National Health Stock Price, News & Analysis

W. Andrew "Andy" Adams, son of NHC founder Dr. Carl Adams, has announced his retirement from the National HealthCare Corporation (NYSE American: NHC) Board of Directors, effective May 8, 2025. Adams had a distinguished career at NHC spanning over three decades, joining as an Executive Officer in 1972 and serving as President (1974-2004) and CEO (1981-2004). During his leadership tenure, NHC experienced significant growth, with revenue reaching $521 million in 2004 and market capitalization expanding from $57 million in 1983 to $431 million in 2004. Adams also served as Board Chairman from 1994 to 2008, contributing to NHC's development as a leader in senior healthcare.

National HealthCare Corporation (NYSE American: NHC) has announced a quarterly dividend increase of 4.9%, raising the payment to 64 cents per common share. The dividend will be paid on August 1, 2025, to shareholders of record as of June 30, 2025. NHC, recognized as the nation's oldest publicly traded long-term health care company, maintains its commitment to shareholder returns while acknowledging various business risks including regulatory changes, litigation, Medicare and Medicaid payment adjustments, and economic conditions.

National HealthCare (NYSE American: NHC) reported strong financial results for 2024, with net operating revenues and grant income reaching $1.31 billion, a 14.5% increase from 2023's $1.14 billion. The growth was driven by a 9.4% increase in same-facility revenues and the strategic acquisition of White Oak Manor on August 1, 2024, which added 22 healthcare operations to NHC's portfolio.

The company's GAAP net income for 2024 rose to $101.9 million ($6.53 per diluted share), up from $66.8 million ($4.34 per diluted share) in 2023. Adjusted net income, excluding unrealized gains in marketable equity securities, increased 39.9% to $76.9 million ($4.93 per diluted share) from $54.9 million ($3.55 per diluted share) in 2023.

National HealthCare (NYSE American: NHC), the nation's oldest publicly traded long-term health care company, has declared a quarterly dividend of 61 cents per common share. The dividend will be paid on April 25, 2025, to shareholders of record as of March 28, 2025.

The company included standard forward-looking statements cautioning investors about various risks, including potential liabilities, claims, litigation, economic conditions, regulatory changes, Medicare and Medicaid payment adjustments, and other factors that could affect future performance.

National HealthCare (NYSE American: NHC) reported strong financial results for Q3 2024. Net operating revenues and grant income reached $340.2 million, up 17.9% from $288.5 million in Q3 2023. The growth was primarily driven by the August 1, 2024 acquisition of White Oak Manor, which added 21 healthcare facilities. GAAP net income increased to $42.8 million ($2.73 per diluted share) from $10.4 million ($0.68 per share) year-over-year. Adjusted net income rose 50.3% to $19.9 million ($1.27 per diluted share) compared to $13.3 million ($0.86 per share) in Q3 2023.

National HealthCare (NYSE American: NHC) has declared a quarterly dividend of 61 cents per common share. The dividend will be paid on January 31, 2025, to shareholders of record as of December 30, 2024. NHC, which holds the distinction of being the nation's oldest publicly traded long-term health care company, maintains its commitment to shareholder returns through this regular dividend payment.

National HealthCare (NYSE American: NHC) reported strong financial results for Q2 2024. Net operating revenues and grant income increased by 6.4% to $300,658,000 compared to Q2 2023. Excluding governmental stimulus income, supplemental Medicaid payments, and three exited Missouri facilities, same-facility net operating revenues grew by 8.0%. GAAP net income attributable to NHC rose significantly to $26,844,000, up from $16,281,000 in Q2 2023. Adjusted net income also improved to $15,612,000 from $13,658,000 year-over-year. GAAP diluted EPS increased to $1.73 from $1.06, while adjusted diluted EPS rose to $1.00 from $0.89 in the same period last year.

National HealthCare (NYSE American: NHC), the oldest publicly traded long-term health care company in the U.S., has announced a quarterly dividend of 61 cents per common share. This dividend will be paid to shareholders of record on September 30, 2024, with the payment date set for November 1, 2024.

As a long-standing player in the healthcare sector, NHC's consistent dividend payments demonstrate its commitment to providing value to shareholders. This announcement reflects the company's financial stability and confidence in its ongoing operations within the long-term health care industry.

National Healthcare (NYSE American: NHC) has completed the acquisition of the White Oak Senior Living portfolio, expanding its operations in North and South Carolina. The acquisition includes 15 skilled nursing facilities, with three continuing care retirement centers in North Carolina and one facility in South Carolina that includes assisted and independent living units. This strategic move adds 1,928 skilled nursing beds, 48 assisted living units, and 302 independent living units to NHC's operations.

The acquisition marks NHC's entry into North Carolina and strengthens its presence in South Carolina, where it already operates 13 skilled nursing facilities and 5 assisted living communities. NHC CEO Steve Flatt expects the acquisition to be accretive to earnings and create long-term operational efficiencies and synergies within NHC's networks.