earnings
confidence high
sentiment positive
materiality 0.75
NHP Q1 AFFO $0.31/diluted, up from $0.05 YoY; net leverage improves to 9.7x
National Healthcare Properties, Inc.
2025-Q1 EPS reported
-$0.18
revenue$86,443,000
- AFFO $8.8M ($0.31/diluted) vs $1.5M ($0.05) a year ago; net loss improved to $(5.0M) from $(19.0M).
- Same-Store Cash NOI increased 3.9% YoY; SHOP +18.0% to $10.2M, OMF -2.3% to $19.1M.
- Net debt/Annualized Adjusted EBITDA improved to 9.7x from 10.4x QoQ and 14.3x a year ago.
- Completed $177.5M of strategic dispositions in 2025 (16 assets); $23.9M pipeline under contract/LOI.
- Internalization completed in 2024; >$25M annualized cost savings projected; fee fully paid Q1'25.