FY2019 EPS Estimates for National Health Investors Inc (NHI) Increased by Analyst

National Health Investors Inc (NYSE:NHI) – Investment analysts at Capital One Financial lifted their FY2019 earnings estimates for shares of National Health Investors in a note issued to investors on Monday. Capital One Financial analyst D. Bernstein now forecasts that the real estate investment trust will earn $5.63 per share for the year, up from their prior forecast of $5.62. Capital One Financial also issued estimates for National Health Investors’ Q4 2019 earnings at $1.43 EPS.

Several other analysts have also issued reports on the stock. Stephens set a $79.00 price objective on shares of National Health Investors and gave the company a “buy” rating in a report on Friday, January 12th. Zacks Investment Research lowered shares of National Health Investors from a “buy” rating to a “hold” rating in a report on Friday, November 17th. KeyCorp restated an “underweight” rating on shares of National Health Investors in a report on Tuesday, December 19th. ValuEngine upgraded shares of National Health Investors from a “hold” rating to a “buy” rating in a report on Friday, November 10th. Finally, Cantor Fitzgerald restated a “hold” rating and issued a $85.00 price objective on shares of National Health Investors in a report on Wednesday, January 17th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $79.25.

Shares of National Health Investors (NYSE NHI) traded up $0.90 on Wednesday, reaching $66.00. 188,258 shares of the company traded hands, compared to its average volume of 281,464. The stock has a market cap of $2,691.70, a price-to-earnings ratio of 17.04, a P/E/G ratio of 2.94 and a beta of 0.41. National Health Investors has a 12-month low of $62.71 and a 12-month high of $81.60. The company has a debt-to-equity ratio of 0.87, a quick ratio of 12.72 and a current ratio of 13.85.

A number of large investors have recently modified their holdings of the business. Eqis Capital Management Inc. increased its stake in National Health Investors by 9.5% during the fourth quarter. Eqis Capital Management Inc. now owns 8,050 shares of the real estate investment trust’s stock worth $607,000 after purchasing an additional 698 shares during the period. Pacer Advisors Inc. increased its stake in National Health Investors by 11.7% during the third quarter. Pacer Advisors Inc. now owns 7,402 shares of the real estate investment trust’s stock worth $572,000 after purchasing an additional 775 shares during the period. The Manufacturers Life Insurance Company increased its stake in National Health Investors by 2.8% during the second quarter. The Manufacturers Life Insurance Company now owns 29,691 shares of the real estate investment trust’s stock worth $2,352,000 after purchasing an additional 798 shares during the period. Raymond James & Associates increased its stake in National Health Investors by 14.8% during the fourth quarter. Raymond James & Associates now owns 7,379 shares of the real estate investment trust’s stock worth $556,000 after purchasing an additional 951 shares during the period. Finally, Aperio Group LLC increased its stake in National Health Investors by 7.1% during the fourth quarter. Aperio Group LLC now owns 16,495 shares of the real estate investment trust’s stock worth $1,243,000 after purchasing an additional 1,092 shares during the period. Institutional investors own 70.12% of the company’s stock.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 10th. Shareholders of record on Friday, March 30th will be paid a dividend of $1.00 per share. The ex-dividend date is Wednesday, March 28th. This is a positive change from National Health Investors’s previous quarterly dividend of $0.95. This represents a $4.00 dividend on an annualized basis and a yield of 6.06%. National Health Investors’s dividend payout ratio is 98.19%.

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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.

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

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