National Health Investors Inc (NYSE:NHI) Given Consensus Rating of “Hold” by Brokerages

Shares of National Health Investors Inc (NYSE:NHI) have been assigned an average rating of “Hold” from the eight research firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $80.17.

Separately, Zacks Investment Research raised shares of National Health Investors from a “hold” rating to a “buy” rating and set a $90.00 target price on the stock in a research report on Tuesday.

Shares of NHI stock traded up $1.07 during mid-day trading on Wednesday, hitting $80.75. The stock had a trading volume of 63,452 shares, compared to its average volume of 176,840. National Health Investors has a 12-month low of $70.54 and a 12-month high of $84.57. The firm has a market capitalization of $3.46 billion, a price-to-earnings ratio of 14.74, a P/E/G ratio of 3.64 and a beta of 0.37. The stock has a 50-day moving average of $79.39. The company has a quick ratio of 14.99, a current ratio of 14.99 and a debt-to-equity ratio of 0.91.

National Health Investors (NYSE:NHI) last announced its quarterly earnings results on Tuesday, May 7th. The real estate investment trust reported $0.83 EPS for the quarter, missing the consensus estimate of $1.31 by ($0.48). National Health Investors had a net margin of 50.87% and a return on equity of 10.96%. The firm had revenue of $76.11 million for the quarter, compared to analysts’ expectations of $73.21 million. During the same quarter in the prior year, the business posted $1.35 EPS. The business’s quarterly revenue was up 4.6% on a year-over-year basis. Sell-side analysts predict that National Health Investors will post 5.5 earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of NHI. Norges Bank bought a new stake in shares of National Health Investors in the 4th quarter valued at about $37,028,000. Hamlin Capital Management LLC raised its stake in shares of National Health Investors by 32.9% during the 2nd quarter. Hamlin Capital Management LLC now owns 716,556 shares of the real estate investment trust’s stock worth $55,913,000 after acquiring an additional 177,580 shares in the last quarter. Deutsche Bank AG raised its stake in shares of National Health Investors by 62.5% during the 4th quarter. Deutsche Bank AG now owns 207,051 shares of the real estate investment trust’s stock worth $15,636,000 after acquiring an additional 79,647 shares in the last quarter. American Century Companies Inc. raised its stake in shares of National Health Investors by 99.8% during the 4th quarter. American Century Companies Inc. now owns 149,363 shares of the real estate investment trust’s stock worth $11,283,000 after acquiring an additional 74,604 shares in the last quarter. Finally, Barings LLC raised its stake in shares of National Health Investors by 30.9% during the 1st quarter. Barings LLC now owns 255,401 shares of the real estate investment trust’s stock worth $20,062,000 after acquiring an additional 60,332 shares in the last quarter. Institutional investors and hedge funds own 69.92% of the company’s stock.

National Health Investors Company Profile

Incorporated in 1991, National Health Investors, Inc (NYSE: NHI) is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals.

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Analyst Recommendations for National Health Investors (NYSE:NHI)

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