National Health Investors, Inc. (NYSE:NHI) Given Consensus Rating of “Moderate Buy” by Brokerages

National Health Investors, Inc. (NYSE:NHI) has been assigned a consensus recommendation of “Moderate Buy” from the five research firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $76.60.

Several research firms have recently weighed in on NHI. StockNews.com cut National Health Investors from a “buy” rating to a “hold” rating in a research report on Tuesday, October 15th. Truist Financial reduced their price objective on National Health Investors from $78.00 to $72.00 and set a “hold” rating for the company in a research report on Monday, December 23rd.

Hedge Funds Weigh In On National Health Investors

A number of hedge funds have recently added to or reduced their stakes in NHI. Zimmer Partners LP bought a new position in shares of National Health Investors in the 3rd quarter valued at $25,218,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of National Health Investors by 332.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 242,326 shares of the real estate investment trust’s stock valued at $20,370,000 after purchasing an additional 186,238 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of National Health Investors by 17.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 852,377 shares of the real estate investment trust’s stock valued at $71,651,000 after purchasing an additional 123,596 shares during the last quarter. Waterfront Capital Partners LLC bought a new position in shares of National Health Investors in the 3rd quarter valued at $10,097,000. Finally, Principal Financial Group Inc. increased its stake in shares of National Health Investors by 5.3% in the 4th quarter. Principal Financial Group Inc. now owns 1,648,499 shares of the real estate investment trust’s stock valued at $114,242,000 after purchasing an additional 82,825 shares during the last quarter. Institutional investors own 62.51% of the company’s stock.

National Health Investors Trading Up 0.9 %

NYSE NHI opened at $68.64 on Friday. The stock has a 50-day simple moving average of $70.29 and a 200 day simple moving average of $75.66. The company has a market capitalization of $3.12 billion, a PE ratio of 23.59, a P/E/G ratio of 4.32 and a beta of 1.06. The company has a current ratio of 10.29, a quick ratio of 10.29 and a debt-to-equity ratio of 0.92. National Health Investors has a 12 month low of $51.59 and a 12 month high of $86.13.

National Health Investors (NYSE:NHI) last posted its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.42). National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The business had revenue of $63.32 million during the quarter, compared to analyst estimates of $67.93 million. During the same period in the previous year, the firm posted $1.08 earnings per share. The firm’s revenue was up 1.7% on a year-over-year basis. Research analysts forecast that National Health Investors will post 4.41 EPS for the current year.

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.