National Health Investors, Inc. (NYSE:NHI) Sees Significant Increase in Short Interest

National Health Investors, Inc. (NYSE:NHI - Get Free Report) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 2,010,000 shares, a growth of 34.0% from the May 15th total of 1,500,000 shares. Approximately 4.5% of the company's shares are sold short. Based on an average daily volume of 262,000 shares, the short-interest ratio is presently 7.7 days.

Hedge Funds Weigh In On National Health Investors

Large investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC lifted its holdings in National Health Investors by 49.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 442 shares of the real estate investment trust's stock worth $33,000 after buying an additional 147 shares during the last quarter. Loomis Sayles & Co. L P increased its holdings in shares of National Health Investors by 42.0% in the 4th quarter. Loomis Sayles & Co. L P now owns 639 shares of the real estate investment trust's stock valued at $44,000 after acquiring an additional 189 shares during the last quarter. GF Fund Management CO. LTD. acquired a new stake in shares of National Health Investors during the 4th quarter worth about $58,000. Jones Financial Companies Lllp lifted its stake in National Health Investors by 781.2% during the fourth quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust's stock worth $62,000 after purchasing an additional 789 shares during the last quarter. Finally, Venturi Wealth Management LLC acquired a new position in National Health Investors in the fourth quarter valued at approximately $63,000. Hedge funds and other institutional investors own 62.51% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on NHI shares. Wedbush reissued an "outperform" rating and set a $88.00 target price on shares of National Health Investors in a research note on Monday, March 17th. Truist Financial increased their price target on shares of National Health Investors from $76.00 to $77.00 and gave the stock a "hold" rating in a research report on Monday, June 9th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, National Health Investors presently has an average rating of "Hold" and an average target price of $85.75.

National Health Investors Stock Up 1.1%

NHI traded up $0.80 on Tuesday, hitting $70.67. 125,890 shares of the company were exchanged, compared to its average volume of 239,665. The firm has a 50-day moving average price of $73.77 and a two-hundred day moving average price of $71.85. The company has a current ratio of 10.29, a quick ratio of 10.29 and a debt-to-equity ratio of 0.92. National Health Investors has a twelve month low of $65.13 and a twelve month high of $86.13. The company has a market cap of $3.30 billion, a price-to-earnings ratio of 24.29, a price-to-earnings-growth ratio of 4.42 and a beta of 0.75.

National Health Investors (NYSE:NHI - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.15 EPS for the quarter, topping analysts' consensus estimates of $1.13 by $0.02. The business had revenue of $68.87 million during the quarter, compared to the consensus estimate of $85.13 million. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The business's revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.10 earnings per share. On average, equities analysts predict that National Health Investors will post 4.41 earnings per share for the current year.

National Health Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Monday, June 30th will be given a dividend of $0.90 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.60 annualized dividend and a dividend yield of 5.09%. National Health Investors's dividend payout ratio (DPR) is currently 114.29%.

About National Health Investors

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

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