National Health Investors (NYSE:NHI) Sets New 52-Week Low - What's Next?

National Health Investors, Inc. (NYSE:NHI - Get Free Report)'s share price hit a new 52-week low during trading on Wednesday. The company traded as low as $66.50 and last traded at $66.6120, with a volume of 490805 shares changing hands. The stock had previously closed at $66.84.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NHI. Wells Fargo & Company decreased their target price on National Health Investors from $79.00 to $78.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft dropped their price target on National Health Investors from $85.00 to $80.00 and set a "hold" rating for the company in a research report on Thursday, June 25th. National Bank Financial set a $79.00 price objective on National Health Investors in a research note on Wednesday, September 9th. Zacks Research lowered National Health Investors from a "hold" rating to a "strong sell" rating in a report on Thursday, June 25th. Finally, Huntington started coverage on shares of National Health Investors in a research note on Thursday, September 10th. They set an "outperform" rating and a $79.00 target price on the stock. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $82.25.

National Health Investors Stock Performance

The company has a market cap of $3.27 billion, a price-to-earnings ratio of 19.25, a P/E/G ratio of 3.57 and a beta of 0.52. The company has a current ratio of 6.78, a quick ratio of 6.78 and a debt-to-equity ratio of 0.81. The stock's fifty day simple moving average is $72.47 and its 200 day simple moving average is $75.92.

National Health Investors (NYSE:NHI - Get Free Report) last issued its earnings results on Monday, August 10th. The real estate investment trust reported $1.19 earnings per share for the quarter. The business had revenue of $121.32 million for the quarter. National Health Investors had a return on equity of 10.89% and a net margin of 38.56%.The company's revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.22 earnings per share. National Health Investors has set its FY 2026 guidance at 4.740-4.790 EPS. As a group, analysts anticipate that National Health Investors, Inc. will post 4.76 earnings per share for the current year.

National Health Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 6th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $3.68 dividend on an annualized basis and a yield of 5.5%. National Health Investors's payout ratio is 108.67%.

Institutional Trading of National Health Investors

Several large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in shares of National Health Investors during the 2nd quarter worth $665,997,000. Principal Financial Group Inc. boosted its position in shares of National Health Investors by 2.0% during the 1st quarter. Principal Financial Group Inc. now owns 1,700,908 shares of the real estate investment trust's stock valued at $137,537,000 after acquiring an additional 32,902 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of National Health Investors in the second quarter valued at about $122,509,000. Geode Capital Management LLC grew its holdings in shares of National Health Investors by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 1,262,657 shares of the real estate investment trust's stock valued at $96,443,000 after purchasing an additional 18,198 shares during the period. Finally, Centersquare Investment Management LLC increased its position in National Health Investors by 17.0% during the fourth quarter. Centersquare Investment Management LLC now owns 1,154,060 shares of the real estate investment trust's stock worth $88,136,000 after purchasing an additional 167,352 shares during the last quarter. 62.51% of the stock is currently owned by hedge funds and other institutional investors.

National Health Investors Company Profile

National Health Investors, Inc NYSE: NHI is a real estate investment trust that owns and finances healthcare real estate. The company focuses primarily on properties serving older adults and patients requiring specialized care, including independent living, assisted living, memory care, skilled nursing and continuing care retirement communities.

NHI generally leases its properties to healthcare and senior-living operators under long-term agreements, including primarily triple-net leases, under which tenants are typically responsible for property-level operating expenses, maintenance and taxes.

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