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%.
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.
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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