 37,193,000 |
| Operating Margins | 0.11777 |
| Payout Ratio | 0.0 |
| Phone | 332 258 8770 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 15.12 |
| Post Market Time | 1,783,973,404 |
| Prev Name | Healthcare Trust, Inc. |
| Previous Close | 14.95 |
| Price Eps Current Year | 36.433735 |
| Price Hint | 2 |
| Price To Book | 0.72556263 |
| Price To Sales Trailing12 Months | 3.268629 |
| Profit Margins | -0.17643 |
| Quick Ratio | 0.224 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.17 |
| Regular Market Change Percent | 1.13712 |
| Regular Market Day High | 15.23 |
| Regular Market Day Low | 14.62 |
| Regular Market Day Range | 14.62 - 15.23 |
| Regular Market Open | 14.65 |
| Regular Market Previous Close | 14.95 |
| Regular Market Price | 15.12 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 385,736 |
| Return On Assets | 0.01204 |
| Return On Equity | -0.0947 |
| Revenue Growth | -0.002 |
| Revenue Per Share | 12.083 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Real Estate |
| Sector Disp | Real Estate |
| Sector Key | real-estate |
| Shares Outstanding | 73,553,433 |
| Shares Percent Shares Out | 0.0542 |
| Shares Short | 3,954,041 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 1,751,315 |
| Short Name | National Healthcare Properties, |
| Short Percent Of Float | 0.089700006 |
| Short Ratio | 3.22 |
| Source Interval | 15 |
| State | NY |
| Symbol | NHP |
| Target High Price | 20.0 |
| Target Low Price | 15.0 |
| Target Mean Price | 17.0 |
| Target Median Price | 17.0 |
| Total Cash | 54,204,000 |
| Total Cash Per Share | 0.743 |
| Total Debt | 1,043,936,000 |
| Total Revenue | 342,120,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -2.63 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 14.123454 |
| Two Hundred Day Average Change | 0.9965458 |
| Two Hundred Day Average Change Percent | 0.070559636 |
| Type Disp | Equity |
| Volume | 385,736 |
| Website | https://www.nhpreit.com |
| Zip | 10,022 |