Stephens Analysts Give National Health Investors (NHI) a $79.00 Price Target
National Health Investors (NYSE:NHI) has been given a $79.00 price objective by stock analysts at Stephens in a note issued to investors on Friday. The firm presently has a “buy” rating on the real estate investment trust’s stock. Stephens’ price objective would suggest a potential upside of 13.28% from the stock’s current price.
A number of other equities analysts have also recently weighed in on the company. KeyCorp reissued an “underweight” rating on shares of National Health Investors in a report on Tuesday, December 19th. Zacks Investment Research cut National Health Investors from a “buy” rating to a “hold” rating in a report on Friday, November 17th. ValuEngine raised National Health Investors from a “hold” rating to a “buy” rating in a report on Friday, November 10th. Capital One Financial assumed coverage on National Health Investors in a report on Monday, October 23rd. They set an “equal weight” rating on the stock. Finally, BMO Capital Markets reissued a “hold” rating and set a $80.00 price objective on shares of National Health Investors in a report on Wednesday, October 18th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. National Health Investors has an average rating of “Hold” and an average target price of $80.00.
Shares of National Health Investors (NYSE NHI) traded down $1.37 during midday trading on Friday, hitting $69.74. The company had a trading volume of 303,010 shares, compared to its average volume of 215,131. The stock has a market cap of $2,900.00, a PE ratio of 17.44, a price-to-earnings-growth ratio of 3.36 and a beta of 0.59. The company has a current ratio of 12.72, a quick ratio of 12.72 and a debt-to-equity ratio of 0.84. National Health Investors has a 52 week low of $68.96 and a 52 week high of $81.60.
A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased 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 worth $498,323,000 after purchasing an additional 72,518 shares during the period. BlackRock Inc. increased 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 worth $280,927,000 after purchasing an additional 218,482 shares during the period. Northern Trust Corp increased its stake in National Health Investors by 6.4% in the 2nd quarter. Northern Trust Corp now owns 1,007,869 shares of the real estate investment trust’s stock worth $79,823,000 after purchasing an additional 60,784 shares during the period. State Street Corp increased 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 worth $79,133,000 after purchasing an additional 78,355 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in National Health Investors by 4.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 588,733 shares of the real estate investment trust’s stock worth $45,504,000 after purchasing an additional 23,191 shares during the period. 70.08% of the stock is currently owned by institutional investors and hedge funds.
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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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