Research Analysts Issue Forecasts for National Health Investors Inc’s FY2017 Earnings (NHI)

National Health Investors Inc (NYSE:NHI) – Investment analysts at Cantor Fitzgerald increased their FY2017 earnings per share (EPS) estimates for National Health Investors in a research report issued to clients and investors on Thursday. Cantor Fitzgerald analyst J. France now anticipates that the real estate investment trust will earn $5.27 per share for the year, up from their prior estimate of $5.26. Cantor Fitzgerald has a “Hold” rating and a $85.00 price objective on the stock. Cantor Fitzgerald also issued estimates for National Health Investors’ FY2018 earnings at $5.60 EPS.

National Health Investors (NYSE:NHI) last posted its quarterly earnings data on Wednesday, November 8th. The real estate investment trust reported $0.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.34 by ($0.40). National Health Investors had a return on equity of 12.74% and a net margin of 59.70%.

NHI has been the topic of several other research reports. Capital One Financial assumed coverage on shares of National Health Investors in a report on Monday, October 23rd. They set an “equal weight” rating on the stock. Stephens set a $79.00 target price on shares of National Health Investors and gave the company a “buy” rating in a research report on Friday, January 12th. Zacks Investment Research upgraded 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 Thursday, September 21st. ValuEngine upgraded shares of National Health Investors from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. Finally, Mizuho reiterated a “hold” rating and set a $82.00 target price on shares of National Health Investors in a research report on Wednesday, October 4th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $81.25.

National Health Investors (NHI) traded down $1.10 during trading hours on Friday, hitting $69.94. 258,000 shares of the stock traded hands, compared to its average volume of 250,233. National Health Investors has a one year low of $68.96 and a one year high of $81.60. The company has a debt-to-equity ratio of 0.84, a quick ratio of 12.72 and a current ratio of 12.72. The company has a market cap of $2,950.44, a P/E ratio of 17.49, a price-to-earnings-growth ratio of 3.35 and a beta of 0.59.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be given a dividend of $0.95 per share. The ex-dividend date is Thursday, December 28th. This represents a $3.80 annualized dividend and a dividend yield of 5.43%. National Health Investors’s dividend payout ratio (DPR) is currently 95.00%.

Several institutional investors have recently modified their holdings of the company. Jacobi Capital Management LLC boosted its position in National Health Investors by 187.7% in the third quarter. Jacobi Capital Management LLC now owns 1,827 shares of the real estate investment trust’s stock valued at $142,000 after buying an additional 1,192 shares in the last quarter. Fortaleza Asset Management Inc. boosted its position in National Health Investors by 123.7% in the third quarter. Fortaleza Asset Management Inc. now owns 2,740 shares of the real estate investment trust’s stock valued at $212,000 after buying an additional 1,515 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in National Health Investors in the third quarter valued at about $237,000. Profund Advisors LLC boosted its position in 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 valued at $248,000 after buying an additional 130 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in National Health Investors in the third quarter valued at about $249,000. Institutional investors and hedge funds own 70.52% of the company’s stock.

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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.

Earnings History and Estimates for National Health Investors (NYSE:NHI)

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