National Health Investors (NYSE:NHI) Reaches New 1-Year High – Here’s What Happened

National Health Investors, Inc. (NYSE:NHI)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $81.88 and last traded at $81.5350, with a volume of 115439 shares traded. The stock had previously closed at $80.77.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on NHI. KeyCorp lifted their price target on National Health Investors from $80.00 to $88.00 and gave the company an “overweight” rating in a report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft downgraded shares of National Health Investors from a “buy” rating to a “hold” rating and set a $85.00 target price on the stock. in a report on Tuesday, January 20th. Truist Financial lifted their price target 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. National Bankshares set a $85.00 price target on shares of National Health Investors in a research report on Tuesday, January 20th. Finally, Wells Fargo & Company lifted their price objective on National Health Investors from $80.00 to $85.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, National Health Investors currently has an average rating of “Moderate Buy” and an average target price of $85.57.

National Health Investors Price Performance

The stock has a market capitalization of $3.91 billion, a price-to-earnings ratio of 25.92, a PEG ratio of 2.76 and a beta of 0.67. The company has a current ratio of 10.64, a quick ratio of 10.64 and a debt-to-equity ratio of 0.74. The stock has a fifty day moving average of $78.30 and a two-hundred day moving average of $76.64.

National Health Investors (NYSE:NHI) last issued its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.08. National Health Investors had a net margin of 41.38% and a return on equity of 10.17%. The business had revenue of $83.36 million for the quarter, compared to the consensus estimate of $85.66 million. During the same quarter in the prior year, the company earned $1.03 EPS. The firm’s quarterly revenue was down 1.8% on a year-over-year basis. National Health Investors has set its FY 2025 guidance at 4.880-4.91 EPS. As a group, equities research analysts forecast that National Health Investors, Inc. will post 4.41 earnings per share for the current year.

National Health Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, December 31st were issued a $0.92 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $3.68 annualized dividend and a yield of 4.5%. National Health Investors’s dividend payout ratio (DPR) is currently 116.09%.

Hedge Funds Weigh In On National Health Investors

A number of hedge funds and other institutional investors have recently bought and sold shares of NHI. GAMMA Investing LLC boosted its position in shares of National Health Investors by 41.8% in the 4th quarter. GAMMA Investing LLC now owns 461 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 136 shares during the last quarter. Assetmark Inc. increased its stake in National Health Investors by 19.0% during the 2nd quarter. Assetmark Inc. now owns 925 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 148 shares in the last quarter. Creative Planning increased its position in shares of National Health Investors by 2.2% during the second quarter. Creative Planning now owns 8,217 shares of the real estate investment trust’s stock worth $576,000 after acquiring an additional 177 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in National Health Investors by 5.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,731 shares of the real estate investment trust’s stock worth $297,000 after purchasing an additional 177 shares in the last quarter. Finally, Aviance Capital Partners LLC boosted its position in shares of National Health Investors by 3.8% during the second quarter. Aviance Capital Partners LLC now owns 5,225 shares of the real estate investment trust’s stock worth $366,000 after buying an additional 189 shares during the period. 62.51% of the stock is owned by institutional investors.

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.