National Health Investors, Inc. (NYSE:NHI) has been given a consensus recommendation of “Hold” by the nine research firms that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $79.25.

A number of equities analysts recently issued reports on the stock. BidaskClub cut shares of National Health Investors from a “hold” rating to a “sell” rating in a research note on Wednesday. Zacks Investment Research upgraded shares of National Health Investors from a “sell” rating to a “hold” rating in a research note on Wednesday. ValuEngine cut shares of National Health Investors from a “buy” rating to a “hold” rating in a research note on Tuesday, June 13th. Mizuho reiterated a “neutral” rating on shares of National Health Investors in a research note on Wednesday, June 28th. Finally, Stifel Nicolaus upped their price target on shares of National Health Investors from $80.00 to $82.00 and gave the stock a “buy” rating in a research note on Wednesday, June 21st.

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in 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 valued at $498,323,000 after buying an additional 72,518 shares in the last quarter. BlackRock Inc. boosted its position in 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 valued at $280,927,000 after buying an additional 218,482 shares in the last quarter. Northern Trust Corp boosted its position in 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 valued at $79,823,000 after buying an additional 60,784 shares in the last quarter. State Street Corp boosted its position in National Health Investors by 8.2% in the first quarter. State Street Corp now owns 920,812 shares of the real estate investment trust’s stock valued at $66,881,000 after buying an additional 69,884 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in National Health Investors by 4.2% in the second quarter. Dimensional Fund Advisors LP now owns 565,542 shares of the real estate investment trust’s stock valued at $44,790,000 after buying an additional 22,697 shares in the last quarter. Institutional investors and hedge funds own 69.34% of the company’s stock.

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Shares of National Health Investors (NYSE:NHI) traded up 0.34% during trading on Friday, reaching $76.54. 419,689 shares of the company traded hands. The firm’s 50-day moving average is $77.38 and its 200-day moving average is $75.03. The stock has a market capitalization of $3.14 billion, a PE ratio of 19.66 and a beta of 0.56. National Health Investors has a 12-month low of $66.31 and a 12-month high of $82.53.

National Health Investors (NYSE:NHI) last announced its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.93 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.29 by $0.36. The firm had revenue of $69.84 million during the quarter, compared to the consensus estimate of $67.68 million. National Health Investors had a return on equity of 12.56% and a net margin of 59.24%. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.22 EPS. On average, equities analysts predict that National Health Investors will post $3.79 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 10th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 4.96%. The ex-dividend date is Thursday, September 28th. National Health Investors’s dividend payout ratio is currently 97.69%.

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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