About National Health Investors (NYSE:NHI)
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. Visit www.nhireit.com for more information.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
SymbolNYSE:NHI
CUSIP63633D10
Phone615-890-9100
Debt
Debt-to-Equity Ratio0.87%
Current Ratio13.85%
Quick Ratio13.85%
Price-To-Earnings
Trailing P/E Ratio12.69
Forward P/E Ratio12.12
P/E Growth3.52
Sales & Book Value
Annual Sales$278.66 million
Price / Sales9.94
Cash Flow$5.4881 per share
Price / Cash12.15
Book Value$31.83 per share
Price / Book2.09
Profitability
EPS (Most Recent Fiscal Year)$5.33
Net Income$159.36 million
Net Margins57.19%
Return on Equity12.20%
Return on Assets6.32%
Miscellaneous
EmployeesN/A
Outstanding Shares41,530,000
National Health Investors (NYSE:NHI) Frequently Asked Questions
What is National Health Investors' stock symbol?
National Health Investors trades on the New York Stock Exchange (NYSE) under the ticker symbol "NHI."
How often does National Health Investors pay dividends? What is the dividend yield for National Health Investors?
National Health Investors announced a quarterly dividend on Friday, February 16th. Investors of record on Friday, March 30th will be paid a dividend of $1.00 per share on Thursday, May 10th. This represents a $4.00 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date of this dividend is Wednesday, March 28th. This is an increase from National Health Investors's previous quarterly dividend of $0.95. View National Health Investors' Dividend History.
How were National Health Investors' earnings last quarter?
National Health Investors, Inc. (NYSE:NHI) issued its earnings results on Friday, February, 16th. The real estate investment trust reported $0.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.33 by $0.43. The real estate investment trust earned $71.06 million during the quarter, compared to the consensus estimate of $71.36 million. National Health Investors had a net margin of 57.19% and a return on equity of 12.20%. View National Health Investors' Earnings History.
When is National Health Investors' next earnings date?
What guidance has National Health Investors issued on next quarter's earnings?
National Health Investors updated its FY18 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of $5.45-5.51 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.48.
What price target have analysts set for NHI?
10 brokers have issued 1 year price objectives for National Health Investors' shares. Their forecasts range from $60.00 to $85.00. On average, they anticipate National Health Investors' share price to reach $73.25 in the next twelve months. View Analyst Ratings for National Health Investors.
What are Wall Street analysts saying about National Health Investors stock?
Here are some recent quotes from research analysts about National Health Investors stock:
- 1. Cantor Fitzgerald analysts commented, "NHI reported better than expected 4Q17 results and initiated 2018 guidance just ahead of the FactSet consensus. Normalized FFO was $1.35 vs. our $1.33 estimate, and the 2018 guidance is $5.45-$5.51 (the $5.47 mid-point compares with $5.47 consensus." (2/16/2018)
- 2. According to Zacks Investment Research, "National Health Investors, Inc. is a real estate investment trust which invests in income producing health care properties primarily in the long-term care industry. The company provides current income for distribution to stockholders through investments in health care related facilities, including long-term care facilities, acute care hospitals, medical office buildings, retirement centers and assisted living facilities. " (11/17/2017)
Who are some of National Health Investors' key competitors?
Some companies that are related to National Health Investors include New Residential Inv (NRZ), Hammerson (HMSNF), Starwood Property Trust (STWD), DCT Industrial Trust (DCT), American Campus Communities (ACC), Lamar Advertising (LAMR), Healthcare Trust Of America (HTA), Omega Healthcare Investors (OHI), CubeSmart (CUBE), CyrusOne (CONE), STORE Capital (STOR), Rayonier (RYN), Medical Properties Trust (MPW), Brixmor Property Group (BRX), Highwoods Properties (HIW), Hospitality Properties Trust (HPT), Apple Hospitality REIT (APLE) and EPR Properties (EPR).
Who are National Health Investors' key executives?
National Health Investors' management team includes the folowing people:
- Mr. D. Eric Mendelsohn, Pres & CEO (Age 56)
- Mr. John L. Spaid, Exec. VP of Fin. (Age 58)
- Mr. Kevin Carlton Pascoe, Chief Investment Officer (Age 37)
- Mr. Roger R. Hopkins, Chief Accounting Officer (Age 56)
- Ms. Kristin Sallee Gaines, Chief Credit Officer (Age 46)
Has National Health Investors been receiving favorable news coverage?
News articles about NHI stock have trended somewhat positive recently, Accern reports. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. National Health Investors earned a media sentiment score of 0.22 on Accern's scale. They also assigned headlines about the real estate investment trust an impact score of 45.01 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
How do I buy shares of National Health Investors?
