NATIONAL HEALTHCARE PROPERTIES INC (NHP)
Real Estate · Healthcare Real Estate Investment Trust (REIT) — Senior Housing and Medical Office · NASDAQ
A healthcare REIT owning senior housing communities and outpatient medical facilities across the U.S., generating income through resident fees and triple-net leases.
What NATIONAL HEALTHCARE PROPERTIES INC does
National Healthcare Properties is a real estate investment trust (REIT) that acquires, owns, and manages a diversified portfolio of healthcare real estate focused on senior housing operating properties (SHOP) and outpatient medical facilities (OMF) across the United States. As of December 31, 2025, the company owned 167 properties in 29 states, including 37 senior housing communities with 3,615 units and 130 outpatient medical facilities with approximately 3.7 million square feet of gross leasable area. The company operates in two reportable segments: SHOP, featuring assisted living, memory care, and independent living communities, and OMF, consisting of physician offices, diagnostic imaging centers, ambulatory surgery centers, and other healthcare-related buildings.
Themes: Senior housing / assisted living, Memory care / dementia services, Outpatient medical facilities, Healthcare real estate / medical office, REIT / income-producing properties, Hospital-affiliated healthcare properties
Fundamentals
- Price$16.96 as of 2026-08-21 close
- P/En/a earnings data not available
- Revenue growth (YoY)-3.3% FY2025 vs FY2024, SEC XBRL
- Revenue CAGR (3y)+0.6% SEC XBRL
- Last reported earnings2026-08-05 SEC EDGAR Form 8-K (Item 2.02)
Dividend: at least 3 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How NHP compares in its sector
- 3-year revenue CAGRbottom 25% 155 covered Real Estate peers
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage
Not assessed — last reported dividend predates the accounts. The most recent fiscal year in which NHP reported a dividend payment is FY2020, while its reported financial statements run through FY2025. Coverage is therefore not assessed for the latest year — an FY2020 ratio would not describe NHP today.
Coverage is derived from reported SEC EDGAR XBRL figures, comparing dividends paid against net income and free cash flow for the SAME fiscal year. It is not shown here because the latest fiscal year with a reported dividend payment (FY2020) is older than the latest year of reported financial statements (FY2025), so any ratio would describe an out-of-date year. Informational only — not financial advice.
How NATIONAL HEALTHCARE PROPERTIES INC looks technically
NATIONAL HEALTHCARE PROPERTIES INC (NHP): a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 34, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 64, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive). It made a new 20-day high about 2 trading days ago.
Trend
8
| Distance from the 200-day | not enough price history yet — needs 200 trading sessions | n/a |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $15.45 | $15.45 |
| 200-day moving average | not enough price history yet — needs 200 trading sessions | n/a |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 14 calendar days ago — the swings before that are what the structure reading is measured on | 14 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 17.46. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a five-part sequence in leg 4. | possible three-wave upward correction, complete (one of several readings) |
| Since the 50/200 cross | not enough price history yet — needs 200 trading sessions | n/a |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 34, with buyers in control | 34.0 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 64, neither overbought (above 70) nor oversold (below 30) | 64.3 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($15.03 to $17.46) — its "stochastic" reading is 79 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 79.4 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive) | 3 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $17.46 | $17.46 |
|---|---|---|
| From the 52-week high | it is 2.9% below its 52-week high (its highest price of the past year) | -2.9% |
| Above the 52-week low | it is 50.8% above its 52-week low (its lowest price of the past year) | +50.8% |
| Below the 52-week high | it is 2.9% below its highest point of the past year | 2.9% |
| Since a 20-day breakout | it made a new 20-day high about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day high about 2 trading days ago | 2 sessions |
| All-time high | its highest closing price on record is $17.46 (set on 2026-08-07) | $17.46 |
| Given back of the 52-week move | not available for this company yet | n/a |
| From the all-time high | it is 2.9% below its all-time high | -2.9% |
| Nearest price level | not enough price history yet — needs 252 trading sessions | n/a |
| All-time low | its lowest closing price on record is $11.25 (set on 2026-04-22) | $11.25 |
| Above the all-time low | it is 50.8% above its all-time low | +50.8% |
Volatility
4
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 57th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.6911 between its high and its low — about 4.1% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.6911 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $15.14 and $17.35 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $15.14 – $16.24 – $17.35 |
