National Health Investors, Inc. (NHI) To Go Ex-Dividend on December 31st

National Health Investors, Inc. (NYSE:NHI) declared a quarterly dividend on Thursday, November 6th. Investors of record on Wednesday, December 31st will be given a dividend of 0.92 per share by the real estate investment trust on Friday, January 30th. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date is Wednesday, December 31st.

National Health Investors has decreased its dividend payment by an average of 0.0%per year over the last three years. National Health Investors has a dividend payout ratio of 112.5% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect National Health Investors to earn $4.66 per share next year, which means the company should continue to be able to cover its $3.68 annual dividend with an expected future payout ratio of 79.0%.

National Health Investors Price Performance

Shares of NYSE NHI opened at $77.13 on Monday. The company has a debt-to-equity ratio of 0.74, a current ratio of 10.64 and a quick ratio of 10.64. The company has a market cap of $3.67 billion, a price-to-earnings ratio of 24.33, a price-to-earnings-growth ratio of 2.99 and a beta of 0.68. The stock’s 50-day moving average is $77.08 and its two-hundred day moving average is $75.32. National Health Investors has a 1-year low of $65.13 and a 1-year high of $80.56.

National Health Investors (NYSE:NHI) last announced its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.08. National Health Investors had a return on equity of 10.17% and a net margin of 41.38%.The business had revenue of $83.36 million during the quarter, compared to analysts’ expectations of $85.66 million. During the same quarter last year, the business posted $1.03 EPS. The business’s quarterly revenue was down 1.8% compared to the same quarter last year. National Health Investors has set its FY 2025 guidance at 4.880-4.91 EPS. Analysts forecast that National Health Investors will post 4.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on NHI shares. National Bankshares set a $90.00 price objective on shares of National Health Investors in a report on Wednesday, October 1st. Truist Financial increased their target price on National Health Investors from $81.00 to $83.00 and gave the company a “buy” rating in a report on Monday, December 15th. Wells Fargo & Company raised their price target on National Health Investors from $80.00 to $85.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of National Health Investors in a research report on Monday, December 22nd. Finally, Cantor Fitzgerald initiated coverage on National Health Investors in a report on Wednesday, October 1st. They issued an “overweight” rating and a $90.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $87.33.

National Health Investors Company Profile

National Health Investors, Inc (NYSE: NHI) is a specialized real estate investment trust (REIT) focused on owning and financing high-quality healthcare and senior housing facilities in the United States. The company’s portfolio encompasses a diverse range of properties, including skilled nursing centers, assisted living and memory care communities, behavioral health facilities, dialysis clinics, and medical office buildings. NHI typically enters into long-term net-lease agreements with experienced healthcare operators, providing stable and predictable rental income streams while enabling its tenants to concentrate on delivering quality care.

Since its founding in 1991 and initial public offering later that year, National Health Investors has pursued a disciplined growth strategy centered on strategic acquisitions, joint ventures, and selective development.