National Health Investors Inc (NYSE:NHI) – KeyCorp issued their FY2021 EPS estimates for shares of National Health Investors in a research report issued to clients and investors on Wednesday, January 15th. KeyCorp analyst J. Sadler anticipates that the real estate investment trust will post earnings per share of $5.86 for the year.
Other equities research analysts have also issued research reports about the stock. Mizuho reissued a “buy” rating and set a $95.00 price objective on shares of National Health Investors in a research note on Friday, December 20th. Zacks Investment Research lowered shares of National Health Investors from a “hold” rating to a “sell” rating in a research note on Saturday, November 9th. BMO Capital Markets raised shares of National Health Investors from an “underperform” rating to a “market perform” rating and boosted their price objective for the stock from $74.00 to $82.00 in a research note on Tuesday, January 7th. Finally, ValuEngine raised shares of National Health Investors from a “sell” rating to a “hold” rating in a research note on Friday, October 25th. One investment 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. The company has a consensus rating of “Hold” and an average price target of $88.00.
National Health Investors (NYSE:NHI) last posted its quarterly earnings data on Thursday, November 7th. The real estate investment trust reported $0.97 EPS for the quarter, missing the consensus estimate of $1.39 by ($0.42). National Health Investors had a return on equity of 10.94% and a net margin of 50.18%. The business had revenue of $81.68 million for the quarter, compared to the consensus estimate of $79.96 million. During the same period in the previous year, the firm earned $1.39 EPS. The company’s revenue was up 9.0% on a year-over-year basis.
Large investors have recently bought and sold shares of the stock. California Public Employees Retirement System raised its holdings in National Health Investors by 32.0% in the third quarter. California Public Employees Retirement System now owns 96,892 shares of the real estate investment trust’s stock worth $7,983,000 after buying an additional 23,504 shares during the last quarter. Tuttle Tactical Management purchased a new position in National Health Investors in the third quarter worth about $818,000. Daiwa Securities Group Inc. raised its holdings in National Health Investors by 51.4% in the third quarter. Daiwa Securities Group Inc. now owns 10,900 shares of the real estate investment trust’s stock worth $898,000 after buying an additional 3,700 shares during the last quarter. UBS Oconnor LLC raised its holdings in National Health Investors by 84.5% in the second quarter. UBS Oconnor LLC now owns 112,150 shares of the real estate investment trust’s stock worth $8,751,000 after buying an additional 51,350 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in National Health Investors by 67.5% in the third quarter. Janney Montgomery Scott LLC now owns 21,054 shares of the real estate investment trust’s stock worth $1,735,000 after buying an additional 8,485 shares during the last quarter. 70.55% of the stock is currently owned by institutional investors and hedge funds.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 5.00%. The ex-dividend date of this dividend is Monday, December 30th. National Health Investors’s payout ratio is currently 76.64%.
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.
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