NHC - National HealthCare Corp Stock Price, Fair Value and News

100.21USD+0.87 (+0.88%)Market Closed

Market Summary

USD100.21+0.87

Market Closed

0.88%

NHC Alerts

Big jump in Earnings (Y/Y)

NHC Stock Price

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NHC RSI Chart

NHC Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

18.98

Price/Sales (Trailing)

1.32

Price/Free Cashflow

19.34

NHC Price/Sales (Trailing)

NHC Profitability

Return on Equity

8.78%

Return on Assets

6.16%

Free Cashflow Yield

5.17%

NHC Fundamentals

NHC Revenue

Revenue (TTM)

1.2B

Rev. Growth (Yr)

10.24%

Rev. Growth (Qtr)

-1.24%

NHC Earnings

Earnings (TTM)

81.3M

Earnings Growth (Yr)

132.28%

Earnings Growth (Qtr)

-9%

Breaking Down NHC Revenue

Last 7 days

5.5%

Last 30 days

14.3%

Last 90 days

7.4%

Trailing 12 Months

68.5%

How does NHC drawdown profile look like?

NHC Financial Health

Current Ratio

2.02

NHC Investor Care

Dividend Yield

2.36%

Dividend/Share (TTM)

2.36

Shares Dilution (1Y)

0.52%

Diluted EPS (TTM)

5.27

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.2B	0	0	0
2023	1.1B	1.1B	1.1B	1.1B
2022	1.1B	1.1B	1.1B	1.1B
2021	1.0B	1.0B	1.1B	1.1B
2020	1.0B	1.0B	1.0B	1.0B
2019	985.7M	990.7M	991.4M	996.4M
2018	969.2M	972.6M	977.7M	980.3M
2017	935.6M	946.5M	956.4M	964.7M
2016	913.8M	916.7M	922.6M	926.6M
2015	883.6M	891.9M	899.1M	906.6M
2014	805.1M	829.7M	852.1M	871.7M
2013	765.3M	769.7M	776.1M	789.0M
2012	770.6M	767.5M	759.8M	761.0M
2011	740.3M	754.1M	772.7M	773.5M
2010	0	689.0M	704.8M	720.7M
2009	0	0	0	673.2M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Tracking the Latest Insider Buys and Sells of National HealthCare Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	adams w andrew	acquired	584,400	77.92	7,500	-
May 03, 2024	hassan emil e	acquired	584,400	77.92	7,500	-
May 01, 2024	burgess ernest g iii	acquired	584,400	77.92	7,500	-
May 01, 2024	burgess ernest g iii	sold (taxes)	-584,327	92.02	-6,350	-
Apr 30, 2024	laroche richard f jr	sold (taxes)	-272,701	90.87	-3,001	-
Apr 30, 2024	laroche richard f jr	acquired	584,400	77.92	7,500	-
Mar 12, 2024	flatt ben anderson sr	acquired	201,358	53.94	3,733	senior vp & cio
Mar 12, 2024	dodson vicki l	acquired	201,358	53.94	3,733	sr.vp patient srvcs

Which funds bought or sold NHC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-41.19	-277,965	419,436	-%
May 16, 2024	COMERICA BANK	reduced	-9.75	-43,945	525,732	-%
May 16, 2024	Pineridge Advisors LLC	sold off	-100	-2,680,180	-	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.98	-37,619	1,291,200	-%
May 16, 2024	B. Riley Wealth Advisors, Inc.	reduced	-0.13	-250,328	566,021	0.01%
May 15, 2024	Gotham Asset Management, LLC	new	-	264,439	264,439	-%
May 15, 2024	Quarry LP	new	-	7,655	7,655	-%
May 15, 2024	STEPHENS INC /AR/	unchanged	-	6,308	285,247	-%
May 15, 2024	Mariner, LLC	reduced	-0.68	9,250	604,544	-%
May 15, 2024	TWO SIGMA ADVISERS, LP	reduced	-75.15	-1,026,540	349,687	-%

Are Funds Buying or Selling NHC?

