National Health Investors Inc (NHI) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of National Health Investors Inc (NYSE:NHI) have received a consensus recommendation of “Hold” from the twelve analysts that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $79.14.

A number of research analysts have recently weighed in on the stock. KeyCorp restated an “underweight” rating on shares of National Health Investors in a report on Tuesday, December 19th. Stephens set a $79.00 price target on shares of National Health Investors and gave the company a “buy” rating in a report on Friday. BMO Capital Markets restated a “hold” rating and set a $80.00 price target on shares of National Health Investors in a report on Wednesday, October 18th. Stifel Nicolaus restated a “buy” rating and set a $82.00 price target on shares of National Health Investors in a report on Wednesday, October 4th. Finally, Zacks Investment Research downgraded shares of National Health Investors from a “buy” rating to a “hold” rating in a report on Friday, September 22nd.

National Health Investors (NYSE:NHI) traded down $1.37 during trading on Tuesday, hitting $69.74. 303,010 shares of the stock were exchanged, compared to its average volume of 216,074. The company has a market cap of $2,896.44, a P/E ratio of 17.44, a P/E/G ratio of 3.29 and a beta of 0.59. The company has a quick ratio of 12.72, a current ratio of 12.72 and a debt-to-equity ratio of 0.84. National Health Investors has a fifty-two week low of $68.96 and a fifty-two week high of $81.60.

National Health Investors (NYSE:NHI) last released its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $0.94 earnings per share for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.40). National Health Investors had a net margin of 59.70% and a return on equity of 12.74%. equities research analysts anticipate that National Health Investors will post 5.26 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, December 29th will be paid a $0.95 dividend. The ex-dividend date is Thursday, December 28th. This represents a $3.80 dividend on an annualized basis and a yield of 5.45%. National Health Investors’s payout ratio is presently 95.00%.

A number of large investors have recently bought and sold shares of NHI. BlackRock Inc. grew its stake in National Health Investors by 6.6% in the 2nd quarter. BlackRock Inc. now owns 3,547,049 shares of the real estate investment trust’s stock valued at $280,927,000 after buying an additional 218,482 shares during the last quarter. Allianz Asset Management GmbH grew its stake in National Health Investors by 57.8% in the 3rd quarter. Allianz Asset Management GmbH now owns 394,800 shares of the real estate investment trust’s stock valued at $30,514,000 after buying an additional 144,650 shares during the last quarter. State Street Corp grew its stake in National Health Investors by 8.5% in the 2nd quarter. State Street Corp now owns 999,167 shares of the real estate investment trust’s stock valued at $79,133,000 after buying an additional 78,355 shares during the last quarter. Vanguard Group Inc. grew its stake in National Health Investors by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 6,291,954 shares of the real estate investment trust’s stock valued at $498,323,000 after buying an additional 72,518 shares during the last quarter. Finally, Employees Retirement System of Texas grew its position in National Health Investors by 353.3% in the 2nd quarter. Employees Retirement System of Texas now owns 81,600 shares of the real estate investment trust’s stock worth $6,463,000 after purchasing an additional 63,600 shares during the last quarter. Institutional investors and hedge funds own 70.08% of the company’s stock.

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National Health Investors Company Profile

National Health Investors, Inc is a self-managed real estate investment trust (REIT) specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. The Company is engaged in the business of owning and financing healthcare properties.

Analyst Recommendations for National Health Investors (NYSE:NHI)

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