National Health Investors (NHI) to Release Quarterly Earnings on Tuesday

National Health Investors (NYSE:NHI) will release its earnings data after the market closes on Tuesday, August 6th. Analysts expect National Health Investors to post earnings of $1.10 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

National Health Investors Stock Down 0.4 %

National Health Investors stock opened at $74.41 on Monday. The stock has a market cap of $3.23 billion, a PE ratio of 24.40 and a beta of 1.02. The company has a debt-to-equity ratio of 0.91, a quick ratio of 13.24 and a current ratio of 13.24. National Health Investors has a fifty-two week low of $48.51 and a fifty-two week high of $76.65. The firm’s 50-day simple moving average is $69.21 and its 200 day simple moving average is $62.90.

Wall Street Analyst Weigh In

NHI has been the topic of several research analyst reports. Truist Financial upped their price objective on National Health Investors from $58.00 to $65.00 and gave the company a “hold” rating in a research note on Wednesday, June 26th. StockNews.com downgraded shares of National Health Investors from a “buy” rating to a “hold” rating in a research note on Thursday, April 18th. Finally, Wells Fargo & Company lifted their price objective on shares of National Health Investors from $63.00 to $69.00 and gave the company an “overweight” rating in a research note on Thursday, May 30th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $62.13.

Insider Activity at National Health Investors

In other National Health Investors news, Director Robert A. Mccabe, Jr. acquired 437 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The stock was bought at an average price of $65.83 per share, with a total value of $28,767.71. Following the completion of the purchase, the director now owns 21,585 shares of the company’s stock, valued at $1,420,940.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 7.26% of the stock is owned by corporate insiders.

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.