Paasa Logo
National HealthCare Corporation logo
NHCAMEXMarket openCloses 4:00pm ET

National HealthCare Corporation

$223.51Last updated
+$1.91 (0.86%)Past day
Timezone

National HealthCare Corporation (AMEX: NHC) is trading at $223.51, about ₹21,461 at today's USD/INR rate, as of 25 Sep 2026, 2:29 PM ET, up 0.86% today. Indian residents can buy National HealthCare from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$222.83
Previous close:$221.60
Volume:23.67K

Today's low

$221.42

Today's high

$225.19

52 week low

$116.42

52 week high

$239.29

NHC opened at $222.83, closed previously at $221.60, and has traded between $116.42 and $239.29 over the past 52 weeks.

About

National HealthCare Corporation (NHC) is a prominent provider in the healthcare sector, involved in the operation, management, and service provision for a wide array of elder care and health facilities. Its diverse portfolio includes skilled nursing facilities, assisted living communities, independent living residences, homecare and hospice agencies, and a specialized behavioral health hospital. Within its skilled nursing environments, NHC offers extensive therapeutic and medical care. Patients recovering from conditions such as strokes, heart attacks, orthopedic injuries, neurological ailments, or other illnesses and disabilities benefit from licensed physical, speech, respiratory, and occupational therapies. These facilities also provide essential services like nutritional guidance, social support, recreational activities, and daily necessities such as housekeeping and laundry, all complemented by physician-prescribed medical treatments. Distinctive medical specialty units further enhance care, featuring memory care for individuals with Alzheimer's and similar disorders, alongside sub-acute nursing units. NHC's assisted living centers are designed to offer personal support, helping residents with everyday tasks including dressing, bathing, meal preparation, and medication management. The company also addresses mental well-being through behavioral health services for both adults and geriatric patients, treating psychiatric, emotional, and addictive conditions. Beyond direct facility care, NHC delivers additional healthcare programs, incorporating skilled services like infusion, wound care, and advanced physical, occupational, and speech therapies. Its offerings extend to hospice care, the operation of pharmacies, and a suite of corporate services encompassing management, accounting, financial, and insurance solutions. Furthermore, NHC engages in leasing its properties to third-party operators. As of February 18, 2022, NHC's operational footprint was substantial, comprising 75 skilled nursing facilities with a capacity of 9,473 beds, 24 assisted living facilities, 5 independent living facilities, one behavioral health hospital, 34 homecare agencies, and 28 hospice agencies. Founded in 1971, National HealthCare Corporation is headquartered in Murfreesboro, Tennessee.

Country
US
CEO
Stephen Fowler Flatt
Exchange listed on
AMEX
Industry
Medical - Care Facilities
Base currency
USD
Full Time Employees
15,278
Sector
Healthcare
IPO date
02/01/1987

Key statistics

Avg. volume

124.14K

Market cap

$3.49B

P/E Ratio

24.79

Price-to-sales ratio

2.24

Enterprise value

$3.47B

Free cash flow yield

4.20%

Debt-to-equity ratio

0.03

Return on equity

12.94%

ROIC

7.25%

Beta

0.63

Dividend yield

1.16%

Last dividend

$2.59

Financial overview

Revenue

$1.52B

Earnings per share

$7.76

Free cash flow

$148.63M

Net profit margin

9.00%

Gross margin

39.49%

EBITDA

$213.72M

Revenue growth

16.94%

Similar securities

This is not an investment recommendation

How to buy National HealthCare from India

Indian residents can buy National HealthCare shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for National HealthCare and place an order

    Find National HealthCare by name or by its ticker, NHC, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. National HealthCare trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your National HealthCare position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in National HealthCare from India

Trading and taxes when buying National HealthCare from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. National HealthCare’s current yield is 1.16%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy National HealthCare stock?

Yes. National HealthCare (NHC) has been listed on NYSE American since 1987, in the Medical - Care Facilities industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one National HealthCare share cost in rupees?

One National HealthCare share is $223.51 — about ₹21,461 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the National HealthCare price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying National HealthCare from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy National HealthCare with less than the price of one share?

Yes. A whole National HealthCare share is $223.51, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.

How are gains on National HealthCare shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the National HealthCare price. Paasa issues a capital-gains statement for your return.

Does National HealthCare pay a dividend, and how is it taxed in India?

Yes. National HealthCare pays a dividend and the current yield is 1.16%; the last declared dividend was $2.59 per share, about ₹248.69. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade National HealthCare from India?

NYSE American trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on National HealthCare shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare National HealthCare shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your National HealthCare holding, its cost and its closing value.

How do I sell National HealthCare and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.