Shares of NHI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is National Health Investors' stock price today?
One share of NHI stock can currently be purchased for approximately $67.41.
How big of a company is National Health Investors?
National Health Investors has a market capitalization of $2.82 billion and generates $278.66 million in revenue each year. The real estate investment trust earns $159.36 million in net income (profit) each year or $5.33 on an earnings per share basis.
How can I contact National Health Investors?
National Health Investors' mailing address is 222 ROBERT ROSE DRIVE, MURFREESBORO TN, 37129. The real estate investment trust can be reached via phone at 615-890-9100 or via email at [email protected]
MarketBeat Community Rating for National Health Investors (NHI)
MarketBeat's community ratings are surveys of what our community members think about National Health Investors and other stocks. Vote "Outperform" if you believe NHI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NHI will underperform the S&P 500 over the long term. You may vote once every thirty days.
National Health Investors (NYSE:NHI) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
10 Wall Street analysts have issued ratings and price targets for National Health Investors in the last 12 months. Their average twelve-month price target is $73.25, suggesting that the stock has a possible upside of 9.85%. The high price target for NHI is $85.00 and the low price target for NHI is $60.00. There are currently 2 sell ratings, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.10 | 2.10 | 2.00 | 2.00 |
| Ratings Breakdown: | 2 Sell Rating(s)
5 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
5 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
5 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $73.25 | $76.5714 | $80.5714 | $79.1667 |
| Price Target Upside: | 9.85% upside | 15.47% upside | 13.42% upside | 2.24% upside |
National Health Investors (NYSE:NHI) Consensus Price Target History
National Health Investors (NYSE:NHI) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
National Health Investors (NYSE:NHI) Dividend Information
National Health Investors pays an annual dividend of $4.00 per share, with a dividend yield of 6.00%. NHI's next quarterly dividend payment will be made on Thursday, May 10. The company has grown its dividend for the last 8 consecutive years and is increasing its dividend by an average of 7.20% each year. National Health Investors pays out 75.05% of its earnings out as a dividend.
| Next Dividend: | 5/10/2018 |
| Annual Dividend: | $4.00 |
| Dividend Yield: | 6.00% |
| Dividend Growth: | 7.20% (3 Year Average) |
| Payout Ratio: | 75.05% (Trailing 12 Months of Earnings)
72.73% (Based on This Year's Estimates)
70.80% (Based on Next Year's Estimates)
|
| Track Record: | 8 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
National Health Investors (NYSE:NHI) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/16/2018 | Quarterly | $1.00 | 6.22% | 3/28/2018 | 3/30/2018 | 5/10/2018 |
| 11/9/2017 | quarterly | $0.95 | 4.97% | 12/28/2017 | 12/29/2017 | 1/31/2018 |
| 8/9/2017 | quarterly | $0.95 | 5% | 9/28/2017 | 9/29/2017 | 11/10/2017 |
| 5/12/2017 | quarterly | $0.95 | 5.04% | 6/28/2017 | 6/30/2017 | 8/10/2017 |
| 2/17/2017 | quarterly | $0.95 | 5.11% | 3/29/2017 | 3/31/2017 | 5/10/2017 |
| 12/9/2016 | quarterly | $0.90 | 4.88% | 12/28/2016 | 12/30/2016 | 1/31/2017 |
| 8/5/2016 | quarterly | $0.90 | 4.58% | 9/28/2016 | 9/30/2016 | 11/10/2016 |
| 5/9/2016 | quarterly | $0.90 | 5.05% | 6/28/2016 | 6/30/2016 | 8/10/2016 |
| 2/19/2016 | quarterly | $0.90 | 6.02% | 3/29/2016 | 3/31/2016 | 5/10/2016 |
