National Health Investors Inc (NHI) Given Consensus Recommendation of “Hold” by Brokerages

National Health Investors Inc (NYSE:NHI) has been assigned a consensus rating of “Hold” from the twelve ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $74.43.

Several research firms have weighed in on NHI. Wells Fargo & Co reaffirmed a “hold” rating on shares of National Health Investors in a report on Tuesday, August 28th. Zacks Investment Research cut National Health Investors from a “buy” rating to a “hold” rating in a report on Tuesday, August 14th. Cantor Fitzgerald raised their price target on National Health Investors from $75.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday, August 8th. SunTrust Banks reaffirmed a “hold” rating and issued a $79.00 price target on shares of National Health Investors in a report on Wednesday, August 8th. They noted that the move was a valuation call. Finally, Stifel Nicolaus set a $83.00 price target on National Health Investors and gave the company a “buy” rating in a report on Tuesday, August 7th.

NHI traded down $0.10 during trading on Monday, reaching $75.98. 375,162 shares of the company were exchanged, compared to its average volume of 214,432. The stock has a market capitalization of $3.18 billion, a price-to-earnings ratio of 14.26, a price-to-earnings-growth ratio of 3.23 and a beta of 0.30. The company has a debt-to-equity ratio of 0.89, a quick ratio of 15.56 and a current ratio of 14.53. National Health Investors has a 12-month low of $62.71 and a 12-month high of $81.60.

National Health Investors (NYSE:NHI) last issued its quarterly earnings data on Tuesday, November 6th. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.42). National Health Investors had a return on equity of 11.56% and a net margin of 53.15%. The company had revenue of $74.92 million for the quarter, compared to analysts’ expectations of $73.72 million. During the same period last year, the company posted $1.37 EPS. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. On average, research analysts forecast that National Health Investors will post 5.5 earnings per share for the current fiscal year.

Institutional investors have recently made changes to their positions in the company. Truvestments Capital LLC bought a new position in shares of National Health Investors during the 3rd quarter valued at about $108,000. First Hawaiian Bank bought a new position in shares of National Health Investors during the 3rd quarter valued at about $162,000. Nissay Asset Management Corp Japan ADV bought a new position in shares of National Health Investors during the 3rd quarter valued at about $203,000. Zeke Capital Advisors LLC bought a new position in shares of National Health Investors during the 2nd quarter valued at about $201,000. Finally, MML Investors Services LLC bought a new position in shares of National Health Investors during the 3rd quarter valued at about $212,000. Hedge funds and other institutional investors own 68.79% 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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