NHPBP
NHPBP 2-star rating from Upturn Advisory

National Healthcare Properties, Inc. (NHPBP)

National Healthcare Properties, Inc. (NHPBP) 2-star rating from Upturn Advisory
$18.04
Last Close (24-hour delay)
Profit since last BUY3.86%
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BUY since 36 days
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Upturn Advisory Summary

01/09/2026: NHPBP (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit 33.63%
Avg. Invested days 57
Today’s Advisory Consider higher Upturn Star rating
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Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 01/09/2026
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Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 625.75
52 Weeks Range 11.77 - 16.16
Updated Date 06/28/2025
52 Weeks Range 11.77 - 16.16
Updated Date 06/28/2025
Dividends yield (FY) 13.01%
Basic EPS (TTM) -
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Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -55.98%
Operating Margin (TTM) -9.55%

Management Effectiveness

Return on Assets (TTM) -3.24%
Return on Equity (TTM) -24.03%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1536057344
Price to Sales(TTM) -
Enterprise Value 1536057344
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 28128493
Shares Outstanding -
Shares Floating 28128493
Percent Insiders -
Percent Institutions 19.72

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

National Healthcare Properties, Inc.

National Healthcare Properties, Inc.(NHPBP) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

National Healthcare Properties, Inc. (NHP) is a real estate investment trust (REIT) founded in 1969. It primarily invests in healthcare properties. Over its history, NHP has evolved its portfolio through acquisitions and divestitures to focus on senior living, skilled nursing, and medical office buildings. A significant milestone was its spin-off from Ventas, Inc. in 2016, establishing it as an independent entity.

Company business area logo Core Business Areas

  • Senior Living Facilities: NHP owns and manages a portfolio of senior living properties, including independent living, assisted living, and memory care facilities. These properties are typically leased to operators under long-term triple-net lease agreements.
  • Skilled Nursing Facilities: The company also invests in skilled nursing facilities, which provide rehabilitation and long-term care services. These are also primarily operated by third-party tenants under lease agreements.
  • Medical Office Buildings (MOBs): NHP holds a significant portfolio of medical office buildings, which are leased to healthcare providers and hospital systems for outpatient services and physician practices.

leadership logo Leadership and Structure

NHP is managed by a Board of Trustees and a management team responsible for its strategic direction and operations. The company operates as a REIT, which allows it to avoid corporate income tax if it distributes at least 90% of its taxable income to shareholders annually.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Real Estate Leases (Senior Living, SNF, MOBs): NHP's primary 'product' is its portfolio of healthcare real estate assets, leased to operators. While specific revenue breakdowns by property type are not always publically detailed as separate product lines, the company derives its revenue from rental income from these leased properties. Market share data for NHP's specific offerings within these diverse sub-sectors is fragmented. Major competitors in the senior living and skilled nursing space include Ventas, Inc., Welltower Inc., and Genesis HealthCare. For MOBs, competitors include Healthcare Realty Trust and Sabra Health Care REIT.

Market Dynamics

industry overview logo Industry Overview

The healthcare real estate industry is influenced by demographic trends, an aging population, evolving healthcare delivery models, and regulatory changes. The demand for senior living and skilled nursing facilities is expected to grow with the aging baby boomer generation, while medical office buildings benefit from increasing outpatient services.

Positioning

NHP is a well-established player in the healthcare REIT sector, known for its diversified portfolio across different healthcare property types. Its long-term lease structures provide stable rental income. Its competitive advantage lies in its scale, established relationships with operators, and its focus on critical healthcare infrastructure.

Total Addressable Market (TAM)

The TAM for healthcare real estate is substantial, encompassing senior housing, skilled nursing, hospitals, and medical office buildings. Estimates vary widely, but the market is valued in the hundreds of billions of dollars globally. NHP is positioned as a significant owner of senior living, skilled nursing, and medical office properties within the US, capturing a portion of this vast market through its existing portfolio and strategic acquisitions.

Upturn SWOT Analysis

Strengths

  • Diversified portfolio across senior living, skilled nursing, and medical office buildings.
  • Stable revenue streams from long-term triple-net leases.
  • Experienced management team and established industry relationships.
  • Strong dividend history.

