National Health Investors (NYSE:NHI) Hits New 52-Week Low – What’s Next?

National Health Investors, Inc. (NYSE:NHI)’s stock price reached a new 52-week low during trading on Thursday. The company traded as low as $66.55 and last traded at $67.2540, with a volume of 405515 shares changing hands. The stock had previously closed at $67.41.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on NHI shares. BMO Capital Markets reissued an “outperform” rating on shares of National Health Investors in a report on Wednesday. Wells Fargo & Company lowered their price objective on shares of National Health Investors from $79.00 to $78.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 1st. Weiss Ratings reiterated a “buy (b-)” rating on shares of National Health Investors in a report on Wednesday, September 9th. Zacks Research lowered shares of National Health Investors from a “hold” rating to a “strong sell” rating in a report on Thursday, June 25th. Finally, National Bank Financial set a $79.00 target price on National Health Investors in a research note on Wednesday, September 9th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $82.25.

National Health Investors Stock Down 0.3%

The stock’s 50 day simple moving average is $73.00 and its two-hundred day simple moving average is $76.26. The firm has a market cap of $3.29 billion, a P/E ratio of 19.34, a P/E/G ratio of 3.58 and a beta of 0.52. The company has a debt-to-equity ratio of 0.81, a current ratio of 6.78 and a quick ratio of 6.78.

National Health Investors (NYSE:NHI) last issued its quarterly earnings results on Monday, August 10th. The real estate investment trust reported $1.19 EPS for the quarter. The firm 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 business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period 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, research analysts forecast 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 announced a quarterly dividend, which will be paid on Friday, November 6th. Shareholders of record on Wednesday, September 30th will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend is Wednesday, September 30th. National Health Investors’s payout ratio is 106.36%.

Hedge Funds Weigh In On National Health Investors

Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of National Health Investors during the 2nd quarter valued at about $665,997,000. Bank of New York Mellon Corp bought a new stake in shares of National Health Investors in the second quarter worth approximately $122,509,000. Bank of America Corp DE purchased a new position in shares of National Health Investors during the second quarter valued at approximately $77,738,000. Norges Bank purchased a new position in shares of National Health Investors during the fourth quarter valued at approximately $55,301,000. Finally, Legal & General Group Plc bought a new position in National Health Investors during the second quarter valued at approximately $21,745,000. 62.51% of the stock is currently owned by 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.