Shares of National Health Investors, Inc. (NYSE:NHI) have been given a consensus rating of “Hold” by the nine analysts that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $79.25.

A number of research firms have issued reports on NHI. BidaskClub raised shares of National Health Investors from a “hold” rating to a “buy” rating in a report on Thursday, June 29th. Mizuho reissued a “neutral” rating on shares of National Health Investors in a report on Wednesday, June 28th. Stifel Nicolaus upped their price target on shares of National Health Investors from $80.00 to $82.00 and gave the stock a “buy” rating in a report on Wednesday, June 21st. Zacks Investment Research downgraded shares of National Health Investors from a “buy” rating to a “sell” rating in a report on Tuesday, July 18th. Finally, ValuEngine downgraded shares of National Health Investors from a “buy” rating to a “hold” rating in a report on Tuesday, June 13th.

National Health Investors (NYSE NHI) traded up 0.34% during mid-day trading on Friday, hitting $76.54. The stock had a trading volume of 419,689 shares. The company has a 50-day moving average price of $77.38 and a 200 day moving average price of $75.03. The company has a market cap of $3.14 billion, a P/E ratio of 19.66 and a beta of 0.56. National Health Investors has a 1-year low of $66.31 and a 1-year high of $82.53.

National Health Investors (NYSE:NHI) last posted its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.93 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.29 by $0.36. The business had revenue of $69.84 million during the quarter, compared to the consensus estimate of $67.68 million. National Health Investors had a net margin of 59.24% and a return on equity of 12.56%. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.22 EPS. Equities research analysts forecast that National Health Investors will post $3.79 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 10th. Stockholders of record on Friday, September 29th will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date of this dividend is Thursday, September 28th. National Health Investors’s dividend payout ratio (DPR) is presently 97.69%.

Several hedge funds have recently modified their holdings of the company. Public Employees Retirement Association of Colorado increased its stake in shares of National Health Investors by 57.9% in the first quarter. Public Employees Retirement Association of Colorado now owns 294,025 shares of the real estate investment trust’s stock worth $21,355,000 after buying an additional 107,800 shares during the period. State Board of Administration of Florida Retirement System increased its stake in shares of National Health Investors by 0.6% in the first quarter. State Board of Administration of Florida Retirement System now owns 25,268 shares of the real estate investment trust’s stock worth $1,835,000 after buying an additional 140 shares during the period. Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of National Health Investors by 1.7% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 39,125 shares of the real estate investment trust’s stock worth $2,842,000 after buying an additional 670 shares during the period. Canada Pension Plan Investment Board purchased a new stake in shares of National Health Investors during the first quarter worth $5,447,000. Finally, Adams Diversified Equity Fund Inc. increased its stake in shares of National Health Investors by 3.0% in the first quarter. Adams Diversified Equity Fund Inc. now owns 13,700 shares of the real estate investment trust’s stock worth $995,000 after buying an additional 400 shares during the period. 69.34% of the stock is owned by institutional investors.

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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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