National Healthcare Properties (HLTC) AI Stock Analysis

• Market Cap: $222.07M
• Dividend Yield: N/A
• Average Volume (3M): 413.00
• Price to Earnings (P/E): ―
• Beta (1Y): -1.97
• Revenue Growth: -0.99%
• EPS Growth: 49.89%
• Country: US
• Employees: 26
• Sector: Real Estate
• Sector Strength: 48
• Industry: REIT - Healthcare Facilities
• EPS (TTM): -0.18
• Shares Outstanding: 28,296,438
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 413
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 5.35
• Enterprise Value/Revenue: 3.38
• Enterprise Value/Gross Profit: 183.54
• Enterprise Value/Ebitda: -22.57
• 1Y Price Target: $7.50
• Price Target Upside: -4.46% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 44 Neutral
• Price Target: $7.50 ▼(-4.46% Downside)

The overall stock score is primarily influenced by significant financial challenges, including declining revenues and high leverage, which pose risks to financial stability. Technical indicators suggest weak momentum, and the negative P/E ratio reflects ongoing losses. Despite recent positive corporate events, the overall outlook remains cautious.

National Healthcare Properties Business Overview & Revenue Model

Company Description

National Healthcare Properties (HLTC) is a real estate investment trust (REIT) that focuses on acquiring, owning, and managing healthcare-related properties across the United States. The company primarily operates in sectors such as senior housing, skilled nursing facilities, and medical office buildings. HLTC provides essential real estate services that support healthcare providers, ensuring that they have the facilities needed to deliver quality care to their patients.

How the Company Makes Money

National Healthcare Properties generates revenue primarily through leasing its properties to healthcare operators under long-term agreements. The company earns rental income from these leases, which typically include provisions for rent escalations tied to inflation or other economic indicators. Additionally, HLTC may benefit from property appreciation over time, enhancing its asset value. The company may also engage in strategic partnerships with healthcare operators, such as management agreements or joint ventures, which can provide additional revenue streams through profit-sharing arrangements. Factors contributing to its earnings include the growing demand for healthcare services driven by an aging population, the stability of long-term lease agreements, and the diversification of its property portfolio across various healthcare sectors.

National Healthcare Properties Financial Statement Overview

Summary

National Healthcare Properties faces significant financial challenges, with declining revenues, persistent net losses, and high leverage. While the company has substantial assets, the negative cash flow trends and high debt levels pose risks to financial stability. Strategic improvements in operational efficiency and revenue growth are necessary to enhance financial health.

Income Statement

The company has experienced declining revenue over the past few years, with a negative revenue growth rate of -7.29% from 2020 to 2024. Gross profit margins have also decreased slightly, indicating pressure on profitability. The company has consistently reported negative net income, leading to negative net profit margins. The EBIT and EBITDA margins have been negative in recent years, highlighting operational challenges.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio, indicating significant leverage, which poses a risk in a rising interest rate environment. The equity ratio has been declining, suggesting reduced financial stability. However, the company maintains a reasonable level of total assets, which could provide some buffer against financial distress.

Cash Flow

The cash flow statement reveals negative free cash flow in recent years, indicating challenges in generating cash from operations. The operating cash flow to net income ratio is negative due to consistent net losses, reflecting operational inefficiencies. Free cash flow growth has been negative, further emphasizing cash flow constraints.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	351.90M	353.79M	345.93M	335.85M	329.36M	381.61M
Gross Profit	6.47M	132.65M	128.13M	122.40M	123.54M	138.06M
EBITDA	-52.64M	-22.36M	76.87M	54.38M	42.59M	61.12M
Net Income	-179.16M	-189.70M	-72.30M	-79.62M	-85.18M	-75.81M
Balance Sheet
Total Assets	1.83B	1.95B	2.15B	2.18B	2.21B	2.29B
Cash, Cash Equivalents and Short-Term Investments	71.38M	21.65M	46.41M	53.65M	59.74M	72.36M
Total Debt	1.08B	1.15B	1.18B	1.12B	1.09B	1.23B
Total Liabilities	1.15B	1.26B	1.24B	1.18B	1.17B	1.33B
Stockholders Equity	674.58M	684.56M	894.15M	992.64M	1.03B	956.99M
Cash Flow
Free Cash Flow	-126.03M	-101.75M	-773.00K	302.00K	19.81M	19.91M
Operating Cash Flow	-103.62M	-79.85M	21.62M	28.30M	38.88M	41.81M
Investing Cash Flow	154.23M	63.97M	-62.82M	-41.78M	-47.92M	-82.49M
Financing Cash Flow	-619.00K	-1.35M	55.97M	4.64M	4.08M	19.43M

National Healthcare Properties Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HLTC, the sentiment is Negative. The current price of 7.85 is below the 20-day moving average (MA) of 7.95, below the 50-day MA of 8.33, and above the 200-day MA of 7.03, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 38.16 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HLTC.

National Healthcare Properties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STRW	72 Outperform	$141.75M	18.14	51.91%	5.17%	24.72%	30.05%
Sector *	63 Neutral	$6.82B	13.32	-1.02%	7.20%	3.67%	-27.43%
GMRE	61 Neutral	$491.12M	100.30	1.94%	11.56%	0.90%	―
UHT	61 Neutral	$550.11M	30.64	10.08%	7.66%	0.14%	-0.76%
CHCT	55 Neutral	$418.98M	―	-2.22%	12.94%	2.96%	-877.53%
DHC	54 Neutral	$878.75M	―	-14.32%	1.15%	4.29%	18.89%
HLTC	44 Neutral	$222.07M	―	-11.41%	―	-0.99%	49.89%

National Healthcare Properties Corporate Events

National Healthcare Properties Approves 2025 Incentive Plan

On May 22, 2025, National Healthcare Properties, Inc. held its annual meeting where stockholders approved the 2025 Omnibus Incentive Compensation Plan. This plan allows directors and employees to participate, with a total of 1,900,000 shares available for issuance, plus an additional 6.5% of shares from future offerings until the initial public offering. The plan will expire on May 22, 2035. Additionally, stockholders re-elected directors and ratified PricewaterhouseCoopers LLP as the independent accounting firm for 2025.

National Healthcare Properties Reports Q1 2025 Financial Improvement

In the first quarter of 2025, National Healthcare Properties, Inc. reported improved financial performance with a significant reduction in net loss and increased funds from operations. The company executed strategic dispositions, reducing net leverage and enhancing its financial position, while continuing preparations for a public listing and future equity offerings.