National Health Stock Price, News & Analysis

National HealthCare Corporation (NHC) reported net operating revenues and grant income of $1,085,738,000 for the year ended December 31, 2022, a 1.1% increase from $1,074,302,000 in 2021. However, the company experienced a significant decline in net income, reporting $22,445,000 in 2022 compared to $138,590,000 the previous year. Adjusted diluted EPS also fell from $4.06 to $2.42. The decrease in earnings is attributed to a $51.9 million reduction in government stimulus income. For Q4 2022, NHC reported net income of $6,353,000 versus $15,788,000 in Q4 2021, reflecting a similar trend.

National HealthCare Corporation (NHC) announced a quarterly dividend of 57 cents per common share, payable on May 1, 2023, to shareholders on record as of March 31, 2023. This marks a continued commitment to shareholder returns amidst ongoing industry challenges. NHC operates numerous healthcare facilities and services, making it a significant player in the long-term care sector. Investors are reminded that forward-looking statements come with inherent risks and uncertainties, including legal liabilities and changes in regulatory environments, as detailed in SEC filings.

National HealthCare Corporation (NHC) has announced a quarterly dividend of 57 cents per common share. This dividend is set for shareholders of record on December 30, 2022, with a payment date of February 1, 2023. NHC, the oldest publicly traded long-term health care company in the U.S., operates numerous healthcare facilities including 68 skilled nursing facilities and 23 assisted living communities. The company emphasizes the importance of understanding risks associated with forward-looking statements in its press release.

National HealthCare Corporation (NHC) reported net operating revenues of $270.8 million for Q3 2022, down 2.1% from $276.7 million in Q3 2021. This drop was primarily due to a $10.4 million decrease in government stimulus income and the exit from seven skilled nursing facilities. However, same-facility net operating revenues rose by 3.8%. NHC's net loss attributable to the company was $2.4 million for Q3 2022, an improvement from $3.3 million a year ago. Adjusted net income fell to $7.8 million, down from $14.9 million.

National HealthCare Corporation (NHC) has authorized a new stock repurchase program of up to $25 million. This program will commence on August 11, 2022 and end on August 10, 2023, replacing the previous plan from August 2019. The repurchases will be conducted based on market conditions and may include open market purchases and private agreements. Funding will come from available cash and potential capital sources. NHC plans to provide updates on repurchases with their operational reports.

National HealthCare Corporation (NHC) reported net operating revenues of $271.36 million for Q2 2022, a 3.1% increase from $263.16 million in Q2 2021. This growth was attributed to rising occupancy rates in skilled nursing facilities and the acquisition of Caris HealthCare. However, the company faced a $14.8 million decline in government stimulus income compared to last year. GAAP net income fell to $3.20 million from $104.88 million, while adjusted net income decreased to $7.17 million from $15.08 million. GAAP diluted EPS dropped to $0.21 from $6.80 in Q2 2021.

National HealthCare Corporation (NYSE: NHC) announced a quarterly dividend of 57 cents per share for shareholders on record as of September 30, 2022, with payment scheduled for November 1, 2022. This dividend reflects the company's commitment to returning value to its investors amid evolving market challenges.

Investors should note that the company has indicated potential risks and uncertainties affecting its future performance, which are detailed in its SEC filings.

National HealthCare Corporation (NHC) reported net operating revenues and grant income of $278.98 million for Q1 2022, up 11.2% from $250.97 million in Q1 2021. This growth was fueled by increased occupancy in skilled nursing facilities and the acquisition of Caris Healthcare. However, GAAP net income fell to $15.32 million from $21.27 million year-over-year, with adjusted net income at $14.08 million, down from $16.59 million. GAAP diluted EPS was $0.99, down from $1.38 in the previous year, largely due to reduced government stimulus and rising labor costs.

National HealthCare Corporation (NHC) announced a quarterly dividend of 57 cents per common share, reflecting a 3.6% increase from the previous quarter. Shareholders of record on June 30, 2022 will receive this payment on August 1, 2022. NHC operates 75 skilled nursing centers, 24 assisted living communities, and other healthcare services across the nation, emphasizing its established position as the oldest publicly traded long-term healthcare company.