National Health Investors Inc (NHI) Expected to Post Earnings of $1.33 Per Share

Equities analysts expect that National Health Investors Inc (NYSE:NHI) will post earnings per share of $1.33 for the current quarter, according to Zacks. Two analysts have made estimates for National Health Investors’ earnings. The highest EPS estimate is $1.35 and the lowest is $1.31. National Health Investors reported earnings per share of $1.03 during the same quarter last year, which would indicate a positive year over year growth rate of 29.1%. The business is expected to announce its next quarterly earnings results on Friday, February 16th.

According to Zacks, analysts expect that National Health Investors will report full year earnings of $5.26 per share for the current financial year, with EPS estimates ranging from $5.22 to $5.29. For the next financial year, analysts expect that the firm will post earnings of $5.46 per share, with EPS estimates ranging from $5.40 to $5.54. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow National Health Investors.

A number of research firms recently commented on NHI. KeyCorp reissued a “hold” rating on shares of National Health Investors in a research report on Friday, November 24th. Zacks Investment Research cut shares of National Health Investors from a “buy” rating to a “hold” rating in a research report on Friday, November 17th. ValuEngine raised shares of National Health Investors from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. Capital One Financial began coverage on shares of National Health Investors in a research report on Monday, October 23rd. They set an “equal weight” rating for the company. Finally, BMO Capital Markets reissued a “hold” rating and set a $80.00 target price on shares of National Health Investors in a research report on Wednesday, October 18th. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. National Health Investors currently has a consensus rating of “Hold” and a consensus price target of $80.14.

National Health Investors (NYSE NHI) traded up $0.98 during trading hours on Friday, reaching $80.74. 348,269 shares of the company were exchanged, compared to its average volume of 200,019. National Health Investors has a 12 month low of $68.96 and a 12 month high of $81.21. The company has a debt-to-equity ratio of 0.84, a current ratio of 12.72 and a quick ratio of 12.72. The stock has a market capitalization of $3,350.00, a PE ratio of 15.51, a price-to-earnings-growth ratio of 3.97 and a beta of 0.59.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th will be paid a dividend of $0.95 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $3.80 dividend on an annualized basis and a yield of 4.71%. National Health Investors’s payout ratio is 95.00%.

Institutional investors have recently modified their holdings of the business. Jacobi Capital Management LLC increased its stake in National Health Investors by 187.7% during the 3rd quarter. Jacobi Capital Management LLC now owns 1,827 shares of the real estate investment trust’s stock valued at $142,000 after purchasing an additional 1,192 shares in the last quarter. Yorktown Management & Research Co Inc acquired a new position in National Health Investors during the 2nd quarter valued at approximately $214,000. Fortaleza Asset Management Inc. increased its stake in National Health Investors by 123.7% during the 3rd quarter. Fortaleza Asset Management Inc. now owns 2,740 shares of the real estate investment trust’s stock valued at $212,000 after purchasing an additional 1,515 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in National Health Investors during the 3rd quarter valued at approximately $237,000. Finally, Profund Advisors LLC increased its stake in shares of National Health Investors by 4.3% in the second 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 during the period. Institutional investors and hedge funds own 70.52% 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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Earnings History and Estimates for National Health Investors (NYSE:NHI)

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