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Vital Healthcare Property (VHP) Stock Price & Analysis
VHP Stock Chart & Stats
- Day’s Range
- NZD 1.78 - NZD 1.82
- 52-Week Range
- NZD 1.75 - NZD 2.26
- Previous Close
- NZD 1.82
- Volume
- N/A
- Average Volume (3M)
- 402.88K
- Market Cap
- NZD 1.47B
- Enterprise Value
- NZD 2.98B
- Total Cash (Recent Filing)
- NZD 13.81M
- Total Debt (Recent Filing)
- NZD 1.44B
- Price to Earnings (P/E)
- ―
- Beta
- 0.45
- Next Earnings
- Nov 11, 2026 (Est.)
- EPS Estimate
- N/A
- Last Dividend Ex-Date
- Aug 18, 2026
- Dividend Yield
- 6.93%
Bulls Say, Bears Say
Bulls Say
High Healthcare Portfolio Occupancy
Occupancy of 97.2% and long leases support recurring rental income, while healthcare-focused properties serve essential services. Strong tenant utilization and rent coverage can help preserve cash-flow visibility and reduce vacancy risk over the next several quarters.
Strong Cash Generation
Consistently positive operating and free cash flow provides internal funding capacity for distributions, maintenance, and selected growth investments. The 16.4% FCF increase in 2026 strengthens evidence that the rental model is converting into durable cash despite reported accounting losses.
Growing Healthcare Property Earnings
Growth in net property income and AFFO indicates improving underlying property performance and stronger distributable earnings. Leasing activity, completed developments, and activated health precincts create several avenues for healthcare real estate income to expand beyond a single reporting period.
Bears Say
Persistent Net Losses
Four consecutive years of net losses weaken earnings quality and make reported profitability less dependable than cash flow. Negative ROE also indicates that the equity base has not recently produced accounting returns, potentially limiting confidence in sustainable earnings conversion.
Material Balance-sheet Leverage
Debt of roughly $1.44 billion creates ongoing financing exposure even though leverage is described as manageable and maturities are extended. Interest costs, refinancing needs, and asset-value sensitivity can constrain flexibility if property conditions or cash generation weaken.
Capital Raising And Unit Dilution
The substantial increase in units helped fund management internalisation but expands the claim base over which future distributions and earnings are spread. This can dilute per-unit growth unless the internalisation and resulting investments generate sufficient recurring operating benefits.
Vital Healthcare Property News
VHP FAQ
What was Vital Healthcare Property’s price range in the past 12 months?
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When is Vital Healthcare Property’s upcoming earnings report date?
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Is Vital Healthcare Property overvalued?
Does Vital Healthcare Property pay dividends?
What is Vital Healthcare Property’s EPS estimate?
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What happened to Vital Healthcare Property’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Vital Healthcare Property?
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Company Description
Vital Healthcare Property
Vital Healthcare Property Trust functions as a Real Estate Investment Trust (REIT), with its operations externally managed by Vital Healthcare Management Limited. The trust strategically invests in a diverse range of health and medical facilities located across New Zealand and Australia. Its activities encompass both the acquisition and development of these specialized properties, which include surgical centers, general medical clinics, geriatric and long-term care residences, primary healthcare facilities, and various health support infrastructure. Furthermore, the fund is open to participating in co-investments with other healthcare service providers. The entity was formerly known as Calan Healthcare Properties Trust, and subsequently as ING Medical Properties Trust.
- Sector
- Realestate
- Industry
- REIT - Healthcare Facilities
- CEO
- Chris Adams
- Employees
- 53
- Website
- www.vitalhealthcareproperty.co.nz
- Address
- Level 17, HSBC Tower, Auckland, AUK, 1010, NZ
Vital Healthcare Property (VHP) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 12 | 5 | 5 |
| Technical Analysis | 4 | 5 | 1 |
| Moving Averages | 8 | 0 | 4 |






