Shares of National Health Investors Inc (NYSE:NHI) have been assigned an average rating of “Hold” from the eleven ratings firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $79.17.

A number of brokerages have issued reports on NHI. KeyCorp restated an “underweight” rating on shares of National Health Investors in a research note on Tuesday. Zacks Investment Research lowered shares of National Health Investors from a “buy” rating to a “hold” rating in a research note on Friday, November 17th. ValuEngine upgraded shares of National Health Investors from a “hold” rating to a “buy” rating in a research note on Friday, November 10th. Capital One Financial began coverage on shares of National Health Investors in a research note on Monday, October 23rd. They issued an “equal weight” rating on the stock. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $80.00 price objective on shares of National Health Investors in a research note on Wednesday, October 18th.

Shares of National Health Investors (NYSE NHI) traded down $1.29 during trading on Friday, reaching $76.44. 401,516 shares of the company’s stock were exchanged, compared to its average volume of 209,928. The company has a debt-to-equity ratio of 0.84, a current ratio of 12.72 and a quick ratio of 12.72. National Health Investors has a twelve month low of $68.96 and a twelve month high of $81.60. The firm has a market cap of $3,210.00, a price-to-earnings ratio of 15.51, a price-to-earnings-growth ratio of 3.97 and a beta of 0.59.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be paid a $0.95 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.97%. National Health Investors’s payout ratio is currently 95.00%.

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of National Health Investors by 1.2% in the second quarter. Vanguard Group Inc. now owns 6,291,954 shares of the real estate investment trust’s stock worth $498,323,000 after acquiring an additional 72,518 shares during the period. BlackRock Inc. increased its stake in shares of National Health Investors by 6.6% in the second quarter. BlackRock Inc. now owns 3,547,049 shares of the real estate investment trust’s stock worth $280,927,000 after acquiring an additional 218,482 shares during the period. Northern Trust Corp increased its stake in shares of National Health Investors by 6.4% in the second quarter. Northern Trust Corp now owns 1,007,869 shares of the real estate investment trust’s stock worth $79,823,000 after acquiring an additional 60,784 shares during the period. State Street Corp grew its position in National Health Investors by 8.5% during the second quarter. State Street Corp now owns 999,167 shares of the real estate investment trust’s stock valued at $79,133,000 after buying an additional 78,355 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in National Health Investors by 4.1% during the third quarter. Dimensional Fund Advisors LP now owns 588,733 shares of the real estate investment trust’s stock valued at $45,504,000 after buying an additional 23,191 shares during the period. Hedge funds and other institutional investors own 70.08% of the company’s stock.

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About National Health Investors

National Health Investors, Inc is a self-managed real estate investment trust (REIT) specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. The Company is engaged in the business of owning and financing healthcare properties.

Analyst Recommendations for National Health Investors (NYSE:NHI)

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