Wedbush Reiterates "Outperform" Rating for National Health Investors (NYSE:NHI)

Wedbush reissued their outperform rating on shares of National Health Investors (NYSE:NHI - Free Report) in a report published on Monday morning, Marketbeat Ratings reports. The brokerage currently has a $88.00 price objective on the real estate investment trust's stock. Wedbush also issued estimates for National Health Investors' Q1 2025 earnings at $1.11 EPS, Q2 2025 earnings at $1.16 EPS, Q3 2025 earnings at $1.18 EPS, Q4 2025 earnings at $1.21 EPS, Q1 2026 earnings at $1.20 EPS, Q2 2026 earnings at $1.21 EPS, Q3 2026 earnings at $1.22 EPS and Q4 2026 earnings at $1.23 EPS.

Separately, Truist Financial decreased their price target on shares of National Health Investors from $78.00 to $72.00 and set a "hold" rating for the company in a report on Monday, December 23rd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $85.50.

National Health Investors Stock Down 1.7 %

Shares of NYSE NHI traded down $1.28 during trading hours on Monday, hitting $73.47. 712,093 shares of the stock were exchanged, compared to its average volume of 203,307. National Health Investors has a 12 month low of $57.80 and a 12 month high of $86.13. The firm has a fifty day moving average price of $70.22 and a 200-day moving average price of $74.68. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. The company has a market cap of $3.36 billion, a PE ratio of 25.25, a PEG ratio of 4.42 and a beta of 1.08.

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National Health Investors (NYSE:NHI - Get Free Report) last issued its quarterly earnings results 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. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The business had revenue of $85.75 million for the quarter, compared to the consensus estimate of $81.13 million. On average, sell-side analysts expect that National Health Investors will post 4.41 EPS for the current year.

National Health Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, March 31st will be given a dividend of $0.90 per share. The ex-dividend date is Monday, March 31st. This represents a $3.60 dividend on an annualized basis and a yield of 4.90%. National Health Investors's dividend payout ratio is presently 115.38%.

Institutional Investors Weigh In On National Health Investors

Hedge funds have recently added to or reduced their stakes in the business. Quarry LP purchased a new stake in shares of National Health Investors in the third quarter worth about $27,000. Point72 DIFC Ltd acquired a new position in National Health Investors in the third quarter valued at approximately $35,000. Loomis Sayles & Co. L P purchased a new stake in National Health Investors in the 3rd quarter worth approximately $38,000. Assetmark Inc. grew its stake in shares of National Health Investors by 27.8% during the 3rd quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust's stock worth $54,000 after purchasing an additional 141 shares during the period. Finally, GF Fund Management CO. LTD. purchased a new position in shares of National Health Investors during the 4th quarter valued at approximately $58,000. 62.51% of the stock is owned by hedge funds and other institutional investors.

National Health Investors Company Profile

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.