| Typical daily range (% of price) | its price moves about 4.1% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.1% |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.85× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 2.4% since the prior reading | +2.4% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a doji | 7 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 7 sessions ago |
|---|---|---|
| Since a bearish engulfing | 9 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 9 sessions ago |
Price gaps
2
| Gap at the open | it opened on 2026-08-21 0.4% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.4% |
|---|---|---|
| Gap filled | a 8.7% gap up opened on 2026-08-06 has been "filled" 11 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 11 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 3.5 percentage points (the stock gained 5.9% while the market gained 2.3%) | +3.5% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 13.1 percentage points (the stock gained 16.2% while the market gained 3.1%) | +13.2% |
| vs market, 6 months | not available for this company yet | n/a |
| vs market, 12 months | not available for this company yet | n/a |
Signal agreement
2
| Bullish technical signals | 3 of the 5 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, a fresh 20-day high, MACD momentum is positive — these describe past price behaviour, not a forecast | 3 of 5 |
|---|---|---|
| Bearish technical signals | 0 of the 5 technical signals we can compute for it are currently in a bearish state — these describe past price behaviour, not a forecast | 0 of 5 |
Volume-weighted price
2
| Vs this year’s average price paid | the price is 18% above the average price paid since 2026-04-22, so the typical buyer over that stretch is showing a gain. That average is $14.33 — a volume-weighted average of daily closes over 75 sessions, not a true tick-by-tick VWAP. | +18.4% |
|---|---|---|
| Vs the average paid since it last reported | the price is 2% above the average price paid since it last reported on 2026-08-05 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $16.67 — a volume-weighted average of daily closes over 13 sessions, not a true tick-by-tick VWAP. | +1.7% |
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $17.46.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
Alternate reading: The same swings also read as a five-part sequence in leg 4, which fails on a close below $16.89.
This reading has stood for 2 trading days, since 2026-08-20.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Broke out to a new 20-day high · MACD just crossed bullish (12/26/9) · in a strong, established uptrend (ADX) · Analyst price target recently RAISED · Elliott wave 4 pullbacks · Elliott counts at their invalidation level | Learn: adx · rsi · macd · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (2.13 mean, 1=Strong Buy…5=Strong Sell) — 7 analysts
- Mean price target$18.57 range $16.00 – $24.00; median $17.00
Analyst estimates, as of 2026-08-23. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for NHP
- Consensus EPS estimate$0.81 next reporting period, as of 2026-08-23
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Operating losses and negative cash flow from net losses attributable to common stockholders; Q1 2026 resulted in net loss per share of $(0.27), reflecting pressure on profitability in SHOP and OMF segments.","High leverage and debt service obligations; total debt of approximately $1.04 billion (mortgage notes, Fannie Mae debt, revolving credit facility, and term loan) against total equity of $596 million exposes the company to refinancing and interest rate risks.","Dependence on skilled property operators for SHOP performance and tenant stability for OMF revenue; the company's income is subject to risks from operator financial distress, high turnover of healthcare tenants, and changes in healthcare delivery models."]
What changed in the latest 10-Q
AI-assisted comparison of NHP's 10-Q filed 2026-05-14 against the prior one filed 2025-11-05.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-05-14) adds: On April 23, 2026, completed public offering of 44,275,000 shares of Class A common stock for approximately $531.3 million gross proceeds, with listing on Nasdaq under symbol 'NHP' on April 22, 2026, and automatic conversion to common stock on October 19, 2026.
- Newer filing (2026-05-14) adds: As of March 31, 2026, owned 168 properties in 29 states (37 senior housing communities with 3,615 units, 130 outpatient medical facilities with approximately 3.7 million square feet).
- Newer filing (2026-05-14) adds: Three eligible independent contractors operating 37 senior housing communities as of March 31, 2026.
- Newer filing (2026-05-14) adds: OMF segment managed directly without use of third-party service providers as of March 31, 2026.
- Newer filing (2026-05-14) adds: Properties table showing 167 properties (excluding one land parcel) with specific metrics for SHOP (85.2% leased, $1,024,693 gross asset value) and OMF (92.8% leased, 5.4 years WALTR, $1,169,240 gross asset value) segments.
- Removed:
- Older filing (2025-11-05) mentions: Company was externally managed by Healthcare Trust Advisors, LLC prior to Internalization—removed from newer filing.
