Want to see NHI full AI Analyst Report?
NHI Stock Chart & Stats
$80.54
-$0.92(-1.14%)
At close: 4:00 PM EDT
$80.54
-$0.92(-1.14%)
Day’s Range― - ―
52-Week Range$67.94 - $91.38
Previous CloseN/A
Volume84.05K
Average Volume (3M)778.89K
Market Cap
$3.47B
Enterprise Value$4.96K
Total Cash (Recent Filing)$30.39M
Total Debt (Recent Filing)$1.28B
Price to Earnings (P/E)20.5
Beta0.16
Next Earnings
Nov 10, 2026EPS Estimate
1.54Next Dividend Ex-DateN/A
Dividend Yield5.16%
Share Statistics
EPS (TTM)3.47
Shares Outstanding49,110,435
10 Day Avg. Volume402,097
30 Day Avg. Volume778,895
Financial Highlights & Ratios
PEG Ratio-7.19
Price to Book (P/B)2.35
Price to Sales (P/S)9.46
P/FCF Ratio16.25
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$84.00Price Target Upside4.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)3.84
Revenue Forecast (FY)$283.87M
Bulls Say, Bears Say
Bulls Say
Cash GenerationConsistent, high cash conversion and rising free cash flow (FCF ~$192M–$235M in recent years; TTM FCF up ~4%) underpin durable ability to fund dividends, reinvest in assets, and service financing. Strong OCF/FCF reduces reliance on equity issuance and supports long‑term capital allocation flexibility.
Balance Sheet & LiquidityThe $560M portfolio sale materially boosted liquidity and is expected to generate a large gain (~$541.6M), with $221M already deployed into 1031 replacements and ~$334M held for reinvestment. This strengthens near‑term cash reserves, lowers refinancing pressure, and creates optionality for accretive deployments or paydown.
SHOP Platform Scale & DiversificationRapid SHOP expansion to ~$850M (≈24% of assets) plus a sizable pipeline (~$420M) and signed LOIs (~$127M) diversifies revenue toward higher‑yield private‑pay senior housing. Scale can deliver higher yields, portfolio diversification, and operational upside if management converts pipeline and stabilizes same‑store performance.
Bears Say
Debt Reporting DiscontinuityA large step‑change in reported debt undermines trend comparability and raises questions on accounting or balance‑sheet presentation after the NHC sale. Investors need clarity to assess sustainable leverage, covenant headroom and refinancing risk given historical debt‑to‑equity around 0.76–0.91.
SHOP Same‑store & Operational HeadwindsOperational disruptions (units offline, move‑outs, elevated deaths) have caused occupancy and same‑store NOI declines, which can erode cash rents and tenant coverage metrics. Recovery may take multiple quarters and could weigh on FFO stability and the timeline to realize SHOP underwriting returns.
Compressed Acquisition YieldsA tighter acquisition market with yields compressed materially reduces underwriting margins for new SHOP and portfolio deals, making it harder to deploy capital accretively. Persistent compression pressures long‑term NOI growth potential and requires stronger operational execution to preserve returns.
National Health Investors News
NHI FAQ
What was National Health Investors’s price range in the past 12 months?
National Health Investors lowest stock price was $67.94 and its highest was $91.38 in the past 12 months.
What is National Health Investors’s market cap?
National Health Investors’s market cap is $3.47B.
When is National Health Investors’s upcoming earnings report date?
National Health Investors’s upcoming earnings report date is Nov 10, 2026 which is in 87 days.
How were National Health Investors’s earnings last quarter?
National Health Investors released its earnings results on Aug 10, 2026. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $0.843 by $0.307.
Is National Health Investors overvalued?
According to Wall Street analysts National Health Investors’s price is currently Undervalued.
Does National Health Investors pay dividends?
National Health Investors pays a Quarterly dividend of $0.94 which represents an annual dividend yield of 5.16%. See more information on National Health Investors dividends here
What is National Health Investors’s EPS estimate?
National Health Investors’s EPS estimate is 1.54.
How many shares outstanding does National Health Investors have?
National Health Investors has 49,110,435 shares outstanding.
What happened to National Health Investors’s price movement after its last earnings report?
National Health Investors reported an EPS of $1.15 in its last earnings report, beating expectations of $0.843. Following the earnings report the stock price went down -5.664%.
Which hedge fund is a major shareholder of National Health Investors?
Currently, no hedge funds are holding shares in NHI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
National Health Investors Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$84.00 (4.30% Upside)
$84.00 (4.30% Upside)
Blogger Sentiment
Bullish
NHI Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 2.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $167.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.4%
Last 30 Days ▲ 17.8%
Last 30 Days ▲ 17.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.64%
12-Months-Change
Fundamentals
Return on Equity
5.16%
Trailing 12-Months
Asset Growth
9.95%
Trailing 12-Months
Company Description
National Health Investors
Established in 1991, National Health Investors, Inc. (NYSE: NHI) operates as a real estate investment trust (REIT) primarily focused on providing capital for senior living and medical real estate assets. The company facilitates this through diverse financing options, including sale-leaseback arrangements, joint ventures, and various debt instruments such as mortgage and mezzanine loans, targeting properties that cater to both essential care needs and discretionary services. NHI's broad holdings feature independent living, assisted living, and memory care facilities, as well as entrance-fee retirement communities, skilled nursing homes, medical office complexes, and specialized hospitals.
NHI Company Deck
NHI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a largely positive strategic and financial picture driven by the transformative NHC sale (material gain and strong liquidity), rapid expansion of the SHOP platform (137% increase to ~$850M) and significant SHOP NOI growth in aggregate (188.5% YoY). Management enhancements (new COO, CFO) and a dividend increase further reinforce confidence. However, near-term operational and earnings challenges persist: same-store SHOP performance showed YoY weakness, normalized FFO declined modestly, G&A and interest costs rose, and some SHOP properties face occupancy and operational pressures. The acquisition market is competitive with compressed yields, creating underwriting pressure. Overall, the positives (balance sheet strength, liquidity, SHOP scale-up, sequential operational improvement and active pipeline) outweigh the near-term headwinds, but execution will be critical to realize the anticipated long-term benefits.View all NHI earnings summariesNHI Stock 12 Month Forecast
Average Price Target
$84.00
▲(4.30% Upside)
Technical Analysis
Ownership Overview
2.39% Insiders
23.47% Mutual Funds
5.16% Other Institutional Investors
36.48% Public Companies and
Individual Investors