Shares of National Health Investors Inc (NYSE:NHI) have earned a consensus rating of “Hold” from the eight ratings firms that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $80.00.

Several research analysts recently weighed in on NHI shares. ValuEngine upgraded Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a research report on Monday, April 1st. Zacks Investment Research lowered Hancock Jaffe Laboratories from a “buy” rating to a “hold” rating in a research report on Wednesday, June 26th.

Shares of NHI stock traded down $0.04 during trading hours on Friday, reaching $79.56. The company had a trading volume of 33,109 shares, compared to its average volume of 259,295. The company has a debt-to-equity ratio of 0.91, a current ratio of 14.99 and a quick ratio of 14.99. The stock has a fifty day simple moving average of $79.03. The firm has a market cap of $3.43 billion, a P/E ratio of 14.52, a price-to-earnings-growth ratio of 3.61 and a beta of 0.38. National Health Investors has a 12-month low of $70.54 and a 12-month high of $84.57.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 9th. Stockholders of record on Friday, June 28th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 5.28%. The ex-dividend date of this dividend is Thursday, June 27th. National Health Investors’s payout ratio is currently 76.64%.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Prudential Financial Inc. grew its stake in National Health Investors by 10.6% during the 4th quarter. Prudential Financial Inc. now owns 4,990 shares of the real estate investment trust’s stock valued at $377,000 after purchasing an additional 477 shares during the last quarter. Advisor Group Inc. raised its holdings in National Health Investors by 6.5% in the 4th quarter. Advisor Group Inc. now owns 5,790 shares of the real estate investment trust’s stock worth $437,000 after purchasing an additional 355 shares during the period. Great West Life Assurance Co. Can raised its holdings in National Health Investors by 47.5% in the 4th quarter. Great West Life Assurance Co. Can now owns 7,927 shares of the real estate investment trust’s stock worth $577,000 after purchasing an additional 2,553 shares during the period. Nomura Asset Management Co. Ltd. raised its holdings in National Health Investors by 3.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 26,810 shares of the real estate investment trust’s stock worth $2,025,000 after purchasing an additional 890 shares during the period. Finally, Hsbc Holdings PLC raised its holdings in National Health Investors by 3.7% in the 4th quarter. Hsbc Holdings PLC now owns 7,475 shares of the real estate investment trust’s stock worth $564,000 after purchasing an additional 266 shares during the period. Institutional investors and hedge funds own 69.61% of the company’s stock.

About National Health Investors

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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