National Health Investors Inc (NHI) Receives Average Recommendation of “Hold” from Brokerages

National Health Investors Inc (NYSE:NHI) has received a consensus recommendation of “Hold” from the twelve research firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $79.86.

Several research analysts have recently commented on NHI shares. Zacks Investment Research downgraded National Health Investors from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. SunTrust Banks set a $75.00 price objective on National Health Investors and gave the stock a “hold” rating in a report on Monday, January 22nd. Capital One Financial started coverage on National Health Investors in a report on Monday, October 23rd. They issued an “equal weight” rating on the stock. ValuEngine upgraded National Health Investors from a “hold” rating to a “buy” rating in a report on Friday, November 10th. Finally, Cantor Fitzgerald reiterated a “hold” rating and issued a $85.00 price objective on shares of National Health Investors in a report on Wednesday, January 17th.

National Health Investors (NYSE NHI) traded down $1.71 during midday trading on Friday, reaching $64.94. The company’s stock had a trading volume of 152,764 shares, compared to its average volume of 243,273. National Health Investors has a twelve month low of $64.90 and a twelve month high of $81.60. The company has a quick ratio of 12.72, a current ratio of 12.72 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $2,755.24, a P/E ratio of 12.73, a price-to-earnings-growth ratio of 3.01 and a beta of 0.41.

National Health Investors (NYSE:NHI) last released its quarterly earnings data on Wednesday, November 8th. The real estate investment trust reported $0.94 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.34 by ($0.40). The company had revenue of $71.35 million during the quarter, compared to analysts’ expectations of $70.80 million. National Health Investors had a return on equity of 12.74% and a net margin of 59.70%. analysts expect that National Health Investors will post 5.27 earnings per share for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of NHI. Prudential Financial Inc. grew its stake in shares of National Health Investors by 137.4% in the second quarter. Prudential Financial Inc. now owns 13,683 shares of the real estate investment trust’s stock worth $1,084,000 after purchasing an additional 7,920 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of National Health Investors by 4.9% in the second quarter. Principal Financial Group Inc. now owns 8,171 shares of the real estate investment trust’s stock worth $647,000 after purchasing an additional 379 shares during the last quarter. Teachers Advisors LLC grew its stake in shares of National Health Investors by 11.5% in the second quarter. Teachers Advisors LLC now owns 70,438 shares of the real estate investment trust’s stock worth $5,579,000 after purchasing an additional 7,241 shares during the last quarter. Nationwide Fund Advisors grew its stake in shares of National Health Investors by 3.6% in the second quarter. Nationwide Fund Advisors now owns 22,773 shares of the real estate investment trust’s stock worth $1,804,000 after purchasing an additional 787 shares during the last quarter. Finally, Amalgamated Bank grew its stake in shares of National Health Investors by 10.0% in the second quarter. Amalgamated Bank now owns 5,027 shares of the real estate investment trust’s stock worth $398,000 after purchasing an additional 459 shares during the last quarter. 70.35% of the stock is currently owned by institutional investors.

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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.

Analyst Recommendations for National Health Investors (NYSE:NHI)

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