- Older filing (2025-11-05) mentions: Geopolitical instability and Russia-Ukraine military conflicts as forward-looking statement risk—removed from newer filing.
- Older filing (2025-11-05) mentions: Tariffs imposed by or on the United States as forward-looking statement risk—removed from newer filing.
- Older filing (2025-11-05) states: As of September 30, 2025, owned 174 properties in 30 states comprising 7.3 million rentable square feet—removed from newer filing.
- Older filing (2025-11-05) states: Four eligible independent contractors operating 39 SHOPs as of September 30, 2025—removed from newer filing.
- Older filing (2025-11-05) mentions: Property Manager became wholly-owned subsidiary as result of Internalization—removed from newer filing context.
- Older filing (2025-11-05) mentions: Third-party managers manage OMFs—removed from newer filing.
- Older filing (2025-11-05) references: Estimated Per-Share NAV of $32.15 as of December 31, 2024, and dividend history—removed from newer filing.
- Older filing (2025-11-05) references: Reverse Stock Split effective September 30, 2024—removed from newer filing.
- Older filing (2025-11-05) references: Annual Report on Form 10-K for year ended December 31, 2024—updated to 2025 in newer filing.
- Reworded:
- Newer filing (2026-05-14) removes reference to external management by Healthcare Trust Advisors, LLC from opening paragraph.
- Newer filing (2026-05-14) replaces forward-looking statements risk list: removes internalization risks, geopolitical/tariff concerns; adds standard REIT/real estate risks (economic cycles, acquisition success, inflation, interest rates, competition, key personnel, legislation, reimbursement, environmental, debt management, cybersecurity, capital availability, REIT qualification).
- Newer filing (2026-05-14) reorders segment names: 'SHOP' and 'OMF' instead of 'OMF' and 'SHOP' in Overview.
- Newer filing (2026-05-14) changes segment description structure: SHOP described first with RIDEA structure details; OMF described second with direct management emphasis.
- Newer filing (2026-05-14) updates fiscal period references: from September 30, 2025 to March 31, 2026.
- Notes:
- Older filing text appears truncated at end ('Recently Issued Accounting Pronouncements' section incomplete), limiting full comparison of that section.
- Filings cover different fiscal periods (newer: quarter ended March 31, 2026; older: quarter ended September 30, 2025), making some changes reflect operational developments rather than pure disclosure revisions.
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for NHP — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
NHP had 2,636,335 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for NHP because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 2,636,335
- Prior settlement (shares) 3,145,627
- Reported change -16.19%
- Days to cover (reported) 6.71
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Welltower Inc (WELL)
- Medical Properties Trust
- LTC Properties (LTC)
- Healthcare Trust, Inc (HTIA)
- Omega Healthcare Investors (OHI)
- Sabine Healthcare Investors
- Physicians Realty Trust (DOC)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare NHP vs…
Frequently asked questions
What does NATIONAL HEALTHCARE PROPERTIES INC (NHP) do?
National Healthcare Properties is a real estate investment trust (REIT) that acquires, owns, and manages a diversified portfolio of healthcare real estate focused on senior housing operating properties (SHOP) and outpatient medical facilities (OMF) across the United States. As of December 31, 2025, the company owned 167 properties in 29 states, including 37 senior housing communities with 3,615 units and 130 outpatient medical facilities with approximately 3.7 million square feet of gross…
What sector is NATIONAL HEALTHCARE PROPERTIES INC (NHP) in?
NATIONAL HEALTHCARE PROPERTIES INC (NHP) is classified in the Real Estate sector. Its industry is Healthcare Real Estate Investment Trust (REIT) — Senior Housing and Medical Office. It trades on NASDAQ.
Who are NATIONAL HEALTHCARE PROPERTIES INC's (NHP) competitors?
Notable peers of NATIONAL HEALTHCARE PROPERTIES INC (NHP) include Welltower Inc, Medical Properties Trust, LTC Properties, Healthcare Trust, Inc and Omega Healthcare Investors. This peer set is informational only — not financial advice.
Is NATIONAL HEALTHCARE PROPERTIES INC (NHP) overbought or oversold right now?
NATIONAL HEALTHCARE PROPERTIES INC (NHP) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 64, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on NHP come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.