Shares of National Health Investors, Inc. (NYSE:NHI – Get Free Report) have earned an average rating of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $70.86.
Several research analysts have commented on NHI shares. Bank of America initiated coverage on National Health Investors in a report on Tuesday, September 24th. They set a “buy” rating and a $92.00 price objective on the stock. StockNews.com raised shares of National Health Investors from a “hold” rating to a “buy” rating in a research note on Thursday, August 8th. Finally, Truist Financial boosted their price target on shares of National Health Investors from $65.00 to $78.00 and gave the company a “hold” rating in a report on Friday, August 30th.
Read Our Latest Analysis on National Health Investors
Institutional Inflows and Outflows
National Health Investors Price Performance
NHI stock opened at $82.99 on Friday. The company has a current ratio of 10.27, a quick ratio of 10.27 and a debt-to-equity ratio of 0.91. National Health Investors has a 12 month low of $48.51 and a 12 month high of $86.13. The stock has a market cap of $3.60 billion, a PE ratio of 27.21, a P/E/G ratio of 8.86 and a beta of 1.04. The company has a 50-day moving average price of $78.82 and a 200 day moving average price of $69.71.
National Health Investors (NYSE:NHI – Get Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.29). National Health Investors had a return on equity of 10.11% and a net margin of 39.11%. The business had revenue of $84.97 million for the quarter, compared to the consensus estimate of $64.95 million. During the same period in the prior year, the business posted $1.06 earnings per share. National Health Investors’s revenue was up 9.1% on a year-over-year basis. Equities research analysts anticipate that National Health Investors will post 4.55 earnings per share for the current year.
National Health Investors Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, September 27th will be issued a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date is Friday, September 27th. National Health Investors’s dividend payout ratio (DPR) is presently 118.03%.
National Health Investors Company Profile
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.
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