Northstar Healthcare Income Inc   (NHHS)
Other Ticker:  
Price: $0.8500 $-0.01 -1.163%
Day's High: $0.85 Week Perf: -5.56 %
Day's Low: $ 0.85 30 Day Perf: -42.18 %
Volume (M): 8 52 Wk High: $ 1.47
Volume (M$): $ 6 52 Wk Avg: $0.90
Open: $0.85 52 Wk Low: $0.35

 Market Capitalization (Millions $) 158
 Shares Outstanding (Millions) 186
 Employees -
 Revenues (TTM) (Millions $) 204
 Net Income (TTM) (Millions $) -154
 Cash Flow (TTM) (Millions $) -19
 Capital Exp. (TTM) (Millions $) 0

Northstar Healthcare Income Inc
Northstar Healthcare Income Inc. (NHI) is a publicly-traded real estate investment trust (REIT) focused on the healthcare industry. They invest in healthcare-related senior housing, medical office buildings, and skilled nursing facilities across the United States. The company operates as a closed-end fund, meaning that it has a fixed number of shares available for purchase, which are not redeemable for cash.

NHI was formed in 2013 and had its initial public offering in the same year, raising $316 million. The company's CEO is Ronald Jeanneault, and it is headquartered in New York City.

The company's portfolio includes 42 properties, with a total of4 million square feet of rentable space. The majority of these properties are medical office buildings or senior housing. The properties are leased to tenants such as hospitals, medical practices, and senior living facilities.

As a REIT, NHI must distribute at least 90% of its taxable income to shareholders in the form of dividends. The company's dividend yield is currently around 8%.

However, NHI has faced challenges in recent years due to a shift in healthcare policies and the COVID-19 pandemic. The company's occupancy rates and rental income have been impacted, and they have had to restructure some of their leases.

NHI is also facing two class-action lawsuits. One is alleging that the company made false and misleading statements about its business prospects, while the other claims that the company breached its fiduciary duties to shareholders.

In October 2021, NHI announced that it has entered into an agreement to sell 11 senior living facilities to a private healthcare real estate investment firm for $377 million. This sale is part of the company's plan to realign its portfolio and focus on medical office buildings.

Overall, NHI is a healthcare-focused REIT that has faced challenges but is actively taking steps to adapt to changing market conditions.

   Company Address: 575 Lexington Avenue New York 10022 NY
   Company Phone Number: 777-3135   Stock Exchange / Ticker: NHHS


Stock Performances by Major Competitors

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Northstar Healthcare Income Inc

Northstar Healthcare Income Inc Faces Challenges with Declining Revenue in Q1 2024

Northstar Healthcare Income Inc (NHII) is currently facing significant challenges as evidenced by their recent earnings report for the first quarter of 2024. Despite a slight improvement in EPS compared to the previous year, the company still reported a loss per share of $-0.04, which is a concerning sign for investors.
One of the most alarming aspects of NHII's earnings report is the decrease in revenue. The company saw a decline of -1.646% in revenue compared to the same period last year, with sequential revenue also dropping by -3.524%. This indicates a concerning trend of declining sales for Northstar Healthcare Income Inc.

Northstar Healthcare Income Inc

NHHS Shows Modest Revenue Growth of 3.783% in Fiscal Year 2023

Northstar Healthcare Income Inc is a Real Estate Investment Trusts (REITs) company that has recently released its fiscal year 2023 financial results. The company experienced a net loss per share of $-0.40 in 2023, compared to $-0.09 in the previous year. Despite the loss, revenue for the year increased by 3.783% to $50.53 million, compared to $53.37 million in the prior reporting season.
In the fourth quarter of 2023, Northstar Healthcare Income Inc reported a net shortfall of $-75.854 million, higher than the $-18.634 million reported in the same quarter a year ago. However, operating earnings improved by 91.58% to $47.509 million.

Northstar Healthcare Income Inc

Northstar Healthcare Income Inc Announces Impressive Top-Line Growth, Setting New Industry Standards for Real Estate Investment Trusts in Q3 2023

Northstar Healthcare Income Inc Shows Promising Improvement in Third Quarter
Investors in Northstar Healthcare Income Inc can breathe a sigh of relief as the company reports a significant decrease in its loss per share and an improvement in earnings per share for the most recent fiscal period. Compared to the same period a year ago, the company reduced its loss per share from $-0.15 to $-0.06, and its earnings per share improved from $-0.30 to $-0.06 in the preceding financial reporting period.
The company's revenue also displayed a notable increase, with an 11.804% rise to $53.37 million from $47.74 million in the corresponding financial reporting period of the previous year. Furthermore, there was a sequential growth of 3.633% from $51.50 million. This revenue growth is undoubtedly encouraging for investors.

Northstar Healthcare Income Inc

Northstar Healthcare Income Inc's Revenue Soars in Q2 2023, but Profitability Remains Elusive

Northstar Healthcare Income Inc (NHHS), a Real Estate Investment Trusts (REITs) company, experienced a revenue increase of 13.508% in the second quarter of the 2023 earnings season compared to the same period last year, reaching $51.50 million. However, the company posted a loss per share of $-0.30. Despite this, NHHS's revenue improvement outperforms its industry counterparts, as the overall business improvement for REITs during this time was only 5.18%. In the previous reporting period, NHHS had a revenue increase of 3.904%, from $49.57 million, but also an increased loss per share from $-0.07.
During the second quarter of the 2023 earnings season, Northstar Healthcare Income Inc reported a net loss of $-59.014 million. This is in stark contrast to the bottom line of $6.627 million reported during the same period a year before. Some analysts speculate that the decrease in accounts receivable, which now stands at $1.6 million, is indicative of slowing demand.

Northstar Healthcare Income Inc

Northstar Healthcare Income Inc Struggles to Achieve Profitability Despite Strong Revenue in Q1 2023

Investors should exercise caution when considering an investment in Northstar Healthcare Income Inc (NHHS) as the company's recent financial results suggest a potential bearish outlook. While the company has demonstrated an ability to collect outstanding accounts receivable from corporate clients, its overall performance in the last quarter has been lacklustre.
Despite an improvement in liquidity, Northstar Healthcare Income's overall receivables turnover ratio remains low compared to other companies in the financial sector. The fact that NHHS's ranking has only improved to 27 highlights the company's inability to effectively manage its receivables as compared to other industry players.


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  Revenue Outlook
Northstar Healthcare Income Inc does not provide revenue guidance.

Earnings Outlook
Northstar Healthcare Income Inc does not provide earnings estimates.

Geographic Revenue Dispersion


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