National Health Investors Inc (NYSE:NHI) has been given an average recommendation of “Hold” by the twelve analysts that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $74.43.

Several equities research analysts have recently weighed in on NHI shares. Stifel Nicolaus set a $83.00 price target on shares of National Health Investors and gave the stock a “buy” rating in a research report on Tuesday, August 7th. Zacks Investment Research raised shares of National Health Investors from a “hold” rating to a “buy” rating and set a $83.00 price target for the company in a research report on Wednesday, July 25th. SunTrust Banks reaffirmed a “hold” rating and issued a $79.00 price target on shares of National Health Investors in a research report on Wednesday, August 8th. They noted that the move was a valuation call. Wells Fargo & Co reiterated a “hold” rating on shares of National Health Investors in a research note on Tuesday, August 28th. Finally, Cantor Fitzgerald boosted their price objective on shares of National Health Investors from $75.00 to $80.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 8th.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in National Health Investors by 35.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,926 shares of the real estate investment trust’s stock valued at $1,173,000 after purchasing an additional 4,144 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its stake in National Health Investors by 7.6% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 42,521 shares of the real estate investment trust’s stock valued at $3,133,000 after purchasing an additional 2,987 shares in the last quarter. Principal Financial Group Inc. increased its stake in National Health Investors by 7,076.6% during the 1st quarter. Principal Financial Group Inc. now owns 506,594 shares of the real estate investment trust’s stock valued at $34,089,000 after purchasing an additional 499,535 shares in the last quarter. Aperio Group LLC increased its stake in National Health Investors by 35.8% during the 2nd quarter. Aperio Group LLC now owns 21,950 shares of the real estate investment trust’s stock valued at $1,617,000 after purchasing an additional 5,781 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in National Health Investors by 26.2% during the 2nd quarter. First Trust Advisors LP now owns 82,106 shares of the real estate investment trust’s stock valued at $6,050,000 after purchasing an additional 17,059 shares in the last quarter. Hedge funds and other institutional investors own 68.68% of the company’s stock.

Shares of NHI traded down $0.61 during mid-day trading on Friday, hitting $77.59. The company’s stock had a trading volume of 234,002 shares, compared to its average volume of 119,859. National Health Investors has a 52-week low of $62.71 and a 52-week high of $81.60. The stock has a market capitalization of $3.27 billion, a PE ratio of 14.56, a PEG ratio of 3.34 and a beta of 0.35. The company has a debt-to-equity ratio of 0.90, a quick ratio of 15.56 and a current ratio of 15.56.

National Health Investors (NYSE:NHI) last announced its quarterly earnings results on Tuesday, August 7th. The real estate investment trust reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.05). National Health Investors had a return on equity of 11.49% and a net margin of 53.16%. The business had revenue of $72.96 million during the quarter, compared to analysts’ expectations of $73.80 million. equities research analysts forecast that National Health Investors will post 5.51 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 9th. Investors of record on Friday, September 28th will be paid a dividend of $1.00 per share. The ex-dividend date is Thursday, September 27th. This represents a $4.00 annualized dividend and a dividend yield of 5.16%. National Health Investors’s dividend payout ratio (DPR) is presently 75.05%.

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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Analyst Recommendations for National Health Investors (NYSE:NHI)

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