Weaknesses

  • Dependence on a limited number of key tenants.
  • Exposure to operational risks of tenants.
  • Potential for regulatory changes impacting healthcare providers.
  • Capital intensive nature of real estate ownership.

Opportunities

  • Growing demand for senior living and care due to aging demographics.
  • Expansion into new markets and property types.
  • Consolidation opportunities within the fragmented healthcare real estate market.
  • Potential for growth in outpatient healthcare services.

Threats

  • Interest rate increases impacting borrowing costs and property valuations.
  • Tenant defaults or bankruptcies.
  • Increased competition from other REITs and private equity firms.
  • Changes in healthcare reimbursement policies.

Competitors and Market Share

Key competitor logo Key Competitors

  • Ventas, Inc. (VTR)
  • Welltower Inc. (WELL)
  • Sabra Health Care REIT (SBRA)

Competitive Landscape

NHP competes with other large healthcare REITs for acquisition opportunities and attractive tenants. Its advantages include a diversified portfolio, while disadvantages can arise from its reliance on specific operator relationships and the capital-intensive nature of its business.

Growth Trajectory and Initiatives

Historical Growth: NHP has historically grown through strategic acquisitions of healthcare properties. Its growth has been tied to the expansion of the healthcare sector and its ability to secure favorable lease agreements.

Future Projections: Future growth projections for NHP often depend on analyst estimates based on industry trends, interest rate outlooks, and the company's acquisition pipeline. Expected growth in the senior living and medical office sectors is a positive indicator.

Recent Initiatives: Recent initiatives may include portfolio optimization through acquisitions and dispositions, strengthening tenant relationships, and exploring opportunities in emerging healthcare real estate segments.

Summary

National Healthcare Properties, Inc. is a stable healthcare REIT with a diversified portfolio in senior living, skilled nursing, and medical office buildings. Its long-term lease structure provides reliable income, and its positioning in an aging demographic market offers growth potential. However, it faces threats from interest rate hikes, tenant solvency, and competition, necessitating prudent management and strategic acquisitions to maintain its strong performance.

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Sources and Disclaimers

Data Sources:

  • Company Financial Reports (10-K, 10-Q)
  • Investor Relations Websites
  • Financial News and Analysis Outlets
  • Industry Research Reports

Disclaimers:

This information is for informational purposes only and does not constitute financial advice. Market share data is estimated and may vary. Past performance is not indicative of future results. Investors should conduct their own due diligence before making investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About National Healthcare Properties, Inc.

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2021-10-04
President, CEO & Director Mr. Michael R. Anderson
Sector Real Estate
Industry REIT - Healthcare Facilities
Full time employees 26
Full time employees 26

National Healthcare Properties, Inc. (including, as required by context, National Healthcare Properties Operating Partnership, L.P. (the "OP") and its subsidiaries, the "Company") is a real estate investment trust ("REIT") 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 ("OMFs") and senior housing operating properties ("SHOPs"). As of March 31, 2025, the Company owned 181 properties (including one land parcel) located in 30 states and comprised of 7.6 million rentable square feet. Substantially all of the Company's business is conducted through the OP and its wholly-owned subsidiaries, including taxable REIT subsidiaries ("TRSs"). Prior to the consummation of the Internalization (as defined below) on September 27, 2024, the Company's former advisor, Healthcare Trust Advisors, LLC (the "Advisor"), managed its day-to-day business with the assistance of its property manager, Healthcare Trust Properties, LLC (the "Property Manager"); the Advisor and Property Manager were under common control with AR Global Investments, LLC (the "Advisor Parent"), 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 March 31, 2025, the Company owned 44 SHOPs using the REIT Investment Diversification and Empowerment Act of 2007 ("RIDEA") 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 March 31, 2025, the Company had four eligible independent contractors operating 44 SHOPs. The Company has two operating and reportable business segments: outpatient medical facilities (OMFs) and senior housing operating properties (SHOPs). All of the Company's properties across both business segments