National Health Investors, Inc. (NYSE:NHI – Get Free Report) announced a quarterly dividend on Tuesday, February 17th. Shareholders of record on Tuesday, March 31st will be paid a dividend of 0.92 per share by the real estate investment trust on Friday, May 1st. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Tuesday, March 31st.
National Health Investors has decreased its dividend by an average of 0.0%annually over the last three years. National Health Investors has a dividend payout ratio of 112.5% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect National Health Investors to earn $4.66 per share next year, which means the company should continue to be able to cover its $3.68 annual dividend with an expected future payout ratio of 79.0%.
National Health Investors Stock Down 0.6%
Shares of NHI opened at $82.30 on Friday. The stock has a fifty day simple moving average of $84.55 and a two-hundred day simple moving average of $79.80. The company has a quick ratio of 6.90, a current ratio of 6.90 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $3.99 billion, a PE ratio of 27.25, a price-to-earnings-growth ratio of 4.45 and a beta of 0.65. National Health Investors has a 52-week low of $66.41 and a 52-week high of $91.38.
Analysts Set New Price Targets
NHI has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft lowered shares of National Health Investors from a “buy” rating to a “hold” rating and set a $85.00 price target on the stock. in a research report on Tuesday, January 20th. Truist Financial increased their price objective on National Health Investors from $85.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, March 12th. Weiss Ratings restated a “buy (b)” rating on shares of National Health Investors in a research report on Monday, December 29th. Wells Fargo & Company upped their price target on National Health Investors from $85.00 to $86.00 and gave the company an “equal weight” rating in a research note on Friday. Finally, National Bank Financial set a $85.00 price target on National Health Investors in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, National Health Investors presently has an average rating of “Moderate Buy” and a consensus price target of $86.83.
Get Our Latest Analysis on National Health Investors
National Health Investors Company Profile
National Health Investors, Inc (NYSE: NHI) is a specialized real estate investment trust (REIT) focused on owning and financing high-quality healthcare and senior housing facilities in the United States. The company’s portfolio encompasses a diverse range of properties, including skilled nursing centers, assisted living and memory care communities, behavioral health facilities, dialysis clinics, and medical office buildings. NHI typically enters into long-term net-lease agreements with experienced healthcare operators, providing stable and predictable rental income streams while enabling its tenants to concentrate on delivering quality care.
Since its founding in 1991 and initial public offering later that year, National Health Investors has pursued a disciplined growth strategy centered on strategic acquisitions, joint ventures, and selective development.
Read More
Receive News & Ratings for National Health Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Health Investors and related companies with MarketBeat.com's FREE daily email newsletter.