| 12/14/2015 | quarterly | $0.85 | 5.65% | 12/29/2015 | 12/31/2015 | 1/29/2016 |
| 8/6/2015 | quarterly | $0.85 | 5.32% | 9/28/2015 | 9/30/2015 | 11/10/2015 |
| 5/8/2015 | quarterly | $0.85 | 5.11% | 6/26/2015 | 6/30/2015 | 8/10/2015 |
| 2/18/2015 | quarterly | $0.85 | 4.72% | 3/27/2015 | 3/31/2015 | 5/8/2015 |
| 12/9/2014 | quarterly | $0.77 | 4.63% | 12/29/2014 | 12/31/2014 | 1/30/2015 |
| 8/4/2014 | quarterly | $0.77 | 5.02% | 9/26/2014 | 9/30/2014 | 11/10/2014 |
| 5/6/2014 | quarterly | $0.77 | 4.94% | 6/26/2014 | 6/30/2014 | 8/8/2014 |
| 1/28/2014 | quarterly | $0.77 | 4.92% | 3/27/2014 | 3/31/2014 | 5/9/2014 |
| 12/2/2013 | quarterly | $0.7350 | 5.11% | 12/27/2013 | 12/31/2013 | 1/31/2014 |
| 9/16/2013 | quarterly | $0.7350 | 5.03% | 9/26/2013 | 9/30/2013 | 11/8/2013 |
| 4/26/2013 | quarterly | $0.7350 | 4.48% | 6/26/2013 | 6/28/2013 | 8/9/2013 |
| 2/14/2013 | quarterly | $0.6950 | 4.25% | 3/26/2013 | 3/29/2013 | 5/10/2013 |
| 12/28/2012 | special | $0.22 | | 1/8/2013 | 1/10/2013 | 1/31/2013 |
(Data available from 1/1/2013 forward)
National Health Investors (NYSE NHI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 5.19%
Institutional Ownership Percentage: 71.84%
National Health Investors (NYSE NHI) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/26/2018 | Robert A Mccabe Jr | Director | Buy | 312 | $65.69 | $20,495.28 | 11,003 |  |
| 2/22/2018 | D. Eric Mendelsohn | CEO | Buy | 2,000 | $65.47 | $130,940.00 | 10,580 | |
| 2/22/2018 | John L Spaid | VP | Buy | 500 | $64.95 | $32,475.00 | 971 | |
| 11/29/2017 | Robert A Mccabe Jr | Director | Buy | 263 | $78.23 | $20,574.49 | 10,691 | |
| 8/28/2017 | Robert A Mccabe Jr | Director | Buy | 259 | $79.94 | $20,704.46 | 10,428 | |
| 8/24/2017 | Kevin Carlton Pascoe | Insider | Sell | 2,000 | $79.80 | $159,600.00 | 21,228 | |
| 8/30/2016 | Robert A Mccabe Jr | Director | Sell | 800 | $80.29 | $64,232.00 | 10,021 | |
| 6/29/2016 | Kristin Sallee Gaines | Insider | Sell | 8,652 | $73.98 | $640,074.96 | 53,089 | |
| 6/28/2016 | Kristin Sallee Gaines | Insider | Sell | 4,044 | $73.71 | $298,083.24 | 53,089 | |
| 6/13/2016 | Robert A Mccabe Jr | Director | Sell | 1,250 | $71.61 | $89,512.50 | 9,736 | |
| 5/10/2016 | Kevin Carlton Pascoe | EVP | Sell | 2,000 | $70.72 | $141,440.00 | 19,241 | |
| 3/28/2016 | Roger R Hopkins | CAO | Sell | 10,000 | $65.45 | $654,500.00 | 24,558 | |
| 12/11/2015 | Robert A Mccabe Jr | Director | Buy | 35 | $59.10 | $2,068.50 | 8,130 | |
| 11/17/2015 | D. Eric Mendelsohn | CEO | Buy | 1,000 | $56.12 | $56,120.00 | 6,000 | |
| 8/26/2015 | W Andrew Adams | Director | Buy | 2,000 | $55.50 | $111,000.00 | 7,411 | |
| 8/25/2015 | Robert T Webb | Director | Buy | 5,000 | $56.75 | $283,750.00 | 54,473 | |
| 5/13/2015 | D. Eric Mendelsohn | EVP | Buy | 1,500 | $65.77 | $98,655.00 | | |
| 8/29/2014 | Robert A Mccabe Jr | Director | Buy | 180 | $64.41 | $11,593.80 | | |
| 8/6/2014 | James Justin Hutchens | CEO | Buy | 2,040 | $61.40 | $125,256.00 | | |
| 6/24/2014 | James R Jobe | Director | Buy | 1,000 | $63.47 | $63,470.00 | | |
| 6/3/2013 | James Justin Hutchens | CEO | Buy | 1,610 | $62.23 | $100,190.30 | | |
| 2/22/2013 | Kristin Sallee Gaines | Insider | Sell | 7,409 | $65.97 | $488,771.73 | | |
(Data available from 1/1/2013 forward)
National Health Investors (NYSE NHI) News Headlines
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National Health Investors (NYSE:NHI) SEC Filings
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National Health Investors (NYSE:NHI) Income Statement, Balance Sheet and Cash Flow Statement
National Health Investors (NYSE NHI) Stock Chart for Thursday, April, 19, 2018
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