Are funds buying NHC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NHC

No. of Funds

NHC Alerts

Big jump in Earnings (Y/Y)

Unveiling National HealthCare Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 10, 2024	vanguard group inc	10.38%	1,593,829	SC 13G/A
Feb 13, 2024	vanguard group inc	9.91%	1,518,918	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.3%	957,815	SC 13G/A
Jan 08, 2024	blackrock inc.	14.1%	2,160,037	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	5.5%	845,966	SC 13G
Feb 09, 2023	vanguard group inc	9.17%	1,406,408	SC 13G/A
Feb 01, 2023	blackrock inc.	6.2%	949,406	SC 13G/A
Feb 01, 2022	blackrock inc.	5.9%	909,329	SC 13G/A
Feb 10, 2021	vanguard group inc	8.02%	1,231,872	SC 13G/A
Jan 29, 2021	blackrock inc.	6.0%	915,839	SC 13G/A

Recent SEC filings of National HealthCare Corp

View All Filings

Date Filed	Form Type	Document
May 15, 2024	8-K	Current Report
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 10, 2024	8-K	Current Report
May 10, 2024	8-K	Current Report

Peers (Alternatives to National HealthCare Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
UNH	482.9B	379.5B	9.53%	9.48%	31.44	1.27	12.96%	-25.81%
CI	96.2B	206.0B	-2.11%	32.08%	24.97	0.47	12.55%	-43.95%
HCA	84.6B	66.7B	3.80%	15.55%	15.46	1.27	9.59%	-4.59%
CVS	72.4B	360.9B	-15.92%	-16.78%	9.89	0.2	9.07%	78.49%
CNC	41.7B	155.5B	8.44%	18.66%	15.24	0.27	6.34%	84.42%
DVA	12.3B	12.3B	9.53%	38.52%	15.03	0.99	5.77%	58.74%
UHS	11.9B	14.7B	11.04%	30.82%	14.63	0.81	7.99%	19.23%
MID-CAP
CHE	8.5B	2.3B	-6.47%	5.37%	30.15	3.73	5.96%	18.29%
ACHC	6.2B	3.0B	-5.49%	-7.73%	-545.12	2.06	10.92%	-104.06%
AMEH	2.3B	1.5B	9.06%	20.53%	36.62	1.57	19.34%	40.15%
AMN	2.2B	3.5B	4.01%	-38.44%	15.49	0.64	-27.67%	-62.43%
SMALL-CAP
ADUS	1.8B	1.1B	14.53%	25.72%	27.59	1.67	11.45%	30.74%
BKD	1.3B	3.0B	6.97%	85.25%	-7.66	0.44	4.98%	4.88%
BEAT	54.5M	-	-4.17%	-6.33%	-3.61	-	-	-1.05%
AMS	22.0M	21.6M	16.05%	23.93%	39.79	1.02	9.04%	-50.63%

