National Health Investors (NYSE:NHI) Hits New 12-Month Low – Should You Sell?

Shares of National Health Investors, Inc. (NYSE:NHI) hit a new 52-week low during trading on Wednesday. The company traded as low as $66.50 and last traded at $66.6120, with a volume of 490805 shares changing hands. The stock had previously closed at $66.84.

Wall Street Analysts Forecast Growth

NHI has been the topic of several analyst reports. Truist Financial dropped their price target on shares of National Health Investors from $81.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, September 2nd. Huntington initiated coverage on National Health Investors in a research note on Thursday, September 10th. They issued an “outperform” rating and a $79.00 price objective for the company. BMO Capital Markets reaffirmed an “outperform” rating on shares of National Health Investors in a report on Wednesday, September 23rd. Weiss Ratings downgraded National Health Investors from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, September 25th. Finally, Zacks Research upgraded National Health Investors from a “strong sell” rating to a “hold” rating in a research report on Tuesday. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $82.25.

National Health Investors Stock Down 1.0%

The company has a market capitalization of $3.19 billion, a PE ratio of 18.78, a price-to-earnings-growth ratio of 3.50 and a beta of 0.49. The company’s fifty day moving average is $71.88 and its 200-day moving average is $75.64. The company has a debt-to-equity ratio of 0.81, a quick ratio of 6.78 and a current ratio of 6.78.

National Health Investors (NYSE:NHI) last issued its quarterly earnings results on Monday, August 10th. The real estate investment trust reported $1.19 earnings per share for the quarter. The business had revenue of $121.32 million for the quarter. National Health Investors had a net margin of 38.56% and a return on equity of 10.89%. National Health Investors’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.22 EPS. National Health Investors has set its FY 2026 guidance at 4.740-4.790 EPS. As a group, analysts predict that National Health Investors, Inc. will post 4.76 EPS for the current fiscal year.

National Health Investors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 6th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.92 per share. The ex-dividend date is Wednesday, September 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 5.7%. National Health Investors’s payout ratio is 108.67%.

Institutional Investors Weigh In On National Health Investors

A number of institutional investors have recently bought and sold shares of NHI. Allworth Financial LP purchased a new position in shares of National Health Investors in the second quarter valued at about $42,000. EverSource Wealth Advisors LLC grew its position in shares of National Health Investors by 34.3% during the first quarter. EverSource Wealth Advisors LLC now owns 626 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 160 shares in the last quarter. Field & Main Bank purchased a new stake in shares of National Health Investors during the second quarter worth about $76,000. Rockefeller Capital Management L.P. grew its position in shares of National Health Investors by 80.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,022 shares of the real estate investment trust’s stock worth $78,000 after purchasing an additional 456 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in National Health Investors during the 2nd quarter valued at approximately $84,000. Hedge funds and other institutional investors own 62.51% of the company’s stock.

About National Health Investors

National Health Investors, Inc (NYSE:NHI) is a self-managed real estate investment trust that owns and finances healthcare-related real estate. The company primarily invests in properties used by seniors and patients, including senior housing communities, skilled nursing facilities, medical office buildings and other healthcare facilities.

NHI generally leases its properties to healthcare operators under long-term agreements and may provide mortgage or other financing to support the development and operation of healthcare real estate.