National Healthcare Properties, Inc. | REIT Profile

Symbol: NHPAP
Exchange: NASDAQ
Preferred Stock: NHPAP, NHPBP
HQ: United States
Type of REIT: Equity REIT
Listing Status: Public
REIT Sector: Health Care
REITRating™ Score: 3.2

See NHPAP on Yahoo Finance
See NHPAP on SEC.gov

Website Logo 

About National Healthcare Properties, Inc.

National Healthcare Properties, Inc. (Nasdaq: NHPAP / NHPBP) is a publicly registered real estate investment trust focused on acquiring a diversified portfolio of healthcare real estate, with an emphasis on seniors housing and outpatient medical facilities, located in the United States.


National Healthcare Properties, Inc. Company Logo

Stock Chart

See in Advanced Graph View

Dividend of Trading Day 2026-05-22


Dividend Yield: N/A
Annualized Dividend: $1.844*
Dividend Yield (TTM): 8.2%
Annualized Dividend (TTM): $1.844
Ex-Dividend Date: 2026-04-06
Dividend Date: 2026-04-15
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest REIT Press Releases


See more Press Releases for National Healthcare Properties, Inc.

Key Stats of Trading Day 2026-05-22


Market Capitalization: N/A [?]
EBITDA: $108,165,000 [?]
P/E (Price-to-Earnings) Ratio: N/A [?]
PEG (Price/Earnings to Growth) Ratio: N/A [?]
Book Value: 21.11 [?]
Dividend Per Share (DPS): N/A [?]
Earnings Per Share (EPS): N/A [?]
Revenue Per Share (TTM): $12.08 [?]
Profit Margin: -17.60% [?]
Operating Margin (TTM): 11.70% [?]
Return on Assets (TTM): 1.20% [?]
Return on Equity (TTM): -9.50% [?]
Revenue (TTM): $342,121,000 [?]
Gross Profit (TTM): $128,159,000 [?]
Diluted EPS (TTM): N/A [?]
Quarterly Earnings Growth YOY: N/A [?]
Quarterly Revenue Growth YOY: -0.20% [?]
Trailing P/E: N/A [?]
Forward P/E: N/A [?]
Beta: 545.59 [?]
Price-to-Sales Ratio (TTM): N/A [?]
Price-to-Book (P/B): N/A [?]
Enterprise Value (EV) to Revenue: N/A [?]
EV to EBITDA: N/A [?]
Shares Outstanding: N/A [?]
52 Week High: $22.40 [?]
52 Week Low: $12.10 [?]
50 Day Moving Average: $20.44 [?]
200 Day Moving Average: $19.10 [?]

