National Health Investors Inc (NYSE:NHI) Receives Consensus Rating of “Hold” from Analysts

Shares of National Health Investors Inc (NYSE:NHI) have received a consensus rating of “Hold” from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $80.00.

NHI has been the subject of a number of recent research reports. ValuEngine raised shares of Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a research report on Monday, April 1st. Zacks Investment Research downgraded shares of Hancock Jaffe Laboratories from a “buy” rating to a “hold” rating in a research report on Wednesday, June 26th.

Institutional investors have recently modified their holdings of the stock. Robeco Institutional Asset Management B.V. raised its position in National Health Investors by 3.5% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 169,100 shares of the real estate investment trust’s stock worth $13,195,000 after purchasing an additional 5,730 shares during the period. Bessemer Group Inc. raised its position in National Health Investors by 3.7% in the 2nd quarter. Bessemer Group Inc. now owns 25,500 shares of the real estate investment trust’s stock worth $1,990,000 after purchasing an additional 900 shares during the period. Commonwealth Equity Services LLC raised its position in National Health Investors by 0.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 26,425 shares of the real estate investment trust’s stock worth $2,061,000 after purchasing an additional 235 shares during the period. Navellier & Associates Inc raised its position in National Health Investors by 21.4% in the 2nd quarter. Navellier & Associates Inc now owns 7,453 shares of the real estate investment trust’s stock worth $582,000 after purchasing an additional 1,313 shares during the period. Finally, Nisa Investment Advisors LLC raised its position in National Health Investors by 17.7% in the 2nd quarter. Nisa Investment Advisors LLC now owns 18,030 shares of the real estate investment trust’s stock worth $1,407,000 after purchasing an additional 2,710 shares during the period. 69.61% of the stock is owned by institutional investors.

Shares of NHI stock traded down $1.37 during mid-day trading on Friday, reaching $78.50. 151,181 shares of the company’s stock traded hands, compared to its average volume of 244,677. National Health Investors has a 12 month low of $70.54 and a 12 month high of $84.57. The firm’s 50 day moving average price is $79.04. The company has a quick ratio of 14.99, a current ratio of 14.99 and a debt-to-equity ratio of 0.91. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 14.32, a PEG ratio of 3.63 and a beta of 0.38.

National Health Investors (NYSE:NHI) last issued its quarterly earnings data on Tuesday, May 7th. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.48). National Health Investors had a net margin of 50.87% and a return on equity of 10.96%. The business had revenue of $76.11 million for the quarter, compared to the consensus estimate of $73.21 million. During the same period in the previous year, the firm earned $1.35 EPS. The company’s revenue was up 4.6% on a year-over-year basis. On average, research analysts anticipate that National Health Investors will post 5.5 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 9th. Investors of record on Friday, June 28th will be issued a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 5.35%. The ex-dividend date of this dividend is Thursday, June 27th. National Health Investors’s dividend payout ratio is currently 76.64%.

About National Health Investors

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

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Analyst Recommendations for National Health Investors (NYSE:NHI)

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