National Health Investors (NYSE:NHI)‘s stock had its “hold” rating restated by Cantor Fitzgerald in a research note issued on Wednesday, January 17th. They presently have a $85.00 price target on the real estate investment trust’s stock. Cantor Fitzgerald’s price objective would suggest a potential upside of 30.19% from the stock’s previous close. Cantor Fitzgerald also issued estimates for National Health Investors’ FY2017 earnings at $5.27 EPS and FY2018 earnings at $5.60 EPS.
Other equities research analysts have also recently issued research reports about the stock. KeyCorp reissued an “underweight” rating on shares of National Health Investors in a research report on Tuesday, December 19th. BMO Capital Markets restated a “hold” rating and issued a $80.00 price objective on shares of National Health Investors in a report on Wednesday, October 18th. Stephens set a $79.00 price objective on shares of National Health Investors and gave the stock a “buy” rating in a report on Friday, January 12th. Stifel Nicolaus restated a “buy” rating and issued a $82.00 price objective on shares of National Health Investors in a report on Wednesday, October 4th. Finally, Zacks Investment Research lowered shares of National Health Investors from a “buy” rating to a “hold” rating in a report on Friday, September 22nd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. National Health Investors presently has an average rating of “Hold” and an average target price of $80.63.
Shares of National Health Investors (NYSE:NHI) traded up $0.69 on Wednesday, reaching $65.29. 424,396 shares of the company’s stock traded hands, compared to its average volume of 250,737. The stock has a market cap of $2,710.00, a PE ratio of 16.32, a P/E/G ratio of 2.96 and a beta of 0.41. 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 $64.03 and a fifty-two week high of $81.60.
National Health Investors (NYSE:NHI) last announced its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $0.94 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.34 by ($0.40). The firm had revenue of $71.35 million for the quarter, compared to analysts’ expectations of $70.80 million. National Health Investors had a net margin of 59.70% and a return on equity of 12.74%. analysts predict that National Health Investors will post 5.27 earnings per share for the current fiscal year.
Institutional investors have recently modified their holdings of the stock. Jacobi Capital Management LLC increased its stake in shares of National Health Investors by 187.7% in the 3rd quarter. Jacobi Capital Management LLC now owns 1,827 shares of the real estate investment trust’s stock worth $142,000 after acquiring an additional 1,192 shares in the last quarter. Fortaleza Asset Management Inc. increased its stake in shares of National Health Investors by 123.7% in the 3rd quarter. Fortaleza Asset Management Inc. now owns 2,740 shares of the real estate investment trust’s stock worth $212,000 after acquiring an additional 1,515 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of National Health Investors in the 3rd quarter worth about $237,000. Profund Advisors LLC increased its stake in shares of National Health Investors by 4.3% in the 2nd quarter. Profund Advisors LLC now owns 3,126 shares of the real estate investment trust’s stock worth $248,000 after acquiring an additional 130 shares in the last quarter. Finally, Stephens Inc. AR bought a new position in shares of National Health Investors in the 4th quarter worth about $238,000. Institutional investors own 70.35% 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.
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