National HealthCare Corp News

Latest updates

National HealthCare Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.2%	297	301	288	283	270	265	271	271	279	283	277	263	251	260	251	262	256	254	247	247	248
Costs and Expenses	0.3%	282	281	275	269	260	256	267	267	265	274	264	249	236	247	244	249	240	237	240	237	233
Interest Expenses	-17.9%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00
Income Taxes	8.8%	9.00	9.00	4.00	6.00	4.00	2.00	-1.14	1.00	5.00	5.00	-4.09	3.00	7.00	10.00	0.00	10.00	-9.62	5.00	3.00	5.00	7.00
Net Income	-9.0%	26.00	29.00	10.00	16.00	11.00	7.00	-2.43	2.00	15.00	16.00	-3.35	105	21.00	27.00	13.00	29.00	-26.82	14.00	19.00	14.00	21.00
Net Income Margin	19.6%	0.07*	0.06*	0.04*	0.03*	0.02*	0.02*	0.03*	0.03*	0.12*	0.13*	0.14*	0.16*	-	-	-	-	-	-	-	-	-
Free Cashflow	-78.5%	4.00	17.00	26.00	33.00	7.00	6.00	-9.51	18.00	-36.42	2.00	-5.88	19.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.7%	1,320	1,311	1,282	1,281	1,265	1,275	1,296	1,350	1,357	1,403	1,416	1,457	1,355	1,362	1,339	1,335	1,256	1,287	1,307	1,315	1,312
Current Assets	2.8%	418	406	383	369	338	354	345	395	384	427	425	466	465	457	422	390	307	341	351	322	327
Cash Equivalents	13.1%	121	107	100	78.00	46.00	59.00	45.00	76.00	57.00	108	112	135	134	147	184	149	69.00	50.00	59.00	30.00	38.00
Inventory	-8.4%	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	9.00	9.00	9.00	8.00	8.00	9.00	7.00	7.00	8.00	7.00	8.00	7.00	7.00
Net PPE	-0.9%	489	493	498	502	503	507	511	516	520	521	522	520	514	520	531	536	541	535	540	545	533
Goodwill	0%	168	168	168	168	168	168	168	168	168	168	168	168	168	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00
Liabilities	-1.8%	393	400	395	394	385	398	414	448	446	495	514	544	545	564	562	566	513	508	535	554	562
Current Liabilities	-3.8%	206	214	205	198	183	198	210	224	216	263	258	273	266	281	260	262	218	195	181	172	170
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30.00	55.00	55.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50.00	10.00	-	-	-
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30.00	55.00	55.00
Shareholder's Equity	2.0%	927	909	885	886	880	874	881	903	911	908	902	913	810	798	777	769	743	779	772	760	751
Retained Earnings	2.5%	705	688	668	667	660	657	659	670	676	669	662	673	576	563	543	539	518	553	547	536	530
Additional Paid-In Capital	-0.3%	227	228	227	226	225	227	229	234	233	232	231	230	227	227	226	225	224	223	221	221	220
Accumulated Depreciation	-5.2%	577	608	604	595	585	575	565	561	553	543	541	530	520	510	511	503	492	482	471	465	455
Shares Outstanding	0.3%	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	-	-	-	-	-	-	-	-	-
Minority Interest	2.2%	2.00	2.00	2.00	2.00	3.00	3.00	4.00	5.00	6.00	5.00	6.00	6.00	3.00	3.00	3.00	1.00	1.00	0.00	0.00	1.00	1.00
Float	-	-	-	-	546	-	-	-	720	-	-	-	605	-	-	-	605	-	-	-	858	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-62.5%	9,646	25,733	32,305	39,321	13,857	11,934	-1,977	26,242	-27,457	15,523	6,749	27,533	12,589	19,359	29,173	146,973	7,754	25,219	35,712	27,571	11,601
Share Based Compensation	19.6%	793	663	708	772	639	632	639	629	712	715	726	683	496	646	518	823	466	430	340	684	424
Cashflow From Investing	76.3%	-2,415	-10,186	-5,135	-820	-1,427	2,832	-647	-2,243	-5,920	-13,052	-20,842	-26,143	-5,852	-48,605	3,294	-2,342	-16,225	-4,442	1,547	-8,423	-2,947
Cashflow From Financing	-22.7%	-12,067	-9,834	-9,820	-10,272	-12,619	-12,101	-16,744	-8,347	-10,450	-9,495	-9,727	-6,894	-9,148	-8,370	-7,128	-58,032	31,641	-27,849	-35,083	-7,941	-8,875
Dividend Payments	-100.0%	-	9,040	9,039	8,733	8,748	8,774	8,828	8,509	8,493	8,020	8,020	8,002	7,988	7,986	7,987	7,980	7,968	7,968	7,965	7,652	7,623
Buy Backs	-	9,900	-	-	-	2,482	2,996	6,761	-	146	558	-	-	278	-	-	-	53.00	-	-	-	872

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NHC Income Statement

2024-03-31

Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Net patient revenues	$ 285,823,000	$ 258,007,000
Other revenues	11,353,000	11,556,000
Net operating revenues	297,176,000	269,563,000
Costs and expenses:
Salaries, wages, and benefits	183,138,000	167,824,000
Other operating	77,429,000	71,489,000
Facility rent	10,348,000	10,092,000
Depreciation and amortization	10,586,000	10,048,000
Interest	46,000	98,000
Total costs and expenses	281,547,000	259,551,000
Income from operations	15,629,000	10,012,000
Other income:
Non–operating income	5,685,000	4,323,000
Unrealized gains on marketable equity securities	14,399,000	1,386,000
Income before income taxes	35,713,000	15,721,000
Income tax provision	(9,462,000)	(4,436,000)
Net income	26,251,000	11,285,000
Net (income)/loss attributable to noncontrolling interest	(38,000)	438,000
Net income attributable to National HealthCare Corporation	$ 26,213,000	$ 11,723,000
Earnings per share attributable to National HealthCare Corporation stockholders:
Basic (in dollars per share)	$ 1.71	$ 0.76
Diluted (in dollars per share)	$ 1.69	$ 0.76
Basic (in shares)	15,350,240	15,337,423
Diluted (in shares)	15,505,096	15,356,335
Dividends declared per common share (in dollars per share)	$ 0.59	$ 0.57

