National Health Investors reports Q1 normalized FFO $1.23, consensus $1.21

Reports Q1 revenue $115.13M, consensus $105.35M. “NHI reported a solid start to 2026, with NAREIT FFO, Normalized FFO and FAD exceeding our internal expectations,” said Eric Mendelsohn, NHI’s President and CEO. “During the quarter, we continued to expand our Senior Housing Operating Portfolio, with Q1 invested capital of $742.5M, a 106% increase from the prior year period. While same-store SHOP performance was impacted by near-term operating headwinds, we remain focused on executing our strategy and see solid performance from our recent SHOP additions. We also announced the acquisition of a seven-property portfolio for $106.9 million, which we expect to be accretive and to further support our growth.”