Properties Owned by NHPAP


NHPAP Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $15.66 per share you would have been able to buy 63 shares of NHPAP on 2025-05-24 costing $986.58 @ $15.66 per share you would have been able to buy 31 shares of NHPAP on 2025-05-24 costing $485.46 @ $15.66 per share you would have been able to buy 15 shares of NHPAP on 2025-05-24 costing $234.90 @ $15.66 per share you would have been able to buy 6 shares of NHPAP on 2025-05-24 costing $93.96 @ $15.66 per share you would have been able to buy 3 shares of NHPAP on 2025-05-24 costing $46.98
Current worth On 2026-05-22 these 63 shares would be worth $1,411.83 @ $22.41 On 2026-05-22 these 31 shares would be worth $694.71 @ $22.41 On 2026-05-22 these 15 shares would be worth $336.15 @ $22.41 On 2026-05-22 these 6 shares would be worth $134.46 @ $22.41 On 2026-05-22 these 3 shares would be worth $67.23 @ $22.41
Dividends earned $116.16 in dividends would have been earned since 2025-05-24 with 63 shares. $57 in dividends would have been earned since 2025-05-24 with 31 shares. $27.66 in dividends would have been earned since 2025-05-24 with 15 shares. $11.06 in dividends would have been earned since 2025-05-24 with 6 shares. $5.53 in dividends would have been earned since 2025-05-24 with 31 shares.
Net (gain / loss)* 541.41 USD 266.41 USD 128.91 USD 51.56 USD 25.78 USD
ROI** 54.88% 54.88% 54.88% 54.88% 54.88%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by NHPAP. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
NHPAP 2026-04-06 0.461 --- 2026-03-26 2026-04-06 2026-04-15
NHPAP 2026-01-02 0.461 --- 2025-12-19 2026-01-02 2026-01-15
NHPAP 2025-10-03 0.461 --- 2025-09-19 2025-10-03 2025-10-15
NHPAP 2025-07-03 0.461 --- 2025-06-20 2025-07-03 2025-07-15
NHPAP 2025-04-04 0.461 --- 2025-03-26 2025-04-04 2025-04-15
NHPAP 2025-01-03 0.461 --- 2024-12-20 2025-01-03 2025-01-15
NHPAP 2024-10-04 0.461 --- 2024-09-20 2024-10-04 2024-10-15
NHPAP 2024-07-05 0.461 --- 2024-06-21 2024-07-05 2024-07-15
NHPAP 2024-04-04 0.461 --- 2024-03-26 2024-04-05 2024-04-15
NHPAP 2024-01-04 0.461 --- 2023-12-22 2024-01-05 2024-01-16
NHPAP 2023-10-05 0.461 --- 2023-09-22 2023-10-06 2023-10-16
NHPAP 2023-07-05 0.461 --- 2023-06-16 2023-07-06 2023-07-17

Financial Statements Overview


Balance Sheet | Quarterly


Assets 2026-03-31 2025-12-31 QoQ
Current Assets
  Cash and Cash Equivalents at Carrying Value 106,599,000 108,452,000
  Short-Term Investments 0 0
  Cash and Short Term Investments 106,599,000 108,452,000
  Current Net Receivables 30,948,000 30,738,000
  Inventory 0 0
  Other Current Assets 0 0
  Total Current Assets 137,547,000 139,190,000 -1.2%
Non-Current Assets
  Property Plant Equipment 0 0
  Accumulated Depreciation Amortization PPE 0 0
  Long-Term Investments 0 0
  Investments 0 0
  Intangible Assets Excluding Goodwill 0 0
  Goodwill 0 0
  Intangible Assets 0 0
  Other Non-Current Assets 0 0
  Total Non-Current Assets 1,560,515,000 1,572,582,000 -0.8%
  Total Assets 1,698,062,000 1,711,772,000 -0.8%
Liabilities
Current Liabilities
  Current Accounts Payable 42,702,000 44,381,000
  Deferred Revenue 0 0
  Current Debt 0 0
  Short-Term Debt 0 336,682,000
  Current Long-Term Debt 186,000,000 0
  Short Long-Term Debt Total 1,048,551,999 1,087,325,000
  Other Current Liabilities 0 -44,381,000
  Total Current Liabilities 238,967,000 336,682,000 -29.0%
Non-Current Liabilities
  Long-Term Debt Noncurrent 0 0
  Long-Term Debt 849,558,000 0
  Capital Lease Obligations 12,994,000 0
  Other Non-Current Liabilities 0 0
  Total Non-Current Liabilities 1,101,519,000 770,565,000
  Total Liabilities 1,101,519,000 1,107,247,000 -0.5%
Shareholders' Equity
  Common Stock 1,132,000 1,132,000
  Common Stock Shares Outstanding 28,336,000 28,328,000
  Treasury Stock 0 0
  Retained Earnings -1,945,664,000 -1,938,060,000
  Total Shareholder Equity 592,156,000 600,064,000 -1.3%

Amounts in USD ($)