NHC Balance Sheet

2024-03-31

Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 93,982,000	$ 107,076,000
Restricted cash and cash equivalents, current portion	26,010,000	17,725,000
Marketable equity securities	123,040,000	111,117,000
Marketable debt securities	484,000	5,427,000
Restricted marketable equity securities	29,616,000	26,779,000
Restricted marketable debt securities, current portion	4,790,000	12,822,000
Accounts receivable	125,664,000	108,545,000
Inventories	6,763,000	7,386,000
Prepaid expenses and other assets	6,750,000	8,855,000
Notes receivable	487,000	503,000
Total current assets	417,586,000	406,235,000
Property and Equipment:
Property and equipment, at cost	1,065,543,000	1,101,681,000
Accumulated depreciation and amortization	(576,845,000)	(608,352,000)
Net property and equipment	488,698,000	493,329,000
Other Assets:
Restricted cash and cash equivalents, less current portion	1,140,000	1,167,000
Restricted marketable debt securities, less current portion	119,042,000	109,478,000
Deposits and other assets	13,738,000	14,786,000
Operating lease right-of-use assets	87,356,000	94,201,000
Goodwill	168,295,000	168,295,000
Intangible assets	7,038,000	7,038,000
Investments in unconsolidated companies	16,747,000	16,267,000
Total other assets	413,356,000	411,232,000
Total assets	1,319,640,000	1,310,796,000
Current Liabilities:
Trade accounts payable	20,697,000	19,194,000
Finance lease obligations, current portion	0	860,000
Operating lease liabilities, current portion	29,733,000	29,352,000
Accrued payroll	64,156,000	84,110,000
Amounts due to third party payors	19,988,000	18,369,000
Accrued risk reserves, current portion	30,800,000	30,549,000
Other current liabilities	24,302,000	22,991,000
Contract liabilities	7,667,000	0
Dividends payable	9,086,000	9,051,000
Total current liabilities	206,429,000	214,476,000
Operating lease liabilities, less current portion	56,004,000	63,175,000
Accrued risk reserves, less current portion	77,437,000	72,710,000
Refundable entrance fees	5,708,000	6,376,000
Deferred income taxes	19,639,000	17,200,000
Other noncurrent liabilities	27,909,000	26,379,000
Total liabilities	393,126,000	400,316,000
Equity:
Common stock, $.01 par value; 45,000,000 shares authorized; 15,399,724 and 15,350,661 shares, respectively, issued and outstanding	154,000	153,000
Capital in excess of par value	226,909,000	227,604,000
Retained earnings	704,726,000	687,599,000
Accumulated other comprehensive loss	(7,041,000)	(6,604,000)
Total National HealthCare Corporation stockholders’ equity	924,748,000	908,752,000
Noncontrolling interest	1,766,000	1,728,000
Total equity	926,514,000	910,480,000
Total liabilities and equity	$ 1,319,640,000	$ 1,310,796,000

About National HealthCare Corp

National HealthCare Corporation operates, manages, and provides services to skilled nursing facilities, assisted living facilities, independent living facilities, homecare and hospice agencies, and a behavioral health hospital. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities. The company's medical specialty units comprise memory care units and sub-cute nursing units that provide specialized care and programs for persons with Alzheimer's or related disorders; and assisted living facilities offer personal care services and assistance with general activities of daily living, such as dressing, bathing, meal preparation, and medication management. It also offers independent living facilities that offer specially designed residential units for the active and ambulatory elderly and provide various ancillary services for residents, including restaurants, activity rooms and social areas; and behavioral health services to both adults and geriatric patients with psychiatric, emotional, and addictive disorders. In addition, the company operates homecare agencies that assist those who wish to stay at home or in assisted living residences but still require some degree of medical care or assistance with daily activities; hospice agencies that provides hospice and palliative care; and pharmacies, as well as managed care insurance solutions. Further, it offers management, accounting, and financial services; and leases its properties to third party operators. National HealthCare Corporation was founded in 1971 and is based in Murfreesboro, Tennessee.

CEO	Dr. Stephen Fowler Flatt
WEBSITE	nhccare.com
INDUSTRY	Healthcare Plans
EMPLOYEES	12355

National HealthCare Corp Frequently Asked Questions

What is the ticker symbol for National HealthCare Corp? What does NHC stand for in stocks?

NHC is the stock ticker symbol of National HealthCare Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of National HealthCare Corp (NHC)?

As of Fri May 17 2024, market cap of National HealthCare Corp is 1.54 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NHC stock?

You can check NHC's fair value in chart for subscribers.

What is the fair value of NHC stock?

You can check NHC's fair value in chart for subscribers. The fair value of National HealthCare Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of National HealthCare Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NHC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is National HealthCare Corp a good stock to buy?

The fair value guage provides a quick view whether NHC is over valued or under valued. Whether National HealthCare Corp is cheap or expensive depends on the assumptions which impact National HealthCare Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NHC.

What is National HealthCare Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NHC's PE ratio (Price to Earnings) is 18.98 and Price to Sales (PS) ratio is 1.32. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NHC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on National HealthCare Corp's stock?

In the past 10 years, National HealthCare Corp has provided 0.091 (multiply by 100 for percentage) rate of return.