Wedbush Has Pessimistic View of NHI FY2025 Earnings

National Health Investors, Inc. (NYSE:NHI) – Wedbush lowered their FY2025 earnings per share (EPS) estimates for National Health Investors in a research report issued on Wednesday, November 6th. Wedbush analyst R. Anderson now expects that the real estate investment trust will earn $4.58 per share for the year, down from their previous forecast of $4.64. The consensus estimate for National Health Investors’ current full-year earnings is $4.44 per share.

Several other brokerages have also recently commented on NHI. StockNews.com cut National Health Investors from a “buy” rating to a “hold” rating in a research note on Tuesday, October 15th. Wells Fargo & Company downgraded shares of National Health Investors from an “overweight” rating to an “equal weight” rating and boosted their target price for the stock from $81.00 to $86.00 in a research report on Tuesday, October 1st. Bank of America initiated coverage on shares of National Health Investors in a report on Tuesday, September 24th. They set a “buy” rating and a $92.00 price target on the stock. Finally, Truist Financial upped their price objective on shares of National Health Investors from $65.00 to $78.00 and gave the stock a “hold” rating in a report on Friday, August 30th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $73.29.

National Health Investors Stock Performance

Shares of NYSE NHI opened at $81.20 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.27. National Health Investors has a one year low of $50.12 and a one year high of $86.13. The business’s 50-day moving average price is $80.36 and its two-hundred day moving average price is $73.41. The company has a market capitalization of $3.69 billion, a P/E ratio of 27.90, a price-to-earnings-growth ratio of 5.16 and a beta of 1.05.

National Health Investors (NYSE:NHI) last issued its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.42). National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The company had revenue of $63.32 million for the quarter, compared to analyst estimates of $67.93 million. During the same period last year, the business earned $1.08 EPS. The company’s quarterly revenue was up 1.7% on a year-over-year basis.

National Health Investors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Tuesday, December 31st will be issued a $0.90 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.60 annualized dividend and a yield of 4.43%. National Health Investors’s dividend payout ratio (DPR) is presently 123.71%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Landscape Capital Management L.L.C. bought a new stake in National Health Investors in the third quarter valued at $251,000. Intech Investment Management LLC bought a new position in shares of National Health Investors in the third quarter valued at about $720,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in National Health Investors during the 3rd quarter worth about $282,000. Aviance Capital Partners LLC grew its holdings in National Health Investors by 6.2% during the 3rd quarter. Aviance Capital Partners LLC now owns 3,788 shares of the real estate investment trust’s stock worth $318,000 after acquiring an additional 221 shares during the last quarter. Finally, Quest Partners LLC acquired a new stake in National Health Investors in the 3rd quarter valued at about $230,000. 62.51% of the stock is owned by institutional investors.

About National Health Investors

Incorporated in 1991, National Health Investors, Inc (NYSE:NHI) is a real estate investment trust specializing in sale, leasebacks, joint-ventures, senior housing operating partnerships, and mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent living, assisted living and memory care communities, entrance-fee retirement communities, skilled nursing facilities, and specialty hospitals.