National Health Investors (NYSE:NHI) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

National Health Investors, Inc. (NYSE:NHI)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $75.36 and traded as high as $77.40. National Health Investors shares last traded at $77.2470, with a volume of 173,949 shares.

Analyst Ratings Changes

Several research firms recently commented on NHI. National Bankshares set a $90.00 target price on shares of National Health Investors in a research note on Wednesday, October 1st. Cantor Fitzgerald started coverage on shares of National Health Investors in a report on Wednesday, October 1st. They set an “overweight” rating and a $90.00 price objective on the stock. KeyCorp upped their price objective on shares of National Health Investors from $80.00 to $88.00 and gave the company an “overweight” rating in a research report on Thursday, December 4th. Truist Financial lifted their target price on National Health Investors from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Finally, Wells Fargo & Company boosted their price target on National Health Investors from $80.00 to $85.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $87.33.

National Health Investors Trading Up 0.2%

The company has a debt-to-equity ratio of 0.74, a current ratio of 10.64 and a quick ratio of 10.64. The business’s 50 day simple moving average is $77.10 and its 200 day simple moving average is $75.36. The stock has a market cap of $3.68 billion, a P/E ratio of 24.37, a PEG ratio of 2.99 and a beta of 0.68.

National Health Investors (NYSE:NHI) last released its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.08. National Health Investors had a return on equity of 10.17% and a net margin of 41.38%.The company had revenue of $83.36 million for the quarter, compared to analyst estimates of $85.66 million. During the same period in the prior year, the company posted $1.03 EPS. The company’s revenue was down 1.8% compared to the same quarter last year. National Health Investors has set its FY 2025 guidance at 4.880-4.91 EPS. On average, analysts expect that National Health Investors, Inc. will post 4.41 earnings per share for the current fiscal year.

National Health Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 4.8%. The ex-dividend date is Wednesday, December 31st. National Health Investors’s dividend payout ratio is currently 116.09%.

Institutional Investors Weigh In On National Health Investors

Institutional investors and hedge funds have recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its holdings in shares of National Health Investors by 244.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 406 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 288 shares during the last quarter. Advisory Services Network LLC acquired a new position in National Health Investors in the third quarter valued at about $65,000. Triumph Capital Management acquired a new position in National Health Investors in the third quarter valued at about $66,000. Assetmark Inc. grew its stake in National Health Investors by 19.0% during the second quarter. Assetmark Inc. now owns 925 shares of the real estate investment trust’s stock worth $65,000 after buying an additional 148 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of National Health Investors by 24.9% during the third quarter. Farther Finance Advisors LLC now owns 1,128 shares of the real estate investment trust’s stock worth $90,000 after buying an additional 225 shares in the last quarter. Institutional investors and hedge funds own 62.51% of the company’s stock.

National Health Investors Company Profile

National Health Investors, Inc (NYSE: NHI) is a specialized real estate investment trust (REIT) focused on owning and financing high-quality healthcare and senior housing facilities in the United States. The company’s portfolio encompasses a diverse range of properties, including skilled nursing centers, assisted living and memory care communities, behavioral health facilities, dialysis clinics, and medical office buildings. NHI typically enters into long-term net-lease agreements with experienced healthcare operators, providing stable and predictable rental income streams while enabling its tenants to concentrate on delivering quality care.

Since its founding in 1991 and initial public offering later that year, National Health Investors has pursued a disciplined growth strategy centered on strategic acquisitions, joint ventures, and selective development.