National Healthcare (NHC)

NHC affiliates operate for themselves and third parties 75 skilled nursing facilities with 9,433 beds. NHC affiliates also operate 24 assisted living communities, five independent living communities, one behavioral health hospital, and 35 homecare programs. NHC's other services include Alzheimer's and memory care units, hospice services, pharmacy services, a rehabilitation services company, and providing management and accounting services to third party post-acute operators.

Company profile

Ticker

NHC

Exchange

NYSE

Website

www.nhccare.com

CEO

Stephen Flower Flatt

Incorporated

Delaware

Location

Tennessee

Fiscal year end

Dec 31

Sector

Health Care and Social Assistance > General Medical and Surgical Hospitals

Industry (SIC)

Services - Skilled Nursing Care Facilities

Genesis Healthcare • Ensign • AlerisLife • Diversicare Healthcare Services • Long Term Care Operations 360 ...

SEC CIK

0001047335

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

NHC/Delaware, Inc. • NHC/OP, L.P. • National Health Realty, LLC • Premier Group • National Healthcare Center of Fort Oglethorpe, L.P. • NHC HealthCare/Anniston, LLC • NHC Place/Anniston, LLC • NHC HealthCare/Moulton, LLC • Premier Plus Insurance Co. • Knoxville Center for Behavioral Medicine, LLC ...

IRS number

522057472

NHC stock data

1M 1Y 5Y

News

From Benzinga Pro

5 Value Stocks To Watch In The Healthcare Sector

27 Jun 22

What Defines a Value Stock?

Sector Rotation And 9 Stocks To Watch During A Recession

18 May 22

Is the United States heading toward a recession? This has been the looming question on the minds of Americans since inflation topped at 8.5% in March, matched with other indicators such as rising interest rates and the bond market’s inverted yield curve.

27 Recession-Resistant Stocks To Look At Now

9 May 22

When we enter a period of economic uncertainty, the phrase "recession-proof stocks" is tossed about, but really the only certainty is that recession-proof stocks do not exist. On the other hand, recession-resistant companies are what a savvy investor searches for during the absence of a bull market, as we are now.

National Healthcare Q1 Adj. EPS $0.91 Down From $1.08 YoY, Sales $278.98M Up From $250.97M YoY

6 May 22

Overview Of Value Stocks In The Healthcare Sector

4 Apr 22

Press releases

From Benzinga Pro

NHC Reports First Quarter 2022 Earnings

6 May 22

National HealthCare Corporation (NYSE American: NHC), the nation's oldest publicly traded senior health care company, announced today net operating revenues and grant income for the quarter ended March 31, 2022

A Potential Small-Cap Rising Star in the Telehealth and Long-term Care Markets (TDOC, RXMD, BKD, ENSG, NHC, GNW, SNDA, CVS)

6 May 22

There are two major themes that could define the healthcare industry over the coming decade: Telehealth and Remote Patient Monitoring, or RPM/RTM. And they both coalesce around the long-term care and assisted living

Calendar

4 May 22

29 Jun 22

31 Dec 22

Financial summary

Financial statements Chart NHC financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	75.92M	75.92M	75.92M	75.92M	75.92M	75.92M
Cash burn (monthly)	14.61M	6.68M	(no burn)	(no burn)	9.15M	(no burn)
Cash used (since last report)	43.31M	19.81M	n/a	n/a	27.13M	n/a
Cash remaining	32.61M	56.11M	n/a	n/a	48.78M	n/a
Runway (months of cash)	2.2	8.4	n/a	n/a	5.3	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

NHC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
18 May 22	Adams Robert G	Shares of Common Stock - Partnership	Option exercise	Acquire M	Yes	No	64.64	1,934	125.01K	430,341
18 May 22	Adams Robert G	Option to Purchase Common Stock Common Stock	Option exercise	Dispose M	No	No	64.64	1,934	125.01K	5,566
11 May 22	Abernathy James Paul	Shares of Common Stock	Option exercise	Acquire M	No	No	61.9	2,020	125.04K	29,214
11 May 22	Abernathy James Paul	Option to Purchase Common Stock Common Stock	Option exercise	Dispose M	No	No	61.9	2,020	125.04K	3,460
5 May 22	Sandra Y. Trail	Option to Purchase Common Stock [2022 Grant] Common Stock	Grant	Acquire A	No	No	69.19	7,500	518.93K	7,500
5 May 22	Abernathy James Paul	Option to Purchase Common Stock [2022 Grant] Common Stock	Grant	Acquire A	No	No	69.19	7,500	518.93K	7,500
5 May 22	Burgess Ernest G Iii	Option to Purchase Common Stock [2022 Grant] Common Stock	Grant	Acquire A	No	No	69.19	7,500	518.93K	7,500

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

NHC institutional ownership history Ownership history

45.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	120	131	-8.4%
Opened positions	6	17	-64.7%
Closed positions	17	16	+6.3%
Increased positions	44	45	-2.2%
Reduced positions	52	41	+26.8%

13F shares	Current	Prev Q	Change
Total value	495.41M	830.94M	-40.4%
Total shares	7.06M	6.9M	+2.3%
Total puts	0	0
Total calls	0	3.9K	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Vanguard	1.27M	$89.07M	-0.1%
BLK Blackrock	894.83K	$62.85M	-1.6%
Dimensional Fund Advisors	760.16K	$53.39M	+1.4%
Renaissance Technologies	551.09K	$38.7M	-2.7%
American Century Companies	410.88K	$28.86M	+0.1%
STT State Street	327.94K	$23.21M	+2.4%
IVZ Invesco	296.85K	$20.85M	+1224.5%
Geode Capital Management	222.57K	$15.63M	-12.4%
Victory Capital Management	213.53K	$14.53M	+85.3%
NTRS Northern Trust	202.35K	$14.21M	-4.2%

Largest transactions	Shares	Bought/sold	Change
IVZ Invesco	296.85K	+274.44K	+1224.5%
Victory Capital Management	213.53K	+98.29K	+85.3%
Charles Schwab Investment Management	96.53K	-65.03K	-40.2%
FMR	41.31K	+41.16K	+28387.6%
Geode Capital Management	222.57K	-31.47K	-12.4%
Arrowstreet Capital, Limited Partnership	0	-30.4K	EXIT
JPM JPMorgan Chase & Co.	161.56K	-21.07K	-11.5%
Acadian Asset Management	146.27K	-18.27K	-11.1%
Brandywine Global Investment Management	23.67K	+17.06K	+258.0%
Renaissance Technologies	551.09K	-15.4K	-2.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: acknowledgement, budget, certiorari, conjunction, court, district, Hampshire, higher, inflationary, lifted, lifting, master, matter, multifactor, neutrality, opening, petition, ratio, scheduled, Supreme, terminate, terminated, termination, timeline, unrelated

Removed: acquiring, Carolina, collected, combat, commitment, Construction, country, decreasing, deferral, excluded, extended, favorable, February, fighting, Gallatin, implementation, interoperability, Kingsport, operational, payroll, PDPM, previously, remeasurement, September, shifting, South, Town

From filing 10-Q 2022 Q1

Financial reports

View all