National Health Investors, Inc. (NYSE:NHI – Get Free Report) announced a quarterly dividend on Monday, November 9th. Investors of record on Thursday, December 31st will be given a dividend of $0.92 per share by the real estate investment trust on Friday, January 29th. This represents a $3.68 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Thursday, December 31st.
National Health Investors has a payout ratio of 115.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect National Health Investors to earn $4.98 per share next year, which means the company should continue to be able to cover its $3.76 annual dividend with an expected future payout ratio of 75.5%.
National Health Investors Stock Up 0.3%
NYSE:NHI opened at $71.49 on Tuesday. The company has a market cap of $3.51 billion, a PE ratio of 20.66, a P/E/G ratio of 4.54 and a beta of 0.51. National Health Investors has a twelve month low of $63.51 and a twelve month high of $91.38. The company has a current ratio of 6.78, a quick ratio of 6.78 and a debt-to-equity ratio of 0.81. The company’s 50 day moving average is $67.80 and its two-hundred day moving average is $76.13.
National Health Investors (NYSE:NHI – Get Free Report) last posted its earnings results on Monday, November 9th. The real estate investment trust reported $11.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $10.29. National Health Investors had a net margin of 38.56% and a return on equity of 10.89%. The company had revenue of $113.48 million during the quarter, compared to the consensus estimate of $68.53 million. Analysts anticipate that National Health Investors will post 4.76 EPS for the current year.
About National Health Investors
National Health Investors, Inc (NYSE: NHI) is a real estate investment trust that owns and finances properties used for senior housing and health care. Founded in 1991, the company is headquartered in Murfreesboro, Tennessee.
NHI’s portfolio includes senior housing communities, such as independent living, assisted living and memory care properties, as well as skilled nursing facilities. It typically works with health care operators through property leases and mortgage loans.
The company serves markets across the United States.
Further Reading
- Five stocks we like better than National Health Investors
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
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.