Income Statement | Quarterly


2026-03-31 2025-12-31 QoQ
Total Revenue 86,285,000 84,447,000 2.2%
  Cost of Revenue   88,394,000   88,961,000
  Cost of Goods and Services Sold   88,394,000   88,961,000
Gross Profit -2,109,000 -4,514,000 -53.3%
  Research and Development   0   0
  Selling General and Administrative   5,467,000   7,901,000
  Depreciation   0   0
  Depreciation and Amortization   17,738,000   15,656,000
  Operating Expenses   -12,460,000   -136,170,000
Operating Income 10,351,000 5,022,000 106.1%
  EBIT (Earnings Before Interest and Tax)   10,467,000   -2,210,000
  Investment Income Net   0   0
  Net Interest Income   -14,500,000   0
  Interest Income   171,000   0
  Interest Expense   14,671,000   17,861,000
  Interest and Debt Expense   0   0
  Non Interest Income   0   0
  Other Non Operating Income   0   0
Income Before Tax -4,204,000 -22,703,000 -81.5%
  Income Tax Expense 77,000 101,000
Net Income from Continuing Operations -4,281,000 0
Net Income -4,309,000 -22,696,000 -81.0%
Comprehensive Income Net of Tax 0 0
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) 28,205,000 13,446,000

Amounts in USD ($)

Cash Flow | Quarterly


Cash Flows from Operating Activities 2026-03-31 2025-12-31 QoQ
  Net Income -4,309,000 -22,696,000 -81.0%
  Depreciation, Depletion, and Amortization 17,738,000 19,574,000
  Change in Receivables 0 0
  Change in Inventory 0 0
  Change in Operating Assets 0 0
  Change in Operating Liabilities 0 0
  Payments for Operating Activities 0 0
  Proceeds from Operating Activities 0 0
  Profit Loss 0 0
  Net Cash Provided by Operating Activities 9,013,000 9,959,000 -9.5%
Cash Flows from Investing Activities
  Capital Expenditures 5,265,000 11,773,000
  Net Cash Used in Investing Activities 0 -3,331,000
Cash Flows from Financing Activities
  Proceeds from Issuance of Common Stock 0 0
  Proceeds from Issuance of Preferred Stock 0 0
  Proceeds from Issuance of Long-Term Debt 0 0
  Proceeds from Repurchase of Equity 0 -612,000
  Proceeds from Sale of Treasury Stock 0 0
  Repayment of Short-Term Debt 0 0
  Payments for Repurchase of Common Stock 0 0
  Payments for Repurchase of Preferred Stock 0 0
  Payments for Repurchase of Equity 0 0
  Dividend Payout 3,294,000 3,283,000
  Dividend Payout - Common Stock 3,294,000 3,283,000
  Dividend Payout - Preferred Stock 0 0
  Net Cash Provided by Financing Activities -5,447,000 -712,000 665.0%
Other Items
  Effect of Exchange Rate on Cash 0 0
  Net Increase in Cash and Cash Equivalents 0 0

Amounts in USD ($)

REITRating™ Scorecard

Compare with other REITs | See the complete trend

Rating Dividend Section Avg. Rating
3 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 4.2
7 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 8.1
Rating AFFO & Efficiency Section Avg. Rating
10 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 9.6
7 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 8.6
Rating Leverage Section Avg. Rating
5 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.1
6 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.7
Rating Asset & Revenue Section Avg. Rating
8 G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. 6.7
7 G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. 7.2
5 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.6
3 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
Rating Market Cap Section Avg. Rating
7 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.3
3.2 Overall REITRating™ Score (See trend) 5.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

Related REITs


REIT REITRating™ Score Exchange Market Capitalization Sector Country
American Realty Capital Healthcare Trust III, Inc (1609234) N/A N/A N/A Health Care United States
Carter Validus Mission Critical REIT (1482974) N/A N/A N/A Health Care Data Centers United States
CNL Healthcare Properties II, Inc (1648383) N/A N/A N/A Health Care United States
Four Springs Capital Trust (1558536) N/A N/A N/A Industrial Office Retail Health Care United States
Griffin-American Healthcare REIT III, Inc (1566912) N/A N/A N/A Health Care United States

Last updated: 2026-05-24 - v7.2.2