National Health Investors, Inc. (NYSE:NHI – Get Rating) – Equities researchers at Capital One Financial upped their FY2022 earnings per share estimates for shares of National Health Investors in a research note issued to investors on Monday, November 28th. Capital One Financial analyst D. Bernstein now expects that the real estate investment trust will post earnings of $4.52 per share for the year, up from their previous estimate of $4.49. The consensus estimate for National Health Investors’ current full-year earnings is $4.51 per share. Capital One Financial also issued estimates for National Health Investors’ Q1 2023 earnings at $0.99 EPS, Q2 2023 earnings at $1.07 EPS, Q3 2023 earnings at $1.09 EPS, Q4 2023 earnings at $1.13 EPS, FY2023 earnings at $4.28 EPS, Q1 2024 earnings at $1.10 EPS, Q2 2024 earnings at $1.26 EPS, Q3 2024 earnings at $1.28 EPS and FY2024 earnings at $4.98 EPS.
NHI has been the topic of several other research reports. Credit Suisse Group cut their target price on National Health Investors to $47.00 in a research note on Friday, November 4th. StockNews.com began coverage on National Health Investors in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Finally, Truist Financial cut their target price on National Health Investors from $64.00 to $61.00 and set a “hold” rating on the stock in a research note on Monday, September 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $58.50.
National Health Investors Trading Up 3.0 %
NYSE NHI opened at $54.91 on Wednesday. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of 34.97 and a beta of 0.86. The stock’s 50 day moving average price is $55.13 and its two-hundred day moving average price is $59.61. The company has a debt-to-equity ratio of 0.85, a quick ratio of 13.83 and a current ratio of 13.82. National Health Investors has a 52 week low of $50.22 and a 52 week high of $67.16.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Teacher Retirement System of Texas increased its holdings in shares of National Health Investors by 7.3% during the 1st quarter. Teacher Retirement System of Texas now owns 8,955 shares of the real estate investment trust’s stock worth $528,000 after acquiring an additional 607 shares during the last quarter. Aigen Investment Management LP acquired a new position in shares of National Health Investors during the 1st quarter worth approximately $289,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of National Health Investors during the 2nd quarter worth approximately $12,971,000. Mackenzie Financial Corp acquired a new position in shares of National Health Investors during the 2nd quarter worth approximately $201,000. Finally, State Board of Administration of Florida Retirement System increased its holdings in shares of National Health Investors by 71.8% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 13,548 shares of the real estate investment trust’s stock worth $821,000 after acquiring an additional 5,660 shares during the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.
National Health Investors Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, January 27th. Shareholders of record on Friday, December 30th will be given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 6.56%. The ex-dividend date is Thursday, December 29th. National Health Investors’s dividend payout ratio (DPR) is 229.30%.
About National Health Investors
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider National Health Investors, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and National Health Investors wasn’t on the list.
While National Health Investors currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Source: news.google.com
