National Health Investors, Inc. (NYSE:NHI) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of National Health Investors, Inc. (NYSE:NHI - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the five research firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $76.60.

Separately, Truist Financial dropped their target price on shares of National Health Investors from $78.00 to $72.00 and set a "hold" rating on the stock in a research report on Monday, December 23rd.

Institutional Trading of National Health Investors

Several large investors have recently made changes to their positions in the business. Assetmark Inc. boosted its holdings in shares of National Health Investors by 27.8% in the 3rd quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust's stock valued at $54,000 after acquiring an additional 141 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of National Health Investors by 4.0% in the 4th quarter. Focus Partners Wealth now owns 4,867 shares of the real estate investment trust's stock valued at $337,000 after purchasing an additional 188 shares during the period. Loomis Sayles & Co. L P lifted its stake 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 purchasing an additional 189 shares during the period. State of Alaska Department of Revenue lifted its stake in shares of National Health Investors by 1.0% in the 4th quarter. State of Alaska Department of Revenue now owns 20,040 shares of the real estate investment trust's stock valued at $1,388,000 after purchasing an additional 196 shares during the period. Finally, Aviance Capital Partners LLC lifted its stake in shares of National Health Investors by 6.2% in the 3rd quarter. Aviance Capital Partners LLC now owns 3,788 shares of the real estate investment trust's stock valued at $318,000 after purchasing an additional 221 shares during the period. 62.51% of the stock is owned by hedge funds and other institutional investors.

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National Health Investors Stock Up 0.4 %

Shares of National Health Investors stock traded up $0.28 on Wednesday, reaching $71.53. The stock had a trading volume of 476,557 shares, compared to its average volume of 203,196. The company has a 50 day moving average price of $68.72 and a 200 day moving average price of $75.01. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. National Health Investors has a 1 year low of $56.70 and a 1 year high of $86.13. The stock has a market capitalization of $3.27 billion, a P/E ratio of 24.58, a P/E/G ratio of 4.42 and a beta of 1.06.

National Health Investors (NYSE:NHI - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.10 by $0.03. The firm had revenue of $85.75 million for the quarter, compared to the consensus estimate of $81.13 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. As a group, equities research analysts forecast that National Health Investors will post 4.41 EPS for the current year.

National Health Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Monday, March 31st will be issued a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 5.03%. The ex-dividend date is Monday, March 31st. National Health Investors's dividend payout ratio (DPR) is currently 115.38%.

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.