National Health Investors, Inc. (NYSE:NHI) Short Interest Update

National Health Investors, Inc. (NYSE:NHI) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 1,387,280 shares, a drop of 29.8% from the December 15th total of 1,975,807 shares. Based on an average trading volume of 230,633 shares, the days-to-cover ratio is presently 6.0 days. Currently, 3.2% of the company’s stock are sold short. Currently, 3.2% of the company’s stock are sold short. Based on an average trading volume of 230,633 shares, the days-to-cover ratio is presently 6.0 days.

Institutional Trading of National Health Investors

A number of institutional investors and hedge funds have recently modified their holdings of the company. Aberdeen Group plc raised its holdings in National Health Investors by 73.7% in the 4th quarter. Aberdeen Group plc now owns 45,355 shares of the real estate investment trust’s stock worth $3,464,000 after acquiring an additional 19,241 shares during the period. Pensionfund Sabic bought a new position in shares of National Health Investors in the fourth quarter worth about $267,000. Pensionfund PDN acquired a new position in shares of National Health Investors during the 4th quarter worth about $535,000. SG Americas Securities LLC lifted its position in shares of National Health Investors by 70.5% during the 4th quarter. SG Americas Securities LLC now owns 12,042 shares of the real estate investment trust’s stock worth $920,000 after purchasing an additional 4,981 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in National Health Investors by 9.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,683 shares of the real estate investment trust’s stock valued at $358,000 after purchasing an additional 400 shares during the period. 62.51% of the stock is currently owned by institutional investors and hedge funds.

National Health Investors Stock Down 0.4%

National Health Investors stock traded down $0.34 during mid-day trading on Friday, hitting $80.09. 260,061 shares of the company’s stock were exchanged, compared to its average volume of 175,435. National Health Investors has a 1-year low of $65.22 and a 1-year high of $80.87. The stock has a 50 day moving average of $77.80 and a two-hundred day moving average of $76.00. 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 market cap of $3.82 billion, a P/E ratio of 25.26, a P/E/G ratio of 2.99 and a beta of 0.67.

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

National Health Investors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st will be given a dividend of $0.92 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $3.68 dividend on an annualized basis and a yield of 4.6%. National Health Investors’s dividend payout ratio is presently 116.09%.

Analyst Ratings Changes

A number of analysts have recently issued reports on NHI shares. Truist Financial increased their price target on shares of National Health Investors from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Wells Fargo & Company increased their target price on shares of National Health Investors from $80.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. National Bankshares set a $90.00 price target on shares of National Health Investors in a report on Wednesday, October 1st. KeyCorp upped their price target on shares of National Health Investors from $80.00 to $88.00 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of National Health Investors in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $86.50.

About National Health Investors

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.