National Health Stock Price, News & Analysis

National HealthCare Corporation (NHC) is launching two new behavioral health hospitals in 2022, one in Maryland Heights, Missouri, and another in Knoxville, Tennessee. The Maryland Heights facility will have 16 beds for geriatric patients requiring psychiatric care, while the Knoxville center will offer 64 beds and a full range of services for adults and geriatric patients with mental disorders. This expansion aims to address the growing mental health crisis in America and enhance community care options.

National HealthCare Corporation (NHC) reported net operating revenues of $1,074,302,000 for 2021, marking a 4.5% increase from $1,028,217,000 in 2020, fueled by the acquisition of Caris Healthcare. The company's GAAP net income rose significantly to $138,590,000 in 2021 from $41,871,000 in 2020. Adjusted net income also saw a growth of 7.0%, totaling $62,645,000. For Q4 2021, NHC reported a GAAP net income of $15,788,000, down from $27,550,000 in Q4 2020, although adjusted net income increased by 14.3% to $15,801,000.

National HealthCare Corporation (NHC) announced a quarterly dividend of 55 cents per share, payable on May 2, 2022, to shareholders on record by March 31, 2022. NHC, the oldest publicly traded long-term healthcare company in the U.S., operates 75 skilled nursing centers and numerous assisted living and hospice services. The press release also mentions potential risks and uncertainties regarding future performance due to economic conditions, healthcare regulations, and ongoing litigation. Investors are encouraged to review S.E.C. filings for details.

National HealthCare Corporation (NHC) reported net operating revenues of $276.7 million for the third quarter of 2021, marking a 10.4% increase from $250.6 million in Q3 2020. The revenue rise was attributed to the acquisition of Caris Healthcare. However, NHC experienced a GAAP net loss of $3.35 million, a decline from a net income of $12.85 million year-over-year. Adjusted net income rose 10.5% to $14.88 million, with adjusted diluted earnings per share at $0.96, compared to $0.88 previously.

National HealthCare Corporation (NHC) announced a quarterly dividend of 55 cents per common share, reflecting a 5.8% increase from the previous quarter. The dividends will be payable on February 1, 2022, to shareholders of record on December 31, 2021. As the oldest publicly traded long-term health care company in the U.S., NHC operates numerous skilled nursing facilities and other health-related services. This dividend increase underscores the company's commitment to delivering value to its shareholders.

National HealthCare Corporation (NHC) reported net operating revenues of $263.16 million for Q2 2021, slightly up from $261.64 million in Q2 2020. The company experienced a 4% increase in skilled nursing facility census from April to June 2021 and a 7.5% rise from January to June 2021. GAAP net income surged to $104.88 million compared to $28.32 million in the same quarter last year, driven largely by the acquisition of Caris HealthCare. GAAP diluted EPS for the quarter was $6.80, an increase from $1.84 in Q2 2020.

National HealthCare Corporation (NHC) has announced a quarterly dividend of 52 cents per common share, with a record date of September 30, 2021, payable on November 1, 2021. This decision highlights NHC's ongoing commitment to returning value to shareholders. The company operates 75 skilled nursing facilities and a variety of healthcare services, positioning itself as a leader in the sector. Investors should note that forward-looking statements reveal risks related to economic conditions, regulations, and patient care liabilities that may impact future performance.

On June 11, 2021, National HealthCare Corporation (NHC) completed the acquisition of the remaining interest in Caris Healthcare, L.P. from Norman C. McRae and McRae Investment Company, LLC. NHC previously held a majority stake in Caris, which serves over 1,200 patients daily across 28 locations in five states. This acquisition allows Caris to operate as a wholly owned subsidiary of NHC, enhancing NHC’s continuum of care for seniors.

National HealthCare Corporation (NHC) reported net operating revenues of $250.97 million for Q1 2021, a 2% decline from Q1 2020. The company received CARES Act funding to mitigate COVID-19 impacts. Skilled nursing facility census rose by 3.5% in Q1 2021. GAAP net income was $21.27 million, a recovery from a loss of $26.85 million in Q1 2020. GAAP diluted EPS reached $1.38, up from a loss of $1.76 per share the previous year. Adjusted EPS decreased slightly to $1.08 compared to $1.11 in 2020.