National Health Investors Inc (NHI) Expected to Post Q3 2018 Earnings of $1.41 Per Share

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National Health Investors Inc (NYSE:NHI) – Stock analysts at Capital One Financial upped their Q3 2018 earnings per share estimates for National Health Investors in a research note issued on Wednesday, August 8th. Capital One Financial analyst D. Bernstein now expects that the real estate investment trust will post earnings of $1.41 per share for the quarter, up from their prior estimate of $1.40. Capital One Financial currently has a “Overweight” rating on the stock. Capital One Financial also issued estimates for National Health Investors’ Q4 2018 earnings at $1.40 EPS, Q1 2019 earnings at $1.37 EPS and FY2019 earnings at $5.66 EPS.

Other equities research analysts also recently issued research reports about the company. Stifel Nicolaus set a $83.00 price objective on National Health Investors and gave the company a “buy” rating in a research report on Tuesday, August 7th. Zacks Investment Research upgraded National Health Investors from a “hold” rating to a “buy” rating and set a $83.00 price objective for the company in a research report on Wednesday, July 25th. Cantor Fitzgerald reiterated a “hold” rating and set a $75.00 price objective on shares of National Health Investors in a research report on Tuesday, May 8th. SunTrust Banks reiterated a “hold” rating and set a $79.00 price objective on shares of National Health Investors in a research report on Wednesday, August 8th. They noted that the move was a valuation call. Finally, Wells Fargo & Co set a $75.00 price objective on National Health Investors and gave the company a “market perform” rating in a research report on Thursday, May 31st. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company’s stock. National Health Investors currently has a consensus rating of “Hold” and a consensus price target of $75.44.

Shares of NYSE:NHI opened at $76.37 on Monday. National Health Investors has a one year low of $62.71 and a one year high of $81.60. The firm has a market cap of $3.26 billion, a PE ratio of 14.33, a P/E/G ratio of 3.55 and a beta of 0.43. The company has a debt-to-equity ratio of 0.90, a current ratio of 15.56 and a quick ratio of 15.21.

National Health Investors (NYSE:NHI) last announced its quarterly earnings data on Tuesday, August 7th. The real estate investment trust reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.05). National Health Investors had a net margin of 53.16% and a return on equity of 11.49%. The company had revenue of $72.96 million for the quarter, compared to analyst estimates of $73.80 million.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 9th. Shareholders of record on Friday, September 28th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 5.24%. The ex-dividend date of this dividend is Thursday, September 27th. National Health Investors’s dividend payout ratio (DPR) is currently 75.05%.

Large investors have recently made changes to their positions in the business. Old Mutual Global Investors UK Ltd. raised its stake in National Health Investors by 232.1% during the 1st quarter. Old Mutual Global Investors UK Ltd. now owns 49,668 shares of the real estate investment trust’s stock valued at $3,342,000 after purchasing an additional 34,712 shares during the period. Principal Financial Group Inc. raised 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 during the period. Swiss National Bank raised its stake in National Health Investors by 2.6% during the 1st quarter. Swiss National Bank now owns 71,620 shares of the real estate investment trust’s stock valued at $4,819,000 after purchasing an additional 1,800 shares during the period. Neuberger Berman Group LLC acquired a new stake in National Health Investors during the 1st quarter valued at $227,000. Finally, PNC Financial Services Group Inc. raised its stake in National Health Investors by 134.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,452 shares of the real estate investment trust’s stock valued at $367,000 after purchasing an additional 3,123 shares during the period. 70.42% of the stock is currently owned by institutional investors.

National Health Investors Company Profile

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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Earnings History and Estimates for National Health Investors (NYSE:NHI)

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