Zacks: Analysts Anticipate National Health Investors, Inc. (NHI) Will Announce Quarterly Sales of $71.36 Million
Brokerages expect National Health Investors, Inc. (NYSE:NHI) to report sales of $71.36 million for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for National Health Investors’ earnings, with estimates ranging from $70.90 million to $71.83 million. National Health Investors posted sales of $64.69 million during the same quarter last year, which would indicate a positive year over year growth rate of 10.3%. The firm is scheduled to issue its next quarterly earnings report on Friday, February 16th.
According to Zacks, analysts expect that National Health Investors will report full year sales of $71.36 million for the current year, with estimates ranging from $275.00 million to $279.03 million. For the next year, analysts expect that the business will report sales of $300.42 million per share, with estimates ranging from $298.19 million to $303.08 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that cover National Health Investors.
A number of analysts have recently issued reports on NHI shares. Capital One Financial assumed coverage on shares of National Health Investors in a research note on Monday, October 23rd. They issued an “equal weight” rating for the company. Zacks Investment Research raised shares of National Health Investors from a “hold” rating to a “buy” rating and set a $89.00 target price on the stock in a research report on Friday, September 15th. KeyCorp reiterated a “hold” rating on shares of National Health Investors in a research note on Sunday, September 17th. Stifel Nicolaus reaffirmed a “buy” rating and set a $82.00 price target on shares of National Health Investors in a report on Wednesday, October 4th. Finally, SunTrust Banks assumed coverage on National Health Investors in a report on Tuesday, October 10th. They set a “hold” rating and a $80.00 price target for the company. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $80.14.
Shares of National Health Investors (NYSE NHI) opened at $78.00 on Friday. 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 12-month low of $68.75 and a 12-month high of $81.21. The stock has a market capitalization of $3,240.00, a PE ratio of 15.03, a P/E/G ratio of 3.84 and a beta of 0.58.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th will be given 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 4.87%. National Health Investors’s payout ratio is 95.00%.
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About National Health Investors
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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