National Health Investors (NHI)
NYSE:NHI
Want to see NHI full AI Analyst Report?
NHI Stock Chart & Stats
$85.65
$0.39(0.59%)
At close: 4:00 PM EST
$85.65
$0.39(0.59%)
Day’s Range― - ―
52-Week Range$67.94 - $91.38
Previous CloseN/A
Volume33.63K
Average Volume (3M)486.88K
Market Cap
$3.31B
Enterprise Value$4.80B
Total Cash (Recent Filing)$24.95M
Total Debt (Recent Filing)$1.27B
Price to Earnings (P/E)23.0
Beta0.26
Next Earnings
Aug 10, 2026EPS Estimate
0.87Next Dividend Ex-DateN/A
Dividend Yield4.73%
Share Statistics
EPS (TTM)3.11
Shares Outstanding48,471,080
10 Day Avg. Volume471,140
30 Day Avg. Volume486,880
Financial Highlights & Ratios
PEG Ratio-7.19
Price to Book (P/B)2.35
Price to Sales (P/S)9.46
P/FCF Ratio16.25
Enterprise Value/Market Cap1.45
Enterprise Value/Revenue11.91
Enterprise Value/Gross Profit19.44
Enterprise Value/Ebitda16.59
Forecast
1Y Price Target
$89.75Price Target Upside4.79% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)3.58
Revenue Forecast (FY)$278.40M
Bulls Say, Bears Say
Bulls Say
Diversified Recurring IncomeNHI's business model mixes long‑term lease rents and interest income from mortgage/financing, creating multiple recurring cash streams. This diversification reduces reliance on a single revenue source, supports steady distributions, and provides flexibility to reallocate capital between leasing and lending over the medium term.
Strong Cash Generation & MarginsHigh reported net margins and free cash flow that tracks earnings indicate resilient operating economics. Sustainable cash conversion supports dividends, debt servicing and reinvestment into higher‑growth SHOP assets, improving long‑term payout coverage and financial flexibility despite periodic margin volatility.
Strategic SHOP Growth And LiquidityRapid capital deployment into SHOP and a large SHOP NOI increase reflect a deliberate shift toward higher‑growth, private‑pay senior housing. Combined with stated available liquidity (~$960M elsewhere in disclosures), this supports scalable portfolio repositioning and durable earnings diversification over the coming quarters.
Bears Say
Elevated Leverage & Near‑term MaturitiesReported leverage sits near the middle of policy, and meaningful maturities within 12–18 months concentrate refinancing risk. In a higher rate environment or if capital redeployment is delayed, leverage constrains flexibility, increases interest costs and could force asset sales or added equity issuance to hit targets.
Near‑term NFFO Pressure From Disposition TimingTiming of the large NHC portfolio disposition creates a temporary earnings shortfall in normalized FFO even if strategically beneficial. Delays or uncertain 1031 reinvestments can depress distributable cash in the near term and complicate forecasting of recurring earnings until proceeds are redeployed into accretive assets.
Yield Compression & Dilution RiskManagement notes tighter pricing in the senior housing acquisition market, compressing initial yields versus earlier vintages. Combined with active equity programs and prior share dilution, lower acquisition yields could reduce future return on invested capital and increase reliance on equity issuance to fund growth.
National Health Investors News
NHI FAQ
What was National Health Investors’s price range in the past 12 months?
National Health Investors lowest stock price was $67.94 and its highest was $91.38 in the past 12 months.
What is National Health Investors’s market cap?
National Health Investors’s market cap is $3.31B.
When is National Health Investors’s upcoming earnings report date?
National Health Investors’s upcoming earnings report date is Aug 10, 2026 which is in 65 days.
How were National Health Investors’s earnings last quarter?
National Health Investors released its earnings results on May 04, 2026. The company reported $0.82 earnings per share for the quarter, missing the consensus estimate of $0.854 by -$0.034.
Is National Health Investors overvalued?
According to Wall Street analysts National Health Investors’s price is currently Undervalued.
Does National Health Investors pay dividends?
National Health Investors pays a Quarterly dividend of $0.92 which represents an annual dividend yield of 4.73%. See more information on National Health Investors dividends here
What is National Health Investors’s EPS estimate?
National Health Investors’s EPS estimate is 0.87.
How many shares outstanding does National Health Investors have?
National Health Investors has 48,471,080 shares outstanding.
What happened to National Health Investors’s price movement after its last earnings report?
National Health Investors reported an EPS of $0.82 in its last earnings report, missing expectations of $0.854. Following the earnings report the stock price went down -3.461%.
Which hedge fund is a major shareholder of National Health Investors?
Currently, no hedge funds are holding shares in NHI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
National Health Investors Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$89.75 (4.79% Upside)
$89.75 (4.79% Upside)
Blogger Sentiment
Bullish
NHI Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 2.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $103.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.88%
12-Months-Change
Fundamentals
Return on Equity
9.88%
Trailing 12-Months
Asset Growth
3.84%
Trailing 12-Months
Company Description
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.
NHI Company Deck
NHI Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed significant operational and financial momentum: strong quarter-over-quarter and year-over-year growth in key metrics (net income per share, FFO, FAD), rapid expansion and investment activity in the higher-growth SHOP platform, a robust pipeline and ample liquidity. Offsetting these positives were near-term earnings pressure and guidance impacts driven by the timing of the large NHC disposition, underperformance in a small legacy Holiday same-store pool, tighter acquisition yields, modestly higher interest and G&A, and some timing/tax uncertainty related to capital gains deferral. Management framed the NHC sale as strategic for longer-term growth while acknowledging short-term earnings and timing headwinds.View all NHI earnings summariesNHI Stock 12 Month Forecast
Average Price Target
$89.75
▲(4.79% Upside)
Technical Analysis
Ownership Overview
2.41% Insiders
22.12% Mutual Funds
10.37% Other Institutional Investors
42.45% Public Companies and
Individual Investors