National Health Investors (NYSE:NHI – Get Free Report) released its earnings results on Monday. The real estate investment trust reported $11.47 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $10.29, FiscalAI reports. The company had revenue of $113.48 million during the quarter, compared to the consensus estimate of $68.53 million. National Health Investors had a return on equity of 10.89% and a net margin of 38.56%.
National Health Investors Price Performance
National Health Investors stock traded up $0.25 during trading hours on Monday, hitting $71.49. The stock had a trading volume of 407,473 shares, compared to its average volume of 406,876. National Health Investors has a 1-year low of $63.51 and a 1-year high of $91.38. The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of 20.66, a PEG ratio of 4.54 and a beta of 0.51. The stock’s fifty day moving average is $67.81 and its two-hundred day moving average is $76.18. The company has a debt-to-equity ratio of 0.81, a current ratio of 6.78 and a quick ratio of 6.78.
Analyst Ratings Changes
A number of research firms have recently weighed in on NHI. Wells Fargo & Company lowered their price target on shares of National Health Investors from $78.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Monday, October 19th. BMO Capital Markets reiterated an “outperform” rating on shares of National Health Investors in a research note on Wednesday, September 23rd. Huntington started coverage on shares of National Health Investors in a report on Thursday, September 10th. They set an “outperform” rating and a $79.00 price objective on the stock. Weiss Ratings downgraded shares of National Health Investors from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, September 25th. Finally, National Bank Financial set a $79.00 target price on shares of National Health Investors in a research report on Wednesday, September 9th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $81.00.
Read Our Latest Analysis on National Health Investors
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.
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